Head of Funding

In this role you will lead and coordinate Latitude’s funding programmes including, structuring securitisations, debt financing, managing relationships in debt markets, rating agencies, and legal counsel both in Australia and internationally.

The role will require the applicant to have a detailed working knowledge of securitisation structures globally, understand and interpret funding documents and set up new trust structures as required.

You will be commercially focussed, a domain expert in funding, own key relationships both internally and externally and play an important leadership role at Latitude.

Responsibilities:

• Maintenance of existing securitisation programmes:
  • ensuring compliance with reporting requirements and validating trust and investor reports
  • scheduling audits
  • primary contact with funding banks and investors
• Lead all short to long-term funding planning and strategy
• Structuring and management of new funding deals:
  • leading deal structuring with lawyers, banks/JLM’s, investors and rating agencies
  • compiling and sign off of investor materials, transaction legal docs and transaction modelling
  • arranging for rating agency, back up servicer and any bank due diligence
  • lead deal marketing activities with the Group Treasurer including roadshows as required
• Lead corporate unsecured debt programme issuances
• Provide support to M&A activities, leading the arrangement of any required funding facilities
• Lead initial and annual due diligence reviews for financiers and rating agencies
• Assist in the management of regulatory, rating agency and investor relations agendas across all funding structures
• Assist in planning processes to forecast cost of funds, debt outstanding and contingent liquidity (headroom in facilities)
• Attendance at investor roadshows, key securitisation conferences and networking events
• Ownership of management of all operational risks as they relating to funding and liquidity, and leadership in interest rate risk.
• Leadership and training of a team of two direct reports consisting of senior funding manager and analyst.
• Leadership and training of all other treasury team members.
• Support communication with key stakeholders; attend committees and Boards as required.
• Develop and maintain strong internal stakeholder relationships.
• Develop and maintain strong banking relationships where you will work with and co-own these relationships with the Group Treasurer.

What you’ll bring: 

• Degree qualified with a finance degree and/or post-degree finance qualification
• Minimum 10 years + experience in either banking and/or treasury roles
• Significant exposure to capital markets and funding
• Strong structuring experience
• In depth experience and knowledge of asset backed securitisations (ABS). Implemented and brought to market ABS transactions
• Strong working relationships and a well-developed network with key lenders, investors, lawyers and rating agencies
• Demonstrated experience in corporate financial management, particularly as a tool to drive growth
• Extensive business and industry knowledge with recent experience in similar sized / complex organisation
• Ability to influence and work at all levels
• Solid understanding of Retail and Commercial banking products ideally in a Treasury environment

Attributes

Essential

• Customer First - prioritise delivery to your customers – ensuring they have the information they need to make good decisions.
• Excellent communication and influencing skills.  Ability to simplify complex financial information, distil key messages and focus on the most important issues.
• Resilience – ability to adapt in a rapidly changing environment, possess the tenacity to overcome obstacles & solve problems.
• Strong commercial acumen – a proven ability to influence results, and focus on the best commercial outcome for Latitude.
• Challenges the status quo – ability to drive continuous improvement and simplification.
• Leadership and developing of treasury team members.

Sometimes the best candidates don’t have 100% of what is listed above, but if you have most and are confident, you’d be a good fit, we’d love to hear from you!

Sound like you? That's a good sign! In return for your energy and ideas, we offer a flexible working environment and great compensation. We always support a safe, healthy, engaging, and productive working environment for all employees and workers, whether that be in your home and office, or a combination of both.

We're Latitude, partners in money Latitude may seem like the new kid on the block, but it's taken us almost a hundred years to become an overnight success. Digital payments, cards, loans are what we offer - but what we really are is a platform that helps people shop and live better. Always living and breathing our values. Take ownership, Win together, Pursue excellence, and Create tomorrow

Successful applicants will be required to complete a background check (including criminal history and bankruptcy check) prior to commencement of employment. Only open to Australian or New Zealand Permanent Residents or Citizens.