Risk Placement – Edinburgh

Risk Placement

Lloyds Banking Group



Job Details

Deadline: 27th March 2023

Salary: London: £24,750 / Non-London: £21,250

Length: Placement (10 Months+)

Roles: Computer Science, Data Science

Location: London, North West, Scotland, South West, Wales, Yorkshire and Humberside

City: London, Leeds, Halifax, Edinburgh, Cardiff, Bristol and Chester

Risk Placement

Our Placement Opportunities

We’re looking for motivated industrial placement students to join our Risk Management and Pricing and Performance teams in multiple locations across the country. These include Central London, Leeds, Halifax, Edinburgh, Cardiff, Bristol and Chester. You'll quickly feel part of our team thanks to friendly colleagues and a positive working environment.

We’re a large and diverse organisation with a wide range of roles on offer. Broadly, there are two types of opportunity available to you depending on the skills you possess and where you're passionate about contributing and developing during your time with us. The majority of the opportunities are technical, but we welcome applications from all backgrounds. Applicants should have excellent A-levels, a record of achievement and initiative beyond their academic studies and a strong desire to succeed.

Following the Coronavirus pandemic we have now started to work in a hybrid way – working from our offices again alongside continuing to work from home. Therefore office location is still important and so, if successful, you should be prepared to attend the agreed office location.

Assessments for the scheme will be carried out remotely (by video call and phone), with no travel required. Our onboarding will be a combination of face to face and remote support and training.

Technical Analysts

  • Strong numerical skills
  • An analytical approach
  • An ability or an interest in learning and using coding skills

As a Technical Analyst, you’ll be undertaking a highly analytical role- you could be using various programming languages and software such as SAS, Python, Excel, visualisation tools, or a combination of these, all whilst using strong inter-personal skills to work with other areas of the Group.

You might be analysing credit risk such as the likelihood of customers making repayments. You could be developing models to assess customer behaviour, be at the heart of our regular stress testing activities required by our regulators or help determine how our products are priced.

Many of the roles use SAS which is a leading business programming language used for reporting, analysing and modelling our rich customer data. Previous experience of programming is advantageous but is not expected.

Non-Technical Analysts

  • Strong attention to detail
  • Great organisational skills
  • Engaging communication skills and the ability to influence others

As a Non-Technical Analyst, you could find yourself in one of a broad range of positions – perhaps analysing operational or conduct risks or helping to set risk policy. You could play a meaningful role in one of the many change projects across the bank or support the management of suppliers. You may be involved in data management and data quality or supporting user experience of systems. In some of these roles there may be opportunity to be involved in some technical areas such as conducting ad hoc analysis.
There are relatively fewer opportunities available in the Non-Technical Analyst category.

Working at Lloyds Banking Group

The Group is committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. The Group support the principles of agile working and are happy to consider flexible working arrangements. The Group is an equal opportunity employer and follow a clear set of values which promote a positive, collaborative and creative working environment.

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 have gained various awards to reflect our progressive culture which include:

  • Times Top 100 Graduate Employer
  • Named as Outstanding Employer in the Ethnicity Awards
  • Featuring in The Times Top 50 Employers for Women 2022
  • A Timewise employer award for flexible hiring
  • Recognised in the Bloomberg Gender-Equality Index 2021

As well as offering a great place to work we’ll give you:

  • £21,250 salary (£24,750 in London)
  • 23 days holiday (plus bank holidays)
  • Structured training and development opportunities, including a central training programme for the first 6 weeks and ongoing designated line manager and mentor support throughout the placement
  • Opportunities to build excellent working relationships and networks in one of the country’s largest businesses
  • Time to get involved in charity and community work
  • The chance to learn more about future career options within LBG – such as our highly competitive and prestigious graduate schemes.

You’ll also be a part of a great community of other placement students, and actively encouraged to build a network of contacts both within your team and across other parts of the Group.

How to apply

To apply, please send an e-mail to: [email protected] which should include:

  • A cover letter
  • An up-to-date CV
  • A completed excel application form, you can download the form from this link – (Only applications in excel format will be accepted.)

Please note the following requirements for you to be able to join the scheme:

  • You must be a current undergraduate student at a university that supports year-long work placements
  • You must have the right to work in the UK
  • You should have references available upon request for any previous work experience listed on your CV
  • You should have a clean criminal record and be able to pass pre-employment vetting checks

Applications may close before the deadline, so please apply early to avoid disappointment.


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