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About the Role
As a Principal Data Scientist at the Reserve Bank of Australia, you will play a leading role in advancing the Bank’s research agenda through the application of data science and AI. You will investigate complex economic and financial questions using traditional and non-traditional data, contribute to research that informs policymaking and help identify new opportunities for data science to deliver outcomes across the Bank. Alongside your research contributions, you will provide technical leadership within the Data Science Hub, mentor staff and help translate promising research into analytical capabilities.
Responsibilities
- Lead and contribute to innovative research applying data science, AI, machine learning and non-traditional data to central banking and economic policy questions.
- Collaborate with economists and policymakers to develop new approaches for analysing the economy, financial system and broader policy issues.
- Publish and communicate high-quality research both internally and externally.
- Translate research outcomes into analytical tools, models and capabilities that support decision making across the Bank.
- Provide technical leadership and mentoring to data scientists, researchers and analysts across the Bank.
- Help shape the Bank’s data science, AI and analytical capabilities, including platforms, methodologies and bet practices.
Requirements
- Demonstrated research capability in data science, economics or a related quantitative field.
- Strong technical expertise in modern data science and AI methods, including machine learning, statistical modelling, natural language processing, large language models, and associated tools and platforms.
- Experience applying quantitative methods to complex real-world problems in economics, finance, public policy, business, computational social science, or related fields.
- Experience producing high-quality research outputs, such as publications, working papers, technical reports, conference or workshop presentations, or other significant analytical contributions.
- Ability to work effectively across disciplines, bringing together expertise from economics, data science, and policy.
- Excellent communication skills, with the ability to explain complex technical concepts to non-technical and senior audiences.
- Experience leading research initiatives, mentoring colleagues and contributing to a collaborative research culture.
- Familiarity with macroeconomics, financial markets, financial stability, monetary policy frameworks or related areas is highly regarded.
Skills
- Data science
- AI
- Machine learning
- Statistical modelling
- Natural language processing
- Large language models
Location
- Australia
Work Type
- Full-time
Experience Level
- Principal
Education Level
- Postgraduate qualification (e.g. PhD or Master’s by Research), or equivalent research experience
Benefits
- Development and career opportunities
- Collaborative environment
- Supports growth, wellbeing and promotes flexibility
About the Company
- The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking.
- We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people.
- Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives.
- Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go.
- 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, and we treat one another with respect while promoting the public interest through our efforts.
- We know it is the growth and success of our people that drives the RBA forward.
Equal Opportunity
- The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives.
- We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community.
- We are committed to making the recruitment process fair and equitable for all our candidates.