The Monetary and Capital Markets department of the International Monetary Fund has an opening for Financial Sector Expert/Sr. Financial Sector Expert to work in its Global Markets Analysis (GA) division. The position is based in GA’s New York City office.

 

The main missions of the GA Division are:

• Lead the Fund’s work on global financial market surveillance, with emphasis on developments that have macroeconomic or financial stability implications for advanced and emerging markets.
• Analyze changes in systemically important markets, banking systems and financial institutions to provide Fund leadership consistent and well-informed views about financial risks and policies.
• Use this analytical work to draft the Global Financial Stability Report (GFSR), a semi-annual flagship report of the Fund.
• Assist MCM and other departments in bilateral work, including Financial System Assessment Programs (FSAPs), Technical Assistance (TA), and Article IV missions.

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The main responsibilities of the Financial Sector Expert will include:

 

• Monitor, interpret, and provide in-depth assessment of risks and vulnerabilities across global financial markets, with a focus on activities likely to have a significant impact on financial stability at the regional or global level.
• Ensure a specific coverage of the US financial market and the US monetary policy-related topics.
• Represent the Fund at industry conferences; interface with and act as a liaison with financial market participants to obtain context for asset price movements; serve as the on-the-ground analyst for the Global Markets division in NYC.
• Develop tools for market surveillance, valuation, default analysis, and methods for assessing risks to financial stability.
• Play a substantial role in drafting the GFSR, assist in developing policy recommendations in conjunction with experts in other divisions, and contribute to the daily Global Markets Monitor.
• Play a significant role in interdepartmental forums to present departmental views on financial market developments and risks. Prepare detailed written analyses and present oral briefings on market developments to IMF staff.
• Lead market surveillance missions and maintain constant dialogue with financial market participants to gauge emerging stability risks.

 

Requirements for this position include the following:

 

• An advanced degree in economics, finance, business administration, or a related field.
• Established track record of at least four years of experience in the financial industry, a central bank, or research experience, or other related experience in market analysis, policy making, and economic research.
• An extensive network of current contacts in New York, spanning both market participants and the official sector, and demonstrated ability to leverage these contacts to inform high frequency market surveillance.
• The ability to cultivate and maintain relationships with financial market participants and market groups at other institutions.
• A proven knowledge of financial market microstructure and ability to interpret and analyze complex issues under pressure, both independently and in teams, and to provide concise, insightful written analysis.
• A solid understanding of macroeconomic theory, monetary policy, fiscal, and balance of payments analysis.
• Proficiency in financial modeling and quantitative methods and familiarity with financial market data, macroeconomic data, and latest econometric techniques and software. Ability to work independently in a high-performance team atmosphere, promote collaboration and teamwork.
• Strong communication and writing skills.

 

This is a two-year contractual appointment. Contractual appointments at the IMF are renewable for up to four years of cumulative contractual service, pending incumbent’s performance, budget availability, and continuous business need.

 

Department:

MCMGA Monetary and Capital Markets Dept. Global Markets Analysis

Hiring For:

A11, A12, A13, A14

The IMF is committed to achieving a diverse staff, including age, creed, culture, disability, educational background, ethnicity, gender, gender expression, nationality, race, religion and beliefs, and sexual orientation. We welcome requests for reasonable accommodations for disabilities during the selection process.