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Duration

One year from July 2024 to June 2025.

Salary

£25,000

Plus a great range of benefits

Locations

Cardiff, Edinburgh, Leeds, London

Help us protect our 30 million customers across the UK

Protecting our customers has never been more important. We support people right across the UK, from individuals and small businesses through to large corporates, including many FTSE 100 companies. They trust us because Risk teams are leading the way in keeping our bank safe. From supporting lending applications and pricing decisions to assessing the credit quality of billions of pounds of borrowing, our Risk teams enhance decision-making across the Group.

This is an opportunity to learn the latest, most sophisticated ways of identifying, quantifying, modelling and reporting on risks. What’s more, you’ll be joining us during a period of major transformation. We’re putting unprecedented levels of investment into our platforms, people and capabilities meaning lots of exciting possibilities for everyone within our Group. Including you.

Is our Risk Industrial Placement for you?

As long as you are naturally curious, a keen problem solver, and have an insatiable desire to further your skills and explore new technologies – and even learn new programming languages – we want to hear from you. And all the better if you can combine this with skills in organisation and communicating well with others.

Using intelligent methods and a host of sophisticated technologies – such as data modelling and visualisation through tools like PowerBI and Tableau – the work we do in Risk is all about helping colleagues across the Group make the right decisions for our customers. Which means we’re looking for people who can think outside the box and work creatively with data, although you’ll need to be methodical in trialling solutions too.

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What you’ll learn on our Risk Industrial Placement

From the moment you start, you’ll be working alongside our experienced risk analysts to analyse and assess risk and forecast future performance. Involved in a variety of interesting tasks and projects, you’ll learn how to support the Group to make informed, accurate and fair decisions.

Our Risk teams bring together a range of specialist expertise including Credit Risk, Operational Risk, Market Risk and Liquidity modelling. Together, they provide insight to the Group so we can continue to provide the best experiences for our colleagues, customers and the communities around us.

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Working across these teams, your experiences will be varied and enlightening. All teams in Risk work with a wide range of stakeholders – from commercial clients to internal teams like Finance, to group services or regulators like the Financial Conduct Authority. Meaning, at the end of your placement, you’ll have a well-rounded view of risk management and a solid foundation to start taking your skills further. Perhaps as part of our Risk Graduate Scheme, which you’ll get to apply to directly.

The work you could be doing

Getting to grips with everything Credit Risk – assessment, sanctioning, monitoring, modelling, reporting and stress testing

Using data to forecast the return, pricing, default rate and capital requirements of billions of pounds of lending

Monitoring and amending intelligent decisioning models which process millions of customers each month

Modelling how much money the Group needs to hold to ensure we’re protected when market environments change

Looking at how processes can be simplified, decisions automated or data insights improved

Is this for you?

What you need to apply

You should be in your penultimate year of university during the placement dates. You should also have a love for solving problems and a strong desire to learn.

Locations

Our Risk Industrial Placements are based at our Cardiff, Edinburgh, Leeds, London hubs. You will be based in one of our hubs for the duration of the placement. Hybrid working means you can be flexible, and work from home up to three days a week.

Closing date

Applications for our London-based Risk Industrial Placement Programme have now closed - if you would like to receive updates, please register your interest.

For all other locations (Cardiff, Edinburgh and West Yorkshire), the closing date for applications is 12th January 2024.

Our Industrial Placement programmes may close early if we receive a high number of applications, so it’s best to apply as soon as you can.

The application process

Our application process is designed to give all candidates the opportunity to excel. You’ll find everything you need to know, including stages of the process and tips to help you succeed, on our how to apply page. 

We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

The application process

Ready to take the next step? Find out how to apply for our industrial placements here.

Find out more

Meet Roisin

Roisin went from an uninspiring science lab to Lloyds Banking Group. Now she’s using her unconventional background to pave the way to a brighter future.

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Want to explore more?

Diversity, equity and inclusion

As a Group, we’re guided on how we do things by a clear set of values. Part of that involves creating a supportive environment for all our colleagues that is truly representative of modern-day Britain.

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FAQs

Looking for help with your application? Need to know more about the interview process? Search our FAQ page to find useful information, tips and support.

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Why LBG?

We're a financial services group, with millions of customers and a presence in almost every community. Our purpose is to help Britain prosper, by meeting our customers ever-changing financial needs.

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Events

Take a look at our upcoming virtual events and employer presentations.

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Explore all of our Undergraduate schemes

Undergraduates
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