Lead Analyst, Australian Financial System

Reserve Bank of Australia; Sydney; Hybrid; AUD 120,000 - 170,000; Full time

Job summary

Reserve Bank of Australia is seeking experienced Lead or Senior Analysts to support financial stability. You will identify systemic risks, assess vulnerabilities and develop recommendations to strengthen resilience across the Australian financial system.

You will prepare briefing materials for senior executives, collaborate on cross-functional projects, and coach junior staff while gaining exposure to APRA and other agencies. A hybrid work model and development opportunities are offered.

Qualifications

• Strong critical thinking and analytical skills, and an aptitude for handling data.
• High standards in the production of written analysis.
• Strong planning and organisational skills, to drive timely delivery and collaboration on projects.
• An interest in developing leadership skills would be valued.
• Knowledge of how financial institutions operate and prudential regulation is desirable, but not a prerequisite for the role.
• Hold a degree in Economics, Finance, or a related field, with a strong foundation in economic and/or financial principles.

Responsibilities

• Identifying and assessing systemic risks and vulnerabilities.
• Developing recommendations based on analysis related to the resilience of financial institutions and preparations for crisis conditions.
• Preparing briefing materials and analysis for the Reserve Bank’s senior executives.
• Analysing the links between different parts of the financial system.

Skills

Critical thinking

Analytical skills

Data handling

Written analysis

Planning and organisation

Leadership development

Regulatory knowledge (desirable)

Education

Degree in Economics, Finance, or related field

Job description

Exciting opportunity to support the RBA's role in financial stability

Hybrid working environment with investment in personal and professional development

Your team

The Financial Stability Department advises the Governors and Board on risks to the stability of the financial system and produces thebiannual Financial Stability Review (FSR). The Australian Financial System section (AFS) assesses the resilience of the financial system by monitoring and stress testing financial institutions. In crisis periods, AFS works closely with others across the Bank and other public sector agencies to address risks to the financial system. AFS is comprised of three teams covering banks, non-bank financial institutions, and crisis management and resolution.

Your role

You will play a key role in the RBA’s work to contribute to financial stability. You will work closely with your manager to shape your and your teams’ work program, lead and collaborate on projects, and coach more junior staff (as appropriate). This role brings together analysis of the sources of vulnerability and resilience in the Australian financial system analysis of implications of climate change for financial stability. Working in AFS offers an opportunity to develop a deep understanding of how banks and other financial institutions work and are regulated, and to play a part in strengthening Australia’s crisis management arrangements to support financial stability. You will also gain exposure to other parts of the Reserve Bank, APRA and other agencies.

The typical aspects of AFS’ work include:

Identifying and assessing systemic risks and vulnerabilities.

Developing recommendations based on analysis related to the resilience of financial institutions and preparations for crisis conditions.

Preparing briefing materials and analysis for the Reserve Bank’s senior executives.

Analysing the links between different parts of the financial system.

Your background:

We are seeking experienced Lead or Senior Analysts with:

Strong critical thinking and analytical skills, and an aptitude for handling data.

High standards in the production of written analysis.

Strong planning and organisational skills, to drive timely delivery and collaboration on projects.

An interest in developing leadership skills would be valued.

Knowledge of how financial institutions operate and prudential regulation is desirable, but not a prerequisite for the role.

Hold a degree in Economics, Finance, or a related field, with a strong foundation in economic and/or financial principles.

Be More

Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drives the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.

Why RBA?

The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people.

Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go. Our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve.

We encourage intelligent inquiry, and we treat one another with respect while promoting the public interest through our efforts. We know it is the growth and success of our people that drives the RBA forward.

Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia.

The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community. We are committed to making the recruitment process fair and equitable for all our candidates.

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