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Product development leader

Westpac Bank
Posted: 18 February
Offer description

About BT

BT is one of Australia’s leading wealth management brands, helping Australians prepare for their best financial future. We provide investment, superannuation, and retirement solutions backed by innovation and customer focus. Within the BT Funds Business unit, there are circa 68 managed investment schemes with total Funds under Management of $7.5B (as at 30 September 2025). BT is a part of Westpac Banking Corporation.

Role Purpose

The Product Development Leader is responsible for leading the design, development, and delivery of innovative investment products identified through the Product Strategy Roadmap to meet current and future customer needs, regulatory requirements, and business objectives. This role will:

* drive strategic product initiatives and growth opportunities,
* complement and enhance the existing team’s capability, knowledge and capacity,
* manage complex projects, and
* collaborate across multiple teams to ensure BT remains competitive and compliant in a dynamic market.
Key Responsibilities
* Lead end-to-end product development initiatives from concept to launch,
* Identify market trends, customer insights, and regulatory changes to inform product strategy,
* Work with global fund managers to partner with BT to develop new strategies and products to market across public and private markets,
* Liaising with asset consultants, private banks and wealth firms as required in sourcing and developing new products and strategies,
* Develop business cases and financial models to support product decisions,
* Collaborate with internal teams (Distribution, Marketing, Risk & Compliance, Legal, Operation, IT) to ensure seamless product delivery,
* Engage with external partners and regulators to maintain compliance and industry alignment,
* Ensure all products meet legal, regulatory, and risk management standards,
* Maintain robust documentation and reporting for governance purposes,
* Mentor team members and contribute to a high-performance culture, and
* Represent BT in industry forums and thought leadership initiatives.
Skills & Experience
* Proven experience in product development and management initiatives within financial services (investments, or wealth management),
* Strong understanding of regulatory frameworks (APRA, ASIC, Corporations Act),
* Exceptional stakeholder management and communication skills,
* Commercial acumen with ability to build compelling business cases, and
* Project management expertise with ability to deliver complex initiatives on time and within budget.
Qualifications
* Degree in Accounting, Finance, Business, Economics, or related discipline, and
* Postgraduate qualifications (e.g., MBA, CFA, CPA) would be highly desirable.
Why Join BT?
* BT, a part of the Westpac Group, is a trusted brand shaping the future of wealth management in Australia,
* Work in a collaborative, innovative environment with opportunities for growth,
* Competitive remuneration and other benefits being part of the broader Westpac Banking Corporation including:
* Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates!
* Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.
* Tailored learning and development opportunities to help your grow your career within the bank.
* Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives.

Create your future today

To get started, simply click on the APPLY or APPLY NOW button

We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community.

If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the \"People with Disability and/or needing Accessibility Requirements\" page on our website.

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