Westpac Institutional Banking

Outsourcing Manager, WEG

Frankfurt am Main

FULL TIME

October 31, 2024

Role Title: Outsourcing Manager, WEG
Role location: Frankfurt Am Main, Germany
About Westpac : We are Australia’s first bank and oldest company, and one of four major banking organisations in Australia. This opportunity sits in our Frankfurt office working for Westpac Europe Gmb H (WEG), Westpac’s most recently established subsidiary supporting the needs of our corporate, institutional, and governmental clients across Europe.
How will I help?
The role of the Outsourcing manager is to manage all internal and external outsourcing activities for WEG, the Frankfurt subsidiary of Westpac. They need to manage and maintain service level agreements ensuring ongoing compliance with all applicable regulatory requirements and policies.Work with a team of Business Analysts to deliver tailored business solutions in the growth phase of the newly established Wesptac Europe Gmb H
The WEG Outsourcing Manager has responsibility for all outsourcing activity as the Outsourcing Officer ( Auslagerungsbeauftragter )
  • In this capacity, the role must maintain strong relationships with Westpac and WEG’s other outsourcing partners.
  • The Outsourcing Manager will have experience, local knowledge and skills to manage, monitor and control WEG’s outsourcing activities according to local regulatory requirements.
  • Creation and maintenance of all WEG outsourcing documentation (incl. policies and procedures) and reporting as required
  • Point of contact for auditors on all matters relating to outsourcing
  • Support the Information Security Officer
What’s in it for me?
A key role in supporting the establishment and growth of a new business subsidiary which forms part of a key global strategy for Westpac. You will have an opportunity to demonstrate a broad range of your skills and experience and put your stamp on the role. You will work with key stakeholders across London, Frankfurt, and Sydney.
You will have access to a comprehensive range of Westpac benefits including flexibility and various leave entitlements
What do I need?
  • Banking experience in a similar role
  • Several years of professional experience in the field of outsourcing management in a bank or financial services institution
  • Knowledge of relevant regulatory requirements according to KWG, Ma Risk, BAIT and the EBA guidelines on outsourcing management
  • Understanding of technology systems and cloud services
  • Very good written and spoken German and English
  • Demonstrated behaviours in accordance with the Westpac Group Values
  • Strong relationship/stakeholder management skills
  • High attention to detail
  • Superior communication skills- oral and written
  • Planning and organisational skills
  • Ability to persuade and influence
  • A focus on outcome and delivery
  • Ability and motivation to upskill quickly and strengthen broader regulatory knowledge
What’s it like to work here?
When you join, you’ll 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 – it’s what we do, who we are and why we come to work every day. As an equal opportunity employer, we’re 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 the APPLY button.


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.

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