Certifications such as the CFA are a plus. PROGRAM UPDATE: The World Bank and IFC have merged their respective Young Professionals Programs into one World Bank Group Young Professionals Program (WBG YPP). Please read our Terms and Conditions page for more information. Other benefits for World Bank Group staff members are: a private pension plan; 26 days annual leave; a health services department; a fitness center and child care, among others. YPs are placed into several priority areas of the WBG business. CERN Junior Fellowship Programme for Graduate Students, UNICEF Internship Programme For All Nationalities, Internship Program At FAO (The Food And Agriculture Organization), United Nations Volunteers Programme For All Nationalities, OIST Internship in Japan for All (Fully funded), World Youth Alliance Regional and Headquarter Internship Program, OECD Internship Programme for Students of All Nationalities, Yenching Academy of Peking University Scholarships, 2021, Concordia Presidential Scholarships to Study in Canada, 2021-2022, Government of Hungary Stipendium Hungaricum Scholarship, 2021-2022, Singapore International Graduate Award (SINGA) 2020-2021, McMaster University in Canada Entrance Awards, 2021-2022, University of Twente Kipaji Scholarship for Foreign Students, 2021-2022, International Peace Scholarship for Women to Study in Canada and USA, KAIST International Student Scholarship Study in South Korea, 2021/22, Demonstrate relevant professional experience or continued study at the doctoral level, The Banks 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, Display a commitment and passion for international development, Exhibit excellent client engagement, communication and team leadership skills, Demonstrate knowledge of relevant sector trends, Work experience in emerging markets or developing countries. For more details on the World Bank Group Young Professionals Program, please visit the official page. Global Rotations across WBG YPs participate in at least one rotation within their home institution, with some engaging in additional rotations to another institution, with the goal of developing and applying skills across the business. Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits depending on WBG guidelines. They often join field missions, where they work on the frontlines of WBG operations, learning key aspects of our work and directly engaging with our clients. You may incorporate your personal and professional experience (area of expertise, region or sector) in your answer. Some of these are listed below: Health, Life, Accident and Other Insurance Plans: The WBG offers the young professionals and their families three private medical and dental insurance alternatives. Networking Events In addition to the program orientation and graduation ceremonies, the WBG YPP office organizes regular events for YPs to stay in touch with program alumni, stakeholders and broader WBG staff. The WBG YPP hires on behalf of three World Bank Group institutions—each contributing to the development of our client countries with different products and solutions. Copyright © 2020 Greatyop - All rights reserved. The mobility premium is a financial compensation specifically for expatriate staff members to help them maintain cultural, professional and personal links with their countries of origin. For US nationals, the WBG makes an additional quarterly payment to cover “federal, state, and local income tax liabilities on their World Bank Group income”. The WBG will not pay for any customs charges, import or export fees which they may incur from the transportation of the YP’s belongings from their place of residence to Washington D.C. In addition, we have developed support and guidance services. (adsbygoogle=window.adsbygoogle||[]).push({}); Sorry, you have Javascript Disabled! For over 50 years, the Young Professionals Program (YPP) has attracted some of the brightest young minds to contribute to the World Bank Group's top priorities, from poverty eradication, social development and climate change to the current response to the COVID-19 crisis. In order to provide support to new staff members who change their place of residence, the WBG provides a number of relocation benefits, which include: relocation travel, relocation shipment, a relocation grant and a mobility premium. Applications must be completed in one 90-minute session (it is not possible to save and continue later) by 11:59 PM UTC (Coordinated Universal Time) on the last day of the application period. For more information, see FAQs and visit World Bank. Wenn Sie weiterhin diese Meldung erhalten, informieren Sie uns darüber bitte per E-Mail: *Recommendations will be requested via email during the eligibility screening stage. Scholarship, Internship, Training, Entrepreneurship. Application Deadline: June 30th 2020. All qualified individuals from diverse professional, academic, and cultural backgrounds, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation or disability are welcome to apply. Please wait while we verify that you're a real person. Where is the young professionals’ place of work? It is highlighted that these relocation benefits are only applicable to new staff members who are not resident in the metropolitan area of Washington-Baltimore at the time of appointment. 