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Job Description

Description

Young Professionals (YPs)

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 one or more of the
following areas: Environment and Natural Resources; Economic
Development; Social Development; Project Finance; Infrastructure; and
Private Sector.

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 June 15, 2014.

Selection Process

June 15/ June 30: The Human Resources Department (HRD) reviews
applications, ensuring that all eligibility requirements are met.
July 1/July 14: The strongest candidates with experience in the Bank's
priority areas/sectors are contacted for online assessments.
July 14/ September 14: Top 200 candidates are reviewed by
interdepartmental panels, telephone interviews are conducted.
October (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
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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 2015: YP On-Boarding

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 time position 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.
Qualifications

Requirements for the Young Professionals Program:

All applicants must meet the following requirements:
Be a citizen of one of the Bank's member countries;
Be 32 years of age or younger as of January 1st of the
application year;
Be fluent in English and Spanish, with a working knowledge of a
third official Bank language (French or Portuguese);
Have obtained a Master's, Licenciatura or equivalent degree
from an accredited university at the time of submitting your
Job Description - Young Professionals (YP's) (1400001939) https://iadbcareers.taleo.net/careersection/external/jobdetail.ftl
2 de 3 10/06/2014 16:20
application (your degree must have been already awarded);
Have one or more years of professional experience in
business related to the Bank; and
Be exempt from any military obligation for the duration of the
program.
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 35 years of age or younger as of January 1st of the
application year;
Be fluent in one of the working languages of the Bank
(English, Spanish, French or Portuguese) and working knowledge
of a second official language of the Bank is desired;
Be sure to read the eligibility requirements before you apply to the
Program

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.
Primary Location: HQ-US-Washington DC
Other Locations: Country Office
Closing Date: Ongoing

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