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AIIB Jobs

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AIIB Jobs

Find out everything about Jobs and Careers with the AIIB!

Working for an organization such as the Asian Infrastructure Investment Bank (ADB) is an opportunity that could change your life. The organization combines good remuneration with meaningful work that can help millions of people improve their quality of life. You will be able to construct influential networks as well as receive encouragement to develop professionally. In addition, working for the AIIB means having a global career with a global reach, in a multicultural and pleasant environment.

Because of the above-mentioned reasons, in addition to a competitive remuneration package, career mobility, and the support that successful candidates receive once they are assigned to a position at the organization, AIIB Jobs selection processes are highly sought-after by many young professionals, making them highly competitive.

In pursuit of its mission, the OpenIGO network has developed support and guidance services, with the aim of highly increasing your chances of success in these competitive selection processes.

These include an Application Review and a Mock Interview – based on the Asian Infrastructure Investment Bank’s original model.

For more information, access:

AIIB Jobs – Products & Services


AIIB overview

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 102 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.

AIIB’s main focus: to improve social and economic outcomes in Asia.

Themes addressed by the AIIB:

  • Infrastructure development;
  • Environment (including climate change);
  • Regional cooperation and integration;
  • Finance sector development;
  • Education

AIIB Jobs - Selection Processes

In addition to the wide range of AIIB vacancies listed on the institution’s website, the organization also has specific selection programs for some of their positions. We will present the main selection programs in this section.

1) AIIB Young Professionals Program (YPP)

AIIB’s normal selection processes, which can be found under “Current Opportunities”, generally refer to single opportunities, or to higher seniority levels. Therefore, in addition to all the typical requirements for excellent academic training, they usually require three to eight years’ worth of prior experience.

However, AIIB has a specific professional hiring program for young people: the AIIB Young Professionals Program (YPP).

To know more about it, visit our page overviewing the whole program:

AIIB YPP – Overview

To help you succeed in the AIIB YPP, OpenIGO Network has developed a series of AIIB YPP-related services. These include revising your application documents and a mock interview, based on the AIIB Young Professionals Programme model.

Click the link below:

AIIB YPP – Products & Services

2) AIIB Internship Program

Along with the YPP, the AIIB internship program is the main entryway for young professionals. The purpose of the program is to offer vacancies to graduate students, creating a link between the Bank’s operational needs, the area in which the intern is being trained, and the need for the intern to gain professional experience in order to take on future positions.

Each internship vacancy has its duration period. However, internships last, generally, 3 months. AIIB offers interns USD80 per workday for a maximum of 66 workdays.

To know more about it, visit our page overviewing the whole internship program:

AIIB Internships – Overview

In pursuit of its mission, the OpenIGO network has prepared an AIIB essential package and support and guidance services, with the aim of highly increasing your chances of success in these competitive processes. These services include revising your internships or YPP application documents (curriculum vitae/resume and cover letter) and a mock interview, as per the AIIB model.

Click the link below:

AIIB Internships – Products & Services

3) Legal Associate Program

The Legal Associate Program (LAP) has the objective of forming young lawyers to supply to the Bank’s legal needs both for private and public sector operations. It is a rotational program that identifies, hires, grows and develops young talents with a passion for international development.

The LAP starts with a two-year contract based in Beijing within the Office of the General Counsel (OGC), where the Legal Associates (LAs) engage in intensive training on the fundamentals of lawyering at the AIIB.

For the 2022 edition of the AIIB Legal Associate Program, applications were open on March 1 and will close April 15, 2022. Apply by clicking here!

4) Individual Consultant Opportunities

AIIB also has a dedicated Individual Consultant Portal that considers applications from individuals worldwide looking for jobs in consulting for the Bank.

All you have to do is create an account and send your application for an opportunity listed at the Portal.

AIIB Jobs - General Requirements

Before applying for a vacancy at an organization, it is important to understand which staff profile it employs and looks for in its selection processes. This will help you to: understand if your professional profile fits with what the organization is looking for; to get ready, in order to have greater chances of success in future selection processes, and to prepare better curriculum and application documents required for your application.

