Is the commercial banking grad scheme based in London full-time?
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Hi! I have applied for the commercial banking grad scheme and would like to know if the role is based full-time in London or whether it also involves working from home and has this changed prior to COVID?
Alicia E. 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: About us
Date asked: Monday, November 15, 2021
Last reviewed: Monday, November 15, 2021
Ritvik M.
Commercial Banking Graduate
Hi Alicia,
I am currently on my first rotation - in Manchester. I think that grads tend to do one regional placement on the CB scheme then the rest of the scheme in London. You dont get a choice with the first rotation as it is done on business need but after your first placement there is a preferencing system for teams you would like to work in.
Monday, November 15, 2021
Ritvik M.
Commercial Banking Graduate
The work pattern varies from team to team. Certain teams will prefer home working and then maybe visit the office once or twice a week whereas other teams will be in the office on most days. However it must be said that the bank is flexible for example if you needed to work from home for a few days I would say that most managers are very understanding of this etc. but overall it varies from team to team
Monday, November 15, 2021
Alicia E.
Perfect, thank you for your answer! For the first rotation do you get placed where the business needs you and then after you can choose the role you are most interested in?
Monday, November 15, 2021
Mubariz M.
Hi Ritvik! Thanks for your answer here.
In terms of the regional placement, while you mention business need will be the driving factor, would the firm consider aspects such as home city. E.g. If somebody was from Manchester and wanted to rotate there, would this preference be considered (assuming there was need in that specific city)
Monday, November 15, 2021
Ritvik M.
Commercial Banking Graduate
Correct Alicia! I do think that HR try and do the best job possible here - I am from manchester and they put my first rotation in manchester to make life a bit easier so I do think they look out for you
Monday, November 15, 2021
Ritvik M.
Commercial Banking Graduate
Hope my answer to the above - deals with your query too Mubariz - Based on my experience I would say YES they do consider other factors too!
Monday, November 15, 2021
Mubariz M.
That's great to hear, thanks for clarifying Ritvik!
Monday, November 15, 2021
Alicia E.
Perfect thank you! One last question, what was your degree discipline please? Do LBG look for specific degree disciplines to base in different roles?
Monday, November 15, 2021
Ritvik M.
Commercial Banking Graduate
I studied BSc Econ and Maths but they definitely don't care about degree - any discipline is welcomed. I know another graduate who studied french literature at university on the CB scheme.
Monday, November 15, 2021
Alicia E.
Thank you for answering my questions, you have been very helpful!
Monday, November 15, 2021
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