Corporate Generalist Analyst Program: U.K.

The Corporate Generalist analyst program is a two-year rotational development program recently established in the Firm’s Europe offices. The program is designed to attract, develop and retain a pool of talented future leaders who understand the factors required for us to manage complex and interrelated products.

Joining the analyst program will provide you with exposure to the different functions and areas that support our client-facing divisions, enabling you to help these support teams in delivering the best solutions to our clients. The program provides an excellent opportunity to embark on a career path full of challenges and varied experiences, in a corporate environment that thrives on innovation, celebrates diversity and inspires individuals to achieve their personal best.

Analysts are assigned a program manager. Your program manager will guide you through the rotation and group placement process, and monitor your career development by facilitating the review and advancement processes.

Rotation And Group Placement Process

As an analyst, you will be hired as a generalist and placed in a position within a specific group after an introductory training period.

You will participate in an induction program, attending various business presentations and events before being placed in one of the participating groups (see below). You will then go through three eight-month rotations in one of the participating groups to explore and understand the different roles and functions within these areas. Comprehensive training will continue throughout the two-year program, ensuring that you are developed to your full potential.

Rotation decisions are made based on the needs of the participating groups and the preferences of individual analysts. Analysts are placed into a role within one of the following groups after successfully completing the rotation process:

• Business Information Services
• Corporate Advisory
• Finance
• Human Resources
• Information Technology
• Operations
• Risk Management
• Executive Administration

Review Process

As a Corporate Generalist analyst, you will be evaluated as part of the Firmwide review process. Our review process is a two-way dialogue in which you submit your self-assessment and goals for the next six months and receive feedback from your reporting manager and fellow team members; feedback includes advice on how to progress to the next level. The process enables you to be recognized for your achievements and to identify your areas for development. You can expect two formal reviews per year, one at mid-year (end of May) and the other at year-end (end of November).

Advancement Process And Timeline

After successfully completing the program, you can expect to advance to the next level. High performers can expect to be promoted to the assistant vice president level within two to five years.

Mobility Opportunities

Lehman Brothers supports mobility across divisions and regions. There are many opportunities throughout Lehman Brothers for individuals who are looking to be challenged in a different area of the Firm.

Mentorship Programs

Our focus on mentoring — at all levels of your career — is one of the cultural traits that distinguishes Lehman Brothers. As an analyst, you have the opportunity to be paired with a mentor who can help you navigate the Firm, offer advice and a broader perspective on your career from outside of the formal management structure, and help you achieve your individual career goals.

Training

Lehman Brothers places great importance on training and development. Upon joining the program, analysts will complete a minimum two-week induction program, which is reinforced by a comprehensive ongoing development program. The primary objectives of these programs are to:

• Provide you with an overview of Lehman Brothers and its businesses.
• Introduce you to Lehman Brothers’ specific technologies and internal processes.
• Help you develop the professional skills you need to be successful in the business environment.
• Promote social interaction and networking among groups and divisions.

Some of the topics that will be covered include:

• Overview of Lehman Brothers, including divisional overviews, strategy and culture.
• Capital markets fundamentals.
• Systems training.
• Accounting practices.
• Compliance and regulatory awareness.
• Interpersonal skills.

Your full participation in the training program is important to help you build technical skills and the ability to work effectively within a team environment. Below are descriptions of the participating support areas:

• Business Information Services
  Business Information Services (BIS) is Lehman Brothers’ global research support organization. Its primary objective is to help further Lehman Brothers' understanding of its clients and the markets in which the Firm operates. BIS provides value-added research on companies, industries and markets by acting as a source of expertise on data sources and retrieval, and by helping the Firm manage and contain its costs through centralized access to expensive and scarce information resources. BIS maintains operations in London, New York, Los Angeles, Hong Kong and Tokyo, and has a substantial third-party operation in Mumbai.
  
  
• Corporate Advisory
  Corporate Advisory — also known as Legal, Compliance and Audit (LCA) — plays a leadership role in advancing the goals of the Firm by identifying and mitigating unwanted risk, thereby reducing the potential for revenue losses. This division includes the Firm’s legal, compliance, audit, transaction management and corporate counsel departments. It works in close partnership with the businesses and with other corporate divisions to ensure a strong risk control infrastructure globally, which is critical as the Firm develops new businesses and expands into new countries. Learn more about Corporate Advisory.
  
  
• Finance
  Finance professionals play a critical role in creating and preserving shareholder value by providing business advice and ensuring control of Lehman Brothers’ global franchise. Finance provides analysis and oversight of the Firm’s businesses, including our overall financial performance and its key components: revenue, expenses, capital and risk. Finance is also responsible for managing the funding and liquidity requirements of the Firm, and for interacting with our creditors and the rating agencies. Finance professionals partner closely with business leaders throughout the Firm in a highly collaborative environment. Learn more about Finance.
  
  
• Human Resources
  Human Resources (HR) provides advice and business support to ensure the effective delivery of general HR services. It is organized as follows: Compensation and Benefits, Leadership and Learning, Talent Management, Diversity and Inclusion, Lateral Recruitment, Employee Relations, and generalist HR support.
  
  HR focuses on maximizing the human capital of the Firm and perpetuating our strong and distinctive culture. The goal of HR is to help employees maximize productivity, build rewarding careers and develop to their full potential. Learn more about Human Resources.
  
  
• Information Technology
  Innovative technology gives the Firm and our clients a competitive edge. Information Technology (IT) creates and applies global solutions that drive productivity and enables all of our businesses to meet their strategic goals. As part of a team that builds the technical infrastructure that is vital to achieving our business results, IT professionals work on sophisticated systems using leading-edge technologies. Learn more about IT.
  
  
• Operations
  Operations provides the support and control infrastructure that enables the Firm to develop and deliver its products throughout the world. Operations professionals are responsible for the management and execution of transactions in a way that maximizes profitability and minimizes risks. In doing so, they work closely with our Sales, Trading and Information Technology teams. Operations professionals also help develop innovative and efficient approaches to the investment, liquidity and risk management needs of our clients. Learn more about Operations.
  
  
• Risk Management
  Essential in our approach to risk management is a strong internal control environment with multiple overlapping and reinforcing elements. Our Risk Management Division develops policies and procedures to identify, measure and monitor the risks involved in our global trading, brokerage and investment banking activities. Our approach applies analytical rigor overlaid with sound practical judgment. We work proactively with the business before transactions occur to ensure appropriate risk mitigants are in place.
  
  Global Risk Management includes the following groups: Credit Risk Management, Market Risk Management, Operational Risk Management, Sovereign Risk Management and Quantitative Risk Management. Learn more about Risk Management.
  
  
• Executive Administration
  Executive Administration handles a variety of services for the Firm which includes:
  • Strategy – responsible for helping chart the strategic direction of the Firm by identifying the most important opportunities available to us and developing specific, actionable recommendations to create significant shareholder value.
  • Communications, Marketing & Branding (CMB) – acts as the global steward of the Firm’s identity and brand by ensuring that clients, employees and the media fully understand the Firm’s strategy, business and culture.
  • Productivity and Process Improvement (PPI) – helps assess and deliver transformational improvements in the control and scalability of our support infrastructure.