World Bank
IFC Global Internship Program (23) - Blended Finance Internship
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Job Description
- Req#: req26037
IFC Global Internship Program (23) - Blended Finance Internship
Job #: req26037 Organization: IFC Sector: Other Grade: UC Term Duration: 0 years 2 months Recruitment Type: Local Recruitment Location: Washington, DC,United States; Singapore, Singapore Required Language(s): English Preferred Language(s): Closing Date: 2/25/2024 (MM/DD/YYYY) at 11:59pm UTC Description
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org .
IFC’s Blended Finance Department is seeking two interns as part of our Global Internship Program (GIP). The Global Internship Program (GIP) offers highly motivated individuals an opportunity to be exposed to the mission and work of IFC and the broader World Bank Group and become part of the largest private sector development institution in the world. The program encourages individuals to bring new perspectives and innovative ideas to IFC’s work, while improving skills in a diverse and highly stimulating environment. Moreover, the Global Internship Program provides a unique opportunity to exchange ideas and network with international professionals dedicated to ending extreme poverty and boosting prosperity in the developing world.
Duties and Accountabilities:• Financial analysis and modeling
• Portfolio management
• Market research
• Structuring investments in blended finance, negotiations, assisting fundraisingSelection Criteria
• Candidates must be currently enrolled in a Master’s degree level program.
• Preferred field of study: Masters in Business Administration(MBA);Finance; Economics;
• 2-3 years of previous work experience
• Fluency in English
Please refrain from submitting more than three applications to our internship program otherwise your candidacy may be disqualified and rescinded.We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender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, ethnicity, sexual orientation, or disability.
About the company
The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
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