Work for the IMF. Work for the World.

The Monetary and Capital Markets Department (MCM) has a vacancy in the Payments, Currencies, and Infrastructure (PI) division for an experienced and motivated financial sector/senior financial sector expert in the area of cross-border payments. The IMF is actively helping countries improve cross-border payments, to make these cheaper, faster, more accessible, and more transparent.

The vacancy is for a three-year term appointment which can be converted to open ended, subject to satisfactory performances and budget availability.

The PI division works with countries directly through technical assistance and surveillance, and aims to offer intellectual leadership through analytical work. The division covers financial market infrastructures (FMIs) including payment systems, cross-border payments, digital money and assets including tokenization, as well as central bank digital currencies (CBDC).

The successful candidate will contribute to, and lead, policy, capacity development, and surveillance work in the area of cross border payments and payment platforms. Work entails close collaboration with external stakeholders and international bodies such as the Committee on Payments and Market Infrastructures (CPMI), the BIS, and the Financial Stability Board (FSB).

Responsibilities

• Leading, and contributing to, technical assistance missions to member countries, with a focus on novel solutions for improving cross-border payments and interlinking payment systems.
• Leading, and contributing to, bilateral surveillance missions to member countries, such as Financial Sector Assessment Programs (FSAPs) and Article IV missions, with a focus on cross-border payments.
• Leading, and contributing to, innovative and policy relevant analytical work in the area of cross-border payments and payment platforms.
• Participating in, and supporting, international working groups.
• Contributing actively to the division’s debates, interactions with the private sector, and outreach efforts.

Requirements

• And advanced degree in economic, finance, or related field and at least four years of relevant experience showing progressively more responsibility with a focus on cross-border payment infrastructures including extending operating hours, harmonizing messaging, ensuring compliance, and interlinking fast payment systems.
• Demonstrated capacity in strategic and analytical thinking and sound policy judgment. A proven track record of impactful policy advice and publications in the area.
• Strong analytical skills and a deep understanding international standards and guidance, as well as regulatory frameworks.
• Experience in leading projects and drafting policy papers.
• Participation in the work of international standard setting bodies (such as the CPMI).
• Experience working with or in central banks, international bodies, and/ or standard-setting bodies.
• Experience in providing technical assistance and/or bilateral surveillance, as well as an advanced degree relevant to the area of focus is a definite plus.
• Excellent writing and verbal communication skills.
• Strong initiative and organization skills.
• Excellent team player, diplomatic and partnership skills, and the ability to build/maintain relationships across the Fund and with country authorities and other international financial organizations.

Department:

MCMPI Monetary and Capital Markets Dept. Payments,Currencies & Infrastructure

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.