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Risk Industrial Placement Scheme - Birmingham

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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
- 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:
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
See breakdownIt searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
- 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
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 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


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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
What you need to apply
- 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.
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