What are the responsibilities and job description for the Counsel/Senior Counsel - LEGFF position at International Monetary Fund?
Work for the IMF. Work for the World.
The International Monetary Fund (IMF) is seeking to fill multiple Term staff Counsel/Senior Counsel positions in the Financial and Fiscal Law Division (LEGFF) of its Legal Department.
The primary objective of LEGFF is to provide high-quality legal advice in the context of IMF surveillance, lending, and capacity development (CD). LEGFF provides advice to member countries on the design and implementation of legal reforms, including laws and regulations related to central banking, payment systems, financial institutions and markets, tax, and public financial management. LEGFF also advises on new trends in the fiscal and financial law space, such as Fintech, CBDC, governance of IMF member countries’ institutions, gender, and climate change. LEGFF undertakes research and analytical work to support legal policy formulation within the Fund and with other international organizations such as the Financial Stability Board (FSB), Organization for Economic Cooperation and Development (OECD), and the United Nations (UN)).
Duties And Responsibilities
Under the overall direction of the General Counsel and Director of the Legal Department (LEG) and the supervision of the Assistant General Counsel responsible for LEGFF, the successful candidate will work as Counsel/Senior Counsel in LEGFF, focusing on central banking, monetary, banking and financial law issues, with respect to digitalization in the areas of crypto-assets, digital payments, CBDCs, and other related technological changes.
Primary duties and responsibilities will include conducting legal analysis and providing advice in the following context:
Completion of LLM, JD, LLB, or equivalent is required. A minimum of four years (seven years preferred) of relevant professional experience with direct involvement in issues of central banking, monetary, payments or financial law are also required, including relevant experience acquired with a central bank, supervisory agency, or the private sector working and advising on legal and regulatory issues related to the adoption of new technologies in the area of central banking or financial sector such as in CBDCs, retail digital payments, crypto-assets-related services, digital banking, and other broader digitalization issues.
The successful candidate will have also reviewed and/or drafted legislation or regulation in at least two of the broader fields described above. Experience in both central banking as well as in banking and financial law issues, including in relation to digitalization, is a plus.
The successful candidate will possess a level of experience and understanding of good practices that will allow him/her to provide high-quality advice, both internally and externally to the IMF. The successful candidate will have excellent analytical skills and written and oral communication skills, in addition to sound judgment, demonstrated initiative and adaptability, an ability to work with minimal supervision, and excellent planning and organization skills. Knowledge of languages other than English (in particular French, Spanish and/or Arabic) with professional level fluence would be an asset.
Furthermore, the successful candidate will have to display a strong ability to work collaboratively with country authorities and colleagues at all levels and of different cultural backgrounds.
Finally, the successful candidate will have the maturity and exposure to an international context to allow him/her to engage independently with other international organizations and stakeholders, including during outreach events.
This vacancy shall be filled by a 3-year Term appointment in accordance with the Fund’s employment rules.
It is expected that while the position is advertised at the full grade band, it will be filled at the lower level.
All applicants are expected to include a Statement of Interest as an attachment to the application, which may be used in the screening process for this vacancy.
Department:
LEGFF Legal Department Financial and Fiscal Law Division
Hiring For:
A11, A12, A13, A14
The IMF is committed to hiring diverse staff, including age, creed, culture, disability, educational background, ethnicity, gender, gender expression, nationality, race, religion and beliefs, and sexual orientation. 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.
The International Monetary Fund (IMF) is seeking to fill multiple Term staff Counsel/Senior Counsel positions in the Financial and Fiscal Law Division (LEGFF) of its Legal Department.
The primary objective of LEGFF is to provide high-quality legal advice in the context of IMF surveillance, lending, and capacity development (CD). LEGFF provides advice to member countries on the design and implementation of legal reforms, including laws and regulations related to central banking, payment systems, financial institutions and markets, tax, and public financial management. LEGFF also advises on new trends in the fiscal and financial law space, such as Fintech, CBDC, governance of IMF member countries’ institutions, gender, and climate change. LEGFF undertakes research and analytical work to support legal policy formulation within the Fund and with other international organizations such as the Financial Stability Board (FSB), Organization for Economic Cooperation and Development (OECD), and the United Nations (UN)).
Duties And Responsibilities
Under the overall direction of the General Counsel and Director of the Legal Department (LEG) and the supervision of the Assistant General Counsel responsible for LEGFF, the successful candidate will work as Counsel/Senior Counsel in LEGFF, focusing on central banking, monetary, banking and financial law issues, with respect to digitalization in the areas of crypto-assets, digital payments, CBDCs, and other related technological changes.
Primary duties and responsibilities will include conducting legal analysis and providing advice in the following context:
- Providing legal advice to the IMF's Executive Board, management, other departments, and other divisions within the Legal Department as required in the context of IMF surveillance, FSAPs, lending and CD;
- Drafting and advising on legislation for IMF member country authorities;
- Participating in IMF missions and engaging in pre-mission research and pre- and post-mission work;
- Contributing to, and commenting on IMF policy and analytical papers as well as other publications of the IMF; and
- Carrying out other assignments as instructed by the General Counsel or the Assistant General Counsel in charge of LEGFF.
Completion of LLM, JD, LLB, or equivalent is required. A minimum of four years (seven years preferred) of relevant professional experience with direct involvement in issues of central banking, monetary, payments or financial law are also required, including relevant experience acquired with a central bank, supervisory agency, or the private sector working and advising on legal and regulatory issues related to the adoption of new technologies in the area of central banking or financial sector such as in CBDCs, retail digital payments, crypto-assets-related services, digital banking, and other broader digitalization issues.
The successful candidate will have also reviewed and/or drafted legislation or regulation in at least two of the broader fields described above. Experience in both central banking as well as in banking and financial law issues, including in relation to digitalization, is a plus.
The successful candidate will possess a level of experience and understanding of good practices that will allow him/her to provide high-quality advice, both internally and externally to the IMF. The successful candidate will have excellent analytical skills and written and oral communication skills, in addition to sound judgment, demonstrated initiative and adaptability, an ability to work with minimal supervision, and excellent planning and organization skills. Knowledge of languages other than English (in particular French, Spanish and/or Arabic) with professional level fluence would be an asset.
Furthermore, the successful candidate will have to display a strong ability to work collaboratively with country authorities and colleagues at all levels and of different cultural backgrounds.
Finally, the successful candidate will have the maturity and exposure to an international context to allow him/her to engage independently with other international organizations and stakeholders, including during outreach events.
This vacancy shall be filled by a 3-year Term appointment in accordance with the Fund’s employment rules.
It is expected that while the position is advertised at the full grade band, it will be filled at the lower level.
All applicants are expected to include a Statement of Interest as an attachment to the application, which may be used in the screening process for this vacancy.
Department:
LEGFF Legal Department Financial and Fiscal Law Division
Hiring For:
A11, A12, A13, A14
The IMF is committed to hiring diverse staff, including age, creed, culture, disability, educational background, ethnicity, gender, gender expression, nationality, race, religion and beliefs, and sexual orientation. 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.
