Senior Analyst (Licensing and Authorisations)

Reserve Bank of New Zealand; Auckland; On-site; NZD 129,000 - 150,000; Full time

Benefits offered by this job

Additional leave options

Wellness package

Generous parental leave provisions

Learning and development opportunities

Access to numerous social, networking,

and sporting activities

Job summary

The Reserve Bank of New Zealand is recruiting a Senior Analyst to join the Licensing and Authorisations team as it implements the new Deposit Takers Act. This permanent role focuses on developing licensing capabilities for deposit takers within a transforming regulatory environment.

You will analyse regulatory frameworks, document business requirements, and contribute to risk identification and process improvements to support a robust licensing regime.

Qualifications

• Broad-based experience in a bank, insurer or other financial institution or supervisory authority.
• Understanding of regulatory frameworks and regulatory decision-making.
• Experience in continuous improvement, business analysis and/or project management.
• An understanding of regulatory frameworks and regulatory decision-making.
• Strong analytical, diagnostic and conceptual skills and creative thinking.

Responsibilities

• Support the implementation of the Deposit Takers Act working with the Manager Licensing & Authorisations and the Advisers in Licensing & Authorisations to develop products and outputs required to establish a new and functioning licensing capability.
• Identify and analyse business process and workflows to identify new ways of licensing regulated entities and areas for improvement.
• Develop and document business requirements for projects and operational process improvement activities.
• Proactive identification and reporting of risks and issues.

Skills

Regulatory experience

Financial institution knowledge

Business analysis

Process improvement

Regulatory decision-making

Job description

Senior Analyst – Licensing and Authorisations

The Reserve Bank is preparing to implement the Deposit Takers Act (‘DTA’) which is new legislation to replace and update the legislation through which we regulate and supervise deposit takers. The DTA will contribute to a productive and sustainable economy by protecting and promoting the stability of the financial system.

This is an exciting time as Te Pūtea Matua continues to transform, setting up to meet an evolving mandate and purpose. The primary focus for this permanent role will be to help implement new licensing frameworks for deposit takers. This role provides the opportunity to join us in a programme of work that is key to Te Pūtea Matua’s transformation.

Te tūranga – The role

The Financial Stability group is responsible for ensuring that financial institutions are licensed, effectively regulated and supervised, and where applicable, enforcement action is taken.

Te Pūtea Matua is looking for a Senior Analyst to join the Licensing and Authorisations team. The Licensing and Authorisations team is relatively new and was established as a result of the Deposit Takers Act and the review of the Insurance (Prudential Supervision) Act 2010.

In this role you will:

• Support the implementation of the Deposit Takers Act working with the Manager Licensing & Authorisations and the Advisers in Licensing & Authorisations to develop products and outputs required to establish a new and functioning licensing capability.


• Identify and analyse business process and workflows to identify new ways of licensing regulated entities and areas for improvement.


• Develop and document business requirements for projects and operational process improvement activities.


• Proactive identification and reporting of risks and issues.

Ō pūkenga – About you

You’ll bring:

• Broad-based experience in a bank, insurer or other financial institution or supervisory authority is preferred.


• Understanding of legal, accounting and economic environments within financial institutions is ideal.


• Experience in continuous improvement, business analysis and/or project management.


• An understanding of regulatory frameworks and regulatory decision-making.


• Strong analytical, diagnostic and conceptual skills and creative thinking.

Ngā painga – What we can offer you

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

• additionalleave options


• a wellness package


• generous parental leave provisions


• learning and development opportunities


• access tonumeroussocial, networking and sporting activities

Find out more here: www.rbnz.govt.nz/careers/our-benefits

The anticipated appointment range for this role is $128,699 to $150,149 (actual salary will be dependent on your skills and experience).

Come join us if you want to make an impact

Working at the Reserve Bank –TePūteaMatua is about more than a job. Hereyou’llhave a career, a community, and an opportunity to make a positive impact on the lives of others.

Bring your talent, curiosity andexpertiseandwe’llhelp you do the rest.You’llbe part of one of the world’s most trusted and respected central banks.We’llinvest in you. And with you,we’reinvesting in New Zealand.

Kōrerotāpiri– Additional information

Youdon’thave to meet all the above criteria to apply. If you think you can contribute to several of the above criteria, we would love to hear from you.

We welcome all people, and we want everyone to be able to equitably participate in our recruitment process.

Whilst acknowledging the growing use of AI, we ask that your application authentically explains why you would be a great fit for this role