Financial Sector Expert/Senior Financial Sector Expert (MCMGA)

Lead financial market analysis and stability assessments at IMF

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Application deadline 2 years ago: Monday 2 Oct 2023 at 23:59 UTC

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Overview

Lead financial market analysis and stability assessments at IMF

You have:

  • Advanced degree in economics, finance, business administration, or a related field.
  • At least four years of experience in the financial industry, central bank, or research experience.
  • Demonstrated knowledge of financial instruments and market structure.
  • Ability to analyze complex market developments and provide concise analysis.
  • Familiarity with financial and macroeconomic data and econometric techniques.
  • Solid knowledge of advanced economies financial markets and monetary policy topics, particularly in the US.
  • Extensive network of market contacts and ability to leverage these contacts.
  • Ability to work independently in a high-performance team atmosphere.
  • Hands-on experience in a banking supervisory agency would be an advantage.

Work for the IMF. Work for the World.

The International Monetary Fund (IMF) has an opening for a Financial Sector Expert/Senior Financial Sector Expert in its Monetary and Capital Markets (MCM) Department, Global Markets Analysis (GA) Division. The vacancy is for a three year Term Appointment, in accordance with the Fund's categories of employment.

The main missions of the GA Division are:

  • Lead the Fund’s work on global financial market surveillance, with emphasis on developments that have macroeconomic or financial stability implications for advanced and emerging markets.
  • Analyze changes in systemically important markets, banking systems and financial institutions to provide Fund leadership consistent and well-informed views about financial risks and policies.
  • Use this analytical work to draft the Global Financial Stability Report (GFSR), a semi-annual flagship report of the Fund.
  • Assist MCM and other departments in bilateral work, including Financial System Assessment Programs (FSAPs), Technical Assistance (TA), and Article IV missions.

The duties and responsibilities of the Financial Sector Expert/Senior Financial Sector Expert include the following:

  • Monitor global financial market developments, analyze key financial vulnerabilities, including linkages between the financial sector and the macroeconomy, and produce reports covering the main findings.
  • Develop innovative methods to analyze risks in banks and nonbank financial institutions, and in money, credit, and foreign exchange markets.
  • Perform financial market and macro modeling and analysis of asset allocations and pricing.
  • Play a substantial role in drafting the GFSR and the Global Markets Monitor.
  • Assist in developing policy recommendations, in conjunction with experts in other divisions, in banking, credit, and securities markets.
  • Play a significant role in interdepartmental forums to present departmental views on financial market developments and risks. Prepare detailed written analyses and present oral briefings on market developments to IMF staff.
  • Participate in market surveillance missions to key financial centers; maintain dialogue with financial market participants and official sector to obtain context for asset price movements and ascertain market views on asset allocation trends, market innovations, and key market risks.

The requirements for this position include the following:

  • Advanced degree in economics, finance, business administration, or a related field.
  • Established track record of at least four years of experience in the financial industry, a central bank, or research experience, or other related experience in market analysis, policy making, and economic research.
  • Demonstrated knowledge of financial instruments, financial market structure, and a good understanding of portfolio management, monetary policy, and balance of payments analysis.
  • Proven ability to interpret and analyze complex market developments under pressure and provide concise, articulate, and insightful analysis in oral and written form.
  • Familiarity with financial market data, macroeconomic data, bank balance sheet data, econometric techniques, and financial and macro modeling.
  • Solid knowledge of advanced economies financial markets and the monetary policy-related topics, particularly in the US.
  • An extensive network of market contacts and demonstrated ability to leverage these contacts to inform high frequency market surveillance.
  • Ability to work independently in a high-performance team atmosphere, promote collaboration and teamwork and build effective working relationships with colleagues at all levels of the institution based on mutual respect and trust.
  • Hands-on experience in a banking supervisory agency would be an advantage.

A regular staff member who is selected to fill the vacancy will maintain their open-ended status. If the selected candidate is a contractual employee, they will be offered a Term staff appointment. Staff members already on a term appointment will continue their current term but may receive an extension provided that their current term appointment has not already been extended.

All applicants are expected to include a Statement of Interest as an attachment to the application, which may be used in the screening process for this vacancy.

Department:

MCMGA Monetary and Capital Markets Dept. Global Markets AnalysisHiring For:

A11, A12, A13, A14The IMF is committed to achieving a diverse staff, including age, creed, culture, disability, educational background, ethnicity, gender, gender expression, nationality, race, religion and beliefs, and sexual orientation. We welcome requests for reasonable accommodations for disabilities during the selection process.

Potential interview questions

Can you describe a time when you had to analyze complex financial data under pressure? This question assesses your analytical skills and ability to perform under stress. Use specific examples of past experiences where you've successfully analyzed financial data.
How do you stay updated with financial market developments? The interviewer wants to know about your strategies for keeping informed in a fast-paced environment. Pro members can see the explanation.
What innovative methods have you developed or used in financial risk analysis? Pro members can see the explanation. Pro members can see the explanation.
Can you provide an example of how you've drafted a policy recommendation? Pro members can see the explanation. Pro members can see the explanation.
Describe a situation where you had to collaborate with a difficult colleague. How did you manage it? Pro members can see the explanation. Pro members can see the explanation.
Added 2 years ago - Updated 1 year ago - Source: imf.org