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Key Facts

Industry

Government & Public Sector

Degrees/disciplines

Accounting
Business/Commerce
Economics
Engineering - Software
Finance
IT/ICT
Sciences
Property

Position Locations

NSW

PROGRAMS & DEADLINES

Main campaign for graduates opens in March each year but other vacancies can occur throughout the year. Refer to www.rba.gov.au/careers/graduate-careers

Citizenship / Eligibility Requirements

Australian citizens and permanent residents only (including New Zealand citizens)

Additional Eligibility Information

To apply for our graduate program you must be able to demonstrate that you will complete the necessary degree program by the end of 2016. Candidates with a disability and who identify as an Aboriginal and Torres Strait Islander are particularly encouraged to apply.

FURTHER INFORMATION

www.rba.gov.au/careers/graduate-careers
e: graduates@rba.gov.au

Graduate Careers at the Reserve Bank of Australia

The RBA offers graduates and undergraduates from a wide variety of disciplines the opportunity to work in a unique environment with exceptional people. You will be provided with challenging work as well as tailored programs for:

Our two-year Graduate Development Program offers comprehensive training and development. You will be able to apply knowledge acquired at university to challenging real-world situations and acquire key transferrable skills.

 

While graduates with any degree type can apply, honours and higher degrees, including double degrees, masters and PhDs, are highly valued, as is a genuine interest in working for an institution that has an impact on the lives of all Australians.

 

The RBA Internship Program (previously the RBA Cadetship Program) is an excellent opportunity for students completing their penultimate year to get first-hand experience of working in Australia’s central bank. It provides eight weeks’ vacation work and ongoing support to talented students who have the potential to be successful graduates at the RBA.

 

The RBA was awarded ‘Best Employer of the Year – 2012’, was recognised among the top three vacation work programs in 2013, and among the top ten graduate employers in 2015 by the Australian Association of Graduate Employers. In addition, GradAustralia has recognised the RBA amongst the Top 100 Graduate Employers for 2016.

 

Current status of our major programs:

 

For more information or to apply, please visit careers.rba.gov.au.

Key Facts

Industry

Government & Public Sector

Degrees/disciplines

Accounting
Business/Commerce
Economics
Engineering - Other
Finance
IT/ICT
Sciences
Property

Position Locations

NSW

PROGRAMS & DEADLINES

Graduate – Cadetship: Ongoing

Citizenship / Eligibility Requirements

Australian citizens and permanent residents only (including New Zealand citizens)

Additional Eligibility Information

Cadets typically pursue an honours year in 2017 after their vacation-work program. Candidates with a disability and who identify as an Aboriginal and Torres Strait Islander are particularly encouraged to apply.

FURTHER INFORMATION

www.rba.gov.au/careers/graduate-careers
e: graduates@rba.gov.au

Cadetships
An RBA Cadetship is an excellent opportunity for high-achieving economics and finance students to get first-hand experience of what it is really like to work in Australia’s central bank. The Cadetship has been designed to provide work experience and financial support to talented students who have the potential to be successful graduates at the RBA.

During your placement, you may also complete analytical notes on statistical releases, analysis of financial markets trends, or other work that provides an insight into working at the RBA as a graduate. In addition, you will attend targeted training as well as interactive information sessions designed to provide you with a more comprehensive understanding of the role of the Reserve Bank of Australia, and how you might contribute.

How to apply

Applications must be made online at: www.rba.gov.au/careers/graduate-careers

The Reserve Bank of Australia’s 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 wellbeing of all Australians and are committed to diversity and inclusion. We aim to ensure that all employees are treated with dignity and respect, and that they experience equal opportunity throughout their careers.

The RBA embraces lifelong learning and understands that professional qualifications, accreditations and postgraduate 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.

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.

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.

Meet Our People

Watch current staff talk about their experiences working at the Reserve Bank of Australia.

Elliott’s Story

Elliot is an Economic Analyst working in the Governor’s Office. He talks about what it’s like working in an intellectually stimulating environment and being able to learn from leading thinkers in the fields of finance and economics. One of his highlights was having the opportunity to attend G20 meetings in Australia during 2014.

Dorotea’s Story

Dorotea is the Manager of the Network Services Group in the IT Department. She discusses the IT transformation that has taken place and what it’s like being part of a growing team that has developed new functions. Dorotea describes a dynamic work environment in which excellence is highly valued.

John’s Story

John is now a Manager in the IT Department. He talks about the collaborative nature of his role and his work on some key projects. John explains that graduates joining the Reserve Bank can expect to face high expectations but are also supported by a valuable structured training program.

Jessica’s Story

Jess is a Senior Analyst in the International Department. She talks about what it is like to work in such a highly respected organisation like the Reserve Bank. Jess discusses the collaborative environment she works in and highlights some of the different projects she has had the opportunity to work on at the Bank.

Alexandra’s Story

Alexandra is an Economist working in the Economic Analysis Department. Alexandra explains that one of the most rewarding aspects of her role is seeing the economics she studied at university come to life in the workplace. She also talks about the opportunities she has had to complete both the Cadetship (now called the Internship) and Graduate Programs at the Reserve Bank.

