Senior Manager - Council of Financial Regulators

• Play a key role in driving and shaping the Council of Financial Regulators Program to promote financial stability

• Lead a dynamic and collaborative team

• 5-year max-term contract, Sydney CBD based with hybrid working

Play a pivotal role in driving and shaping the Council of Financial Regulators (CFR) program to promote financial stability, at the centre of collaboration across RBA, APRA, ASIC and Treasury.

About the Department

The RBA Financial Stability Department’s overarching purpose is to enhance the resilience of the Australian financial system, with a vision to be an open and dynamic department, trusted for its analysis and policy advice. Our strategy comprises six key priorities which form an exciting work program: assessing financial stability, building crisis readiness, understanding financial stability-monetary policy interactions, working with the CFR to address systemic risks, partnering with peers, and strengthening our key enablers.

About the Council of Financial Regulators (CFR)

The Council of Financial Regulators (CFR) is the main coordinating body for Australia’s financial regulators. It comprises the RBA, the Australian Prudential Regulation Authority (APRA), the Australian Securities and Investments Commission (ASIC) and the Treasury. The CFR facilitates cooperation and collaboration across member agencies, with the ultimate aim of promoting the stability of the Australian financial system and supporting effective and efficient regulation.

The CFR delivers a critical program of initiatives to address the highest priority risks and challenges facing the Australian financial system, operating through a range of inter-agency groups and meetings. The CFR Heads meet quarterly (the RBA Governor, the APRA Chair, the ASIC Chair and the Treasury Secretary). The Governor chairs the CFR, and the RBA provides the secretariat and coordinates the program.

About the role

As Senior Manager of the CFR team, you will lead a high-performing team that drives the RBA’s initiatives and engagement with other CFR agencies on financial stability.

You will lead a team that is at the centre of the CFR program, responsible for bringing agencies together to analyse and address systemic risks and vulnerabilities, drive crisis preparedness and coordinate regulatory reform. The team is also responsible for shaping and delivering critical engagements at the highest level involving the Governor, as well as the Chairs, Deputy Chairs and other senior executives of the CFR agencies.

As a part of the FS Senior Management Team, you will also contribute to the broader strategic direction and leadership of the Department. Our senior managers work collaboratively to prioritise and, together with their teams, deliver on our strategy.

Your responsibilities

• Lead the RBA team responsible for driving, shaping and coordinating the CFR program, including leading inter-agency groups, and driving innovation and change in how the CFR operates.

• Lead, guide and develop the team, engaging at a senior level internally and strengthening engagement with a wide range of stakeholders externally in the financial sector.

• Contribute to the broader strategic direction and leadership of the Financial Stability Department, with shared accountability for delivering on the department’s strategy.

Your background

• Excellent stakeholder management skills, with an ability to influence, collaborate and represent the RBA effectively in cross-agency settings

• Experienced people leader, with a record of developing high-performing teams and delivering on strategic priorities

• Strong planning and prioritisation skills, with an ability to coordinate multi-agency work programs and competing deadlines

• Adaptable and innovative mindset, able to lead teams and stakeholders through uncertainty and ambiguity

• Experience and/or strong interest in financial stability policy, financial regulation and/or financial markets

• Commitment to modelling the RBA’s values and fostering an inclusive, constructive team culture

Please note: The successful applicant must be an Australian Citizen to obtain and maintain an NV1 security clearance which is a key requirement of this role.

Be More

Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drives the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.

Why RBA?

The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people. Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go. Our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry and we treat one another with respect while promoting the public interest through our efforts. We know it is the growth and success of our people that drives the RBA forward. Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia.

The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community. We are committed to making the recruitment process fair and equitable for all our candidates.

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