I applied online. The process took 2 months. I interviewed at World Bank Group in Jul 2021
Interview
I applied for an IA position within an industry team in DC in 2021.
There were mainly three processes after you submit your resume.
The first round is HireVue interview and an online financial analysis exam. In the HireVue interview, you will be asked three questions: Why you want to join IFC, How do you deal with a conflicted situation, and another general behavioral question about teamwork. It won't be a big deal as you will be allowed to re-record for once if your first attempt wasn't great. For the exam, you will be given a financial statement and some assumptions in projected year, then asked to answer questions like: Calculate ROE in the latest FY, sales CAGR in the past three years, net income in the third projected year, etc. You will be given 90 minutes to answer 25 questions but it only took me 50 minutes to finish. Questions are fairly easy but I think you will be expected to answer all of them correctly. One thing to note is that you cannnot use excel - at somehow they will detect when you leave your window.
A week after I submitted my Hirevue and exam, I was invited to the second round - a panel interview. There were three interviewers, two senior investment officers and one industry specialist. The interview lasted for one hour. Apart from general questions, IOs mainly asked technical questions regarding financial knowledges and IS asked me questions on sectors the team is covering.
I was invited to the final round a week after I had the panel interview. The interviewer was the manager of the team I was applying for. It was a 30-minute interview, of which 20 minutes were spent for questions from me to the manager. The manager asked me only three general questions and it seemed like they had already made up their mind to give me the offer after the second round.
Interview questions [1]
Question 1
Second round:
- Tell me about yourself
- Why do you want to join IFC? What do you want to work in development finance industry?
- Describe a project and financial model you have created before?
- What would working capital of [Company A (globally famous company) ] would look like?
- How do you manage your task? What would you do if you have too many tasks and may not be able to meet deadlines?
- When you conduct an industry analysis, how do you research? Give me an example from your experience and a takeaway from your industry analysis?
- What is your view on [xyz] sector in your country in the next decade?
Third round:
- Tell me about yourself
- why are you interested in our sector?
- Are you ready to come all the way from your country to the US?
I interviewed at World Bank Group (São Paulo, São Paulo)
Interview
Varios rounds de entrevista abordando topicos tecnicos e softskills. Processo completo e exigente.
Prova inicial técnica e depois 2 a 3 rounds de entrevistas com uma banca avaliadora até chegar na entrevista final com o Manager
1st round financial modeling test at Lagos office in Ikoyi. We were about 20, most of us who stayed in touch never heard back. I believe the recruitment was for West Africa so only had few overall slots for nigeria.
nitial Assessment: Qualified applicants may be invited to participate in an initial assessment phase, which often includes:
Financial Aptitude Test: This test evaluates your understanding of financial concepts and analytical skills.
HireVue Video Interview: A digital interview platform where candidates respond to pre-recorded questions, typically focusing on behavioral and situational scenarios.
Gamified Assessments: Some candidates have reported engaging in game-like assessments designed to evaluate cognitive abilities and problem-solving skills.
Case Study: Candidates may be required to complete a case study, which involves analyzing a business scenario and providing recommendations. This exercise assesses your analytical thinking, financial modeling, and presentation skills. The case study is usually time-bound and may be administered online.
Interview questions [1]
Question 1
Technical question to explain the different financial models used to analyze and assess financial risk for an infrastructural project
