Location:

Washington DC, United States
Salary:

negotiable / YEAR
Job type:

FULL_TIME
Posted:

2 months ago
Category:

Budget and Accounting, Finance
Deadline:

09/08/2024

JOB DESCRIPTION

JOB SUMMARY:

Description

Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, please visit www.worldbank.org.

Junior Professional Associates – Program Description

The Junior Professionals Associate Program (JPA) offers an exceptional opportunity for recent graduates to embark on a professional journey, providing a three-year contract with valuable work experience within a diverse and dynamic environment and the potential of field work experience. The program is an excellent platform to sharpen your existing skills and to develop new ones, all while gaining a profound understanding of the challenges associated with reducing poverty and fostering shared prosperity on a livable planet.

We will provide you with the opportunity to gain entry-level professional experience in a premier development institution, on an Extended Term Consultant (ETC) contract with benefits. For more information, please visit www.worldbank.org/careers/jpa

The following are minimum requirements to be eligible for the JPA program:

Be 32 years of age or younger
Hold a bachelor’s degree
Be fluent in English

The JPA program at the World Bank is a highly competitive initiative. Candidates who are being actively considered for positions may be required to present academic transcripts and professional references. The World Bank’s Human Resources team and hiring team will reach out exclusively to individuals selected for assessment and interviews.

Positions may be in any of the World Bank’s offices worldwide.

Specific Unit Description – MIGA Finance and Risk Department (MIGFR)

The Multilateral Investment Guarantee Agency (MIGA or the Agency) is a member of the World Bank Group, and our mission is to promote foreign direct investment into developing countries to help end extreme poverty and boost share prosperity. We do that through the provision of political risk insurance and credit enhancement to investors and lenders against losses caused by noncommercial risks. For more information, visit www.miga.org.

The MIGA Finance and Risk Department (MIGFR) oversees MIGA’s financial integrity, income sustainability, and balance sheet strength and is responsible for overseeing the agency’s accounting and related financial control functions; overseeing the integrated risk management program including its strategy, monitoring, and reporting; providing reinsurance for underwriting activity, analytical support for portfolio risk management and pricing, managing relationships with counterparties and brokers and monitoring their status; overseeing the management of resources available to MIGA; overseeing all information technology (IT) initiatives in MIGA.

Duties and Responsibilities

The selected candidate will focus on supporting a wide range of work programs across the MIGFR teams including the Director to prioritize and implement various initiatives.

Support the development of MIGFR’s implementation plans for key initiatives.
Contribute to data analysis to help generate ideas for MIGFR’s new projects and processes.
Produce regular reports on the assigned project including monitoring progress against pre-determined milestones.
Participate in preparing presentations and materials for various internal committees of MIGA/MIGFR.
Support the coordination of different MIGFR teams’ operations and activities.

Selection Criteria

Bachelor’s degree in Economics, Finance, Business Administration, Data Science or related discipline.
Experience in financial controls, accounting, financial risk management, investments, and/or relevant field would be preferred.
Good understanding of the MIGA’s business is a plus.
Technology savvy professional, with a passion for global development.
Demonstrated ability to deliver high quality outputs while working under pressure and within tight time schedules.
Strong organizational, research, and oral presentation skills.
Proven ability to work in a team and intercultural environment, with minimal supervision.
Strong knowledge of Microsoft Office Suite, particularly Excel and PowerPoint.

Diversity and Inclusion

The World Bank continually searches for qualified individuals with a diverse set of backgrounds from around the globe. We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, color, ethnicity, sexual orientation, or disability. Individuals with different abilities may be provided reasonable accommodations to perform essential functions and support in receiving other workplace accommodations.

Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.

ABSTRACT:

World Bank Junior Professional Associate United States World Bank Jobs 2024

World Bank looking for “Junior Professional Associate”. Applicants with an Advanced degree may apply on or before 09-Aug-24.

The World Bank has published a job vacancy announcement on 18/07/2024 for qualified applicants to fill in the vacant post of Junior Professional Associate to be based in Washington DC , United States. For more jobs, please visit https://unjoblink.org

Company Name: World Bank

Job Title: Junior Professional Associate

Duty Station: Washington DC , United States

Country: United States

Application Deadline: 09-Aug-24

This job has expired.