Senior Associate/Associate Director - Risk and Valuation at Westpac Group

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

28 Jan, 26

Salary

0.0

Posted On

30 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Quantitative Skills, Analytical Skills, Financial Markets, Risk Management, Data-Driven Analysis, Communication Skills, Excel Skills, Programming, Python, VBA, SQL, Collaboration, Problem Solving, Trading Environment, Operational Risk, Valuation

Industry

Financial Services

Description

Sydney location Full time permanent Hybrid working environment, 2-3 days in office. What’s the role? The Group Treasury, Chief Investment Office (CIO) is responsible for the active management of the risks that arise from Westpac's day-to-day banking activities with customers and its structural balance sheet positions. This includes Westpac Group’s interest rate, foreign currency and basis risks, liquid assets portfolio, collateral obligations, short-term funding programs (onshore and offshore) and intraday liquidity risk management. As part of the Financial Insights, Risk and Enablement team, you’ll have the opportunity to work closely with Front Office traders to support and enhance CIO’s trading and risk management capabilities. Key responsibilities: Be the go-to expert for Front Office traders when risk or valuation challenges arise within CIO’s risk and P&L platform (Dragon). Your expert guidance and timeliness in diagnosing and resolving the root cause of discrepancies will ensure the trading team have confidence in the platform to make informed decisions. Collaborate with Front Office traders to translate complex valuation and risk mechanics into actionable insights. Partner with Analytics, Technology, and Treasury teams to design and deliver enhancements to Dragon and other analytical tools, to enable new products for the trading team and improve the accuracy of the tools. Act as the CIO subject matter expert for Group Treasury change and enablement initiatives. Drive analytical efficiency and reduce operational risk by identifying, designing, and implementing simplification opportunities. What do I need? Strong quantitative and analytical skill set — demonstrated through academic background or practical experience in financial markets, risk, or data-driven analysis. Relevant tertiary qualifications (Finance, Economics, Mathematics, Engineering, Computer Science, or similar). At least 3 years of banking experience, ideally with exposure to Financial Markets or Treasury. Solid understanding of financial market products, Murex product system and Front Office risk/P&L concepts. Advanced Excel skills and proficiency in quantitative tools; programming experience (e.g. Python, VBA, SQL) is a valuable bonus. Excellent communication skills, with the ability to bridge technical analysis and trader decision-making. A proactive, self-motivated approach and a strong desire to work in a fast-paced, collaborative trading environment. 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.

Responsibilities

Act as the expert for Front Office traders in resolving risk and valuation challenges. Collaborate with various teams to enhance analytical tools and improve trading capabilities.