Senior Analyst (Licensing and Authorisations)

New Zealand Government Joba; Wellington; On-site; NZD 129,000 - 150,000; Full time

Benefits offered by this job

Flexible working

Wellness package

Parental leave

Learning & development

Social & sporting activities

Job summary

The Reserve Bank of New Zealand (Te Pūtea Matua) is transforming to implement the Deposit Takers Act, licensing and supervising deposit takers to support financial stability and a sustainable economy. We are seeking a Senior Analyst to join the Licensing and Authorisations team to help establish a new licensing capability, map processes, develop business requirements and identify risks and improvements.

You will work with regulators and industry stakeholders to deliver outputs that enable

Qualifications

• 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.

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

Financial services experience

Legal & economic awareness

Business analysis

Regulatory frameworks

Analytical thinking

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.

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

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

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

Anticipated appointment range

$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 - Te Pūtea Matua is about more than a job. Here you'll have a career, a community, and an opportunity to make a positive impact on the lives of others.'

Bring your talent, curiosity and expertise and we'll help you do the rest. You'll be part of one of the world's most trusted and respected central banks. We'll invest in you. And with you, we're investing in New Zealand.'

Additional information

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

For more information or any questions, get in touch with us: [e-mail].