Young Professionals Program (YPP) With World Bank Group, 2020

The World Bank Group (WBG) welcomes all qualified individuals with diverse professional, academic, and cultural backgrounds. Specifically, women and persons with disabilities are strongly encouraged to apply.

The YPP is a unique opportunity for young professionals who have both a passion for international development and the leadership potential to grow in fascinating top technical and managerial roles in the WBG. The program is designed for highly qualified and motivated individuals skilled in areas relevant to WBG technical/operations such as economics, finance, education, public health, social sciences, engineering, urban planning, agriculture, natural resources to name a few.

To be competitive, candidates need to demonstrate a commitment to development, proven academic success, professional achievement, and leadership capability.

Over the years, the YPP has hired over 1,800 people for positions ranging from entry-level to vice presidents and managing directors.

Every year, around45 to 50 applicantsare accepted into the program.Young Professionals are offered a five-year renewable term contract, spend 24 months in a structured development program, and enjoy a variety of benefits and opportunities.

Eligibility

Minimum Requirements

The following are the minimum requirements to be eligible for the Young Professionals Program.

Citizenship of a member country of the World Bank Group

Be born on or after October 1, 1987

A PhD or Masters degree and relevant work experience

Fluency in English

Full proficiency in one or more of the WBGs working languages Arabic, Chinese, French, Portuguese, Russian, and Spanish is desired, but not required

Specialization in a field relevant to the WBG Technical/Operations such as economics, finance, education, public health, social sciences, engineering, urban planning, agriculture, natural resources, and others

At least three years of relevant professional experience related to development or continued academic study at the doctoral level

Additional Qualifications

To be competitive for the limited number of positions, a combination of the following credentials is highly desirable:

Display a commitment and passion for international development

Possess outstanding academic credentials

Exhibit excellent client engagement and team leadership skills

Have international development country experience

Program Features

Professional Experience

Young Professionals are expected to make significant contributions toward their units work program while they gain a broad overview of the WBGs policies and work. As part of their two-year program and in line with their units business needs and Young Professionals interests, they will undertake a business driven rotational stretch/exposure assignment where they will gain valuable on-the-job experience.

Field Work

Young Professionals in the Operations stream are likely to join colleagues on field business trips, also called missions, in developing countries. These missions allow Young Professionals to experience firsthand the challenges of global development, understand key aspects of our work, and meet WBGs clients.

Training

A comprehensive development curriculum has been designed to ensure that YPs develop a WBG mindset, gain the foundational learning needed to understand and contribute to the WBG, and build the competencies required for an entry-level position: collaboration, leadership, integrative thinking, and innovation skills, while strengthening a culture of continuous learning.

The curriculum includes a blend of learning activities in a WBG cohort, small groups or individually. These activities range from onboarding activities, e-learning, cohort discussions with WBG leaders and leadership training, to career development conversations and networking opportunities.

Coaching and Mentoring

YP Buddy:Before they join, Young Professionals are assigned a YP buddy from the previous years group, based on their professional interests and cultural background. YP buddies help new recruits to better settle in the new organization and location, as well as to understand the expectations and challenges of the program.



Technical Buddy:
In their hiring units, an experienced colleague is assigned as a go-to person to answer technical questions in their fields.



WBG Mentor:
Once they have settled into their jobs, Young Professionals can be paired with a technical senior colleague who can mentor them on topics such as career options, stretch/exposure assignment opportunities, and help them gain insight into the organizational culture.



Youth Program Team:
The Youth Program Team is dedicated to recruiting and helping integrate Young Professionals into the WBG. The team coordinates activities designed to support YPs, including mentoring and guidance, helps develop career strategies, and others. The Youth Program Team is a one-stop shop for Young Professionals looking for support and guidance.

Compensation and Benefits

Salary:As an entry-level professional in the WBG, Young Professionals are offered an internationally competitive salary, based on their education and professional experience.

Health, Life, Accident, and Other Insurance Programs:Young Professionals and their families (including declared domestic partners) may choose from three comprehensive medical/dental benefit plans. The WBG also provides basic life and accident insurance to all staff at no cost, and staff can elect optional life and accident insurance plans. The WBG provides disability and workers compensation coverage to staff at no cost.



Pension Plan:
The WBG sponsors a comprehensive pension plan for eligible staff. Upon separation from the WBG, either a lump sum or a pension will become payable to the staff based on eligibility.



Relocation and Transportation Benefits

These benefits are only applicable to staff who are not residents of the greater Washington-Baltimore metropolitan area at the time of appointment. The World Bank will bear the cost of one-way transportation of staff and immediate dependent family from the staff members residence.

A one-time grant is included in the first paycheck to cover the cost of relocation.

Please note:

1. Staff Members who are not citizens (or in the U.S. lawful permanent residents) and have resided in the Host Duty Station area for 12 months or more immediately preceding acceptance of (a) appointment; (b) reappointment following a break in serviceare ineligible for Relocation and Transportation Benefits.

2. Staff Members who are citizens (or in the U.S., lawful permanent residents) of the Host Duty Station country and have resided in the Host Duty Station country for 12 months or more immediately preceding acceptance of (a) appointment; (b) reappointment following a break in service;are ineligible for Relocation and Transportation Benefits.

Mobility Premium:A financial benefit is provided for a fixed period to cover expenses associated with being an expatriate staff member, based on family size and nationality. This benefit is not available for U.S. citizens and U.S. permanent residents.

Tax Allowance:U.S. staff receive an additional quarterly payment to cover the federal, state, and local income tax liabilities on their World Bank Group income. Expatriates and U.S. permanent residents do not incur U.S. income tax liability and are thus not eligible for this benefit.

Financial Assistance:The World Bank Group offers several financial assistance programs, including a two-year interest-free settling-in loan to those who relocate upon appointment.

Selection Cycle

Timeline

June: Application period

JuneJuly:

  • Review of applications to ensure that candidates meet the eligibility criteria.
  • Update of status to all candidates (candidates moving to the second round and those who are not moving forward)

August September:Technical review of second round candidates, which takes a closer look into the application packages and determines which candidates will be selected for interviews

September-October:Status update to candidates (those invited to interviews and those who are not moving forward). Interviews are scheduled at WBG headquarters in Washington, D.C., USA and our offices in Paris, France and Dakar, Senegal

October DecemberYPP interviews

January:Decisions and offers are communicated



September:New YP cohort starts

YPP Interviews

Evaluation Criteria

We assess candidates based on three main competencies:

Client Orientation

Commitment to Clients
Results Orientation
Integrity and Ethics

Professional Expertise

Technical Expertise
Strategic Perspective
Problem Analysis

Team Leadership

Teamwork
Listening and Communication
Innovation
Negotiation

Furthermore, we ensure that candidates are able to work in multiple sectors.

Format of the Interview Day

The interview is a full-day event. Those invited to interviews will be asked to come to the WBG from 8 am-5:30 pm.

The interview consists of:

(1) Interview: a 1-hour interview with a panel of three senior technical experts in the field of expertise of the candidate; and

(2) Assessment Center: either a morning or an afternoon 4-hour group assessment center (AC). The group assessment center is done with five other candidates. It consists of a series of individual and group exercises related to an international development case study that is given to the candidates at the start of the AC

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