Lloyds Bank Corporate Markets – Chief Internal Auditor (SMF5) in London

This opportunity is to lead Group Audit’s approach for Lloyds Bank Corporate Markets (LBCM). It is a senior, high‑profile role with direct engagement with LBCM Executive management and Board, supporting effective governance, strong risk management and transparent oversight across one of the Group’s most significant legal entities.

The role also offers the opportunity to join a progressive audit function with a clear ambition to lead across the industry. It is suited to an experienced audit leader who operates with confidence at Board level and who is motivated by impact, accountability and professional excellence.

The LBCM Chief Internal Auditor provides leadership and strategic direction for Group Audit activity across LBCM. The role is accountable to the Chair of the LBCM Audit Committee and the Audit Director, Commercial Banking, with an escalation reporting line to the Group Chief Internal Auditor.

The role is responsible for shaping and delivering a risk‑focused, forward‑looking audit plan that provides clear, independent assurance to the LBCM Audit Committee and Executive Management. Success depends on close collaboration with senior leaders across LBCM, Group Audit and the wider Group to ensure audit insight remains aligned to the business’s strategy, priorities and risk profile.

The LBCM Chief Internal Auditor holds third line accountability for assurance across all LBCM entities and geographic locations. The role has end‑to‑end responsibility for delivery of the LBCM audit plan, leveraging the LBCM audit team and dedicated shared service internal audit resources. This includes ensuring audit activity is proportionate, well‑sequenced and focused on areas of greatest risk and potential impact.

The role holder attends the LBCM Audit Committee and other LBCM Board and Executive committees as required, contributing constructively and credibly in senior governance forums.

What you’ll be doing:

• Ensuring the LBCM audit plan appropriately covers material and emerging risks and is delivered to a consistently high professional standard.
• Attending and presenting at the LBCM Audit Committee and other senior committees, providing clear insight on audit conclusions, risk themes and the status of remediation activity.
• Assessing whether significant risks are appropriately identified, escalated and reported to the LBCM Audit Committee and Executive Management.
• Leading, developing and sustaining a high‑performing LBCM audit team with the capability and expertise required to operate effectively in a complex Markets environment.
• Contributing to the strategic development of the wider Group Audit function.
• Maintaining open, constructive and effective relationships with regulators, supporting appropriate information sharing in line with regulatory responsibilities.

Why join us?

We’re transforming at pace. Investing billions in our people, data and tech to change the way we meet the needs of our 28 million customers. We’re growing, and we’d love you to be part of the journey.

What we’re looking for:

• Judgement and accountability: Extensive senior‑level audit and risk experience within financial services, with a strong track record of operating effectively at Board and Executive level. Demonstrates sound personal judgement, clear accountability for outcomes and confidence in decision‑making in complex and ambiguous situations, alongside a strong understanding of SMF accountability and legal entity governance.
• Technical and business expertise: Deep knowledge of Markets products, key risks and relevant regulatory requirements, applied effectively within a legal entity context. Brings a strong understanding of the wider economic, regulatory and business environment and its impact on LBCM and the Group.
• Delivery and execution: Proven experience leading Audit Committee outputs end‑to‑end, with clear, judgement‑led narratives and conclusions. Highly organised and disciplined, delivering high‑quality, concise outputs against competing priorities and demanding schedules, including international travel.
• Collaboration and influence: Builds strong, constructive relationships with senior stakeholders across LBCM, Group Audit and the wider Group. Influences with confidence and credibility through clear thinking, effective communication and professional integrity, balancing challenge with partnership.
• Leadership and people capability: Provides clear direction, sets expectations and leads with confidence and authority. Effectively coordinates teams across functions and jurisdictions, fostering collaboration while retaining accountability, and acts as a visible role model for Lloyds leadership behaviours.
• Governance, conduct and integrity: Demonstrates consistently high standards of conduct, integrity and professionalism aligned to Lloyds values, with a strong understanding of governance and regulatory expectations and the importance of robust evidence and documentation.
• Communication: A clear, confident and concise communicator, able to engage effectively in formal governance settings and produce Board‑ready outputs as standard.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

This is a place for you. Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we’re committed to creating an environment in which everyone can thrive, learn and develop.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Like what you hear? Join us! At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.