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 & private) to development challenges are so important. YPs are assigned in accordance with their academic and professional profile and the WBG’s needs at the time. PRODUCTS (Advice, Asset Management, Blended Finance, Equity, Loans, Structured Finance); SECTORS (Agribusiness & Forestry, Energy, Financial Institutions, Health & Education, Manufacturing, Mining, Telecom, Media & Technology, Tourism, Retail & Property, Transport, Urban Development & Municipal Infrastructure, Water & Wastewater); AREAS OF EXPERTISE (Climate Finance, Disruptive Technologies, Private Equity Funds, Public Private Partnerships, Treasury, Upstream Market Creation, Venture Capital). For IFC & MIGA placement: Complete a relevant graduate degree before September 2021. Interested applicants who would like to apply for the World Bank Group Young Professionals Program must click on the apply button below to create an account and submit their applications. Which World Bank units are young professionals assigned to? Three Institutions. Ihr Inhalt wird in Kürze angezeigt. However, net salaries can vary from US$82,000.00 to US$150,800.00, depending on the employee’s professional experience, academic qualifications, skills and technical knowledge. We are 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. For World Bank placement: Complete a relevant master’s degree by June 30, 2020 or PhD before September 2021. Chifundo Patience Chilera: Putting people at the center of development, Elwyn Davies: Being on the frontlines of change, Dalal Moosa: Creating change for future generations, Boban Varghese Paul: Creating impact around the world, Özgül Calicioglu: The power of equal opportunity, Mamoudou Nagnalen Barry: Improving lives around the world, Yanchao Li: Putting employees first at the World Bank Group, Yaa Oppong: Helping the Young Professionals of today become the leaders of tomorrow, AT THE WORLD BANK GROUP, DIVERSITY IS OUR STRENGTH. You may incorporate your personal and professional experience (area of expertise, region or sector) in your answer. For World Bank placement: Demonstrate 3+ years of relevant experience, or the equivalent in continued study at the doctoral level. We welcome all qualified individuals from diverse professional, academic, and cultural backgrounds to apply. The eBook is divided into 12 (twelve) chapters and one attachment, and contains more than 190 pages. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Apply: Borno State Government Job Bank Portal- Application Form. Applicants are encouraged to become familiar with the development operations of each institution via their websites. The young professionals will be assigned to work at the World Bank Group’s head office in Washington D.C. (USA). Additional activities may include: Applicants who are invited to interview will be provided with more detail as the process moves along. Israel Wellington Jeremiah is the CEO and publisher at Empowerment Opportunities. Young Professionals are recruited from around the world, with preference to nationals of WBG member countries and countries of operations. 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. Leadership Development Through the WBG YPP curriculum, YPs develop the foundational knowledge to contribute to our business and the competencies to lead. Relocation travel is the payment of a one-way ticket for a new YP and their dependents from the city in which they reside to Washington D.C. Candidates are assessed based on experience, technical expertise, and competencies such as client orientation, leadership and communication. Sub-Saharan African nationals, Caribbean nationals, women and persons with disabilities are especially encouraged to apply. Demonstrate relevant professional experience or continued study at the doctoral level**, 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, Display a commitment and passion for international development, Exhibit excellent client engagement, communication and team leadership skills, Demonstrate knowledge of relevant sector trends, 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, Environment, Natural Resources & Blue Economy, Environmental & Social Framework Support Unit, Infrastructure and Public Private Partnerships, Urban Development & Municipal Infrastructure, An assessment center, where you will be asked to review and discuss documents. By continuing to browse this site, you agree to our use of cookies. Structure Adjustment ; The structure adjustment aligns the salary scales with the The WBG YPP offers a competitive salary and benefits package as part of a 5-year term contract. Professional Experience YPs are full-time employees, making significant contributions to their respective unit’s work program, while building networks and knowledge across the Bank Group through the YPP. Please enter your email to receive notifications of latest opportunities. Empowerment opportunities is an online information portal that connects Africans, Asians, Americans,Australians and Oceania ,Caribbeans and the rest of the world to trending youth opportunities. For IFC & MIGA placement: Demonstrate 4+ years of relevant experience in finance, political risk insurance and credit enhancement, project/program development, economic development and/or consulting. Please share this opportunity with friends and relatives on : Your email address will not be published. World Bank and IFC will merge their respective Young Professionals Programs into one World Bank Group Young Professionals Program (WBG YPP).. The WBG YPP offers a competitive salary