RBWM Penultimate Year Summer Intern Review

by HSBC

Best Student Employer

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

3.9/5
  • The Role
    4.4
  • The Company
    3.5
  • The Culture
    3.5

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I had a very good time though much preferred the second rotation to the in-branch rotation. The work was challenging but not draining and compared with a lot of finance internships the hours were very good. I regularly worked 9 to 5 and that meant I was also able to enjoy a summer holiday in the way that others weren't, especially when you factor in the 3 days off we were encouraged to take.

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • I felt incredibly valued and the work I was doing seemed to be appreciated by both placement managers. I was always encouraged to try and 'lave a legacy' and 'add value' and that was something I felt I did, improving GEMBA in branch and thus customer satisfaction, and helping to create new insurance products in Canary Wharf that I hope to see on the market one day.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • I was given a lot of support and guidance by both of my managers. Generally I am quite an independent worker and prefer to learn by doing as it were, but I always felt like I could get help and advice when it was needed and both managers were always prepared to make lots of time for me, usually at very short notice.

    5/5

  • 4. How busy were you on a daily basis?
  • I was never overwhelmingly busy, and would gladly have taken on more tasks. Nevertheless, I suppose I could have been more proactive in searching for more tasks and the extra time allowed me to focus on elements like presentation in a way that I was not able to before, ensuring that my work was of a high standard consistently.

    4/5

  • 5. How much responsibility were you given during your placement?
  • I was given a lot of responsibility, particularly in Canary Wharf. I was personally responsible for the initial research for a potential future insurance product, and then creating the presentation that the CEO of Insurance UK will be taking to the Global Exco. This is a lot more responsibility than I was expecting.

    5/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • I think a lot of soft skills have been developed such as organisation and professional standards which will likely improve my abilities in all aspects of my life. I have not received much in the way of training although I do feel I have learnt a lot about retail finance which will be invaluable as I begin my professional career.

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • The branch was quite small but I always felt very happy and welcomed there. Canary Wharf was much bigger and very enjoyable, although the floor was quite quiet, potentially because of the time of year. There was a good amount of banter in both offices but also obviously a lot of professionalism and focus as well which was good.

    5/5

  • 8. How well organised was the overall work placement or internship set up?
  • There were a few teething issues on the admin side with laptops and WiFi and the like, and I know some interns were not able to start the first week. Furthermore, communication about manager 1:1s was, at times, unclear, and I think everyone would have benefited from slightly more communication. Nevertheless, these things are inevitable and generally it was good.

    4/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • There were some good opportunities, such as the induction and the weekly WebEx, to learn a great deal. I appreciate it's logistically difficult but I would have preferred more in the way of networking events etc., which many of my friends in other banks have received, in order to meet people more informally.

    3/5

  • 10. What were the perks on your work placement?
  • Subsidised Canteen

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • The organisation is very good but the specific programme graduate scheme would be significantly more attractive if there was not the expectation to travel around the country and work in a branch. The culture of the firm is great and everyone is wonderful, but I do think the RBWM graduate scheme could be adapted to have less time in branch and more choice of location for placements.

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • There was but it was very much self-arranged for most of the internship. We got together for socials on the induction, farewell and charity days but drinks etc were largely self funded. I know this has not been the case on many internships elsewhere, and I think this can often help with social cohesion.

    3/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • I was in London but I live here and it is expected to be expensive for socialising - this can't be helped by HSBC. I think some sort of relocation allowance would have been good, or some contribution towards travel, to assist with travelling to work/staying in London as the salary is not too high. I think it would be better if it was the first year grad salary pro-rata'd to also give you a flavour of how far your money will go if you are offered progression.

    3/5

  • 14. What was the Nightlife like in the area you worked?
  • It's London.

    5/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • We had the opportunity to work on charity projects with each other but there was little in the way of social clubs etc. I'm sure I may have had more luck if I had enquired but nothing was mentioned at any point across the internship so I cannot say for sure.

    4/5

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Details

Internship (1 Month+)

London

August 2017


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