Are you motivated by the opportunity to help shape how we manage financial risk to the RBNZ's balance sheet? This is a key leadership role within the Financial Markets Department of New Zealand's central bank.

Te tūranga - The role

The Portfolio Risk team ensure that financial risks to the RBNZ's balance sheet are identified, measured, monitored and managed in line with the Bank's risk appetite. It is critical that this is enabled by robust data, systems and functionality.

The team ensure that risks are communicated effectively measured, managed and understood, providing day-to-day support to portfolio managers and supporting oversight by senior management, Assets and Liabilities Committee and the Board. The team also contribute to broader work, supporting the RBNZ's strategic objectives and effective management of its balance sheet.

In this role you will:

• Lead oversight of the team's first line financial risk management activities, including financial risk monitoring, reporting and drive continuous improvement of processes.
• Lead uplift initiatives and strategic financial risk management projects
• Work collaboratively with colleagues across the RBNZ and build strong relationships
• Help to lead a great team, including coaching and developing others.

Ō pūkenga - About you
You will:

• Be an experienced financial market professional, data scientist or central banker with strong quantitative skills.
• Have in-depth knowledge of balance sheets, risk modelling, data and systems, and/or financial instruments. Some understanding of programming languages and data visualisation tools (e.g. SQL, Python and Power BI) would be advantageous.
• Have very effective communication and stakeholder management skills.
• Have a growth mind-set and the ability to build strong internal and external relationships. This will be incredibly valuable to your success in this influential role.

The anticipated appointment range for this role is $142,985 to $158,935(actual salary will be dependent on your skills and experience).

Ko wai matou - Who we are

We're kaitiaki (guardians) of New Zealand's financial ecosystem - enabling economic wellbeing and prosperity for all New Zealanders. We do this by providing money and cash, helping to keep prices stable and people in work, maintaining safe banking and underpinning the financial system that allows New Zealand to spend, save, insure and do business.

We do all we can to support, a sustainable, productive and efficient economy built on integrity, innovation and inclusion. We're building diversity and inclusion into everything we do. Our differences seed our innovation and help us deliver our best work - reflective of the needs of society. We welcome and value knowledge of Te Ao Māori, Te Tiriti and Tikanga.


Ngā painga - What we can offer you
The Reserve Bank - Te Pūtea Matua has so much to offer. From flexible working to an inclusive and positive workplace culture, our benefits include additional leave options, a wellness package, working-from-home equipment subsidy, generous parental leave provisions, learning and development opportunities, and access to numerous social, networking and sporting activities.

Find more information about our benefits here: www.rbnz.govt.nz/careers/our-benefits

Come join us if you want to make an impact 

Working at the Reserve Bank - Te Pūtea Matua is about more than a job. Here you'll have a career, a community, and an opportunity to make a positive impact on the lives of others.

Bring your talent, curiosity and expertise and we'll help you do the rest. You'll be part of one of the world's most trusted and respected central banks. We'll invest in you. And with you, we're investing in New Zealand.

Kōrero tāpiri - Additional information 

We welcome all people and we want everyone to be able to equitably participate in our recruitment process. Get in touch with us if there are any barriers to you applying, or if you have access needs and require support or adjustments: email recruitment@rbnz.govt.nz.

Me pēhea te tuku tono - Interested? 

Check out the job description for this role or email us at recruitment@rbnz.govt.nz for more info. You can also contact us if you need any accessibility support to apply for this role.

Applications for this role close at 5pm on Sunday 3 May. Please include a cover letter outlining why you think you'll be a great fit for the role. Whilst acknowledging the growing use of AI, we kindly ask that the information you provide outlines why you think you'll be a great fit for this role and authentically represents you.

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