Clients and Markets intern 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

3.5/5
  • The Role
    3.9
  • The Company
    3.4
  • The Culture
    3.0

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • The internship was actually fairly enjoyable. More or less every single person that works there is extremely nice which is a major factor in this answer. In terms of the work, there were times where it could be more challenging, however, I am sure this is similar to a lot of other placements. There are a number of intern only events and fundraising challenges which also help you meet fellow interns.

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • The work you carry out is pivotal to the company. If the work you are given is not delivered, it will have an impact on the company. In saying that, the colleagues I worked with were all so nice. If you had trouble with work, everyone was extremely approachable and gave sound advice. So in that sense, there is a nice balance between being valued by your colleagues but also not being under immense pressure.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • The support was very good. I had weekly meetings with my line manager to allow me to gain feedback as well as discuss which projects I was working on. One note, is that there is no real formal training which may seem daunting. However, there are small sessions where you can learn a lot. Additionally, the support you can gain from any colleague in the office was really good. Due to the fact that everyone in the office was so friendly.

    4/5

  • 4. How busy were you on a daily basis?
  • With any internship, the start will most likely be slow. So there were a number of days where there wasn't as much to do as other days. However, if you were not busy with work you were given - it was easy to speak to somebody in the office and ask them for work or to just shadow them for an hour or so. Secondly, the inclusion of intern run events and challenges allows the days to go fairly fast. Similarly, I was working 9-5 everyday which is a nice balance for an intern.

    4/5

  • 5. How much responsibility were you given during your placement?
  • A number of projects, mainly towards the end of the internship, allowed us to contribute meaningful work. I was allowed to present to senior managers on a number of occasions the work which I carried out. I was not micromanaged so was given the freedom to tackle problems in anyway I saw. However, expectedly as an intern the work you do will not be extremely crucial but it is what you make of it really.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • As I study engineering, there will undoubtedly be no directly applicable skills to my degree studies. Though, the skills you learn here will serve you well in any company you decide to work at. You learn how to produce quality work, whilst working with senior professionals. You learn a number of new skills in excel, powerpoint and research. As well as managing a number of projects concurrently.

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • Everyone is extremely normal and the "agile" approach Lloyds takes to its style of work really create a good atmosphere in the office. There are dress down Friday's, as well as numerous bake sales for charity. Depending on where you are the office is seldom quiet and stale. Plenty of young people too.

    5/5

  • 8. How well organised was the overall work placement or internship set up?
  • The overall placement was organised alright. However, there were certain divisions which I think could be organised better. For instance, our induction wasn't until the end of the second week at the company. Also, there was no full training days before this so was heavily reliant on individuals and the team teaching you the basics. There were also interns who applied to two different schemes doing very similar work, which is something to think about.

    3/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • The company did release personal training activities biweekly. These allowed you to learn online, as well as hold sessions for interns to put into practice a number of the teachings. With the work still being fairly busy, it may have been difficult to fit in a lot of training though.

    3/5

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

    Subsidised/Company Gym

    Company Parties/Events

    Above 25 days holiday

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • It depends what you want to do but since the people make the company, it is actually very appealing. If banking is for you then working at Lloyds would be great. The people are really nice, they have a fairly relaxed approach, the hours aren't horrible, however this comes at a cost - as the pay isn't as much as many other banks.

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • Since the company offers free accommodation for interns who have nowhere to stay in the city of their scheme, the social life would probably be a lot better in the halls that they stay. Though, I was not in the halls so it is hard to tell. There was an intern boat party organised, as well as going for a few pints down the well after work on a few occasions.

    3/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • Central London, so living and socialising around this area is never going to be cheap. However, not really a fault of the company as this is where you want to be anyway. Going for a few beers after work wouldn't break the bank but if you wanted a big one, I would go elsewhere. As for living, if you get the accommodation its free so...

    4/5

  • 14. What was the Nightlife like in the area you worked?
  • Central London, never really went out there as I am not a massive baller. However, near enough Shoreditch which is a good night out so cant complain too much with the nightlife. You are in London as well so you can really go anywhere within a bout half an hour.

    4/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • Not really at all. Had a couple events early on, but following that there wasn't much happening. Especially for interns. Organising things for interns only to come to though was easy enough so you don't have to rely purely on the company. Also, it is London so loads of clubs to join.

    2/5

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Details

Internship (1 Month+)

London

August 2018


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