Reserve Bank of Australia
Profile Industry : Banking & Financial Services
Location : New South Wales
SECTOR : Federal Government
INCLUSIVE PROGRAMS : Pride in Diversity
Australian Workplace Equality Index Tiers : AWEI Participating

Who We Are

As Australia’s central bank, the Reserve Bank of Australia (RBA) is best known for conducting monetary policy, analysing the financial system and issuing the nation’s banknotes. Its other major roles include maintaining the safety and efficiency of the payments system, managing Australia’s foreign exchange reserves and providing banking services to the Commonwealth Government.

Our core values – promotion of the public interest, integrity, excellence, intelligent inquiry and respect – guide everything we do. Our people have a genuine interest in promoting the welfare of all Australians and are committed to diversity and inclusion.

More About Us

In working to fulfil its role, the Reserve Bank is organised according to its policy and business functions. It also has a number of support functions which help it discharge these roles. For more details see http://www.rba.gov.au/about-rba/structure/organisational.html

Who We’re Looking For

We offer opportunities throughout the year in economic and financial analysis, information technology, business analysis and project management, banking and payments settlements, law, accounting, facilities management, human resources and science. Opportunities range from senior management and experienced professional roles through to entry level positions, including traineeships, internships and vacation work programs as well as roles for graduates.
The people we are looking for are interested in contributing to the Reserve Bank’s objectives, whether directly or in a supporting role, and have a strong alignment to our core values of promoting the public interest, integrity, excellence, intelligent inquiry and respect.

Where Are You Located

The RBA’s head office is located in Sydney. We also operate representative offices in Melbourne, Adelaide, Perth, Brisbane, Canberra, Beijing, New York and London.

Opportunities

http://careers.rba.gov.au/caw/en/listing/

Qualifications Required

The RBA recruits individuals with a wide variety of credentials. The nature of the qualifications we require depends on the specific role – we outline these requirements in our job advertisements.

Size of Organisation

Approximately 1,400

Organisational Benefits 

Work-life balance is important to us, and we understand the contribution that staff wellbeing makes to performance. Employees across our operations are rewarded with access to flexible work arrangements, as well as health and wellbeing programs.

The RBA embraces lifelong learning and understands that professional qualifications, accreditations and tertiary study contribute to a fulfilling career. Employees at any level can apply for support towards career-relevant professional memberships and study, with additional leave and financial assistance provided.

A number of special interest sporting and social clubs enjoy the Bank’s support. The RBA’s corporate philanthropy program offers significant financial support to several important causes including the Financial Markets Foundation for Children, while RBA employees are generous contributors to a dollar-matching Workplace Giving Program and contribute as skilled volunteers to several charitable initiatives throughout the year.

The remuneration packages for Reserve Bank staff are designed to attract and engage high-calibre employees. As part of this, the Bank offers competitive benefits in areas of superannuation, parental leave, purchase leave, and novated leasing.

The RBA is an equal opportunity employer that is committed to creating a diverse and inclusive workplace. We encourage applications from candidates irrespective of their sexual and gender identity. We aim to ensure that all employees are treated with dignity and respect, and that they experience equal opportunity throughout their careers.

As part of this commitment, the Bank has an LGBTI+ Allies Employee Resource Group to support staff, raise awareness, and provide networking opportunities. The group is sponsored by Assistant Governor Luci Ellis.

Luci Ellis, Assistant Governor (Economic) and Executive Sponsor of LGBTI+ Allies Employee Resource Group

As Assistant Governor (Economic), I head the Economic Group, which advises the Board on monetary policy and conducts longer-term research into economic issues. It’s a large and highly capable team doing extremely rewarding and intellectually stimulating work. The shared sense of purpose in working for the public good is also a huge motivator for many of us. I’ve been able to be completely open about my sexual orientation throughout my entire career at the Bank, which has spanned more than 25 years. More recently I have been able to take leave and flexibility needed to take care of my young family. At the Reserve Bank, we value people’s contribution and commitment to the public interest; as an out lesbian I have always felt that I could be true to myself here and have a rewarding career

Chris Thompson, Deputy Head of Payments Policy Department and Chair of LGBTI+ Allies Employee Resource Group

I have been with the RBA for over 20 years now and have never encountered any issues being open about my sexuality among my colleagues. It has always been clear to me that the RBA values and promotes workplace diversity, even if LGBTI issues have not always been as prominent as they are today. Our organisation recently established a dedicated employee resource group for LGBTI staff and allies, which I have the honour of chairing. With the support of the Bank’s senior management and a very open and energised executive sponsor, we are raising the visibility of our LGBTI employees and allies, building awareness and celebrating diversity in all its many forms. This is an organisation that values diversity, promotes inclusion and treats all employees with respect.

Jared Griffiths, Senior Business Analyst, Banking Department, ROBAS Program

I’ve been at the RBA since 2014, starting out on the two-year Graduate Development Program. I was hired as a Software Engineering (Hons) graduate, and was placed on a large-scale agile software project. I was living in Melbourne at the time, and was relocated to Sydney as part of the program. During my tenure as a graduate I gained practical experience working alongside passionate and skilled business and IT professionals. Aside from the graduate program, the Bank offers a number of additional upskill opportunities; soft-skills training, external courses and accreditations, and generous full/part-time study grant programs.

I had initially feared that the RBA would be stuffy and old-fashioned – but I couldn’t have been more wrong. The Bank offers a fantastic work-life balance, and a warm and supportive culture, propagated and promoted through all levels of management. I find it refreshing to be part of a company that primarily aims to serve the public interest – whether you’re working in monetary policy, renovating the government banking system, or developing the next-generation of banknotes.

The recent introduction of dedicated diversity working groups at the organisation has accelerated the open recognition and support of LGBTI+ staff. I am currently a member of the LGBTI+ Allies employee resource group, assisting in delivery of diversity related projects including; the first RBA Sydney Mardi Gras parade entry in 2017, and the 2018 Australian Workplace Equality Index submission.
Company Attribute
AWEI Bronze Employer
AWEI Gold Employer
AWEI Participating Employer
AWEI Platinum Employer
AWEI Platinum Qualifier
AWEI Silver Employer
LGBTI Diversity Strategy
LGBTI Employee Network
LGBTI Recruitment Policy
Pride in Diversity Member
Pride in Health Member
Pride in Sport Member
Transitioning Policy for Trans Employees
Reserve Bank of Australia
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