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APS Level 6 and Executive Level 1, Analysts and Senior Analysts, FRAA

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Job number:
36-2020
Work type:
Full-time and Part-time
Location:
Canberra, Melbourne, Sydney
Categories:
Economics, Finance, Legal, Policy

About the Financial Regulator Assessment Authority Secretariat

The Financial Regulator Assessment Authority (FRAA) is a new statutory body that is being created in response to the recommendations of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

 

Its role will be to conduct regular assessments of the effectiveness of the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulatory Authority (APRA), as well as capability reviews and reviews of matters related to the effectiveness of ASIC and APRA.

 

The FRAA will be made up of four members, including the Chair and the Secretary of the Treasury. The FRAA Secretariat will carry out the assessments under the guidance of the FRAA, as well as assisting the FRAA with the performance of its duties more generally.

 

About the Roles

Successful applicants will have the opportunity to join the FRAA on day one, and shape the organisation through its start-up phase. Staff will be required to apply fresh strategic thinking in order to develop frameworks for assessing the effectiveness of the financial regulators.

 

FRAA staff will engage directly with FRAA panel members and the Treasury Secretary, and with senior representatives from ASIC and APRA. The work of the FRAA will guide and influence the direction of financial regulation in Australia.

 

Between them, the staff of the FRAA Secretariat will have quantitative and qualitative analytical skills, financial literacy, knowledge of legal and regulatory frameworks in Australia, and understanding of corporate governance practices. In addition to the capabilities demonstrated by individual candidates, the selection process will consider the balance of skills available in the Secretariat as a whole.

 

The ability to work collaboratively and develop productive working relationships will be a key selection criteria.

 

Senior Analysts (Executive Level 1)

There are two EL1 Senior Analyst positions in the FRAA Secretariat. Each of these will focus on one of ASIC or APRA, and assist on projects in relation to the other.

 

Working in teams, and under the guidance of an EL2 Manager, Senior Analysts will:

  • conduct analysis required to support FRAA assessments;

  • develop advice to the FRAA and the leadership of the FRAA Secretariat;

  • engage with external stakeholders to gather relevant information;

  • draft assessments and other written communications from the FRAA;

  • contribute to the development of the strategic direction of the FRAA;

  • plan and lead assessment projects under the guidance of an EL2 Manager; and

  • assist with and lead other tasks as required.

 

EL1s are expected to perform the above roles more independently and with limited supervision by the EL2 Manager of the Secretariat. EL1s may also take on a ‘Team Leader’ role, may have responsibility for staff development, and may lead individual projects, under the supervision of an EL2 Manager. 

 

Analysts (APS 6)

There are two Analyst positions in the FRAA Secretariat. Each of these will focus on one of ASIC or APRA, and assist on projects in relation to the other.

 

Analysts will:

  • conduct analysis required to support FRAA assessments;

  • develop advice to the FRAA and the leadership of the FRAA Secretariat;

  • engage with external stakeholders to gather relevant information;

  • draft assessments and other written communications from the FRAA;

  • contribute to the development of the strategic direction of the FRAA; and

  • assist with other tasks as required.

 

APS 6 Analysts will be expected to work with a high degree of autonomy, but under the supervision and guidance of EL1 Senior Analysts and the EL2 Manager of the Secretariat.

 

 
 
 
 

Download the selection criteria

Advertised: AUS Eastern Standard Time
Applications close: AUS Eastern Daylight Time

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