Senior Credit Officer, FIPSH

Company: Westpac Group
Location: New York
Posted on: March 12, 2025

Job Description:

Role Title: Senior Credit Officer, Europe & Americas 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 New York office working for Westpac Institutional Bank, the division of Westpac, which services the needs of our corporate, institutional, and governmental clients.How will I help?You will be responsible for credit risk approval and management of a portfolio of Bank and Non-Bank Financial Institution exposures. Responsibility will extend to credit risk management of Financial Markets and Treasury activity.

• Demonstrate prudent and clear judgment in the assessment and management of the credit risks within the business, including the early recognition of problem loans and implementation of remediation plans
• Approve transactions and customer group risk appetite within delegated authority or support exposures in excess of the delegated authority.
• Adopt a continuous improvement policy to build the Westpac brand leadership in the market.
• Contribute to the strategic positioning of Westpac to ensure credit strategies and policies are appropriately aligned with business units' objectives
• Contribute to the development of a sound credit culture within the business
• Work closely with the business to optimize risk utilization to maximize the return to the bank from the defined / available risk appetite
• Work closely with the Dealing Room Credit Officers to ensure trading is within approved limits or referred to the appropriate authority for prior approval.
• Collating and analyzing data to drive effective in-country risk management, including production of risk reporting for the local risk management committee and in-country leadership team.
• Ensure policies and procedures meet local regulatory expectations. Engage with external regulators as necessary.What's in it for me?You will have an opportunity to demonstrate a broad range of your skills and experience as a Credit specialist for a key growth area for the WIB business. You will work with stakeholders and colleagues across New York, London, and Sydney.180,000 USD to 230,000 USD fixed comp range + You will have access to a comprehensive range of Westpac benefits including flexibility and various leave entitlementsWhat do I need?
  • Significant experience in a credit-related role. Previous delegated authority to approve credit risk is highly desirable
  • Previous experience in credit analysis of the Bank and Non-Bank Financial Institutions sector. In addition, Structured and/or Subscription Finance experience will be considered highly
  • Practical knowledge of legal documentation
  • Experience engaging with US regulators (preferred)
  • Ability to act independently, think innovatively, solve problems and exhibit a growth mindset
  • Superior communication skills, as well as excellent negotiating and influencing skills
  • Tertiary qualified with a business degree or postgraduate qualificationsWhat's it like to work there?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 theAPPLYbutton.
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Keywords: Westpac Group, New York , Senior Credit Officer, FIPSH, Accounting, Auditing , New York, New York