Director Prudential Supervision

Reserve Bank of New Zealand; Auckland; On-site; NZD 180,000 - 300,000; Full time

Benefits offered by this job

Flexible working

Wellness package

Parental leave

Learning and development opportunities

Social and networking activities

Job summary

The Reserve Bank of New Zealand – Te Pūtea Matua is seeking a Director of Prudential Supervision in Auckland to lead frontline prudential supervision and set the strategy for a modern, risk-based supervisory function aligned with financial stability objectives.

You will engage with senior leaders, boards, regulated entities and government agencies, build high-performing teams, and advance cross-functional programmes while living our values.

Qualifications

• Senior leader with experience in prudential supervision, financial regulation or risk management.
• Led frontline regulatory functions and delivered risk-based outcomes.
• Capability to engage senior leaders and regulators on complex matters.

Responsibilities

• Shape Te Pūtea Matua's strategic priorities as a trusted Leadership Team member.
• Lead frontline prudential supervision of licensed deposit takers and insurers with risk-based, proportionate decisions.
• Modernise and strengthen prudential supervision through group-wide strategies and programmes.
• Model leadership by living our values and developing high-performing teams.
• Build constructive relationships with regulated entities, agencies and stakeholders.

Skills

Strategic leadership

Regulatory judgment

Stakeholder engagement

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. If you face barriers to applying or require accessibility support or adjustments, email [e-mail].

Me pēhea te tuku tono – Interested?

Applications close at midnight on Sunday 20 September. Please include a cover letter explaining why you are well suited to the role. While we recognise the growing use of AI, your application should authentically reflect your experience, motivation and suitability. Join us and you’ll contribute to New Zealand’s economic wellbeing and prosperity, help shape our future, and the future for all who call New Zealand home. We’re one of the world’s most trusted, connected and respected central banks and we have a broad range of roles to match people across all stages of their careers. Our people come from many disciplines and many walks of life. We embrace differences and new perspectives. The wellbeing of our people and work/life balance are really important to us. We provide a wide range of benefits, flexibility and support to help you thrive and succeed. For general enquiries, please feel free to reach out to one of our team [e-mail]