Risk Industrial Placement - Market Risk Reporting Team. at Lloyds Banking Group

Top Employer
Placement Year (10 Months+)
London Central London and City
Review Date
£20,000 - £21,999
Banking - Commercial Banking/Finance
Lloyds Banking Group is a Top Employer


The Role



The Role

1. To what extent did you enjoy your work placement or internship?

Great company culture - Lots of opportunities - Encouragement from management - Lots of other extra activities to get involved with e.g. Give & Gain Day. All of these aspects have made my journey within Lloyds very gratifying and productive. Would definitely recommend both placement years and working at Lloyds Banking Group.


2. To what extent did you feel valued by your colleagues?

I worked well with all members of team, demonstrating my ability to adapt to work with a wide range of personalities and approaches. I was willing to take on new tasks and does this with enthusiasm. I felt extremely valued as soon as I came in to the job, almost immediately.


3. To what extent were you given support and guidance by management/your supervisor(s)?

Initially the role created a lot of stretch, as I had very little VBA and Market Risk knowledge, but I was well supported by management as well as colleagues. As time went on my knowledge of both grew and I began to gain a lot of confidence in both my assignments and with communication with colleagues.


4. How busy were you on a daily basis?

Extremely, was not a dull day, every day presented a different challenge. Coding was very difficult to pick up so I balanced learning and being productive for the team at the same time. Therefore was never left with times where I was bored or uninterested in what I was doing/working on.


5. How much responsibility were you given during your placement?

At first I wasn't that busy as I was still learning, but after that I took charge of several projects and had many responsibilities. Over the last couple of months I feel I’ve delivered a strong performance against the expectations of the role and have developed a lot along the way.


6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

VBA – having had no experience previously, I feel my knowledge has expanded vastly, beyond my expectations before starting. VBA has been heavily used in most of the projects I have undertaken. I have had very positive feedback on what I can now deliver using VBA. This particular skill has been my most used skill and definitely increased

Excel – I have a much more in depth understanding of it’s capabilities, from it’s formulas to it’s automation. I now have confidence when using it to solve unfamiliar problems which I have showcased throughout the year.

SQL– Whilst working on the Paris SP’s and working on the ‘Double click’ feature I was exposed to using both SQL and VBA to call an SQL query, and now can code queries freely and confidently.

Banking – Gained exposure to different areas within the bank associated with MRR and their roles and targets. Gathered a vast amount of information about MRR and Market Risk in general


The Organisation

7. What was the general atmosphere in your office?

Very friendly, very chilled out didn't stress anyone out was very good atmosphere to be a part of, everyone was very helpful and open to being asked questions. I would most definitely recommend it. Not only that but working from home was very helpful for keeping everyones energy high whenever in office.


8. How well organised was the overall work placement or internship set up?


9. In terms of personal training and development, to what extent did the company or firm invest in you?

Gave us several opportunities to use different applications such as Business Objects and Tableau. And had several opportunities to attend lunch and learns. Was able to take video courses on Lynda.com for free, as many as I wanted. Also attended a talk on being productive which was very insightful and worth it.


10. What were the perks on your work placement?

  • Company Parties/Events
  • Working from home

11. How appealing are future employment prospects within the organisation?

Will have a chance at going into the grad schemes, 1 of 8, including Risk Management. Will have an interview, those that have performed well overall and in the interview will be offered a position in the 2020 grad scheme (The one they applied for.) It is a fair system and you get told in September.



12. Was there a good social scene amongst any fellow placement students/colleagues?


13. What was the cost of living and socialising in the area you worked in?


14. What was the Nightlife like in the area you worked?


15. Were there many opportunities to get involved in activities outside of work?

Playing a part in the community - Mental Health UK is our charity of choice and all placement students have targeted to collectively raise thousands of pounds. Along side work I allocate a generous amount of time on a weekly basis to doing charity work and trying uplift the community. I do this by organising and executing national charity football tournaments, weekly youth gatherings, annual national sponsored walks. I feel it is extremely important to help others especially when people are struggling and therefore I try my best to make as much of a difference as I can. An example of this would be that I also help young students edit their CVs/covering letters/applications without charging as part of my weekly duties. As part of LBG, we also annually take a day out to go into the community to try and help those in need.