NatWest Group plc, a leading banking and insurance entity headquartered in Edinburgh, Scotland, provides a diverse range of financial services.
This prestigious group encompasses various banking brands, catering to personal and business banking needs, as well as offering services in private banking, investment banking, insurance, and corporate finance. Its prominent subsidiaries in the United Kingdom include National Westminster Bank, Royal Bank of Scotland, NatWest Markets, and Coutts, with the group also responsible for issuing banknotes in Scotland and Northern Ireland.
Historically, before the turmoil of the 2008 financial crisis, NatWest Group had ascended to become the world’s largest bank for a brief duration. It ranked as the second-largest in the UK and Europe, and fifth globally in terms of market capitalisation. However, the crisis led to a dramatic fall in its standings due to a plummeting share price and a significant erosion of confidence, necessitating a bailout through the 2008 United Kingdom bank rescue package. At one point in 2009, it became the largest company globally by assets (£1.9 trillion) and liabilities (£1.8 trillion).
The UK government, which had acquired a majority share as part of the bailout, maintained control until 28 March 2022, with the stake managed by UK Government Investments. Since then, the government has gradually reduced its shareholding through various transactions.
NatWest Group is listed on major stock exchanges, including the London Stock Exchange and the New York Stock Exchange. For those interested in exploring a career with NatWest, the group offers myriad opportunities across its extensive network. Positions are available in various fields, including banking, finance, technology, and customer service, reflecting the company's commitment to innovation and excellence in the financial sector. NatWest Group's career prospects are aimed at individuals seeking to contribute to a dynamic, evolving landscape, emphasizing professional growth and development within a globally recognized banking institution.
The interview process at NatWest Group typically consists of several stages designed to assess candidates' skills, experience, and fit for the role. Here's a general outline:
Application Submission: Candidates apply for positions through the NatWest Group careers website or other job portals.
Initial Screening: The HR team reviews applications and may conduct an initial screening interview to discuss candidates' qualifications, experience, and interest in the role.
Assessment: Depending on the position, candidates may be required to complete assessments or tests to evaluate their skills and knowledge relevant to the role.
Interviews: Shortlisted candidates are invited to participate in interviews with hiring managers and/or team members. These interviews may be conducted in-person, via phone, or through video conferencing. They typically assess candidates' technical abilities, problem-solving skills, and fit with the company culture.
Additional Rounds: Some positions may involve multiple rounds of interviews, including technical interviews or panel interviews with senior leadership.
Offer and Negotiation: Successful candidates receive job offers, including details about compensation, benefits, and other terms of employment. Negotiations may occur at this stage to finalize the details of the offer.
Onboarding: Once an offer is accepted, candidates undergo the onboarding process, which may include orientation, training, and integration into their respective teams and departments.
Throughout the interview process, NatWest Group aims to provide a thorough assessment of candidates while also giving them the opportunity to learn more about the company and its culture.