Lloyds Banking Group is recruiting risk apprentices in London, Bristol and Edinburgh for its 2027 intake, with applications for the London roles closing on 24 November 2026. The two-year programme starts in September 2027 and leads to a Level 3 apprenticeship in Compliance and Risk with training provider Kaplan.

The salary is £32,000 a year for apprentices based in London and £27,400 for those in Bristol and Edinburgh, plus benefits. Apprentices work towards a fully funded qualification while rotating through projects covering fraud prevention, regulatory compliance and risk reporting.

What the Risk Apprentice role involves

Lloyds says risk apprentices learn to spot problems before they happen, help teams stay on the right side of complex regulations and keep the bank and its customers protected. The group describes the role as being the safety net for Britain's biggest digital bank, serving 28 million customers.

The work covers understanding legal and regulatory frameworks, presenting complex information clearly, and reporting and analysing risk situations. Apprentices apply what they learn in real work every day, rather than studying theory alone, and are supported by a mentor, a manager and a buddy.

Pay, benefits and working pattern

Alongside the salary, Lloyds offers a pension contribution of up to 15 per cent, an annual performance-related bonus, share schemes including free shares, 22 days of holiday plus bank holidays, and a range of wellbeing initiatives and parental leave. The group says apprentices are re-graded on successful completion, with pay then set in line with the relevant job family.

Apprentices are expected to work from their local office throughout the programme. While the group's hybrid policy generally requires office attendance at least two days a week, apprentices are expected to be in the office most days during the initial settling-in period. Lloyds also advises applicants whose commute would exceed 90 minutes to consider relocating closer to the office.

Who can apply and when

Applicants for the England locations must be at least 18 years old on 1 September 2027 and hold five GCSEs at grades 4 to 9, including maths and English. Applicants for Edinburgh must be 18 before the end of February 2028 and hold five National 5s at grades A to C, including maths and English.

Applicants must already have the legal right to work in the UK. Lloyds says it is unable to accept applications for visa sponsorship for its apprenticeship roles because the proposed salary does not meet the minimum threshold for Skilled Worker sponsorship.

The closing date is 24 November 2026 for London and 15 December 2026 for Edinburgh and Bristol. Lloyds warns that its roles generate a lot of interest and applications may close earlier than advertised if enough applications are received, so candidates should apply as soon as they can. Applications are made through the Lloyds Banking Group Talent website, where the full role description and requirements are published.