Job Posting Organization: The International Monetary Fund (IMF) is a global organization established to promote international monetary cooperation, facilitate balanced trade and economic growth, and provide resources to member countries in need. The IMF's Institute for Capacity Development (ICD) focuses on enhancing the capacity of member countries to design and implement effective macroeconomic policies. The IMF's Regional Office in Riyadh was established in 2024 to support economic policymaking and reforms in the Gulf Cooperation Council (GCC) and the broader Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region. The organization operates in numerous countries worldwide, employing thousands of staff dedicated to fostering economic stability and growth.
Job Overview: The Resident Macroeconomic Frameworks Advisor will play a crucial role in supporting member countries in improving their macroeconomic forecasting and analytical capabilities. This position involves delivering technical assistance (TA) and training to central banks, ministries of finance, and relevant government agencies. The advisor will work closely with IMF country teams and other stakeholders to ensure that the macroeconomic frameworks developed are tailored to the specific needs of each country. The role requires a deep understanding of macroeconomic policies and the ability to engage with various stakeholders to facilitate effective dialogue and capacity development. The advisor will also be responsible for preparing medium-term projects and work plans, coordinating with development partners, and contributing to the corporate work of the Regional Office.
Duties and Responsibilities: The Macroeconomic Frameworks Advisor will undertake a variety of tasks, including: delivering and coordinating technical assistance and training on macroeconomic frameworks; preparing medium-term projects and work plans in collaboration with country authorities; proposing candidates for short-term expert positions; maintaining close contact with IMF country teams; preparing necessary documentation for TA and training; consulting with development partners to ensure complementarity of efforts; and contributing to the corporate work of the Regional Office. The advisor will also oversee budget expenses and results-based management reporting, ensuring that all activities align with the IMF's capacity development objectives.
Required Qualifications: Candidates must possess a post-graduate degree in Economics and have at least five years of relevant professional experience. Practical knowledge of the IMF's financial programming framework is essential, and experience as an IMF country desk economist is considered a plus. Candidates should demonstrate excellent data management and analytical skills, proficiency in MS Excel, and experience in macroeconomic modeling and forecasting. Familiarity with software such as Matlab, Python, EViews, Dynare, or Iris is advantageous. Strong communication skills in English are mandatory, while proficiency in Arabic and French is a plus. Exceptional organizational, interpersonal, and diplomatic skills are also required, along with the ability to work effectively in teams.
Educational Background: A post-graduate degree in Economics is required for this position. This educational background should provide candidates with a solid understanding of macroeconomic principles, analytical techniques, and the ability to apply these concepts in real-world scenarios.
Experience: Candidates should have a minimum of five years of relevant professional experience in the field of economics, particularly in macroeconomic analysis and policy development. Experience working with international organizations, especially in a capacity development context, is highly desirable. Familiarity with the IMF's operational frameworks and methodologies will be considered an asset.
Languages: Strong spoken and written communication skills in English are mandatory for this position. Proficiency in Arabic and French is considered advantageous, as it will facilitate communication with a broader range of stakeholders in the region.
Additional Notes: The selected candidate is expected to take up the position in Riyadh in July/August 202
The initial appointment will be for a period of one year, with the possibility of extension based on performance and ongoing budget/business needs. The IMF offers a competitive compensation and benefits package that reflects the skills and experience of the successful candidate. The organization is committed to diversity and inclusion, ensuring that employment decisions are made without discrimination against any individual.
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