Senior Associate, Credit and Capital – Institutional Banking

Create your best future and join Westpac as a Senior Associate (Credit and Capital Institutional Banking)

• Supporting Group-wide compliance with Australian Prudential Standard (APS) 120 (Securitisation) on behalf of the Standard owner (GM CIB) and
• Supporting the development of a stress & scenario analysis framework for WIB

Whats the role

Were looking for a Senior Associate to join the Credit and Capital team within Westpacs Corporate and Institutional Bank (CIB). You will play a key role in supporting both (i) compliance with APS120 (Securitisation) and (ii) the establishment and embedding of a scenario analysis framework for Westpacs Institutional Bank (WIB).

You will contribute to supporting compliance of APS120 (Securitisation) including performing regulatory capital analysis securitisation specific stress testing reviewing controls and issues and contributing to regulatory interpretations to support deal execution.

You will also contribute to the establishment of a framework to deliver bottom-up scenario analysis on material WIB portfolios. The framework will support risk appetite settings understanding tail risk in portfolios and will inform decision making. To support the framework you will develop an understanding of APS113 capital regulations and impacts to return on equity metrics. You will have the opportunity to engage across different business units and gain exposure to industry teams and portfolio strategies.

This is a full-time role based in Sydney / Melbourne which offers a collaborative team environment. The role is an opportunity to gain valuable knowledge and experience across institutional banking.

What do I need

• Strong analytical capability with high attention to detail ideally with experience in regulatory capital and return analysis
• Relevant qualifications in finance business or a related discipline
• Ability to translate technical concepts into business actionable insights supported by advanced Excel skills
• Ability to coordinate stakeholders manage deliverables and support project execution
• Understanding of prudential regulations (APS120 Securitisation / APS113 Internal Ratings Based approach to Credit Risk) and/or exposure to stress testing and scenario analysis (desirable)

Why join us

Were obsessed with becoming our customers #1 banking partner for life and were looking for people who are passionate about helping us achieve that return were committed to making Westpac the best place to work in the country. Here are just a few of the ways were 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

Were 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 thePeople with Disability and/or needing Accessibility Requirementspage on ourwebsite.