HQTA Financial Sector Expert/Senior Financial Sector Expert (Capital Flow Management)(MCMCF)

Overview

Contribute to policy work on capital flows and exchange regulations

You have:

• An advanced university degree in economics, finance, or a related field.
• At least eight years of professional experience.
• At least five years in the field of designing, implementing and dismantling foreign exchange regulations, including capital controls.
• Strong understanding of the relationship between foreign exchange regulation, external sector stability, and financial stability.
• Knowledgeable about managing a foreign exchange system in a restrictive regulatory environment.
• Ability to communicate clearly and effectively in spoken and written English.
• Excellent interpersonal and diplomatic skills.
• Ability to work in a team and under tight deadlines.
• Experience with foreign exchange intervention policies and designing and implementing macroprudential policies would be an advantage.

Work for the IMF. Work for the World.

Description:

The Monetary and Capital Markets Department (MCM) has a vacancy in the Capital Flows Unit for an experienced expert on capital flow management and liberalization and foreign exchange regulation. The position will be based in the IMF's headquarters in Washington, D.C. The appointment is for a contractual term of two years and can be extended to a maximum of four years, subject to budget availability and satisfactory performance.

The CF unit is responsible for MCM's work on capital flow policies and exchange restrictions as well as multiple currency practices. The unit works closely with staff in MCM and other departments, and with country authorities, in delivering policy analysis, technical assistance, and surveillance products and contributes to the Fund’s analytical and policy work agenda related to capital flows. It also produces a unique database, the Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER).

The selected candidate will contribute to the unit’s work by conducting policy work on capital flows, restrictions on current account and foreign exchange regulatory issues as well as by providing advice in her/his area of expertise. This will involve frequent interactions with country authorities, other IMF departments, and international organizations. The position requires travel on country and other assignments, as well as responsibility for preparing reports, maintaining a database, and analytical studies. He or she would also be expected to conduct review of country and policy papers, draft briefings, advise other departments and country authorities on issues related to current and capital account management and liberalization and contribute to the analysis of policy questions.

Qualifications

An advanced university degree in economics, finance, or a related field, with at least eight years of professional experience, of which at least five years in the field of designing, implementing and dismantling foreign exchange regulations, including capital controls in a central bank or another relevant national authority. A strong understanding of the relationship between foreign exchange regulation, external sector stability, and financial stability is also required. In particular, the expert is expected to be knowledgeable about managing a foreign exchange system in a restrictive regulatory environment, the removal of foreign exchange controls, applicable international agreements governing the use of restrictions on current and capital transactions, financial sector risks stemming from cross-border financial transactions and exchange rate movements and the policy tools to address them, and cross-border spillovers from the use of capital flow management measures. Having published papers on these issues would be an advantage, as would experience with foreign exchange intervention policies and designing and implementing macroprudential policies.

The ability to communicate clearly and effectively in spoken and written English is required, along with the ability to work in a team and under tight deadlines. Excellent interpersonal and diplomatic skills are essential, as is the ability to establish credibility and influence with senior country officials.

Department:

MCMAI CF Monetary and Capital Markets Dept. Immediate Office Capital Flows UnitHiring 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.

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Potential interview questions

Added 3 years ago - Updated 1 year ago - Source: imf.org