Senior Advisor, Portfolio Risk

Overview Senior Advisor, Portfolio Risk – In a senior advisory role, you will support the resilience of Aotearoa NewZealand’s financial system by providing financial risk expertise to the Portfolio Risk team at TePūteaMatua. The successful candidate will be based in Wellington or Auckland and will lead key risk initiatives, provide trusted advice, and strengthen best‑practice risk management across the Bank. Responsibilities Provide strategic and technical expertise across market, credit and liquidity risk management. Lead the development of risk models, stress testing, scenario analysis, capital modelling and exposure measurement. Drive improvements to risk systems, methodology, tools and technology to support best‑practice outcomes. Develop and operationalise financial risk policies, frameworks and governance practices. Provide clear advice on financial risks to support effective decision‑making and strong oversight. Support first and second line financial risk management and promote an integrated risk culture. Act as second‑in‑charge when required, leading the team and executing key delegations. Coach, mentor and develop team members while leading capability uplift initiatives. Build effective internal and external relationships and deliver fit‑for‑purpose outputs. Contribute to broader Financial Markets, Group and cross‑functional priorities, including TeTiriti, TeAoMāori, diversity and inclusion, health and safety, andRBNZ values. Qualifications Tertiary qualification in finance, quantitative finance, economics or a related discipline, or equivalent professional experience. Significant experience in financial markets, central banking or risk management, with strong expertise in market, liquidity and credit risk. Deep balance sheet knowledge, financial instrument valuation experience, and expertise in risk modelling, stress testing and scenario analysis. Strong data, quantitative and programming capability, including experience with Python, SAS/SQL, R or MATLAB. Knowledge of key market and credit risk tools and techniques, including VaR, Expected Shortfall, PV01/DV01, expected credit loss, counterparty credit risk and CVA/DVA. Experience leading best‑practice risk initiatives, developing frameworks and policies, and supporting strong governance. Strong communication, judgement and leadership skills, with the ability to think holistically, motivate others and build capability. Knowledge and application of TeTiritioWaitangi, eligibility for NZ National Security Clearance, and flexibility for occasional inter‑office travel. #J-18808-Ljbffr