IDB1102 - Young Professionals Program
Business Unit: Human Resources & Corporate Services Complex
Function: Leadership and Staff Development Division
Department: Human Resources Management Department
Country: Saudi Arabia
Location: Saudi Arabia - Jeddah
Closing date: 31-Dec-2020
ABOUT YPP:
The Young Professionals Program (YPP) is the strategic
talent pipeline for the professional career in the Islamic Development Bank
(IDB) Group. The Program is designed for outstanding young graduates who can
significantly help the IDB Group to carry out its mission and attain its
objectives.
This Program enables each Young Professional (YP) to
receive extensive exposure and experience of the IDB Group’s various activities
through job rotations in different departments. Participants will initially
spend two weeks Orientation stage in HRMD. Then, 27 months in Foundation stage
which will be split into three rotations of 9 months each in IDB Group
departments.
Participants will also benefit from a coaching/mentoring
arrangement and a wide range of relevant training and developmental
opportunities.
Upon successful program completion, the participant will
gradually climb up the professional grades in the IDB Group.
ELIGIBILITY:
Prospective candidates for the YPP must fulfill the following
minimum requirements:
Holds a Bachelor degree in development, education,
economics, finance, accounting, business administration, engineering,
information technology and law or any other specializations relevant to the
work of the Bank from highly reputed Universities or international centers of
excellence.
Outstanding academic record. The indicators of high
grades shall be based on education system of each country or region. The
following grades from different education systems shall form a baseline for
candidate’s eligibility for the YP program:
·
GPA 3.5 on the scale of 4 or equivalent for any other
system
·
‘A’ Grade according to regional systems following ABC
grading
·
‘Excellent’ (ممتاز) in Arab, Russian or any other
region’s system following such grading system
·
Bien in French and Francophone systems.
·
2nd Class Upper Honors in British system
·
Shall be a citizen of an IDB member country; applicants
from Muslim communities of non-member countries may be admitted
·
Age not more than 32 years at the time of interviews. May
be allowed to attend interviews if they are under the age requirement at the
date of application.
·
No working experience is required. However, experience
shall be considered favourably
Applicants in the following categories shall be
considered as Priority candidates subject to their meeting entry requirements:
a) Professionals with experience in a field directly related to the IDB Group's
activities particularly experience working in global organizations
b) Under-represented nationalities from IDB member countries
c) Master's degree or its equivalent or Ph.D
d) Good command of Arabic or either English or French provided he/she is able
to work in English.
PROGRESSION STAGES:
Progression
|
Activities
|
FoundationStage
|
·
Two weeks Orientation at HRMD
·
Three department rotations of 9 months duration
each
·
The objective of this stage is to
develop/strengthen the foundation of YPs with required competencies,
knowledge and skills needed in the IDB Group, so that they could succeed
professionally
|
IntegrationStage
|
·
YPs shall be confirmed in one of the departments
subject to meeting requirements
·
Assigned a 3 to 6 months graduation project
·
YPs are expected to be in this stage between 1
year to 2 years before considered for graduation
·
The integrated YPs shall be exposed to LeadDP
(Leadership Development Program)
·
YPs to be fully integrated with the IDB’s
operations and culture
|
Graduation
|
·
HRMD shall ensure that the YP is ready for the
professional role
·
Direct placement on the grade of the position for
which he/she was selected
·
Successful YPs awarded Certificate of
Graduation
|
IMPORTANT INFORMATION FOR APPLICANTS:
Your application SHALL
NOT be considered if any of the requirements below are not adhered to.
·
Please make sure that you answer all questions
completely.
·
Note that you must answer all questions marked by *, as
they are required fields. Your application will not be accepted in case these
fields are not completed.
·
Provide the most current contact information which is
valid for a period of one year. In case your contact information changes during
the selection process, please email us the updated data.
·
Ensure that you have correctly spelled your e-mail
address, since this will be our main method of communication with you
concerning your candidacy.
·
Remember to enter your complete phone number (country
code + city code + number).
·
After you answer all questions, you MUST attach
your detailed curriculum vitae (CV) or resume in English to be considered.
Required attachments:
·
Transcripts for Bachelor Degree with GPA
scores clearly displayed
·
Transcripts for Masters & PhD, with GPA scores
where applicable
·
Recent passport-sized photograph
COMPENSATION & BENEFITS:
·
Basic Salary: Internationally competitive tax free salary
based on education and experience of the YPs.
·
COLA: Cost of living allowance as per the management’s
decision.
·
Transportation Allowance: Lump sum monthly payment
besides basic salary.
·
Spouse Allowance: 5% of basic salary if the spouse is not
working.
·
Housing Allowance: To a certain maximum limit.
·
Children Education Allowance: 75% of the actual costs of
education to a prescribed limit.
·
Air Tickets: Granted for home leave
·
Dependency Allowance: A maximum of 5 dependents.
·
Medical Coverage: Medical treatment for staff members and
their dependents
·
Leave: 24 working days leave for new staff members during
one year in addition to 10 days casual leave to attend emergencies. YPs are
only allowed to consume a maximum of 10 days annual leave once in each
rotation.
·
Staff Retirement Plan: Co-contribution.
·
Group Personnel Accident Insurance
·
Medical Treatment Fund for Retirees: The IDB offers staff
members the opportunity to participate in a medical treatment fund for
retirement on a cost sharing basis.
·
Relocation Travel
·
Installation Allowance
·
Relocation Shipment
·
Car Financing
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