Kelly Eckhold Email & Phone Number

Auckland, New Zealand

Washington D.C. Metro Area

Central bank operations, Financial market development, FX policy and trading, FX intervention policy and operations, monetary policy formulation and implementation.

Wellington

• RBNZ representative on the IBOXX Oversight Committee for the development of the Asian Bond Fund benchmark indices
• RBNZ alternate representative for the Asian Bond Fund Pan Asian Index Fund Supervisory Committee
• Responsible for directing major policy initiatives within the financial markets operations division of the RBNZ including the RBNZ’s review of the structure and management of its balance sheet, review of the currency.
• Responsible for managing the foreign currency liabilities funding the Bank’s foreign reserves and the development of the use of cross currency swaps for liability management
• Responsible for developing the Bank’s liquidity management and Open Market Operations policies including collateral eligibility and the Bank’s standing liquidity facilities
• Member of the RBNZ’s Asset and Liability Committee

Wellington

• Management of a team of traders responsible for: managing the Bank’s portfolio of foreign reserves; maintaining an effective and credible crisis FX intervention capacity; and maintaining an effective range of.
• Member of the Bank’s Monetary Policy Committee and Financial System Oversight Committee which are responsible for advising the Governor on the formulation of monetary and financial stability policy.
• Representative for the Bank on the EMEAP Working Group for Financial Markets – a group responsible for the development of the Asian Bond Fund initiatives and for sharing information on financial market developments.
• Responsible for the development and ultimate implementation of the Bank’s non-crisis FX intervention policy.

Wellington

• Management of a small team of analysis responsible for the analysis and interpretation of financial market developments of interest to the wider Bank.
• Member of the Bank’s Monetary Policy Committee and the Governor’s OCR Advisory Group responsible for the formulation of monetary policy.
• Co-manager of the team responsible for the implementation of monetary policy including the maintenance of the Bank’s standing facilities and liquidity and debt management activities.

London

• position taking and dealing in the G10 money markets and the foreign exchange market including the execution of client orders and the management of the Bank’s foreign exchange risk.
• Analysis and interpretation of financial market developments with relevance for the implementation of monetary and financial stability policy.
• Analysis and interpretation of market developments of interest to the Bank’s reserves management team.

Wellington

• Projects/tasks included:
• General research and analytical work on both the domestic and international bond, money and foreign exchange markets.
• Liaison with market participants
• Medium-term research projects on a variety of issues with the aim of trying to understand financial markets better. Published output was an analysis of the determinants of domestic bond yields; the determinants of.
• Research projects in conjunction with the Bank’s foreign reserves operation on the viability of trading rules and on defining a risk measurement framework appropriate for the foreign reserves portfolio.
• A period as secretary of the Bank’s Monetary Policy Committee

Wellington

Economist in the research and monetary policy sections responsible for various research and conjunctural analysis.

Bachelor Of Finance (Hons), Finance And Economics

Bachelor Of Commerce (Hons), Finance And Economics

Honors degree in finance and economics