Job Description

Director of Prudential Supervision

Te tūranga – The role

This is a significant leadership opportunity to shape the future of prudential supervision at the Reserve Bank of New Zealand – Te Pūtea Matua. As Director of Prudential Supervision, you will set the direction for a modern, effective and forward-looking supervisory function that supports financial stability and confidence in New Zealand’s financial system. You will:

• Help shape Te Pūtea Matua’s strategic priorities as a trusted member of the broader Leadership Team, championing a one-team approach and organisation-wide outcomes.
• Lead frontline prudential supervision of licensed deposit takers and insurers, ensuring engagement, assessment, decisions and advice are risk-based, proportionate, forward-looking and aligned with our statutory objectives and financial stability mandate.
• Modernise and strengthen prudential supervision through effective planning and delivery of group-wide and cross-functional strategies and programmes.
• Model exceptional leadership by living our values and developing high-performing people and teams.
• Build constructive, credible and appropriately independent relationships with regulated entities, domestic agencies, peer regulators and other key stakeholders.

Ō pūkenga – About you

You are an accomplished senior leader with experience in prudential supervision, financial regulation, financial services, risk management or a comparable regulatory environment. You have led frontline regulatory functions, set clear priorities, exercised sound judgement in complex environments, and delivered consistent, risk-based outcomes.

You will also bring:

• Strong strategic capability, including experience in leading change and building the people, systems and practices required for future-focused delivery.
• The credibility and judgement to engage senior leaders, boards, regulated entities, government agencies and other stakeholders on complex, sensitive or high-impact matters.
• A sound understanding of prudential regulation, supervision, governance, risk management and financial stability matters, or the ability to develop this knowledge quickly in the New Zealand context.

Ko wai matou – Who we are 

We have three key objectives: maintaining price stability, promoting financial stability, and supporting confidence and resilience in New Zealand's cash and payments systems. Through these objectives we pursue our purpose: Toitū te Ōhanga, Toitū te Oranga – Enabling economic wellbeing and prosperity for all New Zealanders.

We value diverse perspectives because they strengthen our thinking and help us reflect the society we serve. We welcome knowledge of Te Ao Māori, Te Tiriti o Waitangi and tikanga Māori.

Ngā painga – What we can offer you 

The Reserve Bank – Te Pūtea Matua offers flexible working and an inclusive, positive workplace culture. Our benefits include additional leave options, a wellness package, generous parental leave, learning and development opportunities, and a range of social, networking and sporting activities.

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

Come join us if you want to make an impact  

A career at the Reserve Bank – Te Pūtea Matua is an opportunity to contribute to work that matters and make a positive difference for New Zealanders.

Bring your talent, curiosity and expertise to one of the world’s most trusted, connected and respected central banks. We will invest in you – and together, we will invest in New Zealand.

Kōrero tāpiri – Additional information 

Our preference is that this role is located in Auckland. If you are not based in Auckland, you will need to demonstrate a commitment to maintaining a strong and regular presence there, to support building and maintaining effective relationships with key stakeholders.

We welcome applicants from all backgrounds and want everyone to participate equitably in our recruitment process. If you face barriers to applying or require accessibility support or adjustments, email recruitment@rbnz.govt.nz.

Me pēhea te tuku tono – Interested? 

Read the job description for more detail or email recruitment@rbnz.govt.nz with any questions.

Applications close at midnight on Sunday 20 September. Please include a cover letter explaining why you are well suited to the role. While we recognise the growing use of AI, your application should authentically reflect your experience, motivation and suitability.