Commercial Banking 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

4.7/5
  • The Role
    5.0
  • The Company
    4.5
  • The Culture
    4.4

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I really enjoyed the internship. You are given great exposure to day to day job being able to get involved with the products on offer in banking. The personal development is hands on with free training for various different core skills such as Bloomberg / financial markets. You are given the opportunity to give presentations and demonstrate what you have learnt and what you would like to get into. moving around the department and learning about all aspects of banking is greatly encouraged.

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • Being an intern you are always going to feel useless however Lloyds use the internship as a "10 week interview" so they will test you and push you and really try and see what you can produce as this is not only a great opportunity for you, this is also a great opportunity for them to find the best future talent.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • I had regular 1 to 1s with senior members of my team and the department as a whole. Everyone was very supportive of me learning from scratch ultimately with the view of me being an asset to the team further down the line.

    5/5

  • 4. How busy were you on a daily basis?
  • As with any job you're as busy as you make yourself. I chose to be the first into the office and one of the last to leave. That's how you get judged. Work doesn't fall into your lap. Its good to be visibly hungry for it.

    5/5

  • 5. How much responsibility were you given during your placement?
  • Being in a client facing team there wasn't a huge amount of responsibility I could be trusted with on that front because I don't have the necessary exam qualifications (sector specific and provided by Lloyds) however, in terms of providing monthly reports for the senior management team and presenting in front of senior stakeholders I was trusted and expected to be accurate. Furthermore, I helped organise client and team conferences which is a huge responsibility as I was the cog between it being a success or failing.

    5/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • It gives you a great perspective of what is relevant and what is not. Furthermore, it gives you greater clarity on what sort of skills you need to be taking from how you apply yourself at University and what skills you need to nurture in order to be an asset to a FTSE100 company. It certainly shocked me into seeing if I worked half as hard at university as I did on my placement life would be a lot much easier. You certainly are in a bubble at University and I won't take it for granted again!

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • Lloyds has crystal clear values it looks for in its recruitment process and this really shows around the office. The atmosphere is unparalleled. Everyone is dedicated to helping each other excel. The customer is at the forefront of everyone's mind. It's really refreshing working in an environment where everyone is totally compatible and has exactly the same vision.

    5/5

  • 8. How well organised was the overall work placement or internship set up?
  • The Internship was really well organised. I have access to all the relevant software and products. There is a rigid structure in place for learning and development which is well thought through and highly beneficial.

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • The company invested much time into developing me professionally. The internship scheme itself organised a series of online training sessions to do with general employability all the way to more specific banking training. In a more departmental focus, they were committed to developing us on relevant skills such as Bloomberg, banking and markets and organising presentations to develop core skills. All of the scheme leaders, line managers and even team members were highly invested in nurturing talent.

    5/5

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

    Sports and Social Club

    Subsidised/Company Gym

    National Travel

    Company Parties/Events

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • The grad scheme has one of the highest salaries within its competitors so you are well compensated. All training is paid for and encouraged with further training and study days provided to aid learning. opportunities to experience all aspects of the business are greatly encouraged which makes it very attractive for someone who is not too sure what they want to specialise in.

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • There is no organised intern social culture you have to take the initiative yourself to organise. However, we did and I have made some really good friends not just 'colleagues'

    5/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • London is expensive so expect a pint to cost as much as a meal! However, accommodation is provided in a decent location so that is very helpful.

    5/5

  • 14. What was the Nightlife like in the area you worked?
  • London is a great place to work and socialise. It's where everything happens, I can't say much else!

    5/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • You have to go looking for them but Lloyds has a well sponsored array of teams and events. For instance I joined the rugby club and loved it. Someone in my team joined the football club and loved it.

    3/5

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Details

Internship (1 Month+)

London

August 2017


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