At a Glance
- Tasks: Join our team to gain hands-on experience in internal audit and contribute to live financial projects.
- Company: Schroders, a leading global investment manager with over 200 years of experience.
- Benefits: Enjoy competitive salary, comprehensive training, networking opportunities, and potential for future roles.
- Other info: Inclusive culture prioritising your growth, wellbeing, and professional development.
- Why this job: Kickstart your career in asset management while learning from industry leaders in a supportive environment.
- Qualifications: Curiosity about finance, strong ethics, and teamwork skills are essential; all degree subjects welcome.
The predicted salary is between 37000 - 37000 £ per year.
Department: Internal Audit
Salary: £37,000
Start date: Monday 14 June 2027
Location: City of London, London
About Us
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms. Established in 1804, we have around 5,500 people across 36 global locations.
Programme overview:
Our 12-month Placement Programme begins on Monday 14 June 2027 and offers a unique opportunity to bridge your academic learning with real-world financial experience. As a Placement Year student at Schroders, you will play an active role in the team, contributing to live projects and supporting strategic objectives through research and insightful analysis.
Throughout the programme you will:
- Take part in comprehensive introductory training to build your understanding of the business
- Be assigned to a team where you will contribute to live projects and gain meaningful hands-on experience
- Shadow experienced professionals and learn directly from leaders in the field
- Have opportunities to network with colleagues and other interns and placement year students, helping you build connections for your future career
This placement year programme provides practical experience, professional development, and a strong foundation for a successful career in asset and wealth management. We believe that a talented, creative and diverse team is key to our long-term success, so if you're intellectually curious, eager to learn and ready to make a meaningful impact, this 12-month programme will give you the skills, experience and exposure to help launch your career in the asset and wealth management industry.
Who we're looking for
We are seeking individuals who are highly motivated, demonstrate a strong ethical compass and are committed to delivering assurance that supports and strengthens Schroders' ability to create, protect and sustain value. The ideal candidate will combine curiosity and critical thinking with a proactive and positive attitude and possess the organisational skills necessary to contribute effectively within a global internal audit function.
Required skills and capabilities:
- Demonstrates basic knowledge and understanding of financial markets; curious about the economic, industry and regulatory environment
- Works collaboratively; builds relationships with team members and stakeholders at all levels
- Delivers high-quality work; recognises the importance of accuracy and attention to detail
- Balances multiple commitments; self-organised and manages time to meet deadlines
- Identifies improvements and develops solutions; asks questions to challenge the status quo
- Clearly articulates concepts verbally and in writing; manages challenging conversations
- Analyses data to identify trends and anomalies, drawing actionable insights
- Consistently upholds ethical values; acts honestly and with integrity; maintains confidentiality
- Proactive with a positive attitude; embraces new ideas and committed to continuous learning
- Proficient in Excel (including basic formulae), Word and PowerPoint; experience with data analytics (Tableau, Power BI) or coding (SQL, Python) is beneficial
The team
The purpose of Group Internal Audit (GIA) is to strengthen Schroders' ability to create, protect, and sustain value by providing the Board and management with independent, risk-based, and objective assurance, advice, and insights. To achieve this, GIA provides challenge and assurance over the Group's control environment, risk management and governance arrangements implemented by management. Accordingly, GIA comprises the 'third line of defence' and works closely with Business teams and Risk & Compliance functions - the 'first' and 'second' lines of defence, respectively. GIA operates globally from headquarters in London, with permanent teams in Luxembourg and Singapore. The department consists of approximately 25 professionals from diverse backgrounds in practice, industry, and specialisms, organised into sub-teams covering Asset Management (public and private markets), Wealth Management, and Operations & Technology. The team is led by the Head of Group Internal Audit, reporting primarily to the Chair of the Board Audit and Risk Committee and secondarily to the Group Chief Executive.
Knowledge, experience and qualifications we're looking for:
- When the placement year commences, you will have completed your second year of studies and will be on track to graduate in 2029
- We welcome applications from all degree subjects
- Please note that we do not accept applications from students in their final year who intend to undertake further study (e.g. a Master's degree) before entering employment.
