At a Glance
- Tasks: Lead the audit strategy for Lloyds Bank Corporate Markets and ensure effective governance.
- Company: Join Lloyds Bank, a leader in financial services with a commitment to diversity and inclusion.
- Benefits: Enjoy a generous pension, performance bonuses, flexible benefits, and 30 days of holiday.
- Other info: Be part of a dynamic team driving transformation and innovation in banking.
- Why this job: Make a real impact in a high-profile role with direct engagement at Board level.
- Qualifications: Extensive senior-level audit experience in financial services and strong leadership skills.
The predicted salary is between 80000 - 100000 £ per year.
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 clear oversight across one of the Group's most significant legal entities.
The role also offers the opportunity to join a dynamic 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.
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.
Benefits:
- 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
Lloyds Bank Corporate Markets - Chief Internal Auditor (SMF5) in London employer: Lloyds Banking Group
Lloyds Bank is an exceptional employer, offering a dynamic work environment in London, Bristol, and Edinburgh, where you can thrive in a hybrid working model. With a strong commitment to employee growth, a generous benefits package including a substantial pension contribution and 30 days of holiday, and a culture that prioritises diversity, equity, and inclusion, Lloyds Bank empowers its employees to make a meaningful impact while enjoying a fulfilling career in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Lloyds Bank Corporate Markets - Chief Internal Auditor (SMF5) in London
✨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 colleagues or decision-makers. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching Lloyds Bank's recent projects and challenges. Tailor your responses to show how your experience aligns with their goals. Be ready to discuss how you can contribute to their dynamic audit function.
✨Tip Number 3
Practice your presentation skills! As a Chief Internal Auditor, you'll need to present findings confidently. Consider doing mock presentations with friends or mentors to get feedback and improve your delivery.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Lloyds Bank Corporate Markets - Chief Internal Auditor (SMF5) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Chief Internal Auditor role. Highlight your senior-level audit experience and any relevant achievements that align with the job description. We want to see how your background fits with our needs!
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 role at Lloyds Bank Corporate Markets. Be sure to mention your understanding of governance and risk management, as these are key aspects of the position.
Showcase Your Leadership Skills:Since this is a senior role, it's crucial to demonstrate your leadership capabilities. Share examples of how you've led teams or projects in the past, especially in complex environments. We love seeing candidates who can inspire and guide others!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re serious about joining our team at Lloyds Bank Corporate Markets.
How to prepare for a job interview at Lloyds Banking Group
✨Know Your Stuff
Make sure you have a solid understanding of Lloyds Bank Corporate Markets and the specific challenges they face. Brush up on key risks, regulatory requirements, and recent developments in the financial services sector. This will help you speak confidently about how your experience aligns with their needs.
✨Showcase Your Leadership Skills
As a Chief Internal Auditor, you'll need to demonstrate strong leadership capabilities. Prepare examples of how you've successfully led audit teams or influenced senior stakeholders in previous roles. Highlight your ability to foster collaboration while maintaining accountability.
✨Prepare for Governance Discussions
Since this role involves attending Audit Committees and Board meetings, be ready to discuss governance and risk management topics. Familiarise yourself with best practices in corporate governance and think about how you can contribute constructively to these discussions.
✨Practice Clear Communication
Effective communication is key in this role. Practice articulating complex audit findings and risk themes in a clear and concise manner. Consider doing mock interviews with a friend or mentor to refine your delivery and ensure you're comfortable presenting at a senior level.