World Bank Young Professionals Program (WBG YPP)

Update on the new coronavirus (COVID-19):  The World Bank Group is closely monitoring the development of COVID-19. The safety of our current and potential staff is our top priority. From now on, the YPP recruitment processes will continue as usual and will be modified into virtual platforms as needed. Applicants will receive related updates as the process progresses.

PROGRAM UPDATE:  The World Bank and IFC will merge their respective young professional programs into one World Bank Group young professional program (WBG YPP).

The new program is now accepting applications on behalf of three institutions (the   World Bank  ,   IFC   and   MIGA  ). Building on the rich heritage of its previous programs, the WBG YPP will recruit and develop future leaders to collaborate effectively through our institutions on common WBG solutions to development challenges.

Young professionals are recruited worldwide, preferably to nationals of  member countries  of the  GBM  and  countries of operations. We invite all qualified people from various professional, academic and cultural backgrounds to apply.

PROGRAM

The WBG YPP  is a two-year leadership development program at the start of a five-year employment contract with the World Bank, IFC or MIGA. All PCs begin the program in Washington, DC, where they engage in intensive training – on the job and in the classroom – to learn the fundamentals of leadership and operations in each institution and how to identify opportunities for joint impact.

KEY FEATURES OF THE PROGRAM

Professional Experience The  PCs are full-time employees, making an important contribution to the work program of their respective unit, while creating networks and knowledge across the Bank Group through the PJP. They often join missions in the field, where they work on the front line of GBM operations, learn the key aspects of our work and interact directly with our customers.

Leadership Development  Through the WBG YPP program, the PCs develop the fundamental knowledge to contribute to our business and the skills to lead. Activities range from leadership and professional development workshops to networking, mentoring and conversations with WBG leaders.

Training on  WBG policies, products and operations The PCs participate in intensive training in the policies, products and operations of the World Bank, IFC and MIGA. This aspect of the GBM’s PC program ensures that the PCs know how to operationalize joint GBM solutions to development challenges, and how to conserve and apply this knowledge for years to come.

Global rotations in GBM  PCs   participate in at least one rotation within their home institution, some engaging in additional rotations in another institution, with the aim of developing and applying skills across the board. ‘company. Rotations are an essential component of the program, offering the PCs the opportunity to understand how our institutions work (and can work together) as well as how to align their skills with priority areas, such as countries affected by fragility, conflict and violence. (FCV), and other harsh environments.

Coaching & Mentoring  Young professionals receive several mentors at peer and departmental level. Mentors can provide advice on a variety of topics from settling in Washington, DC to identifying career opportunities throughout the YP experience and beyond.

Networking Events  In addition to the program orientation and graduation ceremonies, the WBG’s PC office regularly organizes events to keep the PCs in touch with program alumni, stakeholders and broader staff. GBM.

Rotations and  professional placements supported by management Young professionals benefit from support at management level in their transitions to rotations and placements after youth, which guarantees that their skills are better placed in the company.

REMUNERATION AND BENEFITS

The medjouel.com team informs you that the WBG YPP  offers competitive salary and benefits under a 5-year contract. The benefits include health, life and accident insurance, a pension scheme and any resettlement and mobility benefits according to the guidelines of the WBG.

WHO CAN MAKE A REQUEST?

To be considered for the GBM PJ, applicants must:

  • Born on or after October 1, 1988
  • Have a master’s or doctorate *
  • Specialize in a field relevant to   the PJP’s fields of activity
  • Demonstrate relevant professional experience or continuous studies at the doctoral level **
  • Fluent in English
  • The Banks Group’s recruitment policy consists in recruiting high caliber staff, on as wide a geographical basis as possible, favoring nationals of  member countries  of the WBG or of the   countries of operations.

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* Graduate diploma requirements:For a World Bank internship:   complete a graduate degree by June 30, 2020 or a doctorate by September 2021

For IFC and MIGA internships:  complete a graduate diploma before September 2021

** Professional experience requirements:

For the WB internship:  Demonstrate 3+ years of relevant experience   , or the equivalent in continuous studies at doctoral level

For IFC and MIGA internships:  Demonstrate 4+ years of relevant experience   in finance, political risk insurance and credit enhancement, project / program development, economic development and / or consulting. Certifications such as the CFA are a plus.

