Banking Graduate Jobs

The Australian banking sector is well developed and competitive, falling under the Financial Services Sector, which is Australia’s fourth largest industry. Our resilient economy, world-leading regulatory system, compulsory superannuation savings, highly skilled workforce and strong business infrastructure have built a strong financial sector that has become the largest contributor to the national economy, and one of Australia’s leading employers. The banking sector in particular has seen strong growth thanks to the increasing globalisation of banks, the integration of banking activities, and the growth of emerging markets. As a result, there are many roles and opportunities for career progression. 

Banking broadly refers to the following categories:

  • Corporate Finance
  • Wholesale Banking
  • Retail Banking
  • Investment Banking
  • Private Wealth Management.

Internships and programmes in banking graduate jobs

Internships are a good way to gain a pathway to a graduate job in banking as many banks offer summer intern programmes for current students. In such a competitive environment, these internships can provide graduates with an opportunity to make contacts with hiring managers and recruiters. 

Graduate positions are coveted, with recruitment often beginning while students are still at university. This process is highly competitive, usually takes a long time and involves multiple interviews and tests. Graduate programmes generally take two to three years to complete and graduates are typically rotated around different divisions. 

The main employers in the banking sector are:

  • The ‘Big Banks’, which includes the Commonwealth Bank, National Australia Bank, Westpac, ANZ, St. George and Macquarie Bank
  • Regional Banks, such as The Bank of Queensland
  • Foreign banks registered to operate via a branch, such as Bank of America
  • Subsidiaries of foreign banks that have been incorporated in Australia, such as HSBC
  • Credit Unions and building societies 
  • Non-Bank Lenders
  • Other Financial Institutions

What salary can a graduate expect in a banking job?

The banking industry is very diverse and there are many career paths available to graduates. As a result, salaries in the sector can range from $52,000 to over $150,000, with the ‘big four’ banks (Commonwealth Bank, NAB, ANZ and Westpac) generally paying higher wages than other employers.

Find the best Banking Graduate Jobs

The Department of Defence is one of Australia's largest organisations and has a key role as part of the Federal Government. We are seeking graduates from all university disciplines for work across the career spectrum.

Type
Graduate Jobs
Salary
$63,236 + 15.4 % superannuation
Location
Canberra (other locations include Sydney, Melbourne, Adelaide, Brisbane, Perth, Newcastle)
Closing
27 March 2017

With the ANAO, you'll see what other grads don't. Working on audits across many federal government agencies and entities, covering a range of topics, you'll develop a real understanding of what goes on behind policy decisions and be part of work that has a real impact on government administration.

Type
Graduate Jobs
Salary
$59,771
Location
Canberra, ACT.
Closing
2 April 2017

At ALDI, our people are the key to our success. Our comprehensive 18 month Graduate Program will kick-start your career and fast-track your path to retail leadership. ALDI - Where the CHALLENGE is as big as the REWARD.

Type
Graduate Jobs
Salary
$85K -$99K package including superannuation + Car
Location
NSW, VIC, QLD, WA, SA, ACT - Both Regional and Metro Areas
Closing
31 March 2017

We are currently looking for someone to join our growing team in an exciting and challenging role

Type
Graduate Jobs
Salary
40,000 - 50,000
Location
Bondi Junction, Sydney
Closing
31 March 2017

We are currently looking for someone to join our growing team in an exciting and challenging role

Type
Graduate Jobs
Salary
40,000 - 50,000
Location
Bondi Junction, Sydney.
Closing
31 March 2017

Graduating this year? Already graduated? We want you!!

Type
Graduate Jobs
Salary
$57,733
Location
Canberra
Closing
30 April 2017

This role is suited to a new business hunter who is able to instantly build rapport with senior level executives across a wide variety of market sectors.

What you'll do:

Type
Graduate Jobs
Salary
$45000 + super + commission
Location
Sydney CBD

At Criterion Conferences , we do our own independent research to produce quality and relevant conferences and workshops across a variety of industry within Australia.

Type
Graduate Jobs
Salary
55,000++
Location
Sydney CBD

You are the first of your friends to know about a major economic event, and you teach your parents and peers how to operate their smartphone. You have an appetite not only to see the world but to learn what makes it tick.

Type
Graduate Jobs
Location
London and Sydney

About Allegis Group

Type
Graduate Jobs
Salary
Competitive base salary + uncapped commission
Location
Sydney, CBD & Sydney, Baulkham Hills

The Suncorp Group Graduate Program is a 1-2 year program with streams in 

Type
Graduate Jobs
Salary
$59 to $65k package
Location
Brisbane, Sydney & Melbourne & some regional locations