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Commonwealth Bank

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4.2
  • #1 in Banking & financial services
  • 1,000 - 50,000 employees

Commonwealth Bank 2018-19 Institutional Banking & Markets Summer Intern Program

Opportunity expired

Opportunity details

  • Opportunity typeInternship
  • Application open dateApply by 5 Aug 2018

DO WORK THAT MATTERS

CommBank Institutional Banking & Markets (IB&M) division is competing directly with the largest investment banks in the world. We are CommBank's primary face to the market for all complex financing and advisory functions – for both corporate and major government clients. We advise on critical issues surrounding debt and equity capital markets, risk management and transactional banking. We service top tier corporate and government clients both here in Australia and overseas. Our purpose is to enhance our clients' success through market-leading capabilities and unique insights.

Our team is energised about what we do, what we've achieved and the momentum behind where we're headed, and we want you to join us on our journey!

SEE YOURSELF IN OUR SUMMER INTERN PROGRAM:

Our 10-week program starting on 26 November 2018, gives you a taste of what it's like to work with Australia's best bank. You'll have the opportunity to do real work that will allow you to put transferrable skills you've gained from your studies and passion into practice, whilst contributing to outcomes which positively impact our business and customers. During the program, you'll be given full support and training to help you decide if CommBank is the right fit for you.

Being part of Institutional Banking & Markets program could see you working across any of our business areas including Business Corporate Finance, Client Coverage Group, Global Markets and Strategy & Operations.
How this translates to what you do on a day to day basis is that you will be actively involved with financial analysis, financial modelling, preparation of pitch books, undertaking research projects, dealing directly with internal and external clients, and attending client and management meetings.

WHAT CAN YOU EXPECT AS A SUMMER INTERN?

  • Contribute from day one.
    You'll be given real work that impacts our business and our customers.
  • Receive training and development.
    You'll receive group-wide training and business area-specific training.
  • Support and networking opportunities.
    You'll have a buddy to support you and will build networks with your fellow interns and with managers from across CommBank.
  • Access to senior management.
    You'll have unique access to senior leaders.
  • Stability.
    You'll be working at Australia's largest bank - enjoy fantastic offices with the latest technical innovations.
  • Give back.
    You'll have chance to contribute to the community by participating in our community committee and other initiatives.

WE'RE INTERESTED IN HEARING FROM YOU IF:

  • You're an innovative and analytical thinker
  • Adaptable and agile in nature – no one day is the same in our programs
  • Digitally and technology savvy – we want you to leverage and champion our market leading technology platforms
  • Are an Australian or New Zealand permanent resident or citizen at the time of application (essential)
  • Are in your penultimate (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)
  • You have achieved at least a credit average across your university degree (essential)

HOW TO APPLY:

Applications are open from 16 July 2018 – 5 August 2018 (11.55pm AEST). 

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 focussing 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. 

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
    Engineering & Mathematics
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About the employer

Commonwealth Bank logo

Commonwealth Bank

Rating

4.2

Number of employees

1,000 - 50,000 employees

Industries

Accounting & Advisory

Start at the forefront. Explore your future with us.

Pros and cons of working at Commonwealth Bank

Pros

  • Great work-life balance, surrounded by brilliant people

  • It is a very big organisation and there are many opportunities outside your business area. There are secondment roles opportunities which give you a chance to try a role outside your speciality. The Graduate Program has provided excellent conferences all throughout the year which are very valuable for our professional development.

  • Great workplace culture with lots of career development. People are friendly and willing to help.

  • Flexible working arrangements Ability to move around to different teams Different initiatives that run in the bank, that you're able to join The number of networks you're able to make

  • A great place to work - there is flexible work culture, we are strongly focused on helping our community, plus the pay is good too :)

Cons

    • Fairly strict graduate rotation policy, not full freedom of where we can rotate

    • Large company so at times it can be very difficult to get what you need quickly and hard to deliver projects unless you know the right people.

    • Red tape, things can sometimes move slowly Lots of meetings, some unnecessary

    • Remuneration compared to the market.

    • The legacy tech that slows down development can sometimes be frustrating/require workarounds.