Business, Corporate & Private Banking

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.

Business & Private Banking Graduate and Summer Intern Programs

Business & Private Banking Program overview

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. 

Business & Private Banking has a number of specialised and diverse areas:

Business, Corporate & Private Banking:

  • Business & Corporate Banking is the relationship-focussed arm of Business & Private Bank, 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 businesses from all segments from small to middle size businesses 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 and 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 and Issue Management, Complaints Management, Credit Assurance, Non-Financial Risk Reporting and Better Risk Outcomes Programme 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 delivery of 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 will be managed by RAB, as well as all agribusiness relationships.

CommSec is Australia’s No.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 assist beginner and experienced investors alike. We are proud to be Money Magazine’s Best Feature-Packed Online Broker for 12 years running. CommSec operates across two main lines of business: CommSec and CommSec Adviser Services.

10 weeks

Our Summer Intern Program

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

This uniquely structured 18 Month Program includes four rotations which 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 Business & Private Banking business and have direct exposure to clients. You’ll also develop technical skills, analytical sales or relationship building capabilities. Some rotations may include state-based travel.


What qualities do we look for?

The Business & Private Banking Graduate Program will allow you to discover and unlock potential by offering diverse opportunities and tailored experiences.  Whether you are 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 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 new knowledge and integrate it with current knowledge to commercialise new products, services and solutions.
  • Resilient Minds: Stay cool calm and collected during change and uncertainty.
  • Emotionally Intelligent peers: We value socially aware, informed, productive, rational and inquisitive peers
  • Curious Beings: 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.

We are a national business, with opportunities in many states. Please check our graduate advertisements for the specific locations we are recruiting in for each program.

You may also be required to work in other locations within the same state as part of your rotations through the broader Business & Private Banking program.

Degree types

What degree types do we look for?

Graduates from all disciplines are welcome to apply for the Business & Private Banking Program.  Successful graduates have come from a plethora of backgrounds including; finance, commerce, accounting, economics, engineering and IT, and digitally focused disciplines. 



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

  • Training and development: You will 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 Business & Private Banking and the variety of career pathways available – setting you up for success now and in the future.
  • Exposure: Through the variety of rotations experienced, you will be exposed to clients, strategic initiatives, innovative projects and Senior Leaders.
  • Customer interaction: You will 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

The Australian Top 100 Graduate Employer 2019

The Australian Top 100
Graduate Employer 2019
#1 Banking and Finance sector

Financial Review and GradConnection Top 100 Graduate Employer 2015 Finalist - Graduate Program

Australian Financial Review and GradConnection Top 100
Graduate Employer 2019
#1 Banking, Finance and Insurance Sector
#8 Most popular Employer 

Top Graduate Employers 2019 logo

Top Graduate Employers 2019