The Royal Bank of Scotland Group corporate profile: The Royal Bank of Scotland Group overview, including history, employment culture, financial facts & development

Student and Graduate Employer profiles

The Royal Bank of Scotland Group

  • Headquarters' Location:

    Edinburgh, UK
  • Presence:

    UK, Continental Europe, Asia Pacific and the Americas
  • Number of Employees:

    Over 100,000 across the globe
  • Website:

    www.makeitrbs.com

Company Snapshot

This is an exciting time to join RBS. Graduates and interns who do, now will find themselves at the centre of our regeneration, redefining RBS and delivering solutions that will shape not only our business, but the future of banking. With a commitment to giving career-building responsibility from day one, you’ll influence the strategic decisions we make going forward. To achieve the extraordinary, and to seize the opportunities at the heart of an organisation that is poised for transformation.

Few organisations can offer the choice of careers graduates will discover at RBS. The variety of options available across the business is a match for the very best graduate talent.

Full-time Graduate Hires

How many graduate places do you anticipate offering in 2011?
Vacancies for over 600 graduates and 600 interns in 2011

How many places have been filled in 2010?
Over 500 graduates

In which areas of the company are you placing graduates?
Few organisations can offer the choice of careers graduates will discover at RBS. The variety of options available across the business is a match for the very best graduate talent.

Programmes offered include:
• Business & Commercial Banking
• Business Services Leadership
• Chief Operating Office
• Corporate & Institutional Banking
• Finance
• GBM Banking
• GBM Markets
• GBM Operations
• GBM Technology
• Global Restructuring Group
• Global Transaction Services
• Group Communications
• Internships
• Marketing & Innovation
• Private Banking & Advice
• Property Services
• Retail Business Leadership
• Risk
• Security & Risk
• Sourcing & Vendor Management
• Ulster Bank
• Wealth Management – Coutts and Adam & Company

What does a typical graduate rotation look like?
Varies by programme – please check www.makeitrbs.com

Which European offices take graduates?
Amsterdam, Copenhagen, Frankfurt, Milan, Helsinki, Dublin, Belfast, Madrid, Paris, Stockholm, United Kingdom.

What are your application deadlines?
Varies by programme – please check www.makeitrbs.com

What is the ratio of applicants to the positions?
N/A

Briefly describe the hiring process:
Please visit www.makeitrbs.com and complete a short application form. The next stage of the selection process varies depending on which programme you’ve applied for, but follows a broadly similar format of psychometric tests, structured competency and technical interviews with our business representatives, and assessment centres.

How much do you pay graduates?
£ Competitive plus benefit funding

Do you allow deferred entry and if so, under what circumstances?
No

Undergraduate Internships

How many summer interns do you anticipate the bank will hire in 2011?
Vacancies for over 600 interns in 2011.

How many did you hire in 2010?
Over 400 interns

Which business areas of the company offer structured internships?
• GBM Markets – during your internship you will undertake a range of placements including Trading, Sales, Research & Strategy and Structuring
• GBM Banking – you will gain real experience with rotations across Corporate Finance, Debt Capital Markets, Equities Origination, Sector & Country Coverage and Portfolio.
• GBM Operations
• GBM Technology
• Corporate & Institutional Banking
• Business & Commercial Banking
• Global Transaction Services
• Group Sourcing & Vendor Management
• RBS Finance
• RBS Risk
• Global Restructuring Group

Which European offices offer internships?
We have a number of off-cycle European internship programmes, please see our website www.makeitrbs.com

When are your application deadlines?
Varies by programme – please check www.makeitrbs.com

What is the ratio of applications to positions?
N/A

What percentage of summer interns where offered full-time positions in 2010?
70%

What percentage of full-time positions were filled by summer interns in 2010
N/A

How much do you pay interns?
Varies by programme

What should interns know about you before applying?

Internships for penultimate year students
For penultimate year students, we offer a range of ten-week to 6-month internships across all our different business areas. These are open to students from all academic disciplines who can demonstrate an interest in banking and finance. They are normally held in the summer, but for students in Continental Europe we offer alternative opportunities throughout the year.

After a one-week orientation, when you will learn market basics and meet your new colleagues, you will spend the remaining nine weeks learning from leading banking professionals and gaining hands-on experience. Throughout, you will have the chance to attend a number of high-profile networking events. We’ll also assign you a buddy and a mentor to guide you throughout the ten weeks.

We give all our interns the opportunity to experience a number of different business areas. We will also give you the chance to showcase your talents. Perform well, and may offer you a graduate position for the following year.

Internships for first year students – Easter Insight
If you are in your first year, we have an Easter Insight programme. This one-week programme offers you the chance to gain valuable work experience and secure a place on our summer internship programme for the following year. It will include technical training, networking events and time spent shadowing senior members of the team. As well as giving you the chance to experience the business, it also gives us the chance to spot talent at an early stage.

70% of our interns last year went on to be offered places on our graduate programmes. So if you want to get a head start, an internship is a great opportunity to do so.

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