and benefits package as part of a 5-year term contract. Before you leave, we’d love to get your feedback on your experience while you were here. The WBG YPP offers a competitive salary and benefits package as part of a 5-year term contract. Fields of study should be related to a World Bank Business Area. To be eligible for the WBG YPP, candidates must demonstrate experience in at least one of the topics listed below. Resume/CV Academic Credentials*2 Short Essays Short Summary of Thesis or Dissertation (World Bank candidates only)3 Professional or Academic Recommendations**. Note: The WBG YPP will be expanding on the typical YP recruitment profiles of the IFC and World Bank. This benefit is not awarded to US citizens or permanent residents of the country. This article is only a small sample of the extensive content present in our excellent ebook. Votre contenu Applications are open for the World Bank Young Professionals Program (WBG YPP) 2021 for Roles at IFC and MIGA. Young Professionals are recruited from around the world with various academic and professional backgrounds relevant to the World Bank, IFC and MIGA. The WBG YPP conducts a disability-inclusive recruitment process. Young professionals (YPs) enter the World Bank Group in the “Professional and Technical” stream, at grade level GF (the sixth highest level), indicating their importance to the organization. The WBG YPP offers a competitive salary and benefits package as part of a 5-year term contract. 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. Global Practice Units: Agriculture; Water; the Environment and Natural Resources; Social, Urban, Rural, and Resilience; Energy; Transport; Macroeconomics, Trade and Investment; Finance, Competitiveness & Innovation; Governance; Digital Development; Education; Social Protection; Poverty; Jobs and Development; Health, Nutrition, and Population. Fields of study should be related to a World Bank Business Area. This benefit is, World Bank Jobs and Careers: Products & Services, Asian Infrastructure Investment Bank YPP: Overview, World Bank Group YPP – Products & Services. In addition to their salary, the World Bank Group (WBG) offers the young professionals (YPs) a range of benefits. The organization also offers cover for disability and compensation to staff members at no additional cost. *Diploma, Degree Completion Letter, Proof of Enrollment w/ Expected Graduation Date or Transcript. The answer to your question might be on the page. The young professional will originally be based in Washington D.C learning about WBG and IFC’s approach to combining financial analysis with financial sustainability. IFC is one of the most reliable organizations and could say they provide one of the best YPP compare with UN YPP and World Bank YPP. They often join field missions, where they work on the frontlines of WBG operations, learning key aspects of our work and directly engaging with our clients. Read our privacy policy, OpenIGO | International Careers Development Network. Our comprehensive eBook will introduce you to the complex world of the World Bank Group and its approach towards international development; it will teach you how to prepare each of the documents required in detail, and will also get you ready for the interview and assessment center. Please contact the YPP office at youngprofessionals@worldbankgroup.org to request materials or additional information. The WBG YPP Office: WBG YPP staff are dedicated to recruiting and integrating Young Professionals into the World Bank Group. 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. ELIGIBLLITY. Building on the rich legacy of its predecessor programs, the WBG YPP will recruit and develop future leaders to collaborate effectively across our institutions on joint WBG solutions to development challenges. The team coordinates learning activities, meetings and events designed to support YPs, such as mentorship assignments, networking events … Si vous continuez à voir ce message, veuillez envoyer un om ons te laten weten dat uw probleem zich nog steeds voordoet. The MIGA Young Professionals Program attracts new and diverse talent to the Agency to work in entry-level professional positions. This process is automatic. Furthermore, successful candidates will benefit from: To apply for the WBG Young Professionals Program, candidates must: To be competitive, applicants should additionally: To be eligible for the WBG YPP, candidates must demonstrate experience in at least one of the topics listed below. Each of these programs has eligibility requirements and specific interest rates but they all offer special conditions. Your email address will not be published. Management Supported Rotations & Job Placements YPs are provided management-level support in their transitions to rotations and post-YPP job placements, ensuring their skills are best placed across the business. Please note: the review process for World Bank and MIGA candidates is delayed, with the onboarding of all successful candidates still scheduled for September 2021. . Global data and statistics, research and publications, and topics in poverty and development. Its annual value is calculated according to the sum of the staff member and their dependents individual percentages (staff member 11%; spouse/domestic partner 5%; each dependent child 4%) multiplied by the mid-point of grade GG. IFC applies its financial resources, technical expertise, global experience, and innovative