Senior Associate

Senior Associate / Associate Director, Project Finance

Full time, Permanent Role

Based in Britomart, Auckland

At Westpac New Zealand, our purpose is to help New Zealanders succeed by igniting financial possibilities for our customers, our communities, and for the whole country. Our Project Finance team manages the debt requirements for Westpac’s Corporate and Institutional project finance customers, including NZ, Australian and global infrastructure investors, NZ central and local government agencies and a range of corporate and institutional companies utilising a range of loan products.

Mō te Tūranga | About the Role

Reporting to the Head of Project Finance, you will work with the Westpac Institutional Bank and Corporate teams on the financing of a wide range of projects including renewable energy, PPPs, and structured transactions. The role will include:
- Maintaining and cultivating relationships with infrastructure investors local/central government agencies, and advisors- Assisting with the origination, structuring and execution of project finance transactions- Assisting with the preparation of credit submissions and terms sheets and documenting facilities in conjunction with internal and external legal counsel- Financial modelling- Preparing or revising terms sheets, recommending pricing, negotiating terms with clients and their advisors, documenting facilities in conjunction with internal and external legal counsel.

You will work closely with the Director - Project Finance, Relationship Managers, Credit Analysts and product specialists and will have responsibility for drafting credit submissions for project finance transactions. Activity will encompass RFP responses, refinancings or restructurings, extensions, new to bank transactions, new loan product opportunities, transactions referred from the wider WBC network offshore. Whilst Project Finance will be your core activity you will also have product coverage responsibilities across a range of infrastructure based clients, you will also be required to maintain market relationships with corporate finance advisors, debt advisors, legal firms and other market participants..

Na tōu rourou | What will you bring?- You will need to be a self-motivated team player, possessing strong initiative, drive and customer service values with at least 5 years banking experience in a sales and marketing, legal, credit analysis or related product role.- You must have a strong understanding of all forms of corporate debt and should be close to the market with regards to evolution of structures and pricing implications.- While debt capital markets, securitisation, and asset finance product is managed through other specialist teams, you should also have a strong understanding of those products to assist with cross sell opportunities. Strong knowledge of banking and finance industry- Deep understanding of project finance loan structures and documentation for project finance and corporate & institutional banking- Excellent credit skills- Understanding of project documentation i.e: construction contracts, O&M contracts and power purchase agreements- Strong financial modelling skills- Understanding of return requirements and drivers of return on equity from Loan product- Team based focus- High customer service values and professional approach- Ability to work under pressure to deadlines

Westpac Hei Wāhi Mahi | Working at Westpac

In addition to immersing yourself in a supportive team environment, you'll receive some great job perks and benefits including:
- 4 weeks standard holiday + 5 additional days of wellbeing leave to support you to be your best- Additional purchased leave options up to 4 weeks per year- Banking benefits, insurance discounts and superannuation scheme- Growth and development - we provide opportunities for development and promote internal mobility- Recognition - we recognise and reward our star performers- School holiday subsidy - help you balance work and family during school holiday- 2 Volunteer days per year

Ko mātou tēnei | Our Organisation

At Westpac, we’re working together to build a fairer and stronger New Zealand for our people, customers, and communities. For over 160 years we’ve been driven by our purpose to Create Better Futures Together.

What makes us unique are the incredible people we’re lucky enough to have walk through our doors every day. The giant ‘W’ on our building doesn’t just stand for Westpac - it says, double you. We’re a place that values, rewards and recognises individuality. Where you can be your whole self, your true self, and your best self. We’re recognised as a place where talent is developed, where passions are fuelled and where ambitions of all shapes and sizes thrive. And it all starts with you

The people of Aotearoa, New Zealand hail from many cultures and backgrounds. At Westpac New Zealand, we draw on this enormous talent pool to cultivate a team rich in ability and empowered to reach