Application Deadline: July 15, 2022
The World Bank Group (WBG) Young Professionals Program (YPP) is a starting point for an exciting career at the World Bank Group. Young Professionals are recruited from around the world with various academic and professional backgrounds relevant to the World Bank, IFCandMIGA. WBG is looking for applicants who demonstrate a passion for international development, graduate education, relevant professional experience, and the potential to grow into impactful leadership roles across our institutions.
The WBG YPP offers Young Professionals a unique opportunity to work on the frontlines of international development. Candidates should be willing to relocate to field-based assignments, especially those supporting client countries experiencing Fragility, Conflict and Violence (FCV) and other challenging environments.
Eligibility Requirements:
To be considered for the WBG YPP, applicants must:
- Be born on or after October 1, 1990
- Have a master’s or doctoral degree*
- Specialize in a field relevant to YPP Business Areas
- Demonstrate relevant professional experience or continued study at the doctoral level**
- Be fluent in English
- The Bank’s Group recruitment policy is to hire staff of the highest caliber, on as wide a geographical basis as possible, with preference to nationals of WBG member countries or countries of operations.
*Graduate degree requirements:
For World Bank placement: Complete a relevant master’s degree by September 2022 or PhD before September 2023. Fields of study should be related to a World Bank Business Area.
For IFC & MIGA placement: Complete a relevant graduate degree by September 2023. Fields of study should be related to an IFC or MIGA Business Area, including but not limited to a Master’s of Business Administration (or equivalent), Economics, Finance, International Relations, Science and Engineering.
**Professional experience requirements:
For World Bank placement: Demonstrate 3+ years of relevant experience, or the equivalent in continued study at the doctoral level.
For IFC & MIGA placement: Demonstrate4+ 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 Considerations
To be competitive, applicants should additionally:
- Display a commitment and passion for international development
- Possess outstanding academic credentials
- Exhibit excellent client engagement, communication and team leadership skills
- Demonstrate knowledge of relevant sector trends
The following attributes are a plus:
- Work experience in emerging markets or developing countries
- Full proficiency in one of the following official WBG languages: Arabic, Chinese, French, Portuguese, Russian, and Spanish
Benefits
- YPs are offered five-year term contracts, the terms, and conditions of which vary by institution.
- Candidates will be provided with further detail during the offer stage, in line with the most current policies of their respective hiring institution
- YPs receive a competitive salary and benefits package as part of the five-year term contract. Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits depending on WBG guidelines. Candidates will be provided with further detail during the offer stage
Application Procedure:
Applications are open June 15 – July 15 for all profiles and from August 15 – September 30 for IFC and MIGA profiles only.
Note: Before applying, ensure that you meet all eligibility requirements and have reviewed the application checklist below, for required material. Applications must be completed by 11:59 PM UTC (Coordinated Universal Time) on the last day of the application period. On the application, candidates must select the institution that they believe best aligns with their skillset (the World Bank, IFC or MIGA). Duplicate applications will not be reviewed and will not increase one’s chances of selection.
Application Checklist
- Resume/CV
- Academic Credentials*
- 1 Short Essay
- Short Summary of Thesis or Dissertation (World Bank candidates, only if applicable)
- 3 Professional or Academic Recommendations**
Short Essay Question
Please answer the following (in 750 words or 4,500 characters or less):
Given the current global context, how can the World Bank Group help our country clients support and reach a green, resilient and inclusive development? Please include rebuilding on progress lost on the WBG’s twin goals over the past few years, as it relates to your area of work.
THE INTERVIEW
The World Bank Group is closely monitoring COVID-19 developments. To ensure the safety of our current and prospective staff, YPP interviews will be conducted virtually and may include:
- Pre-recorded interview (on Hirevue)
- Live panel interview
- An assessment center, where you will be asked to participate in individual and group exercises
- Timed computer-based financial tests (IFC candidates)
Applicants who are invited to interview will be provided with more detail as the process moves along.
Candidates are assessed based on experience, technical expertise, and competencies such as client orientation, leadership and communication.
For More Information:
Visit the Official Webpage of the WBG Young Professionals Program (YPP) 2023