Updating Results

Westpac Group

4.4
  • 1,000 - 50,000 employees

Risk Graduate Program (Feb 2024)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

Location

Sydney

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryAUD 70,000 - 80,000 / Year
  • Number of vacancies1-100 vacancies
  • Application open dateApply by 18 Aug 2023
  • Start dateStart date 18 Feb 2024

Our Organisation

Westpac is Australiaโ€™s oldest bank and company, one of four major banking organisations in Australia and one of the largest banks in New Zealand. We provide a broad range of banking and financial services in these markets, including consumer, business and institutional banking and wealth management services.

Westpac Group's portfolio of financial services brands and businesses is focused on our purpose which is creating better futures together. Itโ€™s what we do, who we are and why we come to work every day.

From ensuring individuals can save, transact and borrow with confidence, to supporting the financial needs of small businesses, multi-national corporates, and institutional and government clients, our customers are at the centre of everything we do.

Through our unique portfolio of brands comprising Westpac, St.George, Bank of Melbourne, BankSA, BT and RAMS we support and serve over 12.7 million customers.

When you join Westpac Group, youโ€™ll be empowered to make a difference, speak your truth and discover what success means to you. But best of all youโ€™ll be joining a whole organisation of people who love helping others find their success. 

Our Grad Program

Weโ€™re looking to fill our programs with original thinkers and innovators from all degrees of study.  Challenging and rewarding โ€“ our programs will get your career off to a flying start.

Eligibility

You must be Australian or New Zealand Citizen OR an Australian Permanent Resident AND be in your final year of study of a university degree OR completed an undergraduate or postgraduate degree no more than 3 years ago.

Youโ€™ll need to be available to start with us as a permanent employee in February 2024.

Our Risk Program   

We support a strong and risk-aware organisation through providing expert advice, constructively challenging the business, and providing innovative solutions.

Working across a broad network of stakeholders, we develop relationships, build trust and help solve problems.

You will learn how to negotiate, collaborate, and utilise your analytical and problem-solving skills to deliver the best outcome for the business.

This is a 12-month Sydney based program with 3 x 4-month rotations. Interstate/regional candidates are welcome to apply, that are comfortable with hybrid working for a single or multiple rotation experience.

Immerse yourself in a 12-month program with three pre-determined rotations designed to provide diverse experiences and insights to inform your Risk career. Youโ€™ll be able to tailor your experience by submitting your preference for a preferred rotation within our dynamic risk teams, empowering you to shape your career path.

Rotation areas

You will work across diverse Risk business teams to understand the different focuses across the Group Risk Function.

The dynamic Risk teams include:

  • Financial Crime 
  • Non-Financial (includes Operational and Compliance)
  • Westpac Institutional Banking & Treasury 
  • Chief Operating Office
  • Chief Transformation Office 
  • Consumer and Business Banking 
  • Deputy Chief Risk Office (includes Credit)
  • Customer, Technology, Corporate Services and Enterprise

Youโ€™ll experience a holistic learning journey as all rotations are fully supported with on-the-job training, impressive project work, practical workshops, and keynote events. Elevate your risk knowledge, capabilities, and skills across all facets of our program.

Youโ€™ll receive lots of opportunities for learning and growth that will optimise your role performance and career progression. Risk Business Champions, leaders and mentors will support you during the program experience. We help you achieve a banking qualification to develop crucial acumen that will enable you to add value in an ethical and professional way throughout your career.

A dedicated Risk Learning team makes it easy for you to manage your professional development. From building people skills to effectively interacting in teams, to developing deep technical knowledge and skills in Risk youโ€™ll have access to a complete learning offering to set you up for success in Risk. 

A career in Risk could result in roles such as:

  • business analyst
  • modeller
  • risk manager
  • risk/quantitative analyst

The opportunities are endless, and you will be fully supported by those who youโ€™ve worked with throughout your graduate experience to find your career purpose.

We're looking for people who are:

  • passionate
  • strategic and innovative
  • keen to understand the interconnected nature of our systems, processes, and people, whilst linking the risks and opportunities. 

Graduates from all disciplines are welcome to apply. Having problem solving ability, quantitative skills and strong leadership potential are advantageous.

Our Online Application

Your application will take approximately 10 minutes to complete and must be submitted online. You will need to upload a PDF or Word version of your resume AND a copy of your Academic Transcripts.

IMPORTANT: When completing the application form, please ensure you EXPAND ALL SECTIONS to INCLUDE your EDUCATION details and UPLOAD your RESUME & ACADEMIC TRANSCRIPT.

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Australia
Australian Citizen โ€ข Australian Permanent Resident
Work light flag
New Zealand
New Zealand Citizen โ€ข New Zealand Permanent Resident

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Associate Degree or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    Australian Citizen
  • Study fields
    Business & Management
  • Degree typesAssociate Degree or higher
Show all hiring criteria

Reviews

user
Graduate
Melbourne
โ€ข
4 months ago

Provide hr advice to employees and leaders across the group

user
Graduate
Sydney
โ€ข
4 months ago

A lot of admin work - booking meetings, writing minutes, making presentation packs, liaising with eas to organise higher-ups attendance. a lot of work is given to you that others in the team would rather not do - the important thing is to have a good attitude regardless of how passionate you are about it as that attitude is what people will talk about when you roll off/apply for internal roles.

user
Graduate
Sydney
โ€ข
4 months ago

Monthly reporting. automating reports learnings and implementation

Show all reviews

About the employer

Westpac Group Australia

Westpac Group

Rating

4.4

Number of employees

1,000 - 50,000 employees

Industries

Banking & Financial Services

When you join Westpac Group, youโ€™ll be empowered to make a difference, speak your truth and discover what success means to you.

Pros and cons of working at Westpac Group

Pros

  • The quality of the work and the people you work with.

  • Huge amount of opportunity to learn and grow.

  • Flexibility, atmosphere.

  • Rotating around between teams ensures I am learning lots and meeting heaps of people.

  • Great extracurricular opportunities to be involved in - from employee action groups to Toastmasters clubs.

Cons

    • Sometimes it is difficult to contact/work with departments outside of your area.

    • Because it's so big, it's very slow to move with change and onboarding to systems.

    • Having set days to come into the office. Hard to find a job after graduate program finishes.

    • Too many systems.

    • We are big, old and clunky. This means things can take ages to actually get done, and there can be heaps of red tape.