IMF Recruitment Mission to Africa (Experienced and Entry-Level Economists) Washington

The International Monetary Fund (IMF) is planning a Recruitment Mission to Africa and will be visiting Kenya, Nigeria, Senegal and South Africa between February 2 - 14, 2012.

 

The Mission will conduct preliminary interviews for suitably qualified African candidates for the experienced economist pipeline, as well as eligible candidates for the Economist Program - the IMF's entry level program for recent PhD graduates. In addition, the Mission will also evaluate the interest of suitable candidates for the Fund's summer internship Program for Macroeconomists. Candidates who are resident or studying in any of these

countries, or other African countries in close proximity, are strongly encouraged to apply to this advertisement even if they have already applied through the generic requisitions on the IMF Joblink website.  Only shortlisted candidates will be contacted for the interviews.

 

The specific mission dates for each country are as follows:

 

1. South Africa (Johannesburg/Pretoria and Cape Town) - February 2-4, 2012

2. Nigeria (Lagos) - February 6-8, 2012.

3. Senegal (Dakar) - February 9-10, 2012

4. Kenya (Nairobi) - February 13-14, 2012

  

Experienced Economists:

 

Experienced macroeconomists analyze complex economic issues and monitor economic developments in IMF member countries. Economists are responsible for alerting management of significant economic changes and issues; preparing reports following country visits; and handling issues related to the IMF's work, including taxation and public expenditure, international financial markets and financial stability, debt management, exchange rate management, and banking supervision. An experienced economist works in a division, reports to the division chief, and often participates in mission assignments as an important contributing member of a country team.

 

Entry-Level Economists (Economist Program - EP)

 

The Economist Program (EP) is the "point of entry" for talented economists interested in pursuing a professional-level career in international economics, monetary and financial sector, and/or public finance. Participants undertake challenging assignments on a wide range of issues, and have the opportunity for specialized training and development while supporting the IMF's mission of building a framework for economic cooperation and stability between member nations.

 

Fund Internship Program:

 

Interns prepare a paper outlining the results of their research, which they may be asked to present to the staff of their department at the end of the assignment. Papers of high standard may be published internally.

Projects assigned to interns differ from year-to-year depending on the departments' work program. Research covers a broad spectrum of economic issues, as evidenced by the following topics previously addressed:

- Growth Dynamics and Determinants in the Middle East;
- Fiscal Space and Fiscal Policies in the EU;
- Role of Exchange Rate Policy in Managing External Shocks in Low-Income Countries;
- Macro-Financial Linkages in Sub-Saharan Africa;
- Inflation Dynamics in Asia and its Implications for Monetary Policy.

Experienced Economists:

 

·         All experienced economist positions require strong analytical skills, as well as excellent written and oral communication skills in English, the working language of the IMF.

·         Candidates should also show an interest in, and aptitude for, working in an international organization.

·         Experienced macroeconomists should preferably have 5 to 15 years of experience as professionals handling economic policy issues at the national level and/or in academia; knowledge and familiarity with financial stability and market issues, as well as macro-fiscal policy issues would be a plus.

·         All economist positions require a graduate-level degree (preferably at the Ph.D. level) in macroeconomics, financial economics, or in related fields, such as monetary economics, public finance, banking and financial sector. 

 

Economist Program - EP:

 

·         Graduate-level training in macroeconomics or a relevant field with specialization in international economics, monetary economics, banking and financial sector and public finance.

·         The IMF is particularly interested in recent Ph.D. graduates, or students who will shortly be completing their program, whose degree is either in

(i)                  economics with a research focus in international finance;

(ii)                 finance with a solid understanding of macroeconomics; or

(iii)                economics or finance with research interest/experience in macro-fiscal and fiscal risk analysis, tax policy, pension reform, poverty issues, and the nexus between financial markets and fiscal issues.

·         Candidates with an MA/MBA in economics, finance, quantitative methods, or international relations/public policy with graduate level macroeconomics, AND a minimum of three years relevant practical experience in financial sector and/or economic research, may also be considered. 

 

Fund Internship Program:

 

The internships are intended primarily for potential Economist Program candidates, and therefore the IMF is looking for the same general background. Intern candidates:

• should be within one or two years of completing their Ph.D. in Macroeconomics or a related field,
• must be in student status, i.e., must be returning to the university after the internship,
• should normally not exceed 32 years of age,
• have an excellent command of English, and
• must possess strong quantitative and computer skills.

Click Here to Apply

Closing Date: Sunday, 08 January 2012