Job SummaryThe Macro Risk Unit (RU) of the Strategy, Policy, and Review Department (SPR) has openings for up to two economists; The unit plays a central role in identifying and analyzing global macroeconomic risks and vulnerabilities, integrating insights from individual country risk assessments in the Vulnerability Exercise (VE), strategic scenario planning, and market intelligence gathering to support Fund-wide surveillance and policy design. The selected candidate will contribute to unit workstreams depending on the candidate's profile and the unit's needs. All unit economists contribute to the VE, assessing risks across the membership and emerging global risks. Some cover key sectoral risks (fiscal, external, financial, real, corporate) both through model assessments and independent analysis and have an opportunity to contribute to the development of novel classical and machine-learning-based risk assessment models. The candidate may also participate in the strategic foresight exercises, the updating of the GRAM, and in the operationalization of the Enterprise Risk Management (ERM) framework in SPR. The work requires strong analytical and technical abilities. Knowledge of machine-learning techniques is not required; the unit will provide coaching and training in these techniques, as necessary. In addition to working in the RU, candidate will also serve as the SPR economist for a country team, focusing on external sector issues and serving as a liaison between SPR and area department on issues related to Fund policies and procedures.
Major Duties and Responsibilities- Support cross-country risk surveillance by contributing to the Fund's VE, including by using crisis risk assessments from machine-learning based models.
- Contribute to improvement of empirical risk assessments tools.
- Contribute to designing and organizing scenario planning exercises using strategic foresight and horizon scanning techniques.
- Support the implementation of the Fund's Enterprise Risk Management in SPR and SPR's participation in broader discussions about risks to the Fund.
- Serve as the SPR economist for an assigned country, contributing to surveillance and program work with a focus on external risk exposure, external sustainability, and balance-of-payments analysis.
Minimum Qualifications:In addition to the qualifications set forth in the job standards, the candidate should have proven strong analytical and quantitative skills; strong planning and organizing skills and adaptability to meet tight deadlines. Strong interpersonal and communication skills and effectiveness in a team environment are also required.
Department:SPRAI RU Strategy, Policy, and Review Dept. Immediate Office Macro Risk Unit
Hiring For: A11, A12, A13, A14
