Commercial Product Manager Lead – Commodities Derivatives Release Train

Westpac; Sydney; Hybrid; AUD 170,000 - 210,000; Full time

Benefits offered by this job

Flexible work arrangements

Culture, Lifestyle and Wellbeing leave

Job summary

Westpac in Sydney seeks a Commercial Product Manager Lead to govern and coordinate the Commodities Derivatives Release Train, aligning multiple products, squads and stakeholders to a single view of priorities, risks and readiness.

You will drive governance, push for automation and AI-enabled processes while maintaining robust risk controls. The role offers flexible working arrangements in a permanent Sydney-based position.

Qualifications

• Experience in product management, governance, risk, controls or change leadership.
• Experience in Financial Markets or regulated environments preferred.
• Ability to influence senior stakeholders and balance growth with governance.

Responsibilities

• Own commercial governance and coordination of the Commodities Derivatives Release Train.
• Consolidate information from multiple products, delivery squads and stakeholders to create a clear, integrated view of priorities, risks and release readiness.
• Identify gaps, manage dependencies, coordinate governance obligations and navigate complex approval pathways.
• Lead initiatives to simplify processes, reduce manual effort and introduce more digital, rules-based and AI-enabled ways of working.

Skills

Product management

Governance

Stakeholder management

Risk management

Transformation

AI-enabled governance

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?

You’ll be a commercially minded leader who can bring structure to complexity, influence senior stakeholders and balance business growth with strong governance and risk outcomes. You’ll have:

• 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, elevate issues appropriately 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?

We’re obsessed with becoming our customers' #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return, we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:

• 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.