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 our Risk teams are leading the way in identifying threats like market instability, high levels of customer debt and economic crime.

Salary Range: £42,000

Join our graduate scheme for an exciting opportunity to learn the latest and most effective ways of modelling, monitoring and reporting risks to help protect our Group and our customers. Alongside varied work to get involved in, you’ll also gain experience in multiple risk disciplines – such as the credit teams who managed £450bn of lending in 2022– setting you up with skills and experience essential to becoming a future Risk Manager.

Is our Risk Graduate Scheme for you?

We’re looking for people who thinks creatively, so you don’t need a particular degree to join us. As long as you are naturally curious, a keen problem solver, and have a steadfast desire to further your skills and explore new technologies, we want to hear from you. And all the better if you can combine this with an interest in numbers and building relationships.

Using intelligent methods and a host of sophisticated technologies – including robotics and cognitive computing – the work we do in Risk is all about helping colleagues across the Group make the right decisions for our customers. This scheme offers broad experience and will lay the foundations for a thriving career that could take you in any number of directions. Sound exciting?

What you’ll learn on the Risk Graduate Scheme

Over two years, you’ll complete multiple placements, each focusing on a different aspect of our work.

You could be learning how we analyse and assess risk to forecast future performance, or familiarising yourself with the frameworks that ensure we meet our regulatory requirements. Some Risk teams get hands-on with sophisticated data modelling techniques that help us tease out the value in information. While others help design and launch new products, including new payment technologies or new current accounts, with a focus on customer experience. Working in our Credit teams, for example, you might give risk advice on business lending and monitor the quality of our portfolios. Or on one placement, you could get to dive deeper into a particular area, such as sustainability or climate risk.

The experiences will be varied and enlightening. And together, they’ll give you a well-rounded view of risk management. By the end of the programme, you'll have everything you need to progress in your career.

The work you could be doing

• Getting to grips with everything Credit Risk – assessment, sanctioning, monitoring, modelling, reporting and stress testing
• Exploring emerging risks brought about by global events, such as climate change, sustainability goals and advances in technology
• Working to maintain relationships with our regulators, the PRA and FCA
• Challenging our risk appetite framework of limits and controls, policies and governance across various risks, testing them against agreed standards
• Considering transformations that simplify processes, automate decisions or improve data insights using robotics and artificial intelligence
• Assessing our wide range of products and asset classes, while ensuring the accuracy of our front office pricing models
• Working to design and launch new products and propositions, aligning with the necessary rules and agreeing what data and management information we’ll need to monitor its performance
• Helping to protect our customers and business from economic crime

What you need to apply

• A 2:2 degree or above in any subject area from any university.

Locations

Placements will be based across our main hubs in Birmingham, Bristol, Cardiff, Chester, Edinburgh, Halifax, Leeds and London. In all locations, you can work from home up to three days a week.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.