This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.
Rating
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The Role
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The Company
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The Culture
- 1. To what extent did you enjoy your work placement or internship?
- 2. To what extent did you feel valued by your colleagues?
- 3. To what extent were you given support and guidance by management/your supervisor(s)?
- 4. How busy were you on a daily basis?
- 5. How much responsibility were you given during your placement?
- 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
- 7. What was the general atmosphere in your 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?
- 10. What were the perks on your work placement?
- 11. How appealing are future employment prospects within the organisation?
- 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?
The Role
Really enjoyed my placement working in credit risk. My role was varied and I was very visible to senior stakeholders across the business. Shadowing other areas was also encouraged and I was able to see commercial banking, group digital and other areas of risk. Would definitely recommend it no matter what company you end up working for.
Lloyds has a really strong culture and very strong values. Other colleagues around me were very supportive during up's and downs. Everyone knows you are trying to learn and gain as much experience as possible and so they are willing to support you in your development. We work in teams collaboratively and I found colleagues supportive of working flexibly.
I properly had the best line managers I could have asked for. They have been supportive throughout my placement, encouraging me to take on challenging tasks, supportive of me shadowing other areas, allowing me to work from home when I needed to and had regular 1-1's to ensure I was getting the most out of my placement.
In the first couple of weeks I was not busy at all to be honest. I arrived at quite a challenging time for the programme I was working on and it was quite difficult to get face time from my managers. But since then I have been very busy and when I'm not I've sort work from other people in my wider team.
I have given a huge amount of responsibility as I've progressed through my placement. When I started I was taking notes and doing smaller tasks in comparison to now where I am running some meetings and contributing to others. You can pretty much have as much responsibility as you want, it is up to you to drive your workload.
I don't think the skills will necessarily help me in my degree studies albeit I will be able to better manage my time and focus more on more studies. However beyond I have developed an understanding of risk and how the different division fit and work together in a financial services company. I have also developed my soft skills such as stakeholder management; managing expectations and competency examples which I will be able to take to any company I choose to work for.
The Company
Generally good. We all hot desk and so you are not always sitting with your team however everyone is nice and welcoming wherever you sit. As I mentioned earlier the culture at Lloyds is very good and relatively laid back in comparison to some of the investment banks. You'll rarely get up in the morning and think 'do I have to go into work'.
Relatively well. In comparison to some of my friends on placement at other company's I do think Lloyds could do a bit more for the placement students. They have no budget to run any socials or organise a meet for all the interns which is a bit disappointing. But you find a few interns will organise events amongst themselves and invite everyone so it doesn't end up being such an issue.
If you are in a risk technical role you attend a boot camp at the beginning of your placement which I have heard is great fun. I personally had the opportunity to attend a project management course and was given some documentation to read but most of your learning is on the job. Either way you can be rest assured that the firm does invest in developing you throughout your placement.
Working from home
Travel loan
I really enjoyed my time here and look forward to applying for the Risk Graduate scheme which enables you to complete 4x 6month placements and then roll off as a manager which is exciting. However there are pressures on head count numbers at the moment although this is an issue across the banking industry.
The Culture
Generally good.
Expect London prices.
Great, you will find something you like in London.
Well ran a dodge ball group and there was also a weekly football team you could join.
Details
Placement (10 Months+)
June 2016