About the role

Aplyr's Quick Take

This role is for a senior expert in financial risk analysis at the IMF, focusing on stress testing and financial stability assessments. You'll actively participate in the Financial Sector Assessment Program, develop analytical tools, and collaborate with various stakeholders. It's primarily an individual contributor role with some leadership responsibilities in projects.

Good fit

Ideal candidates have a Ph.D. in economics or finance and at least four years of relevant experience. A proactive, innovative mindset and strong analytical skills are essential, along with the ability to work collaboratively.

Worth noting

The position involves significant interaction with senior staff and country authorities, which may appeal to those looking for high-level engagement. The emphasis on teaching and technical assistance could be a unique opportunity for candidates interested in knowledge sharing.

Work for the IMF. Work for the World.

The Monetary and Capital Markets Department (MCM) of the International Monetary Fund (IMF) has a contractual HQTA vacancy in the Financial Sector Assessment and Policies (FS) Division for an experienced expert with outstanding skills in risk analysis, stress testing, and financial stability/systemic risk analytics. The expert will be based in the IMF's headquarters in Washington, D.C.

The FS division has four main roles: (1) managing and reviewing the Financial Sector Assessment Program (FSAP), including its financial stability risk assessment; (2) developing FSAP policies and instruments, including integrating

the FSAP with other financial surveillance; (3) developing, applying, and evaluating analytical tools for financial stability assessment (including stress testing, macroeconomic models with financial sector, household and corporate vulnerability analysis with micro data, interconnectedness, spillover analysis, and other macro-financial analyses); and (4) disseminating the analytical tools to internal and external audiences through technical assistance, technical cooperation, and teaching.

The selected candidate is expected to join FSAPs as a stress tester (or mission leader) and play an active role in the Division’s analytical agenda, often through FSAP work. The agenda includes (a) developing, improving, and applying stress testing and systemic risk assessment tools for FSAPs; (b) developing tools for assessment of emerging issues, such risks from NBFIs and market finance; and (c) strengthening system-wide risk analysis addressing bank-NBFI, NBFI-NBFI interconnectedness and risks from cross-border financial flows using transaction-level or other micro-level data. In addition, he/she would be expected to contribute to the Division’s regular review work largely for FSAPs, as well as support the Division-wide projects such as producing board papers. The work will involve active collaboration with specialists inside and outside the Fund, interactions with senior staff and country authorities and participation in technical assistance and teaching in quantitative risk assessment.

Qualifications

The successful candidate should possess an advanced university degree (Ph.D. preferred) in economics, finance, or a related field. with at least four years of relevant experience. We are in search of a motivated, innovative candidate, familiar with or capable of learning technical work on assessing financial stability. Specifically, we are looking for someone comfortable with econometric modeling (e.g., panel regressions and structural vector autoregressions). Capacity to code in some quantitative modeling software, such as MATLAB, R, Python, and Stata, and/or adopt advanced AI tools for risk analysis would be desirable. The candidate should be able to keep up to date on policy analysis and research in the fast-growing field of quantitative financial stability analysis. The candidate must be a team player, with demonstrated capacity to deliver under tight deadlines as well as strong oral and written communication 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:

MCMFS Monetary and Capital Markets Dept. Fin Sector Assessments & Policies

Hiring For:

A11, A12, A13, A14

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.

Aplyr's read

The International Monetary Fund is a pivotal global organization where experts shape economic policies and manage financial stability across diverse international landscapes.
Synthesized from recent postings & public sources

What's promising

•IMF offers unique exposure to global economic policy-making and international finance.
•Employees engage in high-impact work that influences global economic stability.
•Opportunities for professional growth through diverse, international assignments.

What to watch

•The bureaucratic nature can slow decision-making processes.
•High-pressure environment due to the critical nature of work.
•Limited public information about work-life balance policies.

Why International Monetary Fund

•IMF's influence on global economic policies is unparalleled.
•It provides direct involvement in international financial assistance programs.
•The organization offers a multicultural working environment with a global perspective.

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About International Monetary Fund

International Monetary Fund

imf.org

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The International Monetary Fund (IMF) is an international organization that aims to promote global economic stability and growth by providing financial assistance, policy advice, and technical assistance to its member countries.