National Australia Bank
Working at National Australia Bank
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Overall Rating
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21% below
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Critically rated for
Promotions, Work satisfaction, Skill development
Work Policy
![Hybrid](https://static.ambitionbox.com/static/icons/forms/suitcase.png)
![Monday to Friday](https://static.ambitionbox.com/static/calender.png)
![Strict timing](https://static.ambitionbox.com/static/clock.png)
![No travel](https://static.ambitionbox.com/static/travel.png)
About National Australia Bank
We serve the financial needs of our Australian, New Zealand and global customers.
We’re here to be the most customer-centric company in Australia and New Zealand.
NAB's workforce is made up of more than 38,000 colleagues globally, supporting more than eight and a half million customers in Australia and overseas across: personal accounts, small, medium and large businesses, private clients, government and institutional activities.
We became NAB when the National Bank of Australasia (est. 1858) merged with the Commercial Banking Company of Sydney (est. 1834) on October 1, 1981.
Our scale and connectivity help us to tackle some of the biggest challenges facing our business and community. We're focusing on taking climate action, supporting affordable and specialist housing and backing Indigenous businesses.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.0/5 based on 245 reviews | 4.0/5 based on 37.8k reviews | 3.9/5 based on 39.1k reviews | 3.8/5 based on 3.8k reviews |
Highly Rated for | No highly rated category | Job security Skill development Company culture | Job security Skill development | Job security Salary |
Critically Rated for | Promotions Work satisfaction Skill development | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Hybrid 88% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.1 Average rated by 73 women | 3.9 Good rated by 10k women | 3.7 Good rated by 8.1k women | 3.8 Good rated by 806 women |
Rating by Men Employees | 3.1 Average rated by 167 men | 4.0 Good rated by 26.1k men | 3.9 Good rated by 29k men | 3.8 Good rated by 2.6k men |
Job security | 3.2 Average | 4.1 Good | 4.0 Good | 4.1 Good |
National Australia Bank Salaries
Analyst
Senior Associate
Analyst 1
Senior Analyst
Associate Vice President
Senior Vice President
Engineering Analyst
Senior Consultant
Data Engineer
Assistant Vice President
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National Australia Bank News
NAB backs Harness in developer productivity drive
- National Australia Bank (NAB) has adopted the Harness CI/CD and GitOps tooling to standardize software deployment to the cloud.
- The platform is used by over 2000 developers at NAB on a daily basis.
- Harness aims to remove developer toil and make the development process more automated and streamlined.
- The bank has seen benefits including compliance to software standards, reduction in build failures, decreased build times, and improved deployment frequency.
![NAB backs Harness in developer productivity drive](https://i.nextmedia.com.au/News/NAB_aws.jpg)
PayTo Goes Live on Amazon Australia, Thanks to Banked and NAB Collaboration
- Banked and National Australia Bank (NAB) have collaborated to launch PayTo payment option at Amazon Australia.
- The partnership aims to promote the account-to-account (A2A) payment method and familiarize customers with Pay by Bank.
- Customers can make direct bank-to-bank transactions on Amazon.com.au without the need for card details.
- The collaboration between Banked, NAB, and Amazon will position Australia as a global leader in account-to-account payments.
![PayTo Goes Live on Amazon Australia, Thanks to Banked and NAB Collaboration](https://thefintechtimes.com/wp-content/uploads/2022/03/australia-fintech-.jpg)
NAB business survey: How SMEs are doing right now
- The latest NAB Business Survey shows a resilient Australian economy, although certain states and industries face challenges.
- Queensland and NSW report favorable business conditions, while Western Australia sees a dip primarily driven by transport and utilities sectors.
- Retail businesses show positive business conditions, while transport and utilities sectors struggle due to higher energy costs.
- Overall, the economy and labor market remain resilient, but SMEs should monitor state-specific trends and manage rising input costs.
![NAB business survey: How SMEs are doing right now](https://backend.dynamicbusiness.com/wp-content/uploads/2024/12/db-2-4.jpg)
NAB CEO predicts multiple interest rate Cuts in 2025
- NAB Group CEO, Andrew Irvine, predicts multiple interest rate cuts from the Reserve Bank of Australia (RBA) in 2025.
- Irvine expects the RBA to reduce the cash rate three times this year, starting with the first cut expected in May.
- A gradual reduction in interest rates would provide relief to homeowners and businesses, improving household budgets and economic conditions.
- NAB's prediction aligns with expectations from Westpac and ANZ, while Commonwealth Bank anticipates an even earlier rate cut in February.
![NAB CEO predicts multiple interest rate Cuts in 2025](https://backend.dynamicbusiness.com/wp-content/uploads/2025/01/New-NAB-CEO-Andrew-Irvine-8-2-scaled.jpg-2.webp)
Australia's Big 4 banks 'exit' thousands of suspected mule accounts
- Australia's 'Big 4' banks - CBA, NAB, ANZ and Westpac - flagged and/or 'exited' thousands of bank accounts in the last financial year.
- The banks utilized AI and other anti-scam detection capabilities to identify and investigate suspicious accounts.
- The use of technologies like BioCatch aided in proactively identifying and blocking potential mule accounts.
- Improved bank detection and prevention measures resulted in a decrease in scam-related funds and customer losses.
![Australia's Big 4 banks 'exit' thousands of suspected mule accounts](https://i.nextmedia.com.au/News/scam_call.jpg)
More Than Half of US Companies Use Real-Time Payments
- More than half of American companies are already using the RTP network and the FedNow Service.
- International advancements in real-time cross-border payments allow for instant transfers.
- QR codes and NFC technology are being used to simplify real-time payments.
- Real-time payments offer advantages for businesses and consumers, making transactions faster and more efficient.
![More Than Half of US Companies Use Real-Time Payments](https://www.pymnts.com/wp-content/uploads/2024/11/real-time-payments.jpg)
NAB starts tailoring the output of its AI pair-programming
- National Australia Bank (NAB) plans to triple the number of engineers using the AI pair-programming service Amazon Q Developer in FY25.
- NAB has steadily increased its user base for Q Developer, reaching 1000 developers in production environments by late June.
- The bank is utilizing customizations in Q Developer, allowing it to conform to internal libraries, proprietary algorithms, and enterprise code styles.
- NAB has also used Q Developer to upgrade Java-based applications to new language versions and is interested in exploring new capabilities and previews added at AWS re:Invent 2024.
![NAB starts tailoring the output of its AI pair-programming](https://i.nextmedia.com.au/News/Paul_Roney_NAB.jpg)
NAB tech spending drives up capex
- National Australia Bank (NAB) spent $548 million on technology infrastructure during FY24 as part of its ongoing modernisation push.
- NAB's infrastructure investments increased by $34 million or 6.6%, reflecting continued investment in technology resilience and simplification.
- The investments included building data platform, cyber security, and cloud migration, with NAB renewing its agreement with Amazon Web Services.
- Overall, NAB's investment spending and capitalised software reached $1.6 billion in FY24, with a focus on technology and compliance capabilities for fraud and cyber security.
![NAB tech spending drives up capex](https://i.nextmedia.com.au/News/20241107021658_NAB.jpg)
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