thinking to help clients and partners to overcome financial, operational, and other challenges. The World Bank Group is closely monitoring COVID-19 developments. In the young professionals’ case, a term appointment is offered with the following characteristics: The Bank has 10 grade levels in its hierarchical structure, ranging from GA (the lowest) to GK (the highest). Please follow us on Facebook, Twitter and Pinterest. All information on the YPP selection process is described on this website and is free to all prospective applicants. To be competitive, applicants should additionally: YPs are placed into several priority areas of the WBG business. The new program is now accepting applications on behalf of three institutions (the World Bank, IFC and MIGA). In pursuit of its mission, the OpenIGO network has prepared a comprehensive eBook and support and guidance services with the aim of highly increasing your chances of success in this competitive process. Activities range from leadership and professional development workshops to networking, mentorship and conversations with WBG leadership. Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits depending on WBG guidelines. Program information, including informational videos, presentations and brochures are available in accessible formats, while disability accommodations are made available throughout the application and onboarding process. The team coordinates learning activities, meetings and events designed to support YPs, such as mentorship assignments, networking events … The UN System does not charge a fee for applications, interviews, the processing of applications, or any recruitment related processes. Full proficiency in one of the following official WBG languages: Arabic, Chinese, Short Summary of Thesis or Dissertation (World Bank candidates only). Management Supported Rotations & Job Placements YPs are provided management-level support in their transitions to rotations and post-YPP job placements, ensuring their skills are best placed across the business. Furthermore, successful candidates will benefit from: For complete and updated information, please refer to the opportunity provider’s official website. For more information on these business areas, please review the following websites: World Bank, IFC or MIGA. Five-year duration with WB, IFC or MIGA, with the first two on the curriculum development program; Potentially, this can be converted into an open-ended appointment, if the YP’s performance is entirely satisfactory for the organization and the Bank’s needs. The YPP is a unique opportunity for … They will also enjoy a variety of benefits and opportunities. Coaching & Mentoring YPs are assigned several mentors at the peer and departmental level. The typical The World Bank Young Professional salary is $119,131. World Bank Group Young Professionals Program Benefits. Training on WBG Policies, Products & Operations YPs engage in intensive training on the policies, products and operations of the World Bank, IFC and MIGA. The new program will be accepting applications on behalf of the three institutions: the World Bank, IFC and MIGA. Eligbility. Uw bijdrage zal spoedig te zien zijn. Professional Experience: 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. Save my name and email in this browser for the next time I comment. Since July 2014, the Bank has had a new organizational model which is structured as follows: 6 (six) regional units focusing on clients, with offices in the majority of the borrowing countries; 15 (fifteen) global practice units and 5 (five) global themes units. Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits depending on WBG guidelines. Pour lire le contenu en Français, veuillez cliquer sur le drapeau →. Hit the Subscribe button below to receive notifications of latest opportunities. The new program is now accepting applications on behalf of three institutions (the World Bank, IFC and MIGA). To ensure the safety of our current and prospective staff, the 2020 YPP interviews will be conducted virtually. For More Information: Visit the Official Webpage of the World Bank Group’s Young Professionals Program (YPP) 2020. Having a mock interview with a professional who has extensive experience and knowledge of the World Bank Group YPP interview model will help you be better prepared for this phase, greatly increasing your chances of being selected for the desired vacancy. Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits depending on WBG guidelines. Bitte warten Sie, während wir **Recommendations will be requested via email during the eligibility screening stage. *Diploma, Degree Completion Letter, Proof of Enrollment w/ Expected Graduation Date or Transcript. Training on WBG Policies, Products & Operations YPs engage in intensive training on the policies, products and operations of the World Bank, IFC and MIGA. Young Professional salaries at The World Bank can range from $55,832 - $154,964. For World Bank placement: Demonstrate 3+ years of relevant experience, or the equivalent in continued study at the doctoral level. Internet-Netzwerk angemeldet ist, festgestellt. Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits depending on WBG guidelines. The new program is now accepting applications on behalf of three institutions (the World Bank, IFC and MIGA). The WBG YPP is a starting point for an exciting career at the World Bank Group. 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