Posting date: 9 MARCH 2020
Closing date: 8 APRIL 2020
The Chiang Mai Initiative Multilateralisation (CMIM) is a multilateral currency swap arrangement among ASEAN+3 members. AMRO was established by the ASEAN+3 members with three core functions: conducting macroeconomic surveillance, supporting the implementation of the CMIM, and providing technical assistance to its members.
The CMIM Specialist position is assigned to the CMIM Support Group (CSG), which provides policy recommendations to the CMIM members and further strengthens and enhances the CMIM arrangement as the center of the ASEAN+3 regional financial safety net and an integral part of the global financial safety net. A CMIM Specialist reports to the Group Head of the CSG, and works closely with the CMIM members.
Main responsibilities include but are not limited to:
- Review the CMIM Arrangement and provide policy recommendations to strengthen and enhance the operational readiness of the CMIM;
- Support the CMIM members in developing and improving their CMIM-related policies and guidelines and in preparing for ASEAN+3 meetings;
- Follow up macroeconomic developments of the CMIM members in accordance with CMIM objectives, provided by AMRO macroeconomic surveillance team;
- Communicate and coordinate with the member authorities on their needs for technical assistance (TA) on CMIM-related issues, and provide in-house TA programs to the members in coordination with AMRO TA team;
- Conduct research on CMIM/RFA (Regional Financing Arrangements)-related issues for further developments of the CMIM;
- [Crisis time] Develop a CMIM-supported program together with AMRO surveillance team, focusing on conformity of the CMIM policies; and
- Implement any other tasks as assigned by Group Head and/or Deputy Director and senior management of AMRO.
The candidate should possess:
- An advanced degree from reputable university in the field of economics, international finance, or other related fields;
- In-depth knowledge and understanding on CMIM arrangement and operational procedures;
- At least 5 years of relevant work experience and knowledge, preferably related to regional financial cooperation, international contracting law, economic and financial policy. A work experience at International Financial Institutions (IFIs) or other international organisations will be advantageous;
- The ability to work under pressure that involves dealing with constraints, which are often outside of your control – these might be resource or time constraints or unforeseen changes or problems;
- Strong problem-solving skill with independence and self-determination, vigorous teamwork and communication skill;
- Strong persistence, efficiency and punctuality in handling multiple tasks under pressure; and
- Excellent communication and negotiation skills and ability in English, both spoken and written to influence others to reach an agreement.