Senior Manager Collateral & Margining Operations

Create your best future and join Westpac as a Senior Manager, Collateral and Margining

What's the role?

Join a critical leadership team at the heart of Westpac's Financial Markets and Treasury Operations business. As Senior Manager, Collateral and Margining, you'll lead a team of specialists responsible for the end-to-end management of collateral and margining activities across OTC cleared and uncleared derivatives, variation and initial margin, repo collateral management, portfolio reconciliations and dispute resolution.

You'll provide strategic oversight of a complex and highly regulated function, ensuring strong risk management, operational excellence and a robust control environment. Working closely with Front Office, Treasury, Risk, Credit, Legal, Finance and Technology teams, you'll drive continuous improvement initiatives that simplify processes, strengthen controls, reduce operational risk and create scalable solutions to support future growth.

This is a permanent opportunity based in Sydney with hybrid working arrangements.

What do I need?

• Strong expertise in collateral management, OTC cleared and uncleared margining, variation margin (VM), initial margin (IM), repo collateral activity and portfolio reconciliation processes.
• Proven people leadership capability, with the ability to coach, develop and inspire high-performing teams across onshore and offshore environments.
• Deep understanding of operational risk, controls, dispute management, reconciliations and governance within a financial markets or treasury operations setting.
• Outstanding stakeholder management skills, with the ability to influence, challenge and collaborate across Front Office, Treasury, Risk, Legal, Finance, Technology and external counterparties.
• A track record of driving process improvement, automation and operational efficiency while building scalable, resilient operating models.

Why join us?

We’re obsessed with becoming our customers' #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return, we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:

• 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.