Job Openings at International Monetary Fund 2019
Career Kenya: Job Openings at International Monetary Fund 2019
Employment vacancy : Today Recruitment Kenya

The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF’s primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards.

 

Job Details

The Fiscal Affairs Department (FAD) of the International Monetary Fund is seeking an experienced public financial management (PFM) expert for a position based at the IMF’s regional technical assistance center (RTAC) located in Guatemala. The Central America, Panama, and the Dominican Republic Regional Technical Assistance Center (CAPTAC-DR) located in Guatemala covers seven Central American countries. Candidates for this position may also be considered for other upcoming vacancies in similar RTACs.

The advisor will work under the administrative control of the respective Center Coordinator and technical supervision of FAD. Their main role will be to support the IMF’s institution building efforts in countries served by their respective centers, by coordinating and delivering the center’s PFM capacity development program to the respective ministries of finance and related institutions. The advisor will also participate in the capacity development activities undertaken directly by FAD. The advisor will be appointed for an initial period of one year and may be extended up to a maximum period of four years.

The Successful Candidate Should Have Experience Of Designing And Implementing PFM Reforms At The National Level In One Or More Of The Subject Areas Mentioned Below

Applicants should have a relevant University degree or equivalent (at least at master’s level), preferably in economics, finance or accounting. Preference will be given to applicants with a minimum of 15 years of practical experience in a senior line or advisory position within a ministry of finance or international financial institution.

  • Budget formulation, including medium-term fiscal and expenditure frameworks, and program budgeting
  • Budget execution, including accounting and reporting;
  • Treasury systems, and cash and debt management;
  • Legislative framework for budgeting, treasury, debt and fiscal management;
  • Internal control and internal audit;
  • Government financial management information systems

Applicants should be proficient in English; have strong oral and written communication skills (including electronic media); have excellent interpersonal skills and the ability to work as part of a team, maintaining effective and cooperative relations with national authorities and donors at a senior level, and handling sensitive issues with discretion in a multicultural environment. Experience in developing, organizing and conducting training courses and workshops would be desirable. Spanish proficiency is a must for this position in Guatemala. A willingness to travel extensively will be necessary. Knowledge of regional PFM systems and reforms and a thorough understanding of IMF TA strategies and practices will be highly desirable.

The IMF is committed to achieving a diverse staff, including gender, nationality, culture and educational background.

 

The Monetary and Capital Markets Department (MCM) of the International Monetary Fund (IMF) is seeking an experienced expert to work as Resident Advisor in monetary and foreign exchange operations at the Central America, Panama, and the Dominican Republic Regional Technical Assistance Center (CAPTAC-DR) in Guatemala City, Guatemala. CAPTAC-DR covers 7 jurisdictions in the region, namely Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and The Dominican Republic.

Duties And Responsibilities

The main responsibility of the advisor will be to help identify and address the capacity-building and other technical assistance needs of CAPTAC-DR member countries in the area of monetary policy implementation, including open market operations, standing facilities, reserve requirements, liquidity forecasting, collateral lists, emergency liquidity assistance, and communication with the market as well as foreign exchange operations, including intervention strategy, instruments, foreign reserve management, development of hedging market, and communication with the market. Experience in related areas of macroprudential policy and stress testing is desirable, as TA in these related areas may be delivered or coordinated by the advisor with support from HQ prior to HQ approval. Excellent communication and written skills are important to effectively interact with country authorities. Fluency in Spanish and English is essential.

To This End, The Advisor Will

The work program of the advisor covers capacity building and training in the aforementioned topics.

