Senior Advisor, Portfolio Management

Join our Portfolio Management team in a senior advisory role, based in Wellington or Auckland. You will provide technical leadership to support the management of the Bank's foreign reserves, domestic liquidity operations, and broader balance sheet activities.

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• Provide senior technical expertise across portfolio management, asset allocation, foreign reserves, and domestic liquidity operations.
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• Lead portfolio management strategies for the Bank's foreign reserves and domestic market portfolios, including balance‑sheet management frameworks.
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• Maintain a whole‑of‑balance‑sheet perspective to support integrated, well‑informed portfolio and asset allocation decisions.
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• Lead complex analysis and advice on portfolio construction, investment strategy, market operations, and balance‑sheet management.
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• Support monetary policy implementation through domestic liquidity management, market operations, and stewardship of the settlement cash system.
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• Identify and lead continuous improvement across portfolio management processes, models, systems, and decision‑making frameworks.
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• Coach, develop, and mentor junior staff in portfolio management, asset allocation, market operations, and related technical areas.
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• Build effective internal and external relationships, representing the Reserve Bank with integrity and supporting quality decision‑making.
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• Contribute to broader Financial Markets, Group, and cross‑functional priorities, projects, and programmes.
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• Demonstrate the Reserve Bank of New Zealand values, operate with a one‑team mindset, support TeTiriti, TeAoMāori, diversity and inclusion, and take responsibility for health, safety and wellbeing.
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• At least ten years of experience in financial markets or central banking in a portfolio management role.
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• Proven experience managing investment portfolios, including portfolio construction, asset allocation, risk‑aware decision‑making, performance monitoring, and trade execution.
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• In‑depth understanding of financial markets, financial institutions, monetary and other financial policies, including central bank monetary policy tools and operating frameworks.
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• Experience leading initiatives and projects.
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• Ability to build strong relationships with internal and external stakeholders.
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• Proven experience coaching and mentoring others.
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• Knowledge and application of TeTiritioWaitangi.
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• Eligibility to obtain and maintain the appropriate level of NZ National Security Clearance as needed.
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• Flexible working arrangements.
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• Inclusive and positive workplace culture.
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• Additional leave options and generous parental leave provisions.
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• Well‑ness package and public transport subsidy.
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• Fitness passport and access to social, networking and sporting activities.
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• Learning and development opportunities.
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We welcome and value knowledge of TeAoMāori, TeTiriti and Tikanga. The Reserve Bank of NewZealand is committed to building diversity and inclusion into everything we do.