Nicholas’ Story

Nicholas is a Financial Accountant in the Finance Department. Nicholas discusses some of the opportunities he has had in his role so far, including coordinating the Bank’s strategic planning process. He explains that one of the things that attract him to apply for the graduate program was the Bank’s reputation both locally and internationally.

Michelle’s Story

Michelle is an Economist working in the Economic Analysis Department. She discusses that one of the things she values most about working at the Reserve Bank is the diverse range of work she has had the opportunity to work on. Michelle also explains that graduates can expect the Bank to be a challenging and stimulating place to work.

 

For more information or to apply, please visit http://careers.rba.gov.au.

Reserve Bank of Australia Graduate Development Program

 

The Reserve Bank of Australia’s core values are promotion of the public interest, integrity, excellence, intelligent inquiry and respect. We offer graduates diverse opportunities in a work environment where high-quality thinking is encouraged.

 

The RBA Graduate Development Program provides you with opportunity to apply knowledge acquired at university to challenging real-world situations and acquire key transferrable skills. We welcome applications annually from graduates with degrees in business information systems, IT, economics, finance, banking, audit, accounting, mathematics, statistics, engineering and science.

 

While graduates with any degree type can apply, honours and higher degrees, including double degrees, masters and PhDs, are highly valued, as is a genuine interest in working for an institution that has an impact on the lives of all Australians.

 

The Reserve Bank of Australia’s two-year Graduate Development Program offers comprehensive training and development. You will be able to apply knowledge acquired at university to challenging real-world situations and acquire key transferrable skills. Our main campaign for graduates opens in February each year but other vacancies can occur throughout the year.

 

The RBA also offers the Internship Program (previously known as the Cadetship), a vacation work opportunity designed to provide work experience, training and financial support to talented third-year students who are considering undertaking honours or further study.

 

Graduate Development Program applications are open 19 February to 28 March 2016, with ad hoc graduate recruitment occurring as required throughout the year.

 

Career Pathways

The Reserve Bank of Australia offers diverse and compelling graduate opportunities across our operations. Graduates at the RBA, no matter which position they occupy or project they are working on, require a combination of technical and analytical, leadership and influencing, and written and oral communication skills.

You will be asked to apply for one particular stream when completing an application – your selection should be based on your career interests and exposure to relevant studies in:

  1. accounting, audit and assurance;
  2. economics, finance, mathematics, actuarial studies, statistics, science, engineering and law; or
  3. information technology.

To better understand the RBA before completing an application, we would encourage you to review the RBA’s website content including snapshots, structure, recent presentations, education, publications and media releases, which should provide deeper insights into some of the RBA’s recent areas of focus.

 

For more information or to apply, please visit careers.rba.gov.au.

Eligibility

While graduates with any degree type can apply, honours and higher degrees, including double degrees, masters and PhDs, are highly valued.

Visa Requirements

Candidates must hold Australian or New Zealand citizenship, or Australian permanent residency at the time of application.

Position Locations

All Graduate Development Program and Internship Program positions are located in Sydney, NSW.

About the Recruitment Process

The RBA process is comprehensive, and assesses candidates in several stages as they progress from application to offer. Occasionally steps are omitted, added to, or occur out of their usual order, so each candidate’s individual experience may vary. The typical process is as follows:

Application Step What we need form you Duration
  1. Online application
    Presents your work and educational experience and career interests
  • CV/resume
  • Copy of Transcript
  • Details of degree(s), completion date, course names and results
  • Details of work and/or volunteer experience
  • Details of two referees
15-30 minutes
  1. Online ability testing
    Assesses your ability in verbal, numerical and inductive reasoning
  • Quiet, well-lit and distraction-free environment
  • Computer (Windows or Apple)
  • Pen, paper and calculator
90 minutes (excluding practice questions)
  1. Online video interview
    Assesses your motivation, experience and ability to ‘think on your feet’
  • Computer (Windows or Apple), or smartphone
15-20 minutes (excluding practice questions)
  1. Online assessment
    Provides insights into your interpersonal and decision-making preferences
  • Quiet, well-lit and distraction-free environment
  • Computer (Windows or Apple)
30 minutes (excluding practice questions)
  1. Panel interview – behavioural and technical
    Explores your motivation for application, skills and oral communication).
  • Attendance in person in Sydney,* or
  • Attendance via Skype – computer (Windows or Apple), or smartphone
60 minutes
  1. Assessment centre
    Assesses writing skills and confirms ability testing results
  • Attendance in person in Sydney*
90 minutes
  1. Reference checking
  • Referee details – academic and professional
n/a

*The RBA will meet the costs for interstate candidates required to travel to Sydney

 

Further Information and How to Apply

 

For Further information visit www.rba.gov.au/careersor email graduates@rba.gov.au.

To see the current positions available, please navigate to Current Opportunities.

Applications are submitted online.