Resident Advisor on Financial Market Infrastructures (FMIs)

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Description

MCM has a vacancy for a long-term expert (contractual) assignment based in Dar es Salaam, Tanzania, with an initial 12-month term and the possibility of extension, typically for up to two additional years, subject to satisfactory performance and funding availability.

The IMF’s Monetary and Capital Markets Department (MCM), in collaboration with the IMF’s East Africa Regional Technical Assistance Center (AFRITAC East), based in Dar es Salaam, Tanzania, is seeking a qualified candidate for the position of Resident Financial Market Infrastructures (FMIs) Advisor to deliver training and technical assistance (TA) on various aspects of FMI policy and oversight, cross-border payments, and digital innovation.

AFRITAC East supports the capacity of its eight member countries (Eritrea, Ethiopia, Kenya, Malawi, Rwanda, South Sudan, Tanzania, and Uganda) as well as the East African Community (EAC), [1] to enhance and develop their national payment systems, broader FMI ecosystems, cross-border payments, and digital innovation. The Resident Advisor will help identify and address CD needs, taking account of individual countries’ FMIs and their respective capacity levels. The Resident Advisor will undertake these activities through on- and off-site technical assistance (TA) missions, training engagements, and peer-to-peer learning activities either alone or with specialized short-term experts (STXs) from the IMF’s expert roster. The assignment requires extensive regional travel as deemed necessary by the approved workplan and as requested by the authorities, with prior consultation with MCM HQ.

The selected candidate will report to MCM’s Payments and Infrastructure Division (MCMPI) for all technical aspects of the assignment, including the development and management of the workplan for the delivery of TA and training courses. For all other aspects, the selected candidate will report jointly to MCM’s Technical Assistance Strategy Division (MCMTA) Country Manager and the AFRITAC East Director.

Duties and Responsibilities

1. Provide, manage, and coordinate CD in the area of FMIs, cross-border payments and digital innovation to the member countries of AFE. The work will include the following:

· Participating in missions, either alone or with STXs, and providing offsite advice;

· Fielding and backstopping STXs hired by AFE;

· Organizing, conducting, and facilitating workshops and/or seminars on relevant topics for members’ staff, both at the country and regional levels, including workshops organized in collaboration with other Regional Technical Assistance Centers (RTACs);

· Arranging visiting attachments for member country central bank staff to other central banks for capacity-building purposes;

· Participating in MCM missions and coordinating with MCM on its delivery of TA to AFE member countries within the context of their respective approved workplans;

Preparing/updating results frameworks (logframes) in line with the Fund’s RBM framework and using the Fund’s RBM IT systems to track and monitor TA results;

· Preparing required documents before and after each mission, (for both the Resident Advisor’s and STXs’ missions) for MCM internal review and approval, and ensuring transmission of final documents to country authorities;

· Preparing regular reports for IMF HQ on ongoing activities;

· Liaising and coordinating relevant projects with other TA providers working in member countries and with AFE colleagues as necessary; and

· Liaising and coordinating on the workplan and relevant projects with the MCM functional backstopper at IMF HQ.

In consultation with MCM and the Center Director, the Resident Advisor will monitor and oversee the project budget, ensuring that the AFE FMI work program and CD activities (e.g., LTX missions, STX missions, work-at-home assignments, workshops, and seminars) are within the annual approved project budget.

3. In collaboration with the country authorities, prepare annual assessments of capacity-building needs in AFE member countries, taking account of previous TA delivery and evolving circumstances. This work will include:

· Preparing and maintaining a rolling medium-term (about three-year) workplan in collaboration with the country authorities and in coordination with MCM; and

· Participating in AFS’s annual Steering Committee meetings and providing input into AFE’s Annual and Quarterly Reports.

The expert will strictly observe the code of conduct described in the IMF Long-Term Expert Handbook and exercise the utmost discretion and confidentiality regarding all matters of official business.

Qualifications

The ideal candidate should have:

· A minimum of seven (7) years of relevant experience in FMIs and payments systems policy and oversight.

· Relevant experience acquired in central bank and/or through the delivery of technical assistance.

· A graduate degree in economics, finance, accounting, or a related field.

· Strong analytical and problem-solving skills.

· Strong oral and written communication skills in English.

· Excellent interpersonal skills and the ability to (i) work as part of a team, including with short-term experts and HQ staff, (ii) maintain effective and cooperative relations with CD recipient authorities (including senior government officials), and (iii) handle sensitive and confidential issues with discretion in a multicultural environment.

· Proficiency in modern

computer systems and applications, including AI.

The successful candidate will be selected based on a panel interview. Compensation and benefits will be competitive and commensurate with the successful candidate’s skills and experience.

[1] EAC countries include AFRITAC East members, DRC, Somalia, and Burundi. EAC engagements will be limited to multilateral activities (regional workshops), as bilateral engagements cover only AFRITAC East member countries.

Department:

MCMTA Monetary and Capital Markets Dept. Technical Assistance Strategy

Hiring For:

A11, A12, A13, A14

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. Information on how to request accommodations will be provided during the application process.

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Method of Application

• Submit your CV and Application on Company Website : Click Here
• Closing Date : 15th November, 2026.
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