working for multilateral development banks geneva, 23 february 2012
TRANSCRIPT
Working for Multilateral Development Banks
Geneva, 23 February 2012
What are Multilateral Development Banks?
= institution that provides financing and professional advising for the purpose of development (World Bank, African Development Bank, Asian Development Bank etc)
In this presentation we focus on…▫ World Bank (WB)▫ Inter-American Development Bank (IDB)
Structure of presentation
Some background information on WB and IDB Staff worldwide Employment conditions Profiles and skills Opportunities for young professionals and graduates Consultancies Further reading
The World Bank I
Created at Bretton Woods
Conference 1944 Goal: reduction of poverty Provides loans to developing
countries for capital programs Close to universal membership Headquarters in Washington
World Bank operating regions
The World Bank Group Structure
The Inter-American Development Bank I
Headquarters in Washington Established in 1959 Goal: Support Latin American and Carribean countries
to reduce poverty and inequality
The Inter-American Development Bank II
Staff worldwide
Employment conditions
Staff and consultants
Competitive salary and benefits
Career management framework
Needed profiles and skills I
Basic requirements: Master’s degree, relevant work experience, nationality from member country
Other skills Language skills Field experience
Soft skills Team-working skills, communication skills etc. Analytical skills
Needed profiles and skills II
Not only economists and finance specialists! WB is…
▫ World’s largest founder of education▫ Funds biodiversity projects▫ Fights corruption
This means…▫ Social development specialists▫ Renewable energy specialists▫ Water and sanitation specialists
Upcoming… Focus on fragile states and rural developments▫ Disaster management experts▫ Food and nutrition experts▫ Ability and motivation to work in the field is a plus
Career opportunities for young professionals/graduates at IDB
YPP: Now taking applications until March 1, 2012!!
Career opportunities for young professionals/graduates at WB
How to get a consultancy?
About half of all positions are consultancies▫ Not all are made public!
WB long-term consultancies: https://wbgeconsult2.worldbank.org/wbgec/index.html
Networking! (e.g. during an internship) Social media (e.g. LinkedIn)
Further reading
www.worldbank.org/careers www.iadb.org/careers https://wbgeconsult2.worldbank.org/wbgec/index.html Cinfo publication: Working with International
Development Banks Social media: Facebook, LinkedIn, Twitter
especially for consultancies cinfoPoste
Career steps
Junior programme
Internship Nr. 1
Internship Nr. 2
Consultancy
Voluntary work
Graduation
Position
WB Internship
Junior Professional Associates
(WB)
IDB internship program
Assignment: How do you show that…
You’re not afraid of technology and use it to maximise your work
Your analytical and research skills extend to areas of…
Your academic achievements are superior and place you in the top ten per cent of your graduating class