Consulting Counsel
International Monetary Fund (IMF)
Close on 14 Jul 2020
Location: Washington DC (United States)
Occupations: Legal Affairs
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Added 1 week ago
Job Description


The IMF Legal Department is seeking a Consulting Counsel, initially on a one-year contract, to work mainly on investment transactions in its Administrative Law Unit. The primary objective of the Administrative Law Unit is to provide high-quality legal advice on matters critical to the management and administration of the institution, which includes advice on law and policies pertaining to, and review, drafting and negotiation of documentation for, investments of the IMF’s endowment, reserves and trust assets, as well as the IMF’s pension and other employee benefits funds.

Duties and Responsibilities

Under the supervision of the Assistant General Counsel responsible for the Administrative Law Unit, or a designated senior counsel, the successful candidate will be responsible for providing detailed advice to IMF management and departments on the full range of issues covered by the Administrative Law Unit, with particular emphasis on investment transactions and internal policies. Among other things, the Consulting Counsel will draft and negotiate investment management agreements for separately managed accounts, custody agreements, derivatives documents, agreements for open- and closed-ended private equity and private debt funds, AML/KYC disclosures and representations, and documentation for opening accounts in non-U.S. jurisdictions. Issues commonly arising include advice on the development and application of internal policies for investment matters, such as for the avoidance of the perception of conflicts of interest, and on U.S. and international investment law and regulation. As needed, the successful candidate will work on other matters of management and administration of the IMF, including contracts for the procurement of IT and other services.


The successful candidate will have a Juris Doctor or equivalent law degree, and a minimum of four years of directly relevant professional legal experience advising on investment transactions under U.S. law. Work experience in a major law firm or financial institution will be an advantage. The successful candidate will have demonstrated experience with derivatives and/or investment funds. The candidate will show the ability to work well under pressure and the technical versatility and flexibility to successfully and independently handle a variety of matters, frequently with short deadlines. The candidate will demonstrate the ability to establish and maintain strong working relationships in a collegial team environment with both internal clients and external parties. Excellent research and analytical skills; clear, concise writing skills; strong interpersonal skills and the ability to work well with counterparts of different cultural backgrounds; outstanding oral communication skills; and excellent planning and organizational skills are essential to the position.

About IMF

The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Created in 1945, the IMF is governed by and accountable to the 189 countries that make up its near-global membership.

The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. The Fund's mandate was updated in 2012 to include all macroeconomic and financial sector issues that bear on global stability.

The IMF’s fundamental mission is to ensure the stability of the international monetary system. It does so in three ways: keeping track of the global economy and the economies of member countries; lending to countries with balance of payments difficulties; and giving practical help to members.