Dealing Room Risk ManagerSenior Manager

Create your best future and join Westpac as a Dealing Room Risk Manager / Senior Manager - Commodities Trade & Transition (CTT)

Whats the role

As a Dealing Room Risk Manager / Senior Manager within Commodities Trade & Transition (CTT) youll lead second line market risk governance and oversight for physical and financial commodity trading activities across agriculture energy carbon base and precious metals and electricity markets.

Youll partner closely with Front Office Treasury Technology and Finance to support the responsible growth of the commodities business through strong risk discipline. Youll design and maintain robust market risk frameworks including risk limits stress testing risk factor sensitivities valuation oversight and early warning indicators. A key focus of the role is independent oversight of traded market risk ensuring exposures remain within risk appetite and that appropriate controls are in place for new and existing trading strategies.

Youll provide independent challenge and expert advice to senior stakeholders contribute to the development of risk policies and governance forums and support the implementation of best-in-class risk analytics and reporting.

This is a permanent full-time Sydney-based role with flexible work options (3 days in office).

What do I need

• 710 years experience in commodities market risk commodity trading or related control functions within a global financial institution commodity merchant or hedge fund.
• Deep understanding of both physical and financial commodity markets including delivery logistics storage basis risk and operational risk considerations.
• Strong capability in market risk governance policy development and risk limit frameworks.
• Expertise in market risk metrics including VaR stress testing scenario analysis and risk sensitivities (Greeks).
• Experience designing and overseeing monitoring frameworks including KRIs KPIs performance triggers and early warning indicators.
• Familiarity with valuation oversight including commodity curve construction volatility surface calibration and basis adjustments.
• Strong senior stakeholder management skills providing independent challenge and advice to Front Office and governance forums.
• Proficiency in risk systems (e.g. Murex) and analytical tools (e.g. Python SQL Excel).
• A degree in a quantitative field (e.g. Finance Economics Mathematics Engineering); certifications such as CFA or FRM are highly regarded.
• Familiarity with Australian market risk regulation particularly APS116 APS117 and APS180.

Why join us

Were obsessed with becoming our customers #1 banking partner 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 you 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.