- Competitive salary + 10% superannuation + range of leading employee benefits
- Hybrid role + centrally located offices in Britomart + WFH available
- 5 days wellbeing leave on top of annual leave
The Balance Sheet Management team's primary focus is the effective and efficient management of WNZL's balance sheet and allocation of balance sheet resources, supporting the delivery of Westpac NZ's wholesale funding strategy and overall business performance. The team is responsible for the allocation and pricing of WNZL's funding and liquidity resources and is a key stakeholder of the customer deposit portfolios.
The team is part Westpac NZ Treasury, and works closely across WNZL Treasury, Group Treasury, Finance, Product, Pricing and Distribution teams.
Mō te tūranga | About the Role
Reporting directly to the Director Balance Sheet Management within the Treasury (Finance) department, you will primarily focus on the Balance Sheet Pricing & Performance project, to develop and implement an enhanced Liquidity Transfer Pricing (LTP) methodology.
Additionally, you will:
- Support the management of WNZL's balance sheet through balancing performance, risk appetite and growth/franchise aspirations against regulatory needs and the operating environment.
- Work in collaboration with relevant stakeholders to conduct a gap analysis between current and future LTP states to draw insights into the individual impact assessment, identify risks, gaps and/or weaknesses.
- Support the development of LTP planning and forecasting activities.
- Provide analysis to a high quality of both content and presentation for senior stakeholder review and approval.
- Collaborate with stakeholders to support identification and execution of balance sheet optimisation and efficiency opportunities within risk appetite.
- Prepare regular reporting, balance sheet optimisation and Funds Transfer Pricing (FTP) papers to WNZL management and governance forums.
- Perform related duties as assigned, within the scope of role and as required by senior leadership.
Nā tāu rourou | What will you bring?
- Bachelor’s degree in Finance, Commerce or Accounting along with CA, CPA or CFA qualified.
- 3-7 years broad based banking experience
- Experience within a Treasury environment
- Proven experience in analysis and reporting
- Financial Modelling / Advanced user of Excel
- Knowledge of Transfer Pricing methodologies, behavioural curves, bank pricing factors
- Excellent written and verbal communication skills.
- Excellent interpersonal relationship skills and ability to work with multiple stakeholders across all levels of the business.
- Excellent analytical skills with the ability to interpret complex data and communicate insights effectively.
- Ability to work at pace in a dynamic environment.
- Motivated and adaptable with a growth mindset
Westpac Hei Wāhi Mahi | Working at Westpac
Immerse yourself in a supportive team environment, and receive some of the best banking and lifestyle benefits in the market along with:
- 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
- Career growth – we promote internal capability; we have programmes that recognise star performers
- Generous parental leave – and top up government paid parental leave
- 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:
11 March 2025
