At a Glance
- Tasks: Manage credit risk for corporate and institutional clients across diverse sectors.
- Company: Westpac, Australia's oldest bank with a global presence.
- Benefits: Comprehensive health benefits, professional development, and career growth opportunities.
- Other info: Join a friendly team focused on creating better futures together.
- Why this job: Influence credit decisions and work on complex transactions in an international team.
- Qualifications: 5-7 years in credit analysis or risk management; strong analytical and communication skills.
The predicted salary is between 60000 - 80000 £ per year.
- Description
- Role Title
- Credit Officer, Europe & Americas
- Location
- London
- About Westpac
Australia’s oldest bank and one of the four major banking organisations in the country.
Through Westpac Institutional Bank, we support corporate, institutional and government clients globally with specialist expertise across banking, markets and capital markets services.
Our London office is a key international hub, working closely with teams across Australia, Asia, Europe and the Americas.
The business plays an important role in supporting cross border funding, investor access, and international capital markets activity for clients in the UK, Europe, and Australia.
How will I help
As a Credit Officer, you will be responsible for the approval, management and ongoing oversight of credit risk across a portfolio of corporate and institutional clients.
Your portfolio may include clients across Energy, Infrastructure & Resources (EIR), Consumer & Industrials (C&I) and Fund Finance.
You will work closely with front office teams to support responsible business growth, ensuring transactions are structured within risk appetite while delivering appropriate risk adjusted returns.
This role provides the opportunity to influence credit decisions across a diverse range of sectors and products, including lending, trade finance, commodities, transition finance and financial markets activities.
- Key Accountabilities
- Assess, approve and manage credit risk exposures within delegated authority, or provide recommendations for approval to higher authorities where required.
- Maintain ongoing oversight of a portfolio of corporate and institutional clients, including identification, escalation and management of emerging credit risks.
- Partner with coverage and product teams to support business growth while ensuring adherence to risk appetite and policy requirements.
- Exercise sound judgement in the analysis of transactions, industries and counterparties to support informed credit decisions.
- Work closely with Dealing Room Credit Officers to ensure financial markets activity remains within approved risk parameters.
- Contribute to a strong risk culture through constructive challenge, collaboration and disciplined decision making.
- Support internal governance forums, credit reporting and portfolio reviews.
- Contribute to the ongoing enhancement of credit practices, policies and processes.
- What’s in it for me
You will join a collaborative and supportive international team during a period of continued growth for Westpac Institutional Bank's international business.
The role offers exposure to a diverse portfolio of corporate and institutional clients across Europe and the Americas, providing opportunities to work on complex transactions across multiple sectors and products.
You will partner with senior stakeholders across the business and gain broad exposure to international markets, credit risk management and strategic client relationships.
Westpac provides a comprehensive range of health, wellbeing, lifestyle and financial benefits, alongside opportunities for ongoing professional development and career growth.
What do I need?
- At least 5 to 7 years' experience in credit analysis, credit risk management or credit approval within a banking or financial services environment.
- Previous delegated credit approval authority or experience supporting credit recommendations is desirable.
- Experience analysing corporate, infrastructure, energy, natural resources, fund finance or other institutional banking clients.
- Understanding of lending, trade finance, financial markets products and broader institutional banking activities.
- Strong commercial judgement with the ability to balance risk and return objectives.
- Strong analytical skills and the ability to assess complex credit structures and transactions.
- Working knowledge of legal and transaction documentation, including term sheets, facility agreements, ISDAs and other relevant credit documentation.
- Excellent communication, stakeholder management and influencing skills.
- Relevant tertiary qualifications in business, finance, economics or a related discipline.
What’s it like to work here?
- When you join, you’ll become part of the broader Westpac 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.
Within Westpac, 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.
Credit Officer, Europe & Americas in London employer: Westpac Group
Westpac is an excellent employer, offering a collaborative and supportive work environment in its London office, a key international hub for banking. Employees benefit from exposure to a diverse portfolio of corporate and institutional clients, along with comprehensive health, wellbeing, and professional development opportunities. The company fosters a strong risk culture and encourages career growth, making it an attractive place for those seeking meaningful and rewarding employment in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Officer, Europe & Americas in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Westpac Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Officer, Europe & Americas in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Westpac Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Westpac Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Westpac Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Westpac Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Westpac Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Westpac Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
