Commonwealth Bank
Global Markets Summer Analyst Program (Nov 2024)
Sydney, New Zealand
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- AUD 60,000 - 69,300 / Year
- 1-16 vacancies
- Apply by 19 Jul 2024
- Start date 24 Nov 2024
Do work that matters
Don’t miss this exciting opportunity to immerse yourself in CommBank’s 10-week Global Markets Summer Analyst Program (GMSA) – the perfect start to a career in Global Markets.
Are you ready to kick start your career at one of Australia’s biggest banks? Our Global Markets team sits within Institutional Banking & Markets (IB&M) and is responsible for the Trading & Sales activities in financial markets. Being an Analyst on the program will expose you to areas such as Foreign Exchange, Commodities, Fixed Income and Interest Rate Products.
See yourself in our team
Being part of the GMSA Program means you’ll:
- Be part of a collaborative and inclusive trading floor, taking on meaningful work in a global marketplace
- Gain exposure to a number of teams across Global Markets through dedicated learning sessions
- Have the opportunity to receive a part-time position in Global Markets as you await your transition into a full-time role at the end of your degree (2025 commencement).
You’ll need to be available for the full 10-week internship period from 25 November 2024 to 31 January 2025.
In your application, you’ll have the opportunity to let us know which Global Markets team(s) you’re interested in joining and why. We’ll take your preferences into consideration however we’ll invite you to interview in the team(s) where your skills are most aligned.
In the meantime, check out our website to learn more about each of the Global Markets teams.
- Quantitative Solutions
- Systematic Financing
- Systematic Markets
- CommBank IQ
- Sales
- Trading
- Commodities, Trade and Carbon
We’re interested in hearing from you if:
- You’re passionate and curious about a career in Global Markets
- You’re adaptable and can thrive in ever changing environments
- You’re someone who has excellent interpersonal skills and a strong desire to succeed
At CommBank, we’re committed to your development, career growth and training. Whether you’re from an Arts, Computer Science, French History, Economics or Mechanical Engineering background, we’d love you hear from you.
If this sounds like you, and you are:
- An Australian citizen or Australian permanent resident at the time of your application, or
- A New Zealand citizen already residing in Australia and a resident for tax purposes at the time of your application, and
- In your second-last (penultimate) year of your overall university degree, and
- Maintaining an overall minimum credit average in your degree
Then apply now for CommBank’s GMSA Program! Applications close at 11:55pm Syd/Melb time on 19 July 2024. Successful candidates will commence in the program on 25 November 2024.
Hiring criteria
- No experience required
- Australian Citizen +more
- Business & Management +more
- Associate Degree or higher
Reviews
Client meetings, speaking with the frontline team regarding client files, administrative work
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.
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.
About the employer
Commonwealth Bank
4.3
1,000 - 50,000 employees
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.