HQTA Financial Sector Expert/Senior Financial Sector Expert (Financial Market Infrastructures) MCMPI

Overview

Lead policy analysis on financial market infrastructures and digital currencies.

You have:

• A PhD or an advanced degree in economics, finance or other fields relevant to the division’s focus areas.
• At least four years of relevant experience showing progressively more responsibility with a focus on FMIs, notably on overseeing, supervising, assessing, and developing CCPs, CSDs, and SSSs.
• Demonstrated capacity in strategic and analytical thinking and sound policy judgment.
• Experience in leading projects and drafting policy papers, and outstanding ability to work in teams.
• Participation in international standard setting bodies (such as the CPMI and/or IOSCO).
• Excellent writing and verbal communication skills.
• Strong initiative and organization skills.
• Experience working with or in central banks, international bodies, and/or standard-setting bodies.
• Experience in providing technical assistance and/or bilateral surveillance is a definite plus.
• Excellent team player, diplomatic and partnership skills, and the ability to build/maintain relationships across the Fund and with country authorities and other international financial organizations.

Work for the IMF. Work for the World.

The Monetary and Capital Markets Department (MCM) has a vacancy in the Payments, Currencies, and Infrastructure (PI) division for an experienced expert on Financial Markets Infrastructures. This a contractual appointment for two years and can be extended to a maximum of four years, subject to budget availability and satisfactory performance.

The PI division aims to offer concrete and actionable solutions to pressing problems in payments (both retail and wholesale), to promote the safety and soundness of financial market infrastructures (FMIs), and to meet challenges from the rise of digital currencies. The division strives to offer intellectual leadership, technical assistance, and surveillance (such as through FSAPs). The division also aims to collaborate with, and provide expertise to, other IMF divisions exploring common topics. Work entails close collaboration with external academics, policymakers, industry experts and innovators, as well as international bodies such as the Committee on Payments and Market Infrastructures (CPMI), the BIS, and the Financial Stability Board (FSB).

PI’s work on digital money covers the design, issuance, regulation, and supervision of digital money issued by the public sector – in the form of central bank digital currency – as well as the private sector – including eMoney, stablecoins, and even cryptoassets. The widespread adoption of these new forms of money can bring significant benefits to countries, but also risks. Macro-financial implications cover financial stability, monetary policy effectiveness, financial inclusion, market and payment efficiency and integration, the structure of the financial sector, the role of banks and nonbanks, growth and productivity, as well as financial integrity.

Responsibilities

• Leading, and contributing to, innovative and policy relevant analytical work, including working papers, staff discussion notes, and Board papers in the areas of Central Counterparty (CCP) Central Securities Depository (CSD), and Securities Settlement System (SSS) with a focus on financial stability and the impact of digital innovations.
• Leading, and contributing to, technical assistance missions to member countries, with a focus on regulation, supervision, and risk management of CCPs, CSDs, and SSSs, as well as digital innovation.
• Leading, and contributing to, bilateral surveillance missions to member countries, such as through FSAPs, with a focus on the assessment of CCPs, CSDs, and SSSs against the PFMI.
• Contributing to developing policy lines relevant to the division’s mandate.
• Participating in, and supporting, international working groups.
• Contributing actively to the division’s debates, interactions with the private sector, and information sharing efforts.

Requirements

• A PhD or an advanced degree in economics, finance or other fields relevant to the division’s focus areas.
• At least four years of relevant experience showing progressively more responsibility with a focus on FMIs, notably on overseeing, supervising, assessing, and developing CCPs, CSDs, and SSSs.
• Demonstrated capacity in strategic and analytical thinking and sound policy judgment. A proven track record of impactful policy advice and publications in the area.
• Experience in leading projects and drafting policy papers, and outstanding ability to work in teams.
• Participation in international standard setting bodies (such as the CPMI and/or IOSCO).
• Excellent writing and verbal communication skills.
• Strong initiative and organization skills.
• Experience working with or in central banks, international bodies, and/ or standard-setting bodies.
• Experience in providing technical assistance and/or bilateral surveillance is a definite plus.
• Excellent team player, diplomatic and partnership skills, and the ability to build/maintain relationships across the Fund and with country authorities and other international financial organizations.

Department:

MCMPI Monetary and Capital Markets Dept. Payments,Currencies & InfrastructureHiring 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