The Reserve Bank of Australia has been researching central bank digital currency (CBDC) for the past few years. CBDC refers to a potential new form of digital money that could be issued by a central bank and used by households and/or businesses to make payments and settle obligations. We are researching whether there is a case for a CBDC in Australia, and if so, how it might be designed and what benefits and other implications it would have. This work is contributing to one of the RBA’s strategic focus areas on supporting the evolution of payments in Australia.
To take forward our research in this area, we are establishing a new cross-disciplinary team. This team will be responsible for designing, executing and communicating the results from a series of research projects aimed at improving our understanding of the case for, and implications of, issuing a CBDC as well as exploring different technical solutions. The team will work closely with stakeholders within the RBA as well as external partners on collaborative projects.
We are seeking expressions of interest from highly skilled and motivated individuals interested in contributing to this important and exciting area of research into the future of money in Australia. We are looking for people with tertiary qualifications and at least 3 years relevant work experience, from a range of different backgrounds, including technology innovation, IT architecture, design, business analysis, project management, and technology-focused research. Team members will need strong collaboration, oral and written communication, research and planning skills. There are a number of positions available, which will depend on qualifications, skills and experience.
Why the RBA?
The Reserve Bank of Australia pursues national economic policy objectives and undertakes a range of associated activities in financial markets and banking. It also issues Australia's banknotes and operates infrastructure critical to the payments system, all of which contributes to the welfare of the Australian people.
Our people have a critical role to play in achieving these objectives, whether directly or in a supporting capacity. As a values-driven organisation, our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry, we treat one another with respect, while promoting the public interest in our efforts.
The Reserve Bank of Australia is an equal opportunity employer. We are committed to creating a diverse and inclusive workplace and encourage applications from experienced candidates seeking workplace flexibility.
If you are interested in exploring this opportunity further, please send your CV together with a brief overview of why this type of work interests you and what relevant skills and experience you could offer by Sunday the 26th of September 2021.
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