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NatWest Markets - Quantitative Analytics- Internship

Pay
From £45,000/year · ProratedAnnual period assumed — pay source
How you’ll benefit We’ll reward you with a starting salary of £45,000 pro rata. Plus, you can expect to:
Read the full posting
Work setting
Not stated
Employment
Full-time — employment source
Employment type in the employer’s posting: Full time
From the employer’s posting

Before you apply

New graduates
For current studentsTo be in your penultimate year of university, studying for a master’s degree or above

What you’ll work on

Full posting
  • Work on one Quantitative Analytics area: derivatives pricing and risk, algorithmic trading and data science, or quants…

  • Take part in day-to-day team work and training workshops

  • Complete a business improvement project

From the employer’s posting
Gaining unique experience in one of three distinct areas of Quantitative Analytics-Derivatives Pricing & Risk Management, Algorithmic Trading & Data Science, or Quants Development
Attending training workshops and getting involved with our day-to-day work
Exploring your capability by taking part in a business improvement project

What you’ll bring

All qualifications

Core experience

  • Penultimate year of university, studying for a master's degree or above
  • On course for a 2:1 degree or a 3.4 GPA
  • Strong technical skills across maths, physics, engineering, computer science, and data science
  • Strong customer focus and communication skills
Qualification wording
To be in your penultimate year of university, studying for a master’s degree or above
To be on course to achieving a 2:1 in your degree, or a 3.4 GPA
Strong technical skills across maths, physics, engineering, computer science, and data science
A strong customer focus
Education & alternatives
Your graduate journey If you’re looking for an industry placement as part of your master’s degree or above, our 10-week Quantitative Analytics internship has been designed to both prepare you for working life and challenge you at the same time. Our Quantitative Analytics summer internship has been designed to give you a taste of what it’s like to work with us, along with valuable experience to help guide your career choices.
To be eligible for our Quantitative Analytics internship you’ll need: - To be in your penultimate year of university, studying for a master’s degree or above - To be on course to achieving a 2:1 in your degree, or a 3.4 GPA
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Posting record

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Status in our records
Live
First seen by us
Sep 28, 202640 days ago
Recorded sightings
64
Last seen by us
Nov 7, 2026

These dates show when we found the posting. Check the employer’s website to confirm it is still accepting applications.

How this job compares

Time since we first saw it

Day 40

Similar jobs usually come down between day 7 and day 57.

Well past Rbs’s usual: its jobs come down by about day 6.

From 10,550 similar postings that came down, and 68 of Rbs’s. Coming down is not always a hire.

Rbs is hiring

3 open jobs

Open jobs by the week we first saw them, last 12 weeks.

  • Takes jobs down quickly
Hiring record

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Demand for Data Scientist roles

New Data Scientist postings at the employers we follow are down 3% over the last 5 weeks compared with the 5 before.

Weekly new Data Scientist postings at the same employers, from the week of August 17 to the week of October 26. The fewest in a week was 1,411, the most 2,973, and the latest week had 1,815.
August 17Last week

Each bar is one week of new postings. The darkest bars are the last 5 weeks.

Counted from the hiring pages we’ve followed for at least five weeks, so employers we add don’t look like growth. Updated weekly.

About the role

We file this job under Data Scientist, by the work the posting describes.

Data scientists use statistics and models to answer harder questions, such as whether a change worked, what demand will look like next quarter, or which customers are likely to leave.

Postings usually ask for Python or R, SQL, statistics, experiment design and common machine learning methods.

Unlike an ML engineer, a data scientist's main output is often an analysis or a first model, not software running inside a product.

US government figures for data scientists

Median yearly pay, May 2025
$120,230
Expected change, 2025 to 2035
34.6% more jobsagainst 3.5% for all jobs

Source: US Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025) and Employment Projections (2025 to 2035). Occupation code 15-2051.

Job description

View original posting ↗

Why NatWest Markets, and why Quantitative Analytics?

At NatWest Markets, we focus on what we do best and what matters most to our customers.

Our Quantitative Analytics teams develop quantitative models and analytical tools for derivatives and algorithmic trading, capital, and other financial resources management.

Your graduate journey

If you’re looking for an industry placement as part of your master’s degree or above, our 10-week Quantitative Analytics internship has been designed to both prepare you for working life and challenge you at the same time.

Our Quantitative Analytics summer internship has been designed to give you a taste of what it’s like to work with us, along with valuable experience to help guide your career choices.

Over the course of this 10-week programme, you can look forward to:

  • Gaining unique experience in one of three distinct areas of Quantitative Analytics-Derivatives Pricing & Risk Management, Algorithmic Trading & Data Science, or Quants Development
  • Learning a mix of practical knowledge and technical market skills
  • Seeing first-hand how we work together to deliver an outstanding service for our customers
  • Learning about our culture, values, and goals
  • Attending training workshops and getting involved with our day-to-day work
  • Exploring your capability by taking part in a business improvement project

At the end of the placement, we’ll assess you on what you’ve learned. Complete this successfully and you could be offered a place on our NatWest Markets graduate programme, where you can carry the skills you’ve learnt forward and take the next step in your career.

How you’ll benefit

We’ll reward you with a starting salary of £45,000 pro rata.

Plus, you can expect to:

  • Learn from industry experts and immediately apply your learnings
  • Enrich your learning with access to world-leading research and insights
  • Test and learn new approaches in a safe, inclusive environment
  • Start building a global professional network
  • Grow your confidence, build your resilience, and elevate your presence
  • Experience first-hand what it’s like working in a purpose-driven organisation

Entry requirements

To be eligible for our Quantitative Analytics internship you’ll need:

  • To be in your penultimate year of university, studying for a master’s degree or above
  • To be on course to achieving a 2:1 in your degree, or a 3.4 GPA
  • Strong technical skills across maths, physics, engineering, computer science, and data science
  • A strong customer focus
  • Communication skills
  • The ability to adapt well in a rapidly changing environment
  • A flair for innovation
  • Curiosity and an open mind

Ready to apply?

The application window for this programme will be open until we receive enough applications to fill our cohort. When that happens, we’ll close the programme to new applications. It’s important to take the time to make sure you’re making the right decision about the programme you want to apply for (you can only apply for one programme) but please complete your application as soon as you can to make sure you don’t miss out!

Have another question?

Head over to our ‘Applying and eligibility support’ page now for answers to some of our most commonly asked questions.

Hours

35

Job Posting Closing Date:

Job Posting Closing Date is not yet published.

Ways of Working:Office First
Source details

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Pay
How you’ll benefit We’ll reward you with a starting salary of £45,000 pro rata. Plus, you can expect to:
Location & working pattern

London

Working pattern and location restrictions need checking in the full posting.

Work authorization

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