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The Payments, Currencies, and Infrastructure (PI) Division in MCM has an opening for a Division Chief/Assistant Director. The PI Division aims to offer thought leadership, capacity development, and policy advice on central bank and private digital currencies, payment systems, and financial market infrastructure, as well as on related macro financial implications. The selected candidate will lead the work of the Department in these areas, support the division’s analytical work, and manage the division.
The PI division explores concrete solutions to improve cross-border payments. It advises on financial markets infrastructure from a regulatory and technological perspective in FSAPs and capacity development. It serves as a single point of contact for area departments seeking advice on digital currencies, payments, and market infrastructure. It aims to provide intellectual leadership, technical assistance, and surveillance on payment systems, Central Bank Digital Currencies (CBDCs) and stablecoins.
The division collaborates closely with the Committee on Payments and Market Infrastructures (CPMI), the Bank for International Settlements, the Financial Stability Board, central banks and industry practitioners on payments, infrastructure, and digital currencies. The Division Chief is expected to lead and oversee the division’s activities, as well as manage and develop the division’s staff. He/she will be assisted by three Deputy Division Chiefs.
Key tasks of the position include: Supporting PI’s reputation as a repository of expertise in matters related to digital currencies, payments, and market infrastructure; Contributing to the development and dissemination of Fund policy positions and methodologies regarding technical assistance in the digitalization of money, banking and financial market infrastructures; Fostering cooperation, identifying synergies and strengthening integration across MCM and other Fund departments; Leading a broad range of missions, including FSAP and technical assistance missions; and Collaborating closely with relevant standard setting bodies, IFIs and representing MCM in international fora.
Qualifications
The successful candidate must have an excellent track record as manager of people and processes and should possess the following qualifications:
An advanced degree in finance, economics, business, or another relevant field and at least 15 years of relevant professional experience ;
Strong analytical skills and deep knowledge of the interplay between money, banking, capital markets, and technology;
Familiarity with payment systems, financial markets infrastructure, fintech and digital currency;
Working experience in central banks or regulatory authorities would be desirable;
Excellent writing and verbal communications skills.
A strong sense of initiative and team-work, impeccable organization and project management skills, and strong negotiation, diplomatic, and partnership skills to build and maintain relationships across the Fund and with country authorities and other international organizations.
All applicants are expected to include a Statement of Interest as an attachment to the application, which may be used in the screening process for this vacancy.
A regular staff member who is selected to fill the vacancy will maintain their open-ended status. If the selected candidate is a contractual employee, they will be offered a Term staff appointment. Staff members already on a term appointment will continue their current term but may receive an extension provided that their current term appointment has not already been extended.
The position requires Review Committee /Senior Review Committee Approval.
Department:
MCMPI Monetary and Capital Markets Dept. Payments,Currencies & InfrastructureHiring For:
B01, B02, B03The 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.
