Risk Graduate Scheme - Birmingham

targetjobs UK; Birmingham; Hybrid; GBP 36,000 - 48,000; Full time

Job summary

Lloyds Banking Group in the UK is launching a Risk Graduate Scheme. Over two years you’ll complete three eight-month placements across different risk specialisms, giving you a broad, well‑rounded foundation for a long‑term career in risk.

You’ll rotate through Credit & Customer risk, Analytics, Data & Modelling, and Specialist Risk, with hands‑on projects, mentoring and training. The programme is based in UK locations with hybrid working, including Birmingham, London and other offices, and

Qualifications

• Qualifications available to pursue during the programme.
• Training and costs are all taken care of.
• A mix of optional certifications aligned to risk roles.

Responsibilities

• Rotations across risk specialisms with eight‑month placements.
• Work on credit risk, analytics and modelling, and market risk.
• Contribute to shaping lending decisions and risk controls.

Education

Financial Risk Manager (FRM)

Global Credit Certificate

Chartered Banker Diploma

ICA Diploma in Governance, Risk and Compliance

Job description

Use the latest techniques and technologies to quantify, understand and optimise the risk of millions of customers and Help Britain Prosper.

Duration – 2 years

Salary – £42,000 plus fantastic benefits

Locations – Leeds, Edinburgh, Bristol, Birmingham and London. Mix office and home working with our hybrid working policy. The entire graduate scheme will be based in a single location.

Qualifications – A range of optional certifications and qualifications are available. Training and costs are all taken care of.

Be the reason we stay one step ahead

At Lloyds Banking Group, risk isn’t about hiding under the desk until the danger passes. It’s about spotting opportunities, protecting the people who count on us, protecting our business, and staying one step ahead.

Our Risk teams keep over 28 million customers safe. Identifying and mitigating the threats from global market instability to economic headwinds, from customer lending to economic crime. And on the Risk Graduate Scheme, you’ll be part of the team making sure we always play it smart.

Two years. Three high-impact rotations

Over this 2-year programme, you’ll complete three eight-month placements across different risk specialisms, giving you a broad, well-rounded foundation for a long‑term career in risk. Think of it as a guided tour of the most fascinating and fast-moving corners of the risk world.

You Could Be Delving Into

• Credit & Customer- analysing credit risk, understanding customer behaviour and shaping lending decisions.
• Analytics, Data & Modelling- using cutting‑edge modelling techniques, data science and AI to predict and manage risk.
• Specialist Risk- diving deep into market, operational or insurance risk to solve challenges most people never even see.

Qualifications

• Financial Risk Manager (FRM)
• Global Credit Certificate
• Chartered Banker Diploma
• ICA Diploma in Governance, Risk and Compliance

Whichever path you choose, you’ll gain the tools and experience to help us build a more secure financial future.

The kit you’ll have at your fingertips

This isn’t about staring at spreadsheets. You’ll be hands‑on with:

• Robotics, cognitive computing and AI to automate, analyse and outsmart the bad stuff.
• Advanced forecasting tools to stress‑test decisions.
• Regulatory frameworks like PRA and FCA compliance. Turning rules into real‑world solutions.
• Projects in sustainability, climate risk, and GenAI. Shaping the future as well as protecting it.

Learn fast. Apply faster

We’re looking for naturally curious minds who see patterns others miss, who enjoy solving problems from every angle, and who can’t resist asking “what if?”. You’ll get the space to explore how new technologies can transform risk management, and the freedom to experiment with them.

We’ll help you sharpen your analytical skills while building the communication and relationship‑building strengths you’ll need to influence and collaborate effectively across the business.

You’ll Have

• A mentor to guide you and challenge your thinking.
• Technical training and business skills development, so you can connect analysis to action.
• Platforms like Viva Learning and our Learning Management System to keep levelling up.
• A culture where curiosity is encouraged, and problem‑solving is part of the job description.

The work you could be doing

• Making smarter lending decisions for millions of customers.
• Turning complex regulations into business processes that actually work.
• Partnering with teams to manage operational risk.
• Using modelling to forecast financial performance.
• Helping launch new payment tech and sustainability strategies.
• Finding ways AI can keep us a step ahead of fraud and cyber threats.

Your backstage pass to the UK’s risk network

• Birmingham- Economic Crime Prevention HQ, where strategy meets intelligence.
• Bristol- Modelling, forecasting and operational risk experts.
• Edinburgh- Specialists in Insurance, Pensions & Investments risk partnering.
• Leeds- Modelling, data, and decision‑making at scale.
• London- Financial Markets risk, liquidity forecasting, Corporate Credit and Regulator engagement.

Your future, fully backed You’ll earn a great salary while building skills every sector wants - from banking to fintech to consulting. By the end, you’ll be the person who can walk into any room, explain the risk, influence the outcome, and lead the way forward.

Requirements

What you need to apply

• While we do not require a minimum degree achievement, we strongly recommend the ability to be able to demonstrate sound knowledge, understanding and technical skills aligned to the role. Some aspects of this, alongside behaviours and values, will be assessed through the application process.
• Please note that we cannot sponsor visas

Locations

Choose from Bristol, Birmingham, Edinburgh, Leeds, and London. You’ll be based there throughout your programme. With our hybrid working policy, all colleagues are expected to spend a minimum of two days each week in the office. The entire graduate scheme will be based in a single location.

Opening and Closing date

Applications for Risk Graduate Scheme open on 10th September. London applications will close on 4th October, Edinburgh, Bristol and Birmingham will close on 25th October and Leeds will close on 8th November.

Our graduate schemes may close early if we receive a high number of applications, so it’s best to apply as soon as you can.