Deadline: October 15, 2023
Are you the equivalent of a rising senior in college working towards a career on the trading floor of a major bank, investment or private equity firm or one of the departments supporting that function? Get a strong boost down that path with the World Bank Treasury Summer Internship 2024.
The Treasury Summer Internship Program is a junior professional training program designed to develop the skills necessary to have an exciting and rewarding career in the financial industry. The Program aims to bring exceptional college students with a demonstrated interest in a financial career to support the World Bank’s development mandate. The internship lays the foundation to become a Junior Analyst, a two-year position on one Treasury team, immediately after the intern graduates from their degree program. Interns are expected to be in their second to final year in the equivalent of a four-year college degree program.
Treasury Summer Interns will work full-time for ten weeks from May 28 through August 5, 2024, in Washington, DC. Interns receive a custom onboarding program in the first week before beginning three three-week rotations across Treasury teams. Throughout the summer, interns participate in weekly discussions with the program director and attend a career perspectives speaker series to hear from various Treasury officers, managers, and directors. Interns have access to the nearly 300-employee Treasury, including meetings with the Vice President & Treasurer. Interns complete each rotation with a presentation to their respective team and complete the internship by presenting their work in a capstone project to the management team.
The program will hire up to 16 interns across Treasury’s 16 teams this summer, and each intern will have a different rotation schedule to create a different experience. Treasury has four departments and a compliance & controls team. It is highly encouraged for applicants to read more about the organization and each team. Each team has an intern mentor and coordinator to supervise and support their work.
- Interns join on a short-term temporary contract and are paid between $20.40 (net – for non-US Citizens) and $24.60 (gross – for US Citizens) per hour for a total of 400 hours. All interns are expected to be in person, full-time, in Washington, DC, for the entire internship (May 28 – August 5). HR policies may change, but interns are expected to work at least four days in the office per week.
- Each intern will receive a World Bank laptop at the start of the internship. If required, the World Bank sponsors the appropriate visa for an incoming intern to work in the United States.
- Must be enrolled in the second-to-last year of the equivalent of a four-year college degree program with a demonstrated interest in finance, business, economics, or a related field;
- Must be prepared to graduate with a college degree between January and September 2025;
- Must be in good academic standing at their college or university;
- Must be available full-time through the duration of the internship;
- Must not have a concurrent employment contract or internship.
Any candidate who is found to have misrepresented their application may be disqualified or terminated.
Other requirements include:
- Demonstrated paid work experience, previous internship, or leadership in a financial organization or club is strongly encouraged;
- Excellent communication and presentation skills, both verbal and written;
- Strong interpersonal skills and ability to collaborate and develop productive relationships to achieve the team’s objectives;
- Proactive, resourceful, and flexible to work on a range of assignments and adapt to rapidly changing business requirements and priorities;
- Experienced with programming languages, such as Python, or specialized software for managing and visualizing economic and financial data;
- Strong research, analytical, and quantitative skills in data management;
- Demonstrated ability to research, extract, and process financial and economic data from various source systems and repositories, especially Bloomberg, World Bank Group or International Monetary Fund databases, and online sources;
- Highest ethical standards;
- Fluency in a second language is a plus.
All complete applications submitted on time through the application portal will be reviewed by a committee. Successful applicants will be asked to complete a remote test. A select few will be invited to interview with the committee. All applicants will be notified of the result by December.
A completed application includes a one-page PDF cover letter and one-page PDF resume. An application without both a cover letter and resume will not be accepted.
For more information, visit Treasury Summer Internship.