Advisor/Assistant Director - Office of Risk Management (ORM)
International Monetary Fund, Washington, District of Columbia, United States
Work for the IMF. Work for the World.
The Fund is engaged in a significant enhancement of its
Enterprise Risk Management (ERM)
framework to bring the scope and operations in line with those in other major organizations and international bodies. Its scope covers all activities of the Fund, including surveillance, lending, CD, and support services such as HR, IT and Facilities Management.
The
Office of Risk Management (ORM)
is at the center of these efforts and leads the development and support for a strengthened ERM framework at the Fund. It fosters the development of new methodologies to identify, assess, analyze, and monitor risk, including new risk tools and techniques, for use by Area, Functional, and Support departments; it also produces reports on the Fund’s risk profile at regular intervals. ORM highlights areas where additional risk analysis or mitigation is needed through its participation in review processes and on Fund committees and complements risk management policies and practices in operational departments. A key objective is risk‑based decision support across the organization. ORM also develops risk‑management training for the Fund and shapes strong risk governance and a culture of risk acknowledgment. Additionally, ORM provides an independent challenge of enterprise risk information and assessments of Departments.
As a member of the ORM management team, the Advisor/Assistant Director will take a leadership role in delivering the Fund’s ERM modernization agenda. The successful candidate will lead a team of IMF risk professionals and support staff, managing ORM’s work program on developing and modernising all aspects of ERM methodologies and applications, and guiding the analysis of financial and non‑financial risks to the IMF. The role includes a supervisory responsibility over all staff to ensure full alignment with the ORM medium‑term strategy, including further development of ERM policies, guidance, review of country and other policy papers, internal communications, outreach, training, and change‑management programs. The candidate will also manage ORM’s resources and work planning in close coordination with other members of the ORM management team.
Major Duties and Responsibilities
Manages the development and implementation of ORM’s medium‑term strategy, including preparation and execution of work plans, policy development, roll‑out of the ERM framework, achieving the targeted maturity profile, and communications, learning objectives, change management, and outreach to stakeholders including Management and the Board.
Manages substantive work of ORM staff in coordination with the management team, including supervision of work, monthly performance discussions, goal setting aligned with the ORM Accountability Framework, training recommendations, and ongoing feedback.
Manages contributions from staff to ORM’s participation in the inter‑departmental review process, coordinating internal comments on papers of other Departments and circulating ORM materials and signing off on select matters.
Updates ORM’s annual Accountability Framework to ensure alignment with Fund‑wide frameworks and reflects Board‑approved ERM Policy responsibilities; manages ORM resource and staff needs and acts as Senior Budget Manager for ORM with front‑office guidance.
Provides key inputs to ORM engagement communications to promote awareness and adoption of the ERM framework across the institution.
Promotes collaboration on ERM issues across the IMF through an active, dynamic relationship‑management approach.
Acts as ORM’s representative on select Fund committees.
Minimum Qualifications Advanced university degree, or equivalent, and a professional certification as an Accountant (CPA or international equivalent) or as an Auditor (CIA, CISA), supplemented by a minimum of fifteen (15) years of relevant work experience, including supervisory and/or managerial experience, is required. Alternatively, a bachelor’s degree, or equivalent, supplemented by a minimum of nineteen (19) years of relevant professional experience, including supervisory and/or managerial experience, is required.
The successful candidate must demonstrate an excellent track record of leadership and innovation within complex risk landscapes, ability to work well with and supervise staff, engage with diverse teams, and communicate effectively with a wide range of stakeholders. The role requires demonstrated ability to provide judgments and advice on wide‑ranging risk issues facing the Fund, excellent oral and written communication skills, outstanding analytical skills, and a demonstrated capacity to manage and execute multiple tasks and innovate new ideas and solutions under tight deadlines.
The IMF is committed to building a diverse staff, including gender, nationality, culture, and educational background.
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.
This vacancy shall be filled by a 3‑year Term appointment in accordance with the Fund’s new employment rules that took effect on May 1, 2015. This position requires Review Committee/Senior Review Committee Approval. A regular staff member who is selected to fill the vacancy will maintain their open‑ended status. If the selected candidate is a contractual employee, they will be offered a Term staff appointment. Staff members already on a term appointment will continue their current term but may receive an extension provided their term has not already been extended.
