Applications for the World Bank Treasury Summer Internship 2025 are now open fully funded to Washington D.C!

Ednah Carrick August 30, 2024

0 421 4 minutes read

Closing Date: 13 October 2024

Applications for the World Bank Treasury Summer Internship 2025 are now open fully funded to Washington D.C!

The World Bank Treasury is one of the few places where you work at the nexus of finance, innovation & international development. The Summer Internship is the only program in the World Bank dedicated to college students.

Overview

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 substantial boost down that path with a World Bank Treasury Summer Internship.

With World Bank , you will not just work in financial markets; you will help create new ones. The World Bank Treasury Summer Internship Program is a junior professional training program designed to develop the skills necessary for an exciting and rewarding career in the financial industry. The junior professional training 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. Summer interns sit at the nexus of finance, development and impact.

The Internship

Treasury Summer Interns will work full-time for ten weeks from May 27 through August 4, 2025, 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 meeting the Vice President & Treasurer. Interns complete each rotation with a presentation to their respective teams and complete the internship by presenting their work in a capstone project to the management team.

Interns join on a short-term temporary contract and are paid between $21.30 (net – for non-US Citizens) and $26.00 (gross – for US Citizens) per hour for 400 hours. All interns are expected to be in person, full-time, in Washington, DC, for the entire internship (May 27 – August 4). 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. The World Bank sponsors the appropriate visa for an incoming intern to work in the United States if required.

The Work & Teams

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 diverse and unique experience. Treasury comprises four main departments: Asset Management & Advisory, Capital Markets & Investments, Treasury Operations, and Pension & Endowments, in addition to the Treasury Risk, Compliance, and Controls team. Throughout their internship, each participant will be paired with a mentor and coordinator for each rotation, to provide guidance and support. Interns will engage in specific projects or tasks as directed by their team at the outset of each rotation.

The World Bank

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, World Bank 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.

The Treasury

The World Bank Treasury manages the finances of IBRD and IDA to enable all World Bank operations and lending. Treasury is a trusted advisor to World Bank member countries to support financial stability and resilience. As a global asset management leader, Treasury prudently manages over $235 billion in assets, including overseeing investment in the World Bank Group’s pension fund’s assets, the largest asset manager in the development community. With over 70 years of innovation in the capital markets, Treasury issues over $50 billion in bonds and processes over $7 trillion in transactions yearly.

Eligibility

World Bank ask that all applicants meet the following core eligibility requirements to be consistent with the program’s goals. Applicants must have these core requirements to be considered.

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 the equivalent of a four-year college degree between December 2025 and September 2026;

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.

Evaluation Process

All completed applications submitted on time through the application portal will be reviewed by the recruitment committee. Successful applicants may 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