Advisor (Capital and Solvency, Prudential Policy)

Reserve Bank of New Zealand; Wellington; On-site; NZD 152,000 - 178,000; Full time

Job summary

Reserve Bank of New Zealand in Wellington or Auckland seeks an Advisor to drive policy insights and strengthen the financial system. The fixed-term role supports the Capital and Solvency team in capital settings and solvency for banks and insurers, with hybrid work options.

You will lead analytical projects, mentor juniors, and prepare high‑quality advice for senior leaders and external stakeholders, while advancing Te Tiriti o Waitangi and cross‑Bank collaboration.

Qualifications

• Seven years of experience in public policy, regulation, or financial services.
• Degree in economics, finance, law, public policy, or a related discipline.
• Proven track record delivering complex policy or analytical projects.
• Ability to influence diverse stakeholders and communicate clearly.

Responsibilities

• Lead analytical, policy and research projects, guiding and coaching junior colleagues.
• Prepare clear, high‑quality advice and reports for internal and external stakeholders.
• Engage and influence senior leaders across RBNZ, government, industry and international peers.
• Lead industry engagement and build effective relationships with external stakeholders.
• Provide subject matter expertise to strengthen organisational knowledge and decision‑making.
• Provide quality assurance for the work of junior colleagues.
• Contribute to cross‑Bank initiatives, embedding Te Tiriti o Waitangi and promoting diversity, equity and inclusion.
• Build strong professional relationships and foster collaboration across the Bank.
• Support your manager in prioritising work programmes and deputise as required.

Skills

Policy analysis

Stakeholder engagement

Leadership

Policy drafting

Te Tiriti knowledge

Education

Economics degree

Public policy degree

Job description

Advisor (Capital and Solvency, Prudential Policy)

Drive policy insights and analytical excellence to strengthen New Zealand’s financial system.

Fixed term role based in Wellington or Auckland until the end of June 2028. Central location with a flexible, hybrid working environment.

Tetūranga– The role

Join the Capital and Solvency team within the Financial Stability Group, which leads RBNZ’s work to support the stability of New Zealand’s financial system. The Capital and Solvency team are responsible for two key areas of policy to support financial stability: how much capital banks are required to have and the solvency requirements for insurers. The team recently led a high‑profile review of capital settings, which involved high‑quality policy analysis, research and cost benefit analysis. As an Advisor, you will lead projects, workstreams and analysis that shape policy development and decision‑making across the Bank. Your work will inform senior leaders, strengthen engagement with industry and public sector stakeholders, and contribute thought leadership in your areas of expertise.

In this role you will:

• Lead analytical, policy and research projects, guiding and coaching junior colleagues.
• Prepare clear, high-quality advice and reports for internal and external stakeholders.
• Engage and influence senior leaders across RBNZ, government, industry and international peers.
• Lead industry engagement and build effective relationships with external stakeholders.
• Provide subject matter expertise to strengthen organisational knowledge and decision‑making.
• Provide quality assurance for the work of junior colleagues.
• Contribute to cross‑Bank initiatives, embedding Te Tiriti o Waitangi and promoting diversity, equity and inclusion.
• Build strong professional relationships and foster collaboration across the Bank.
• Support your manager in prioritising work programmes and deputise as required.

Ōpūkenga– About you

To be successful in this role you will bring:

• At least 7 years’ professional experience in public policy, regulation, financial services or a related field.
• A degree in economics, finance, law, public policy or a related discipline.
• A proven track record of delivering complex policy, analytical or financial projects.
• Strong interpersonal skills, with the ability to influence and build trust with diverse stakeholders.
• Excellent written and verbal communication skills for technical and non‑specialist audiences.
• Experience coaching or mentoring colleagues and leading small teams.
• Knowledge of government processes, legislation and Cabinet decision‑making.
• Sound judgement, holistic thinking and the ability to identify policy‑relevant issues.
• Demonstrated knowledge and application of Te Tiriti o Waitangi.
• Eligibility to obtain and maintain the appropriate level of NZ National Security Clearance.

Ko wai mātou – Who we are

We’re kaitiaki (guardians) of New Zealand’s financial ecosystem – enabling economic wellbeing and prosperity for all NewZealanders. We provide money and cash, maintain safe banking, underpin the financial system, and help keep prices stable. We’re building diversity and inclusion into everything we do. Our differences seed innovation and help us deliver our best work – reflective of the needs of society. Knowledge of Te Ao Māori, Te Tiriti and Tikanga is welcomed and valued.

Ngā pāinga – What we can offer you

We have a broad range of responsibilities and great opportunities for people at all career stages. We encourage an inclusive and positive workplace culture and support flexible working and work‑life balance.

Our benefits include additional leave options, a wellness package, generous parental leave provisions, learning and development opportunities, and access to numerous social, networking and sporting activities.

The anticipated appointment range for this role is $152,325 to $177,713 (actual salary will be dependent on your skills and experience).

Come join us if you want to make an impact

Working at Te Pūtea Matua is about more than a job. Here you’ll have a career, a community, and an opportunity to make a meaningful difference for NewZealand.

Bring your talent, curiosity and expertise – we’ll invest in you, and together, we’re investing in NewZealand.

Kōrerotāpiri- Additional information

If youencounteraccessibility barriers in the application process or if you have access needs and require support or adjustments toparticipateequitably in the recruitment process, please email [e-mail].