Overview
The role involves serving as a Resident Advisor on financial stability at the Southeast Europe Technical Assistance Center (SEETAC), focusing on strengthening capacity to assess and monitor systemic financial stability risks and develop macroprudential policymaking frameworks for member countries in the Western Balkans and Moldova.
Key Responsibilities
- Supporting authorities in financial stability and macroprudential policy work, including financial sector risk analysis, monitoring and identification of systemic risks, compilation and selection of financial sector vulnerability and macroprudential indicators, and identification of related data gaps.
- Implementing macroprudential tools, developing decision-making structures and frameworks for macroprudential policy, and conducting macro stress testing.
- Analyzing financial sector interconnectedness and shock transmission and amplification channels, and preparing and publishing financial stability reports.
- Managing and delivering technical assistance (TA) on systemic risk analysis and macroprudential policies, directly and through short-term experts.
- Preparing required documents for MCM internal review and approval before and after each mission and ensuring timely transmission of final documents to the relevant country authorities.
- Coordinating and delivering capacity development (CD) activities under SEETAC’s CD workplan on systemic risk analysis and macroprudential policies, directly and through short-term experts.
- Keeping the MCM backstoppers informed of major developments.
- Coordinating with other CD providers on financial stability to promote complementarity, avoid duplication of efforts, and ensure efficient use of CD resources; liaising with donor representatives active in the field if needed.
- Observing IMF policies and procedures and applying the results-based management (RBM) framework to guide CD activities.
- Leading annual work planning and budgeting for SEETAC’s CD program on financial stability, contributing to outreach activities, and reporting on the Center’s activities.
- Ensuring that all advice is consistent with IMF policies.
Required Experience
At least ten years of experience working in a central bank on the operational implementation of macroprudential policies and systemic risk analysis. Experience in delivering technical assistance, advisory services, capacity development, or professional training would be highly desirable.
Qualifications
A graduate degree in economics, finance, or a related field.
