Lloyds opens digital-only training scheme for new graduates

Lloyds opens digital-only training scheme for new graduates

Lloyds Bank is accepting applications for a new digital banking graduate training scheme, the first off its kind from a UK bank looking to harness the top talent from Britain's universities and shape the future of banking.

Trainees accepted for the programme will be working on projects that shape how customers interact with the bank from a purely digital perspective.

During three eight-month assignments, the successful applicants will work across a range of functions, including product development, e-commerce, and customer experience, as well as more specialist subject matter fields in fraud and security, risk, change management and operations.

"At every stage you’ll be supported by expert training from our Digital Academy, and our Digital Mentors will support you with your individual professional and personal development needs," says the bank in its promotional brochure. "We’re training you to shape the future of banking. Your innovations will keep us out in front in a rapidly changing digital environment"

Lloyds last month confirmed 9000 job losses and the closure of 150 branches alongside plans to pump an additional £1 billion into digital channels over the next three years.

The digital strategy has been brewing for some time. Lloyds claims to be the first UK bank to have a chief digital officer - Miguel-Ángel Rodríguez-Sola - who also heads the digital, marketing and customer development group function setup last year.

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