Summer 2026

Internal Audit – Internship

Posted on 11/1/2025

NatWest Group

NatWest Group

10,001+ employees

Diversified banking group delivering financial services

No salary listed

Edinburgh, UK

Remote

Remote first; Edinburgh-based internship

Category
Accounting (16)
, , , , , , , , , , , , , , ,
Required Skills
Python
Data Analysis
Excel/Numbers/Sheets
Requirements
  • To be in your penultimate year of university
  • To be on course to achieving a 2:1 in your degree
  • Great attention to detail
  • Analytical skills
  • Initiative and resourcefulness
  • A creative approach to problem solving
Responsibilities
  • Learning about our culture, values, and goals
  • Attending training workshops and getting involved with our day-to-day work
  • Understanding what, how, and why we audit
  • Developing your numerical and analytical skills
  • Gaining an insight into how NatWest Group operates and how we keep the bank safe and secure
  • Exploring your capability by taking part in a business improvement project
  • Developing your collaboration, creative-thinking, and problem-solving skills
  • Seeing first-hand how we work together as one bank to deliver aN outstanding service for our customers

NatWest Group is a financial services group that helps customers with everyday money needs and long-term planning, including buying a home, investing, growing a business, and pursuing a more sustainable future. Its products come from a range of banking and financial services across multiple businesses, delivered through digital and traditional channels. The company works by understanding what matters to customers—their priorities, goals, and challenges—and then offering services and expertise to help them navigate change and make progress. It differentiates itself by combining a broad set of financial offerings with an emphasis on an inclusive culture, flexible working, and a technology-driven approach to anticipate and respond quickly to customer needs. The goal is to be simpler, more integrated, and more capable of delivering impact for customers, so both customers and NatWest Group can succeed together.

Company Size

10,001+

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1968

Simplify Jobs

Simplify's Take

What believers are saying

  • NatWest achieves record 19.2% return on tangible equity in 2025 results.
  • NatWest grows customer base by one million and returns £4.1 billion to shareholders.
  • NatWest hires Adeel Hyder from Starling to lead SME digital banking enhancements.

What critics are saying

  • Keefe Bruyette downgrades NatWest to Market Perform on April 20 with 650 GBp target.
  • Starling Bank erodes NatWest's SME market share through aggressive digital expansion.
  • UK PRA imposes stricter capital rules, forcing CET1 above 13% and cutting dividends.

What makes NatWest Group unique

  • NatWest acquires Evolent Partners, adding £69 billion in wealth management assets.
  • NatWest launches IP-backed loans like £1.35M to Shade Station at 50% lower rates.
  • NatWest partners with Sainsbury's on April 1 to offer financial products to customers.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Paid Vacation

401(k) Company Match

Flexible Work Hours

Company News

Business Live
Mar 31st, 2026
Housing association Adra in new £65m funding deal to deliver more homes

It has secured backing from NatWest

Business Live
Mar 27th, 2026
£175m refinancing deal for GB Group

ID verification group backed by syndicate of banks

Yahoo Finance
Mar 8th, 2026
NatWest hires Adeel Hyder from Starling Bank to lead business banking and SME services

NatWest Group has appointed Adeel Hyder as Managing Director of Business Banking. Hyder joins from Starling Bank, bringing experience in digital banking and support for small and micro businesses. The appointment signals a renewed focus on NatWest's UK business banking franchise as competition intensifies from digital banks targeting SME customers. Hyder's background suggests NatWest aims to enhance its offering to smaller businesses, particularly in user experience and product design. The move comes as business banking remains a core activity for NatWest. Investors may monitor changes in the bank's business banking priorities, including product mix and technology spending allocation. At £5.76 per share, NatWest trades approximately 24% below its £7.18 analyst target.

Yahoo Finance
Feb 27th, 2026
NatWest Group reports 12% income rise to $20.8B and record 19.2% return on tangible equity

NatWest Group reported strong 2025 results, with total income rising 12% to £16.4 billion and earnings per share jumping 27%. The bank achieved a record 19.2% return on tangible equity whilst adding one million new customers and returning £4.1 billion to shareholders through dividends and buybacks. A key development was the acquisition of Evolent Partners, adding £69 billion in wealth management assets. NatWest lowered its CET1 capital target to approximately 13% and set 2028 goals of achieving a cost-to-income ratio below 45% and return on tangible equity exceeding 18%. For 2026, the bank expects total income up to £17.6 billion. Management reported no signs of consumer stress despite anticipating slight normalisation in loan impairments, whilst focusing on AI and digital initiatives to improve efficiency.

Surperformance
Feb 24th, 2026
Shade Station secures $1.7M IP-backed loan from NatWest for smart eyewear platform expansion

Manchester-based online eyewear retailer Shade Station has secured a £1.35 million loan from NatWest using the bank's intellectual property-backed lending proposition. The funding will support international expansion, AI-driven e-commerce development, and launch of a smart eyewear platform. The company plans a phased rollout of its smart eyewear platform throughout 2026, starting in the UK and Ireland before expanding to Nordic and DACH markets. The platform will offer next-generation glasses featuring heads-up notifications, navigation, real-time translation and fitness insights. Shade Station has grown its annual turnover from £4 million to £22 million under current management. The IP-backed loan, which uses the company's proprietary software and trademarks as collateral, has reduced interest costs by nearly 50% compared to traditional lending.

INACTIVE