Adviser (Senior technical role) – Financial Market Infrastructures Supervision

• Work with a team that values collaboration and innovation
• Flexible working, generous benefits and wellness package
• Permanent opportunity - Wellington based

Te tūranga - The role

Would you like to play a key role in the development of improved supervision processes for a critical part of our financial system, and lead their day-to-day supervision?

The Prudential Supervision Department has a broad remit within the Reserve Bank and plays an important role in promoting New Zealand's financial stability for New Zealanders. It is responsible for the prudential supervision of banks, insurers and financial market infrastructures (FMI) as well as oversight of the non-bank deposit taker (NBDT) sector.

This is not your run-of-the-mill Adviser role. You will play a key and lead role in the development of improved FMI supervision outcomes frameworks, under a new piece of legislation (the Financial Market Infrastructures Act 2021). You will work closely with our policy colleagues and our joint regulator, the Financial Markets Authority, as new standards are developed and processes are refined. You will supervise FMIs, monitor performance, assess risk and induce change when necessary and appropriate. You will build and maintain awareness of new market entrants, emerging payment instruments and associated technological advances, and engage with a broad range of other stakeholders in the payments and settlement industry.

You will be required to provide technical leadership, guidance, mentoring and support to the other members of the team, in respect of on-going FMI supervision and related project work.

Ō pūkenga - About you

You'll have strong analytical, conceptual and interpersonal skills, with a proven ability of being highly effective in managing external and internal stakeholder relationships and working as part of a team.

You'll also bring:

• strong academic qualifications in banking and finance related disciplines, with relevant professional experience in related fields
• deep understanding of one or more of the legal, accounting and economic environments within which FMls operate
• proven ability in excellent project management
• extensive, broad-based experience in a bank, financial institution or supervisory authority is essential

Ngā painga - What we offer

We have a broad range of responsibilities and great opportunities to match people across all stages of careers. 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.

Now is a great time to join our growing Supervision team. We have exciting work and challenges ahead as New Zealand's financial landscape evolves. Our supervisory work focuses on organisations at the heart of New Zealand's financial ecosystem. The banks, insurers, financial companies and financial market infrastructures. We seek to ensure they are robust, strong and dynamic. That they provide the financial products and services New Zealand needs to thrive in a rapidly changing world. We collaborate. We educate. We innovate in how we regulate.

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.

Me pēhea te tuku tono - To Apply/Interested?

To find out more please review the position description on our careers website (https://careers.rbnz.govt.nz/jobs) and for a confidential discussion, please email Phoebe Chan, Acting Manager Supervision on [email protected]

For recruitment queries, contact Daniza Galinovic, Recruitment Adviser on [email protected]

If this has helped you imagine a brighter future, apply online by 5pm, Wednesday 6 April 2022. As part of your application, please include a cover letter. All applications must be submitted through our careers site to ensure transparency.

Kōrero tāpiri - Additional information

Here at Reserve Bank of New Zealand - Te Pūtea Matua we are committed to keeping everyone safe from COVID-19. From January 2022 our COVID-19 Vaccination policy is in place which requires all staff, contractors, clients and visitors to be fully vaccinated before they can access our offices. During the recruitment process you will be asked to show us your 'My Vaccine Pass' or a vaccination exemption from the Director-General of Health.

We are accepting overseas applications and relocation assistance is available to the right candidate.