Reserve Bank of New Zealand

Position Title/Short Description

Full Text of JOE Listing:

Advisor – Model development

A fixed-term opportunity to influence the monetary policy process and the core modelling capability that supports it. This is an opportunity to contribute to a significant upgrade of the Reserve Bank of New Zealand’s core forecasting and policy model.

The role
We have a flexible fixed-term opportunity to join the model development team at the RBNZ for up to 3 years.

As an Adviser – Model Development in the Modelling team, you will work in a small project team to design a refreshed core forecasting and policy model of the New Zealand economy and support its integration into our monetary policy process.

Through your modelling expertise, project contribution, and proactive stakeholder engagement, you will play a critical role in ensuring great modelling capability is at the heart of the Bank's monetary policy process.

Your role will be to:

Contribute to the upgrade of our core model to meet the evolving needs of the Economics Directorate and the Monetary Policy Committee
Support the integration of new modelling tools into our modelling infrastructure and monetary policy processes
Present the results of your analysis to the Monetary Policy Committee and externally
Engage and collaborate with a range of internal and external stakeholders
Support the technical development of staff within the Economics Directorate

About you
You are passionate about the contribution you can make to New Zealand’s economic well-being. You have a deep understanding of monetary policy and the New Zealand economy, and the ability to identify the key questions that matter to a central bank. You can effectively advise senior decision makers with evidence-based analysis. You have experience building models for policy and research purposes and coaching and mentoring more junior staff.

You’ll also bring:
A postgraduate degree in economics and relevant professional experience
Experience developing and estimating structural or semi-structural economic models for real-world purposes, preferably in a central banking context
Experience leading the production of high-quality analysis and advice for policy committees
The ability to drive stakeholder engagement and maintain relationships with peers, both internal and external

To Apply/Interested?
To hear more about this exciting opportunity, get in touch with Liz Kendall, Manager Modelling, Economics Directorate elizabeth.kendall@rbnz.govt.nz

For recruitment queries, please email recruitment@rbnz.govt.nz

If this has helped you imagine a brighter future, apply online by 27 March 2026. As part of your application, please include a cover letter.