Young Professionals Program.(YPP)
We are looking for exceptionally qualified and motivated Young Professionals eager to start a career at the Inter-American Development Bank.
The IDB seeks candidates with experience in areas which will support our institutional priorities:
- Reducing poverty and social inequalities;
- Addressing the needs of small and vulnerable countries;
- Fostering development through the private sector;
- Addressing climate change, renewable energy and environmental sustainability;
- and Promoting regional cooperation and integration.
Participants selected for the Program are offered a 24-month contract with the Bank and are treated as full-fledged staff members who at any time may be invited to fill a regular staff position. Young Professionals also may be assigned to a Country Office as part of the Program. It should be understood that the IDB reserves the right to terminate any participant's contract at any point during the program's duration in accordance with the terms and conditions of Staff Regulations of the Bank. In addition, if not selected for a regular staff position at the end of two years, the YPP contract will be terminated.
The IDB is committed to promoting diversity and views greater representation of diverse groups at the Bank, including people of African descent and Indigenous Peoples, as integral to its activities with governments and civil society. Therefore, Afro-descendants and Indigenous Peoples are encouraged to apply using the Diversity Young Professional application (DYP)
All interested candidates must fully complete the application process by July 31, 2015 in response to the applicable program on http://www.iadb.org/en/careers/career-opportunities,1821.html
Selection Process
August 1/ August 15: The Human Resources Department (HRD) reviews applications, ensuring that all eligibility requirements are met.
August 16/September 1: The strongest candidates with experience in the Bank's priority areas/sectors are contacted for online assessments.
September/ September 14: Top 200 candidates are reviewed by interdepartmental panels, telephone interviews are conducted.
October/November (date TBD):Interviews in Washington DC for the top 24 candidates
The goal of the interview is to identify the following characteristics:
- Flexibility and capacity to work in different areas of the organization;
- Strong analytical skills as evidenced by academic success and other personal achievements;
- Interpersonal, team and communication skills in a multicultural setting; and,
- A desire and readiness to serve in field assignments (in IDB country offices in Latin America and the Caribbean).
The final selection of candidates is made by a senior level selection panel. The number of selected candidates for a given year is determined upon budgetary allocations; usually between ten and fourteen Young Professionals enter the Bank with each cohort.
January 16 2016: YP On-Boarding starts
Condition of Employment
The Bank pays transportation costs for finalist candidates traveling from outside the Washington, DC metropolitan area for interviews as well as for employment.
If assigned to Washington DC, the Bank will request a G (IV) visa from the United States Consulate in the candidate's country of origin for non U.S citizen or permanent resident candidates selected to participate in the program and their eligible dependents. Individuals holding J-1 or H-1 visas will be requested to obtain authorization from sponsors.
If a finalist candidate is unable to obtain the visa or release from sponsor to work at the IDB, the offer of employment will be rescinded.
The Bank will offer a 2 years fixed term staff contract with benefits (including relocation if applicable).
Placement
The 24 months of the YPP comprise 2 departmental rotations, unless the YP is invited to fill a regular full timeposition during the first year. The first rotation is decided by the Bank and is based on departmental needs and the candidate's skills. The YP's second rotation, during the second year, results from a mutual agreement on the YP's desires for placement and the needs of the receiving department. Young Professionals also may be assigned to a Country Office as part of the Program. YPs are expected to assume the functions, responsibilities and workload assigned to them by their designated supervisors.
Training and Mentoring
Young Professionals are eligible for Bank training activities including Bank orientation sessions and language and technical training. In addition, to facilitate their transition to the IDB, Young Professionals are assigned a mentor (a senior Bank staff member) to help maximize the participant's experience and contribution to the IDB.
Requirements for the Young Professionals Program:
All applicants must meet the following requirements:
Eligible[1] applicants who wish to declare themselves as Afro-descendant or Indigenous must meet all of the criteria above with the following allowances:
Be sure to read the eligibility requirements before you apply to the Programme
Thank you for your interest in the Young Professionals Program!
The IDB is committed to gender equality and encourages women to apply.
We seek diversity also in terms of nationality, ethnicity, race and educational background.
Persons living with disability or HIV/AIDS are equally encouraged to apply.
[1] African/Afro-descendents: persons of Sub-Saharan African descent, origin or ancestry (i.e., black, Afro-Latino, African-American, Afro-Caribbean, etc.). Indigenous peoples: members of communities recognized as Indigenous in IDB member countries.
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