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Higherin

Corporate Graduate (Risk) Review

at Nationwide

Placement (10 Months+)

Retail Banking

London

Review Submitted: August 2024

Overall Rating

4.1 /5

The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!

4/5 - Overview of Role
3.8/5 - Skills Development
5/5 - Support and Guidance
4.5/5 - Company Culture
3.5/5 - Overall Experience
4/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
Controls Testing: wrote test scripts for and completed operational effectiveness testing for business controls in the Economic Crime and Specialist Services space.
Audit: completed operational effectiveness testing and supporting documentation for audits into Treasury processes and 2nd-Line Oversight.
Financial Risk Modelling: analysis of model performance in quarterly monitoring rounds, and supporting model redevelopment projects using SAS and Excel.
Were you given much responsibility during your placement / internship?
Was given responsibility for managing tasks, and I volunteered myself for extra small projects in certain placements. Generally however, no, as the focus was much more on developing the critical knowledge required to perform the functions of the team well - especially given that I was only there for eight months at a time.
Please rate how meaningful the work you were doing was
4/5

Skills Development

Have you learnt any new skills, or developed your existing skills?
Developed Excel skills from beginner to intermediate level.
Learnt SAS from scratch and now up to a lower-intermediate level.
How would you rate the training provided during your experience?
3/5
How would you rate your development of industry-specific skills during the experience?
4/5
How would you rate your development of personal / soft skills during the experience?
4/5
Please rate how these skills have helped you in your career development
4/5

Support and Guidance

How much support and guidance did you receive during your placement / internship?
I received a lot of support from the managers and colleagues of the teams that I was undertaking the placement in. They were very professional but approachable and had a good attitude to onboarding graduates into their teams.
I received support from one individual from the Risk team who were overseeing my graduate scheme journey as a whole. The good intention was there but the communication at times was very poor.
I received no meaningful guidance from the HR-function-based team who were responsible for overseeing the graduate scheme as a whole.
How would you rate the support and guidance from your line manager?
5/5
How would you rate the support and guidance from the wider team?
5/5

Company Culture

What was the company culture and general atmosphere like?
Company Culture Pros:
- Results orientated rather than timesheet orientated
- A lot of trust between managers and their direct reports
- Friendly and approachable colleagues
- Colleagues really do care about providing the best service for members/customers
Company Culture Cons:
- Distinct lack of interest from many colleagues (not all) in coming into the office - a lot of complaining about having to come in two days a week
- A lot of excuses about why they 'can't afford' to upskill colleagues in new technologies etc., despite strong financial results.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the social opportunities?
3/5
How would you rate the diversity initiatives?
5/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
5/5

Overall Experience

To what extent did you enjoy your placement / internship?
I enjoyed my graduate scheme because of the positive and constructive approach of my colleagues and team leaders to the work that they do and towards having a graduate on the team. I enjoyed the scheme the most when I was learning new skills, rather than just repeating skills learned in a previous team.
The graduate scheme events were the only part of the scheme that I did not enjoy, as they did, in my view, not focus on skills that would actually benefit an early careers professional in the workplace.
Please rate your level of enjoyment on your placement / internship
4/5
Please rate how your experience met your expectations
3/5

Future Career Prospects

Please rate the future employment prospects at Nationwide
4/5

Recommendations & Advice

Would you recommend Nationwide to a friend?
Yes
What advice would you give to others applying to Nationwide
If you are applying directly for a role in data - brush up on basic maths skills.
If you are applying for an internship/industrial placement or other development scheme, the criteria for success is unclear, so just do the best that you can do.
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