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The Details

DΞΛDLINΞ IN

BΛCK

SUMMΞЯ INTΞЯNSHIPS 2024

 

 

  • Location(s): Nationwide House (Swindon), Northampton Office, 1 Threadneedle Street (London)
  • Salary: £21,840

Contract Type: Fixed Term Contract Ref: R00ET00543 Closing Date: 27 March 2024

Kickstart your career in banking with a Summer Internship at Nationwide.

Our Internships are a great opportunity to gain work experience, develop new skills, grow your network and gain learning that will last a lifetime. You’ll have the opportunity to find out what it’s like to work at Nationwide, discovering more about the work we do and the career opportunities available to you.

At Nationwide, we know how important it is that you’re able to thrive and reach your full potential. We’re committed to building an inclusive culture that makes this possible, and to be reflective of the diversity of the communities we serve. To help us achieve this aim, we are creating access to opportunities where we typically see under-representation in the financial services sector. Our internship programme is a part of this, enabling talented people who may not consider or see opportunity of a career in financial services to explore what it is we do and help us change the outlook for the future.

The programme will begin in July and run for 8 weeks. To get the best from your internship you’ll work in a hybrid pattern, with a minimum of 2 days per week in an office location.

We are offering paid internships in several of our business areas with office locations:

Finance (Swindon & Northampton), HR (Swindon), Technology,Risk, Brand & Marketing and Change (Swindon or London).

What you’ll be doing

Designed to build your knowledge, skills and network for a future career in banking you’ll join fellow interns to share the experience, supported by your manager who’ll provide advice and guidance along the way.

During the 8-week programme, you can look forward to:

  • Building business essential skills and experience that will help to make the most of your internship and set you up for your future career.
  • Learning about our mutual purpose, rich history and our blueprint for the future
  • Getting stuck into projects and tasks that provide an insight into your chosen business area
  • Connecting with experts and over 50 other interns to share experiences
  • Attend CV and cover letter workshops to help you capture and sell your experiences

About you

This role is all about building your knowledge, experience, and network for a future career in banking.  You’ll need to be motivated to learn and develop, have a desire to meet new people, and be curious to explore new experiences and ideas.

To apply you’ll need to:

  • Be currently attending or have an offer to start university from September 2024 in any degree or discipline.
  • Have the right to work in the UK
  • Be available from July 8th for 8-weeks
  • Meet the social mobility requirements for the programme. This is that your highest paid parent or guardian’s job is within our target occupation group* Applicable occupations are defined by the Social Mobility Commission as the below:
    • Technical and craft occupations such as: motor mechanic, plumber, printer, electrician, gardener, train driver.
    • Routine, semi-routine manual and service occupations such as: postal worker, machine operative, security guard, caretaker, farm worker, catering assistant, sales assistant, HGV driver, cleaner, porter, packer, labourer, waiter/waitress, bar staff.
    • Long-term unemployed (claimed Jobseeker’s Allowance or earlier unemployment benefit for more than a year).

*Main householder earner’s occupation categorisation is a national standard. For more details on why we ask this question and classification of occupations please see the Social Mobility Commission’s toolkit?

What makes us different

Nationwide is the world’s largest building society. With over 15 million customers, we have a relationship with almost a quarter of the UK’s population. We’ve got the scale to compete with the big banks, but we’re not a bank.

As a building society, we’re owned by our members – that’s our customers who have their current account, mortgage, or savings with us. It means we can do things differently to deliver our Purpose – Banking – but fairer, more rewarding, and for the good of society.

When you work at Nationwide, you can experience that difference for yourself. You’ll be part of a high-performing, purpose-driven organisation that offers rewarding career experiences and a highly competitive range of benefits to match. You’ll also be joining us at an important time as we seek to reach more and more people in the UK. We want everyone in the UK to know that they don’t have to bank with a bank. They can choose a modern mutual instead.

What to do next

  • If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.
  • Select your preferred business area – see below a brief summary of what each business area involves

Finance

Our Finance function ensure we spend our members money more wisely. Our teams include Treasury, Financial Reporting, Business Partnering, Financial Planning and Stress Testing, Strategy, Commercial and Future Capabilities and Operations.

We’ll provide an understanding of the basics of what we do within finance and will then get you involved with helping on a project. This may be getting involved in testing, looking at how we pull together and analyse data or reviewing our performance against our competitors.

Human Resources

Our People function play a critical role in evolving Nationwide to be a modern mutual, for the benefit of our customers. Responsible for over 18,000 colleagues across the Society the People function provides essential people services through the whole colleague lifecycle.

You’ll be fully integrated into the team and have opportunities to attend team meetings (both in person and virtual) You’ll shadow many of the team to learn from others and build new skills. Interns will get to see the breadth of the People function, it’s strategy, projects, as well as how we maintain critical relationships.

Risk

We help the Society to deliver the strategy in a safe and sustainable way for current and future members. Made up of Credit Risk, Enterprise Risk, Economic Crime, Financial Risk Oversight and Risk Modelling.

You’ll gain knowledge of the Risk function and experience of stakeholder engagement, working in a team, analysis of data and understand the risks faced by a building society.

Technology

As a modern mutual, technology plays a criterical role. As we embrace and expand new tech innovations there’s never been a more exciting time to be involved in tech.

Interesting valuable work and feedback from the manager you’ll be allocated to. Local mentoring and training provided to help you florish whilst on your placement.

Brand & Marketing 

Customer, Brand and Engagement aspire to be a best-in class customer function. We are accountable for our brand and reputation management, alongside performance marketing and communications to customers and stakeholders.

During this internship you could be working closely with teams to create holistic customer insight. Deliver presentations as well as support with planning marketing campaigns whilst working collaboratively across various business areas.

Change

The Chief Operation Office (COO) provides the engine behind introducing change at Nationwide. An opportunity to experience a fast paced, varied environment.

Interesting valuable work and feedback from the manager you’ll be allocated to. Local mentoring and training provided to help you flourish whilst on your placement.

  • We’ll send you our online assessments to complete. If you are successful, you’ll then be invited to attend an interview which will take place in April.

What is Social Mobility and why does this programme exist?

Social mobility is the link between a person’s occupation or income and the occupation or income of their parents. Research shows that someone’s socio-economic background (e.g. where they grew up, social class, the financial resources of their family, the type of school they attended, etc) can affect their career opportunities.

Research shows there is underrepresentation of people from working class backgrounds in Financial Services. We believe this internship will help contribute to addressing this and give individuals who may not have considered a career in financial services a high-quality experience and open up opportunity.

ΛPPLY

About Nationwide

Nationwide Building Society is a British mutual financial institution, the seventh largest cooperative financial institution and the largest building society in the world with over 16 million members. Its headquarters are in Swindon, England.

Nationwide is made up of around 250 different building societies. Among the most significant mergers were those with the Anglia Building Society in 1987 and the Portman Building Society in 2007. It is now the second largest provider of household savings and mortgages in the UK and has a 10.3% market share of current accounts for the 2021/2022 financial year.