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Commonwealth Bank of Australia Overview

The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of August 2015 with brands including Bankwest, Colonial First State Investments, ASB Bank (New Zealand), Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure). Commonwealth Bank is also the largest bank in the Southern Hemisphere.
Commonwealth Bank of Australia is a well-established company. It was founded way back in 1911. This time-proven company loves to hire graduates from Fordham University, with 14.8% of its employees having attended Fordham University. Want to explore some other great places to work in New York, NY? You can check out our full list of Best Companies to Work For in New York, NY. The average employee at Commonwealth Bank of Australia makes $92,579 per year, which is competitive for its industry and location. Some of its highest paying competitors, Redwood Trust, Equinix, and Depository Trust & Clearing, pay $101,518, $95,317, and $91,796, respectively.
Commonwealth Bank of Australia is an industry leader with 51,800 employees and an annual revenue of $26.0B that is headquartered in New York, NY.

The Organization’s Mission

Our vision is to excel at securing and enhancing the financial wellbeing of people, businesses and communities. This builds on our customer-focused culture, our sense of responsibility, and our desire to keep getting better.

Industry

Bank

Revenue

$26.0B

Employees

51,800

Founded in

1911

Headquarters

New York, NY

Website

commbank.com.au

Organization Type

Public

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The Team At Commonwealth Bank of Australia

Key People
  • Catherine Livingstone (Chairman)
  • Fergus Ryan (Director)
  • Harrison Young (Director)
  • Ralph Norris (Executive Officer, Director)
  • David Craig (Executive Officer)
  • John Anderson (Director)
  • Carolyn Kay (Director)
  • Matt Comyn (CEO)
  • Andrew Mohl (Director)
  • Jane Hemstritch (Director)
  • Colin Galbraith (Director)
  • Laurie Tuzo (Manager)
  • Reginald Clairs (Director)
  • David Turner (Director)
  • David Cohen (Executive Officer)

What do people say about Commonwealth Bank of Australia

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Commonwealth Bank of Australia Rankings

Commonwealth Bank of Australia is ranked #46 on the Best Finance Companies to Work For in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Commonwealth Bank of Australia Salaries

How much does Commonwealth Bank of Australia pay?
The national average salary for a Commonwealth Bank of Australia employee in the United States is $92,579 per year. Employees in the top 10 percent can make over $162,000 per year, while employees at the bottom 10 percent earn less than $52,000 per year.
9.8
Salary Score
Average Employee Earnings

Commonwealth Bank of Australia Salaries By Job Title

The average employee at Commonwealth Bank of Australia earns a yearly salary of $92,579 per year, but different jobs can earn drastically different salaries. Some of the positions that earn high wages at Commonwealth Bank of Australia include head of human resources, director, infrastructure lead, and lead technician. A worker with the title head of human resources salary at Commonwealth Bank of Australia can earn an average yearly salary of $166,152. Some of the other roles at Commonwealth Bank of Australia are teller and customer service representative. A worker with the title teller at Commonwealth Bank of Australia earns an average salary of $27,134 per year.
Job Title
Title
ascdesc
Average Salarydesc
Head Of Human Resources
Salary Range148k - 186k$166k$166,152
Director
Salary Range115k - 176k$143k$142,907
Infrastructure Lead
Salary Range112k - 130k$121k$121,273
Lead Technician
Salary Range103k - 129k$116k$115,905
Finance Associate
Salary Range108k - 122k$115k$114,962
Head Operator
Salary Range95k - 136k$114k$114,375
Assistant To Vice President
Salary Range102k - 127k$114k$114,342
Senior Software Engineer
Salary Range97k - 129k$113k$112,570
Client Solution Executive
Salary Range90k - 134k$110k$110,259
Oracle Database Administrator
Salary Range92k - 118k$105k$104,551
$64k
$186k

Commonwealth Bank of Australia Careers

On average, employees at Commonwealth Bank of Australia stay with the company for 3.7 years. Employees most commonly join Commonwealth Bank of Australia after leaving Live Nation Entertainment. When they leave Commonwealth Bank of Australia, they most frequently get their next job at Bank of America.

