Financial Risk Specialist - Clearing and Settlement Supervision

• Undertake frontline supervision of critical financial market infrastructures
• Contribute to improving the safety and resilience of the Australian financial system
• Join a collaborative and high performing team

We are looking for motivated person to join an energetic team of regulatory supervisors.

About the team

The Clearing and Settlement Supervision Section is part of the RBA's Payments Policy Department and is responsible for the regulatory supervision of entities that provide critical financial market infrastructure underpinning the majority of financial market transactions in Australia.


The Payments Policy Department is responsible for the RBA's payments system policy, regulatory and oversight functions. We help the RBA meet its objectives of promoting competition and efficiency, improving the safety and resilience, of the payments system and safeguarding the stability of Australia's financial system.


About the role

You will be responsible for the supervision and risk assessment of licensed clearing and settlement facilities. Your role could include (but is not limited to):

• Undertaking high quality financial risk and data analysis, applying knowledge of the RBA's Financial Stability Standards, to identify and deliver actionable insights for stakeholders
• Formulating and communicating supervisory recommendations to the RBA's leadership team, the RBA's Payments System Board and supervised entities
• Undertaking assessments of the supervised entities against their regulatory obligations
• Direct supervisory engagement with the supervised entities
• Maintain up-to-date and relevant knowledge of key emerging risks that may impact the financial system
• Independently conduct reporting and data analysis to support recommendations and build an awareness of risk exposures at supervised entities and across the financial system
• Contribute to and prepare papers for relevant Board and Committee meetings
• Contribute to the development and operationalisation of a crisis management response framework

About you

To be successful you should have:

• Strong understanding of Australian financial markets, including equity and interest rate derivatives markets
• Experience with post-trade/financial market infrastructures and regulation; or a relevant tertiary qualification in finance, risk or a related discipline
• Excellent critical thinking skills to assess information, identify patterns and develop supervisory responses on complex supervisory issues
• Strong data and technical analysis capabilities to understand financial models and identify risks. Familiarity with R would be an advantage
• Work collaboratively within a multi-disciplinary supervisory team and with other supervisory agencies
• The ability to have difficult conversations with stakeholders where you see issues, both to ask questions and communicate regulatory expectations to the supervised entities
• Effectively communicate issues related to financial risk management to less technical stakeholders, such as through presentations and papers
• Excellent organisational and time management skills, including an ability to work independently and adapt quickly to changing priorities

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.