Economic and Finance

Our industry-recognised program will launch your career and is a great opportunity for emerging economists and financial analysts who are interested in making a difference to the lives of all Australians.

Our graduates are provided with meaningful work from day one and may be asked to analyse key trends, prepare briefing notes, research developments in financial markets, or conduct analysis for the monthly monetary policy meeting.

Our Economic and Finance Program

This is a two-year rotational program. We offer a supportive environment with training and coaching that helps you develop industry skills. You'll get meaningful work from day one and eventually policy work that makes a difference to all Australians.

Rotations

Graduates may complete rotations in the following areas: Economic Group, Financial Markets Group, Payments Policy, Financial Stability, Risk and Compliance, Note Issue.

Graduates in our Economic Group contribute to analysis of domestic and overseas economic and financial market trends, as well as forecasting, modelling and research relevant to the framing of monetary policy. Graduates with strong microeconomics and legal backgrounds are sought after by Payments Policy, which supports the Payments System Board in its oversight of payments systems in Australia.

Economic & finance graduates placed in Financial Stability will conduct balance sheet analysis and risk assessment, and focus on considering and developing policy responses to financial system risks. Financial Stability also values students with diverse backgrounds, including accounting and actuarial studies. Graduates with financial markets experience also support the work of Risk and Compliance by valuing our domestic and foreign asset portfolios and assessing the credit quality of our dealing counterparties.

Many finance graduates are initially employed in Financial Markets Group, which is analytically and operationally involved with financial markets activities. These graduates assist in managing the implementation of our monetary policy setting tool in Market Operations, preparing briefing papers on daily domestic and international market activity, and contributing to the management of a portfolio of fixed-income securities or foreign exchange.

Note Issue produces and issues Australia's banknotes, and graduates with a background in economics, finance, physics, chemistry, materials science, statistics, mathematics or engineering will work on analytical problems. Day-to-day tasks vary, and may include monitoring security developments in banknote printing and authentication technologies, developing and maintaining specifications and quality standards for production, developing ideas and production techniques for banknote security features, and analysing the effectiveness of innovative new security features.

Key Dates

  1. 12 February 2020: Applications open.
  2. 11 March 2020: Applications close.
  3. April 2020: Assessment and face-to-face interviews.
  4. May 2020: Program offers to applicants.
  5. February 2021: Program commences.

The Bank reviews applications as it receives them and may invite suitably strong candidates to undertake assessments immediately.

Eligibility Criteria

We are looking for graduates who are passionate about public policy work and have a desire to learn and succeed.

  • Hold or completing a degree in economics, econometrics, finance, data science, legal, actuarial or similar
  • Completed honours or a significant research program is desirable
  • Australian permanent residency or citizenship is required to apply