ADDITIONAL CONSIDERATIONSTo be competitive, candidates must also:

  • Demonstrate a commitment and a passion for international development
  • Possess exceptional university degrees
  • Demonstrate excellent skills in customer engagement, communication and team leadership
  • Demonstrate knowledge of relevant industry trends

The following attributes are a plus:

  • Experience working in emerging markets or developing countries
  • Full proficiency in one of the following official languages ​​of the WBG: Arabic, Chinese, French, Portuguese, Russian and Spanish
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PJP AREAS OF ACTIVITY

The PCs are placed in several priority areas of WBG activities. To be eligible for the GBM PJ, applicants must demonstrate experience in at least one of the subjects listed below. For more information on these areas of activity, please consult the following websites:  World Bank  ,   IFC  or  MIGA  .  

world BankYoung professionals IFCYoung professionals MIGAYoung professionals
WORLD PRACTICES

  • Agriculture and food
  • Digital development
  • Education
  • Energy and extractives
  • Environment, natural resources and blue economy
  • Support unit for the environmental and social framework
  • Finance, competitiveness and innovation
  • The governance
  • Health, nutrition and population
  • Jobs and Development
  • Macroeconomics, trade and investment
  • Poverty and equity
  • Resilience and Earth
  • Social protection and jobs
  • Social development
  • Transport
  • Urban disaster risk management
  • Water

 

WORLD THEMES

  • Climate change
  • Fragility, conflict and violence
  • Genre
  • Public-private infrastructure and partnerships

 

OTHER UNITS

  • Development economics
  • Independent evaluation group
  • Legal
SOME PRODUCTS

  • advice
  • Asset Management
  • Mixed finance
  • Equity
  • Loans
  • Structured finance

 

SECTORS

  • Agribusiness and forestry
  • Energy
  • Financial institutions
  • Health education
  • Manufacturing
  • Mining
  • Telecom, media and technology
  • Tourism, retail and real estate
  • Transport
  • Urban development and municipal infrastructure
  • Water and wastewater

 

AREAS OF EXPERTISE

  • Climate finance
  • Disruptive technologies
  • Private Equity Funds
  • Public-private partnerships
  • Treasury
  • Upstream market creation
  • Venture capital
SOME PRODUCTS

  • Credit increase
  • Political risk insurance

 

AREAS OF EXPERTISE

  • Accounting and finance
  • Economy
  • Environmental and social management
  • Export credit
  • Legal
  • Project financing

 

THEMES

  • Climate change
  • Corporate finance services
  • Public-private partnerships
  • Risk management
  • Sustainable energy

FOCUS ON THE GROUND

The WBG YPP offers young professionals a unique opportunity to work on the front line of international development. Applicants must be prepared to relocate for field missions, particularly those that support client countries in situations of fragility, conflict and violence (FCV) and other difficult environments.

Applications for the first WBG YPP cohort are open from   June 1 to June 30   for all profiles   and will   reopen from August 17 to September 21   for IFC and MIGA profiles only  .

APPLICATION CHECKLIST

  • Curriculum vitae
  • Diplomas *
  • 2 short tests
  • Brief summary of the thesis or thesis (World Bank applicants only)
  • 3 professional or academic recommendations **
* Diploma, letter of completion of diploma, proof of registration with expected date of graduation or transcript.** Recommendations will be requested by e-mail during the eligibility selection phase.

Short trials

Question 1  In 500 words or less, please tell us what inspires you to work for the World Bank Group and why you would be a good candidate for the PC of WBG. You can include your personal and professional experience (area of ​​expertise, region or sector) in your response.

Question 2  In 500 words or less, please share your thoughts on the value of the new World Bank Group Young Professionals program and why joint WBG solutions (public, public-private and private) to development challenges are so important.

THE INTERVIEW

The World Bank Group is closely monitoring developments in COVID-19. To ensure the safety of our current and potential staff, the PJP 2020 interviews will be conducted virtually. Additional activities may include:

  • An assessment center, where you will be asked to review and discuss documents
  • Timed IT financial tests

Applicants invited for an interview will receive more details as the process progresses.

For   advice on interviews at the World Bank Group

Applicants are assessed based on their experience, technical expertise and skills such as customer orientation, leadership and communication.

Apply here: https://wbgypp.worldbank.org/yppform.aspx

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