  • Provide, manage, and/or coordinate Technical Assistance (TA) on monetary policy and foreign exchange market operations to member countries by:
  • Participating in missions, either alone or with short-term experts that are on the MCM’s roster;
  • Fielding and backstopping experts identified from the MCM roster and hired by CAPTAC-DR;
  • Preparing relevant documentation for each mission, consistent with the established MCMTA procedures. This includes preparation of a briefing paper prior to every mission, provision of a draft report at the end of every mission to be left with authorities for comments, finalizing the report following MCM and the Western Hemisphere Department (WHD) review, and preparation of a back-to-office report upon returning to CAPTAC-DR;
  • Participating in MCM missions and coordinating with MCM on its delivery of TA to the member countries within the context of the CAPTAC-DR’s work plan; and
  • Organizing, conducting and facilitating workshops and/or seminars on topics within the mandate, for staff members, at both country and regional levels, after consultation with HQ.
  • Prepare annual assessments of capacity-building needs in member countries, taking account of previous TA delivery and developing circumstances. This work will include:
  • Preparing a 12-month work plan in collaboration with the country authorities and the Center Coordinator (CC), and in coordination with MCM;
  • Updating the 3-year work plan as part of the RBM framework; and
  • Contributing to the CAPTAC-DR annual report on the achievements of the work plan to be presented to its Steering Committee.
  • Monitor and assess the implementation of the workplan in line with the RMB framework, and disseminate capacity building achievements, in coordination with the CC.

The Selected Individual Would Preferably Have

  • At least ten-years experience in monetary and foreign exchange operations in a central bank;
  • Some work experience in the market would be a plus;
  • A graduate degree in economics;
  • Strong oral and written communication skills in Spanish and English;
  • Excellent interpersonal skills, and ability to work as part of a team, including other long-term and short-term experts to maintain effective and cooperative relations with national authorities (including senior government officials) and donors, and to handle sensitive issues with discretion in a multicultural environment;
  • Willingness to undertake significant travel within the region. If needed, for certain high-risk countries, the TA can be delivered outside the high-risk country through out-of-country meetings and training; and
  • Familiarity with modern computer systems and applications.

The selected individual would initially be hired for one to two years (contractual appointment), with a possible extension up to a maximum of five years.

The IMF is committed to achieving a diverse staff, including gender, nationality, culture and educational background.

 

Job Details

The Fiscal Affairs Department (FAD) of the International Monetary Fund is seeking an experienced public financial management (PFM) expert for a position based at the IMF’s regional technical assistance center (RTAC) located in Barbados. The Caribbean Regional Technical Assistance Center (CARTAC) located in Barbados covers 21 Caribbean countries. Candidates for this position may also be considered for other upcoming vacancies in similar RTACs.

The advisor will work under the administrative control of the Center Coordinator and technical supervision of FAD. Their main role will be to support the IMF’s institution building efforts in countries served by their respective centers, by coordinating and delivering the center’s PFM capacity development program to the respective ministries of finance and related institutions. The advisor will also participate in the capacity development activities undertaken directly by FAD. The advisor will be appointed for an initial period of one year and may be extended up to a maximum period of four years.

The Successful Candidate Should Have Experience Of Designing And Implementing PFM Reforms At The National Level In One Or More Of The Subject Areas Mentioned Below

Applicants should have a relevant University degree or equivalent (at least at master’s level), preferably in economics, finance or accounting. Preference will be given to applicants with a minimum of 15 years of practical experience in a senior line or advisory position within a ministry of finance or international financial institution.

  • Budget formulation, including medium-term fiscal and expenditure frameworks, and program budgeting
  • Budget execution, including accounting and reporting;
  • Treasury systems, and cash and debt management;
  • Legislative framework for budgeting, treasury, debt and fiscal management;
  • Internal control and internal audit;
  • Government financial management information systems

Applicants should be proficient in English; have strong oral and written communication skills (including electronic media); have excellent interpersonal skills and the ability to work as part of a team, maintaining effective and cooperative relations with national authorities and donors at a senior level, and handling sensitive issues with discretion in a multicultural environment. Experience in developing, organizing and conducting training courses and workshops would be desirable. A willingness to travel extensively will be necessary. Knowledge of regional PFM systems and reforms and a thorough understanding of IMF TA strategies and practices will be highly desirable.

The IMF is committed to achieving a diverse staff, including gender, nationality, culture and educational background.

Method of Application

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