The World Bank, MIGA and IFC will merge their respective Young Professionals Programmes into one World Bank Group Young Professionals Programme (WBG YPP). Applications are now open.

Application deadline: 21 September 2020

About the Award: The new programme is now accepting applications on behalf of three institutions (World Bank, IFC and MIGA). Building on the rich legacy of its predecessor programmes, the WBG YPP will recruit and develop future leaders to collaborate effectively between our institutions on joint WBG solutions to development challenges.

Young Professionals are recruited from all over the world, with preference given to nationals of WBG member countries and countries of operations. We welcome all qualified individuals from diverse professional, academic and cultural backgrounds to apply.

Type: Labour

Eligibility: We welcome all qualified individuals from diverse professional, academic and cultural backgrounds to apply. Sub-Saharan African nationals, Caribbean nationals, women and people with disabilities are strongly encouraged to apply.

• Born on 1st October 1988
• Master's degree or doctorate*
• Specialisation in an area relevant to YPP's business areas
• Relevant professional experience or continued study at doctoral level**
• Fluency in English
• The Banks Group's recruitment policy is to hire employees of the highest calibre, as widely as possible, with preference given to nationals of the countries in which they work. member countries from the WBG or countries of operations.

*Postgraduate requirements vary according to the institution:

For WB placement: Complete a postgraduate degree by 30 June 2020 or a doctorate before September 2021.

For IFC and MIGA placement: Complete a postgraduate degree (e.g. Master's in Business Administration, Economics, International Relations, Science and Engineering) by September 2021.

**Professional experience requirements vary according to the institution:

For WB placement: Demonstrate more than 3 years' experience relevant, or the equivalent in continuous study at doctoral level.

For IFC and MIGA placement: Demonstrate more than 4 years' experience relevant in finance, political risk insurance and credit enhancement, project/programme development, economic development and/or consultancy. Certifications such as the CFA are an advantage.

Additional Qualifications

To be competitive, candidates must additionally:

• Show a commitment and passion for international development
• Have excellent academic credentials
• Display excellent customer engagement and team leadership skills

The following attributes are an advantage:

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

Selection criteria: We are looking for candidates who demonstrate a passion for international development, postgraduate qualifications, relevant professional experience and the potential to grow into impactful leadership roles in our institutions.

Eligible countries: World Bank member countries

To be taken at: World Bank, IFC or MIGA

Number of awards: Not specified

Value and Duration of the Prize: YPs are offered a competitive salary and benefits package as part of a 5-year contract. Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits, depending on WBG guidelines.

Professional Experience

The WBG YPP is a two-year leadership development programme at the start of a five-year employment contract with the World Bank, IFC or MIGA. As part of the two-year curriculum, YPs undertake rotational assignments within their host organisation, another WBG institution and/or a field office, where they gain valuable hands-on experience in different areas of our business. WBG YPs make significant contributions to their host unit's work programme, while building networks and knowledge of our policies and operations - on the job and in the classroom.

Fieldwork

Young professionals are likely to join their colleagues on business trips to the field, also called "missions". These missions allow YPs to work on the front lines of global development, learning key aspects of our work while engaging directly with clients in developing countries. In addition, as part of the WBG YPP curriculum, YPs are encouraged to do rotations in the field.

Training

The WBG YPP curriculum is designed to ensure that YPs develop a WBG mindset, the fundamental knowledge to understand and contribute to our business and the competences needed for leadership development: collaboration, team building, integrative thinking, innovation and continuous learning.

The curriculum includes a mix of learning activities, in cohort, small group and individual settings, both online and face-to-face. Activities range from leadership training and career development workshops to networking, mentoring and conversations with WBG leadership.

How to apply: Applications for the inaugural WBG YPP cohort will open from 1st June to 30th June for all profiles and will reopen from 17 August to 21 September only for IFC and MIGA profiles.

Application checklist

To be considered for the WBG YPP, candidates must submit:

• CV
• Academic Transcripts*
• 2 Short Trials
• Short Summary of Thesis or Dissertation (World Bank applicants only)
• 3 Professional or Academic Recommendations**

*Transcripts must show an expected graduation date, if currently enrolled.

**Recommendations will be requested by e-mail during the eligibility screening phase.

Short Trials

Question 1 In 500 words or less, please tell us what inspires you to work at the World Bank Group and why you would be a good fit for the WBG YPP. You can incorporate your personal and professional experience (area of expertise, region or sector) into your answer.

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

See more information here:

https://www.worldbank.org/en/about/careers/programs-and-internships/young-professionals-program#3