Updating Results

Bank of New Zealand

3.9
  • 1,000 - 50,000 employees

Financial Markets Graduate (2025) (Feb 2025)

Location details

On-site

  • New Zealand

    New Zealand

    • Auckland

    • Wellington

Location

Auckland, Wellington

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryNZD 50,000 - 75,000 / Year
  • Additional benefits6 weeks annual leave, discounted Southern Cross Health Insurance, BNZ Staff Banking Benefits
  • Number of vacancies2 vacancies
  • Application open dateApply by 21 Mar 2024
  • Start dateStart date 8 Feb 2025 - 16 Feb 2025

Ko mātou tēnei | This is Us

At BNZ we are committed to being the Bank for New Zealand. That means we are focusing on our customers, continually improving the way we do business, and providing great leadership.

Here at BNZ we embrace flexible working, have a strong focus on career development and progression, competitive remuneration packages, as well as a range of great benefits including Banking discounts and six weeks annual leave!

Mō te Tūranga | About the Role

Have you finished your degree or starting your final year of study? Do you have a passion for financial markets?  If so, we'd love to hear from you!

As a Financial Markets Graduate, you'll receive an immediate introduction to domestic and global financial markets. You'll gain exposure to a range of financial products, and, being based in one of our dealing rooms, Auckland or Wellington, you'll see the close interaction between our sales, trading and research teams. From day one, you'll be helping BNZ, and its clients manage their market risk and supporting their funding and investment needs.

We spoke with some of our Leaders from Financial Markets, who let us know the following about the roles:

What is the team culture and environment like?

Supportive and inclusive, we come to work each day to help our customers and colleagues achieve their best outcomes. We're inquisitive and enjoy the variety of interactions that financial markets provide where every opinion is valued. We love that our work makes a real difference to the New Zealand economy.

What skills or attributes will this person have in order to be successful?

We don't mind what you've studied as our graduates come from a wide range of disciplines! We're looking for people who are effective communicators, who love problem-solving, have excellent attention to detail and enjoy building relationships.

What's the most exciting thing about this opportunity?

We offer stimulating and challenging career opportunities where you'll be supported to learn and develop. You'll get to work with a group of highly motivated and talented people, receive excellent training and be a part of the BNZ community.

A number of our past graduates have stayed on at BNZ, transferred to NAB globally or gained overseas experience and returned back to BNZ Markets. 

What does a day in the life of a Markets Graduate look like?

Our Markets Graduates have the opportunity to learn and participate across the full spectrum of markets services and work with a highly motivated team to help deliver excellence for customers be it in financial risk management, fixed income investment, debt origination, research, trading, technology and more.

  • No day is the same in financial markets which makes for a stimulating and challenging environment for new starters and veterans alike.
  • Training starts on day 1 and will continue throughout your markets career under the guidance of experienced markets professionals.
  • Your days will be packed with learning the intricacies of financial markets and products, the interconnectedness of global macro and micro economic drivers and how they impact our customer's financial risk profiles.
  • From the outset you'll be collaborating with different groups from within BNZ & NAB markets and the wider BNZ.  Our aim is to deliver market leading products and advice to the bank's customers from SME's through to NZX50 listed entities and institutions, and you'll get to play an active role in this.

What should the candidate include in their application?

  • A cover letter - to help us to get to know you, which covers your motivation for working at BNZ and in Financial Markets in particular
  • Your interests outside the classroom - this could include sports, the arts, clubs and community involvement or work experience
  • A strong academic transcript

Nau Mai ki te Pēke o Aotearoa | Come to the Bank of New Zealand

If you're ready to join a supportive team of BNZers who are passionate about the work they do and the results they achieve, then apply now and let's create great together.

Please take note of the following important dates: (*subject to change)

Applications Close: 21 March 2024

Testing & Online Interviews:  from 25 March 2024

Face to Face Interviews: Early-Mid April 2024*

Assessment Centre: 7 May 2024 in Wellington

We have opportunities available in Auckland and Wellington, please let us know your preferred location in your application, the start date will be early February 2025.

Work rights

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

Work light flag
New Zealand
New Zealand CitizenNew 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
Bachelor or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    New Zealand Citizen
  • Study fields
    Business & Management
  • Degree typesBachelor or higher
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Reviews

user
Graduate
Wellington
a year ago

Maintaining and analyzing mainframe code

user
Graduate
Wellington
a year ago

At the moment I provide support on a commercial set alongside the partner and SA. My responsibilities include: - Writing Credit - answering customer requests - Managing the portfolios risk profile.

user
Other (Please specify)
Christchurch
a year ago

Just started a new role so not fully across this. Quite admin heavy, I would prefer to be doing more analysis work but I understand this is a stepping stone.

Show all reviews

About the employer

Bank of New Zealand Logo

Bank of New Zealand

Rating

3.9

Number of employees

1,000 - 50,000 employees

Industries

Banking & Financial Services

Inspired by our customers and energised through success, BNZ has the environment and opportunities for you to contribute to a high achieving New Zealand. Come join us and let’s create great together!

Pros and cons of working at Bank of New Zealand

Pros

  • Career progression, pay, great annual leave.

  • The inclusive and collaborative culture.

  • Support, less pressure for contributing straight away, graduate cohort, work/life flexibility.

  • The people, interactions, and culture

  • Variety of work

Cons

    • Would prefer to wfh more

    • A lot of systems and processes that are more complicated than they need to be.

    • Grad year is a bit more strict and structured than other roles.

    • Tight budget for sponsorship

    • Technology to do your job, limitations in accessing software