NAB Graduate FAQs

Working at NAB

How do promotions take place?

Promotion is based on individual merit, and the availability of and/or business need for a role at a higher level. We take into account your performance, tertiary qualifications and work experience to date, along with your main areas of interest, the level of motivation you demonstrate and your commitment to self-development. NAB has adopted an integrated approach to training and development, to provide you with every assistance in reaching your career goals. As one of our employees, you'll have many opportunities to discuss career plans.

What training is offered?

Regardless of the business area our graduates work in, we offer some core development and networking opportunities to everyone.  In addition, each business unit program has specific training and development tailored to that area of the business.  This training is designed to ensure you are well equipped to succeed in the business unit you work in, but also provides you with an excellent base to move into other areas of our business further down the track.

What is the starting salary for a graduate?

Our graduate starting salaries are market matched with our competitors. Salaries vary depending on the area of business in which you work. All employees are paid a base salary and a Short Term Incentive, a percentage of their gross salary, based on their performance over 12 months. Salaries are in the range of $50000 to $65000, with incentives varying from 2.5% to 5%

Work experience

Does NAB offer Vacation Work or Work Experience?

NAB does not run an organisation-wide Work Experience or Vacation program, however some individual business units (eg. nabCapital and Technology) do offer programs such as Vacation Work and Industry Based Learning (IBL) for current students. These roles are advertised via university careers services and our website generally in July/August each year.

Does NAB offer work experience for secondary school students?

We do not offer work experience to scondary school students.

Can international students apply for Vacation Work or Work Experience?

Unfortunately not.  You must be an Australian or New Zealand citizen or an Australian permanent resident. You cannot hold a spousal visa either.

Your application

When can I submit my application?

Applications for the 2009 NAB Graduate Program are open from February 8 to March 31, 2008  Some of our Business Units also recruit throughout the year so you should keep an eye on our Graduate Careers  website for further updates.

How can I submit my application?

Applications must be submitted using the online application form available via the 'Apply Now' links on the Graduate Careers Web pages. Applications submitted via e-mail to graduate_careers@nab.com.au will not be considered (unless prior approval has been obtained from the Graduate Management Team to submit your application in this way).

When will information be available about NAB's 2010 Graduate Program?

Please visit our website again in February/March 2009 for information on graduate opportunities for 2010.

What if I apply and I am unsuccessful? Can I apply for other roles with NAB?

Yes you can apply for other roles with NAB. You can also apply again for the graduate program in other years.

I am studying a post-graduate qualification. How is this perceived?

We encourage applications from those undertaking further study. If you are applying for a graduate role, we will look at your undergraduate qualification first then your post-graduate study. If you have significant work experience as well as other study behind you, you may also like to consider opportunites advertised on the NAB careers pages.

 

The selection process

What criteria do you look for when selecting graduates?

Candidates are screened against a variety of assessment and selection criteria including work experience, involvement in community or volunteer initiatives, ability to work well in a team environment and communication skills.

Will I receive feedback on my performance in the assessment and selection process?

Feedback is available on request for all assessment and selection activities following the completion of the complete recruitment process. A qualified psychologist can provide feedback regarding psychometric assessment.

How many Graduates are you recruiting?

The number of graduates we recruit each year depends on the specific Business Unit requirements.
Positions by Business Unit:
Business Banking: Approx. (VIC & TAS: 10; NSW: 0; QLD: 0; WA: 5; SA & NT: 4)
Technology: Approx 20
Finance: 0 (Will advertise later in the year for a Feb start)
Retail Banking: Approx. 8
Agribusiness: Approx. 20
MLC: Approx. 10
nabCapital: Approx. 20
Corporate Centre: Approx. 6-8
Actuarial : Approx. 2
Risk: Approx:  10
Specialised Businesses: Approx 8
Corporate & Private Banking: Approx 9
People & Organisational Development: Approx 2

Please note these may change during the course of the campaign and are an approximate indication.
Some of these positions may be recruited throughout the year and not in all one intake.

What are the key NAB competencies?

• Builds Relationships and Networks (Builds useful networks and relationships with people inside and outside the organisation who can assist in creating sales, providing market insights and facilitating positive outcomes.)
• Communicates with Honesty and Courage (Talks straight and tells it like it is. Shows the personal courage to raise difficult issues.)
• Communicates with Influence (Communicates positively and with credibility. Is persuasive and gains agreement.
• Develops Self and Others (Shares own expertise and creates learning opportunities for others. Pursues self-development.)
• Drives for Results (Drives high standards of performance and quality for self and others. Sets stretch targets and focuses on outputs and productivity.)
• Drives Innovation and Continuous Improvement (Seeks to improve on current processes and practices and to make them simpler and more efficient. Is open to new ideas and adapts to change.)
• Focuses on the Customer (Builds customer trust and loyalty. Contributes to making the organisation easy to do business with.)
• Fosters Teamwork, Collaboration and Respect for Others (Treats people with respect. Seeks and values the diverse contributions, experiences and ideas of others.)
• Implements with Speed and Efficiency (Effectively plans and organises to ensure initiatives are delivered quickly and efficiently.)
• Makes Timely Decisions and Takes Accountability for Action (Makes decisions without undue delay and commits to appropriate action. Takes responsibility for own actions or decisions, regardless of outcomes or success.)
• Maximises Organisational Learning and Synergies (Understands and acts on the benefits of synergies and cross-divisional co-operation. Looks to share critical information and learning for the benefit of the organisation.)
• Shows Commercial Acumen (Takes action to maximise financial performance and to reduce costs. Identifies and acts on new business opportunities which will bring the greatest level of return within an acceptable level of risk.)
   
  

Eligibility

Can I apply for a position if I am not an Australian or New Zealand citizen or a permanent resident?

Unfortunately not.  You must be an Australian or New Zealand citizen or an Australian permanent resident. You cannot hold a spousal visa either.

I am in the process of applying for permanent residency status. Can I still apply for a role?

Unfortunately not. You must have permanent residency status before you apply.

Should I apply for NAB's Graduate Program if I live outside Australia?

All Graduate roles are located in Australia. As long as you are an Australian or New Zealand citizen or hold permanent residency status, and you are willing to relocate to Australia to commence your role, then you can apply.