Use the latest techniques to quantify, understand and minimise risk. Protect 28 million customers. Help Britain Prosper.
Duration – 12 months
Salary – £29,000
Locations – Leeds, Edinburgh, Bristol & Birmingham. Mix office and home working with our hybrid working policy. The entire Industrial Placement scheme will be based in a single location.
Be the reason we stay one step ahead
At Lloyds Banking Group, risk management isn’t about hiding under the desk until the danger passes. It’s about spotting opportunities, protecting the people who count on us, protecting our business and customers, and staying one step ahead.
Our Risk teams keep over 28 million customers safe. Identifying and mitigating the threats from global market instability to economic headwinds, from customer lending to economic crime. And on the Risk IP scheme, you’ll be part of the team making sure we always play it smart.
One year. High Impact
Over this 12 month programme, you’ll be placed in our Financial Risk or Credit teams amongst a number of risk specialisms, giving you a well-rounded foundation for a long-term career in risk. Think of it as a guided tour of the most fascinating and fast-moving corners of the risk world.
You could be delving into:
- Credit & Customer – analysing credit risk, understanding customer behaviour and shaping lending decisions
- Analytics, Data & Modelling – using cutting-edge modelling techniques, data science and AI to predict and manage risk, or
- Specialist Risk – diving deep into capital, liquidity and market risks to solve challenges most people never even see.
The kit you’ll have at your fingertips
This isn’t about staring at spreadsheets. You could be hands-on with:
- Regulatory frameworks like PRA and FCA compliance. Turning rules into real-world solutions.
- Robotics, cognitive computing and AI to automate, analyse and outsmart the bad stuff.
- Advanced forecasting tools to stress-test decisions.
Learn fast. Apply faster
We’re looking for naturally curious minds who see patterns others miss, who enjoy solving problems from every angle, and who can’t resist asking “what if?”. You’ll get the space to explore how new technologies can transform risk management, and the freedom to experiment with them.
We’ll help you sharpen your analytical skills while building the communication and relationship-building strengths you’ll need to influence and collaborate effectively across the business.
You’ll have:
- A mentor to guide you and challenge your thinking.
- Technical training and business skills development, so you can connect analysis to action.
- Platforms like Viva Learning to keep levelling up.
- A culture where curiosity is encouraged, and problem-solving is part of the job description.
The work you could be doing
- Making smarter lending decisions for millions of customers.
- Turning complex regulations into business processes that actually work.
- Using modelling to forecast financial performance.
- Finding ways AI can drive efficiencies and innovative solutions.
Your future, fully backed
You’ll earn a great salary while building skills every sector wants – from banking to fintech to consulting. By the end, you’ll have the confidence and understanding to be able to take your future forward.
Requirements
What you need to apply:
- The need to demonstrate an analytical mindset, with the curiosity and ability to understand and apply technical concepts aligned to the role.
- You don’t need to know how to code today, but you should be excited to learn and we’ll support you in building these skills during the programme.
- Be in your penultimate year at university.
- While we do not require a set projected minimum degree achievement, we strongly recommend the ability to be able to demonstrate sound knowledge, understanding and technical skills aligned to the role. Some aspects of this, alongside behaviours and values, will be assessed through the application process.
- We cannot sponsor visas.
Opening and Closing date
Applications for our Risk Industrial Placement open on 10th September and close on 8th November.
Our IP scheme may close early if we receive a high number of applications, so it’s best to apply as soon as you can.
How to apply
Our application process is designed to help you shine. We want everyone to feel they belong and can be their best, regardless of background, identity, or culture.
Find out more, including stages and tips for success, on our how to apply page.