Applications for our 2020/2021 Global Markets Summer Analyst Program, Summer Intern Program and remaining 2021 Graduate Program are now open.

Apply now

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.

Our divisions

Global Client Solutions

The Global Client Solutions division provides corporate lending, project finance, structured asset financing, leveraged finance and transaction banking and relationship management across six ecosystems:

  1. Future Cities: Utilities, infrastructure, real estate.
  2. Intelligent Finance: Funds, diversified financial institutions, insurance, private equity.
  3. Future Resources: Oils and gas, mining, renewables.
  4. Smart Networks: Telecommunications, technology, media, entertainment, healthcare, education.
  5. Efficient Supply Chains: Industrials, logistics, retail, agriculture, food and beverage.
  6. Connected Services: Banks and government.

Global Markets

The Global Markets division is responsible for the trading and sales activities in financial markets, encompassing all Foreign Exchange, Commodities, Fixed Income and Interest Rate products. The Debt Markets team within Markets also structures solutions that meet our clients’ capital, funding and liquidity requirements.

We have teams that work across our core capabilities such as:

  • Debt Markets: Origination and execution of syndicated loans, debt capital markets, securitisation and agency services.
  • Global Syndicate: Responsible for distribution of public market fixed income securities to investors in Australian, New Zealand, US, UK, European, Hong Kong and Singaporean markets.
  • Credit Portfolio Management: Manage credit risks effectively to drive portfolio and client outcomes.
  • Sales: Comprised of specialised sales teams focusing on bonds, foreign exchange, interest rates and credit.
  • Trading: Comprised of specialised trading teams focusing on bonds, foreign exchange, interest rates and credit.
  • Commodities & Trade Finance: Sales and trading across the full spectrum of commodities, including agriculture, energy and metals.
  • Global Markets International: Sales and trading of foreign exchange, interest rates and fixed income in Europe, America and Asia.
  • Quantitative Solutions: Focusing on the pricing and risk analytics and technology of the trading floor.
  • Markets Business Oversight: Responsible for the processes and values surrounding sales and trading activities.
  • Global Markets Chief Operating Office: An enablement function that manages strategic projects, the investment portfolio, change management and business management function for the Global Markets business.

Our programs

Graduate Recruitment Program

This structured 12-month Program includes three rotations in different parts of Institutional Banking & Markets. Depending on where you are placed within the business, you’ll need to complete one or more of the following accreditation Programs:

  • AFMA Core Accreditation
  • AFMA Specialist Accreditation

On a day-to-day basis, you can expect to gain hands-on experience through financial analysis, financial modelling, preparation of pitch books, undertaking research projects, dealing directly with internal and external clients, and attending client and management meetings.

Summer Intern Program

This 10-week program gives you exposure across our diverse business. You’ll receive training, networking opportunities, be supported by a buddy and have the chance to contribute meaningfully to our business.

We have roles available in Sydney and Melbourne for the IB&M Program.

What we look for

Qualities

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.

Degree types

We consider graduates from all disciplines.

Benefits

As well as gaining an in-depth understanding of Institutional Banking & Markets, you’ll also benefit from:

  • Exciting work: You’ll be involved in making live deals and trades, and will interact with top institutional clients and high-level management within CommBank.  You may also have the chance to obtain international exposure and experience
  • Diverse experience: You’ll get involved in a range of different areas and projects that will help you develop a range of new skills and experiences
  • Training and development: You’ll receive extensive training and development, including our four-week Graduate Academy at the beginning of your program and ongoing forums at the end of each rotation
  • Support: Senior team members will mentor you and, if you perform well, you’re guaranteed a placement at the end of the Program
  • Community involvement: You’ll have the chance to engage the wider community through graduate-led community projects and initiatives.

 

Where could the Program take you?

Graduates could move into one of the following roles upon completing the Program:

  • Associate, Global Client Solutions Ecosystems:

    • Future Cities
    • Intelligent Finance
    • Future Resources
    • Smart Networks
    • Efficient Supply Chains
    • Connected Services.
       
  • Associate, Global Markets:

    • Sales
    • Trading
    • Commodities & Trade.

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