Resident Advisor on Monetary and Foreign Exchange Operations

The Resident Advisor will deliver training and technical assistance in central bank governance, monetary policy implementation, foreign exchange operations, and liquidity backstops for AFRITAC East member countries. The role involves preparing workplans, managing TA delivery, organizing workshops, and liaising with IMF and other CD providers.

Responsibilities

• Deliver technical assistance on governance, accounting and central bank financial reporting, central bank communication and transparency, monetary policy implementation and domestic market operations, foreign exchange policy implementation, foreign exchange reserve management, foreign exchange market development, and central bank liquidity backstops for financial stability.
• Prepare medium-term workplans in collaboration with country authorities and IMF stakeholders, and prepare annual assessments considering previous TA delivery and evolving circumstances.
• Manage administrative aspects of TA delivery in coordination with HQ technical and administrative backstoppers and other development partners including budgetary, logistical and staffing arrangements.
• Prepare required documents before and after each mission for MCM internal review and approval, and ensure timely transmission of final documents to beneficiary institutions.
• Organize, conduct and facilitate workshops and/or seminars on relevant topics for member-country officials at country and regional levels, sometimes in collaboration with other AFRITACs.
• Liaise with MCM, other AFRITAC East resident advisors, and other capacity development providers to ensure complementarity and avoid overlap in support provided to member countries.

Requirements

• At least five years of experience working in a central bank, with in-depth understanding of international standards and good practices for monetary and foreign exchange market operations and experience implementing them at the national and/or international level.
• A graduate degree in economics, finance, accounting, or a related area.
• Strong oral and written communication skills in English.
• Strong drafting and reporting skills, with the ability to deliver high-quality capacity development outputs.
• Excellent interpersonal skills, including ability to work as part of a team with short-term experts and HQ staff.
• Ability to maintain effective and cooperative relations with capacity development recipient authorities including senior government officials.
• Ability to handle sensitive and confidential issues with discretion in a multicultural environment.
• Willingness, capacity, and personal commitment to undertake significant travel within the region for in-person capacity development delivery.
• Proficiency in modern computer systems and applications, including AI.

Skills

• Monetary Policy Implementation
• Foreign Exchange Operations
• Central Bank Governance
• Capacity Development
• Technical Assistance Management
• Workshop Organization
• Economic Analysis
• Financial Reporting
• Drafting and Reporting
• Stakeholder Engagement
• Confidentiality Management
• Interpersonal Skills
• Travel Coordination
• AI Applications
• Computer Proficiency

Languages

English