A great place to work. With great work to do.

Ours is a meaningful and impactful role, as a kaitiaki (caretakers) of the financial services market in Aotearoa. We oversee a market that does right by everyone, ensuring better outcomes for all New Zealanders. Our role as a kaitiaki is brought to life by our values; Look to the Horizon, Help the Team Work, Make the Calls and Open Hearts, Open Minds.

Te Tūranga | The Role

This is a newly-created role for either a Principal or Senior Analyst, Conduct Risk to bolster our ability to understand and identify conduct risks within Aotearoa’s financial markets. This role will play a central part in shaping how the FMA identifies, interprets, and responds to the risks that matter most for consumers and investors.

You will contribute to the next phase of our Business Model Assessment work programme - a key strategic initiative endorsed by our executive leadership team. Your work will help deepen our understanding of how conduct risks manifest within the business models of regulated firms, and where this can result in consumer harm.

Depending on your experience and level, you will operate with varying degrees of scope, influence, and leadership:

At a Principal Analyst level, you will:

• Provide intellectual and thought leadership on conduct risk and developing our approach to business model analysis across the FMA.
• Lead complex, high‑impact analytical work that shapes regulatory strategy and supervisory approaches.
• Influence senior stakeholders across the organisation and externally.
• Drive the development of frameworks, tools and methodologies that uplift organisational capability.
• Mentor and guide others, helping build capability in conduct risk analysis across teams.

At a Senior Analyst level, you will:

• Lead or contribute to analytical work assessing business models, sectors, and products.
• Translate analytical insights into clear, practical advice to support supervision and regulatory decision‑making.
• Support the development of tools, techniques and approaches to identify and assess conduct risk.
• Collaborate with teams across the FMA, including supervision, economics, enforcement and audit, to bring together insights.
• Contribute to building organisational understanding of conduct risk and business model dynamics.

Across both levels, your work will help ensure that insights are targeted, impactful, and applied to shape regulatory activity, contributing to improved outcomes for consumers and investors.

This is a permanent opportunity, however we are open to considering a secondment arrangement if you're currently working in the public sector. 

He kōrero mōu | About you

You’re analytical, curious, and able to see both the detail and the bigger picture. You enjoy combining financial analysis, market insights, and strategic thinking to form well‑supported conclusions. You’re comfortable navigating ambiguity and enjoy working in areas where frameworks are evolving.

You bring strong judgement and the ability to translate complex insights into clear, actionable thinking that supports real‑world regulatory decisions.

For either level, you will bring:

• The ability to translate complex analytical insights into clear, actionable recommendations.
• Strong written and verbal communication skills.
• Experience working with financial information, business models, or quantitative analysis.
• The ability to build relationships and work collaboratively across diverse teams.
• Experience in financial services, consultancy, regulatory, policy, or similar analytical environments.
• A curiosity about how markets operate and where risks to consumers and investors may arise.

At a Principal Analyst level, you will also bring:

• Expertise in financial analysis, business model assessment, or conduct risk.
• A track record of leading complex analytical work or programmes of work.
• The ability to influence senior stakeholders and shape organisational thinking.
• Experience developing frameworks, tools, or approaches that uplift capability across teams.
• Strong mentoring or coaching capability.

At a Senior Adviser level, you will also bring:

• Solid experience conducting structured analysis and contributing to complex pieces of work.
• The ability to take ownership of analytical tasks and deliver high‑quality outputs.
• A willingness to develop deeper expertise in conduct risk and business model analysis.

Relevant tertiary qualifications in finance, economics, data science, or similar fields are preferred.

You’re not expected to meet 100% of the criteria. At the FMA, a growth mindset is at the heart of our culture. If you have most of what we’re looking for and are excited by the opportunity, we’d love to hear from you.

Ngā painga | What we offer

We offer a comprehensive range of benefits, including:

• 4% KiwiSaver employer contribution.
• Health and life insurance cover.
• Paid leave over the Christmas period.
• The ability to swap public holidays for days that hold personal significance.
• Exceptional learning and development opportunities, including technical training and leadership programmes.

At the FMA, we’re committed to a diverse and inclusive workplace where everyone feels valued, respected, and empowered to bring their authentic selves to work. We also offer a range of wellness and social activities to support both personal and professional wellbeing and help our people genuinely connect with one another.

Me pēhea te tuku tono | How to apply

If this sounds intriguing, please check out the position description/s and apply online via our Careers website. Specific questions can be directed to Kelly Winyard, Talent and Recruitment Lead on careers@fma.govt.nz.

Applications close at 5pm on Wednesday 8 July 2026.

If you require any support with your application, please let us know so we can ensure you are best placed to complete the process with ease.