Retail Business Risk, Fraud and Financial Crime Contractor Review

by Lloyds Banking Group

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

4.2/5
  • The Role
    4.3
  • The Company
    4.0
  • The Culture
    4.4

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • The people at Lloyds are great, and they work with the good values and ethics of the bank in mind. So that creates a pleasant environment to work, even when you first start and you know next to nothing about the area in which you've been placed. I found that I was given a worthwhile project to complete, which meant a lot to me as it allowed me to develop skills and personally and professionally. My line manage was on-board to invite me to various conferences to enable me to broaden my knowledge of the bank and get really involved with things going on. Overall, I really enjoyed working at Lloyds Banking Group.

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • I found that I was given a worthwhile project to complete, so the work that I did was then used by other colleagues further on the "production line". So the work that I was doing really was influencing practise in the bank, even if in just a small way. I found that credit was given when due and criticism applied if need be. As you would expect. The end result was a good piece of work and so yes, I did feel valued by my colleagues. Of course, they understood, I was only working for a short period of time and so my knowledge and experience would be limited. A few times as a team we went out for drinks in Edinburgh, this extended our relationship and made it easier to contribute in meetings, as I felt that I knew my team a lot better.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • There was a lot of guidance available. But in many circumstances you had to seek out the right person. Of course, this was with the support of my line manager. If I wanted to get some work experience in a different business area, I could ask my manager for contacts and I could be proactive in getting things done. Also through out my internship, calls were set up with other interns and graduates so that we could share experiences and support each other.

    5/5

  • 4. How busy were you on a daily basis?
  • My weeks tended to be very varied, I would have some days when I had so many meetings I didn't really get much work done. Then other days I could just slowly complete my task because my meetings were few and far between. But there was always something to do. If you are proactive in looking for something to do, and ask, you will always find something.

    4/5

  • 5. How much responsibility were you given during your placement?
  • I felt that the project I was given entitled me to a lot of responsibility. It was a project that required a lot of independent work and then I could ask people for all over the business to send me information from me to work from. Obviously I was quite running the show, my I did have a lot of freedom and responsibility.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • I am studying economics. So working for Lloyds, a group of many brands, has given me a insight into the banking sector as a whole. This is hugely useful for some of my modules in my course and helping my decide what I want to do after university. My project involved a lot of independent learning, which is crucial at university. As well as self organisation, time management, written and verbal communication. I started my internship as someone who hated phone calls, but after about 7 calls a day, you build those skills and keep them for life.

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • My floor of the office was fairly quite. But conversations happened across desks and we all took turns to get drinks for each other. It was a friendly environment, you could go up to someone's desk who you've never met, introduce yourself, and they would be happy to help. In the main atrium of the office there was the canteen and all the interns sat together, which was really nice. In the atrium most days there would either me a charity bake sale or a company in to talk about there services etc.

    3/5

  • 8. How well organised was the overall work placement or internship set up?
  • The organisation of the internship was fantastic. My flights to Edinburgh were booked for me. I had been in contact with my line manager beforehand and we met before my first day. There was a induction day in London to answer all our questions and meet people placed in the same city. I couldn't fault the internships organisation.

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • I feel like LBG invest heavily in Emerging Talent. There is a charity challenge in place, induction days, development weekend, Lloyds really look after you and invest in you.

    5/5

  • 10. What were the perks on your work placement?
  • Subsidised Canteen

    Subsidised/Company Gym

    Company Parties/Events

    4/5

  • 11. How appealing are future employment prospects within the organisation?
  • They are very appealing. Good opportunity on the graduate scheme and further progression after that. Perhaps other companies pay more, but I feel that Lloyds value its workers far more than other banks and are a friendly place to work.

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • The social scene among the other interns was fantastic! We would commute together eat lunch together, all go out on the weekends and explore Edinburgh as well.

    5/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • Edinburgh is a fairly expensive city, but as Lloyds pay for accommodation the element of rent prices becomes irrelevant. Food prices and entertainment etc is probably no different than most big cities. Obviously, you can choose where you go and what you do to make your time as cheap or expensive as you like. Cost of living is mostly down to peoples own preferences and habits.

    3/5

  • 14. What was the Nightlife like in the area you worked?
  • Nightlife was great Edinburgh has loads of clubs, all of which are quite unique and there is definitely something for everyone. There are countless cocktail bars, and gin in Edinburgh is amazing. If you aren't into clubs there are jazz bars, comedy clubs, Edinburgh really is a city of culture and you can always find something to do.

    5/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • My internship coincided with the Fringe Festival, so there was so much to do! Every kind of music or performance you could imagine was available. Near Edinburgh are beautiful hills for walking, a beach, shopping and galleries. There's so much to get involved in and I certainly made the most of it.

    5/5

    Report this review

Details

Internship (1 Month+)

Retail Banking

Scotland

July 2017


View More Reviews

View More Jobs