Location
Swindon / Wiltshire
Salary
£34,000
Contract
Permanent (Full Time)
Reference
1034
Closing Date
07 December 2025
Job description
Good things this way
If you are a driven, high performer who enjoys solving problems and learning new skills, our 3-year Treasury Development Programme offers you a rewarding career in banking.
You will work across four placements, where you\'ll gain hands‑on experience in Treasury operations, risk reporting, modelling, and sustainability, building both technical expertise and workplace skills. In your final year, you\'ll join a front‑office trading desk in London, applying this knowledge in a fast‑paced market environment to complete a well‑rounded Treasury journey.
We\'ll also support you to study for your ACT (Association of Corporate Treasurers) qualification.
Thrive within our high-performance culture as you experience hands-on learning, tailored training, and a strong support network.
Where you\'ll be working
Our Finance function ensures we spend our customers\' money wisely. We provide financial partnering services, produce statutory and regulatory reporting, raise wholesale funds & maintain liquidity. We also provide lending for social housing, deliver a financial plan, manage stress testing requirements, and provide and maintain financial systems and technology.
Based within Finance, our Treasury team ensures Nationwide remains financially safe, secure, and sustainable. The team manages key balance sheet risks, including liquidity and capital, raises wholesale funding, and uses hedging to protect against interest rate and foreign exchange risks.
What you\'ll be doing
Back office placement
Your first 6-month placement will be in Collateral Management, Settlements, or Conduct & Compliance. You\'ll gain a clear view of how Nationwide\'s Treasury operates, from executing derivatives and wholesale funding to managing liquid assets. You\'ll build understanding of how to optimise collateral, ensure regulatory compliance, and how to process transactions accurately and on time
Middle office placements (two 9 month placements)
In your second Placement, you\'ll join one of our Balance Sheet Risk Reporting teams — Liquidity & Product, Capital & Credit, or Market Risk. Here you\'ll build knowledge of the key risks across Nationwide\'s balance sheet and learn how both the business and regulators manage and monitor them.
Next, you\'ll move into Framework & Modelling, Recovery & Resolution, or Sustainability. These teams will give you deeper expertise through detail‑oriented assignments, combining technical analysis, regulatory insight, and strategic thinking. It\'s a chance to become a subject matter expert and lay strong foundations for a career in financial risk and sustainability.
Front office placement (12 months)
For the final year of the programme, you will join one of our front office trading desks. This is either on the Derivatives, Investments, or Wholesale Funding desk. This rotation will utilise the skills and knowledge you have built over the previous two years into managing and executing trading positions, be that investing in bonds, issuing wholesale funding or using derivatives to externalise risk.
The dealing room in London is a fast-paced environment reacting to local and international events that impact financial markets – you will become an expert in certain markets and be able to communicate market trends both internally and with a wide external network. The placement will complete the journey across Treasury to provide a well-rounded knowledge base of how the function operates.
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 either our Swindon or London office.
If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.
About you
Whether you\'re a recent graduate, contemplating a career change, or are already working in finance but seeking your next challenge, our finance development programme paves the way for a rewarding career in banking.
You\'ll need to have:
- Two A Level qualifications (A*-E) and three GCSE\'s at grades A-C/grade 9-4 (or equivalent) including Maths and English Language
- A drive to embrace development opportunities.
- An expectation of high performance – from both you and those around you.
- A high standard of numerical, written, and verbal communication skills.
- The ability to analyse data and information to problem solve to identify challenges and propose solutions.
- Through research and experience, commercial awareness of Nationwide and financial services
- An inquisitive mind and an aptitude for problem solving.
- Experience using Microsoft Excel.
- Strong organisational skills to plan and deliver work with attention to detail.
- Good time management and prioritisation skills for working in a fast-paced environment.
- A want to get involved in activities across the Finance department, such as working with our recognition teams or Network and Knowledge events.
Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:
- Feel what customers feel - We step into our customers\' shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind
- Say it straight - We are brave in speaking out and saying what we think – we\'re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand
- Push for better - We don\'t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development
- Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes.
The extras you\'ll get
High performing and purpose-driven colleagues deserve a rewarding career and competitive benefits to match. We offer you:
- 25 days holiday per year, which increases over time to 30. Plus, you can \'buy\' up to 10 extra days each year, giving you even more choice.
- From January 2026, all colleagues will benefit from private medical insurance
- A highly competitive pension to help you build a strong foundation for retirement.
- Access to an annual performance related bonus
- Access to training to help you develop and progress your career
- A great selection of additional benefits through our salary sacrifice scheme
- Life assurance to provide peace of mind for you and your loved ones in the event of your death.
- Wellhub access for a range of free and paid options for health and wellness
- Up to 2 days of paid volunteering a year
Banking – but fairer, more rewarding, and for the good of society
We forge our own path at Nationwide.
As a mutual, we\'re owned by our members - those customers who
Contact Details:
Nationwide Building Society Recruitment Team
