Back Resident Macroeconomic Frameworks Advisor (Riyadh, Saudi Arabia)

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The IMF’s Institute for Capacity Development (ICD) and the IMF’s Regional Office in Riyadh are seeking a qualified candidate to fill the position of Resident Macroeconomic Frameworks Advisor.

The IMF’s Regional Office in Riyadh was established in 2024 with an objective to support economic policymaking and reforms in the Gulf Cooperation Council (GCC) and, more broadly, in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region. The support includes fostering capacity development (CD) and facilitating dialogue with policymakers while engaging with academics, experts, and other stakeholders.

The aim of capacity development (CD) in the area of macroeconomic frameworks is to help member countries improve the macroeconomic forecasting and analytical capabilities of government institutions in support of their macroeconomic policy decision-making process. Depending on country needs and capacity, macroeconomic-frameworks technical assistance (TA) projects may range from building Excel-based, sectoral relationship frameworks with supporting economic projection equations, to building semi-structural gap models or DSGE models of national economies. Near-term forecasting/nowcasting and/or debt dynamics tools are also included as supporting tools of these macroeconomic frameworks. In view of the capacity and resource constraints and small staff of many central banks and ministries of finance, the work agenda may include assistance with the implementation of fundamental elements of macroeconomic diagnostics, such as the analysis of equilibrium exchange rates, output gaps, and the basics of debt sustainability.

The Macroeconomic Frameworks Advisor will undertake these activities through TA missions, TA-related training engagements, and peer-to-peer learning activities, either alone or together with IMF staff and/or specialized short-term experts (STX) employed by the IMF. She/he will coordinate closely with ICD’s CD delivery divisions, IMF country teams, the IMF Center for Economics and Finance (CEF) in Kuwait, and the Middle East Regional Technical Assistance Center (METAC) to ensure consistency with other IMF CD activities in the region. Among the main tasks, the Macroeconomic Frameworks Advisor will:

• Deliver, oversee, and coordinate TA and related training on developing macroeconomic frameworks to support forecasting and policy analysis and decision-making processes in central banks, ministries of finance and relevant government agencies, under the guidance of ICD and in close cooperation with IMF country teams, other regional resident advisors and, where applicable, other CD providers.
• Prepare, under the supervision of ICD and in close coordination with the Regional Office Director, medium-term projects and 12-month workplans in collaboration with country authorities, development partners, and IMF stakeholders.
• Propose new STX candidates to Headquarters (HQ) for final approval, and act as backstopper of STX work.
• Maintain close contact with relevant IMF country teams; prepare required TA and training documents (e.g., pre-mission briefs, BTOs) for internal review and approval, including through IMF’s CD project management system and maintain existing projects updated in the system, including oversee budget expenses and results-based management reporting.
• Consult and coordinate with development partners in the GCC and MENAP member countries to ensure complementarity, avoid duplication of efforts, and ensure consistency of CD advice in the area of macroeconomic frameworks.
• Contribute, as required by the Regional Office Director, to the Office’s corporate work (e.g., steering committee meetings, annual report, quarterly newsletters, outreach efforts, preparation of conferences/seminars and other activities of the center).

  The selected candidate will work under the guidance of the Regional Center Director on day-to-day operational matters, while being supervised by ICD macroeconomic-frameworks TA backstoppers based in HQ.

  📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

  ⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

  The IMF offers a competitive compensation and benefits package commensurate with the successful candidate’s skills and experience.

  The selected candidate should be prepared to take up the position in Riyadh in July/August 2025. The initial appointment will be for a period of one year with the possibility for extension contingent on performance and ongoing budget/business needs.

  Qualifications

  The successful candidate should have: (i) a post-graduate degree in Economics; (ii) at least five years of relevant professional experience, with practical knowledge of the IMF's financial programming framework—experience as an IMF country desk economist would be a plus; (iii) excellent data management and analytical skills, including the use of MS Excel and econometric applications; (iv) experience in macroeconomic modelling and forecasting, including in using relevant software—knowledge of Matlab, Python, EViews, Dynare, or Iris would be a plus; (v) strong spoken and written communication in English; skills in Arabic and French would be an advantage; and (vi) exceptional organizational, interpersonal, and diplomatic skills, as well as the ability to work well in teams.

  Department:ICDMF Institute for Capacity Development General Macro and Fiscal Division

  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.