Work for the IMF. Work for the World.
The economist/senior economist will contribute to the Concessional Lending (CL) Division of SPR, which is responsible for designing and evaluating policies related to all Fund’s concessional financing arrangements. The division leads the review on program, near‐program, and PPM for the Fund’s low-income countries (LICs), currently covering about 70 countries (including 2 currency unions). The division is at the forefront of work to modernize Fund facilities, strengthen the global financial safety net for LICs, and formulate new thinking on how to collaborate with development partners. It leads the strategic development of PRGT toolkits in collaboration with the Finance and Legal Departments, monitors the implementation of related policies, and periodically proposes ways to re-design Fund programs and conditionality, in collaboration with the Non-Concessional Lending (NL) Division, which is responsible for policies related to use of the GRA. In addition, the division leads Fundwide work in several other areas including fragile and conflict-affected states and the annual report on macroeconomic developments and prospects in LICs. To inform its review and analytical work, the division places emphasis on cross-country analysis aimed at identifying common economic and policy issues across program countries.
The selected candidate would contribute to all aspects of the division’s work. A key aspect is reviews for programs and AIVs of PRGT program/near-program/post-program country documents, including policy notes and staff reports. Relatedly, the selected economist/senior economist would be expected to support policy work related to the Fund’s lending toolkit and analytical and cross-country work on LIC-related issues. Across these workstreams, the selected economist/senior economist would contribute to Board and other policy papers and departmental or management requests. As appropriate, the selected economist/senior economist would also have opportunities to lead in various parts of these workstreams. Additionally, the selected candidate could be SPR economist on a country team.
In addition to the qualifications set forth in the job standards, the successful candidate should have a demonstrated ability to think originally, work independently, execute multiple tasks, meet tight deadlines, and work well under pressure. Analytical depth, strong communication and drafting skills, and a solid understanding of Fund policies and their role in the international monetary system are also required for success in this position. The candidate should be a team player, with strong interpersonal and diplomatic skills.
SPRCL Strategy, Policy, and Review Dept. Concessional Lending Division
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.
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.
To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies.
The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries.
Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics.
