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

As a graduate in the Department of Defence, you will enjoy experiences that, as a civilian, you simply wouldn't find with any other organisation.

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