Graduate Trainee - Risk Modelling Specialist

NatWest Group; Gogar; On-site; GBP 36,000 - 42,000; Full time

Job summary

A leading financial institution in Scotland is offering a graduate trainee position in Risk Modelling. The role involves developing coding and modelling skills, designing risk models, and gaining insights from historical data. Candidates should hold, or be on track for, a 2:1 degree in a STEM subject. The starting salary is £36,000 with additional flexible benefits.

Benefits

Flexible benefits package

Exposure to executive committee

Learning opportunities through academy

Qualifications

• Good analytical skills are essential.
• A growth mindset and desire for continuous learning are required.
• Ability to think strategically is important.

Responsibilities

• Develop coding and modelling skills.
• Analyse and interpret historical data.
• Design, build, and validate risk models.

Skills

Analytical skills

Problem-solving

Team collaboration

Strategic thinking

Education

2:1 in a STEM subject

Job description

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, 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 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 £36,000 a year. And on top of your salary, you’ll have access toour 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 two years your programme will end, and we’ll support you to apply for your next job. Past graduates have been successful in applying for jobs such as Risk Model Analyst.

Entry requirements

To be eligible for our Risk graduate programme, you’ll need:

• Tohave, 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

Ready to apply?

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!

Not all of our graduate programmes offer Skilled Worker sponsorship. We will only offer sponsorship if there is a business requirement to do so and the job meets Skilled Worker Visa eligibility criteria.

Have another question?

Head over to our Applying and eligibility support page now for answers to some of our most commonly asked questions.