Risk Level 3 Apprenticeship 2027 - London

Lloyds Banking Group; City of Edinburgh; Hybrid; GBP 27,000 - 32,000; Full time

Benefits offered by this job

Blended learning

Mentor support

Dedicated development time

Networking with colleagues

Fully funded Level 3 apprenticeship

Job summary

Lloyds Banking Group in the UK offers a two-year Risk Apprentice programme across Bristol, Edinburgh and London. You will rotate through projects on fraud prevention, regulatory compliance and risk reporting, learning to spot issues before they happen while helping teams stay compliant.

The role includes blended learning, dedicated development time, mentoring, and a fully funded Level 3 Compliance & Risk apprenticeship.

Qualifications

• Knowledge of risk and regulatory frameworks is required.
• Ability to present complex information clearly and concisely.
• Experience in reporting and evidence-based decision making.
• Strong communication skills to explain risks to various stakeholders.

Responsibilities

• Engage with risk and compliance projects across the bank.
• Identify and reduce potential risks before they grow.
• Produce reports that inform leadership decisions.
• Communicate risks in clear, accessible terms.

Skills

Risk basics

Analytical thinking

Clear communication

Safety mindset

Education

5 GCSEs including Maths & English

National 5s including Maths & English

Job description

Be our safety net

At Lloyds Banking Group, protecting our 28 million customers isn’t just important. It’s essential. From everyday payments to big business deals, people count on us to keep their money and data safe.

That’s where you come in. As a Risk Apprentice, you’ll learn how to spot problems before they happen, help teams stay on the right side of complex regulations, and keep our bank (and our customers) protected. Think of it as being the safety net for Britain’s biggest digital bank.

• Duration: 2 years
• Salary: £27,400 (Bristol & Edinburgh) £32,000 (London)
• Location: Bristol, Edinburgh and London
• Start: September 2027
• Qualification: Level 3 Compliance & Risk apprenticeship with Kaplan.

Two years. Real risks. Real impact

This two-year apprenticeship combines classroom learning with hands‑on experience. You’ll rotate through projects that show you just how wide-ranging risk management can be - from fraud prevention to regulatory compliance.

You’ll cover topics like:

• Understanding legal and regulatory frameworks (yes, the rules of the game)
• Presenting complex information clearly (because jargon doesn’t help anyone)
• Reporting and analysing risk situations
• How to build evidence‑based reports leaders can act on

And you won’t just learn theory. You’ll apply it in real life, every day.

The work you could be doing

• Helping colleagues apply legal and regulatory frameworks
• Spotting and reducing potential risks before they grow
• Writing clear reports that help decision‑makers take action
• Communicating risks in ways that everyone can understand

Your skills toolkit

You’ll master:

• Risk and compliance basics (the “must-haves” in financial services)
• Analytical thinking and evidence‑based reporting
• Communication skills that make complex stuff simple
• How to keep customers, colleagues and the business safe

Support in your corner

We’ll back you all the way with:

• Blended learning: real projects + tutor‑led study
• Time dedicated to your development
• A mentor, a manager and a buddy who’ll share their experience
• A network of colleagues who’ve got your back (and your career)

Your future. Fully funded

• We’ll pay your salary and cover the cost of your studies, giving you the opportunity to complete a fully funded level 3 apprenticeship in Compliance & Risk.
• Alongside this, you’ll build transferable skills that can open doors across the financial services sector, and gain valuable experience at the heart of a bank that supports millions of businesses and customers.

Requirements

What you’ll need

England locations

• You’ll need to be at least 18 years old on 1st September 2027
• 5 GCSEs at grade 4 – 9 including Maths and English

Edinburgh

• You’ll need to be at least 18 years old before the end of February 2028
• 5 Nationals 5s at grades A-C including Maths and English

Important information

An additional requirement for the apprenticeship position is that you must currently possess a valid Right to Work in the UK. Your visa end date must extend beyond the duration of the apprenticeship programme, which will last up to two years.

Due to Home Office requirements regarding Skilled Workers, we’re unable to accept applications for visa sponsorship for our apprenticeship roles as the proposed salary for the role does not meet the minimum threshold – if this situation applies to you, please consider looking for other vacancies which may be more suitable.

Location

This apprenticeship is based in Bristol, Edinburgh and London and you will be expected to work from the local office throughout the programme. While our hybrid working policy requires office attendance at least two days per week (40% for full‑time colleagues), apprentices are expected to be in the office most days during the initial settling‑in period.

If your commute exceeds 1.5 hours, we strongly recommend relocating closer to the office to ensure consistent attendance in line with contractual and hybrid working expectations.

Salary

• You will join us on a fixed apprenticeship salary.
• Upon successful completion of the apprenticeship, you will be re‑graded, with your pay range consistent with the job family for your business area.
• A generous pension contribution of up to 15%
• An annual performance‑related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 22 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Apply

The closing date to apply for this opportunity is 24th November 2026 for London and 15th December 2026 for Edinburgh and Bristol.