Location: Auckland or Wellington basedBenefits: Five weeks annual leave and generous wellness allowanceTe turanga - The roleThis role is located within the Financial Stability Assessment and Strategy Directorate. The Stress Testing team is responsible for delivering a multiyear stress testing programme. Stress tests assess the resilience of regulated entities and the financial system to severe but plausible shocks. Stress testing helps build understanding and the capability to monitor and manage risks to financial stability. We need to consider a broad range of risks - credit, insurance, climate, cyber, operational, liquidity, pandemic, seismic - to the financial system.You will be responsible for contributing to the implementation and delivery of our stress testing work programme. This includes contributing to scenario design, engagement with entities, in-depth desktop modelling and analysis, and drafting of technical but accessible reports.Key Responsibilities:Preparing high-quality written analysis on all matters relating to thematic review work programmesPresenting and communicating all work in an accessible manner for a variety of internal and external stakeholdersContributing to expert advice provided to senior decision makers and/or Reserve Bank committeesIdentifying and assessing credit and other risks to regulated entitiesContributing to the design, implementation and delivery of stress testsO pukenga - About youYou're a curious problem solver who enjoys working with a range of different stakeholders. You're a true team player with a keen interest in expanding your stress testing experience.If you have some of the following, then we want to hear from you:Previous experience in the fields of banking, insurance, risk management and compliance, auditing or supervision/regulationA tertiary qualification in finance related disciplinesAn understanding of credit risk modelling, and use of quantitative models to assess credit risk in financial institutions, with a strong emphasis on portfolio analysis and stress testingAn understanding of the New Zealand financial systemKo wai matou - Who we areWe're kaitiaki (guardians) of New Zealand's financial ecosystem - enabling economic wellbeing and prosperity for all New Zealanders. We do all we can to support a sustainable, productive and efficient economy built on integrity, innovation, and inclusion. We're building diversity and inclusion into everything we do. Our differences seed our innovation and help us deliver our best work - reflective of the needs of society. We welcome and value knowledge of Te Ao Maori, Te Tiriti and Tikanga.So come join us if you're wanting that something moreBring 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.For more general queries about the role please email ****** this has helped you imagine a brighter future, apply online by 5pm, Wednesday 27 November 2024. Please include a cover letter with your application.Korero tapiri - Additional informationIf you encounter accessibility barriers in the application process or if you have access needs and require support or adjustments to participate equitably in the recruitment process, please email ******.
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