Regional Advisor (Long-Term Expert) in Financial Integrity

Job Posting Organization:
The International Monetary Fund (IMF) is an international organization established 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 was founded in 1944 and currently has a membership of 191 countries. The organization employs a diverse workforce, including legal experts, economists, and financial sector specialists, and operates in various countries across the globe, providing financial assistance and policy advice to its member nations. The Legal Department (LEG) of the IMF plays a crucial role in ensuring financial integrity and compliance with international standards, particularly in the areas of anti-money laundering and combating the financing of terrorism (AML/CFT).

Job Overview:
The position of Regional Advisor, also referred to as a Long-Term Expert (LTX), is focused on enhancing financial integrity within member countries in Latin America and the Caribbean. The successful candidate will be responsible for providing capacity development (CD) support in financial integrity matters, particularly in AML/CFT. This role involves working closely with the Legal Department to deliver high-quality advisory services, conducting needs assessments, and developing frameworks and strategies for member countries. The LTX will also participate in missions, workshops, and seminars aimed at strengthening the financial integrity framework of the region. The position requires a proactive approach to liaising with various stakeholders, including government officials and other international organizations, to promote effective financial integrity practices.

Duties and Responsibilities:
The duties and responsibilities of the Regional Advisor include: 1) Providing, managing, and coordinating capacity development in financial integrity, including AML/CFT, to Fund member countries in Latin America and the Caribbean; 2) Offering advisory services on financial integrity issues, conducting needs and risk assessments, and drafting AML/CFT frameworks and strategies; 3) Participating in LEG missions and providing offsite advice; 4) Engaging in AML/CFT assessment missions and managing related research and reviews; 5) Organizing and facilitating workshops and seminars for officials of IMF member countries; 6) Preparing documents for internal review and ensuring timely transmission to member country authorities; 7) Compiling regular reports on ongoing activities and contributing to annual reports on AML/CFT capacity development; 8) Liaising with Fund resident advisors and technical assistance centers; 9) Coordinating with other capacity development providers; 10) Carrying out additional assignments as directed by the Head or Deputy Head of the Division.

Required Qualifications:
Candidates must possess a relevant academic background, ideally with an advanced degree in law, economics, finance, international relations, business administration, governance, or a related field. A minimum of six years of relevant professional experience is required, with at least four years of direct experience in financial integrity issues. Candidates should have a deep understanding of AML/CFT frameworks and practices, as well as familiarity with international standards and Fund policies. Strong analytical skills, sound judgment, and the ability to work collaboratively with diverse teams are essential. Excellent oral and written communication skills in English are mandatory, with proficiency in Spanish considered an advantage.

Educational Background:
The educational background required for this position includes an advanced degree in a relevant field such as law, economics, finance, international relations, business administration, or governance. Candidates should have a strong foundation in financial integrity and AML/CFT issues, supported by their academic qualifications.

Experience:
Candidates should have a minimum of six years of relevant professional experience, with at least four years of direct experience in financial integrity matters. This experience should ideally include work within a national government, an international organization, or a specialized domestic entity such as a financial intelligence unit or AML/CFT supervisor. Experience with the Financial Action Task Force (FATF) or a FATF-style regional body is also preferred.

Languages:
Proficiency in English is mandatory for this position, as the successful candidate will be required to communicate effectively in both oral and written forms. Proficiency in Spanish is considered a plus and would enhance the candidate's ability to engage with stakeholders in Latin America and the Caribbean.

Additional Notes:
This position is a one-year contractual appointment with the possibility of extensions based on funding availability, continued demand, and satisfactory performance. Candidates should be prepared to reside in Barbados and travel frequently to member countries in Latin America and the Caribbean. Daily interaction with colleagues in Washington D.C. and occasional travel to IMF headquarters will also be required. Applicants must include a Statement of Interest with their application, which may be used in the screening process. The IMF is committed to diversity and welcomes applications from individuals of various backgrounds.