HQTA Financial Sector Expert/Senior Financial Sector Expert (Central Bank Operations) (MCMCO)
Application deadline in 13 days: Friday 15 Dec 2023 at 23:59 UTCOpen application form
Work for the IMF. Work for the World.
The Monetary and Capital Markets Department (MCM) has a vacancy in its Central Banking Operations Division (MCMCO) for a Headquarter-based Financial Sector Expert/Senior Financial Sector Expert. 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.
MCMCO division covers a broad range of areas including the implementation of monetary and exchange rate policies, lender of last resort, collateral frameworks, financial market development, international reserves management, central bank accounting, governance, strategic planning, risk management, and currency issuance. The division works closely other MCM divisions (financial crisis, financial regulation, monetary and macroprudential policies, and debt management) and other IMF departments and country authorities delivering policy analysis, technical assistance, and surveillance products, including the IMF's Global Financial Stability Report and the Financial Sector Assessment Program (FSAP).
This position is focused on contributing to the analytical work that underpins the advice provided by MCMCO with a general focus on implementation of monetary and foreign exchange policies, as well as emergency liquidity assistance. The key responsibilities are to deliver technical assistance, undertake quantitative analyses to support of the division’s analytical and capacity development agenda, as well as to develop policy positions. The successful candidate may also have the opportunity to participate in technical assistance, FSAP, and Article IV consultation missions.
The successful candidate will have an advanced university degree in economics, finance, or a related field, with minimum 4 years of relevant experience with several relevant publications, and a solid command of quantitative methods.
Experience in a central bank or in the financial sector is desired, especially in areas related to collateral valuation and FX reserve management. The candidate should also have demonstrated sound policy judgment; analytical and quantitative skills; excellent oral and written communication skills; and a capacity to meet tight deadlines. Strong interpersonal skills and team spirit are required. In addition to English, working knowledge of French or Spanish would be highly desirable.
Candidates shortlisted for the position will be asked to undertake a quantitative test and an interview as part of the selection process.
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.
This is a two-year contractual appointment. Contractual appointments at the IMF are renewable for up to four years of cumulative contractual service, pending incumbent's performance, budget availability, and continuous business need.
MCMCO Monetary and Capital Markets Dept. Central Bank OperationsHiring 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.