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, and market development. The key responsibilities are to undertake quantitative and econometric analyses to; support of the division’s analytical agenda, assist divisional staff in the delivery of technical assistance, and 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 (ideally a Ph.D.) in economics, finance, or a related field, several relevant publications, and an excellent command of quantitative methods and programming languages such as Python, MatLab, R, and VBA. Experience in a central bank or in the financial sector is desired, especially in areas related to the implementation of monetary and foreign exchange policies, either as staff or in an advisory capacity. 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.
MCMCO Monetary and Capital Markets Dept. Central Bank Operations
A11, A12, A13, A14
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