Manager Portfolio Risk

Wellington - New Zealand

Monthly Salary: Not Disclosed

Posted on: 17 hours ago

Vacancies: 1 Vacancy

Job Summary

Manager Portfolio Risk

Shape the future of financial risk management at the Reserve Bank leading decisions that protect and enhance the stability of New Zealands monetary system.

Te tūranga The role

Join the Money Group which stewards New Zealands monetary system and operates key financial market infrastructure. As Manager Portfolio Risk you will provide strategic leadership for the Banks first- and second-line financial risk function influencing key decisions across policy and balance sheet management.

You will:

Lead oversight of market credit liquidity and balance sheet risks ensuring alignment with the Banks risk appetite.
Provide expert trusted advice to portfolio managers ELT and the Board on financial risk and governance.
Develop and maintain risk frameworks policies and modelling capability including stress testing scenario analysis and capital modelling.
Build and lead a high-performing inclusive team role-modelling RBNZ values and behaviours.
Contribute to directorate strategy cross-Bank initiatives and policy outcomes embedding Te Tiriti o Waitangi and fostering diversity equity and inclusion.

Ō pūkenga About you

To be successful in this role you will have:

Proven leadership experience in financial markets or banking with the ability to build high-performing inclusive teams.
Deep expertise in financial risk management including market credit and liquidity risk and risk modelling (VaR stress testing scenario analysis).
Strong strategic thinking stakeholder management and communication skills to influence senior leaders and deliver outcomes.
Ability to analyse complex risk issues and provide practical well-judged solutions.
Knowledge and application of Te Tiriti o Waitangi.
Eligible to obtain and maintain the appropriate level of New Zealand National Security Clearance.

Ko wai matou Who we are

Were kaitiaki (guardians) of New Zealands financial ecosystem enabling economic wellbeing and prosperity for all New Zealanders. We do this by providing money and cash helping to keep prices stable and people in work maintaining safe banking and underpinning the financial system that allows New Zealand to spend save insure and do business.

We do all we can to support a sustainable productive and efficient economy built on integrity innovation and inclusion. Were 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.

Ngā painga What we can offer you

The Reserve Bank Te Pūtea Matua has so much to offer. From flexible working to an inclusive and positive workplace culture 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.

Find more information about our benefits here: join us if you want to make an impact

Working at the Reserve Bank Te Pūtea Matua is about more than a job. Here youll have a career a community and an opportunity to make a positive impact on the lives of others.

Bring your talent curiosity and expertise and well help you do the rest. Youll be part of one of the worlds most trusted and respected central banks. Well invest in you. And with you were investing in New Zealand.

Kōrero tāpiri Additional information

We welcome all people and we want everyone to be able to equitably participate in our recruitment process. Get in touch with us if there are any barriers to you applying or if you have access needs and require support or adjustments: email .

Me pēhea te tuku tono Interested

Check out the job description for this role or email us at for more info. You can also contact us if you need any accessibility support to apply for this role.

Applications for this role close at midnight on Thursday 5th February 2026. Please include a cover letter outlining why you think youll be a great fit for the acknowledging the growing use of AI we kindly ask that the information you provide authentically outlines why you think youll be a great fit for this role.

Required Experience:

Manager

Manager Portfolio RiskShape the future of financial risk management at the Reserve Bank leading decisions that protect and enhance the stability of New Zealands monetary system.Te tūranga The roleJoin the Money Group which stewards New Zealands monetary system and operates key financial market infr...