Resident Macro-Fiscal Advisor

Job Posting Organization:
The International Monetary Fund (IMF) is a global organization established to promote international monetary cooperation, facilitate sustainable economic growth, and reduce poverty around the world. Founded in 1944, the IMF has a mission to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty. The organization operates in 190 countries and employs approximately 2,700 staff members from diverse backgrounds, reflecting a wide range of expertise and experience in economic and financial matters.

Job Overview:
The position of Resident Macro-Fiscal Advisor within the Fiscal Affairs Department (FAD) of the IMF is a critical role aimed at enhancing the macro-fiscal analytical capabilities of the Ministry of Finance in Saudi Arabia. The advisor will be responsible for providing capacity development support, which includes hands-on training and assistance in developing forecasting and modeling tools that are essential for effective budget preparation. The advisor will also focus on building the analytical capabilities related to macro-fiscal risks and policies, thereby enhancing the staff's ability to communicate complex macro-fiscal analyses effectively. This role requires proactive engagement with the Macro-Fiscal Policy Deputyship (MFPD) staff to identify their capacity development needs and to implement actions that address these needs. The advisor will work closely with IMF headquarters staff to coordinate and support activities led by short-term experts, ensuring a comprehensive approach to capacity development in macro-fiscal policy analysis.

Duties and Responsibilities:
The Resident Macro-Fiscal Advisor will undertake a variety of duties and responsibilities, including but not limited to:

• Providing expert advice and capacity development support to the MFPD staff in the Ministry of Finance.
• Developing and refining macro-fiscal forecasting and modeling tools that integrate with the budget preparation process.
• Enhancing the analytical capabilities of the MFPD in assessing fiscal risks and macro-fiscal policies.
• Conducting training sessions and workshops to build staff capacity in macro-fiscal analysis and communication.
• Collaborating with IMF headquarters to ensure alignment of capacity development activities with broader IMF initiatives.
• Identifying and addressing capacity development needs through proactive engagement with MFPD staff.
• Assisting in the preparation of budget documentation and analytical reports for the MFPD.
• Reporting to FAD staff in Washington DC and receiving ongoing advice and support.

Required Qualifications:
Candidates for the Resident Macro-Fiscal Advisor position should possess a university degree or equivalent, ideally at the master’s level, in economics or finance. A minimum of four years of relevant professional experience is required, with preference given to candidates who have at least ten years of extensive practical experience in macro-fiscal analysis, particularly within finance ministries, central banks, or international institutions. Candidates should demonstrate expertise in macro-fiscal forecasting, modeling, and analysis, as well as a solid understanding of fiscal frameworks and their integration with budget processes. Excellent interpersonal and communication skills are essential, along with strong analytical, policy, and research capabilities. The ability to transfer technical knowledge effectively and to build and maintain collaborative relationships is crucial.

Educational Background:
The educational background required for this position includes a university degree, preferably at the master’s level, in economics or finance. This educational foundation is essential for understanding complex macro-fiscal concepts and for effectively engaging in policy analysis and development.

Experience:
The position requires candidates to have at least four years of relevant professional experience, with a strong preference for those who have a minimum of ten years of practical experience in macro-fiscal analysis and capacity development. Experience working in finance ministries, central banks, or international institutions is highly valued, as it provides the necessary context and understanding of the fiscal landscape.

Languages:
While Arabic language skills are considered an advantage for this position, they are not mandatory. Candidates should possess strong oral and written communication skills in English, as effective communication is vital for the role.

Additional Notes:
The appointment for the Resident Macro-Fiscal Advisor position is for a period of one year, with the possibility of extension depending on funding availability. The advisor will report to FAD staff in Washington DC, who will provide ongoing support and guidance. The IMF is committed to non-discrimination in employment practices and welcomes requests for reasonable accommodations for disabilities during the selection process.