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.
- 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 high-quality briefings and analysis on a wide range of topics;
- solid 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.
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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📌 Lead Analyst - Economic Analysis
🏢 Reserve Bank of Australia
📍 City of Sydney