Under the direction of FIN's Safeguards Assessments (SA) Division's management, the candidate will be responsible for work related to safeguards assessments. This will involve assessment and continuous monitoring of the five key areas of control and governance within central banks of member countries. Duties will include:
• Requesting and analyzing documentation from central banks and preparing related follow-up correspondence.
• Conducting safeguards assessments by reviewing the relevant Fund documents (i.e., staff reports, Technical Assistance reports); documentation received from central banks and audited Financial Statements, communicating with central banks' staff and external auditors, and drafting the assessment report; for countries that require onsite assessments, contributing to mission preparation and execution.
• Monitoring of developments in the safeguards frameworks of assigned central banks, including assessing the implementation of recommendations arising from safeguards assessments and related follow-up work.
• Liaising with area and other departments on matters relevant to safeguards assessments, including safeguards policy requirements and timing of program reviews, as well as discussions on central bank governance issues.
• Contributing to other activities of the Division and the Department, including: (i) the development and delivery of outreach events and seminars; (ii) the development and review of safeguards, accounting and financial policies, and (iii) keeping abreast of developments in International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), and relevant technological skills.
Candidates must possess a professional accounting certification (CPA/CA) supplemented by a minimum of four years of relevant experience to be eligible for consideration. In addition, ideally the candidate should possess educational development typically acquired by completion of an advanced university degree in business Administration, accounting, finance, economics, or a related field.
The candidate should have good knowledge of central bank operations, Financial Institutions, or public sector entities. The position also requires some knowledge of leading practices in corporate or public sector governance, monetary policy operations, and foreign reserves management. Experience in external audits, internal auditing, Risk Management and forensic accounting, and knowledge of decisions and policies relating to the Fund's financial structure and operations would be desirable.
The candidate is expected to have strong analytical capabilities and be able to meet tight deadlines, both at headquarters and on mission. In addition, the candidate should have strong verbal and written communication skills and the ability to deal effectively and diplomatically with country authorities. The ability to work independently and in teams is essential.