Commercial Product Manager Lead – Commodities Derivatives Release Train

Westpac Group; Sydney; Hybrid; AUD 180,000 - 280,000; Full time

Benefits offered by this job

Employee mortgage rates

Flexible work arrangements

Learning & development programs

Community volunteering opportunities

Job summary

Westpac Group is seeking a Commercial Product Manager Lead to govern the Commodities Derivatives Release Train and coordinate information from multiple products and delivery squads to enable clear, integrated prioritisation and release readiness.

The role focuses on governance, risk management, and commercial decision-making in a regulated environment, with opportunity to modernise processes through digital and AI-enabled approaches. Based in Sydney with flexible work, this is a permanent role.

Qualifications

• Strong experience in product management, governance and risk controls.
• Ability to coordinate across multiple stakeholders and delivery squads.
• Experience transforming governance processes and workflows.
• Commercial acumen with regulated environments.

Responsibilities

• Own the Commodities Derivatives Release Train governance and priorities.
• Coordinate cross-functional teams to ensure release readiness and risk management.
• Identify gaps, dependencies and ensure balanced commercial decision-making.
• Lead initiatives to simplify processes with digital, rules-based approaches.

Skills

Product management

Governance

Risk management

Stakeholder influence

Transformation

Job description

Create your best future and join Westpac as a Commercial Product Manager Lead - Commodities Derivatives Release Train

What's the role?

As a Commercial Product Manager Lead, you'll play a critical role in helping Westpac bring complex commodities derivatives products and enhancements to market safely, efficiently and with strong governance at every stage. You'll own the commercial governance and coordination of the Commodities Derivatives Release Train, bringing together information from multiple products, delivery squads and stakeholders to create a clear, integrated view of priorities, risks, controls and release readiness.

You’ll work across Product, Trading, Treasury, Risk, Compliance, Legal, Finance, Operations and Technology, ensuring decision-makers have the information they need to make informed and balanced commercial decisions. Acting as a trusted advisor and challenge partner, you’ll identify gaps, manage dependencies, coordinate governance obligations and help teams navigate complex approval pathways.

This role also offers a unique opportunity to modernise how governance is delivered. You'll lead initiatives to simplify processes, reduce manual effort and introduce more digital, rules-based and AI-enabled ways of working, helping improve transparency, consistency and speed while maintaining robust risk and control standards. This is a permanent role based in Sydney with flexible working arrangements available.

What do I need?

• Strong experience in product management, governance, risk, controls, transformation or change leadership, with the ability to bring together information from multiple stakeholders and create a clear, integrated view of priorities, risks, dependencies and delivery outcomes.
• Experience working within Financial Markets, institutional banking, trading, commodities, treasury or another complex and highly regulated environment will be highly regarded, although we're also open to candidates from broader product, risk, governance or transformation backgrounds who can bring fresh perspectives and strong commercial acumen.
• Proven ability to build credibility and influence across senior stakeholders, including Product, Trading, Treasury, Risk, Compliance, Operations and Technology teams, while providing constructive challenge and navigating complex decisions with confidence and professionalism.
• A solid understanding of governance frameworks, control environments, risk management and operational readiness, with the judgement to identify gaps, escal... and support balanced commercial decision-making in a regulated environment.
• Curiosity for emerging technology, automation and AI, combined with the ability to work effectively alongside technology, data and engineering teams to design solutions that improve governance and decision-making. You don't need to be a technical specialist, but you'll be comfortable bridging the gap between business requirements and technology outcomes.

Why join us?

• Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates!
• Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.
• Tailored learning and development opportunities to help you grow your career within the bank.
• Lots of opportunities to give back to the Community by getting involved in our many volunteering initiatives.

Create your future today

We're all about creating a supportive and inclusive community. We welcome everyone - no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community.

If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the "People with Disability and/or needing Accessibility Requirements" page on our website.

We may close this job advertisement earlier than the advertised closing date if suitable candidates are identified. We encourage you to apply as soon as possible.