Stepping Into Internship Program - Position DescriptionThe Australian Network on Disability’s Stepping Into program is a paid internship scheme that matches talented university students with disability with roles in leading Australian businesses.

Position Title

Commonwealth Bank (CBA) - Institutional Banking & Markets Intern

Location

Sydney

Position Duration

10 weeks, full time

Commencing 23rd November

Position Overview

About IB & M

Institutional Banking and Markets (IB&M) is responsible for managing CommBank’s relationships with major corporate and government clients and institutional investors, and provides a full range of capital raising, transactional and risk management products and services. IB&M’s purpose is to combine global connectivity to build a better Australia.

IB&M also performs an important internal role for the Group by providing markets, lending and transaction banking execution capabilities to other CommBank business units, allowing them to capture opportunities with business customers.

Do Work That Matters

As part of the Institutional Banking & Markets (IB&M) Graduate Program, you’ll have the exciting opportunity to work with major corporate, government clients and institutional investors. The team plays a critical role in providing products and services to stakeholders that make signficiant impact on everyday life.

As a Summer Intern, you’ll get a taste of working on interesting projects that influence and help to build a better Australia.

Depending on which area of the business you will be placed in over the summer, you can be actively involved in financial analysis, financial modelling, preparation of pitch books, undertaking research projects, and dealing directly with internal and external clients.

We’re Looking For You

The environment in IB&M is fast paced and exciting. We’re looking for people who are adaptable, a critical thinker, innovative and motivated.

Level 3, 80 Clarence Street, Sydney NSW 2000 (02) 8270 9200 www.and.org.au

You don’t have to be a finance graduate to fit into the IB&M team — we have a range of people from engineers, lawyers, scientist to arts graduates all making a significant contribution to the bank.

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 We Look For

You are solutions and team-focused, insightful, performance-driven, experienced, proactive and ambitious, have excellent interpersonal skills and are a strong fit within our collaborative culture.

Read more about IB & M on CBA’s website.

Ideal Degree/Discipline

Any degree type, but must demonstrate knowledge and interest in working for CBA.

Eligibility Requirements

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 (ie. you must be graduating your current degree in either Sem 1 or Sem 2 of 2021), or if you are doing a double degree, you must be in your penultimate year of your overall studies (essential)

Achieving at least a credit average across your university degree (essential)

Identify as having disability

Candidates may be required to undergo a background check security clearance

Apply Here

To be considered for the Stepping Into internship with CBA, you must first submit an application to www.tfaforms.com/420924

If you are shortlisted for an internship with CBA, the following process applies:

a) You will be required to submit an application directly to CBA through their online platform

Include resume, transcript (min 6.5 GPA), proof of residency, and 500 word motivational statement (AND recommends you use the full 500 words to demonstrate your relevant skills to the specific stream you’re applying for with CBA)

If you need any adjustments to the recrtuiment process, include these in your application for personalised support

b) Once you apply online, every applicant will automatically be sent 3 online assessments to complete (psychometric, numerical and inductive reasoning)

You must complete these within 48 hours of receiving the email

They should not take more that 75 minutes

c) If you pass the online assessments, you will be invited to a digital interview (7 questions and one longer written question)

You must complete this within 48 hours of receiving the email

d) If you pass the digital interview, you will be invited to a virtual assessment centre (a virtual case study and a virtual face-to-face interview)

The virtual case study will include a number of components, virtual activity submissions, reading time and a written component

The interview will be held by 2 panellists and go for 1 hour. Questions will be behavioural and stream-specific so be sure to do plenty of research into the specific business area

Read more about the recruitment process and key dates here.

Contact the AND Programs Team at applications@and.org.au or 1300 363 645 for further information.

Please be aware that all Stepping Into internships are paid placements. The employing organisation will pay the intern’s pro rata salary for the internship period (including superannuation) at a rate commensurate with the duties performed and abiding by Fair Work standards.