Adviser - testing

2 weeks ago


Wellington, Wellington, New Zealand New Zealand Government Full time

Te tūranga - The role
This 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. The Adviser plays a lead role in overseeing and delivering stress tests. This is done through careful planning, detailed scenario design, comprehensive engagement with entities, in-depth desktop modelling and analysis and drafting of technical but accessible reports. The Adviser will sit in the insurance side of the team. Some of your other responsibilities include:

  • Ensuring stress tests are aligned to significant financial stability risks and the RBNZ's strategic direction.
  • Ensuring practical and effective recommendations from stress testing activity supports the RBNZ and industries' understanding and ability to manage risks.
  • Ensuring stress testing processes and capabilities reflect global good practice.
  • Motivating, leading and developing the team to perform at their best.
  • Foster a work environment that is inclusive, safe, trusted and equitable.

Ō pūkenga - About youYou're an experienced, inclusive, and collaborative people leader. You have a strategic mindset, with the ability to think holistically across a broad range of issues and solve problems creatively. You'll have:

  • Significant experience in stress testing, risk modelling, working either in a frontline supervisory/regulatory roles, consulting or risk management.
  • Proven leadership experience - building, fostering, and enabling a motivated, high performing, collaborative, inclusive and diverse team culture.
  • The ability to provide intellectual and organisational leadership and to develop a broad range of knowledge and skills across a range of specialisations relevant to the team.
  • Understanding of the banking and/or insurance sectors.
  • Proven relationship management experience at all levels across a broad range of stakeholders, with the ability to tailor approach to meet different stakeholders' requirements.

To find out more please review the position description. Ko wai matou - Who we are We'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 Māori, Te Tiriti and Tikanga. So come join us if you're wanting that something more 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. For more general queries about the role please email If this has helped you imagine a brighter future, apply online by Sunday 30 June, 2024. Please include a cover letter with your application. Kōrero tāpiri - 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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