Visiting Scholar (Contractual) - MCMDM

International Monetary Fund • Washington DC, DC

8d • Onsite

About The Position

The International Monetary Fund (IMF) is seeking a Visiting Scholar for a contractual position within the Monetary and Capital Markets Department (MCMDM). This role will focus on three key projects: updating the Framework on Development of the Government Local Currency Bond Market, analyzing sovereign debt restructuring and engagement with private creditors to restore market access, and developing guidelines for the Public Debt Management Governance Framework. The Visiting Scholar will work closely with dedicated staff, consult with and report to the Division Chief and designated staff on project deliverables. The IMF faces a growing workload of technical assistance in low- and middle-income countries, requiring updates to existing frameworks and a deeper understanding of sovereign debt restructuring issues, particularly the role of private sector involvement in regaining market access. This short-term hire is essential to ensure the timely and comprehensive undertaking of these framework-updating initiatives and to provide effective advice to member countries.

Requirements

• Experience with the Framework on Development of the Government Local Currency Bond Market.
• Understanding of sovereign debt restructuring, private creditors, and market access restoration.
• Knowledge of Public Debt Management Governance Frameworks and guidelines.
• Familiarity with IMF surveillance and Comprehensive Surveillance Review priorities.
• Ability to identify and develop practical surveillance applications.
• Experience with members’ debt management strategies and frameworks.
• Understanding of institutional arrangements, processes, issuance practices, instrument choice, risk management frameworks, and debt data accounting and reporting.
• Awareness of new debt management challenges since the 2014 PDM Guidelines.
• Ability to interact with other Fund Departments and Area Department Teams.
• Thorough understanding of the role of private sector involvement in regaining market access following a debt treatment.
• Ability to assess member countries’ sovereign debt restructurings, including required actions by private sector creditors.

Nice To Haves

• Experience with the Public Debt Management (PDM) Guidelines revised by the IMF-World Bank in 2014.

Responsibilities

• Update the Framework on Development of the Government Local Currency Bond Market.
• Analyze sovereign debt restructuring, focusing on engaging private creditors and restoring market access following a debt treatment.
• Develop guidelines for the Public Debt Management Governance Framework, identifying specific and operational debt management indicators.
• Consult with and report to the Division Chief and designated MCMDM staff on project deliverables.
• Work closely with dedicated staff from the MCMDM Division.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed