Applications for our 2021 Graduate Program are now closed. Applications for our 2020/21 Summer Intern Program will open in early July. You can view and apply for other roles here.

About Business & Private Banking

Business and Private Banking (BPB) manages relationships with Commonwealth Bank’s business banking customers, providing a wide range of financial services and solutions across all businesses. We also service our personal and institutional online trading customers, and provide service, advice and opportunities to our high-net-worth personal customers through Commonwealth Private.

Our areas

BPB has a number of specialised and diverse areas:

Business, Corporate & Private Banking

  • Business & Corporate Banking is the relationship-focused arm of BPB, a division of the Commonwealth Bank. We connect and partner with businesses to grow, improve and safeguard their financial wellbeing. Our segment spans the nation’s most innovative, dynamic, specialist and diverse sectors – everything from start-ups to mature companies. We manage relationships with all types of businesses, from small and middle-sized all the way up to larger corporates turning over up to $500 million.
  • Commonwealth Private (CP) services the personal banking and wealth management needs of Australia’s high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals.

Product, Governance & Customer Solutions

  • The Strategy & Transformation area develops and executes the most complex and strategically important elements of BPB’s growth strategy, and scopes, designs and creates new solutions to business-critical problems.
  • The BPB Risk Management and Controls area looks after our Better Risk Outcomes, Governance & Assurance, Conduct & Capability, Regulatory Risk & Controls & Credit Process and Quality Assurance, all working together to help drive a strong risk culture across BPB. Some of the key focus areas include:
    • Controls Improvement & Assurance
    • Risk in Change
    • Incident & Issue Management
    • Complaints Management
    • Credit Assurance
    • Non-Financial Risk Reporting and
    • Better Risk Outcomes Program deliverables.

  • Business Customer Solutions supports the full spectrum of customers’ needs, from the smallest businesses to the largest corporates. We have accountability for Cash Management, Payments, Business Lending and Commerce Solutions, as well as delivering analytical capabilities to support our business customers. This team is also accountable for managing the end-to-end business customer experience aligned to achieving our advocacy ambition.

Regional and Agribusiness Banking (RAB) is the face of the business bank outside of major capital cities. All face-to-face business banking relationships outside of Sydney, Melbourne, Brisbane, Perth and Adelaide are managed by RAB, as well as all agribusiness relationships.

CommSec is Australia’s number 1 online broker and has been helping investors reach their goals for more than 20 years. We offer a diverse range of support and tools to help beginner and experienced investors alike. We’re proud to be Money Magazine’s Best Feature-Packed Online Broker for 12 years running. CommSec operates across two main lines of business:

  • CommSec
  • CommSec Adviser Services.

Our programs

Graduate Recruitment Program

This uniquely structured 18-month program includes four rotations that will allow you to either specialise or experience vastly different areas within the Business & Private Banking teams. Through these rotations you’ll gain an in-depth understanding of the BPB business and have direct exposure to clients. You’ll also develop technical skills, analytical sales and/or relationship-building capabilities. Some rotations may include state-based travel.

Summer Intern Program

This 10-week program offers exposure across our diverse business as you work in your elected specialist area. You’ll receive training and networking opportunities, be supported by a buddy and have the chance to contribute meaningfully to our business.

We are a national business, with opportunities in many states. Please check our graduate ads for the specific locations we’re recruiting in for each program. You may also be required to work in other locations within the same state as part of your rotations.

What we look for


The BPB Graduate Program will allow you to discover and unlock your potential by offering diverse opportunities and tailored experiences. Whether you’re passionate about banking, regional and agribusiness, the digital landscape or private wealth, or simply want to immerse yourself in securing and enhancing the financial wellbeing of our people, business and communities, a role in our team could be for you. You’ll need to be keen to develop business acumen, challenge yourself, meet new people and develop professional and customer relationships.

We’re looking for:

  • Critical thinkers: Graduates who can analytically and skilfully conceptualise to synthesise information.
  • Adaptive attitude: People who can discover and integrate new knowledge with current thinking to commercialise new products, services and solutions.
  • Resilient minds: Stay cool, calm and collected during change and uncertainty.
  • Emotional intelligence: We value socially aware, informed, productive, rational and inquisitive peers.
  • Curiosity: The use of a growth and learning mindset to explore possibilities with intense curiosity is crucial for success.
  • Tech cred: The capability and capacity to learn and work in an online- and digitally enabled environment, while embracing new technologies that are fit for purpose.

Degree types

Graduates from all disciplines are welcome to apply for the BPB Graduate Program. Successful grads have come from a range of backgrounds, including finance, commerce, accounting, economics, engineering and IT, as well as digitally focused disciplines.


As well as the chance to immerse yourself in our Business & Private Banking Program, you’ll also benefit from:

  • Training and development: You’ll receive extensive training and development, including our 2-week Graduate Academy based in Sydney at the beginning of your program and ongoing forums at the end of each rotation.
  • Diverse experience: You will receive a holistic experience across several areas of our business, providing a unique opportunity to gain a deep understanding of BPB and the variety of career pathways available – setting you up for success now and in the future.
  • Exposure: Through the variety of rotations, you’ll be exposed to clients, strategic initiatives, innovative projects and senior leaders.
  • Customer interaction: You’ll work directly with customers to build your experience.
  • Community involvement: Help support our vision to excel at securing and enhancing the financial wellbeing of people, businesses and communities as you contribute to the wider community through graduate-led projects and initiatives.

Awards and recognition

Award logo: The Australian Top 100 award

The Australian Top 100 

Graduate Employer 2020
#1 Banking and Finance sector

Award logo: Australian Financial Review and GradConnection Top 100

Australian Financial Review  & GradConnection Top100 Graduate Employers Ranking

Graduate Employer 2020
#9 Most popular Employer 

Award logo: Top Graduate Employers 2019

Top Graduate Employers 2020