The ECOWAS Bank For Investment And Development (EBID) Young Graduates Program 2024/2025 Designed For Young Africans.

The ECOWAS Bank for Investment and Development (EBID) Young Graduates Program

The ECOWAS Bank for Investment and Development (EBID), operating as the financial arm of the Economic Community of West African States (ECOWAS), stands as an international financial institution representing the 15 ECOWAS Member States:

Benin, Burkina Faso, Cape Verde, Ivory Coast, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. Nestled in Lomé within the Togolese Republic, its mandate revolves around fostering conditions conducive to the emergence of a robust, industrialized, and well-integrated West Africa, both internally and on the global economic stage, to harness the opportunities stemming from globalization.

In line with its commitment to nurturing talent and fostering regional development, EBID has initiated a dynamic young graduates program aimed at recruiting individuals from universities and prominent institutions across West Africa and its diaspora. This program specifically targets young, highly skilled graduates under the age of thirty (30) at the time of enlistment. Successful candidates will embark on a transformative journey as young executives in training within the Bank, engaging in a two-year fixed-term contract (CDD) characterized by a rigorous six-month probationary period.

Throughout the tenure of the fixed-term contract (CDD), these recruits will undergo a rotational assignment scheme across various departments, affording them invaluable insights into operational dynamics and fostering seamless integration within interdisciplinary teams. Under the mentorship of seasoned senior managers, they will navigate the intricacies of departmental functions, policies, and developmental initiatives championed by the Bank.

Upon demonstrating commendable performance and commitment during the fixed-term contract (CDD) period, candidates stand poised for potential elevation to permanent staff status through conversion to an indefinite-term contract. This transition signifies a pivotal milestone, cementing their roles as integral contributors to the Bank’s sustained growth and impactful operations.

In essence, EBID’s young graduates program not only serves as a conduit for attracting and nurturing top-tier talent but also underscores the institution’s unwavering dedication to fostering regional economic prosperity and bolstering the collective capacity of West Africa to thrive in an increasingly interconnected global landscape. Through strategic talent cultivation and innovative capacity-building initiatives, EBID remains steadfast in its pursuit of catalyzing sustainable development and fostering a brighter future for the West African sub-region.

Eligibility Criteria for Program Application

Prospective candidates from ECOWAS member countries may apply for this program provided they meet the following criteria:

Age Requirement: Applicants must be 30 years old or younger at the time of recruitment.
Educational Background: Candidates should possess a higher education diploma equivalent to a bachelor’s degree plus five years (MASTER, DESS) or a diploma relevant to the Bank’s operations. This includes fields like private and public sector operations, infrastructure, risk management, asset/liability management, finance, auditing, legal advice, communications and marketing, language services, or other related disciplines.

Skills and Abilities: Candidates must demonstrate the ability to work effectively in multicultural teams under pressure. They should exhibit strong analytical and synthesis skills, organizational abilities, and proficiency in setting priorities.
Research and Technical Skills: Proficiency in conducting research using various sources, including electronic and professional media, and familiarity with office tools such as Excel, Word, Access, and PowerPoint, is required.
Language Proficiency: Excellent communication skills in French and/or English and/or Portuguese are essential, along with a good command of at least one additional language.

Benefits

Candidates selected for this position will receive a comprehensive salary package augmented with various allowances tailored to their grade. These allowances include adjustments for position, housing, transport, and family support where applicable. Furthermore, as part of their employment benefits, newly recruited graduates will be enrolled in the Bank’s retirement fund. During their tenure, they will also enjoy group insurance coverage, safeguarding them against a range of risks such as death, permanent disability, temporary incapacity for work, partial permanent disability, illness, and individual accidents.

This package not only ensures financial stability but also provides essential protection, offering peace of mind to employees and their families throughout their employment.

Application Procedure

Candidates who fulfill the aforementioned criteria are encouraged to submit their application documents to the Bank. The application file should include the following:

A comprehensive curriculum vitae detailing the candidate’s academic and professional background.
Copies of relevant diplomas and certifications.
A valid copy of the candidate’s identity card or passport.

A copy of the candidate’s birth certificate.
A well-crafted cover letter elucidating the candidate’s motivation for participating in the program. This letter should also outline the candidate’s preferred technical areas, supported by reasons, relevant experiences, and career aspirations.

Interested candidates must submit their application files via email no later than May 31, 2024. The subject line of the email should read: “Young Professionals Recruitment Program – 2025”. Applications are to be sent to the following address: recrutbidc@bidc-ebid.org.

This streamlined application process ensures that candidates can efficiently present their qualifications and motivations, facilitating a thorough evaluation by the selection committee. By adhering to the stipulated guidelines and deadlines, candidates demonstrate their commitment and professionalism, setting a positive tone for their potential involvement with the Bank.

Only pre-selected candidates will be invited for an interview. EBID reserves the right to withdraw notified vacancies or offer a position at a lower grade.

Application Deadline: May 31, 2024