2023/24 ANZ Institutional Summer Intern Program

At ANZ, we are driven by our purpose and strive to create a balanced and sustainable society in which everyone can take part and build a better life. Our purpose not only supports our business strategy, it guides the decisions and actions we take every day as we serve individuals, families, businesses and communities. 

Where: Melbourne, Sydney, Brisbane, Perth & Adelaide 

The Institutional Division is one of the most exciting, dynamic and diverse areas at ANZ. Its main focus is delivering world-class integrated solutions to our Government, Corporate and Institutional clients across the globe. Successful applicants will work closely with our teams in Australia and New Zealand, Asia Pacific, Europe, the Middle East and America. 

What to expect in the 8-week Institutional Internship? 

As an Institutional Intern you’ll focus on developing an understanding of our clients’ businesses and industries while providing solutions for their complex financial needs. The program may have you working in one of the following business units: 

Product 

• Transaction Banking 

• Corporate Finance 

• Sustainable Finance 

• Markets (Melbourne & Sydney only) 

Institutional Australia  

• Research & Analytics 

• Corporate Banking 

Enablement 

• Banking Services 

• Wholesale Digital 

Transaction Banking 

Transaction Banking offers you the opportunity to get involved in a digitally minded, fast-paced environment using technology to facilitate next-generation experiences for ANZ Institutional customers. 

The area focuses on providing specialist sales, product management and service expertise to assist clients with their day to day working capital, cash flow and global trade requirements. It is one of the most-dynamic areas of the bank that is continuously investing in the latest trends and technologies. 

You’ll have exposure across innovative industry wide projects supporting our customers’ working capital strategies and the ongoing digitisation of transactional solutions now and into the future. 

Transaction Banking also plays a critical role in funding the bank’s operations via its substantial deposit volumes, providing key learnings on bank deposits and capital treatment. 

Corporate Finance 

ANZ Institutional Corporate Finance team is renowned for their excellence in specialist credit analysis, advisory services, structuring, execution and ongoing monitoring of customer transactions. The team provides lending solutions to Institutional and Corporate customers through: 

• Project Export & Sustainable Finance; 

• Structured Asset Finance; 

• Leveraged & Acquisition Finance; 

• Loan Syndications; and 

• Corporate Advisory. 

Markets 

Working across 33 countries to deliver innovative product solutions, ANZ’s Markets team focus on foreign exchange, capital markets, fixed income, commodities, specialist research and risk management. 

The markets team works in co-ordination with other areas of Institutional to move clients through the lifecycle of a deal: uncover the opportunity; highlight thematic issues; find a best practice idea to fit the business, and tailor the solution to meet the client’s needs.  

Supporting our clients with access to the Australian financial markets, the team also provides access to major financial hubs like London, New York, Hong Kong, Tokyo, Singapore, and Beijing, and services other ANZ centres including New Zealand, Taipei, Jakarta, Manila and Seoul. 

Institutional Australia 

ANZ’s Institutional Australia team manages relationships with customers in Australia and Papua New Guinea. 

With a focus on leveraging our network and growing connectivity internationally, the team works collaboratively across our global network to help our customers in Australia and PNG as their businesses develop across borders. 

Research & Analytics teams helps the Institutional division balance our customer, risk and capital management objectives through well-defined risk appetite parameters, as well as ensuring the capital invested is generating the best possible returns. 

R&A are globally co-located with the Coverage teams and are responsible for the entire end to end credit management of our large multinational customers. 

Each Analyst within R&A is client facing and works alongside the Coverage teams to help develop and deliver financial and capital solutions. 

Corporate Banking has a long history supporting corporate businesses, offering traditional relationship banking and sophisticated financial solutions. Our experienced relationship teams understand the unique issues facing large business including those that are privately owned, and can assist with growth, acquisition and succession agendas. 

Corporate Banking has a diversified customer portfolio and based in CBD’s around Australia, our client-facing proposition offers relationship banking and sophisticated financial solutions, largely for privately owned companies in the mid-market business segment. 

You will have the opportunity to work with Senior Relationship Managers to complete the broader credit assessment function and ensure an optimal ‘well managed’ portfolio. 

Banking Services 

Banking Services are an enterprise capability that governs, manages and manufacturers business services leveraged across all the Institutional Divisions in support of outstanding customer outcomes.  The business services are delivered through a combination of digital solutions and supported business operations.  Delivery and support teams are integrated from the portfolio and technology domain partners.   

Wholesale Digital 

At Wholesale Digital we design and deliver superior digital solutions for Institutional and Corporate clients across Trade, Cash Management, Markets and Loans. Solutions based on customer experience that are rich in functionality innovative and simple to use. Clients also utilise our data and insights to look beyond their own balance sheet and discover new ways of becoming more competitive. 

You will work with agile teams in a business that spans product design, talking to clients about their expectations of their banking solutions, providing meaningful insights to clients through data analytics using the Cloud; all the while, connecting with internal teams in Markets, Loans, Transaction Banking and Group Data, as well as third parties including Google and Apple. 

Who makes a good Institutional Intern? 

You are interested in what’s happening around the world, and love being part of a business that gives back to its customers, employees, shareholders and communities. 

You want to make a difference and are independently minded, yet enjoy collaborating with others for better outcomes. You are hard-working, digitally savvy and keen to experience the challenges and rewards of our global business. 

Suitable applicants 

We are looking for talented technical individuals, Science, Data Science, Computer Science,   Engineering, Commerce, Banking, Finance, Economics, Mathematics, Actuary, Technology or Law students. 

That being said, if you’re a student from another discipline and believe Institutional is the right fit for you, we are happy to hear from you. If this any of these opportunities sound like the perfect first step into the world of work then apply today on www.anz.com/careers 

Opening date: 7th August 2023 

Closing date: 1st September 2023