Managing Director | Chief Internal Auditor (SMF5) – LBCM

Managing Director | Chief Internal Auditor (SMF5) – LBCM

Full-Time 100000 - 150000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead Group Audit for Lloyds Bank Corporate Markets and deliver a risk-focused audit plan.
  • Company: Join a leading financial services firm with a strong commitment to integrity and professionalism.
  • Benefits: Enjoy a generous pension, performance bonuses, share schemes, and 30 days holiday.
  • Other info: Hybrid work model with opportunities for professional growth and development.
  • Why this job: Make a real impact in a senior role while shaping the future of audit in finance.
  • Qualifications: Extensive senior-level audit experience and deep knowledge of Markets products and risks.

The predicted salary is between 100000 - 150000 £ per year.

This senior role leads Group Audit’s approach for Lloyds Bank Corporate Markets (LBCM) and reports to the Chair of the LBCM Audit Committee. The Chief Internal Auditor is responsible for delivering a risk‑focused audit plan and providing independent assurance to the LBCM Audit Committee and Executive Management.

Role Purpose and Accountabilities

The LBCM Chief Internal Auditor has third‑line accountability for assurance across all LBCM entities, is end‑to‑end responsible for the audit plan, and attends the LBCM Audit Committee and other senior committees to provide credible, constructive insight.

Key Responsibilities

  • Ensure the audit plan covers material and emerging risks and is delivered to a consistently high professional standard.
  • Attend and present at the LBCM Audit Committee and other senior committees, providing clear insight on audit conclusions, risk themes and remediation status.
  • Assess whether significant risks are identified, escalated and reported to the Committees and Executive Management.
  • Lead, develop and sustain a high‑performing audit team with the capability to operate in a complex Markets environment.
  • Contribute to the strategic development of the wider Group Audit function.
  • Maintain open, constructive relationships with regulators and support information sharing in line with regulatory responsibilities.

Qualifications and Experience

  • Judgement and accountability – Extensive senior‑level audit and risk experience within financial services, with a track record of operating at Board and Executive level and strong understanding of SMF accountability.
  • Technical and business expertise – Deep knowledge of Markets products, key risks and regulatory requirements, and a strong understanding of the wider economic and business environment.
  • Delivery and execution – Proven experience leading Audit Committee outputs, delivering concise and high‑quality outputs against competing priorities and demanding schedules.
  • Collaboration and influence – Builds constructive relationships with senior stakeholders across LBCM, Group Audit and the wider Group with confidence and credibility.
  • Leadership and people capability – Provides clear direction, sets expectations and leads with confidence and authority, coordinating teams across functions and jurisdictions.
  • Governance, conduct and integrity – Demonstrates high standards of conduct, integrity and professionalism aligned to corporate values and regulatory expectations.
  • Communication – A clear, confident and concise communicator, capable of engaging in formal governance settings and producing Board‑ready outputs.

Benefits

  • Generous pension contribution of up to 15%
  • Annual performance‑related bonus
  • Share schemes including free shares
  • Benefits that can be adapted to lifestyle, such as discounted shopping
  • 30 days’ holiday plus bank holidays
  • Wellbeing initiatives and generous parental leave policies

Work Arrangement

Hybrid: at least two days per week at a London, Bristol or Edinburgh office site. Full‑time.

End Date

Friday 05 June 2026

Managing Director | Chief Internal Auditor (SMF5) – LBCM employer: Lloyds Bank plc

Lloyds Bank Corporate Markets (LBCM) is an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration. With a strong commitment to employee wellbeing, generous benefits including a substantial pension contribution and flexible lifestyle options, LBCM empowers its team to thrive in a complex financial landscape while maintaining a healthy work-life balance. The opportunity to lead a high-performing audit team and engage with senior stakeholders makes this role not only rewarding but also pivotal in shaping the future of the organisation.

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Contact Details:

Lloyds Bank plc Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Managing Director | Chief Internal Auditor (SMF5) – LBCM

Tip Number 1

Network like a pro! Reach out to your connections in the finance and audit sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise. Remember, it’s all about who you know!

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their recent projects and challenges, especially in the context of risk management and audit. This will help you tailor your responses and show that you’re genuinely interested.

Tip Number 3

Practice your communication skills! As a Chief Internal Auditor, you’ll need to present complex information clearly. Try mock interviews with friends or mentors to refine your delivery and ensure you come across as confident and concise.

Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, applying directly shows your enthusiasm and commitment to joining our team at StudySmarter.

We think you need these skills to ace Managing Director | Chief Internal Auditor (SMF5) – LBCM

Risk Management
Audit Planning
Stakeholder Engagement
Regulatory Knowledge
Leadership
Communication Skills
Analytical Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience in audit and risk management, especially in financial services. We want to see how your background aligns with the role of Chief Internal Auditor.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this senior role. Share specific examples of your leadership and collaboration skills, and how you’ve tackled complex challenges in the past.

Showcase Your Communication Skills:Since this role involves presenting to senior committees, make sure your application reflects your communication prowess. Use clear and concise language, and don’t shy away from demonstrating your ability to engage with stakeholders effectively.

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at StudySmarter!

How to prepare for a job interview at Lloyds Bank plc

Know Your Audit Stuff

Make sure you brush up on your knowledge of audit processes, risk management, and the specific challenges faced in financial services. Being able to discuss these topics confidently will show that you're not just familiar with the role but also passionate about it.

Prepare for Board-Level Conversations

Since this role involves presenting to senior committees, practice articulating your insights clearly and concisely. Use examples from your past experiences where you've successfully communicated complex information to high-level stakeholders.

Showcase Your Leadership Skills

Be ready to discuss how you've led teams in the past, especially in high-pressure environments. Highlight your ability to develop talent and maintain high standards, as this is crucial for a Managing Director role.

Understand the Regulatory Landscape

Familiarise yourself with the current regulatory requirements affecting the financial sector. Being able to discuss how these impact audit practices will demonstrate your depth of understanding and readiness for the role.