- A good working knowledge of document production software, including Microsoft Word, Excel, and PowerPoint
- The ability to understand our target audiences
Benefits of joining us:
When you join our placement year programme at Schroders, you will benefit from a wide range of professional and personal development opportunities, including:
- Comprehensive training: Access immersive training sessions focused on building industry knowledge, technical expertise, and essential soft skills to help you adapt quickly and make a meaningful impact
- Senior networking opportunities: Attend "Coffee Hours" led by senior leaders, providing opportunities to connect and grow your professional network
- Buddy system: Be paired with a dedicated graduate buddy who will guide and support your integration into the team and wider business
- Potential for future opportunities: The chance to secure a place on a 2029 Schroders Graduate Programme, subject to performance feedback
- End‑of‑programme event: Celebrate your achievements alongside other placement year students, interns and line managers at a dedicated event at Schroders HQ
- On-site facilities: Enjoy the convenience of an on-site staff restaurant and complimentary use of our on-site gym
- Use of a private GP service
By joining us, you will be part of an inclusive environment where your learning, wellbeing, and professional growth are a priority.
Recruitment process:
- Online application form
- Stage 1 Cognitive Online Assessment
- Stage 2 Behavioural and Motivational Assessment
- Stage 3 Work Simulation and Video Interview Assessment centre
Candidates must be available to start the placement year programme on Monday 14 June 2027 and commit to the full duration of the 12-month programme.
We Recognise Potential, Whoever You Are
Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic. We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs.
2027 Internal Audit Placement Year Programme employer: Schroders
Schroders Wealth Management is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from a strong commitment to professional development, a culture that prioritises risk management excellence, and the opportunity to make a meaningful impact on client outcomes while ensuring compliance with regulatory standards. With a focus on fostering a supportive atmosphere, Schroders empowers its team members to grow and excel in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land 2027 Internal Audit Placement Year Programme
✨Tap into University Career Services
Your university’s career services are a goldmine for placements in banking and financial services. They often have direct connections with top firms and can help you land internships like the one at Schroders. Don’t miss out on career fairs and employer presentations – make the most of these opportunities!
✨Get Involved with Finance Societies
Join or become active in finance and investment societies at your uni. These societies often host networking events and workshops that can connect us with potential employers. Plus, you’ll pick up valuable insights and skills while meeting like-minded peers!
✨Attend Industry Events and Conferences
Keep an eye out for finance-related events and conferences in your area, especially as they’re great spots to meet professionals in the industry. Look for events that specifically focus on banking or investment, as they often lead to placement opportunities, including roles at Schroders.
✨Tailor Your Networking Approach
When you’re networking, be genuine and specific about your interests in banking. Use platforms like LinkedIn to connect with professionals, and don’t hesitate to reach out to them for advice. If you’re targeting a placement at Schroders, mentioning it during chats can set you apart and show your enthusiasm!
We think you need these skills to ace 2027 Internal Audit Placement Year Programme
Some tips for your application 🫡
Highlight Your Academic Achievements:In the banking and financial services sector, your grades can really make a difference. Make sure to include your latest academic results and any relevant coursework, especially if you’ve studied finance, economics, or related fields. We love seeing strong performance in quantitative subjects!
Showcase Relevant Experience:Even though this is a placement, having some experience—like internships, part-time jobs, or university finance clubs—can set you apart. Talk about any finance-related projects or roles you've held, and quantify your achievements where possible. Think of tangible skills you gained that are applicable to the role!
Tailor Your CV to the Role:This isn’t a one-size-fits-all situation. When crafting your CV, make sure to tailor it specifically for the role at Schroders. Highlight skills like analytical thinking, attention to detail, and any software proficiency—like Excel or financial modelling tools—that could be relevant. We want to see that you’re ready to jump right in!
Craft a Convincing Cover Letter:Use your cover letter to express your motivation for pursuing a placement in banking and financial services at Schroders. It’s a great chance to show your passion for finance and your eagerness to learn from industry professionals. Share why you think this setting is perfect for your personal and professional growth!
How to prepare for a job interview at Schroders
✨Mastering Financial Fundamentals
Since you're diving into the banking and financial services sector, brush up on the basics like financial ratios, market trends, and key economic indicators. Be ready to tackle questions that test your understanding of these concepts — they might even throw in a case study for you to solve on the spot!
✨Polish Your Analytical Skills
Analytical skills are crucial in banking, so prepare to demonstrate yours. You could be given hypothetical scenarios involving data sets or client portfolios during the interview. Practise walking through your thought process clearly — showing how you approach problems will impress the interviewers at Schroders.
✨Highlight Your Willingness to Learn
As this is a placement, they will want to see your eagerness to learn and grow in the industry. Share examples from your studies or any projects where you showcased your ability to pick up new skills quickly. This will show that you're adaptable and ready to tackle real-world challenges.
✨Showcase Your Passion for the Industry
Let your enthusiasm for banking and financial services shine through! Discuss recent news, trends, or developments that excites you, especially those relevant to Schroders. This will not only demonstrate your knowledge but also your genuine interest in the role and company culture.
