Deputy Head

Expired on: Apr 13, 2024
Job Categories: Management Supervisor
Job Types: Full Time
Job Locations: Sydney

Reserve Bank of Australia 

The Economic Group is looking for a highly experienced and motivated individual. The Deputy Head plays a key role in shaping, coordinating, and implementing transformational change of our Monetary Policy Processes in Economic Group.


Role Objectives:

  • Oversee and contribute to the effective performance of the Bank and delivery of the Bank strategy through the Analysis, Science and/or Research-related areas of direct responsibility, as well as through cross-department collaboration, advice, and support.
  • Motivate, foster, and inspire a culture aligned to the Bank’s values, enabling an environment for high levels of staff engagement and performance.
  • Foster an environment which supports ongoing improvements to strategies systems and processes.
  • 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.
  • Anticipate and effectively manage issues and risks, ensuring processes are consistent with the Bank’s risk appetite.
  • Enable and recognise workforce performance in a way that encourages high performance and continuous improvement.
  • Work collaboratively with leaders and key stakeholders to achieve enterprise outcomes.


Your background:

To be successful in this role you will have:

  • Experience in managing, maintaining and continuously improving operations (budget, people, and process management).
  • Demonstrated ability to develop and implement strategic plans at a section level.
  • Previous experience in areas relevant to the Bank, or in directing and/or undertaking research and analysis in economics/finance.
  • Ability to write and communicate for different audiences, contexts, and objectives.
  • Experience in representing the Bank (or a comparable organisation) at senior levels with other organisations.
  • Experience in analysing complex risks and issues, and an ability to contribute to the development of risk management standards consistent with an organisation’s risk and innovation appetite.
  • Demonstrated ability to support initiatives to address health, safety, and holistic wellbeing.
  • Demonstrated ability to develop policies, systems, and processes, including the provision of advice and recommendations for change.
  • Experience in financial markets and system, Australian economy, financial analysis and/or research.
  • Understanding of the purpose of the central bank, and how different functional areas contribute to the strategic goals of the enterprise.
  • Experience driving organisational change by building, leading, coaching, and mobilising teams.


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


Your team

Economic Analysis Department monitors and forecasts trends in the international and domestic economies and provides regular advice on these developments and on monetary policy to the Governors and the Board. It engages with internal and external stakeholders and audiences, conducts a nationwide business liaison program, undertakes applied research and prepares documents for publication in support of the Bank’s objectives.


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 encourages you to live a full life outside of work and be more.


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