Head of Deposit Taking

Auckland, Wellington

Thursday, March 27th 2025, 9:12AM

Lead the way.

There is no better time to join us as we embark on a new approach to ensure consumers are being treated fairly through the Conduct of Financial Institutions regime (CoFI). It's been designed to protect consumers by putting the consumer at the forefront of institutions' decisions and actions. Coming into force from 31 March, the regime will apply to registered banks, licensed insurers and licensed non-bank deposit takers. A great amount of effort and market engagement has got us to this point and we need a special person to lead the way for our Deposit Taking teams and sector from here.

This is an ideal opportunity for an exceptional leader with banking expertise to make a significant and meaningful impact for the benefit of so many New Zealanders.

Mō te Tūranga | About The Role

We're looking for the Head of Deposit Taking to provide strategic leadership and direction to our two Deposit Taking teams, based in both Wellington and Auckland. Given the location of the key stakeholders you'll be engaging with, an Auckland location is preferred.

You'll be driving and supporting the team's operational priorities and ensuring the CoFI regime and licensing is well executed and operating seamlessly. This will require strong communication and the ability to take stakeholders and team members on the journey with you, helping them understand the vision and ensuring intended outcomes. Your authentic leadership approach and focus on pastoral care will be important, as well as your ability to foster strong collaboration between teams, across the FMA and in the sector.

So what's it like to work at the FMA?

It's purposeful. Our mission is to create a fair and transparent financial sector that serves all New Zealanders. We are looking for an engaging leader with a strong sense of collaboration and fair play.

It's stimulating. We need to be thinkers and initiators. We're looking for curiosity and sound judgement, combined with the drive, nous and strategic thinking to stay ahead in this fast-moving sector.

It's supportive. We have a culture that allows everyone to bring their best selves to work. We value people with ambition, open-mindedness and a strong orientation towards helping others.

Ngā painga | What we offer 

Our benefits include a 4% KiwiSaver contribution, health and life insurance cover, paid leave over the Christmas period, a generous $1,500 refer a friend bonus as well as an ability to swap public holiday leave with other days that mean more to you. Additionally, we have exceptional learning and development opportunities including access to leadership development, technical training, and external coaching.

About Te Mana Tātai Hokohoko (FMA)

Ours is a meaningful and impactful role, as a kaitiaki of the financial services in Aotearoa. We oversee a market that does right by everyone, ensuring better outcomes for all New Zealanders. Our role as a kaitiaki is brought to life by our values; Look to the Horizon, Help the Team Work, Make the Calls and Open Hearts, Open Minds.