Credit Risk Analyst at Lloyds Banking Group

Top Employer
Placement Year (10 Months+)
Wolverhampton West Midlands
Review Date
£18,000 - £19,999
Banking - Retail Banking/Finance Property/Real Estate
Lloyds Banking Group is a Top Employer


The Role



The Role

Role Description

My role was to own reports and to get involved with projects, aiding the risk management and process overview of Buy-to-let Mortgage lending.

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

I really enjoyed my time as an IP at LBG, the agile approach to working is something I really took on board and I hope that I will return as a graduate is enjoyed it that much.


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

Being in a location where there are few IP's / Graduates and in a team with the same title as other analysts, I felt part of the team straight away and not 'just an IP'. I took on important tasks throughout the year having lots of trust placed in me.


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

My manager was excellent throughout, regular catch ups meant I was always comfortable with where I stood. There is an expectation to manage your own learning, which I enjoyed.


4. How busy were you on a daily basis?

Towards the start I found that I didn't have enough to do, but having taken this opportunity to take in as much information about the team and the Risk function of the bank as possible, I found I could cope with more tasks that were sent my way as the year went on. Towards the end I had a great balance.


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

A lot of responsibility was placed on me as an IP at LBG, with the tasks I was given I was working closely with colleagues across divisions and with senior analysts in the team. I had opportunities to present to a wider range of stakeholders after proving myself throughout the year.


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

I believe plenty of soft skills have improved throughout the year through being in a pressurised work environment, and that it will serve me well going into my final year.

I also picked up coding skills and got to a point that I didn't think I would get to over the year.


The Organisation

7. What was the general atmosphere in your office?

The office was a bit quiet, however I was in one of the smaller offices offered to IP's. I liked this quiet setting as I could get work done, living close to home is what I wanted this year which was the main thing.


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

Getting set up onto the systems when starting took a little bit of time, and as it's not mandatory for a handover period I was unfortunate in that I didn't have the previous IP I was taking over to sit with me for a couple of weeks to bed me in.

Impressing on the IP scheme can land you a graduate role, which is great, however it wasn't very well communicated throughout the year in terms of timelines or how your performance will impact the graduate scheme application. I understand this year was a year where the scheme came under change, so I expect this to improve in future.


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

I had coding training weekly in aid of supporting a basic coding qualification, and my line manager invested time into reviewing my development plan to support my personal growth.

To improve, maybe some sort of qualification for all IP's to achieve in the year could be implemented.


10. What were the perks on your work placement?

  • Flexi Time
  • National Travel
  • Company Parties/Events
  • Staff Sales/Staff Shop
  • Working from home
  • Travel loan

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

I will be returning to LBG almost definitely, I really enjoyed my placement year with them and there commitment to Helping Britain Prosper is something I appreciate personally.



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

I got on with the other placement students and my colleagues, however as I was in a quiet office there wasn't many times we'd go out for drinks etc.


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

I lived at home in Wolverhampton and managed to save up a fair amount over the year to aid my final year of studies.


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

Wolverhampton nightlife has died since they changed Yates' into Slug and Lettuce. But me and my friends make the most of it.


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

There were lots of opportunities for additional activities inside and outside of work, however it always helps living close to the area.