Senior Manager Open Finance

Mō te tūranga | About the Role

• Lead Westpac New Zealand's Open Finance domain, industry participation and ecosystem engagement.
• Own Westpac's strategic position, industry standards, participation obligations and operating frameworks for Open Finance, ensuring services remain effective, resilient, compliant and aligned to evolving customer, industry and regulatory needs.
• Represent Westpac in industry and regulatory forums, shaping the future direction of Open Finance, data sharing and associated ecosystem frameworks while fostering strong relationships across regulators, industry bodies, standards organisations, fintechs and ecosystem participants.

• Act as the business owner for Westpac New Zealand's Open Finance rails, standards, obligations and ecosystem frameworks, ensuring they remain effective, resilient, compliant and fit for purpose.
• Develop and maintain Westpac's strategic position on Open Finance, data sharing, industry standards and ecosystem developments.
• Represent Westpac in industry forums, working groups and stakeholder engagements with regulators, industry bodies, standards organisations, fintechs and ecosystem participants, influencing the development of relevant rules, standards and operating frameworks while building strong relationships.
• Lead the assessment and translation of industry, regulatory and standards change into business impacts, strategic recommendations and implementation requirements.
• Coordinate enterprise-wide responses to regulatory consultations, discussion papers, policy proposals and industry submissions, ensuring a clear and aligned Westpac position.
• Lead governance, risk and oversight activities associated with Open Finance and industry participation obligations, ensuring commitments, certification requirements and regulatory obligations are understood and met across the organisation.
• Manage ecosystem relationships with fintechs, accredited third parties and participants to support effective industry engagement and participation.
• Monitor industry developments, standards evolution and ecosystem trends, providing insights and innovation recommendations to stakeholders and senior leaders.
• Partner with Product, Digital, Technology, Risk, Operations and other business units to support the effective operation and evolution of Open Finance capabilities.

Nā tāu rourou | What will you bring?

• Experience in Open Finance, payments, banking, financial services or a related industry.
• Strong understanding of Open Finance frameworks, API ecosystems and associated regulated obligations.
• Demonstrated experience engaging with regulators, industry bodies, standards organisations, working groups and external stakeholders
• Experience shaping organisational positions on industry change, regulatory reform, standards development, consultations or policy initiatives.
• Strong stakeholder management and influencing skills, with the ability to build alignment across business, technology, risk, legal and compliance functions.
• Strong strategic thinking and analytical capability, with the ability to assess industry developments and translate them into business impacts, recommendations and actions.
• Excellent written and verbal communication skills, including experience preparing executive papers, consultation responses, submissions and briefing materials.

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 neurodivergent, 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

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