Please note: the 2021 Summer Internship program anticipates hiring up to 10 positions beginning on June 1, 2021, for ten weeks full-time. Applicants must be a junior in good academic standing in a four-year degree program with a graduation date in 2022 to apply. All other applicants will not be considered.
Work with Us
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, visit www.worldbank.org.
The World Bank Treasury
Are you inspired by a global mission to end poverty? Do you want to build a career in finance with a global impact? The World Bank Treasury is one of the few places where you can be on the leading edge of finance as it sits at the only nexus of finance, innovation, and international development. We manage the institution’s finances to enable all World Bank operations and lending. Each year, we issue over $50 billion in bonds, prudently manage over $180 billion in assets, and process over $7 trillion in transactions. Treasury has three departments and a compliance & controls team. You can learn more at https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do.
With us, you won’t just work in financial markets: you’ll help create new ones. The Finance Intern program is a professional training program to develop analytical, quantitative and interpersonal skills necessary to have an exciting and rewarding career in finance. The Finance Internship aims to bring exceptional college juniors, who possess a demonstrated interest in a future financial career, to support the World Bank’s development mandate. Learn more here: https://treasury.worldbank.org/en/about/unit/treasury/about/student-and-graduate-careers.
Summer Internship for Ten Weeks (June 1 – August 6, 2021)
The summer intern cohort will work full-time for ten weeks from June 1 through August 6, 2021. Finance Interns receive a custom training program in the first week before beginning a three-part three-week rotation across Treasury departments. Finance Interns are expected to be a junior/rising senior in a four-year college degree program. The internship lays the foundation for becoming a Junior Analyst upon graduation.
Poverty has no borders, and neither does excellence.
With employees based in Washington, Chennai, and Tokyo, the World Bank Treasury represents over 50 nationalities, and our leadership team hails from all regions of the world. We are proud to be an equal opportunity and inclusive employer. We have a dedicated and committed workforce and do not discriminate based on gender, race, ethnicity, religion, disability, sexual orientation, or gender identity: https://www.youtube.com/watch?v=JrgSmNBO_LY.
Duties and Accountabilities
This position will have responsibilities for specific individual tasks/projects in one of Treasury’s departments, and, depending on interest and skills, will perform some or all the following:
- Funding: Develop structuring, cash flow financial models, primarily for bond transactions.
- Financial Infrastructure & Operations: Shadow full-time employees as they communicate complex ideas and solutions with potential and existing clients.
- Investment Advisory & Asset Management: Develop securities analysis and understand asset management best practices through RAMP, Reserve Advisory & Management Partnership (AUM $27 billion).
- Sustainable Finance & Client Solutions: Draft presentation materials, memos, and responses to serve existing clients and investors and to generate new business.
- Structured Finance & Quantitative Modeling: Apply statistical analysis, mathematics and computational finance to support our trading and structured finance, market-making operations, and asset management teams.
Learn more about our young professional programs: https://www.youtube.com/watch?v=RdLvR0mfMPk.