Senior Relationship Associate - Property Finance

Westpacnz; Wellington; On-site; NZD 110,000 - 160,000; Full time

Benefits offered by this job

4 weeks holiday

Wellbeing leave

Parental leave

Volunteer days

Career growth

Job summary

Westpac NZ is seeking a Senior Relationship Associate to support a sophisticated property finance portfolio in Wellington. You will partner with Relationship Managers to deliver growth, manage risk, and provide market insight to drive customer outcomes.

The role extends beyond portfolio administration, involving detailed credit submissions, financial modelling, and active support for business development. A strong property finance background and excellent communication are essential.

Qualifications

• Sound experience within property finance, commercial banking, structured lending, or related disciplines.
• Strong understanding of NZ property market and industry participants.
• Proven credit assessment and financial analysis capability.
• Ability to assess complex lending structures and identify risks.

Responsibilities

• Act as a senior portfolio specialist supporting a complex property customers portfolio.
• Partner with Relationship Managers to deliver growth, retention, and risk outcomes.
• Lead preparation of high-quality credit submissions with complex lending structures.
• Undertake detailed financial modelling, feasibility assessment, and transaction analysis.
• Monitor portfolio risk, covenant performance, and market developments.

Skills

Property finance

Credit assessment

Relationship management

Financial analysis

Communication skills

Strategic thinking

Education

Finance / Property / Commerce / Economics degree

Job description

Senior Relationship Associate - Property Finance

Wellington

Full time, Permanent position

Mō te tūranga | About the Role

Westpac's Property Finance team partners with some of New Zealand's leading property investors, developers, and commercial property owners..

As a Senior Relationship Associate, you will be a trusted partner to Relationship Managers in the management and growth of a sophisticated property finance portfolio. You will bring deep property industry knowledge, strong commercial acumen, and advanced credit capability to support customer outcomes, portfolio performance, and business growth.

This role extends beyond portfolio administration and transaction execution. You will provide market intelligence, commercial insight, and strategic support to Relationship Managers, enabling them to maximise their time with customers and in-market opportunities while ensuring the portfolio remains well managed and positioned for growth.

You will play a critical role in identifying risks, uncovering opportunities, driving customer outcomes, and contributing to the overall success of the Property Finance team.

Key Responsibilities

• Act as a senior portfolio specialist supporting a complex portfolio of property customers.
• Partner closely with Relationship Managers to deliver growth, retention, and risk outcomes.
• Lead the preparation of high-quality credit submissions involving complex commercial lending structures.
• Undertake detailed financial modelling, feasibility assessment, and transaction analysis.
• Monitor portfolio risk, covenant performance, market developments, and customer activity.
• Identify emerging risks and recommend appropriate mitigation strategies.
• Conduct annual reviews and maintain high-quality portfolio management disciplines.
• Provide market insight and sector intelligence to support customer conversations and business development activities.
• Identify opportunities to deepen customer relationships and deliver additional banking solutions.
• Build trusted relationships with customers, professional advisers, valuers, and internal stakeholders.
• Support less experienced team members through coaching and knowledge sharing.
• Act as a key escalation point for complex customer and portfolio matters.

What You'll Bring

We're looking for a motivated and commercially minded professional with a genuine interest in the property sector and a passion for delivering great customer outcomes.

You will have:

• Sound experience within property finance, commercial banking, structured lending, commercial property, valuation, development, investment, corporate banking, or a related discipline.
• Strong understanding of the New Zealand property market and key industry participants.
• Proven credit assessment and financial analysis capability.
• Ability to assess complex lending structures and identify key transaction risks.
• Strong commercial judgement and problem-solving capability.
• Excellent written and verbal communication skills.
• Proven ability to influence stakeholders and contribute to strategic customer discussions.
• Strong relationship management capability and customer focus.

Preferred Qualifications

• 5+ years' experience within property finance, commercial banking, corporate banking, property investment, valuation, development, or a related field.
• Tertiary qualification in Finance, Property, Commerce, Economics, Accounting, or a related discipline.
• Advanced understanding of commercial lending structures, legal documentation, and property markets.

Working at Westpac

Immerse 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 and insurance discounts
• 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

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!

The people of Aotearoa,