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Commonwealth Bank

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4.3
  • 1,000 - 50,000 employees

2020-2021 Business Banking Summer Intern Program

Opportunity expired

Opportunity details

  • Opportunity typeInternship, Clerkship or Placement
  • Application open dateApply by 3 Aug 2020

DO WORK THAT MATTERS

We're looking for people to join Business Banking in areas such as:

  • Small Business & Corporate Banking
  • CommSec
  • Business Customer Solutions & Strategy
  • Risk (Controls Office)
  • Regional & Agribusiness Banking

Small Business & Corporate Banking

Brisbane, Sydney, Melbourne, Adelaide, Perth

Small Business & Corporate Banking comprises of the following streams: Small Business Banking and Business Corporate Banking (BCB). We work with customers from a diverse range of industries and backgrounds whose sizes are either small to middle size businesses to large corporates with a turnover of >$10m.

This unique opportunity allows you to work alongside our customers to address their complex financial needs.

Our customers are at the core of what we do! So bringing your exceptional interpersonal and communication skills to work is essential. You'll be an innovative thinker, finding the best solutions for our clients. We're looking for people to leverage their experience in customer service to build strong relationships with clients to help them grow, improve and safeguard their financial wellbeing!

You don't need to be a finance wiz to excel in our business – you'll join the program with essential soft skills and we'll teach you all the technical parts on the job.

CommSec

Sydney

CommSec's core purpose is to help 'Australians invest with confidence'. So joining Australia's leading trading platform allows your work to have a significant impact on our 1.1 million CommSec customers.

Did you know that the teams in CommSec are more than just traders? You can see yourself joining teams digital, product, analytics and customer experience. So we're looking for grads that come from all different disciplines – not just Finance.

We're looking for people that are innovative to further enhance our products to allow us to maintain our market leader status in the industry, a critical thinking mindset to ensure that our processes are simplified to provide meaningful impact on customers, and analytical to interpret data and provide insightful recommendations to the business.

Business Customer Solutions & Strategy

Sydney

Our Business Customer Solutions (BCS) team supports the full spectrum of customers' needs from the smallest businesses to the largest corporates. BCS plays an integral role in managing the end-to-end business customer experience as well has having accountability for cash management, payments and business lending. Some teams you may see yourself working in include products, analytics and the customer experience team – just to name a few.

Within Strategy, you would be responsible for managing Business Banking's (BB) strategic agenda and delivering thought leadership and partnering with the business to identify key growth opportunities. This is a true strategy role that will utilise your strong analytical skills to define, structure and scope problem statements, independently conduct effective research and provide your valuable insights and data interpretation to present your recommendations.

We are looking for people who are inquisitive, solutions-focused and have a strong focus on customer-centricity. You will use these skill sets to partner with the business to ensure that we can drive BB into the future as well as generating great outcomes for our customers.

Having a keen interest in Business Banking and our customers is essential.

Risk (Controls Office)

Sydney

Within Risk, you will play a key role across Business Banking (BB) in enabling effective management of non-financial risks to support the fulfilment of the BB strategy. You will effectively review, test, manage and monitor BB's processes, controls and internal/external changes in the business environment. By doing so, will ensure that risks are identified, addressed and mitigated to achieve optimal outcomes for BB and our customers.

We are looking for people who have commercial acumen and a customer/stakeholder focus to build credibility as a trusted partner. You'll be analytical to view broad data sets and provide valuable insights and apply judgement to determine solutions. You'll also bring through exceptional communication skills to concisely present key messages and influence to reach positive outcomes for our business and customers.

Regional & Agribusiness Banking

Darwin, Ballarat, Sydney, Melbourne, Brisbane, Toowoomba, Townsville

We can turn your passion for rural and regional Australia into a career helping customers with their financial needs. Regional and Agribusiness Banking provides a comprehensive range of financial services to over 30,000 clients, located in regional and rural Australia. We develop strong relationships with our clients to get a real understanding of their business financial needs, and then implement the best strategies for each clients' unique situation.

Regional and Agribusiness clients span from large agricultural companies to local rural businesses and farmers. So we're looking for people that are truly passionate about living and working in regional and rural communities. Our customers are at the core of what we do! So bringing your exceptional interpersonal and communication skills to work is essential.

As a Summer Intern you will have the unique opportunity to attend joint visitations across our diverse client base so interpersonal skills to build meaningful relationships with a diverse client base is essential.

WE INVEST IN YOUR FUTURE

The program commences on the 23 November 2020, where you'll join as a full-time employee over the summer. Here you'll get a taste of what it's like working at CommBank through formal learning events and workplace-based experiential learning, to help you decide if we're the right fit for you.

The program centres around 4 key elements:

  • Shine: Contribute from day one by working on real projects that impact our business and our customers, within Australia's largest bank.
  • Develop: Participate in market-leading training to develop your technical and soft skills. This will help with the transition to full-time work from university over the summer, and ensure you excel in your immediate and future roles.
  • Network: Build networks and friendships through unparalleled access to senior leaders, project leads and program sponsors, enhancing your personal and business profile.
  • Contribute: Give back to the community through intern initiatives, driving positive change across our organisation and improving the wellbeing of our intern cohort.

WHAT YOU NEED TO KNOW

  • You are an Australian/New Zealand citizen or Australian permanent resident at the time of your application (essential);
  • In your penultimate year (second last year) of your university degree, or if you are doing a double degree, you must be in your penultimate year of your overall studies (essential); and
  • Achieving at least a credit average across your university degree (essential).

At CommBank, we're committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value's driven organisation, we nurture and support our people; through focusing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touchpoint, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities. At CommBank you can be you.

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Study fields
    Business & Management
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Reviews

user
Graduate
Sydney
5 months ago

Client meetings, speaking with the frontline team regarding client files, administrative work

user
Graduate
Melbourne
5 months ago

It will vary depending upon what department/business unit you are in. However in my circumstance I am an Graduate/Analyst; my daily task involve morning emails, attending to applications and strategy papers, lots of meetings, some longer one rife with information or short ones to provide updates. Then after a lunch with the team it is back into credit writing. Then finishing off the day with emails. There is always time for a coffee run with the team and some good quality banter.

user
Graduate
Sydney
5 months ago

My role involves balancing business and customer needs in innovative and strategic ways. Day to day, I work on projects that involve uplifting certain aspects of the CBA App. I also work towards my graduate development goals to ensure I make the most out of this experience.

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About the employer

CBA Alpha 1 Primary Beacon RGB 50px@3x.jpg

Commonwealth Bank

Rating

4.3

Number of employees

1,000 - 50,000 employees

Industries

Banking & Financial Services

A brighter beginning for your career.

Pros and cons of working at Commonwealth Bank

Pros

  • Work-life balance and culture.

  • The vast amount of opportunities in the field of technology can help you upskill and keep motivated.

  • The people at CBA are extremely welcoming and talented.

  • Flexible working style and arrangements.

  • Clear investment in the technology area. This supports graduates in this area significantly.

Cons

    • As the company has the head office in Sydney, most of the teams are located there. If you are based in other cities, you may not have anyone in your team around you.

    • There is a level of competitiveness I find specifically in the Grad program cohort.

    • Limited career progression.

    • The over-importance of networking. You may not get as far as being 100% your authentic self.

    • With CBA being such a large organization, it can sometimes be difficult to navigate the ecosystem and find the right person who can help.