Dealing Room Risk Manager/Senior Manager at Westpac Group

, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

29 Jun, 26

Salary

0.0

Posted On

31 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Governance, Policy Development, Approval Frameworks, Liquidity Assessment, Leverage Assessment, Balance Sheet Impact, Collateral Valuation, Performance Triggers, Stakeholder Management, Analytical Capability, Problem-Solving Capability, Commodity Products, Market Risk Regulation, VaR, Stress Testing, Sensitivity Measures

Industry

Financial Services

Description

Create your best future and join Westpac as a Dealing Room Risk Manager / Senior Manager - Commodities, Trade & Transition (CTT) What’s the role? As a Dealing Room Risk Manager / Senior Manager within Commodities, Trade & Transition (CTT), you’ll lead risk governance and oversight for structured commodity financing transactions, and have an understanding of pre‑export finance, inventory finance, receivables‑based structures and commodity trading strategies. You’ll partner closely with Front Office, Treasury, Technology and Finance to support end‑to‑end structuring, establish governance and market risk metrics (VaR, stress tests, risk factor sensitivities) and frameworks, and assess impacts to liquidity and leverage. A key focus of the role is designing and overseeing monitoring frameworks, including commodity collateral valuation, performance triggers, and early‑warning indicators. You’ll provide independent challenge and expert advice to senior stakeholders, define data and analytics requirements for structured finance, and support the responsible growth of the commodities business through strong risk discipline. This is a permanent fulltime Sydney‑based role, with flexible work options (3 days in office) What do I need? * Experience in commodities and/or structured finance, including complex or bespoke financing arrangements. * Strong capability in risk governance, policy development, and approval frameworks for structured products. * Experience assessing liquidity, leverage, and balance sheet impacts, partnering with Treasury and Finance. * Ability to design and oversee monitoring frameworks, including collateral valuation and performance triggers. * Strong senior stakeholder management skills, providing independent challenge and advice to Front Office and governance forums * A flexible and adaptable skillset, with well‑developed analytical and problem‑solving capability. A degree in a quantitative field and certifications (CFA, FRM) would be highly regarded. * End user experience in Front Office system solutions (i.e.,Murex) is desirable. * A strong understanding of commodity products including pricing. * Familiarity with Australian market risk regulation – particularly APS116, APS117 and APS180. * Proficient in market risk concepts such as sensitivity measures, VaR and stress testing. Why join us? We’re obsessed with becoming our customers #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that: * Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates! * Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave. * Tailored learning and development opportunities to help your grow your career within the bank. * Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives Create your future today To get started, simply click on the APPLY or APPLY NOW button We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community. If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the "People with Disability and/or needing Accessibility Requirements" page on our website [https://www.westpac.com.au/about-westpac/inclusion-and-diversity/Inclusion-means-everyone-matters/disability-and-accessibility/].

Responsibilities

The role involves leading risk governance and oversight for structured commodity financing transactions, including pre-export finance and inventory finance structures. Key duties include partnering with various departments to establish governance, market risk metrics, and designing monitoring frameworks for collateral valuation and early-warning indicators.