Advisor - Model Development at Reserve Bank of New Zealand, Wellington

Mō tēnei tūranga mahi | About this role

Advisor - Model development

Reserve Bank of New Zealand'

A fixed term opportunity to influence the direction of monetary policy and the frameworks it operates within. This role offers the opportunity to contribute to a significant upgrade of the Reserve Bank of New Zealand's core forecasting and policy evaluation framework.

Te tūranga - The role
We have a flexible fixed-term opportunity to join the model development team at the Reserve Bank for a period of 1-3 years.

As an Advisor - Model Development in the Modelling team, you will work with a small project team to design and test structural and/or semi-structural models of the New Zealand economy and support their integration into our monetary policy process. Through your technical leadership, project delivery, and proactive engagement, you will contribute to shaping the Bank's policies and achieving ambitious outcomes.

Your role will be to:

• Contribute to the upgrade of our core forecasting and policy analysis framework, by improving existing models and developing new ones to meet the evolving needs of the Economics Directorate and the Monetary Policy Committee
  
• Support the integration of new modelling tools into our modelling infrastructure and monetary policy processes
  
• Present the results of your analysis to the Monetary Policy Committee and externally
  
• Engage and collaborate with a range of internal and external stakeholders
  
• Support the technical development of staff within the Economics Directorate

Ō pūkenga - About you
You are passionate about the contribution you can make to New Zealand's economic wellbeing. You have a deep understanding of monetary policy and the New Zealand economy, and the ability to identify the key questions that matter to a central bank. You can effectively advise senior decision makers with evidence-based analysis. You have experience building models for policy and research purposes and coaching and mentoring more junior staff.

You'll also bring:

• A postgraduate degree in economics, and relevant professional experience
  
• The ability to lead analytical projects, identifying key issues and proposing effective solutions.

• Experience leading the production of high-quality analysis and advice for policy committees.

• The ability to drive stakeholder engagement and maintain relationships with peers, both internal and external.
  

Ngā painga - What we offer
We have a broad range of responsibilities and great opportunities to match people across all stages of their career. We encourage an inclusive and positive workplace culture. We support flexible working and work-life balance. Our benefits include additional leave options, a wellness package, working from home equipment subsidy, generous parental leave provisions, learning and development opportunities, and access to numerous social, networking and sporting activities.

For those currently working in other institutions, we can accommodate a range of different work arrangements.

Ko wai mātou - 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.

Me pēhea te tuku tono - To Apply/Interested?
To hear more about this exciting opportunity, please review the position description, or get in touch with Evelyn Truong, Manager Modelling, Economics Directorate evelyn.truong@rbnz.govt.nz

For recruitment queries, please email recruitment@rbnz.govt.nz

If this has helped you imagine a brighter future, apply online by 23 January 2026 As part of your application, please include a cover letter.