Average Length of Employment

Northern Bank
3.9 years
E-Recycling
2.3 years

Top Employers Before Commonwealth Bank of Australia

IBM
10.6 %

Top Employers After Commonwealth Bank of Australia

Commonwealth Bank of Australia Employee Demographics

8.3
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Commonwealth Bank of Australia Employees Education

Of the 51,800 employees at Commonwealth Bank of Australia, 14.8% attended Fordham University. Employees at Commonwealth Bank of Australia most frequently majored in Finance, and most employees’ highest level of education is a Bachelors.

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Commonwealth Bank of Australia Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1911

Organization type

Public

Commonwealth Bank of Australia Financing Rounds

DateascdescAmountascdescSecurity Typeascdesc
Feb 12, 2010Debt
Feb 12, 2010
$30,000,000,000
$30,000,000,000
Debt
Debt

How Would You Rate The Company Culture Of Commonwealth Bank of Australia?

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Commonwealth Bank of Australia Competitors

Some of the competitors of Commonwealth Bank of Australia are Redwood Trust, Equinix, and Depository Trust & Clearing. The wages at Redwood Trust average higher than the other similar companies, where the median salary is $101,518 per year. The salaries at Equinix average $95,317 per year, and the salaries at Depository Trust & Clearing come in at $91,796 per year.
Companydesc
Average Salarydesc
Redwood Trust
Salary Range81k - 127k$102k$101,518
Equinix
Salary Range75k - 119k$95k$95,317
Depository Trust & Clearing
Salary Range74k - 113k$92k$91,796
Mascon Global Consulting
Salary Range73k - 110k$90k$90,049

Suncorp Corporate Credit Union

Salary Range71k - 111k$90k$89,606
Cetera Financial Group
Salary Range69k - 106k$86k$86,223

Templeton International

Salary Range67k - 106k$85k$84,650

Apollo Partners

Salary Range62k - 104k$81k$80,754
MarketAxess
Salary Range64k - 98k$80k$79,566
CBOE
Salary Range56k - 96k$74k$73,653
$33k
$127k

Frequently Asked Questions about Commonwealth Bank of Australia

When was Commonwealth Bank of Australia founded?

Commonwealth Bank of Australia was founded in 1911.

How many Employees does Commonwealth Bank of Australia have?

Commonwealth Bank of Australia has 51,800 employees.

How much money does Commonwealth Bank of Australia make?

Commonwealth Bank of Australia generates $26.0B in revenue.

What industry is Commonwealth Bank of Australia in?

Commonwealth Bank of Australia is in the bank industry.

What is Commonwealth Bank of Australia's mission?

Commonwealth Bank of Australia's mission statement is "Our vision is to excel at securing and enhancing the financial wellbeing of people, businesses and communities. This builds on our customer-focused culture, our sense of responsibility, and our desire to keep getting better."

What type of company is Commonwealth Bank of Australia?

Commonwealth Bank of Australia is a public company.

Who are Commonwealth Bank of Australia's competitors?

Commonwealth Bank of Australia competitors include E-Recycling, Northern Bank, Cboe Global Markets, State Bank of India, Depository Trust & Clearing, Apollo Partners, MarketAxess, Templeton International, AgFirst Farm Credit Bank, Equinix, NAIC, Sbi, Mascon Global Consulting, Fidelity Bank & Trust, Dean Bank, Redwood Trust, Renew Financial, Cetera Financial Group, Suncorp Corporate Credit Union, E-Data.

Who works at Commonwealth Bank of Australia?

Catherine Livingstone (Chairman)

Fergus Ryan (Director)

Harrison Young (Director)

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Updated July 8, 2021

Zippia gives an in-depth look into the details of Commonwealth Bank of Australia, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Commonwealth Bank of Australia. The employee data is based on information from people who have self-reported their past or current employments at Commonwealth Bank of Australia. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Commonwealth Bank of Australia and its employees or that of Zippia.

Commonwealth Bank of Australia may also be known as or be related to COMMONWEALTH BANK OF AUSTRALIA, COMMONWEALTH BANK OF AUSTRALIA NEW YORK BRANCH, Commonwealth Bank Of Australia, Commonwealth Bank of Australia and Commonwealth Bank of Australia New York Branch.