IMF East Asia Recruitment Outreach: Visits to Singapore, Korea and Japan - November 12 - 23, 2018

International Monetary Fund (IMF)
  • Location
    Washington, D.C.
  • Sector
    Non Profit
  • Experience
    Mid Career
  • Posted
    Sep 25

Position description

The International Monetary Fund (IMF) will undertake a Recruitment Outreach Mission to East Asia and will be visiting Singapore, Korea and Japan between November 12 - 23, 2018. We are seeking to build a roster of suitably qualified candidates for future employment opportunities into individual contributor positions.

The Mission will conduct preliminary interviews for suitably qualified East Asian nationals for the experienced macroeconomist pipeline, financial sector experts and legal counsels. East Asia covers the countries in the ASEAN region plus China, Japan and Korea. Only shortlisted candidates will be contacted for the interviews.

Singapore will be used as a hub to interview candidates who are resident within the East Asian region. Candidates who are nationals of or resident in Japan and Korea will be interviewed during the mission visit to these countries. The IMF will cover the travel, hotel and per diem costs for all shortlisted candidates invited for interview in Singapore.

Compensation and Benefits:

The IMF offers a competitive salary combined with an excellent package supporting visa applications, relocation, allowances for children's education and home leave as well as first class health and pension benefits. Further details are provided here:

http://www.imf.org/external/np/adm/rec/workenv/workenv.htm

 Experienced Economists:

Experienced macroeconomists analyze complex economic issues and monitor economic developments in IMF member countries. Economists are responsible for alerting management of significant economic changes and issues; preparing reports following country visits; and handling issues related to the IMF's work, including taxation and public expenditure, international financial markets and financial stability, debt management, exchange rate management, and banking supervision. An experienced economist works in a division, reports to the division chief, and often participates in mission assignments as an important contributing member of a country team.

Macro-Financial Economists/Financial Sector Experts

-  Experience in monitoring, analyzing, and assessing risks in regional and global financial markets, systemically important banking systems, financial institutions and instruments, and implications of these risks and vulnerabilities on regional and global financial stability. Experience in the private sector, including in-depth knowledge of emerging and mature markets, would be an advantage.

- Strong financial research skills and a track record in macro-financial analysis and empirical work involving micro/financial data.

·   Proven expertise in financial sector supervision and regulation. Experience at a national central bank, regulatory and supervisory agency, or international regulatory standard setter are highly desirable.

·   Experience in providing policy and technical advice on bank restructuring and resolution, financial safety nets, distressed asset management, and strategies to address systemic financial crises; knowledge of international standards (e.g., deposit insurance, distressed asset management, and resolution-related topics).

·   Development and implementation of policy regarding sovereign debt management and risk, including in cases of debt reprofiling or debt restructuring;

·   Central bank operations and policy development in the following work streams: monetary and exchange rate operations and policies, macroprudential policies, official reserves management, financial markets infrastructure, central bank institutional frameworks (e.g., organization, risk management, accounting, etc.), and Fintech.

·   Strong analytical and quantitative skills to conduct policy-oriented research and analysis on financial sector issues.

·   Excellent ability to communicate concise and persuasive economic analysis and policy advice in writing and orally.

Financial Sector Experts (AML/CFT) – Legal Department

- Experience at the national or international level, preferably with a government legal or finance department, private law firm dealing with AML/CFT matters, financial sector regulator, supervisor, or agency responsible for financial sector policy; financial intelligence unit; or with the Financial Action Task Force (FATF) or a FATF style regional body (FSRB).

Legal Counsels:

The IMF’s Legal Department seeks to promote and preserve the rule of law and financial integrity in the IMF and its member countries, which is essential to the IMF in carrying out its mandate. In fulfilling its mission, the Legal Department provides top-quality, professional advice to the IMF's Board of Governors, Executive Board, management and staff, and to the authorities of member countries on IMF law and policy, IMF-related administrative issues, and domestic legal and operational policy issues relevant to the IMF's mandate. 

Excellent analytical skills and a high degree of demonstrated initiative and adaptability are required for all positions. The ability to work well under pressure, and the technical versatility and flexibility to handle a variety of legal issues are also essential. Excellent written and oral communication skills (including superior oral and written advocacy skills in the context of litigation), strong planning and organizational skills, and the ability to work well with counterparts of different cultural backgrounds are also necessary.

Qualifications

Economists: 

Successful candidates should have a graduate degree, preferably at the PhD level, in macroeconomics, financial economics or related fields, plus 2 to 8 years of relevant professional experience in macroeconomic analysis, policy formulation, research and academia in addition to proficiency with quantitative modeling and econometric packages. All experienced economist positions require strong analytical skills, and excellent written and oral communication skills in English. Selected candidates should demonstrate strong interpersonal and diplomatic skills to advise senior government officials on technical issues. Candidates should have an interest in, and aptitude for, working in a multicultural organization.

Financial Sector Experts

  • An advanced university degree in economics, finance, governance, business administration, international relations, law or a related field.
  • A minimum of 7 years of progressive experience in one or more fields of expertise relevant to MCM:

 Counsels:

Candidates for counsel positions must have completed their law degree (LLM or JD equivalent) and possess professional legal experience suitable for one of the following areas:

- In the Financial Integrity area, candidates should have a minimum of six years of professional experience with the application of Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) standards and practices.

- In the Country Law area, candidates should have a minimum of six years of professional experience in a legal capacity in a law firm, international organization, or governmental agency, working in international, financial, corporate, or commercial law; and good professional knowledge of aspects of national and international law.

- In the Administrative Law area, candidates should have a minimum of six years of professional experience in the resolution and litigation of employment-related disputes, advising on employment and procurement policies and the administration thereof in a law firm, international organization, or governmental agency.

- In the Financial Law area, candidates should have a minimum of six years of professional experience, which should include providing legal advice and drafting legal documents in one of more of the following areas: central banking; the regulation of banks and their treatment in insolvency proceedings; public financial management; and the regulation of non-bank financial institutions. This experience could have been acquired in the public sector (e.g., central bank, ministry of finance, or supervisory agency) or private sector, but an aptitude for advising on those matters from a public policy perspective is essential.

Application instructions

Please be sure to indicate that you saw this position on Globaljobs.org

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