Future of Work

Lloyds Banking Group has launched a new digital graduate scheme as part of a £1 billion push to invest in its digital capability over the next three years.

29 graduates have started on the two-year scheme, which is the first of its kind in UK banking and consists of three eight-month assignments. These will take place at Lloyds’ Group Digital division, which has offices in Edinburgh, Halifax and Bristol.

The scheme covers subjects including digital proposition development, e-commerce, fraud and security as consumers demand more from their banks in terms of digital services.

Lloyds partnered with red brick universities and other specialist courses to hire graduates from disciplines including industry design and software engineering.

Lloyds Banking Group director for digital Miguel-Ángel Rodríguez-Sola said: “With over 11 million Lloyds Bank, Halifax and Bank of Scotland digital customers, our digital graduates will be able to contribute to the significant ways in which we improve customer experience, helping them to bank in secure, convenient and personalised way.

“At every stage our graduates will be supported by specialist training through our digital academy and will have digital mentors who will support their personal and professional development.”

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