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Department:
MCMAI CF Monetary and Capital Markets Dept. Immediate Office Capital Flows Unit
Description
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 three year term contract. 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 Fundโs analytical and policy work agenda related to capital flows. It also produces a unique database, the Annual Report on Exchange Arrangements and Exchange Restrictions.
The selected candidate will contribute to the unitโs work by providing advice on capital flow policies and assessing their impact on the domestic economy and financial system. 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 engaging in analytical work. He or she would also be expected to conduct review of country and policy papers, draft briefings, and contribute to the analysis of short-term policy questions.
Qualifications
An advanced university degree (Ph.D. preferred) in economics, finance, or a related field, with at least four years of increasingly responsible professional experience, in the field of designing, implementing and dismantling foreign exchange regulations, including capital controls.
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.
This vacancy shall be filled by a 3-year Term appointment in accordance with the Fundโs new employment rules that took effect on May 1, 2015.
Department:MCMAI CF Monetary and Capital Markets Dept. Immediate Office Capital Flows Unit
Hiring For: A11, A12, A13, A14
The IMF is guided by the principle that the employment, classification, promotion, and assignment of staff shall be made without discrimination against any person. We welcome requests for reasonable accommodations for disabilities during the selection process. Information on how to request accommodations will be provided during the application process.