Product Management Associate, Debt Products
7 days ago
Opportunity to join Westpac's Institutional Bank
- Utilise and expand your strategic product knowledge and skills.
- Sydney based
**How will I help?**
The Westpac Institutional Bank (WIB) is looking for an experienced and motivated Product Manager to join our Corporate & Institutional Bank (CIB) Debt Products team which is responsible for ensuring that the suite of CIB products operate within the Westpac Product and Services Lifecycle (PSL) policy.
You will have direct oversight of a portfolio of complex debt products, including Trade, Structured and Asset Finance products, where you will utilise your knowledge of lending to influence and affect strategic product changes and product reviews while uplifting product performances for CIB.
You will collaborate with product managers and business stakeholders across the product value chain to ensure optimal product functioning, new product approvals, product changes and product closures. These key responsibilities will ensure our debt products are managed and maintained appropriately while meeting the needs of our valued Corporate and Institutional banking clients.
You will also:
- Assist with product design and product approval in line with the Westpac PSL policy
- Coordinate PSL committees that oversee the approval and monitoring of CIB products and their value chains
- Ongoing product reviews, risk assessments and monitoring activities to ensure the products are maintained in accordance with PSL requirements and performing as planned.
- Support the Associate Director Product and Services Lifecycle to manage, analyse and interpret the product monitoring inputs, processes and outputs to inform stakeholders about recalibrating, reviewing and recommending metrics and thresholds.
**What’s in it for me?**
Job flexibility and the financial benefits for being part of the Westpac team (like special banking, wealth and insurance offers) you’ll be paid well, and trained so your career can grow as you do. You’ll also be encouraged to take part in our fun community projects as a paid volunteer.
**What do I need?**
You will have an interest in product management, product governance and lending within a financial services environment. You will have experience across product and service lifecycles and good reporting skills. You will have the ability to comfortably manage relationships with stakeholders across many different areas of the bank.
Other advantageous skills:
- Demonstrable experience in driving value across the business, including improving efficiency through simplification opportunities
- Knowledge of risk management and governance frameworks for the financial services industry
- Knowledge of the financial services industry regulatory environment (APRA, ASIC, BEAR and BASEL)
**What’s it like to work there?**
At the Westpac Group, we’re building a simpler, stronger bank, A bank that is here to help Australians succeed - this means helping our people, customers and communities to prosper and grow. We have been helping for over 200 years and our values help build on everything that’s great about us - and change the bits that aren’t.
Westpac Institutional Bank manages the financial needs of corporate, institutional and government clients that are based, or have interests in, Australia and New Zealand. We are a leading provider of wholesale banking services in the area, with an increasing presence in the Asia/Pacific region.
**How do I Apply?**
Start Here. Just click on the **APPLY **button.
- The health and wellbeing of our employees is our priority and we will ensure that physical distancing requirements are met in all our workplaces as long as required. _
Our employees are required to comply with the policy regardless of whether they are in customer-facing or non-customer-facing roles (as employees in non-customer-facing roles are required to attend the workplace under our Hybrid Working Strategy). Further, the Westpac Group is required to comply with State/Territory issued public health orders/directions which require relevant workers to be vaccinated against COVID-19 to enter workplaces.
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