Therefore, an overview of the AIIB staff profile will be presented in this section, so that you will be able to gain a better understanding of what this organization looks for in its human resources.

1) Educational Level

In AIIB’s selection processes, the candidate’s academic background is a crucial attribute, having at first an eliminatory character, and later a classificatory one. The work normally carried out at the institution possesses a high level of complexity, demanding skills that are commonly obtained through higher education in areas such as economics, finance, accounting, and computer science, among others.

As they work for a bank, naturally, most of the AIIB staff’s daily activities involve topics directly related to finance, such as macro and microeconomics, investments, and sector analysis. However, the complex dynamics of the institution, with its several fronts of action, result in an expansion of the professional qualifications needed of its staff.

While not a requirement, AIIB highly recommends that its staff, in addition to a bachelor’s degree, hold degrees at the MBA or a master’s, or doctoral degree in another field. However, the excellence of candidates who participate in the selection processes makes recommendation the rule, since in most cases, candidates with CVs considered average already possess one of the above-mentioned degrees.

2) Areas of Specialization and Expertise

  • International finance;
  • Regional integration initiatives;
  • Urban planning;
  • Energy, including renewables and energy efficiency;
  • Transportation, including roads, railways, ports, and airports;
  • Roads;
  • Environmental management, telecommunications; water, sanitation and waste management;
  • Other infrastructure-related fields

3) Professional Experience

Generally speaking, candidates who are successful in the various AIIB selection processes have had some prior work experience. If your dream is to work for AIIB, you should look to gain work experience in areas related to international development.

These experiences may take place at other international organizations, non-governmental organizations, in the government, or in the private sector. Your role may be as a consultant, volunteer, intern, researcher, or staff member. You should prioritize experiences linked to your area of expertise and contribute to the wide range of development topics, since the bank focuses on addressing development challenges.

Another aspect to consider is the importance of gaining work experience in developing or under-developed member countries, as most of AIIB’s work focuses on these locations. This is not a requirement but could make a significant difference. Therefore, if you live in a developed country, do not miss an exchange or internship opportunity in a developing country.

4) Competencies and Skills

It is not just educational background and professional experience that are important in AIIB’s selections. The organization rigorously assesses candidates’ competencies at all times during the process.

Therefore, you should aim to develop the desired competencies, as they will be evaluated and tested during the various stages of the AIIB selection process and have significant weight in the recruiters’ evaluation.

Below, we list the most common competencies and skills required by ABII professionals to prepare for the different selection processes:

  • Technical Expertise
  • Commitment to contributing to development, cooperation, integration of countries in Asia and Pacific
  • Strong academic background
  • Prior professional experience
  • Experience in projects and programs for developing countries
  • Proficiency in written and spoken English
  • Strong teamwork and interpersonal skills
  • Enthusiasm for working in multicultural teams and across borders

AIIB Jobs - Interview

To exemplify AIIB’s interview mechanisms, we have used the AIIB YPP interview stage below. Note that other opportunities at the AIIB may vary slightly from this.

The AIIB YPP interview process generally includes two stages: a) Personality Assessment Interview (online); b) On-Site Interview (AIIB’s HQ – Beijing). The following sections will elucidate the differences between these two stages.

 1. Personality online assessment interview

The personality assessment AIIB YPP interview is conducted online (by video conference) and functions as a selection phase for long-listing candidates. This phase aims to identify the presence of soft skills and general aspects of the candidates’ personality. Below, are provided examples of personality interview questions to help you understand further:

 Personality interview questions*

  • If your manager asked you to complete a task you thought impossible at first, how would you go about it?
  • Tell me about a time you had to fill in for someone. Were you successful? How did the experience make you feel?
  • Tell me about a time you missed (or almost missed) a deadline. How did you react when you realized you were falling behind? What did that experience teach you?
  • Do you prefer working in a team or on your own? Why?`
  • If you could change one thing about your personality at the snap of your fingers what would it be and why?
  • Tell me about a time your manager wasn’t satisfied with the results of your work. How did you discuss the issues and what did you do differently the next time?
  • What are you passionate about?
  • What types of activities or hobbies do you enjoy outside of work?

