Position Description - Stepping Into Program Position Title

Commonwealth Bank – CBA Intern

Location

Sydney

Position Duration

26 November 2018 – 8 February 2019

Position Overview

The Commonwealth Bank Group is Australia’s leading provider of integrated financial services, and our vision is to excel at securing and enhancing the financial wellbeing of people, businesses and communities.

CommBank is looking for students to complete work placements from a wide range of disciplines who are passionate about developing their skills, taking hold of opportunities and meeting the needs of our customers. Our 10-week program gives you a taste of what it’s like to work with Australia’s best bank. You’ll be given full support and training to help you decide if CommBank is the right fit for you.

If you have a passion for making a difference, whether it be for retail customers, small businesses or large institutional clients, we can offer exciting, challenging and rewarding ways to kick-start your career.

We’re looking for energetic, motivated students who are keen to learn and challenge themselves. Some areas of the bank you could work in are as follows:

Business & Private Banking: working with clients having complex financial needs, you will work with our Analyst/Senior Analysts or Relationship Executives on solutions for our small-medium enterprise clients, corporate clients, or our regional and agribusiness clients.

Risk Management: a critical support function in the business. Risk Management works to develop strategies and risk frameworks that allow the Group to take conscious, Board-approved exposures to credit, market, operational, compliance and insurance risks. You will be provided with an opportunity to work in one of the exposure areas to help the team identify, assess and report risks to achieve optimal return outcomes for the Group.

Institutional Banking & Markets: services top tier corporate and government clients on their complex finance needs and advisory functions. They advise on critical issues surrounding debt and equity capital markets, risk management and transactional banking. Depending on which area of Institutional Banking & Markets that you are placed in, you could be assisting with performing financial analysis, financial modelling, preparation of

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pitch books, undertaking research projects with supervision and the potential to sit in on client meetings, if the opportunity arises.

What can you expect on a work placement?

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.

Give back - You’ll have chance to contribute to the community by participating in our community committee and other initiatives.

Areas interns may be placed in within the business:

Institutional Banking & Markets – based in Sydney

Risk Management – based in Sydney

Business Banking – based in Sydney (either focussing on smaller businesses or focussing on larger businesses)

Ideal Degree/Discipline

Open to any disciplines

Remuneration

TBA

Eligibility Requirements

To be eligible to apply for our 2018-19 internship program, you must:

Be an Australian permanent resident or citizen at the time of application.

Be in the penultimate year of your university degree.

Have achieved at least a credit average (65%) across your university degree.

Shortlisted candidates may be required to participate in assessment centre and online testing processes facilitated by CBA.

Please note all successful candidates will have to complete a pre-employment medical check as part of their employment. This is a mandatory process but will not affect the hiring decision.

PLEASE NOTE: DUE TO INTERNAL CBA PROCESSES, STEPPING INTO APPLICATIONS FOR THIS POSITION CLOSE AT MIDNIGHT 18TH SEPTEMBER 2018.