Director Prudential Supervision

CGR Services; Auckland; On-site; NZD 250,000 - 350,000; Full time

Job summary

The Reserve Bank of New Zealand – Te Pūtea Matua is seeking a Director of Prudential Supervision to shape the direction of our supervisory function and support financial stability. You will lead frontline supervision of licensed deposit takers and insurers, drive cross‑functional strategies, and build credible relationships with regulated entities and other regulators.

Located in Auckland, this role demands strategic leadership, strong risk judgement and the ability to navigate complex

Responsibilities

• Lead frontline prudential supervision of licensed deposit takers and insurers, ensuring risk-based, proportionate and forward-looking decisions.
• Shape strategic priorities as a trusted member of the Leadership Team, championing a one-team approach.
• Modernise supervision through cross-functional strategies and programmes.
• Model exceptional leadership and develop high-performing people and teams.
• Build credible, independent relationships with regulated entities, domestic agencies, peer regulators and key stakeholders.

Job description

Director of Prudential Supervision Te tūranga - The role

This is a significant leadership opportunity to shape the future of prudential supervision at the Reserve Bank of New Zealand - Te Pūtea Matua. As Director of Prudential Supervision, you will set the direction for a modern, effective and forward-looking supervisory function that supports financial stability and confidence in New Zealand's financial system.

You will:

• Help shape Te Pūtea Matua's strategic priorities as a trusted member of the broader Leadership Team, championing a one-team approach and organisation-wide outcomes.
• Lead frontline prudential supervision of licensed deposit takers and insurers, ensuring engagement, assessment, decisions and advice are risk-based, proportionate, forward-looking and aligned with our statutory objectives and financial stability mandate.
• Modernise and strengthen prudential supervision through effective planning and delivery of group-wide and cross-functional strategies and programmes.
• Model exceptional leadership by living our values and developing high-performing people and teams.
• Build constructive, credible and appropriately independent relationships with regulated entities, domestic agencies, peer regulators and other key stakeholders.

Ō pūkenga - About you

You are an accomplished senior leader with experience in prudential supervision, financial regulation, financial services, risk management or a comparable regulatory environment. You have led frontline regulatory functions, set clear priorities, exercised sound judgement in complex environments, and delivered consistent, risk-based outcomes.

You will also bring:

• Strong strategic capability, including experience in leading change and building the people, systems and practices required for future-focused delivery.
• The credibility and judgement to engage senior leaders, boards, regulated entities, government agencies and other stakeholders on complex, sensitive or high-impact matters.
• A sound understanding of prudential regulation, supervision, governance, risk management and financial stability matters, or the ability to develop this knowledge quickly in the New Zealand context.

Ko wai matou - Who we are

We have three key objectives: maintaining price stability, promoting financial stability, and supporting confidence and resilience in New Zealand's cash and payments systems. Through these objectives we pursue our purpose: Toitū te Ōhanga, Toitū te Oranga - Enabling economic wellbeing and prosperity for all New Zealanders. We value diverse perspectives because they strengthen our thinking and help us reflect the society we serve. We welcome knowledge of Te Ao Māori, Te Tiriti o Waitangi and tikanga Māori.

Ngā painga - What we can offer you

The Reserve Bank - Te Pūtea Matua offers flexible working and an inclusive, positive workplace culture. Our benefits include additional leave options, a wellness package, generous parental leave, learning and development opportunities, and a range of social, networking and sporting activities. Find more information about our benefits here: www.rbnz.govt.nz/careers/our-benefits

Kōrero tāpiri - Additional information

Our preference is that this role is located in Auckland. If you are not based in Auckland, you will need to demonstrate a commitment to maintaining a strong and regular presence there, to support building and maintaining effective relationships with key stakeholders. We welcome applicants from all backgrounds and want everyone to participate equitably in our recruitment process.

Me pēhea te tuku tono - Interested?

Applications close at midnight on Sunday 20 September.