Risk Industrial Placement (Edinburgh)

Lloyds Banking Group; City of Edinburgh; On-site; GBP 25,000 - 33,000; Full time

Job summary

Lloyds Banking Group is offering a 12-month Risk Industrial Placement in the UK. Be part of a team that identifies and mitigates risk across credit, analytics, data and modelling. You’ll work on real projects and learn through mentorship and hands-on experience.

Applicants should be penultimate-year students with a strong analytical mindset and a willingness to learn coding. Visa sponsorship is not available. Applications open soon and close on 8 November 2026.

Qualifications

• Demonstrate analytical thinking and curiosity to understand technical concepts.
• Shown willingness to learn coding during the programme.
• Be in your penultimate year at university.
• Demonstrate sound knowledge, understanding and technical skills aligned to the role.
• We cannot sponsor visas.

Responsibilities

• Analyze credit risk and customer behavior to inform lending decisions.
• Use data modelling and forecasting to support risk management.
• Translate regulatory concepts into practical business processes.
• Contribute to risk identification and improvement initiatives.

Skills

Analytical mindset

Willingness to learn coding

Problem solving

Education

Penultimate year at university

Job description

End Date Saturday 07 November 2026 Salary Range £29,000

Job Description Summary Prior to submitting your application, please visit our early careers website to find out more about the schemes we offer and the recruitment journey: www.lloydsbankinggrouptalent.com. Our industrial placements may close early if we receive a high number of applications, so it’s best to apply as soon as you can. If you have any questions, please do contact the team at [e-mail].

Job Description

Be the reason we stay one step ahead At Lloyds Banking Group, risk management 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 customers, 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 IP scheme, you’ll be part of the team making sure we always play it smart.

One year. High Impact Over this 12 month programme, you’ll be placed in our Financial Risk or Credit teams amongst a number of risk specialisms, giving you a 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, or
• Specialist Risk – diving deep into capital, liquidity and market risks to solve challenges most people never even see.

The kit you’ll have at your fingertips

This isn’t about staring at spreadsheets.

You could be hands-on with:

• Regulatory frameworks like PRA and FCA compliance. Turning rules into real-world solutions.
• Robotics, cognitive computing and AI to automate, analyse and outsmart the bad stuff.
• Advanced forecasting tools to stress-test decisions.

Learn fast. Apply faster

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 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.
• Using modelling to forecast financial performance.
• Finding ways AI can drive efficiencies and innovative solutions.

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 have the confidence and understanding to be able to take your future forward.

Requirements

• The need to demonstrate an analytical mindset, with the curiosity and ability to understand and apply technical concepts aligned to the role.
• You don’t need to know how to code today, but you should be excited to learn and we’ll support you in building these skills during the programme.
• Be in your penultimate year at university.
• While we do not require a set projected 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.
• We cannot sponsor visas.

Opening and Closing date

Applications for our Risk Industrial Placement open on 10th September and close on 8th November. Our IP scheme may close early if we receive a high number of applications, so it’s best to apply as soon as you can.

How to apply

Our application process is designed to help you shine. We want everyone to feel they belong and can be their best, regardless of background, identity, or culture. At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

With 320 years under our belt, we're used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers. Here, you'll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.

Should you need help or want to ask a question, please contact us at [e-mail].

Learn about the Group and our culture and values on our talent website Home - Lloyds Banking Group Talent or visit our Instagram to keep up-to-date @LBGearlytalent.