Associate Director, Asset Finance
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Job Summary
Role Title:Associate Director Asset Finance
Role location: London
About Westpac: We are Australias first bank and oldest company and one of four major banking organisations in Australia. This opportunity sits in our London office working for Westpac Institutional Bank (WIB) the division of Westpac which services the needs of our corporate institutional and governmental clients. We are a leading provider of wholesale banking services in our region with an increasing presence in the Northern Hemisphere.
How will I help
The Asset Finance team is responsible for the origination structuring pricing and documentation of asset-secured financing solutions for WIB customers. These are typically secured loans with recourse to large corporates (mostly public companies or private companies of equivalent scale) in the aviation shipping rail land transport natural resources diversified industries technology defence and other industry sectors.
Key responsibilities
You will lead the origination and execution of complex asset finance opportunities by evaluating the credit quality and structural integrity of transactions across multiples sectors asset classes and jurisdictions. Our typical commitment size is US$50-200million equivalent. Transactions may be syndicated facilities club deals or bilateral loans. Borrowers include both owner-operators and lessors and will be a mix of new-to-bank and existing WIB customers.
Transactions are typically secured on large-ticket strategic assets such as aircraft ships and other maritime assets rail buses trucks yellow goods mining equipment industrial equipment & plant real estate synthetic leases data centre equipment etc.
This role will report to Director Asset Finance in Sydney and locally to Director Asset Finance in New York and will primarily be focussed on asset finance transactions in UK and Europe as well as supporting the New York team as they build out their business.
Whatsin it for me
Youll be joining a highly supportive and collaborative team with international coverage during a period of Group Executive backed growth plans for CIB and the international business. This is a newly established role in the London office.
You will have access to a comprehensive range of Westpac benefits including flexibility and various leave entitlements.
What do I need
- The preferred candidate will be a self-motivated team player with strong initiative drive and high customer service values preferably with many years of banking experience.
- Track record in leading asset finance specific or complex debt transactions in the industry sectors outlined above. Broad experience across a number of these industry sectors is highly desirable. Ship finance experience is particularly desirable (although ship finance is unlikely to constitute a majority of the deal flow).
- Strong understanding of corporate credit and the key credit drivers for banks
- Knowledge of customer and investor markets
- Loan structuring skills and documentation experience
- Understanding of legal operational and credit concepts
- Ability to develop and maintain a comprehensive investor/bank network
- Proven ability to build trust and rapport with internal stakeholders across diverse functions
Whatsit like to work here
When you join youll become part of the broader Westpac Group family where we aim to be a friendly switched-on team working for a single purpose - Creating Better Futures Together its what we do who we are and why we come to work every day. As an equal opportunity employer were proud to have created a culture where people can be their best in an environment that values diversity and flexibility.
Within the Westpac Group you will be part of the Institutional Banking division where our vision is to be a high performing and innovative institutional bank committed to enabling the growth of our global clients our economy and delivering sustainable shareholder returns.
How do I Apply
Start Here. Just click on theAPPLYbutton.
As part of our commitment to creating a diverse and inclusive workplace this role is open to experienced candidates seeking a discussion around workplace flexibility. We invite candidates of all ages people with a disability and Indigenous Australians to apply.
Required Experience:
Director
Key Skills
- Accounting Software
- Forecasting
- Ellucian
- Financial Report Writing
- GAAP
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
About Company
Westpac has a long and proud history as Australia's first and oldest bank. It was established in 1817 as the Bank of New South Wales under a charter of incorporation provided by Governor Lachlan Macquarie. In October 1982 it changed its name to Westpac Banking Corporation following th ... View more
