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Treasury Vacancy N.N. 10717868
Department of the Treasury Closing date: Friday, 5 January 2018
Job Title: Chief Adviser, Financial System Division
Division: Financial System Division
Job Type: Ongoing, Non-ongoing (Temporary), Full-time
Location: Parkes - ACT
Classification: Senior Executive Service Band 2
Agency Employment Act: PS Act 1999
Position No: NP
Agency Website:

Job Description


In order to obtain further information regarding this role please click on the 'Apply Now' button at the bottom of the advertisement.

The Financial System Division (FSD) provides policy advice on all aspects of the financial system and corporate law and governance.

The division monitors and advises on developments in the financial sector including the availability of financial services and competition in, and the efficiency of, the financial system in supporting the real economy.

This includes advice on the regulatory framework (prudential, disclosure, conduct and licensing) applying to authorised deposit-taking institutions (that is, banks, building societies and credit unions), capital market operators, insurance and superannuation entities, the payments system and retail investors.

The division provides advice to address agency problems in corporations and managed investment schemes with a focus on disclosure and governance tools, and related gatekeepers, and It also advises on the licensing of financial services providers including financial advice requirements, as well as all aspects of regional integration for financial services. This includes responsibility for implementing initiatives to further develop Australia as a financial centre, including the Asia Region Funds Passport.

The division works closely on these issues with industry and consumer stakeholders, the Australian Prudential Regulation Authority (APRA), Australian Securities and Investments Commission (ASIC), the Reserve Bank of Australia (RBA) and the Payments System Board of the RBA.

The division comprises four units: Financial Innovation and Payments Unit, Banking Capital Markets and Insurance Unit, Corporations and Schemes Unit and Financial Services Unit. The division provides secretariat support to a number of financial system advisory bodies.

About the role

Treasury is looking for a dynamic leader at Senior Executive Band 2 level to perform the role of Chief Adviser, Financial System Division. The SES Band 2 Chief Adviser supports the Division Head to provide strong leadership of the division and has an aptitude and enthusiasm to contribute to and drive policy reform.

The successful candidate will have:

• Demonstrated expertise and knowledge of Australia’s financial system and be able to lead policy formulation, and provide advice to responsible ministers on the highest priority financial system issues.

• Strong management skills and the ability to drive departmental initiatives as part of the leadership group. They should also be able to represent the Treasury and the Australian Government at a range of forums.

• A demonstrated track record of engagement across government and the financial sector and, ideally, international experience.

Attributes / Desirable Qualifications / Experience

• Tertiary qualification(s) in a relevant field including but not limited to: economics; law; public policy; or business and commerce is desirable.

• Extensive work experience in the public or private sector.


Employees of the Treasury are required to be Australian citizens and must hold a current security clearance or successfully complete a clearance prior to commencement.


Non-ongoing opportunity will be offered for a specified term

This recruitment process is being used to fill both ongoing and non-ongoing positions. Non-ongoing opportunities will be offered for a specified term of up to five years.

To Apply

Position Contact: Roger Brake, 0262633739
Agency Recruitment Site:
Applicants to vacancies notified in all formats of the electronic Public Service Gazette should be aware that;
.  the names of successful applicants may also be notified in all formats of the electronic Public Service Gazette
.  applicants found suitable may be offered similar employment opportunities by other Australian Public Service agencies
This notice is part of the electronic Public Service Gazette PS51-Mon - 18 Dec 2017 Published by Australian Public Service Commission.
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