Lead Analyst

• Opportunity to play an important role in shaping the Australian economy

• Use your analytical and modelling experience to provide policy-related analysis to senior leaders

• Permanent opportunity with hybrid working

The Economic Analysis Department is seeking a Lead Analyst with experience in economic forecasting, macroeconomic modelling and time series econometrics. You will work as part of the Structural Analysis and Macroeconomic Modelling section (SAMM) to help shape the Bank's use of models in providing policy-relevant analysis to the Governors and the Board. 

If you want to play a key role in economic modelling at Australia's central bank, this is for you

The Role

As a Lead Analyst in the Economic Analysis Department, you will work with other members of SAMM to provide analytical and strategic guidance on policy-relevant issues. A key focus of this role is providing advice on and developing the Bank's suite of star variable models. You will also contribute to the ongoing development of the Bank's MARTIN macroeconomic model and use it to generate analytical insights that inform policy decisions.

Your background

We are looking for a passionate individual to join the modelling brains trust of the RBA. In this role, you will balance the application of economic theory and empirical methods to solve real-world problems under practical constraints.   

Given the nature of the work in SAMM and the specific role, you will ideally have: 

• the ability to work with large-scale economic models to develop and communicate relevant insights; 

• demonstrated ability to identify important policy questions, and design and carry out analysis to answer them efficiently and effectively; 

• demonstrated experience in applied time series econometrics (particularly error-correction and state-space models) and/or working with a full system macroeconomic model (such as a DSGE, OLG or CGE);  

• the ability to work in a self-directed manner; 

• the ability to produce of high-quality briefings and analysis on a wide range of topics; 

• strong organisational skills and the ability to judge what issues are most important and to reprioritise quickly as circumstances change; 

• stakeholder engagement skills together with an ability to work collaboratively with other sections in the Bank and communicate effectively with peers at government agencies and academia; 

• relevant tertiary qualifications in economics or finance, strongly favouring post-graduate qualifications;  

• demonstrated coding skills in one or more of Eviews, R, Matlab or Python.  

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 RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.

Why RBA?

The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate 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, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go. 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. We know it is the growth and success of our people that drives the RBA forward. Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia.

The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community. We are committed to making the recruitment process fair and equitable for all our candidates.

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