Audit Analyst

at  Lloyds Banking Group

End Date
Friday 17 May 2024
Salary Range
£0 - £0
We support flexible working – click here for more information on flexible working options
Flexible Working Options
Job Share
Job Description Summary
As an Audit Analyst, you will join a team of experienced auditors based in the UK where you will help in the execution of our function wide audit plan.
You will lead elements of large audits in accordance with the agreed plan, with relative autonomy, harnessing a deep understanding of business priorities, controls, and risks to provide high quality independent assurance.
Additionally, you will actively engage with members of the first and second lines either through audit work or Business Monitoring activities.
You will work closely with a team of experienced Auditors gaining a broad exposure to the entire suite of Banking products overtime, along with associated support and second line functions.
Job Description
JOB TITLE: Audit Analyst

SALARY: £45,954 - £51,060

LOCATION(S): Edinburgh, Bristol, London
HOURS: Full-time
WORKING PATTERN: Our work style is hybrid, which involves spending at least
two days per week, or 40% of our time, at one of our office sites
About this opportunity
We’re looking for team players – Who trust each other, act as one team to achieve the best outcomes and make a positive difference to the Group and its customers.
We want colleagues who are bold and take action - Confidently innovate, share exceptional insights, difficult messages and drive action that leaves a legacy of significantly improved governance, risk management and control.

Responsibilities:

• Responsible for assisting the Engagement Lead in the planning, execution, and reporting of internal audits. This includes identifying and assessing risks, testing controls, and providing recommendations for improvement.
• Able to articulate control weaknesses in a clear and concise manner, document these in professional reports and explain them clearly to senior stakeholders.
• Building longstanding stakeholder relationships to enable effective follow up and validation of control weakness mitigation, and facilitate ongoing monitoring of emerging risk areas across the business.
• Proactively identify, address and drive personal development opportunities and help create a positive learning culture based on effective coaching.

Why Lloyds Banking Group
If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

What you’ll need

• Minimum of 2 years’ experience working in Internal or External Audit or within a Risk Function.
• A good understanding of risks and controls and a basic understanding of financial and lending products and their risks.
• Knowledge of how to use or apply data analytics tools to drive impactful audit outcomes and continuous risk monitoring.
• A basic understanding of the regulatory environment in the UK.
• Strong delivery skills and the ability to manage multiple concurrent projects.
• Good oral and written communication.
• Strong interpersonal skills and can effectively demonstrate negotiation and influencing techniques when required.
• collaborative, proactive, and motivated approach, along with an ability to deliver with others.
• Takes full ownership and accountability for tasks assigned to them.
• Good decision-making skills and the ability to make sound judgements.
• Excellent attention to detail and accuracy and adherence to methodology requirements.

And any experience of these would be really useful

• Economic Crime Prevention
• Sourcing and Supplier Management
• Change Delivery

About working for us
Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity, or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So, if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

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
• 28 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.
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

• Responsible for assisting the Engagement Lead in the planning, execution, and reporting of internal audits. This includes identifying and assessing risks, testing controls, and providing recommendations for improvement.
• Able to articulate control weaknesses in a clear and concise manner, document these in professional reports and explain them clearly to senior stakeholders.
• Building longstanding stakeholder relationships to enable effective follow up and validation of control weakness mitigation, and facilitate ongoing monitoring of emerging risk areas across the business.
• Proactively identify, address and drive personal development opportunities and help create a positive learning culture based on effective coaching