*(Extracted from: https://resources.workable.com/personality-interview-questions)

 2. On-Site Interview (AIIB’s Head Quarters).

 After the Online AIIB YPP interview, the Shor-Listed candidates are invited to the AIIB Head Quarter (Beijing, China), with all related costs sponsored, to a panel interview. For the On-Site Interview, AIIB uses the traditional and technical interview model with the purpose of testing the candidates’ technical knowledge and their domain about the organization’s operations and objectives. 

Candidates are usually asked two types of questions:

  • Introductory and traditional questions (questions regarding the main motivation that led the candidate to apply for the AIIB YPP or questions about their experience and employment history.
  • Technical questions regarding their working area or development and Asia oriented

Below, we present some examples of questions that may be asked on this type of interview:

  • Where do you see Asia’s financial service industry going?
  • Why do you think you are a perfect fit for this job?
  • What should be done to foster economic growth on the Asia & Pacific region?
  • Describe a time you worked in a team, the challenges you faced and your contributions
  • How would you develop the Bond market in Asia?
  • How a cross border transaction, especially lending or financing transaction, work in practice?

To help you feel more secure and greatly improve your performance during the AIIB YPP interview stage, OpenIGO Network has developed a mock interview, as per the AIIB YPP model, with a specialized professional who has extensive experience.

Click on the link below:

AIIB Mock Interview

AIIB Jobs - Salary and Benefits

Based off AIIB’s policy on compensation and benefits, we list below the fundamental objectives and terms of the compensation, allowances, benefits and retirement plan of the staff of the Bank:

The fundamental objectives of the Bank’s compensation is to enable the President of the Bank to recruit and retain Staff Members of the highest standards of efficiency and technical competence, contribute to the motivation of superior performance by Staff Members and ensure equal pay for equal work.

There are:

  • Periodic Identification of Market Comparators: To ensure the alignment of the Bank to a defined comparator market, market comparators shall be Multilateral Development Banks/International Financial Institutions (‘MDB/IFI’) and the private sector Financial Services industry (‘FS’);
  • Periodic Market Review: Comprehensive reviews are conducted every three years to reassess the appropriateness of the compensation methodology and the competitiveness of total rewards. In the intervening years, only the salary structure will be reviewed annually and may be consequently adjusted by the President.
  • Alignment of Salary Structures: The target market positioning of salary is between the MDB/IFI 50th percentile and the FS 75th percentile, for Professional Staff, and shall be the 75th percentile of middle and back-office roles in FS in China, for Support Staff.
  • Merit-based Salary Increase: The salary increase of Staff Members is based, and differentiated, upon performance assessed in accordance with the Staff Rules. A salary increase shall be withheld for unsatisfactory performance.

Benefits

  • Medical Insurance Benefit: For the duration of appointment of the staff to the Bank, there shall be a medical insurance plan for Staff Members, extendable to their qualified dependents, as determined by the President and in accordance with the Staff Rules.
  • Incapacity Benefit: In order to safeguard the welfare and wellbeing of the staff of the Bank, there shall be an Incapacity Benefit, for incapacitated Staff Members who have exhausted full pay entitlement, payable at 70% of salary and salary related allowances and retirement plan contributions.
  • Post-Retirement Medical Benefit: In order to substantially alleviate post-retirement medical costs, there shall be a Post-Retirement Medical Benefit, as determined by the President and in accordance with the Staff Rules.
  • Relocation Benefit: In order to substantially alleviate the costs of relocating to the scheduled working location when entering on duty, there shall be a Relocation Benefit, as determined by the President and in accordance with the Staff Rules.
  • Education Benefit: In order to substantially alleviate the tuition costs, up to secondary schooling, in Beijing of qualified dependent children of Professional Staff there shall be an Education Benefit, as determined by the President and in accordance with the Staff Rules.
  • Death in Service Benefit: In order to safeguard the welfare and wellbeing of the staff of the Bank, there shall be a Death in Service Benefit, on the basis of an insurance policy obtained by the Bank, and payable to a nominated beneficiary in the event of death in service of a Staff Member, as determined by the President and in accordance with the Staff Rules.

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