Structured Finance summer analyst at RBS

Top Employer
Duration
Internship (1-4 Months)
Region
London Greater London
Review Date
Salary
£18,000 - £19,999
Roles
Banking/Finance

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RBS is a Top Employer

5.7/10

The Role
6.2
Organisation
4.6

Socialising

6.5

The Role

1. To what extent did you enjoy your work placement or internship?

It was very enjoyable - though it's generally very quiet during the summer, RBS has got plenty of activities planned to keep the interns busy. There are numerous networking opportunities, teach-ins and the CSR project which helped fill in the time. The company also encourages networking both internally and externally.

7/10

2. To what extent did you feel valued by your colleagues?

My colleagues really tried their best to involve me in everything they did. Though as mentioned earlier, it was difficult to get into the nitty gritty of the work, they were always present to answer questions etc. Interns were also assigned a buddy who will deal with any ongoing concerns, questions etc.

6/10

3. To what extent were you given support and guidance by management/your supervisor(s)?

Both my managers had a management style that was specific to them, though in general, they were very readily available to proviide support and guidance to the interns and graduates. The managers touch base with the interns very often - once a week- and are very friendly and open, which helped.

5/10

4. How busy were you on a daily basis?

Generally not very busy, though the corporate social responsibility project, individual project within each individual team took up the bulk of the time. The managers understand that summer is generally a quiet period, and therefore, they appreciate when interns are proactive in organising coffee meetings with other people within the bank.

7/10

5. How much responsibility were you given during your placement?

As mentioned earlier, summer is generally a quiet period so there was not much responsibility given in terms of actual work done on the desks. The managers do try to staff the interns on projects. Interns have (Almost) full autonomy when tackling the corporate social responsibility project, which was a very fun experience for all, I believe.

4/10

6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

As I am pursuing a finance related degree, it was helpful to see how finance principles etc were applied in the 'real' world, which was very useful. Other than that, the internship also developed soft skills, which would be useful in my studies, as well in my next professional job.

8/10

The Organisation

7. What was the general atmosphere in your office?

It was okay. People were generally very friendly and easy going though there were a select few that came across as a little abrasive, possibly due to the nature of their role (they were more senior people). The atmosphere was quite relaxed as well (possibly due to it being summer).

7/10

8. How well organised was the overall work placement or internship set up?

Very well organised. There were teach ins scheduled fortnightly, on top of several networking opportunities organised at the discretion of the managers. The interns also had to do a corporate social responsibility project, which took up plenty of time. Therefore, I did not spend much time sat at my desk doing nothing.

7/10

9. In terms of personal training and development, to what extent did the company or firm invest in you?

Not much for the interns

4/10

10. What were the perks on your work placement?

  • Staff Sales/Staff Shop
2/10

11. How appealing are future employment prospects within the organisation?

It was ok

3/10

Social

12. Was there a good social scene amongst any fellow placement students/colleagues?

Socials had to be organised by the interns, with the company organising a select few - mid internship social and end of internship event. However, depending on your cohort, the social scene can be good or bad, as the organisation of socials relied heavily on the initiative of the interns.

4/10

13. What was the cost of living and socialising in the area you worked in?

I worked at the Bishopsgate office, which was in Central London. London is expensive to live in, though the higher costs were compensated by the variety the city offers. There are also cheap eateries and housing for those who are on a budget, though it might be difficult to find, especially for a 10 week period.

4/10

14. What was the Nightlife like in the area you worked?

Good.

10/10

15. Were there many opportunities to get involved in activities outside of work?

8/10