Risk & Governance Industrial Placement - Risk

This 12-month Industrial Placement in Risk & Governance offers a fantastic opportunity to gain hands-on experience in the banking sector. You will contribute to meaningful business outcomes while developing practical skills, building confidence, and gaining insight into how effective governance and decision-making support a large organisation. You'll broaden your network, work with experienced professionals, and discover potential career paths.

Where you'll be working

You will join a specialist risk and governance team within the Risk function, contributing to Nationwide's safe, responsible, and effective operations. Your work will involve supporting regulatory compliance, protecting the organisation from economic crime, or overseeing operational risks. You will gain practical experience in how large organisations manage risk, strengthen governance, and make informed decisions.

What you'll be doing

This is a 12-month programme designed for practical experience, professional development, and real workplace learning. You will contribute to meaningful work from day one, with support for your learning and growth. The placement includes an induction, development support, and structured learning. You will also join a 10-month collaborative project with other Industrial Placement students.

Your placement will be in one of three specialist areas:

• Compliance and Regulatory Affairs: Navigating the regulatory landscape, providing advice, challenging decisions, and ensuring products and services lead to good customer outcomes. This team also manages engagement with regulators.
• Economic Crime: Protecting Nationwide, its members, and their money from financial crime by setting policies, providing advice, and overseeing controls related to fraud, anti-money laundering, sanctions, bribery, and corruption.
• Operational Risk Oversight: Providing independent oversight and challenge to ensure operational risks are identified, assessed, and managed effectively, with a focus on technology, resilience, and governance.

You will develop transferable skills in communication, stakeholder engagement, problem-solving, analysis, and continuous improvement. Opportunities to support strategic projects will also be available.

Who we're looking for

We are seeking curious, motivated individuals who enjoy problem-solving, learning new skills, and teamwork. You should be determined to push for better and prioritise customers. An interest in governance, risk management, regulatory interpretation, and business improvement is essential. You should be confident in problem-solving, challenging existing ways of working, and curious about organisational decision-making and performance improvement. Ambition, a logical and methodical approach, strong relationship-building skills, drive, high performance, and a commitment to learning are also key.

Eligibility: You must be studying towards an undergraduate degree in any discipline.

The extras you'll get

• Structured learning, personalised development, and hands-on experience.
• 25 days holiday each year, increasing over time to 30, with the option to buy up to 10 extra days.
• Opportunity to earn an annual bonus based on performance.
• Private medical insurance.
• Wellhub access for fitness and wellbeing, plus free on-site gyms at selected locations.
• A highly competitive pension.
• Additional benefits through a salary sacrifice scheme.
• Up to 14 paid hours each year for volunteering.
• Life assurance.

Location

This role offers hybrid working. You will spend at least two days per week based at our Swindon or Glasgow offices.

Application Process

Click ‘Apply Now’ to answer a few quick questions. You will then be sent online assessments and a short video interview. Successful candidates may be invited to an assessment centre in January 2027.

Visa Sponsorship: VISA Sponsorship cannot be offered on this programme. All successful applicants will need to demonstrate their right to work in the UK without requiring sponsorship.