Economist/Senior Economists

Job Posting Organization:
The International Monetary Fund (IMF) is an international organization established in 1944 with the mission to promote global economic stability and growth. The IMF has a diverse workforce of over 2,700 employees from around the world, operating in more than 190 countries. The organization focuses on providing financial assistance, policy advice, and technical assistance to its member countries to help them achieve macroeconomic stability and sustainable growth. The IMF is committed to fostering a culture of inclusivity and diversity, ensuring that all staff members are treated fairly and equitably, regardless of their background.

Job Overview:
The Macro-Modelling and Monetary Division of the IMF's Institute for Capacity Development (ICD) is seeking qualified candidates for the positions of Economist/Senior Economists. The selected candidates will play a crucial role in developing and delivering capacity development (CD) initiatives in macroeconomic frameworks. This includes a focus on various topics such as monetary policy, exchange rate policy, managing capital flows, forecasting, and nowcasting. The role involves providing technical assistance (TA) primarily to central banks and other macroeconomic management institutions, aimed at enhancing member countries' capabilities in macroeconomic forecasting and policy analysis. The candidates will be expected to utilize nowcasting and near-term forecasting tools, semi-structural gap models, and DSGE models tailored to the specific needs of different countries, including fragile and conflict-affected states (FCS), low-income countries (LICs), and emerging market economies (EMEs). Additionally, the selected candidates will deliver lectures and guide course participants through hands-on workshops that cover the ICD's training curriculum on macroeconomic and monetary policies, analytical methods, modeling, and forecasting. The role also requires active engagement in innovative approaches to develop and deliver capacity development, conducting research in relevant areas, and contributing to divisional and departmental projects as they arise.

Duties and Responsibilities:
The duties and responsibilities of the Economist/Senior Economists include:

• Developing and delivering capacity development programs in macroeconomic frameworks, focusing on monetary policy, exchange rate policy, and capital flow management.
• Providing technical assistance to central banks and macroeconomic management institutions to enhance their forecasting and policy analysis capabilities.
• Utilizing nowcasting and near-term forecasting tools, semi-structural gap models, and DSGE models tailored to various country contexts.
• Delivering lectures and conducting hands-on workshops for country officials and Fund staff on macroeconomic and monetary policies, analytical methods, and forecasting techniques.
• Engaging in research related to macroeconomic and monetary policy issues and contributing to divisional and departmental projects.
• Collaborating with team members and working independently to meet tight deadlines.
• Staying updated on Fund policies and practices and applying this knowledge in the delivery of technical assistance.

Required Qualifications:
Candidates must possess an advanced degree in economics or a related field, along with a minimum of four years of relevant professional experience. A strong academic and policy-oriented background in macroeconomics and modeling is essential. Candidates should have a good understanding of Fund policies and practices, as well as excellent analytical, written, and oral communication skills. Practical experience in delivering technical assistance in macroeconomic and macro-monetary frameworks is highly desirable. Candidates should be flexible, able to work under pressure, and demonstrate the ability to work both independently and as part of a team. Proficiency in CDMAP and knowledge of statistical and econometric techniques, particularly in software such as EViews and MATLAB, are advantageous. A track record of teaching and research in macroeconomics, monetary policy, exchange rate policy, and capital flow policies is also beneficial.

Educational Background:
The position requires an advanced degree in economics or a related field. This educational background should provide candidates with a solid foundation in macroeconomic theory, monetary policy, and econometric modeling techniques. Candidates are expected to have a comprehensive understanding of macroeconomic frameworks and the ability to apply theoretical knowledge to practical situations in the context of capacity development and technical assistance.

Experience:
Candidates should have at least four years of relevant professional experience in the field of economics, particularly in macroeconomic and monetary policy issues. Experience in delivering technical assistance and capacity development in macroeconomic frameworks is highly valued. Candidates should also have a proven track record of working in international settings, preferably with central banks or macroeconomic management institutions, and should be familiar with the challenges faced by different countries in implementing effective macroeconomic policies.

Languages:
Proficiency in English is mandatory for this position. Additionally, the ability to deliver capacity development in Arabic, Chinese, French, Russian, and/or Spanish would be considered an asset, enhancing the candidate's ability to communicate effectively with a diverse range of stakeholders and participants in training programs.

Additional Notes:
This position is a one-year contractual appointment, with the possibility of renewal for up to four years of cumulative contractual service, depending on performance, budget availability, and ongoing business needs. The IMF is committed to diversity and inclusion in its hiring practices and welcomes requests for reasonable accommodations for disabilities during the selection process. Information on how to request accommodations will be provided during the application process.