Macroeconomic Modelling Specialist (Senior Analyst)

Have you got what it takes to shape Aotearoa New Zealand’s tomorrow?

Mō mātou | About Us

At The Treasury Te Tai Ōhanga we’re creating a better future for New Zealand and everyone who calls our amazing country home. We’re the Government’s lead economic and financial advisor, working hard to raise the standard of living for everyone in Aotearoa, now and in the future.

Our talented people bring their diverse backgrounds and experiences to tackling New Zealand’s biggest and most inter-connected issues. Every day, they are influencing, advising, and supporting Ministers, Crown CEOs and Government decision-makers to shape our country’s collective tomorrow.

About the team

The Analytics, Insights, and Modelling (AIM) team is the Treasury’s centre of excellence for quantitative economic analysis and modelling. AIM brings together specialist capability in macroeconomic, fiscal, and quantitative micro modelling to support high‑quality, policy‑relevant advice across the Treasury.

Within AIM, macroeconomic modelling plays a central role in informing advice on fiscal sustainability, taxation, productivity, and long‑term economic performance. The team works closely with policy colleagues, forecasters, and external experts to ensure analytical work is both technically robust and directly relevant to New Zealand’s most important economic challenges.

AIM values intellectual rigour, collaboration, and curiosity. We offer an environment where specialist economists can pursue deep technical work while seeing their analysis shape real‑world policy decisions.

Kōrero mō te tūranga | About the Role

We are seeking a Senior Macroeconomic Modeller to provide advanced analytical capability and intellectual leadership in macroeconomic modelling.

This is a hands‑on, technically focused role suited to an economist with deep modelling expertise who enjoys working on complex, policy‑relevant questions. You will design, build, and maintain sophisticated macroeconomic models and associated code, and use these tools to inform Treasury advice on fiscal and economic policy.

Depending on your interests and experience, your work may include:

• Developing and extending structural or semi‑structural macroeconomic models, such as overlapping‑generations or DSGE‑style models
• Producing forward‑looking macroeconomic and fiscal analysis, including forecasting and simulation work
• Contributing to research outputs that include briefings, analytical notes, and working papers that meet journal‑quality standards
• Translating complex modelling results into clear insights for policy colleagues and senior decision‑makers
• Supporting the Treasury’s stewardship of macroeconomic modelling capability over time

You will provide intellectual leadership in macroeconomic modelling, mentoring colleagues and contributing to the development of modelling priorities that align with Treasury’s strategic direction. Within this framework, you will exercise discretion over analytical methods and contribute to stewardship discussions on future capability needs.

Ō pūmanawa | About You

You are a technically strong macroeconomist who is motivated by intellectually challenging, policy‑relevant work.

You will bring:

• A PhD or Master’s degree in Economics, with strong foundations in macroeconomics and quantitative methods
• Deep experience in macroeconomic modelling, including time‑series analysis, econometrics, or structural macro frameworks
• Strong programming capability, preferably in Matlab, with familiarity in R or similar languages also desirable
• Experience with simulation, optimisation, calculus, and linear algebra
• The ability to communicate complex technical material clearly to non‑modellers and policy audiences

You will typically have four or more years’ experience in a modelling‑intensive role, potentially gained in academia, a central bank, treasury, finance ministry, or economic consultancy. Experience working in a policy institution and a demonstrated ability to produce research‑quality outputs are strongly advantageous.

Equally important, you will:

• Be willing to share expertise and mentor others
• Be adaptable and comfortable working in a fast‑moving policy environment
• Take pride in aligning rigorous analysis with organisational priorities and real‑world impact

Ko ngā hua | What we Offer

This is an important job and that’s why we’ll do all we can to support your success. Flexible work arrangements and five weeks annual leave, along with a range of other health and wellbeing initiatives, will help you enjoy a positive work/life balance. Our numerous social events, sports teams and employee networks will enable you to connect and have fun.

The wharenui, at the heart of our workplace, embodies our commitment to diversity and making this an inclusive place that will welcome the unique experiences and perspectives you bring to our collaborative team culture.

We’ll prioritise your development, offering you opportunities to train and advance your chosen career. The work will stimulate and challenge you, helping you learn, grow and build valuable experience and skills.

The base remuneration for this role ranges from $126,975.55 to $171,790.45 (NZD). Appointments will be made based on the successful candidate's skills, experience, and alignment with the requirements of the role.

Why join AIM?

• Be part of a new team shaping how analytics and modelling are done across the Treasury
• Work on high-impact, system-wide policy questions
• Collaborate with talented colleagues across Treasury and other agencies
• Join a supportive, inclusive culture that values excellence

Tono mai ināianei | Apply Now to shape your, and New Zealand’s, tomorrow.

If you are excited about using analytics and modelling to improve policy outcomes - and want to do that in a team that is both ambitious and welcoming - we would love to hear from you.

Apply online. Applications close 11.55pm on Sunday, 10 May 2026.

Please note, we'll be reviewing applications as they are received and may interview suitable candidates before the closing date, so don't wait to apply!

For more information and a kōrero please contact us at talent@treasury.govt.nz.

Kia Pono (Making a Difference) | Kia Whakamana (Enhancing Mana) | Kia Hono (Achieving Together)

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