Senior Advisor - Model Development

A fixed-term opportunity to influence the monetary policy process and the core modelling capability that supports it. This is an opportunity to provide technical leadership to a significant upgrade of the Reserve Bank of New Zealand’s core forecasting and policy model.  

Te tūranga – The role

We have a flexible fixed-term opportunity to provide technical leadership for the model development team at the RBNZ for up to 3 years.

As Senior Adviser – Model Development in the Modelling team, you will play a key technical leadership role within a small project team to design a refreshed core forecasting and policy model of the New Zealand economy and support its integration into our monetary policy process.

Through your technical leadership, modelling expertise, project delivery, and proactive stakeholder management, you will play a critical role in ensuring great modelling capability is at the heart of the Bank's monetary policy process.

This is a highly specialised, influential role.

Your role will be to:  

• Provide technical leadership for the upgrade of our core model to meet the evolving needs of the Economics Directorate and the Monetary Policy Committee

• Proactively manage a broad range of internal and external stakeholders, including working closely with the Forecasting Team as key users of our core model

• Support the integration of new modelling tools into our infrastructure and monetary policy processes

• Drive innovation and change in the analysis and formulation of monetary policy in New Zealand

Please review the job description here.

Ō pūkenga – About you 

You are passionate about the contribution you can make to New Zealand’s economic wellbeing. You have a deep understanding of monetary policy and the New Zealand economy, and the ability to identify the key questions that matter to a central bank.

You can effectively advise senior decision makers with evidence-based analysis. You have experience building models for policy purposes and coaching and mentoring more junior staff. 

You’ll also bring: 

• A postgraduate degree in economics, and extensive relevant professional experience

• The ability to lead large analytical projects, identifying key issues and proposing effective solutions. 

• Extensive experience developing and estimating structural or semi-structural economic models for real-world purposes, preferably in a central banking context. 

• The ability to drive stakeholder engagement and maintain strong relationships with peers, both internal and external 

 Ngā painga – What we offer 

We have a broad range of responsibilities and great opportunities to match people across all stages of their career. We encourage an inclusive and positive workplace culture. We support flexible working and work-life balance. 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. 

Ko wai mātou - Who we are 

We’re kaitiaki (guardians) of New Zealand’s financial ecosystem – enabling economic wellbeing and prosperity for all New Zealanders. 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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