Risk Industrial Placement
Lloyds Banking Group
Develop a holistic view of Risk and learn how we use data, modelling and expertise to enhance decision making across our Group.
Duration: One year from July 2024 until June 2025
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 banks 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 an interest in for 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.
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.
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.
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.
The closing date for applications is 30th November. Our Industrial Placements 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.