Commonwealth Bank's Career Comeback Program is helping even more professionals overcome the barriers of returning to the corporate workforce, as the Group's Chief Operations Office (COO) joins the Institutional Banking & Markets (IB&M) division in offering roles for the 2025 cohort.
Entering its fifth year, CBA's Career Comeback program aims to help individuals who have taken a career break of two years or more to transition back into the workforce at a mid-to-senior level.
The 2025 program has been expanded to more than double the size of past intakes, offering roles across business operations, product management, institutional banking coverage, markets and project management. The paid, 12-week program includes a comprehensive induction process, coaching and technology upskilling, with the potential for successful participants to roll into a permanent position with the institutional bank or the chief operations office.
"We know a team that is diverse in skills, experiences and perspectives is stronger and more capable and brings greater value to our clients. I'm proud to see our Career Comeback initiative expand to Group COO and support even more experienced professionals to return to a rewarding career in banking, markets and operations," said Andrew Hinchliff, Group Executive IB&M at CBA.
"Our people are our point of differentiation and are core to our strategy and our success. With the expansion of Career Comeback across COO, I hope to empower future leaders to consider a career in CBA where they can make a real difference for our customers," said Sinead Taylor, Chief Operations Officer at CBA.
Jo Reardon participated in IB&M's Career Comeback program in 2021 - the first year of the initiative. Ms Reardon had stepped away from a career in institutional foreign currency sales in 2016 and was looking for options to return to the finance sector in late 2020 when she came across CBA's program.
"I wanted to go back into banking, but with more flexibility than the client-facing sales roles I'd had in the past, and an operating office role was that perfect middle ground for me," she said, adding that being part of the Global Markets Chief Operating Office team leveraged her experience of currency markets and supporting institutional customers.
Today, Ms Reardon works as a Director in the Global Markets Sales Chief Operating Office, delivering strategic initiatives and projects to support the Markets sales team with serving the bank's wholesale clients.
"I encourage anyone considering re-entering the workforce to apply for this program. There's a lot of recognition of the skills and experiences people develop away from a corporate context, and that they translate well into a professional environment, and you get the benefit of being part of a cohort who are in the same boat navigating that transition back into the workplace and helping each other bridge any gaps in technology or new systems and processes," she said.
Applications for the 2025 Career Comeback Program are now open and close on 1 November 2024. Successful candidates of the program will commence in March 2025.
