FinanceBusiness
Risk Apprenticeship
Lloyds Banking Group
Location
Bristol
Salary
£27,400 + fantastic benefits (Bristol and Edinburgh), £32,000 + fantastic benefits (London)
Duration
2 years
Level
Level 3 – Advanced
Qualification
Level 3
Start date
1 September 2027
Application deadline
15 December 2026
Minimum grades
5 GCSEs at grade 4-9 including Maths and English (England); 5 Nationals 5s at grades A-C including Maths and English (Scotland)
Disability Confident
✓ Yes
Apprenticeships are open from age 16, once you have finished Year 11 (S4 in Scotland).
About the role
A two-year apprenticeship combining classroom learning with hands-on experience in risk management. You'll rotate through projects covering fraud prevention, regulatory compliance, and learn to spot problems before they happen, help teams stay on the right side of complex regulations, and keep the bank and customers protected. Work includes helping colleagues apply legal and regulatory frameworks, spotting and reducing potential risks, writing clear reports, and communicating risks in ways everyone can understand.
Requirements
England locations: At least 18 years old on 1st September 2027, 5 GCSEs at grade 4-9 including Maths and English. Edinburgh: At least 18 years old before end of February 2028, 5 Nationals 5s at grades A-C including Maths and English. Must currently possess a valid Right to Work in the UK with visa end date extending beyond the apprenticeship duration. Visa sponsorship not available.
Working week
Hybrid working policy requires office attendance at least 2 days per week (40% for full-time colleagues). Apprentices expected in office most days during initial settling-in period.
Skills
Risk and compliance basicsAnalytical thinkingEvidence-based reportingCommunication skillsRegulatory framework knowledgeProblem-solvingReport writing
Required qualifications
Essential
GCSE · Maths · Grade 4
Essential
GCSE · English · Grade 4
Essential
GCSE · Any · Grade 4
Essential
Apprenticeship · Compliance & Risk · Grade Level 3
Training & development
Blended learning combining real projects with tutor-led study. Level 3 Compliance & Risk apprenticeship with Kaplan. Topics covered: Understanding legal and regulatory frameworks, presenting complex information clearly, reporting and analysing risk situations, building evidence-based reports.
Additional training
Dedicated time for development, mentorship from a mentor, manager and buddy. Network of colleagues for support and career development.
Future prospects
Upon successful completion, you will be re-graded with pay range consistent with the job family for your business area. Transferable skills that can open doors across the financial services sector and valuable experience at the heart of a major bank.
Company benefits
Generous pension contribution up to 15%, annual performance-related bonus, share schemes including free shares, adaptable benefits (discounted shopping), 22 days' holiday plus bank holidays, wellbeing initiatives, generous parental leave policies, menopause health package, Working with Cancer Initiative, reasonable workplace adjustments for colleagues with disabilities.
Things to consider
If commute exceeds 1.5 hours, relocation closer to office is strongly recommended to ensure consistent attendance. Apprentices expected in office most days during initial settling-in period. Must have valid Right to Work in UK with visa extending beyond apprenticeship duration.
About Lloyds Banking Group
Lloyds Banking Group is Britain's biggest digital bank protecting 28 million customers. Leading UK business for diversity, equity and inclusion supporting customers, colleagues and communities. Committed to creating an environment where everyone can thrive, learn and develop.
Website
www.lloydsbankinggroup.comIf this one works out
This role is in Bristol. If you'd be moving for it, a room in a shared house there typically runs £650–£900 a month.