Financial Counsellor and Director of the Monetary and Capital Markets Department

Work for the IMF. Work for the World.

The IMF is seeking a Financial Counsellor and Director of the Monetary and Capital Markets Department (MCM) at its headquarters in Washington, D.C. MCM consists of over 320 employees. Its mission is to provide intellectual leadership and expertise for the IMF's work on central banking, capital markets and financial stability assessment, in the context of the IMF's overall surveillance activities, engagement with global and regional regulatory bodies, as well as capacity building support to the IMF’s membership.

The Financial Counsellor and Director of the Monetary and Capital Markets Department is responsible for the IMF's work on financial sector, capital markets, and central banking issues. Specific tasks of the department include the preparation of the IMF's Global Financial Stability Report (GSFR); management of the joint Bank-Fund Financial Stability Assessment Program; delivery of a large program of technical assistance on financial sector policy issues; global thought leadership on financial and monetary issues: provision of technical and policy support for the IMF's surveillance and lending operations; and also, more broadly, helping to promote the stability of the global financial system.

The selected candidate is expected to provide overall leadership in all these areas and to further enhance the IMF’s analytical breadth and depth on a wide range of issues—including monetary policy, macroprudential policy, international banking, the financial sector, artificial intelligence, financial technology, and the digitization of the financial system; and facilitate cutting-edge research that will continue to cement the profile of the IMF as a thought leader on financial and monetary issues. He/she will represent the IMF in a wide range of international fora and be a key member of the IMF's senior management team. Applicants should have extensive experience in financial sector, capital markets, and central banking issues; and be well recognized in the international economic/financial environment. A combination of private and public sector experience would be highly desirable.

Key requirements are:
• Proven ability to provide intellectual and strategic leadership on financial sector, capital markets, central banking issues;
• Extensive relevant experience gained at a senior executive level in either private or public financial sector organizations including a strong reputation as a leader;
• A deep understanding of and exposure to capital and financial markets, and an excellent understanding of financial sector regulation and supervision issues, as well as artificial intelligence, digital money and financial technology;
• Familiarity with the work of the IMF and/or experience in dealing with country-specific and international financial policy issues;
• Ability to communicate in a clear, persuasive, tactful, impactful and inspiring manner, as well as a capacity to engage effectively with media as the face of the Fund on financial stability issues and as the face of the department within the Fund.
• Demonstrated capacity to interact effectively and build close effective working relationships both externally (e.g., with senior policymakers, World Bank, BIS, FSB, and other standard setting bodies) and internally (e.g., the Executive Board, management, and other departments);
• Outstanding leadership skills and demonstrated ability to think strategically, translate priorities into effective plans, and a strong capacity to foster and facilitate change and innovation; and
• Strong track record in organizing, delegating, and managing staff, complemented by excellent interpersonal, negotiating, influencing, and communication skills.

Department:

MCMAI Monetary and Capital Markets Dept. Immediate Office

Hiring For:

B05

The IMF is guided by the principle that the employment, classification, promotion, and assignment of staff shall be made without discrimination against any person. We welcome requests for reasonable accommodations for disabilities during the selection process. Information on how to request accommodations will be provided during the application process.