Financial Markets Authority
Internship Programme (Nov 2024)
Auckland, Wellington
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- NZD 59,000 - 60,000 / Year
- Enhanced leave entitlements & employer KiwiSaver contributions
- 8 vacancies
- Apply by 2 Aug 2024
- Start date 17 Nov 2024
- 12-week Summer Internships available starting 18th November 2024 to 7th February 2025
- Offering both Wellington and Auckland based positions
By joining the FMA, you'll join a community of supportive, approachable and collaborative teammates - all working towards the same goal of making New Zealand's financial sector work for everyone. In our 12-week internship you will work on real projects and be exposed to a variety of work. You’ll make lifelong connections, build a professional network, get paid to learn and find your passion!
Our holistic program will immerse you in New Zealand’s financial markets and the regulatory world, where you'll have meaningful work that contributes to our goal of fostering the fairest financial sector in the world.
From day one, our structured Early Careers program provides:
- a dedicated buddy and ongoing mentoring
- real life projects to sink your teeth into
- An overview of the FMA and several of our business functions
- valuable networking opportunities with your peers and colleagues from across the FMA and access to industry experts
As an FMA Intern - you’ll gain real-world experience, enabling you to see the workings of your team and impact they make towards fairer consumer outcomes. Your team will welcome your fresh thinking and will coach you throughout your 12-week internship.
Our culture is a major drawcard, attracting people from across both public and private sectors. We're inclusive and welcoming, embracing diverse backgrounds and perspectives. It's the best of both worlds – we're small enough to feel a real sense of belonging and big enough to have a meaningful impact through our empowering mandate.
Here from some of our recent interns and graduates:
"At the very start, we were given training and an overview of virtually every aspect of the FMA which made us understand how the organisation operates and how different teams work together."
"There are virtually no barriers to who I can talk to within the FMA. Higher ups in the organisation are very approachable and we are encouraged to connect with them".
"People around me make an effort to give me interesting and varied work. I feel that my work makes a real difference to the broader community".
Get in now to express your interest in kick starting your career the FMA way!
Hiring criteria
- No experience required
- New Zealand Citizen
- Business & Management +more
- Associate Degree or higher
Reviews
My role involves completing two research projects, so most of the time I am working on these projects. I would also occasionally have some intern information and catch-up sessions accompanied with meeting with various stakeholders as part of the drafting of my research.
I have been carrying out an individual project with the help of my supervisor throughout the summer period. The project involves research into the market and writing on the findings.
I was left to my own devices (which I liked) and whilst I highlighted that the work, I was doing was not only inconsistent from the input I got from other within the organization I was directed to continue on. Frankly I felt guilty taking my paycheck every fortnight.
About the employer
Financial Markets Authority
4.2
100 - 500 employees
Government & Public Service
With us, you'll enable and empower New Zealanders to have confidence that the financial services sector is fair and is working well for them.
Pros and cons of working at Financial Markets Authority
Pros
Being able to work from home twice a week gives me a much better work-life balance and improves my productivity overall.
The company is very relaxed, with good worker benefits, and a positive culture. Everyone is committed to helping me develop. The work is interesting and varied. I feel like I am making a positive contribution to society.
They made us Interns feel very welcome from day one. Everybody has been extremely nice and inclusive; it is the best work culture I have ever experienced. We were also given the opportunity to learn about how other teams operate which is really helpful as we may find an area of work that we could be interested in working with in the future.
The people are the best thing about the company. My colleagues are clearly smart individuals who know what they are talking about. They are motivated and collaborative.
What I really enjoy about working at the FMA is firstly the purpose and objectives that the FMA base their work upon. As the purpose of the FMA is to ensure the conduct of market participants within New Zealand's financial markets are fair, transparent, and efficient, the projects you work on serve a great purpose towards helping financial institutions of all shapes and sizes, so your role and project are highly valued by your team and managers. Secondly, the work environment is incredible - everyone is kind, and willing to lend a hand when you need.
Cons
Nothing thus far!
My possible increase in remuneration is lower working here than at other potential workplaces that I could go to.
It is usually a good thing but sometimes I feel like the environment is so relaxed that my productivity starts to decrease.
I think the lack of meaningful work for me is what I think is the worst thing about the company. It is not to say that there wasn't meaningful work being done by the rest of my colleagues; rather it was my project was not fulfilling.
There is nothing horrible I have encountered working at the FMA. The only aspect maybe that sometimes the tenure of the internship can impose a limit at to how deeply you can research and complete your project. But besides from this, everything is great no issues I am aware of.