Deputy Division Chief (MCMGA)

International Monetary Fund; United States; On-site; USD 180,000 - 240,000; Full time

Job summary

The International Monetary Fund (IMF) seeks a Deputy Division Chief for the Global Markets Analysis (GA) Division, based at IMF headquarters in Washington, D.C. The role is a key member of GA’s management team shaping the division’s work on global financial market surveillance and GFSR production.

The DDC will lead a team of economists, oversee flagship reports, and coordinate cross-departmental work, including engagement with EMDEs, financial institutions, and international forums as needed.

Qualifications

• Advanced degree in Economics, Finance, or related field, with at least 15 years of relevant experience.
• Proven track record in leading teams and managing large projects.
• Strong network of financial market contacts, especially in EMDEs.
• Excellent analytical and quantitative abilities and macro linkage awareness.
• Experience in the financial sector or official institutions is a plus.

Responsibilities

• Lead GA team of financial sector experts and economists.
• Oversee drafting of GFSR chapters and present findings to Fund and external audiences.
• Provide leadership in the Global Markets Monitor and related briefings to senior management.
• Represent the Fund in G-7, G-20 meetings as needed.
• Coordinate collaboration with other departments on country- and region-specific risks.

Skills

Team leadership

Analytical thinking

Financial markets knowledge

Quantitative skills

Communication skills

Networking in EMDEs

Education

Advanced degree in Economics/Finance

Job description

Work for the IMF. Work for the World. The Monetary and Capital Markets Department (MCM) has an opening for a Deputy Division Chief (DDC) in the Global Markets Analysis (GA) Division.

Based at headquarters in Washington, DC, the selected candidate will be a member of GA’s management team and play a major role in shaping the division’s work.

The main missions of the GA Division are:

• Lead the Fund’s work on global financial market surveillance, with emphasis on developments that have macroeconomic or financial stability implications for advanced and emerging markets,
• Analyze the conditions of systemically important markets, banking systems and financial institutions to provide Fund leadership consistent and well‑informed views about financial risks and policies,
• Develop research and analytical work to shed light on financial stability risks and vulnerabilities.
• Draft the Global Financial Stability Report (GFSR), a semi‑annual flagship report of the Fund.
• Assist MCM and other departments in bilateral work, including Financial System Assessment Programs (FSAPs), Technical Assistance (TA), and Article IV missions.

Key responsibilities of the Deputy Division Chief include:

• Lead a team of financial sector experts and economists in pursuing GA’s objectives, especially on topics pertaining to emerging market and developing economies (EMDEs). This would include overseeing the Fund’s Hong Kong Resident Representative office.
• Foster staff development and empowerment and manage staff to excel in their roles, with a focus on facilitating career progression.
• Coordinate or lead the drafting of chapters of the GFSR; present GFSR findings to Fund and external audiences.
• Provide intellectual leadership on the research projects developed in support of the GFSR.
• Provide leadership in the production of the Global Markets Monitor, special analytical features, and related briefings to senior management, stepping in as acting division chief when needed.
• Supervise briefings for Fund leadership attending G-7, G-20, and other international meetings; represent the Fund in working groups established by these forums as needed.
• Collaborate with area and functional departments on country- and region‑specific financial risks; participate in interdepartmental multilateral surveillance exercises.

Qualifications:

• An advanced university degree in Economics, Finance, or a related field of study or equivalent, supplemented by a minimum of fifteen (15) years of relevant professional experience, including supervisory or managerial experience, is required.
• A track record of leading a team and managing large and complex projects.
• A strong network of financial market contacts, especially in EMDEs or among investors in EMDEs.
• Strong analytical and quantitative abilities and a proven ability to draw links between financial markets and macroeconomic developments, especially in the context of EMDEs.
• Prior experience in the financial sector or official institutions would be an advantage.

Other Professional Skills and Personal Attributes:

• Must demonstrate the required managerial skills with the staff’s best interests at heart. This includes fostering teamwork, collaboration, and well‑being, supporting innovation and change, and providing advice on career progression.
• Demonstrated ability to deliver under acute pressure and time constraints; high degree of organizational skills and ability to multitask.
• Sound policy judgment, particularly in macroeconomic and financial policies, and deep understanding of the key drivers of EMDE asset prices and financial stability.
• Excellent writing and communication skills, including the ability to explain market developments and risks in non‑technical terms, and effective collaboration with staff across the Fund and with authorities.
• Ability to build relationships at senior levels within and outside the department.
• Support creativity and strategic thinking; openness to challenge conventional thinking.

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 Approval.

Department: MCMGA Monetary and Capital Markets Dept. Global Markets Analysis Hiring For: A15

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.

The IMF works to foster global monetary cooperation, secure financial stability, facilitate international trade, and promote high employment and sustainable economic growth. Our work on the macroeconomic benefits of challenges such as empowering women, modernizing the global trading system, and wage inequity, provides new ideas to safeguard the stability of the international monetary and financial system and addresses the world's most pressing macroeconomic and financial issues. Our 3,100 dedicated employees are leaders in their fields and collaborate to address the needs of our members and make a meaningful, positive difference to lives across the globe.