Graduate Business Analyst - Payments Settlements

We have an opportunity for a Graduate Business Analysis within the Payments Settlements Department (PS) at the Reserve Bank of Australia. PS owns and operates the national payments settlement infrastructure that sits at the heart of the Australian financial system – the Reserve Bank Information and Transfer System (RITS) and the Fast Settlement Service (FSS).

This is an impactful role with a key focus on the delivery of high-quality business requirements and functional specification documents for enhancements to RITS and other PS systems.

You will be working as part of an integrated team of IT application developers, testing professionals, operations specialists and business subject matter experts, and will be involved in a diverse range of projects developing skills and experience in the design and implementation of business solutions.

The role commences on 2 February 2026 and is part of the RBA’s two-year Graduate Development Program.

From day one, you will get the opportunity to:

• undertake analysis of current business processes to identify improvements and efficiencies

• create detailed business requirements and contribute to successful project delivery of key internal system upgrades

• liaise and collaborate with Information Technology, other departments and external institutions to ensure business needs are met

• communicate complex business and technical information to a diverse range of stakeholders.

Selection Criteria

• Applicants must hold or be completing a degree/double degree with strong academic achievement in economics, business analytics, finance, commerce, business, information technology or business information systems.

• Business analysis and project management subjects completed at university.

• A relevant industry work placement, volunteer experience or internship providing professional exposure to Business Analysis or Project Management.

• Exposure to coding/ data analytics.

• Demonstrable interest in developing deep knowledge in Australia’s payment systems landscape.

• Australian citizenship, permanent residency or New Zealand citizenship.

• We are seeking graduates who are dynamic and adaptable, strive for success, are strong communicators and collaborators, and driven to achieve results.

Application and Selection Process

• Submit your resume and most recent academic transcript at the same time as separate document attachments

• Complete a questionnaire form - no need to provide a cover letter

• Candidates that meet academic benchmarks will be asked to complete an online assessment comprising of a questionnaire and a video interview.

• Interviews will be conducted virtually in late August/September.

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.

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