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

We’re looking for a Senior Adviser, Conduct Risk Analysis to bolster our ability to understand and identify conduct risks within Aotearoa’s financial markets. This position plays a central role in shaping how the FMA identifies, interprets, and responds to the risks that matter most for consumers and investors.

You will play a key role in the next phase of our Business Model Assessment work programme - a key strategic initiative endorsed by our executive leadership team. Business models shape the incentives and decisions of firms and when poorly designed can create significant consumer harm. Your work will help us deepen our understanding of the business models of our regulated firms, and how and where conduct risks manifest through their business models. 

You will also support and/or lead specific pieces of work to develop our supervisory approach, and the tools and techniques our teams can use to help identify, assess and address conduct risks.

Your responsibilities will include:

• Providing thought leadership on risk identification in a regulatory context.
• Conducting detailed financial and business model analysis of firms, sectors, and products.
• Translating analytical insights into practical, actionable advice for supervision teams.
• Bringing together insights from teams across the FMA, including economics, supervision, enforcement, and audit.
• Ensuring business model insights are targeted, impactful, and used to shape regulatory activity.
• Supporting the development of the FMA’s wider supervisory and conduct risk frameworks.
• Helping lift capability across the organisation by developing tools, techniques, and training on conduct risk analysis.

This is an opportunity to directly influence the FMA’s regulatory approach, contribute to the evolution of our risk and supervision frameworks, and help strengthen consumer outcomes across Aotearoa’s financial markets.

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 thrive in spaces where frameworks are still developing.

You will bring most of the following:

• The ability to translate complex, analytical insights into clear, actionable recommendations.
• An ability to interpret financial statements and conduct financial and quantitative analysis.
• Excellent written and verbal communication skills.
• The ability to influence through relationship building and effective collaboration.
• An understanding of risk frameworks or business model concepts (desirable, not essential).
• The ability to share insights across the business as well as working with others to help them develop their capability to assess risk.
• Experience in financial services, consultancy, regulatory, policy, or similar analytical work.

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 like your next opportunity, please apply today. For more information, refer to the position description attached. Applications close Tuesday 21 April 2026.

The appointing salary range for this role is $120–$140k, plus 4% KiwiSaver and the benefits outlined above. Final offers are based on skills, experience, and internal equity. Pay equity and parity are important to us at the FMA, and we are committed to fairness and transparency throughout every stage of recruitment.

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.

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