In Risk, our role is to make sure we're doing the right thing as an organisation, for our people and our customers. Risk management allows us to strike a balance between taking risks and reducing them.
It's our responsibility to manage risk across the bank, ensuring we have the right culture, strategy, and rules in place. We also manage interactions with key regulators, providing trusted advice to the colleagues who serve our customers.
Your graduate journeyAs a graduate trainee Modelling Specialist in Risk, you get the best possible start to your career as we’ll equip you with the knowledge, skills, and experiences you’ll need to make a significant impact through your work.
Over the course of this two-year programme, you can expect to:
- Develop highly sought-after coding and modelling skills
- Explore new technology developments, emerging regulations, and new strategic risks
- Discover how to analyse and interpret historical data
- Design, build, and validate risk models
- Accelerate your risk modelling capability with hands on experience in the world of credit risk models and intendent model oversight
- Understand how to identify, analyse, and report risks
- Learn from industry experts and immediately apply your learnings
We’ll reward you with a starting salary of £37,500 a year. And on top of your salary, you’ll have access to our flexible benefits package.
You can also look forward to:
- Gain meaningful exposure to senior leaders across the organisation
- Enriching your learning through our NatWest Group Academy
- Accelerating your business partnering and stakeholder management capability
- Mastering your ability to influence change and challenge the status quo
- Expanding your global professional network
- Growing your confidence, building your resilience, and elevating your presence
- Experiencing first-hand what it’s like working in a purpose-led organisation
At the end of two years, your programme will end, and we’ll support you to apply for your next job. Past graduates have been successful in applying to Risk Modelling Analyst roles.
Entry requirementsTo be eligible for our Risk Modelling graduate programme, you’ll need:
- To have, or be on course to achieving a 2:1 in a STEM subject for your degree, preferably in a strong numerical discipline
- An interest and experience in using programming languages
- An understanding of statistical techniques, and how they are applied
- A growth mindset and passion for learning
- To be a keen problem solver
- Good analytical skills
- To enjoy collaborating and working as part of a team
- The ability to think strategically
The application window for this programme will be open until we receive enough applications to fill our cohort. When that happens, we’ll close the programme to new applications. It’s important to take the time to make sure you’re making the right decision about the programme you want to apply for (you can only apply for one programme) but please complete your application as soon as you can to make sure you don’t miss out!
Have another question?Head over to our ‘Applying and eligibility support’ page now for answers to some of our most commonly asked questions.
Hours
35Job Posting Closing Date:
Job Posting Closing Date is not yet published.Ways of Working:HybridSkills Required
- Achieving or expected to achieve a 2:1 degree in a STEM subject, preferably a strong numerical discipline
- Interest and experience in using programming languages
- Understanding of statistical techniques and their application
- Growth mindset and passion for learning
- Strong problem-solving ability
- Good analytical skills
- Ability to collaborate and work as part of a team
- Strategic thinking ability
NatWest Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NatWest Group and has not been reviewed or approved by NatWest Group.
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Flexible Benefits — A flexible ValueAccount structure with pension and benefit funding allows tailoring of health, protection, lifestyle, and savings options, with unused amounts typically paid as cash. This flexibility supports personalisation of coverage, particularly in Great Britain where the framework is most detailed.
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Retirement Support — Employer-funded pension contributions are provided on top of salary in Great Britain, alongside automatic retirement enrollment and share/save programs. This creates structured long‑term wealth support as part of total reward.
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Parental & Family Support — UK policies outline extended maternity, adoption and equal partner leave on full pay with a phased return, plus paid neonatal care leave. These provisions are positioned as market‑leading and complement broader flexibility resources.
NatWest Group Insights
What We Do
We’re a business that understands when our customers and people succeed, our communities succeed, and our economy thrives. As part of our purpose, we’re looking at how we can drive change for our communities in enterprise, learning and climate. As one of the leading supporters of UK business, we’re prioritising enterprise as a force of change. We’re focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these. Learning is also key to our continued growth as a company in an ever changing and increasingly digital world. By setting a dynamic and leading learning culture, our people prosper, and our customers are given the tools to continue to improve their financial capability and confidence. One of the biggest challenges we all face in our future is climate change. That’s why we’ve put it right at the core of our purpose. We want to champion climate solutions with financing and entrepreneurial support, fully embed climate into our culture and decision making, and be climate positive by 2025. We’re committed to using our purpose to break down barriers, drive change and ultimately create a great place to work.
