At a Glance
- Tasks: Support behavioural risk reviews and conduct impactful research using behavioural science.
- Company: Join a leading bank focused on innovative risk management and customer outcomes.
- Benefits: Enjoy a fully funded part-time master's programme while gaining real-world experience.
- Why this job: Combine your passion for behavioural science with practical applications in a dynamic team environment.
- Qualifications: Pursuing an undergraduate degree in behavioural science; experience in research is a plus.
- Other info: This role does not meet Skilled Worker visa sponsorship requirements.
The predicted salary is between 28800 - 48000 £ per year.
Join us as a Behavioural Risk Graduate. This tailored graduate scheme offers a fully funded part-time masters in a Behavioural Science related course, while working in a fast-paced and varied role where you can apply your academic learnings in a real-world setting.
You’ll be using behavioural science theory and research methods to provide novel, impactful, and rigorous insights to reduce the risk of poor outcomes for our customers, colleagues and bank. It’s an opportunity to learn how to use applied empirical science methods to analyse large datasets such as using Python on cloud-based software, as well as workflow management technology.
As a Behavioural Risk Graduate, you’ll be supporting and collaborating with your colleagues to deliver behavioural risk reviews. This’ll involve supporting on the design and delivery of primary or secondary research, triangulating across different data sources and linking research with the behavioural science theory to form a conclusion.
We’ll look to you to keep up to date with the latest insights and methodological developments in behavioural science and contribute to the continuous improvement of your team’s evidence base, methods, and approaches. You’ll also be:
- Supporting the elements of a regular or complex audit engagement
- Contributing to the continuous monitoring of behavioural risk and assisting with the running of a high-performing and innovative team
- Using internal audit tools and resources to monitor and track reviews
- Acting as an ambassador for Internal Audit, helping to build on the reputation and integrity of the function
- Effectively sharing knowledge across the function in relation to specific engagements
The skills you’ll need:
To join us in this role, you’ll need a good understanding of behavioural science literature and theory, and its practical application to real world problems. You’ll demonstrate an entrepreneurial mindset and passion for behavioural science. You’ll need to hold or be working towards completing an undergraduate degree in a behavioural science related discipline, such as Psychology, Behavioural Science or Behavioural Economics.
Furthermore, you’ll bring:
- Experience of undertaking primary and secondary project research, such as designing and delivering online, field, or lab-based behavioural experiments
- The ability to synthesise different primary and secondary data sources, and theories to provide behavioural analysis of potential problems
- Good interpersonal skills
- A drive and enthusiasm to develop your skill set and innovate
- An openness to working in a risk or regulatory context
- The ability to apply behavioural science to consumer financial decision-making
Behavioural Risk Graduate employer: NatWest
Contact Detail:
NatWest Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Behavioural Risk Graduate
✨Tip Number 1
Familiarise yourself with the latest trends and research in behavioural science. This will not only help you during interviews but also demonstrate your genuine interest and commitment to the field.
✨Tip Number 2
Network with professionals already working in behavioural risk or related fields. Attend relevant workshops, webinars, or conferences to make connections and gain insights that could give you an edge.
✨Tip Number 3
Brush up on your data analysis skills, particularly in Python and cloud-based software. Being able to discuss your technical abilities confidently can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss real-world applications of behavioural science in financial decision-making. Think of examples where behavioural insights have led to improved outcomes, as this shows your ability to apply theory to practice.
We think you need these skills to ace Behavioural Risk Graduate
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Behavioural Risk Graduate position. Understand the key responsibilities and required skills, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any experience you have in behavioural science, research methods, or data analysis. Mention specific projects or coursework that demonstrate your understanding of behavioural science theory and its practical applications.
Showcase Your Skills: Clearly outline your interpersonal skills, enthusiasm for behavioural science, and any relevant technical skills, such as familiarity with Python or data analysis tools. Use examples to illustrate how you've applied these skills in past experiences.
Craft a Compelling Cover Letter: Write a personalised cover letter that connects your background and interests to the role. Discuss why you're passionate about behavioural science and how you can contribute to the team’s goals, particularly in reducing risks for customers and the bank.
How to prepare for a job interview at NatWest
✨Showcase Your Knowledge of Behavioural Science
Make sure to brush up on key theories and recent developments in behavioural science. Be prepared to discuss how these concepts can be applied to real-world problems, especially in the context of financial decision-making.
✨Demonstrate Research Experience
Highlight any experience you have with primary and secondary research. Be ready to share specific examples of projects you've worked on, particularly those involving behavioural experiments or data analysis.
✨Emphasise Your Interpersonal Skills
Since this role involves collaboration, it's important to convey your ability to work well with others. Share examples of how you've successfully collaborated in past projects or teams, showcasing your communication skills.
✨Express Your Enthusiasm for Continuous Learning
Convey your passion for behavioural science and your eagerness to develop your skills further. Discuss any relevant courses or workshops you've attended, and express your commitment to staying updated with the latest insights in the field.