Summer Intern Review

As an intern I shadow and assist team activity and assigned projects. Key experience gained includes: • Reviewing and assessing whether products and procedures comply with the Financial Conduct Authority’s regulatory requirements. An example is reviewing the repricing policy for a Nationwide product to ensure compliance with the FCA’s principles; namely Principle 12 the Consumer Duty to support vulnerable members. • Regulatory research and insight gathering to produce high-level easy to engage with, clear and concise Digests of regulatory changes for senior stakeholders and business functions. An example is summarising the new regulatory regime for the reasonable provision of cash deposit and withdrawal services. • Reviewing pricing proposals ahead of formal governance to consider regulatory and conduct risks, collaborating with team members to inform upward briefing points.

I have developed my analytical, problem solving and attention to detail skills. I have learnt stakeholder engagement skills.

I was set a research project so I was given responsibility to set up internal meetings to progress with my research.

I received a lot of support and guidance. My line manager was amazing, we had weekly catch-ups to check my progress and how I was finding everything and if I understood everything. I also had weekly sessions with some other members of my team to ensure I completely understood Compliance.

The company culture is incredible. If you have a question or query everyone is ready to assist in any possible way. Also I liaised with people from different functions and they were very helpful and supportive in giving me career advice. In general the atmosphere is very friendly and welcoming.

I thoroughly enjoyed myself. I did not have previous exposure to working within financial services so I found that I was learning something new everyday. I feel as though this internship has really broadened and diversified my skillset.

Yes

If you are unsure whether to apply for a role within financial services because it is not a typical role for your academic background I suggest just applying. I am a law graduate and the most typical route for me is to go to a law firm but working at Nationwide has given me much more legal exposure and responsibility than a law firm would.