WIB Credit Officer
All roles at Westpac Group can be considered for flexible working arrangements, such as flexible hours, working remotely, part time work, or job sharing.
- Permanent Full-time
- Sydney Based, hybrid working
- Join Westpac Institutional Bank's (WIB's) successful Energy and Infrastructure portfolio as a Senior member in the Corporate and Institutional Bank (CIB)
WIB's vision is to be a high performing and innovative Institutional Bank, committed to enabling the growth of our clients, our economy, and delivering sustainable shareholder returns.
The Corporate and Institutional Banking (CIB) division focuses on understanding our clients and their industry to provide our customers with solutions that meet their business needs.
**How will I help?**
As a Credit Officer in WIB you will be a key member of the wider Energy, Infrastructure, and Resources (EIR) Credit team and be responsible for credit risk approval and management of a portfolio of Institutional Infrastructure and Utilities related clients. This also includes Project Finance and Acquisition Finance related transactions. Reporting into the Head of Energy, Infrastructure, and Resources Credit, you will support the Financial Markets and Product teams in the approval of as well as management of credit risk arising from trading and structured products.
Further key objectives include:
- 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
- Adopt a continuous improvement policy to build the Westpac brand leadership in the market
- Contribute to the strategic positioning of WIB to ensure that 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 optimise risk utilisation and maximise returns to the bank within risk appetite
**What's in it for me?**
Our clients include a broad range of industry participants spanning across several sectors of EIR, where you will focus on social and economic infrastructure, energy (thermal, renewable power generators, and energy retailers), regulated utilities, infrastructure funds, and natural resources.
Westpac has brought together a team that has extensive experience in the design and execution of complex financing solutions across all these industries. This industry group also includes the Customer Insights and Analytics team, a dedicated global team of analysts that help create a true point of market differentiation through deep sector and customer insights.
You will also play a significant part of the future of a business that has been around for over 200 years. Our purpose is to create better futures together. So, we'll back you in the development of your career, internal career prospects, and flexible working. You'll also keep learning to grow your career, backed by a fantastic team of people with a can-do, supportive structure. Whatever shape your family takes, we offer generous paid and unpaid parental leave for your nominated primary and support carers. This includes leave to organise adoptions, surrogacy, and foster care arrangements. And we continue to pay your super contributions while you take all the time you need to get your new family settled.
**What do I need?**
To be successful in this role you must be a highly experienced Institutional/Transactional Banking Credit Analysis/Risk professional with demonstratable experience and knowledge from the Energy, Industrials, and Resources sectors.
Key Credit analysis industry experience includes:
- Energy (i.e. Utilities, Distribution, Transmission and Renewable assets)
- Infrastructure (i.e. PPPs, REZ, Airports, Ports, Rail, Digital Infra Assets, and Infrastructure Funds, etc.)
- Financial market transactions
- Natural Resources (i.e. Metals and Mining, Oil & Gas, Mining Services, etc.)
Key soft skills include:
- Ability to act independently, think innovatively, solve problems, and exhibit a collaborative growth mindset
- Superior communication skills, excellent negotiating and influencing skills, and a commercial mindset to appropriately balance risk and return objectives
- Practical knowledge of legal documentation (term sheets, ISDAs)
Further preferred experiences and qualifications include:
- Previous delegated authority to approve credit risk within the infrastructure-related sectors, including project finance and acquisition finance products
- Tertiary qualifications, such as a business degree or post graduate finance qualification
- Industry qualifications such as CPA, CFA or PRMIA
**What's it like to work there?**
We are a collaborative team of passionate people with a shared ambition to make a difference for our customers, our communities and each other. At Westpac, making a difference means creating impact, unlocking our own and each