Division Chief/Assistant Director

Job Posting Organization:
The International Monetary Fund (IMF) is a global organization established in 1944 with the mission to promote international monetary cooperation, facilitate balanced growth of international trade, and provide resources to member countries in need. The IMF has a workforce of approximately 2,700 employees and operates in 190 countries, providing financial assistance, policy advice, and technical assistance to its member nations. The organization plays a crucial role in maintaining global economic stability and fostering sustainable economic growth.

Job Overview:
The Division Chief/Assistant Director position in the Capital Flow Division (CF) of the Monetary and Capital Markets Department (MCM) at the IMF is a senior leadership role focused on capital flows. The CF Division is responsible for providing policy guidance on capital flow management tools and capital account liberalization. The selected candidate will lead the division's workplan, manage projects, and allocate staff resources effectively. This role requires a deep understanding of capital flow issues, including the implications of financial system changes and digital technologies. The candidate will also oversee the maintenance and publication of the 'AREAER' database, which tracks exchange measures of IMF members, and will collaborate closely with other departments and country authorities to ensure compliance with the Fund's Articles of Agreement.

Duties and Responsibilities:
The selected candidate will be responsible for a range of managerial and leadership activities, including: developing and implementing the division’s workplan; leading projects and guiding staff resource allocation; providing expert technical advice on capital flow management and liberalization; formulating and guiding an analytical agenda on capital flow issues; overseeing the annual update and publication of the 'AREAER' database; collaborating with other Fund departments on exchange restrictions and compliance assessments; advising senior MCM staff and Fund Management on capital flow issues; and representing the CF Division at external bodies and international conferences.

Required Qualifications:
Candidates must possess an advanced degree in economics or a related field, with a Ph.D. being advantageous. A minimum of 15 years of relevant professional experience is required, along with strong analytical and quantitative skills. Extensive expertise in policy making, advising, and strategic analytical work related to capital flows and financial stability is essential. A proven track record in leading analytical work and authoring impactful research publications is highly desirable. Significant experience working with central banks, international bodies, or standard-setting organizations is also required. Candidates should demonstrate proven management experience, including mentoring staff, fostering teamwork, and effective delegation.

Educational Background:
An advanced degree in economics or a related subject is mandatory for this position. A Ph.D. with a quantitative orientation is preferred, as it indicates a higher level of expertise in analytical methods relevant to capital flows and financial stability.

Experience:
The position requires at least 15 years of relevant professional experience, which should include significant expertise in capital flows, financial stability, and policy-making. Candidates should have a strong background in leading analytical projects and a history of impactful research publications. Experience working with or in central banks and international organizations is crucial, as is proven management experience in mentoring and leading teams.

Languages:
While the job description does not specify mandatory languages, proficiency in English is essential given the international nature of the IMF. Additional languages may be beneficial for communication with diverse member countries and international bodies.

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. Those on term appointments may receive an extension if their current term has not already been extended. The IMF is committed to non-discrimination in employment and welcomes requests for reasonable accommodations for disabilities during the selection process.