Resident Advisor in Monetary and Foreign Exchange Operations

Work for the IMF. Work for the World.

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 IMF Capacity Development Office of Thailand (CDOT) in Bangkok, Thailand. CDOT was established in Bangkok, Thailand in September 2012, originally as the IMF Technical Assistance Office for Lao P.D.R. and Myanmar (TAOLAM). The core beneficiary countries are Myanmar, Lao P.D.R., Cambodia, and Vietnam. Presently, CDOT’s activities in Myanmar are paused and some CDOT’s capacity development activities (CD) also cover other countries in Southeast Asia and in the Pacific Island region. The CDOT’s activities are made possible with to the support from the Government of Japan and the Bank of Thailand.

**Responsibilities**:
The advisor will plan and provide CD to the CDOT countries in consultation with MCM and CDOT director. Specifically, the advisor will:
Provide Technical Assistance (TA) and Training in monetary and foreign exchange operations for the member countries covered by CDOT. This work will include:
- Delivering MCM TA and Training missions to member countries within the CDOT’s work plan, either alone or with the MCM’s short-term experts; providing offsite advice to the authorities; prior to any mission, submitting a briefing paper for the MCM internal review and approval by MCM and CDOT director; at the end of every mission submitting a draft report to the authorities for their comments; finalizing the report following internal review by MCM and the Asia Pacific Department (APD); and submitting the final report to the authorities through CDOT.- Hiring, fielding, and backstopping short-term experts from the MCM roster;- Liaising, as applicable, with MCM and ICD on capacity development initiatives that cover monetary policy implementation issues;- Liaising, as applicable, with the MCM country resident advisor in monetary operations on the MCM TA and Training delivery activities in this country;- Organizing, conducting, and facilitating workshops and/or seminars on relevant topics for the authorities, at both country and regional levels, including workshops in collaboration with other CDOT advisors, MCM, APD, and RCDCs.- Arranging visiting attachments for member country central bank staff to other central banks for capacity building purposes.

In collaboration with the country authorities, prepare annual assessments of capacity-building needs in member countries supported by CDOT, considering of previous TA delivery and evolving contexts. This work will include:
- Establishing and maintaining close relationships with the country authorities and APD country teams to identify TA and Training needs and support their subsequent implementation;- Preparing a 18-month work plan in collaboration with the relevant country authorities and the CDOT Director, in coordination with MCM;- Contributing to the annual report for CDOT advisory committee meeting, informing donors consultations, and participating in other outreach activities of CDOT; and

Qualifications

The selected highly motivated individual should have at least five (5) years of experience in working on the operational implementation of monetary policy in a central bank. Experience in delivering technical assistance and hands-on training would be an advantage. Excellent command of English (oral and written) is a requirement.

The selected individual would initially be hired for one-year (contractual appointment), with possible extension of up to four (4) years.

Department:
MCMTA Monetary and Capital Markets Dept. Technical Assistance Strategy

Hiring For:
A11, A12, A13, A14