Ready to make an impact?
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 a Treasury Summer Internship.
With us, you will not just work in financial markets: you will help create new ones.
The Treasury Summer Internship 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, who possess 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.
Treasury Summer Interns will work full-time for ten weeks from May 31 through August 16, 2022, 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 the internship by presenting their work in a capstone project to the entire management team.
Onboarding Week: May 31 – June 3
Rotation 1: June 6 – June 24
Rotation 2: June 27 – July 20
Rotation 3: July 21 – August 10
Break: August 11-12 & 15
Capstone Presentation: August 16
Up to 14 individuals will work across Treasury’s 14 teams this summer, and each intern will have a different rotation schedule to create 14 unique experiences. Treasury has three departments and a compliance & controls team. It’s highly encouraged for applicants to read more about our organization and its teams. Each team has an intern mentor and coordinator to supervise and support their work. Interns will be responsible for specific individual tasks or projects in one of Treasury’s departments, and, depending on interest and skills, will perform some or all the following:
Create daily market reports, shadow portfolio managers to understand asset management best practices, and work on Bloomberg terminal with asset managers.
Support the engagement managers practices through RAMP, Reserve Advisory & Management Partnership, which has over $25 billion of assets under management. Support the branding and marketing of products to central banks, international financial institutions, pension funds and sovereign wealth funds.
Compliance & Risk Management
Work on one of the fastest growing sectors of the financial industry through understanding operational risk, business continuity, trade compliance and conflicts of interest risk.
Financial Infrastructure & Banking Operations
Shadow full-time employees as they liaise with hundreds of banks/custodians and communicate complex ideas and solutions with potential and existing clients.
Fintech & Innovation
Work on the cutting edge of finance through research, presentations, and event management on leading issues in digital and cryptocurrencies.
Provide background research on catastrophe bonds and currency and commodity hedging products for sovereign clients, including joining calls with Ministries of Finance and supporting presentations to clients.
Participate in investor calls, observe trades across Asian, European, and American markets, and learn about the issuance programs and supporting legal documentation.
Products, Knowledge & Research
Organize, clean, and visualize data for internal and external reports, support subject matter experts on issues of reserve management, ESG, and more.
Sustainable Finance & Investor Relations
Draft investor 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.