NatWest Markets - Stockholm Graduate Programme

Why NatWest Markets Stockholm Branch

This graduate programme, with start in August 2025, spans over 24 months where you as a graduate in the Stockholm team will have the opportunity to kick-start your career in banking by equipping you with the knowledge, skills and experience you will need to grow within both the NatWest organisation and in the banking sector.

NatWest Markets is the investment banking arm of NatWest, offering debt financing, risk management and trading to our customers in Europe, Asia, and the US. NatWest is the largest business and commercial bank in the UK, providing a wide range of products and services to over 19m customers across our retail, commercial & institutional and private banking business. The commercial & institutional business area supports customers with products including working capital and trade finance, asset finance, capital markets and specialist finance.

What you will do

As a graduate at the Stockholm office and during the programme you will play an important role by supporting three local teams: Corporate Coverage, Debt Capital Markets and Risk Management. You will be spending time with all teams where you will work with various stakeholder in the bank and have the opportunity to develop your skills in an exciting environment. You can expect to learn a lot across several areas when working with the different teams:

Corporate Coverage:

• Supporting the coverage team with managing client relationships and origination for our Nordic large corporate clients.
• Preparing client materials and conduct company and industrial sector research, peer analyses, and business origination activities.
• Understanding and monitoring credit risk development for our key clients and supporting internal capital and credit approval processes
• Working on customer due diligence and KYC for new and existing clients, and other ad-hoc requests.Working closely with product colleagues and specialist functions across the bank to ensure highest quality of service delivered.
• Promote and represent the bank in the local and regional community.

Debt Capital Markets:

• Supporting with the pitching and execution of bond transactions across international markets.
• Preparing market update materials and assist the team in keeping clients up to date on bond market developments.
• Performing in-depth analysis of capital markets, financial performance, and other relevant topics to support client decision making.
• Creating and updating models for bond pricing, financial forecasting, and capital optimisation.
• Conducting sector and market research.

Risk Management:

• Supporting the team preparing and executing interest rates derivative transactions for Nordic and European clients
• Collaborate with various trading desk within the bank.
• Conduct analysis of financial policies to manage interest rate risk using a range of derivative. instruments
• Providing market and macro insights and updates.
• Support clients with liquidity management and collaborate closely with our FX colleagues based in Paris and Frankfurt.

How you’ll benefit:

You can look forward to:

• Learning from industry experts and applying your learnings during the course of the programme.
• Developing excellent relationship management and technical banking skills.
• Expanding your professional network in an international context.

Who we think will be a good fit:

We believe our NatWest Markets graduate programme in Stockholm would be a great opportunity if:

• You are in your final year of your master’s degree or max 2 years working experience.
• You feel comfortable working with English in your everyday work environment and you are fluent in a Nordic language.
• You have a keen interest in finance and capital markets and would like to expand your experience and understanding further.
• You have good interpersonal and communication skills, i.e. you like to work as part of a team where every member is important and where collaboration is key.
• You have strong analytical skills and an eagerness to learn.
• You have attention to detail and a high level of accuracy in your work.

Ready to apply?

Please make sure you submit your application, CV and cover letter in English.

The application window for this programme will be open until we receive enough applications to fill our cohort after which we’ll close the programme to new applications.