Upcoming Live Chat - Industrial Placements at Lloyds Banking Group, Nov 21, 2024, 17:00.

Picture of Given that LBG is a very big organisation, did you observe any cultural differences between commercial and risk?

Given that LBG is a very big organisation, did you observe any cultural differences between commercial and risk?

Picture of Sophie
Picture of Thomas
4 responses
14 views

Erikas R. asked during the live chat In the Spotlight: Our Commercial Banking, Finance, Risk & Sustainable Financial Wellbeing Graduate Schemes - Heavily Sub to Lloyds Banking Group

Category: Role challenge

Date asked: Monday, November 15, 2021

Last reviewed: Monday, November 15, 2021

Picture of Sophie E.

Sophie E.

Risk Community Manager

Hi Erikas, thanks for your question. I have been fortunate enough to work in both Commercial and Risk. I wouldn't necessarily say there are any major cultural differences as we are all working towards the same goal, to do the best for our customers and to ensure we play a part in Helping Britain Recover after the pandemic.

Monday, November 15, 2021

Picture of Thomas H.

Thomas H.

Commercial Banking Graduate

Hi Erikas, risk teams play a central role in all teams I've seen or worked with so far (obviously risk management is vital in banking). I'm on the CB grad scheme and there's a specific risk rotation on this grad scheme so yes, they'll be very culturally aligned. However, the CB risk rotation is often directly in credit risk. Whereas, I think the Risk grads might rotate in other types of risk too (business, operational, environmental etc.).

Monday, November 15, 2021

Picture of Rena Y.

Rena Y.

Hi Sophie, Could you let me know what are the most common buzzwords in risk right now?

Monday, November 15, 2021

Picture of Sophie E.

Sophie E.

Risk Community Manager

Sustainability is a huge focus in Risk at the moment!

Monday, November 15, 2021

This discussion is closed, so no new comments can be added.

Did you find this discussion helpful?