The Reserve Bank of New Zealand is seeking exceptional candidates for the role of Assistant Governor Monetary Policy, a significant leadership role at the heart of New Zealand’s economic and financial system. 

The Reserve Bank of New Zealand (RBNZ) is New Zealand’s central bank. It is responsible for setting monetary policy, prudential regulation and supervision, protecting and promoting financial stability, operating payment and settlement systems and issuing New Zealand’s currency. 

Reporting to the Governor and as a member of the Executive Leadership Team, the Assistant Governor will lead the Monetary Policy Group, bringing together Economics (including Research) and Financial Markets. 

The Assistant Governor will provide strategic leadership across monetary policy analysis, forecasting, research, financial markets and reserve management, ensuring the Governor and Monetary Policy Committee receive highquality advice and supporting the effective implementation of monetary policy. The role will lead and develop highly capable specialist teams, strengthen research and analytical capability and drive continuous improvement across the Group. 

The successful candidate is also expected to be recommended by the RBNZ Board for appointment to the Monetary Policy Committee, subject to the statutory appointment process. 

You will be an experienced senior leader with a strong understanding of monetary economics and monetary policy, together with an understanding of reserve management and the interaction between monetary policy, domestic and international financial markets and the wider financial system. Recognised for your technical credentials, you will have the credibility to lead and engage highly capable economists, researchers and financial markets specialists. 

You will be intellectually curious, open-minded and considered, with sound independent judgement and the resilience to operate effectively in a complex and highly visible public institution. You will be an accomplished people leader who can attract, motivate and develop specialist talent, while bringing the broader strategic leadership capability to contribute effectively as a member of RBNZ’s Executive Leadership Team. 

A clear and credible communicator, you will build trusted relationships across key stakeholders, financial institutions, international organisations, peer central banks and other stakeholders. Importantly, you will have demonstrated experience working in culturally diverse environments and demonstrated knowledge and application of Te Tiriti o Waitangi and Te Ao Māori in organisational leadership and decision-making. 

The role can be based in Wellington or Auckland.