Risk Modelling - Graduate Trainee Programme 2025

Job Details

Risk Modelling - Graduate Trainee Programme 2025

Why Risk Modelling Specialism?

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.

Our world-class graduate programme

As a graduate trainee Modelling Specialist in Risk, we’ll give you the best possible start to your career by equipping 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 regulation and new strategic risks
• Discover how to analyse and interpret historical data
• Design, build and validate risk models
• Accelerate your risk modelling capability by completing a world class training programme
• Gain unique experience by delving into the world of credit risk, oversight and challenge
• Understand how to identify, analyse and report risks
• Learn from industry experts and immediately apply your learnings

What’s in it for you?

We’ll reward you with a starting salary of £35,000 a year. On top of your salary, you’ll also have access to our flexible benefits package. 

You can also look forward to:

• Benefiting from significant exposure to our executive committee
• 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-driven organisation

At the end of the programme, you’ll be well positioned to secure a job as a Risk Model Analyst.

Entry requirements

To be eligible for our Risk 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)
• 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

About NatWest

We’re more than just a bank. We're your partners in progress, dedicated to empowering individuals like you. We believe in the potential within everyone, and we're here to help you unlock it. From bustling cities to quiet communities, we're building a future where financial barriers don't exist. Together, let's think again and explore a new world of possibilities.

Discover a world of opportunities with us. We're a leading UK financial services group home to a diverse family of iconic brands, including NatWest, RBS, Coutts, and more.

Our approach:

• Ethnically diverse: It’s important that the diversity of our team reflects the diversity of our customers; we’ve set ourselves the goal of identifying, developing and appointing at least 14% Black, Asian and Minority Ethnic (BAME) leaders by 2025.
• Gender balanced: A gender balanced team is vital to our success and we're working towards a target of having women in 50% of our top level leadership roles by 2030.
• LGBT+ Innovative: Our goal is to deliver a better LGBT+ colleague and customer experience by continuously challenging the status quo. With insight, education and support we are working towards being an LGBT+ employer of choice.
• Disability smart: We're positively addressing the needs of disabled colleagues and candidates, and we’ve set ourselves the goal to be recognised externally as a disability smart organisation through our actions and internal initiatives

Our Graduate, Internship, and Insight Experiences offer structured learning tailored to your aspirations. We're committed to helping you find your perfect fit within our organisation. Whether you thrive in fast-paced environments or prefer a more strategic approach, we’ve opportunities to suit your unique skills and ambitions.

We believe in creating an inclusive workplace where everyone feels valued and supported. Our diverse teams bring fresh perspectives and drive innovation.

How to apply

To apply for this role and to find out more, please click on the apply button.

Please note that applications may close before the application deadline, so apply early to avoid disappointment.