Financial Sector Expert/ Senior Financial Sector Expert (MCMFC)
Work in a team environment on financial crisis preparedness and management policies.
Overview
Work in a team environment on financial crisis preparedness and management policies.
You have:
- Have an advanced academic degree in business administration, economics, finance, law, or related fields.
- Have at least 4 years of relevant professional work experience.
- Have experience in firm-specific corrective action and resolution, including designing and implementing the diagnosis and restructuring of problem banks.
- Have had exposure to management of system-wide financial distress.
- Demonstrate creativity, initiative, and sound judgment; and have excellent team work and negotiating skills along with strong oral and written communication skills.
Work for the IMF. Work for the World.
The International Monetary Fund is searching for a Financial Sector Expert/Senior Financial Sector Expert to work in its Monetary and Capital Markets (MCM) Department, Financial Crisis Preparedness and Management (FC) Division.
The main responsibilities of MCMFC are to:
- Provide policy and technical support on financial sector restructuring for program country work, and help ensure the consistency of MCM policy positions, including by taking the lead in MCM review of documents on crisis and near-crisis countries; - Coordinate MCM participation in Fund-wide policies in the area of program conditionality and use of Fund resources (UFR); - Assess the effectiveness of financial sector resolution and safety nets frameworks and help strengthen crisis preparedness, directly and through the Area Departments, particularly in vulnerable countries; - Provide advice on financial crisis management measures, including crisis containment, financial sector restructuring and resolution, and management of distressed financial assets, directly and through the Area Departments; - Develop and disseminate policy positions in the areas of contingency planning, resolution of financial institutions, financial safety nets, and management of distressed assets; - Provide technical assistance and capacity building on financial crisis preparedness and management, including the backstopping of external experts; and - Liaise with standards setting bodies and other international organizations on deposit insurance, managing distressed financial assets, and resolution-related topics, including to develop and assess compliance with international standards.
The Financial Sector Expert/Senior Financial Sector Expert will be responsible for working in a team environment on the development, monitoring, and implementation of policies in the areas of financial crisis contingency planning, financial safety nets, and resolution of financial institutions. She/he will participate in UFR and near-crisis country work, the Financial Sector Assessment Program, technical assistance missions, and work on special projects in relevant areas. The selected candidate will be part of a team of experienced financial sector experts in MCM’s FC Division, reporting to the Division Chief.
Qualifications:
The selected candidate must have an advanced academic degree in business administration, economics, finance, law, or related fields.
In addition, the candidate should: - Have at least 4 years of relevant professional work experience; - Have experience in firm-specific corrective action and resolution, including designing and implementing the diagnosis and restructuring of problem banks; or in developing effective policy frameworks for dealing with failing financial institutions; - Have had exposure to management of system-wide financial distress; and - Demonstrate creativity, initiative, and sound judgment; and have excellent team work and negotiating skills along with strong oral and written communication skills.
Department:
MCMFC Monetary and Capital Markets Dept. Financial Crisis Preparedness & MgmtHiring For:
A11, A12, A13, A14The IMF is guided by the principle that the employment, classification, promotion, and assignment of staff shall be made without discrimination against any person. We welcome requests for reasonable accommodations for disabilities during the selection process. Information on how to request accommodations will be provided during the application process.
Potential interview questions
| Can you describe a time when you developed a policy framework for a failing financial institution? | This question assesses your hands-on experience and expertise in crisis management. | Provide a specific example highlighting your role and the impact of your policy. |
| Discuss an instance where you had to negotiate with stakeholders during a financial crisis. | The interviewer wants to understand your negotiation skills under pressure. | Pro members can see the explanation. |
| How have you demonstrated sound judgment in past financial decision-making? | Pro members can see the explanation. | Pro members can see the explanation. |
| Can you give an example of how you provided technical assistance on financial crisis preparedness? | Pro members can see the explanation. | Pro members can see the explanation. |
| Describe a situation where you worked as part of a team to resolve a financial issue. | Pro members can see the explanation. | Pro members can see the explanation. |
| What is your approach to building capacity within financial institutions during a crisis? | Pro members can see the explanation. | Pro members can see the explanation. |
| Describe how you keep yourself informed about international standards in financial management. | Pro members can see the explanation. | Pro members can see the explanation. |
| Can you provide an example of how you've adjusted risk management strategies in response to emerging financial trends? | Pro members can see the explanation. | Pro members can see the explanation. |