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

3.9/5
  • The Role
    4.3
  • The Company
    3.6
  • The Culture
    3.8

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I felt the internship was an insightful experience, with plenty of opportunity to learn about the business.

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • I was treated as if I was a graduate from the day I started and provided with meaningful work that I saw benefitting the team. This was very rewarding.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • I was encouraged by both my line manager and colleagues to enhance my view of the bank and was actively helped in trying to find people to chat with in different departments. Everyone was willing to help if I asked for support relating to projects that I was given.

    4/5

  • 4. How busy were you on a daily basis?
  • Most days I would work from 8 - 6, but during busier times I would stay later to get work done. On some days there would be a lull in the office, usually due to holiday time in the summer, and there would not be much work. These were few and far between

    5/5

  • 5. How much responsibility were you given during your placement?
  • As mentioned previously, I wass treated as if I was a grad, and also given projects to manage and lead during my time here.

    5/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • At the beginning of the internship there were Webinars which explained the basics of banking, however these were too few in my opinion. There could have been more networking and learning opportunities given to Interns, considering the amount that were in the office during the summer period.

    3/5

    The Company

  • 7. What was the general atmosphere in your office?
  • The atmosphere was fairly relaxed, with everyone willing to chat if needed. During busy periods the atmosphere was very conducive to work.

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • The work experience itself was set up well, with contact points at each step being well communicated and easy to reach. There could have been more events set up by LBG for interns and scholars, for example Lunch and Learn opportunities or networking events.

    4/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • The company seemed to invest a lot in this aspect, with everyone on the internship scheme given the opportunity to progress to the Graduate scheme. Training wise, there was not much in depth training within my role, but I have heard differently from peers in other areas of the bank.

    4/5

  • 10. What were the perks on your work placement?
  • Flexi Time

    Subsidised Canteen

    Subsidised/Company Gym

    Working from home

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • All interns get the opportunity to be referred by their Line Manager onto the graduate program, on the basis of performance during the 10 weeks. The opportunity to switch schemes is also present but is touted as being fairly difficult due to lack of positions.

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • All interns were put up in Student Accomodation, and so there was a fairly good social scene among the interns here. Graduates would also organise events for both interns and the graduates within the bank

    5/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • London prices, however the main cost of rent was covered by Lloyds.

    4/5

  • 14. What was the Nightlife like in the area you worked?
  • Again, situated in London, so plenty of places to see and go out to.

    4/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • Opportunities to get involved with things outside of work were plentiful, if you are outgoing etc.

    3/5

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Details

Internship (1 Month+)

Commercial Banking

London

August 2015


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