Shape the future of financial risk management at the Reserve Bank, leading decisions that protect and enhance the stability of New Zealand's monetary system.

Te tūranga - The role Join the Money Group, which stewards New Zealand's monetary system and operates key financial market infrastructure. As Manager Portfolio Risk, you will provide strategic leadership for the Bank's first- and second-line financial risk function, influencing key decisions across policy and balance sheet management.

You will:

• Lead oversight of market, credit, liquidity, and balance sheet risks, ensuring alignment with the Bank's risk appetite.
• Provide expert, trusted advice to portfolio managers, ELT, and the Board on financial risk and governance.
• Develop and maintain risk frameworks, policies, and modelling capability, including stress testing, scenario analysis, and capital modelling.
• Build and lead a high-performing, inclusive team, role-modelling RBNZ values and behaviours.
• Contribute to directorate strategy, cross-Bank initiatives, and policy outcomes, embedding Te Tiriti o Waitangi and fostering diversity, equity, and inclusion.

Ō pūkenga - About you To be successful in this role you will have:

• Proven leadership experience in financial markets or banking, with the ability to build high-performing, inclusive teams.
• Deep expertise in financial risk management, including market, credit, and liquidity risk, and risk modelling (VaR, stress testing, scenario analysis).
• Strong strategic thinking, stakeholder management, and communication skills to influence senior leaders and deliver outcomes.
• Ability to analyse complex risk issues and provide practical, well-judged solutions.
• Knowledge and application of Te Tiriti o Waitangi.
• Eligible to obtain and maintain the appropriate level of New Zealand National Security Clearance.

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.

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