Product Owner

1 day ago


Sydney, New South Wales, Australia Westpac Group Full time $80,000 - $120,000 per year

Job Description
Create your best future and join Westpac as a Product Owner.

What's the role?
Westpac is delivering a multi-phase program to implement Planview as its strategic project and portfolio management (PPM) platform, replacing legacy systems. The initiative will simplify and enhance governance, delivery execution, and strategic investment planning.

The initial delivery focuses on core project delivery capabilities and system integrations, followed by uplifts to resource management, Agile delivery capabilities, and financial management.

The Product Owner represents the business within a structured, phased (Waterfall) delivery environment, ensuring outcomes meet business needs, align with strategy, and deliver stakeholder value.

Note
: This is not an Agile Product Owner role. The position operates within a structured delivery framework, focusing on scope, business requirements, decision-making, and benefits realisation rather than backlog management or sprint execution.

Working closely with stakeholders, Business Analysts, and delivery teams, the Product Owner defines and prioritises business needs, provides direction and approvals through each project phase, and ensures the solution delivers measurable business value.

Key responsibilities include:

  • Vision and Alignment: Define and communicate product vision, objectives, and scope, ensuring alignment with strategy.
  • Stakeholder Engagement: Represent stakeholders, manage expectations, and ensure clear communication with executives.
  • Prioritisation and Decision-Making: Own release scope, balance value and risk, and make timely trade-off decisions.
  • Requirements Management: Oversee and approve business and functional requirements for accuracy and completeness.
  • Collaboration with Business Analysts: Guide BAs in refining requirements and approve deliverables for quality.
  • Governance and Quality Assurance: Participate in reviews and testing; ensure traceability and business value delivery.
  • Change and Benefits Realisation: Approve change requests, support readiness, and ensure benefits are realised.

What do I need?

  • Demonstrated experience in a Product Owner, Business Lead, or similar role within structured Waterfall or Hybrid delivery environments.
  • Strong understanding of waterfall and Agile delivery frameworks and practices.
  • Strong stakeholder engagement and influencing skills, with the ability to manage competing interests.
  • Experience with PPM tools such as Clarity or Planview, or SaaS implementations would be highly advantageous for this position.
  • Proven ability to work across enterprise -wide stakeholder groups to manage and prioritise scope and requirements across complex programs or projects.
  • Experience collaborating with Business Analyst teams to deliver clear, high-quality requirements.
  • Excellent communication and facilitation skills, comfortable engaging with executives, business SMEs, and delivery teams.

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 .

We're all about helping our people grow and succeed. Whether you're a current employee, trainee, or intern, we're committed to your career development Check out our FAQs and internal support resources here.


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