Senior Analyst, Licensing and Authorisations

2 weeks ago


Wellington, Wellington, New Zealand New Zealand Government Full time
The Reserve Bank is preparing to implement new legislation that will promote the prosperity and well-being of New Zealanders.

This legislation 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.

This permanent role sits within an ongoing multi-year project programme with a range of newly created roles that will enable Te Pūtea Matua to operationalise its updated role and responsibilities under the Deposit Takers Act 2023 (DTA or the Act).

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.

The Licensing and Authorisations team focuses specifically on ensuring that licenses are appropriately issued to market participants.
Te Pūtea Matua are looking for a Senior Analyst to join the Licensing and Authorisations team.

This team was established in mid-2023 as a result of the Deposit Takers Bill being introduced to Parliament, and the concurrent review of the Insurance (Prudential Supervision) Act 2010.

The team consists of a Manager, two Advisers and another Senior Analyst.

In this role you will:

  • Support the implementation of a modernised, fitforpurpose licensing capability under the DTA by developing business processes and workflows.
  • Identify and analyse existing processes and technology to identify areas for improvement, and document our requirements.
  • Review prospective deposit takers and insurers against our prudential standards and contribute to licensing assessments.
  • Understand the financial sector's needs and prepare collateral to support their engagement with us.

Ō pūkenga - About you You'll bring:

  • Broad-based experience in a bank, insurer or other financial institution or supervisory authority.
  • Understanding of legal, accounting and economic environments within financial institutions is ideal.
  • Experience in continuous improvement, business analysis and/or project management is preferred.
  • An understanding of regulatory frameworks and regulatory decisionmaking.
  • Strong analytical skills and creative thinking.


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