Lloyds Graduate Scheme in the UK - Interview Tips and How To Get Hired

Lloyds Graduate Scheme Key Information

Headquarters

25 Gresham Street, London, EC2V 7HN

Sector

Banking

Size

Over 45,000 employees

Grad Salary

Between £25,000 - £40,000

Pros and Cons

Pros

Working hours can be flexible, somewhat unique for the banking industry!

Professional workforce at all levels, office politicking not a factor.

All round salary plus benefits package is very competitive.

Cons

Lack of communication regarding progression opportunities.

Lloyds Graduate Scheme Overview

To win a place on a Lloyds graduate scheme, you’ll need to have achieved at least a 2:1 degree and 320 UCAS points from three A Level results.

In line with many other businesses, Lloyd’s are looking for leaders of the future and are looking for that passion and desire in all of their candidates.  In addition to leadership skills, Lloyd’s are seeking high quality candidates with the ability to make sound judgments, at times with limited information, and the ability to put plans into action.

Successful candidates are offered a place on a Lloyd’s graduate scheme, which typically lasts two years, during which time graduates will rotate around three departments in order to broaden their knowledge of the business and skill set.

Lloyds Graduate Scheme Interview Tips

Be a force for change. Lloyds will be keen to hear about your ability to influence and bring about positive change. Remember positive tone and body language here, you need to influence them into giving you a job.

Have a detailed knowledge of the business. The recruitment team at Lloyds will test what you know about the business, and how they can move forward. Be careful if you’re talking about the company’s recent problems however, as that could lead to the “if we’re that bad why do you want to work here” path.

Lloyds Overview

The primary mission of Lloyds is to be the best bank for their customers. The business prides itself on delivering first class services at all times to meet their customers’ and clients’ needs.

Having experienced a difficult period during the global financial crisis, Lloyds are re-establishing their brand and offering to customers and remain committed to developing a strong and sustainable future economy.

Lloyds are the United Kingdom’s largest community investor, donating vast sums of money on an annual basis to social and charitable initiatives around the country.

Lloyds Locations

Lloyds are headquartered in London, with an additional headquarters situated in Edinburgh.

For those interested in working in retail banking, Lloyds have a vast network of High Street banks across the country.

Lloyds Future Salaries

Progression can be difficult at Lloyds; however salaries are usually around the industry average.

Salary examples from Lloyds include;

- Risk Analyst £50,000 - £67,000
- Associate Director £57,000 - £71,000
- Relationship Director £68,000 - £83,000
- Senior Associate £83,000 - £91,000