Department ORM Office of Risk Management
Hiring For B01, B02, B03
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.
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The Fund is engaged in a significant enhancement of its
Enterprise Risk Management (ERM)
framework to bring the scope and operations in line with those in other major organizations and international bodies. Its scope covers all activities of the Fund, including surveillance, lending, CD, and support services such as HR, IT and Facilities Management.
The
Office of Risk Management (ORM)
is at the center of these efforts and leads the development and support for a strengthened ERM framework at the Fund. It fosters the development of new methodologies to identify, assess, analyze, and monitor risk, including new risk tools and techniques, for use by Area, Functional, and Support departments; it also produces reports on the Fund’s risk profile at regular intervals. ORM highlights areas where additional risk analysis or mitigation is needed through its participation in review processes and on Fund committees and complements risk management policies and practices in operational departments. A key objective is risk‑based decision support across the organization. ORM also develops risk‑management training for the Fund and shapes strong risk governance and a culture of risk acknowledgment. Additionally, ORM provides an independent challenge of enterprise risk information and assessments of Departments.
As a member of the ORM management team, the Advisor/Assistant Director will take a leadership role in delivering the Fund’s ERM modernization agenda. The successful candidate will lead a team of IMF risk professionals and support staff, managing ORM’s work program on developing and modernising all aspects of ERM methodologies and applications, and guiding the analysis of financial and non‑financial risks to the IMF. The role includes a supervisory responsibility over all staff to ensure full alignment with the ORM medium‑term strategy, including further development of ERM policies, guidance, review of country and other policy papers, internal communications, outreach, training, and change‑management programs. The candidate will also manage ORM’s resources and work planning in close coordination with other members of the ORM management team.
Major Duties and Responsibilities
Manages the development and implementation of ORM’s medium‑term strategy, including preparation and execution of work plans, policy development, roll‑out of the ERM framework, achieving the targeted maturity profile, and communications, learning objectives, change management, and outreach to stakeholders including Management and the Board.
Manages substantive work of ORM staff in coordination with the management team, including supervision of work, monthly performance discussions, goal setting aligned with the ORM Accountability Framework, training recommendations, and ongoing feedback.
Manages contributions from staff to ORM’s participation in the inter‑departmental review process, coordinating internal comments on papers of other Departments and circulating ORM materials and signing off on select matters.
Updates ORM’s annual Accountability Framework to ensure alignment with Fund‑wide frameworks and reflects Board‑approved ERM Policy responsibilities; manages ORM resource and staff needs and acts as Senior Budget Manager for ORM with front‑office guidance.
Provides key inputs to ORM engagement communications to promote awareness and adoption of the ERM framework across the institution.
Promotes collaboration on ERM issues across the IMF through an active, dynamic relationship‑management approach.
Acts as ORM’s representative on select Fund committees.
Minimum Qualifications Advanced university degree, or equivalent, and a professional certification as an Accountant (CPA or international equivalent) or as an Auditor (CIA, CISA), supplemented by a minimum of fifteen (15) years of relevant work experience, including supervisory and/or managerial experience, is required. Alternatively, a bachelor’s degree, or equivalent, supplemented by a minimum of nineteen (19) years of relevant professional experience, including supervisory and/or managerial experience, is required.
The successful candidate must demonstrate an excellent track record of leadership and innovation within complex risk landscapes, ability to work well with and supervise staff, engage with diverse teams, and communicate effectively with a wide range of stakeholders. The role requires demonstrated ability to provide judgments and advice on wide‑ranging risk issues facing the Fund, excellent oral and written communication skills, outstanding analytical skills, and a demonstrated capacity to manage and execute multiple tasks and innovate new ideas and solutions under tight deadlines.
The IMF is committed to building a diverse staff, including gender, nationality, culture, and educational background.
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.
This vacancy shall be filled by a 3‑year Term appointment in accordance with the Fund’s new employment rules that took effect on May 1, 2015. This position requires Review Committee/Senior Review Committee Approval. A regular staff member who is selected to fill the vacancy will maintain their open‑ended status. If the selected candidate is a contractual employee, they will be offered a Term staff appointment. Staff members already on a term appointment will continue their current term but may receive an extension provided their term has not already been extended.
Department ORM Office of Risk Management
Hiring For B01, B02, B03
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.
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