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Commonwealth Bank

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4.3
  • 1,000 - 50,000 employees

2021/22 CommBank IB&M Summer Intern Program & Global Markets Summer Analyst Program (Nov 2021)

Location details

Remote

Sydney

  • Australia

    Australia

    Remote work

    • New South Wales

Location

Sydney

Opportunity expired

Opportunity details

  • Opportunity typeInternship, Clerkship or Placement
  • Application open dateApply by 25 Jul 2021
  • Start dateStart date 21 Nov 2021

DO WORK THAT MATTERS

We're looking for people to join Institutional Banking & Markets for our Summer Intern Program, and for people to join our Global Markets Summer Analyst Program. These are two separate opportunities.

Institutional Banking & Markets Summer Intern Program

As part of the Institutional Banking & Markets (IB&M) Summer Intern Program, you'll have the exciting opportunity to work with major corporate, government clients and institutional investors. The team performs a critical role in providing products and services to stakeholders that make a significant impact on everyday life.
As a summer intern, you'll assist teams on high profile projects where you can help to build a better Australia. You could be involved in financial analysis, preparing pitch books, research projects, or dealing directly with clients.
The IB&M environment is fast paced and exciting. You don't need to be a finance student to fit in - we have a range of people in the business with engineering, law and arts backgrounds who are making significant contributions to the bank.

Global Markets Summer Analyst Program

Global Markets is a key division of IB&M and is responsible for the Trading & Sales activities in financial markets encompassing all Foreign Exchange, Commodities, Fixed Income and Interest Rate products. Our vision is to be the aspiration within Global Markets.
The Global Markets Summer Analyst Program is open to students who are already passionate about working in the Global Financial Markets. We're looking for a wide range of skillsets, including in Trading, Sales, Structuring, Systematic Markets, Research, Commodities, Quantitative Solutions, and Data Analytics.

WE INVEST IN YOUR FUTURE

The Summer Intern Program commences in late November, 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.

It 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 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 graduate initiatives, driving positive change across our organisation and improving the wellbeing of our intern cohort.

The Summer Analyst Program commences in early December and gives you a taste of what it's like to work with Australia's best bank. Your day-to-day tasks will vary depending on which desk you're placed in. For further information about what your day in the program looks like, please visit our website. From day one, you'll receive training, networking opportunities with industry professionals and you'll be paired with a buddy to ensure you're set up for success throughout the program.
Please note that this program may result in a direct hire role into Global Markets at the completion of your degree and will not form part of the group wide Graduate Program. Should you be successful, you may also be eligible for a part time opportunity for the duration of your final year of studies to keep you connected with the Global Markets team.

WHAT YOU NEED TO KNOW

  • You are an Australian citizen or Australian permanent reside at the time of your application (essential);
  • You are a New Zealand citizen already residing in Australia, and an Australian resident for tax purposes 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 touch point, 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.

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Citizen
Work light flag
Permanent resident

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.