Head of Economic Analysis

Economic Analysis is the custodian of the RBA’s view on current economic conditions and the outlook and the underlying analytical frameworks and infrastructure and sits at the heart of the monetary policy process. The Head of Economic Analysis needs to be able to lead and empower a diverse, collaborative and collegiate team that work together and embody the Bank’s Open & Dynamic culture, to deliver excellent economic analysis and policy advice to the Board.

Objectives

• Oversee and contribute to the effective performance of the RBA and delivery of the RBA’s strategic priorities through leadership of the Economic Analysis department and contributing to RBA-wide strategic initiatives.

• Motivate, foster, and inspire a culture aligned to the RBA’s values, enabling an environment for high levels of staff engagement and performance.

• Build an open and dynamic environment that focuses on delivering outcomes, prioritisation, learning and adapting as we go.

• Provide leadership, guidance and development of employees and teams to effectively achieve team, department, and enterprise outcomes.

• Provide proactive and effective communication, encouraging multilevel feedback and fostering a culture of openness and trust.

• Foster collaborative relationships with colleagues and key stakeholders to achieve enterprise outcomes.

Technical Capabilities

• Proven ability to lead and inspire a team of economists and technical experts to deliver agreed-upon outputs, including leading through change.

• Experience developing and successfully implementing strategic plans at a department/business unit level.

• Experience anticipating and managing complex risks and engaging with multiple stakeholders to successfully deliver strategic objectives, including the effective management of staff health, safety and holistic wellbeing.

• Experience in developing policies, systems, and processes, including substantial experience in the provision of high-level policy advice and recommendations for change.

• Proven ability to lead and inspire a team of economists and technical experts to deliver excellent economic analysis and forecasts

• Ability to write and communicate complex economic concepts and dynamics to a diverse audience, including the Monetary Policy Board and the general public

• Ability to build and maintain internal and external relationships, to broaden and deepen the Bank’s understanding of current economic conditions and the outlook

• Experience credibly representing public or private sector organisations at a senior level, in formal and informal settings.

• Strong understanding of the Australian economy, financial markets, and system.

• Strong understanding of the purpose of the central bank, and the context in which all functional areas contribute to the strategic goals of the enterprise.

Qualifications

• Relevant tertiary qualifications in economics or a related discipline, preferably at postgraduate level, or equivalent experience.

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 Bank forward as an organisation. Be more means you can do more, for yourself and for Australia.

Why RBA?

Through the pursuit of national economic policy objectives and associated activities in financial markets and banking, the RBA makes an important contribution to the Australian economy. We also issue Australia's banknotes and operates 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 have a critical role to play in achieving these objectives, whether directly or in a supporting capacity. As a values driven organisation, 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.  

Your application should include a resume detailing your experience and qualifications.

The Reserve Bank of Australia is an equal opportunity employer.  We are committed to creating a diverse and inclusive workplace and encourage applications from experienced candidates seeking workplace flexibility.

Few places give you the balance of professional challenge and a management culture that not only supports but