What are the responsibilities and job description for the Associate Director, Project Finance position at Westpac Institutional Bank?
Job Description
Role Title: Associate Director, Project Finance, Debt Products, CIB (New York)
(**advertisement closing date 7 th February 2025**)
Role location: New York
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 (WIB). We are a leading provider of wholesale banking services in the area, with an increasing presence in Europe & America.
How will I help?
The role located in New York offers the opportunity to continue this leadership in new markets and support CIBs growth aspirations internationally. It presents an exciting opportunity to build and grow the Project Finance, the Energy, Infrastructure and Resources (EIR) business and broader CIB/WIB business across the UK, Europe and North America, working with a team of professionals initially located in the UK and the USA with planned future team expansions into Europe.
Reporting to a Director, Project Finance, as an Associate Director, you will be a part of the Project Finance team, which supports the origination and execution of Infrastructure & Utilities and Project Finance transactions.
You will support the origination and execution of complex debt transactions by evaluating the credit quality of complex debt transactions across multiples sectors including the Power & Renewables, Infrastructure sectors.
The person will be a key member of the Project Finance business ensuring excellence in product delivery, effective utilization of systems and risk analysis, resulting in customer satisfaction and sustainable profitability. This is a proactive role in ascertaining the credit quality of complex debt transactions and working collaboratively across WIB including working closely with EIR and FM on new to bank debt opportunities.
Additional accountabilities include:
You’ll be joining a highly supportive and collaborative team with international coverage during a period of exciting growth within the international business.
You will have access to a comprehensive range of Westpac benefits including flexibility and various leave entitlements. Fixed compensation range for this position is between $160,000 USD – $220,000 USD depending on experience bonus and benefits.
What do I need?
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 the APPLY button.
As part of our commitment to creating a diverse and inclusive workplace, this role is open to experienced candidates seeking a discussion around workplace flexibility. We invite candidates of all ages, people with a disability and Indigenous Australians to apply.
Role Title: Associate Director, Project Finance, Debt Products, CIB (New York)
(**advertisement closing date 7 th February 2025**)
Role location: New York
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 (WIB). We are a leading provider of wholesale banking services in the area, with an increasing presence in Europe & America.
How will I help?
The role located in New York offers the opportunity to continue this leadership in new markets and support CIBs growth aspirations internationally. It presents an exciting opportunity to build and grow the Project Finance, the Energy, Infrastructure and Resources (EIR) business and broader CIB/WIB business across the UK, Europe and North America, working with a team of professionals initially located in the UK and the USA with planned future team expansions into Europe.
Reporting to a Director, Project Finance, as an Associate Director, you will be a part of the Project Finance team, which supports the origination and execution of Infrastructure & Utilities and Project Finance transactions.
You will support the origination and execution of complex debt transactions by evaluating the credit quality of complex debt transactions across multiples sectors including the Power & Renewables, Infrastructure sectors.
The person will be a key member of the Project Finance business ensuring excellence in product delivery, effective utilization of systems and risk analysis, resulting in customer satisfaction and sustainable profitability. This is a proactive role in ascertaining the credit quality of complex debt transactions and working collaboratively across WIB including working closely with EIR and FM on new to bank debt opportunities.
Additional accountabilities include:
- As a developing leader, you will have a focus on originating and executing new opportunities for WIB.
- Capabilities in originating, structuring, negotiating and documenting complex debt solutions.
- Analyse transactions to meet financial goals within agreed customer, sector and country risk appetite.
- Completion of credit risk analysis, pitches and research projects for transactions on time and to quality standards including financial modelling, risk analysis and structure in partnership with relationship, syndications, agency and risk teams.
- Sector reporting for the team.
- Develop relationships with internal and external stakeholders, including:
- Proactive involvement in the credit decision processes
- Actively participates in customer account planning process
- Independently works with customers to assess credit risk
- Undertakes post deal reviews both external & internal
- Actively engages target customers & Risk to ensure policies and procedures are compliant.
You’ll be joining a highly supportive and collaborative team with international coverage during a period of exciting growth within the international business.
You will have access to a comprehensive range of Westpac benefits including flexibility and various leave entitlements. Fixed compensation range for this position is between $160,000 USD – $220,000 USD depending on experience bonus and benefits.
What do I need?
- Strong experience in Project Finance or another related tax, finance and/or structured credit roles.
- Experience across one or more of the following sectors would be preferable: infrastructure, utilities, renewable energy and power.
- Robust credit structuring and communication skills.
- Self-motivated team player, possess strong initiative, drive and customer service values.
- Strong analytical skills combined with an understanding of key business drivers.
- Strong cash flow modelling and credit writing skills.
- Demonstrate knowledge and understanding of customer and investor markets.
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 the APPLY button.
As part of our commitment to creating a diverse and inclusive workplace, this role is open to experienced candidates seeking a discussion around workplace flexibility. We invite candidates of all ages, people with a disability and Indigenous Australians to apply.
Salary : $160,000 - $220,000
