Mō te tūranga | About the Role
We are looking for an experienced Senior Treasury Finance Analyst – Product Control to play a critical role within our Treasury Finance function. This is a senior technical position with strong exposure across Product Control, hedge accounting, valuation control and Treasury systems, partnering closely with Front Office, Risk, Finance and Group stakeholders.
If you thrive on understanding complex financial instruments, enjoy explaining “why the numbers move”, and want to influence how Treasury Finance operates at scale, this role offers breadth, depth and visibility.
As a senior subject matter expert, you’ll be responsible for delivering high quality Treasury financial control and insight, including:
Ownership and oversight of daily and month end P&L production, independent price verification (IPV), valuation adjustments and exception management
Detailed mark to market (MtM) movement analysis, clearly attributing results to market drivers, new activity and balance sheet changes
Leading IFRS 9 hedge accounting, including designation, effectiveness testing, rebalancing and ineffectiveness measurement
Ensuring strong valuation, data and systems controls across Treasury platforms and the general ledger
Oversight of month end Product Control processes, including reconciliations, journals, trade substantiation and fair value hierarchy governance
Providing insightful commentary to senior Finance and Treasury stakeholders, including ALCO related forums
Supporting Treasury regulatory reporting, securitisation accounting and external disclosures
Acting as a key liaison with Technology and Finance Systems to improve automation, data quality and control frameworks
Contributing to Treasury Finance strategic initiatives and system change programmes
You’ll also engage with external auditors and, where required, regulatory stakeholders.
Nā tāu rourou | What will you bring?
A degree in Finance, Commerce, Accounting or a related discipline (CA, CPA, CFA or FRM preferred)
5–8+ years’ experience in Treasury Finance, Product Control or a similar financial markets environment
Strong technical knowledge of IFRS 9 hedge accounting, financial instrument valuation and Treasury products
Proven experience in P&L attribution, valuation control and balance sheet analysis
Solid understanding of financial markets, including interest rate risk, liquidity management, derivatives and funding instruments
Experience working with Treasury systems (e.g. Murex and Calypso) and Oracle or similar general ledgers
Advanced Excel and strong analytical capability
Confidence communicating complex valuation and accounting concepts to senior stakeholders
A curious mindset and genuine interest in understanding underlying drivers
Strong ownership, accountability and attention to detail
Ability to operate calmly in a fast-paced, deadline driven environment
Excellent relationship building skills across Finance, Treasury and Risk
A collaborative, pragmatic and improvement focused approach
Westpac Hei Wāhi Mahi | Working at Westpac
Immersing yourself in a supportive team environment, and receive some of the best banking, and lifestyle benefits in the market along with:
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
Career growth – we promote internal capability; we have programmes that recognise star performers
Generous parental leave – and top up government paid parental leave
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!
Tono mai ināianei! | Apply Now!
Apply today with your CV and Cover Letter.
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 its full potential. Our aim is to be brave challengers, celebrating our differences and relentlessly advocating for our customers. It starts with us – we believe that when we care deeply and do our best for our people, they’ll do their best for our customers. We encourage people from all walks of life to apply, including those who are neurodiverse, have chronic health conditions or disabilities – your attitude and passion are as important to us as your experience, qualifications and capabilities.
Mahi tahi tātou, kaha ake tātou | Together Greater
Applications close:
8 March 2026
