Here’s an overview of the GBM Finance Programme at RBS (now NatWest Group), formatted in HTML:
NatWest Group (formerly RBS) – GBM Finance Programme
The Global Banking and Markets (GBM) Finance Programme at NatWest Group is a highly competitive graduate scheme designed to develop future leaders in finance within the bank’s investment banking arm. It offers ambitious graduates the opportunity to gain hands-on experience across various areas of finance, contributing to the strategic decision-making process and overall financial health of the organization.
Programme Structure and Rotations
The programme typically spans two to three years and is structured around a series of rotations, usually lasting six months each. These rotations expose graduates to a broad spectrum of financial functions within GBM, such as:
- Product Control: Ensuring the accuracy and integrity of the bank’s trading activities, managing risk, and validating pricing models.
- Financial Control: Producing financial statements, managing the general ledger, and ensuring compliance with accounting regulations.
- Treasury: Managing the bank’s liquidity, funding, and capital resources.
- Business Finance: Providing financial analysis and support to specific business lines within GBM, helping to drive profitability and growth.
- Regulatory Reporting: Preparing and submitting reports to regulatory bodies, ensuring compliance with regulatory requirements.
- Capital Management: Analyzing and managing the bank’s capital adequacy.
Training and Development
NatWest Group invests heavily in its graduates’ development. The programme includes a combination of formal training, on-the-job learning, and mentoring. Graduates often pursue professional qualifications, such as CIMA or ACCA, with the bank’s support. Training covers technical finance skills, as well as broader business acumen, leadership development, and communication skills.
What They Look For
The GBM Finance Programme is highly selective. NatWest Group seeks graduates with a strong academic record, typically in a finance-related field (e.g., Accounting, Finance, Economics, Mathematics). However, they also consider candidates from other disciplines who demonstrate a strong aptitude for finance. Key attributes include:
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- A proactive and results-oriented approach
- A keen interest in financial markets
- The ability to work effectively in a team
- A commitment to ethical conduct
Career Progression
Upon successful completion of the programme, graduates are typically placed into permanent roles within GBM Finance. The skills and experience gained during the rotations provide a solid foundation for career advancement. Graduates may progress into roles with increasing responsibility, such as financial controller, business analyst, or project manager. The programme is designed to cultivate future leaders within the NatWest Group finance function.
Benefits
The programme offers a competitive salary and benefits package, including health insurance, pension plan, and paid time off. Graduates also have access to a wide range of employee benefits and development opportunities.