Advisor/Assistant Director

Job Posting Organization:
The International Monetary Fund (IMF) is an international organization established in 1944 with the mission to promote global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The IMF has a diverse workforce of approximately 2,700 employees from over 150 countries, working in various capacities to support its mission. The organization operates in nearly every country in the world, providing financial assistance, policy advice, and technical assistance to its member countries.

Job Overview:
The position of Advisor/Assistant Director in the Monetary and Capital Markets (MCM) Department of the IMF is a senior role that involves advising and providing expertise on digital money and central bank operations. The successful candidate will report to the Deputy Director responsible for the Payment, Currencies and Infrastructure Division (MCMPI) and will work closely with the Division Chiefs of both MCMPI and the Central Bank Operations Division (MCMCO). The role requires a deep understanding of digital currencies, payment systems, and financial market infrastructure, as well as the macro-financial implications of these areas. The Advisor/Assistant Director will contribute to the operational work of the division, provide analytical leadership on cutting-edge issues, and manage technical assistance and surveillance activities across diverse countries and financial systems. This position also involves liaising with various stakeholders, including central banks and relevant bodies, and managing long-term experts in regional training centers. The selected candidate will play a crucial role in shaping the IMF's approach to digital money and central bank governance, ensuring that the organization remains at the forefront of developments in these critical areas.

Duties and Responsibilities:
The duties and responsibilities of the Advisor/Assistant Director include:

• Contributing to the operational work of the MCMPI division, providing analytical leadership on key issues related to digital money and central bank operations.
• Managing and leading technical assistance (TA) and surveillance activities to various countries and financial systems.
• Liaising internally with other MCM divisions and Fund departments, as well as externally with central banks and relevant bodies.
• Managing long-term experts in regional training centers to enhance capacity development.
• Leading analytical projects on significant issues in the field of digital currencies and central banking.
• Establishing and maintaining contacts with national authorities, academics, private sector representatives, and members of other international bodies.
• Engaging with central banks, policy institutions, and academics to foster collaboration and knowledge sharing.
• Representing the division and potentially the Fund in external bodies, international working groups, or at conferences.
• Providing advice to the front office of the MCM Department as requested. 1
• Contributing to MCM’s work in central bank operations and governance, including operational frameworks, liquidity provision, reserve management, and transparency.

Required Qualifications:
The ideal candidate for the Advisor/Assistant Director position should possess the following qualifications:

• An advanced degree in finance, economics, business, or a related field.
• A minimum of 15 years of professional experience, with a preference for candidates who have held senior leadership roles at central banks or policy institutions.
• A strong ability to produce innovative analytical work in the areas of digital money and central bank operations.
• Demonstrated intellectual leadership skills and a track record of delivering high-quality outputs consistently.
• Strong management skills, including the ability to organize, delegate, and plan projects effectively.
• A commitment to fostering a diverse and inclusive work environment.
• A reputation as a team player, respected by colleagues for a corporate mindset.
• Well-developed diplomatic and partnership skills to build strong collaborative relationships within the Fund and with country authorities.
• Excellent oral and written communication skills.

Educational Background:
Candidates must have an advanced degree in finance, economics, business, or a relevant field. This educational background is essential to understand the complexities of digital money, central banking, and financial market infrastructure, which are critical to the role.

Experience:
The position requires at least 15 years of professional experience, ideally including a senior leadership role at a central bank or policy institution. This level of experience is necessary to ensure that the candidate can effectively contribute to the operational work of the MCM Department and provide the analytical leadership required for the position.

Languages:
While the job description does not specify mandatory languages, proficiency in English is essential given the international nature of the IMF and its work. Additional languages may be beneficial, particularly those relevant to the countries and regions the candidate will be working with.

Additional Notes:
The position is classified under the B01, B02, B03 hiring levels within the IMF. The organization is committed to non-discrimination in employment 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.