Finance & Treasury Industrial Placements

Finance & Treasury Industrial placements

We’re looking for individuals who are highly numerate, passionate about analytics, enjoy working in a fast-paced environment and have a desire to make a difference.

The Finance function are offering numerous 12-month industrial placement opportunities that will help complement your university studies. Each role will be a hybrid working opportunity in a team located in either our Swindon Head Office or London location. There are opportunities for both locations with each role pathway. Whichever pathway you apply for, you will be expected to be in one of these offices 2-3 times a week.  

What you’ll be doing

If you’re ambitious and driven to succeed, you’ve come to the right place. This is a real job, and you’ll have the opportunity to contribute from Day 1. Attention to detail and an eagerness to find solutions are key to succeeding as you’ll be working on important deliverables for the Society, ensuring we spend our members’ money wisely, whilst pushing for better by improving efficiency and productivity in everything we do.

Building and maintaining strong working relationships will give you a firm foundation to tackle complex and sometimes ambiguous challenges. If you can take these challenges in your stride, remain well-organised, resilient, and open to feedback, you’ll quickly stand out as someone with long-term potential.

We have 3 pathways available for your application that complement our skills-based talent program, which, if successful in your Industrial Placement year you could be offered a role upon.

Overview of each pathway

Financial Reporting

This team is responsible for Nationwide’s financial reporting, including the Annual Report and Accounts, as well as a range of regulatory financial reporting. They oversee Nationwide’s accounting approach, ensuring it’s in line with accounting standards and based on appropriate judgements and are also responsible for the more complex accounting areas, such as treasury activities and loan loss provisions. The team also includes a reconciliation function and a separate team for tax calculations and reporting.

On the Financial Reporting pathway, you could be working in any of these teams:

• Financial Reporting
• Financial Controls and Operations

Treasury

The Treasury team makes sure Nationwide stays financially safe, secure, and sustainable. The team operates key functions such as managing various balance sheet risks such as our liquidity and capital positions, raising wholesale funding from financial counterparties and hedging our balance sheet (e.g. interest rate and foreign exchange risk), .

Within the Treasury pathway, you could be working in at least two of the following areas:

• Balance Sheet Risk
• Recovery & Resolution
• Operations and Strategic Development
• Sustainability & Investor Relations

Financial Management

The Financial Management pathway consists of our business partnering teams and our Financial Planning and Stress Testing (FP&ST) team. We have three business partnering teams in Finance and their role is to partner with different parts of the Society to provide financial information, insight, analysis, and challenge. These teams work incredibly closely within their areas and various stakeholders, supporting them to achieve their goals and objectives but also bringing a good degree of commercial challenge.

The FP&ST team are responsible for producing the 5-year financial plan including the cost plan and developing the relevant stress scenarios to test the Society's resilience within diverse macroeconomic and market stresses. The team also help to manage Society's in-year performance including the reporting of a balanced scorecard to the Board and meeting cost & efficiency targets.

On the Financial Management pathway, you could be working in areas including:

• Financial Planning and Stress Testing
• One of our Business Partnering teams – Retail Business Partnering, Mortgages and Financial Wellbeing Business Partnering, or Chief Operating Office Business Partnering

About you

This role is all about delivering for the Society whilst experiencing a working environment, so you’ll need to have:

• A high level of numeracy and IT literacy.
• The ability to use your analytical skills to come up with solutions and ideas.
• An inquisitive mind and an aptitude for problem solving.

We will also be looking for:

• Great communication and collaborative skills.
• The ability to plan and deliver work with attention to detail.
• Determination and drive to make a difference.

Our Customer First behaviours are all about putting customers and members at the heart of how we work together. You can strengthen your application by showing the behaviours that resonate with you, and how you might have already demonstrated these.

• Say it straight- This is about being honest and direct with good intent and saying what needs to be said in the room. It’s also about being clear, precise, and using language that we and, importantly, our customers and members can understand.
• Push for better- This is about aiming high and constantly looking for better in how we work together and serve our customers and members.
• Get it done- This is about prioritising what will have the greatest impact, being decisive and taking accountability for delivering on the end-to-end outcome.

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

• A 12-month placement from Sept 2024 – Sept 2025 
• A real job – you’ll be contributing to the organisation while you learn 
• A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
• Up to 2 days of paid volunteering a year
• Life assurance worth 8x your salary
• A great selection of additional benefits through our salary sacrifice scheme
• Access to an annual performance related bonus
• Access to training to help you develop and progress your career
• 25 days holiday

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.

We’ll send you our online assessments to complete and there will also be a short video interview to find out more about you. If you are successful, you’ll then be invited to attend one of our virtual assessment centres which run in January.

For more information on our application process and useful hints and tips, please visit: Application Hints and Tips | Nationwide Jobs (nationwide-jobs.co.uk)

If you have any further questions, please contact us at Emerging.Talent@nationwide.co.uk

Good luck!

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