Job Description
If you're ambitious, curious and enjoy solving problems, our Risk & Governance Industrial Placement provides an exciting opportunity to gain hands-on experience while exploring a future career in banking. This placement offers an opportunity to develop practical skills while contributing to meaningful business outcomes. The experience is designed to help you build confidence, apply your learning and gain valuable insight into how effective governance and decision-making support a large organisation. Along the way, you'll broaden your network, work with experienced professionals and discover where your interests might take you after university. Looking for a rewarding career in banking? Good things this way. Where you’ll be working You'll join one of our specialist risk and governance teams within the Risk function, helping ensure Nationwide operates safely, responsibly and effectively for its customers and members. Whether you're supporting regulatory compliance, helping protect the organisation from economic crime, or providing oversight of operational risks, you'll gain hands-on experience of how large organisations manage risk, strengthen governance and make informed decisions. Working alongside experienced professionals, you'll contribute to meaningful work while developing valuable skills in analysis, problem solving, stakeholder management, business improvement and emerging technologies, including AI. Location At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected. For this job you'll spend at least two days per week, based at our Swindon, London or Glasgow offices. What you'll be doing on our Risk & Governance Industrial Placement Our Risk & Governance Industrial Placement is a 12-month programme designed to combine practical experience, professional development and real workplace learning. This isn't a placement spent watching from the sidelines. From day one, you'll contribute to meaningful work while receiving the support needed to learn and grow. Your placement begins with induction, development support and structured learning designed to help you settle in, build confidence and understand the role you'll be performing. Alongside this, you'll join a 10-month collaborative project with other Industrial Placement students from across Nationwide. Throughout the placement, you'll gain hands-on experience while following a personalised learning pathway tailored to your role. Workshops, simulations and on-the-job learning will help you continue developing your skills and confidence. As an Industrial Placement student in Risk, you'll spend your placement in one of three specialist areas: Compliance and Regulatory Affairs, Economic Crime, or Operational Risk Oversight. Whichever team you join, you'll gain hands-on experience, develop a strong understanding of risk and governance, and contribute to work that helps protect both our customers, members and our business. Compliance and Regulatory Affairs This team helps Nationwide navigate a complex and evolving regulatory landscape. They provide expert advice and challenge to ensure regulatory requirements are understood, risks are effectively managed, and products and services lead to good customer outcomes and meet regulatory expectations. They also lead and coordinate Nationwide's engagement with regulators, helping maintain consistent, open and cooperative regulatory relationships. Economic Crime This team helps protect Nationwide, its members and their money from financial crime. They set policies and standards, provide specialist advice, and oversee controls relating to areas such as fraud, anti-money laundering, sanctions, bribery, and corruption. Operational Risk Oversight This team provides independent oversight and challenge to ensure operational risks are identified, assessed, and managed effectively. With a strong focus on technology, resilience, and governance, they help ensure robust controls are in place to support the safe running of the business. Along the way, you'll develop transferable skills in communication, stakeholder engagement, problem solving, analysis and continuous improvement. There will also be opportunities to support strategic projects and contribute to initiatives that improve how Nationwide manages risk and governance. Who we're looking for on our Risk & Governance Industrial Placement We're looking for curious, motivated people who enjoy solving problems, learning new skills and working with others. You'll share our determination to push for better and put customers first in the decisions you make. Whatever your route, this placement will help you gain valuable experience while exploring where a future career in governance, risk and business improvement coul