On the Risk Management scheme, what professional qualifications are taken? What are the rotations like?
Additional information
Are there options for the rotations? Or are they just assigned to you? How soon did you start studying for your professional qualifications?
Jess B. 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 Comparison
Date asked: Monday, November 15, 2021
Last reviewed: Monday, November 15, 2021
Sophie G.
Risk Community Manager
The professional qualification for the Risk Management scheme is the ICA Diploma in Risk Governance & Compliance. You complete 4 x 6 month placements across a variety of different risk types, such as credit/fraud & financial crime/analytics/risk & compliance management... there is a degree of flexibility within each of those categories but all graduates need to complete one of each!
Professional qualifications are usually kicked off a couple of months after joining!
Monday, November 15, 2021
Jess B.
Thanks Sophie! What's the most valuable lesson you've learnt so far? Is there anything you wish you knew whilst you were applying?
Monday, November 15, 2021
Jess B.
I’m especially interested in the Data Analytics and Robotics areas of risk. What software is used for this? What are the key skills required?
Monday, November 15, 2021
Sophie G.
Risk Community Manager
I think the most valuable lesson is to take any opportunities that come your way whether that be in your current role or on the side of your desk...
Monday, November 15, 2021
Sophie G.
Risk Community Manager
We use Python and SAS within the coding teams
Monday, November 15, 2021
Jess B.
What's the most valuable transferable skill you have developed?
Monday, November 15, 2021
Sophie G.
Risk Community Manager
Hi Jess, I would say that definitely stakeholder management/your ability to communicate and an ability to analyse and interpret data
Monday, November 15, 2021
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