Intern at Lloyds Banking Group

Top Employer
Duration
Internship (1-4 Months)
Region
London Central London and City
Review Date
Salary
£18,000 - £19,999
Roles
Banking/Finance

Connect with this company

Lloyds Banking Group is a Top Employer

7.6/10

The Role
8.5
Organisation
7.2

Socialising

6.8

The Role

Role Description

Intern in market risk

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

Really encouraging work and very very rewarding and as well had the brilliant opportunity to meet lots of staff from different operations and different roles. This provided a wealth of experience in and of itself. Lloyds staff I worked within my team were extremely helpful as well along with the non-team staff from other business areas.

10/10

Imagine yourself working at Lloyds Banking Group

RateMyPlacement is currently advertising 8 roles at Lloyds Banking Group

View jobs now →

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

A lot of my work was independently done. But this was the nature of my work and the team itself which primarily focused on coding, data analysis and modelling financials and pricing strategies for market risk. However, I had a welcoming team with members from various backgrounds and experiences. I also had good contact hours with my manager and with my line manager which was very useful.

9/10

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

My manager was not always available but this was to be expected because he was quite senior within the company. However, we had good communication before the internship had begun and was able to meet with him to discuss my work and progress. I also reported to my senior manager who was extremely helpful and we had several catch up meetings.

10/10

4. How busy were you on a daily basis?

I was very busy. During the first few weeks, it was a bit slow due to the fact that most of my team were away on annual leave, therefore, I spent most of my team improving my coding knowledge and completing induction training. Later on towards the middle of the internship, it got busier with more work and very busy towards the end.

9/10

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

I was given a fair amount of responsibilities however this was only an internship which didn't require a huge amount face to face work. I had the responsibility of creating and building and testing models that were created by other teams which directly had an impact on business operations and other sectors of the group.

8/10

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

The internship itself allowed me to meet a lot of different people in different areas of the group which allowed me to find out more about new projects and areas of interest for the group such as machine learning and AI. In my current studies, I will be focusing on these particular areas as well as finance and coding and machine learning.

5/10

Imagine yourself working at Lloyds Banking Group

RateMyPlacement is currently advertising 8 roles at Lloyds Banking Group

View jobs now →

The Organisation

7. What was the general atmosphere in your office?

Very pleasent atmosphere, most office staff were very approachable and were very happy to discuss their work. This was useful in getting to know people and find out more about the group. Casual dress code with shirt and trousers with Fridays being very casual. The environment was relaxed and people were very friendly.

8/10

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

Very well organised from start to finish. When I arrived there seemed to be a few delays in terms of getting my work and login details sorted however, this was more to do with IT and less so to do with my team. Desks were not permanent and we had to change daily or weekly (mostly daily), hard to keep track of where you could be.

8/10

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

A lot of training and advice was given by other staff and colleagues however it was possible to learn remotely through groups access to Lynda.com. This was very useful to help get used to different programs that were being used by the team and the group. Learnt useful programming tricks from other staff and my team.

8/10

10. What were the perks on your work placement?

  • Flexi Time
  • Sports and Social Club
  • Company Parties/Events
  • Working from home
5/10

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

Very appealing to graduate programs, however, the internships were fixed positions which did not allow you to experience work in other areas of the group which would be useful to get an idea of what area you would be interested in working within. They have changed their grad program which means it is a bit more difficult to get a position in popular areas or oversubscribed areas like commercial banking.

7/10

Social

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

Other staff were very social with lots of out of work activities like football and poker nights. Grads expensed socials after training to help us network. This was good as it helped us get to know more people and allowed us to casually meet more people. Also had lots of casual meetings and parties.

8/10

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

London, which is a big city so you can expect to pay london prices for most social and living things. Lunch can vary from £3 - £10 a day depending on what you eat. If you dont live in london, as an intern you get free housing but food and other stuff has to be paid for by yourself and so does travel.

6/10

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

Depends if you were interested. Big city like london there was plenty to do. The interns created a group chat to share places to go and we had parties in the accommodation given to us by the group. Can be a bit expensive going out since it is london and most clubs are quite expensive.

7/10

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

Quite a few opportunities to get involved in activities outside of work. We had a charity challenge to balance alongside our own work which required stakeholder management and careful understanding of how to operate in a team and within a group. There was also a football social outside of work which was weekly and involved various parts of the group.

6/10

Imagine yourself working at Lloyds Banking Group

RateMyPlacement is currently advertising 8 roles at Lloyds Banking Group

View jobs now →