New Zealand Job Openings

Westpac New Zealand

Associate Structured Finance

FULL TIME

October 31, 2024

Associate - Structured Finance

Full-time permanent role

Auckland based

Westpac is the leader in the Australian and New Zealand structured finance and securitisation markets, providing innovative financing solutions to a diverse range of borrowers, as well as assisting in the execution of Asset-Backed Securities issues to the capital markets.

Mō te tūranga | About the Role

We are seeking an Associate to join the team to assist with both new to bank transactions and in managing the existing client base. The key components of this role will involve the completion of daily operational tasks and portfolio reporting, preparation of internal approval submission, liaising with customers and supporting the team on new transactions or amendments to existing programmes.

Key responsibilities include:

Assist in day-to-day management of the Structured Finance portfolio and customers.
Timely and accurate portfolio reporting to meet compliance and regulatory obligations.
Ensuring key processes are run efficiently to support the team’s business growth and control procedures.
The role will provide a pathway to develop credit skills required for completion of credit papers for new transactions or amendments to existing programmes.
Liaise with customers, Relationship Managers, internal/external legal counsel, financial markets and other parts of the bank.
Assist the team in the origination and execution of transactions, including bank funded and capital markets bond issues.
Prepare financial models relevant for each transaction

Each transaction is unique. Accordingly, the successful applicant will be exposed to a broad range of varied securitisation and structured finance transactions where innovation is actively encouraged. This is a rare and unique entry point into the fields of Securitisation and Structured Finance.

Nā tāu rourou | What will you bring?

We are looking for someone who is customer centric, a team-player and exhibits drive, resilience and high levels of personal integrity and professionalism.
Minimum tertiary education to Bachelors level with a proven interest in accounting, finance, law, the sciences or other critical thinking based subject.
Sound administration and analytical skills, with the ability to meet tight deadlines in a fast-paced environment
Financially numerate with competence in Excel and the ability to develop financial model/modelling skills
Credit knowledge advantageous but not essential

Westpac Hei Wāhi Mahi | Working at Westpac
In addition to immersing yourself in a supportive team environment, you'll receive some great job perks and benefits including:

4 weeks standard holiday + 5 additional days of wellbeing leave to support you to be your best
Additional purchased leave options up to 4 weeks per year
Banking benefits, insurance discounts and superannuation scheme
Growth and development – we provide opportunities for development and promote internal mobility
Recognition - we recognise and reward our star performers
School holiday subsidy - help you balance work and family during school holiday
2 Volunteer days per year

Ko mātou tēnei | Our Organisation
At Westpac, we’re working together to build a fairer and stronger New Zealand for our people, customers, and communities. For over 160 years we’ve been driven by our purpose to Create Better Futures Together.

What makes us unique are the incredible people we’re lucky enough to have walk through our doors every day. The giant ‘W’ on our building doesn’t just stand for Westpac – it says, double you. We’re a place that values, rewards and recognises individuality. Where you can be your whole self, your true self, and your best self. We’re recognised as a place where talent is developed, where passions are fuelled and where ambitions of all shapes and sizes thrive. And it all starts with you!

Tono mai ināianei! | Apply Now!

Apply today with your CV and Cover Letter.

The people of Aotearoa, New Zealand hail from many cultures and backgrounds. At Westpac New Zealand, we draw on this enormous talent pool to cultivate a team rich in ability and empowered to reach its full potential. Our aim is to be brave challengers, celebrating our differences and relentlessly advocating for our customers. It starts with us – we believe that when we care deeply and do our best for our people, they’ll do their best for our customers. We encourage people from all walks of life to apply, including those who are neurodiverse, have chronic health conditions or disabilities – your attitude and passion are as important to us as your experience, qualifications and capabilities.

Mahi tahi tātou, kaha ake tātou | Together Greater

Applications close:

15 November 2024

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