Australian Prudential Regulation Authority (APRA)
2021 Graduate Program
Opportunity expired
Opportunity details
- Graduate Job or Program
- 30 vacancies
- Apply by 3 May 2020
Do you want a meaningful career protecting the financial future of all Australians?
The Australian Prudential Regulation Authority (APRA) is an independent statutory authority that supervises institutions across banking, insurance, and superannuation and promotes financial system stability in Australia. Working with APRA, you will help ensure that the savings, insurance policies and superannuation nest eggs of millions of Australians are in safe hands.
Is a role where you will have an unparalleled view of the financial services industry for you?
At APRA you will experience one of the most in-depth and diverse Graduate Programs on offer. We want our graduates to gain an understanding of every aspect of what we do. To ensure you achieve this, you will spend time within different divisions on rotation, giving you the chance to create the core foundations of prudential regulation, including frontline supervision, policy development, and data analytics.
Are you looking for an employer who will encourage and support your career development?
We value your development, you will receive ongoing training throughout your career with us. In fact, training and development are an integral part of ensuring we maintain our excellence as a regulator. As one of our select graduates, you will benefit from our performance coach/mentoring program, a 'buddy' system and working as part of an APRA team from the beginning.
What are the details?
At the end of your graduate program, you will be promoted to the role of Analyst, and have the opportunity to drive your career in any of APRA's core functions, including specialist areas. We are looking for graduates with a range of skill-sets to help deliver our mission including:
- Frontline supervisors in banking, insurance, and superannuation;
- Statistics/mathematicians gurus;
- Policy advisors;
- Legal professionals;
- Risk specialists in areas such as credit, operational, market and liquidity risk
For further information or assistance, please email graduatecareers@apra.gov.au. Please do not apply to this e-mail address.
Eligibility criteria:
- Australian or New Zealand Citizen or Australian Permanent Resident
- Minimum credit average
- Degrees in Commerce, Business, Finance, Mathematics, Statistics, Law, Public Policy, Econometrics, Actuarial, Banking, Financial Modelling or other relevant fields.
Due to the COVID-19, recruitment of the APRA graduate program is currently being reviewed. APRA is committed to graduates joining the organisation in 2021. We hope to provide an update on our reviewed recruitment process shortly.'
Reviews
Always doing new things, never boring
Mixture of financial analysis, research and meeting with key stakeholders. As a graduate, much of the work is assisting others in the team.
Work plans typically follow an annual cycle of expected activities and then other ad-hoc activities or 'project' type activities (typically on a volunteer/EOI basis). Day-to-day revolves around these 3 types of activities, and includes document review, drafting lines of questions in preparation for meetings, making judgements on the adequacy of risk management etc.
About the employer
Australian Prudential Regulation Authority (APRA)
4.2
500 - 1,000 employees
Government & Public Service
Start your career with a 'View from the Top' of the financial services industry. Help to strengthen the Banking, Insurance & Superanuation sectors.
Pros and cons of working at Australian Prudential Regulation Authority (APRA)
Pros
Work hours are amazing and everyone advocates a healthy work-life balance.
The culture of the company is great. Everyone is welcoming, caring and supportive of all graduates to learn and get as much experience as possible.
The rotation structure is great as there is a lot of exposure to various areas in the organisation.
There are plenty of opportunities, but as it is a government role, promotion opportunities... are highly structured.
Very flexible hours, so long as you do the work and minimum contracted hours.
Cons
There's a bit of bureaucracy which takes time and patience to navigate.
Development and progression is not consistent and opaque.
A lot of technical pieces are typically passed on to specialist teams to handle.
Rigid structure of employment hierarchy and pay structure that comes with a government role.
Graduates not given appropriate roles to settle in post-graduate program.