Reserve Bank of Australia

The 2027 Payments Settlements Graduate Program with the Reserve Bank of Australia (RBA) is a two-year program that provides comprehensive training and development designed to progress your career.

Our Graduates contribute to the RBA’s management and operation of critical financial infrastructure for the Australian economy.

You'll be part of the core RBA Graduate Program and complete a structured training program alongside graduates across the Bank, while gaining dedicated Payments Settlements training and development.

Our Graduates contribute to the RBA’s management and operation of critical financial infrastructure for the Australian economy. The role of the Payments Settlements Business Analyst Graduate at the RBA is varied and challenging with a key focus on the delivery of high-quality business and functional specification documents for enhancements to RITS and other payment systems.

You will be working as part of an integrated team of developers, testers, operations specialists and business staff. You will be involved in a diverse range of projects developing skills and experience in the design and implementation of business solutions.

You will be supported by experienced senior business analysts and payment experts to develop skills and experience that will help you achieve your career ambition.

From day one, you will get the opportunity to:

• Undertake the analysis of current business processes to identify improvements and efficiencies
• Work on projects which deliver improvements to the nationally critical payment infrastructure
• Liaise and collaborate with other departments of the RBA and external institutions on a diverse range of matters and develop detailed understanding of the business requirements
• Create detailed business requirements and contribute to the successful project delivery of key business initiatives
• Communicate complex business and technical information to a diverse range of stakeholders
• Work closely with the experts in our information technology department to ensure they design, develop and implement improvements to the settlement services & technologies that meet business needs.

We're looking for dynamic, motivated graduates who are interested in learning about the critical role of the central bank in operating payments systems – enabling the flow of money in the economy.

Selection Criteria

• Candidates should have completed their degree within the past 18 months or be in their final year of study, demonstrating strong academic performance.
• We are seeking candidates with degrees in: Business information systems, economics, commerce, finance, business or information technology.
• Demonstrated problem-solving ability, including strong critical thinking and excellent communication skills.
• Ability to work collaboratively in team environments.
• Exposure to business analysis and/or project management through academic coursework, internships, work integrated learning or volunteer experience.
• An understanding of Australia’s payments systems landscape.
• Applicants must be Australian Citizens, Permanent Residents, or New Zealand citizens at the time of application.

Selection Process:

• Apply by uploading your resume and most recent academic transcript
• Complete our online application form
• Selected candidates will be asked to complete an online assessment which includes a video interview and a questionnaire component.
• First interviews will be conducted virtually
• The second and final interview will be virtual for interstate and regional candidates and in person for candidates located in Sydney.

For further information about the RBA and the Payments Settlements Graduate Program, please visit our website: Payments Settlements | Students and Graduates | Careers | RBA

Be More
Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drives the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.

Why RBA?
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. Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia.

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.