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

3/5
  • The Role
    3.5
  • The Company
    3.4
  • The Culture
    1.9

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I enjoyed some aspects of the internship because I was able to learn new skills on Excel and develop my general commercial awareness. This was useful because I had never done anything business related beforehand, so it gave me the chance to explore different areas.

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • I was routinely invited to team meetings and conference calls. In general, the atmosphere within the team was quite a positive one. I also spent most of my lunch times with my colleagues which enabled us to get to know each better, so I felt quite valued,

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • If I ever needed help, I had the knowledge that my manager would be there to support me. But, I would have to seek out the help if I ever got stuck. During the mid-placement review, I had the opportunity to discuss my development and in order to meet my targets, my manager offered me the relevant support e.g. shadowing different departments.

    4/5

  • 4. How busy were you on a daily basis?
  • I was given big tasks to do and was given the chance to work through it at my own pace. This gave me a lot of flexibility so I could manage my own time. The times when I had finished my work and was waiting for my manager to give me the next task was the only opportunity where I felt a bit bored.

    4/5

  • 5. How much responsibility were you given during your placement?
  • I was not given that much responsibility. The work I was doing was to locate prospects that the department may look into. I did not have very much opportunity to work with existing clients nor attend meetings with them. I would also have preferred to have a chance to do some presentations.

    2/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • I gained a lot in terms of my communication skills as we also had to participate in the Charity Challenge which gave us a chance to escape work a little! This involved going into local businesses/emailing them to ask for raffle prize donations. This was also the first time I was in an office environment so learnt more about workplace etiquette.

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • There was a good balance between work and play. It was generally relaxed and everyone around me was very friendly. I expected it to be a bit more high-pressured. I enjoyed working within the team!

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • It was generally well organised in terms of the time scale from applying to finding out which department we were placed in. However when I received my initial email, I was told the wrong job title and was barely given any information about what the role would entail. If I had known the specific department I was working with, I could have had a chance to do some background reading about it.

    4/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • We had the opportunity to attend webinars which gave us an introduction to banking. They were very helpful as they were interactive and included features where we were asked a question and we could vote for the correct one. There was also a Q&A element. Furthermore, if I wanted to shadow a team I was interested in, which was in a different city, the company paid for all my travel expenses.

    5/5

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

    Subsidised Canteen

    Sports and Social Club

    Company Car

    Subsidised/Company Gym

    National Travel

    International Travel

    Financial Bonus

    Company Parties/Events

    Staff Sales/Staff Shop

    Above 25 days holiday

    Working from home

    Healthcare from home

    Healthcare/Dental

    Travel loan

    2/5

  • 11. How appealing are future employment prospects within the organisation?
  • It is appealing because it is clear that there is the opportunity to move around since it is a very big organisation. In that sense, it shows there is a large variety of roles available and the bank care for the employees and are willing to let you make a move if you want to. Also 75% of grad scheme places go to interns, so it is highly likely to be able to get a job within the organisation.

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • I wouldn't say there was as were all based in different areas within Birmingham

    2/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • I was based in Birmingham, so it was fairly average.

    4/5

  • 14. What was the Nightlife like in the area you worked?
  • I didn't engage with any of that.

    1/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • We had the Charity Challenge for which we did a samosa sale, Guess the Name of the Bear, Prize Raffle and selling cricket tickets. Apart from this, we didn't have anything else.

    2/5

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Details

Internship (1 Month+)

Accounting, Banking

West Midlands

August 2015


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