At a Glance
- Tasks: Learn to identify risks and help keep our customers safe in a dynamic banking environment.
- Company: Join Lloyds Banking Group, a leader in financial services with a commitment to diversity.
- Benefits: Enjoy a competitive salary, generous pension, and fully funded apprenticeship training.
- Other info: Gain hands-on experience and support from mentors in a collaborative workplace.
- Why this job: Make a real impact by protecting millions of customers while developing valuable skills.
- Qualifications: Must be 18+, with 5 GCSEs including Maths and English.
The predicted salary is between 24833 - 30351 £ per year.
Duration: 2 years
Salary: £32,000
Location: London
Start: September 2027
Qualification: Level 3 Compliance & Risk apprenticeship with Kaplan.
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.
Topics you’ll cover:
- Understanding legal and regulatory frameworks
- Presenting complex information clearly
- Reporting and analysing risk situations
- How to build evidence‑based reports leaders can act on
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:
- Risk and compliance basics
- 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:
- 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
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:
You’ll need to be at least 18 years old on 1st September 2027.
5 GCSEs at grade 4–9 including Maths and English (Achieved).
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.
Location:
This apprenticeship is based in 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, 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.
About working for us:
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we’re committed to creating an environment in which everyone can thrive, learn and develop. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.
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.
Benefits:
- 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
The closing date to apply for this opportunity is 24th November 2026.
Risk Apprentice - London employer: Lloyds Bank plc
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in Cardiff that fosters professional growth and collaboration. With a competitive salary package, generous benefits including a robust pension scheme and flexible working options, employees are empowered to thrive both personally and professionally. The company prioritises inclusivity and well-being, ensuring that all team members can achieve their full potential while making a meaningful impact in the SME banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Apprentice - London
✨Get Involved with Campus Recruitment Events
Apprenticeships in banking and financial services often come through campus recruitment days. Keep an eye out for events hosted by your university or local banks, as these can be golden opportunities for us to meet recruiters face-to-face and make a great first impression.
✨Engage with Professional Bodies
Join organisations like the Institute of Chartered Accountants or the Chartered Institute of Banking. These memberships can provide valuable resources and networking opportunities, plus, they often have dedicated sections for apprenticeships and early-career roles that can point us in the right direction.
✨Follow the Right Companies on Social Media
Banks and financial services firms love to share their stories on social media! Follow companies like Lloyds Bank plc to keep up with their latest apprenticeship opportunities and insider news. Engaging with their posts could give us an edge when it comes to the application.
✨Utilise Your University’s Career Service
Your university's career service is a treasure trove of information for apprenticeships in banking. They often have connections to employers like Lloyds Bank plc, so don't hesitate to tap into their resources and advice!
We think you need these skills to ace Risk Apprentice - London
Some tips for your application 🫡
Show Off Your Maths Skills:In the banking and financial services sector, being good with numbers is a must! Make sure to highlight any relevant maths qualifications or experience in your application, as well as any projects or coursework that demonstrate your analytical skills.
Emphasise Your Willingness to Learn:As this is an apprenticeship, companies like Lloyds Bank plc want to see your enthusiasm for the industry and your eagerness to learn. In your cover letter, chat about why you’re interested in banking and any specific areas you’re excited to explore. Show them that you’re ready to soak up knowledge like a sponge!
Highlight Relevant Experience (Even If It's Limited):Whether it's a part-time job, volunteer experience, or even a school project, mention any relevant experience related to banking or finance. This could include customer service roles or any projects where you handled budgeting. We’re all about showing how you can apply your skills, even if they’re from unconventional backgrounds.
Tailor Your CV for Impact:Make sure your CV isn’t just a list of duties. Tailor it to reflect skills that appeal to financial services, like attention to detail and communication skills. Don’t forget to keep it clear and concise, showing how you’re a perfect fit for the apprenticeship at Lloyds Bank plc!
How to prepare for a job interview at Lloyds Bank plc
✨Brush Up on Financial Principles
Since you're diving into the banking and financial sector with an apprenticeship, it’s crucial to familiarise yourself with key concepts like interest rates, investment strategies, and basic financial accounting. Make sure you can share your understanding of these principles during the interview, as they'll likely pop up in practical scenarios.
✨Be Ready for Scenario-Based Questions
In the world of banking, interviewers love to throw real-world scenarios at you. Prepare for questions that ask how you'd handle customer inquiries or solve financial challenges. Practising these types of situational responses can really showcase your problem-solving skills and customer service abilities, both of which are essential in this field.
✨Show Your Eagerness to Learn
As an apprenticeship candidate, what's going to set you apart is your motivation to learn and grow in the role. Be sure to express your excitement about entering the banking world and highlight any steps you've already taken to educate yourself, whether through courses, workshops, or relevant hobbies.
✨Prepare Your Questions About Company Culture
When interviewing with Lloyds Bank plc, don’t shy away from asking about their company culture and training programmes for apprentices. This shows that you're not only focused on the role but also interested in how you'll fit within the team, which is a major factor for your future success in the apprenticeship.
