Division Chief/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 Payments, Currencies, and Infrastructure (PI) Division within the Monetary and Capital Markets Department (MCM) of the IMF is seeking a Division Chief/Assistant Director. This position is pivotal in leading the division's efforts to provide thought leadership, capacity development, and policy advice on central bank and private digital currencies, payment systems, and financial market infrastructure. The selected candidate will be responsible for overseeing the division's analytical work, managing staff, and ensuring the division's activities align with the IMF's broader objectives. The role involves exploring innovative solutions to enhance cross-border payments and advising on financial market infrastructure from both regulatory and technological perspectives. The Division Chief will also represent the IMF in international forums and collaborate with various stakeholders, including central banks and industry practitioners, to advance the division's mission.

Duties and Responsibilities:
The Division Chief/Assistant Director will have a comprehensive set of responsibilities, including:

• Leading and managing the PI Division's activities, ensuring alignment with the IMF's strategic goals.
• Supporting the division's reputation as a leading authority on digital currencies, payments, and market infrastructure.
• Contributing to the development and dissemination of IMF policy positions and methodologies related to the digitalization of money and financial market infrastructures.
• Fostering collaboration and synergies across the MCM and other IMF departments.
• Leading missions, including Financial Sector Assessment Program (FSAP) and technical assistance missions.
• Collaborating with relevant standard-setting bodies and international financial institutions (IFIs) to represent the IMF's interests in global discussions.
• Managing and developing the division's staff, ensuring a high level of performance and professional growth.

Required Qualifications:
The ideal candidate must possess a strong track record in managing teams and processes, with the following qualifications:

• An advanced degree in finance, economics, business, or a related field.
• A minimum of 15 years of relevant professional experience in the financial sector.
• Strong analytical skills and a deep understanding of the relationship between money, banking, capital markets, and technology.
• Familiarity with payment systems, financial markets infrastructure, fintech, and digital currencies.
• Experience working in central banks or regulatory authorities is highly desirable.
• Excellent writing and verbal communication skills, with the ability to convey complex ideas clearly and persuasively.
• A strong sense of initiative, teamwork, and impeccable organizational and project management skills.
• Strong negotiation, diplomatic, and partnership skills to build and maintain relationships across the IMF and with external stakeholders.

Educational Background:
Candidates must hold an advanced degree in finance, economics, business, or another relevant field. This educational background is essential to ensure a comprehensive understanding of the complex financial systems and economic principles that underpin the work of the IMF and the PI Division.

Experience:
The position requires at least 15 years of relevant professional experience, which should include significant managerial responsibilities. Candidates should have a proven track record of leading teams and managing complex projects within the financial sector, particularly in areas related to digital currencies, payment systems, and financial market infrastructure.

Languages:
Fluency in English is mandatory, as it is the working language of the IMF. Proficiency in additional languages is considered an asset, particularly languages that are commonly used in international finance and diplomacy, which may enhance communication with diverse stakeholders.

Additional Notes:
The position is classified under the B01, B02, B03 hiring levels within the IMF. Selected candidates will maintain their open-ended status if they are regular staff members. If the selected candidate is a contractual employee, they will be offered a Term staff appointment. The position requires Review Committee/Senior Review Committee Approval. The IMF is committed to diversity and inclusion in its hiring practices and welcomes requests for reasonable accommodations for disabilities during the selection process.