Derivative Confirmation Anaylst at Lloyds Banking Group

Top Employer
Duration
Internship (1-4 Months)
Region
City of London Central London and City
Review Date
Salary
Less than £ 10,000
Roles
Banking - Investment
Lloyds Banking Group is a Top Employer

7.9/10

The Role
7.8
Organisation
7.4

Socialising

8.5

The Role

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

I enjoyed my team they were very sociable and welcoming and gave me the advice and help I needed in order to perform well in the tasks I was given. The overall internship helped me see to the extent of what is involved in terms of areas to work for within a bank. This was so eye-opening as there is so much, I feel like its helped me understand what I would appreciate from a job- a more client facing role (more interaction). I did have a good time and it was a good/eye-opening experience but sometimes I struggled with what I could do in terms of workload and I'm not sure it is the area I'd like to work in.

7/10

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

I was extremely lucky with who I worked with they were very supportive and welcoming. I felt with my responsibilities I halved the pain of the particular task as they have so much to do already so although I asked for help when unsure I definitely contributed to some of their work load in which I felt they were grateful for and they have always been vocal in how helpful I've been.

8/10

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

I was supported massively by my team and everyone I interacted with gave me valuable advice and guidance. I was not sure what to expect having a LM and it hasn't been what I thought it was. I think as an employee rather than a student you have more freedom and I struggled with this at the beginning but sort of found my feet as I went further on. I had my colleagues (team members) who I asked most my questions to.

10/10

4. How busy were you on a daily basis?

I was busy particularly in the mornings as I had daily tasks that needed to be completed as high priority when I came into work. Also it was a mixture throughout my internship as for a couple of weeks I had a lot to juggle with my team as well as other Lloyds activities such as Charity Challenge and Commercial Banking Challenge which took up time in order to prepare.

7/10

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

Throughout my placement, I was given small tasks on a daily basis in which I was accountable for. This was something I appreciated as I knew what was expected of me, my tasks were mainly in the mornings so this was a busy time for me each day in the office. As well as business as usual task reasonability, I was also given the responsibility of producing a report on a regulation in which I had to source information from different teams not just my own and had detailed reading that I undertook.

6/10

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

My degree is in Business Management and I felt like the exposure to a banking environment and the skills required to be successful was made clear. I was able to develop transferable skills within my reading- helping me in my degree, prioritising has definitely been something I have learnt to do which is important- making sure I get what is needed first done and of high importance. Also my communication skills and presentation skills have developed massively which as my degree is interactive in some cases this will help. Also I have used excel a lot which has really improved my ability to use it which due to some maths styles modules at university has been valuable.

9/10

The Organisation

7. What was the general atmosphere in your office?

My office was vibrate and sociable. I had great relationships with my colleagues and we chatted throughout the day. I was also taken out for lunch several times which made me feel a part of the team and just valued. The people were one of the main enjoyments I got from this internship - made friends and made connections/networks.

10/10

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

I do feel like it was a bit rushed and could have been a longer process especially within the on boarding section in order to make sure all the placements and provisions are sorted to then give the final details out. The internships offered out needs to have some work needed to be completed over the 10 weeks and the means for an intern to do something within the team- to help growth and personal development. Whilst being on my internship I do feel information has lacked in some areas especially with feedback and what is expected as an intern.

6/10

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

I feel the internship gave me opportunities to develop and get involved in learning new skills- mainly through shadowing and also getting involved within the area I was placed in. I do feel like when you are here it is important to try and make an effort to develop yourself so being organised and going out there and grabbing opportunities is very important to your own development. As the organisation is so big with thousands of employees, you need to feel like you have done something so be vocal and make your own journey and experience with help from LM's, colleagues or other interns.

7/10

10. What were the perks on your work placement?

  • Flexi Time
  • Company Parties/Events
  • Working from home
7/10

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

I like Lloyds and the culture is something I value strongly and Lloyd's is a nice environment and put people first. If I was to come into a career in Banking Lloyds would definitely be an organisation I hope would employ me. Whether it was one of their graduate schemes or in general I think the people make the organisation and the benefits such as flexi time as well as working from home is definitely an advantage.

7/10

Social

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

If you wanted to get involved and be social you definitely could in London (where I was at least!) lots to do and explore and I was able to tick off my London Bucket List most weekends when I was still there! The accommodation definitely made you feel a part of something and without this (like the opportunity to stay) I could see it being hard to make friends with fellow interns and have the opportunity to socialise properly especially with the range of commuting times!

10/10

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

The cost of living and socialising is very much something you have to get your head around especially when you come from the midlands like me! It is more expensive - clubs cost and the lifestyle includes lunches, dinners and drinks a lot more than at home so again spending is a way of socialising so you just do it. I know London wage is compensated for this, but it is a constant battle of actually trying to save or trying to make the most out of the experience.

4/10

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

London was amazing- expensive but I have learnt to realise this is just the way of life down here since moving for the internship. It is constantly thriving and never is there no people on the streets; it really is like a 24hr city which makes you feel in a strange way safe. Lots of bars, clubs and restaurants which we all tried to utilise.

10/10

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

If you wanted to get involved you could, I think it was more down to individuals in order to arrange this and some people did and others didn't and that was fine! The accommodation was a good way to meet people and feel like you have a support. Lloyds provided socials especially in the Commercial Banking area that I was in and again if you wanted to go it was great way to meet grads/interns and have some food/drink and expensive the city you are in from a 'local' rather than a tourist!

10/10