Bank targets UNSW graduates for China

Mandarin speaking graduates from Banking and Finance at the Australian School of Business have been the targets of a major recruitment drive by the Commonwealth Bank of Australia (CBA).

CBA's International Finance Services Group recently sought out UNSW graduates for jobs in mainland China in credit risk analysis, general bank risk management, and lending.

Sixteen students from UNSW's Master of Commerce, Master of Finance and Bachelor of Commerce programs successfully conducted interviews with the CBA and will be recommended for further interviews in mainland China.

The drive for Mandarin speaking finance graduates has been sparked by CBA's holdings in Chinese banks. It has taken a 19.9% stake of Hangzhou City Commercial Bank, an 11% stake in Jinan City Commercial Bank, and has taken over the Shanghai Mortgage Banking Business of Macquarie Bank.

Vic Edwards, Director of UNSW's Asia Pacific Financial Research Centre, said the employment drive demonstrated the constant high demand for UNSW Banking and Finance graduates.

"CBA considered this exercise a huge success and will repeat the process in the future. This is certainly a win/win position for both UNSW and the CBA," Mr Edwards said.

The CBA is to conduct a similar recruitment push for mainland Vietnam and India.