Stepping Into Internship Program - Position DescriptionThe Australian Network on Disability’s Stepping Into program is a paid internship scheme that matches talented university students with disability with roles in leading Australian businesses.

Position Title

Reserve Bank of Australia - Economics Intern

Location

Sydney

Position Duration

Minimum of 152 hours or 4 weeks full time

Commencing Dec 2019 – Feb 2020

Position Overview

The Reserve Bank of Australia (RBA) is Australia's central bank. Its duty is to contribute to the maintenance of price stability, full employment, and the economic prosperity and welfare of the Australian people. It does this by setting the cash rate to meet a medium-term inflation target, working to maintain a strong financial system and efficient payments system, and issuing the nation's banknotes.

The Bank provides selected banking services to the Australian Government and its agencies, and to a number of overseas central banks and official institutions. Additionally, it manages Australia's gold and foreign exchange reserves.

The RBA's core values – promotion of the public interest, integrity, excellence, intelligent inquiry and respect – guide everything they do.

This summer, the RBA is offering two paid internships to suitable candidates in their penultimate or final year of a relevant bachelor or postgraduate degree. The internships will commence as negotiated between December 2019 and February 2020, and will be for a duration of 152 hours.

The interns will work within one of the below areas of the RBA.

a) International Department- Sydney CBD Location

The Intern will be placed in a small team in the International Department and will work closely with one of the analysts in this team. The intern will complete an analytical project to explore a real-world question about economics or finance that is relevant to the RBA. To do this, the Intern will do a brief literature review to provide background to the issue.

The project will primarily focus on analysing data to examine trends in international financial markets so as to explore a particular issue. The intern will then need to write up a short paper (approximately 4 pages) outlining their findings and will give a brief presentation to their team.

Level 3, 80 Clarence Street, Sydney NSW 2000 (02) 8270 9200 www.and.org.au

b) Payments Policy Department- Sydney CBD Location

The Intern will be placed in a small team in the Payments Policy Department and will work closely with one of the analysts in this team. The intern will complete an analytical project to explore a real-world question about retail payments (e.g. use of tap-and-go payments, mobile banking, credit card fraud, use of cash vs electronic payments) that is relevant to the work of the RBA in this area – the specific project will be decided at the time.

As part of this project, the intern will do a brief literature review to provide background to the issue. The project will primarily focus on analysing data to explore the particular policy issue. The intern will then need to write up a short paper (approximately 4-6 pages) outlining their findings and will give a brief presentation to their team.

Skills Required:

Excel and Microsoft Word skills

Analytical skills (particularly using graphs to analyse economic relationships)

Ideal Degree/Discipline

Economics, Commerce, Mathematics, Statistics

Eligibility Requirements

Second last or final year of a relevant undergraduate or postgraduate degree

Australian citizens only

Identify as having disability

Successful candidates will be required to undergo a Police Check prior to commencing their placements.

Apply Here

www.tfaforms.com/420924

Contact the AND Programs Team at applications@and.org.au or 1300 363 645 for further information.

Please be aware that all Stepping Into internships are paid placements. The employing organisation will pay the intern’s pro rata salary for the internship period (including superannuation) at a rate commensurate with the duties performed and abiding by Fair Work standards.