Applications for our 2021/22 Summer Intern Program are now closed. For all successful candidates the program will commence in November 2021. Applications for our 2023 Graduate Program will open in early February 2022. You can search and apply for other roles here. 

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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 global markets, trade finance, corporate and institutional lending to other CommBank business units that help them capture opportunities with business and retail customers. 

Our divisions

Global Client Solutions

Global Client Solutions (GCS) within IB&M leads banking relationship management and provides transaction banking, risk management and capital solutions to their clients. The team’s purpose is to provide IB&M clients with solutions across the financing spectrum to support their strategic objectives. 

GCS operates across five ecosystems:

  1. Future Cities powered by Smart Networks: Real estate, infrastructure, utilities, telecommunications, technology, media and health. 
  2. Intelligent Finance: Funds, diversified financial institutions, insurance, private equity.
  3. Future Resources: Oils and gas, mining, renewables.
  4. Efficient Supply Chains: Agriculture, manufacturing, logistics and retail. 
  5. Connected Services: Banks, government and education.

Global Markets

Global Markets (GM) is responsible for all the Bank’s sales and trading activities within global financial markets.   They work hand in hand with Global Client Solutions (CS) across all ecosystems to help our clients navigate financial risks, manage portfolios and optimise their performance.   

Global Markets offerings include all Foreign Exchange, Commodities, Fixed Income and Interest Rate products; all supported by the Chief Operating Office (COO).

Teams are organised along the functions of sales, trading and enabling activities and operate in all key offshore locations including Europe, Asia and the US.   

Global Markets teams include:

  • Global Capital 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

IB&M Graduate Program

This structured 12-month Program begins with a month long 'Graduate Academy' a training and development program designed to provide Graduates with a deep dive into IB&M.

Following this, Graduates will experience three rotations. All Graduates will have the opportunity to rotate through Global Markets and Global Client Solutions, as well as a third rotation in a support function such as IB&M Strategy, Non-Financial Risk or our Chief Operating Office.

We’re serious about maximising your potential and will provide you with continuous learning and skills development, along with exposure to transactions and business development activities across product and industry teams. 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.

IB&M Summer Intern Program

This 10-week program gives you exposure across our diverse business. You’ll benefit from a structured induction,  training, networking opportunities, and have the chance to contribute meaningfully to our business. Your voice will be heard from day one, and at the conclusion of your Internship, you’ll have the opportunity to present a project back to our leaders.

We have roles available in Sydney and Melbourne for both our Programs. 

What we look for

Are you someone who asks ‘why’ a lot? We love curious people who think differently and challenge the status quo. We’re looking for proactive, ambitious, and resilient Graduates who have excellent interpersonal skills and a strong desire to succeed.

If you’re a motivated, driven self-starter who’s passionate about Institutional Banking and Markets, we’d love to see your application.

Degree types

We consider graduates from all disciplines.


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.
  • Social connections: You’ll have the chance to meet lifelong friends as you embark on the program with a cohort of Graduates, with several dedicated social events throughout the program.


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

    • Sales
    • Trading
    • Commodities & Trade
    • Global Capital Markets
    • Investor Client Management.

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