Principal Adviser, Banking
Financial Markets Authority – Te Mana Tātai Hokohoko
Auckland, New Zealand · Full Time
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- Experience
- Any
- Salary
- NZD 150,000 – NZD 165,000 / year
- Openings
- 1
- Posted
- 1 week ago
- Work mode
- In office
- Resume
- Required to apply
Where you'll work
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Job description
About the Role
Be part of a meaningful and impactful team dedicated to safeguarding financial services in Aotearoa. As a Principal Adviser specializing in banking (deposit taking), you will influence the practical application of conduct regulation across New Zealand’s deposit-taking sector. Your expertise will support the FMA in supervising conduct obligations, including the Conduct of Financial Institutions (CoFI) regime and consumer credit laws, ensuring that banks and deposit takers treat their customers fairly.
Key Responsibilities
- Provide proactive, visible technical leadership within the Deposit Taking team.
- Deliver thought leadership and research on industry trends, business models, commercial drivers, and risks affecting fair consumer treatment.
- Lead or assist in developing and implementing supervision strategies and operational plans.
- Coach and mentor team members to enhance technical capability.
- Establish and maintain strong relationships with industry participants, regulators, and internal stakeholders.
- Leverage operational data and insights to enhance supervision tools and processes.
Candidate Profile
The ideal candidate brings comprehensive knowledge, sound judgement, and a passion for improving consumer outcomes in financial services. You will have robust experience in conduct regulation, supervision, risk management, compliance, audit, or related financial sectors. Skilled in navigating complex issues and ambiguity, you provide practical, considered advice and enjoy collaborating with diverse stakeholders. Experience with legislation such as the FMC Act, CoFI regime, or consumer credit laws is beneficial.
Benefits Offered
- 4% employer KiwiSaver contributions.
- Health and life insurance coverage.
- Paid leave during the Christmas period.
- Flexible substitution of public holidays for personally significant days.
- Access to excellent learning and development programmes, including technical and leadership training.
The FMA values diversity and inclusion, promoting a respectful workplace where everyone can bring their authentic selves. Wellness and social activities are also supported to foster personal and professional connections.
Additional Information
This position is based in Auckland and is full-time onsite. The salary range is NZD 150,000 to 165,000 annually, plus 4% KiwiSaver and additional benefits. Final remuneration is dependent on experience, skills, and alignment with internal equity policies. The FMA committedly upholds pay equity and fairness throughout recruitment processes.
If you need extra assistance to apply, please notify the hiring team to facilitate a smooth application experience. Applications close at 5 PM on Sunday 18 October but may close earlier based on volume.