Program overview What is CIB? CIB, which sits within Westpac Institutional Bank, focuses on understanding our institutional and government clients and their industry to provide our customers with solutions that meet their business needs. CIB has industry specific expertise across general corporates, energy, infrastructure, resources, financial institutions, health, government and real estate. As the client-facing side of the bank, you will work within dedicated Industry and Product teams and gain a deep understanding of the exciting and fast-paced world of Institutional Banking. Widely recognised as the leader in our field, you’ll be working alongside 2,000 talented employees based throughout Australia, New Zealand, Asia, UK and the US. The CIB team has wide product coverage and undertakes full servicing of our customers’ needs, so it’s a great place to start your career in banking.
Who should apply Students from all disciplines are welcome to apply for the CIB Program, but you will need to have a strong interest in financial services with a solid analytical ability. Given CIB will often identify strategic opportunities for our clients, individuals with analytical, proactive and forward-thinking ideas will fit well within our program and team culture.
Where you will work Sydney & Melbourne locations available
Program structure 10 week Summer Internship
How your summer could be spent By joining the Corporate and Institutional Banking Program you’ll learn more than just banking. To excel at your role you’ll need to develop a deep understanding of your customers’ industry and business needs - expanding your knowledge and skill set beyond banking products and services alone. We aim to act as a trusted advisor to our customers, partnering with them across both their day to day and strategic aspects of their businesses. Each intern will be allocated to a particular team and will work alongside experienced analysts and relationship managers. The type of work involved may include: Researching topical issues within a particular industry and contributing to research reports and credit submissions. Market and competitor research and analysis. Assessing existing and potential clients including full financial analysis in order to determine the appropriate credit risk rating and resultant lending appetite. Supporting the relationship team with ad hoc requests. During the 10 week program, interns will receive support from recent graduates as well as a dedicated placement manager to ensure your learning experience is optimised.
Future career opportunities As an intern you will be offered the opportunity to position yourself for future Graduate roles within CIB. Our Interns have the opportunity to work in roles within: Industry Analytics & Insights Product Management Capital Advisory Credit Portfolio Management Relationship Manager Business Development Manager Corporate Originations or Product Origination
Hear from former interns about their experience Michael, Corporate & Institutional Banking Graduate Degree Studied: Bachelor of Commerce and International Business What is one project you've worked on recently? I helped out on a natural resources transaction to structure and arrange debt for a major player in the industry, which required me to take on responsibility and liaise with multiple teams across the business to deliver a positive outcome for the client. This transaction eventuated as one of the biggest deals for Corporate & Institutional Banking in 2018 and resulted in us winning a “One Team” award. What is one thing you love about Westpac? Westpac’s truly inclusive culture is what sets the bank apart; our people genuinely care about our clients and each other and this inspires me to come to work every day to go above and beyond to make a difference.