Work for the IMF. Work for the World.
The IMF’s Institute for Capacity Development (ICD) is seeking a qualified candidate to fill the contractual position of Macroeconomic Frameworks Resident Advisor within the Central America, Panama, and the Dominican Republic Regional Technical Assistance Center (CAPTAC-DR), based in Guatemala City. This position is a contractual assignment with an initial appointment for a period of one year with the possibility of extension contingent on performance and ongoing budget/business needs.
CAPTAC-DR assists in strengthening the technical and institutional capacities of its member countries—Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, and the Dominican Republic—to design and implement sound macroeconomic and financial policies.
The Macroeconomic Frameworks Resident Advisor helps government institutions in CAPTAC-DR beneficiary countries strengthen their macroeconomic forecasting and analytical capabilities to support macroeconomic policy decisions. Depending on country needs and capacity, 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. The projects may also cover near-term forecasting/nowcasting and/or debt dynamics tools.
The Resident Advisor will deliver capacity development activities through TA missions, training, and peer-to-peer learning engagement, working independently and in collaboration with IMF staff and short-term experts (STX). The role involves close coordination with relevant IMF teams and other CAPTAC-DR advisors. Main responsibilities include:
- Deliver TA and related training on macroeconomic frameworks to support forecasting, policy analysis, and decision-making in central banks, ministries of finance and other relevant public institutions.
- Develop medium-term projects and annual workplans in collaboration with country authorities, development partners, and IMF counterparts.
- Coordinate with development partners active in CAPTAC-DR beneficiary countries to promote complementarity, avoid duplication, and ensure consistent advice.
- Contribute to the CAPTAC-DR broader work program, including steering committee meetings, periodic reporting, outreach, conferences, seminars and other activities of the center.
The selected candidate will report to the CAPTAC-DR Director on day-to-day operational matters, while his/her work program and technical backstopping will be led by IMF staff based at headquarters who lead the IMF’s macroeconomic frameworks capacity development work.
The IMF offers 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 Guatemala City by February 1, 2027, and to travel frequently to countries in Central America and the Caribbean. Daily interaction and close proactive cooperation with colleagues in Washington D.C, as well as occasional travel to IMF headquarters in D.C. will also be required.
Qualifications
The successful candidate should hold a postgraduate degree (Master’s or PhD) in Economics or a related field, and, at least 5 years of relevant professional experience in macroeconomic forecasting, with practical knowledge of the IMF's financial programming framework.
In addition, the successful candidate should have:
- Experience in macroeconomic modeling and forecasting, including the use of relevant software—knowledge of Matlab, Python, EViews, Dynare, and Iris would be an asset.
- Strong relationship management, negotiation, and influencing skills, as developing relations with national authorities is critical for the position.
- The ability to organize and coordinate technical assistance and training with relevant IMF departments, short-term experts, and other international institutions and bilateral agencies.
- A strong drive for results, with the ability to work on multiple projects under tight deadlines.
- Excellent oral and written communication skills in English and Spanish.
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.
