• Job Description

  Req#: 107383

  End Date

  Monday 26 February 2024

  Salary Range

  £146,931 - £172,860

  
  

  We support agile working – click here for more information on agile working options.

  Agile Working Options

  Hybrid Working, Job Share

  Job Description Summary

  .

  Job Description

  JOB TITLE: LBCM Chief Internal Auditor (SMF5)

  SALARY: £146,931 - £172,860

  LOCATION(S): London, Bristol, Edinburgh

  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.

  This opportunity is to lead our audit approach for the Lloyds Bank Corporate Markets (LBCM) business, working with senior executives and Board members of one of the UK’s largest banks to Help Britain Prosper. It’s also an exciting opportunity to join one of the most progressive audit functions, with an ambition to be leading across the industry. If you are highly skilled, want to join a leading team and help us achieve our ambition this could be the role for you.

  About this opportunity

  The LBCM Chief Internal Auditor is responsible for providing leadership and strategic direction in LBCM and is accountable to the Chair of the LBCM Audit Committee and the Audit Director, Commercial Banking.

  Key to success will be collaborating with leaders across the function and the business to ensure that our assurance work covers key and emerging risks and helps ensure that the LBCM business area achieves its strategy and its other priorities through managing its risks effectively.

  You will have a robust understanding of all entities within LBCM and will be responsible for third line oversight of and assurance on all entities. You will have accountability for the delivery of the audit plan for LBCM across all its geographic and divisional businesses, which will be delivered by a combination of the LBCM audit team and dedicated shared service internal audit resources.

  You will report 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. You will be a member of the LBCM Board Audit Committee; you will also attend other LBCM Group and Divisional committees as required.

  Responsibilities:

  • Ensuring that the LBCM audit plan appropriately covers key risks to the LBCM business and is delivered appropriately.

  • Attending and presenting reports to the LBCM Audit Committee and other senior Committees, reporting key insights from Group Audit’s work and whether remediation of existing items is progressing appropriately.

  • Assessing whether all significant risks to the LBCM business are identified and reported appropriately to the LBCM Audit Committee and Executive Management.

  • Leading and developing the LBCM audit team, ensuring that the team has sufficient skills and expertise.

  • Contributing to the strategic development of the wider Group Audit and Conduct Investigations (GA&CI) function

  • Maintaining an open, constructive, and cooperative relationship with regulators that supports sharing of information relevant to carrying their respective responsibilities.

  Why Lloyds Banking Group

  We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.

  What you’ll need

  • Skills: Highly proficient audit and risk management skills gained in senior positions across the financial services industry.

  • Knowledge: of Markets products, risks, and regulatory requirements is essential.

  • Collaboration and influencing: ability to engage in a constructive manner and influence stakeholders across a broad range of business and functional areas within LBG to deliver the right outcomes for LBCM.

  • Effective business control: breadth of knowledge across the relevant businesses of LBCM and the wider financial services industry; understanding of economic, political and social trends; ability to identify, articulate and manage risks to strategy; record of supporting senior colleagues and delivering results.

  • Compliance with the regulatory system: high standards of conduct and behaviour, especially with regards to the interests of customers; record of delivery on compliance issues; understanding and adherence to colleague fitness and propriety requirements; understanding of the importance of documentary evidence for key decisions.

  • Responsible delegation of responsibility: understanding of corporate governance; willingness to lead from the front; ability to manage large teams, often across different jurisdictions.

  • Openness and cooperation: strong sense of professional ethics and service to the Group and society; willingness to collaborate openly with all stakeholders, including peers, customers and regulators; ability to communicate succinctly and effectively.

  And any experience of these would be really useful

  • Digital Transformation: Experience of digital transformation to support business growth

  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

  • 30 days’ holiday, with bank holidays on top

  • A range of wellbeing initiatives and generous parental leave policies

  Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey!

  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.

• About the company

  For over 250 years we’ve been making a difference to the lives of customers, businesses and communities. Today, we're still driven by our purpose of helping Britain prosper. We're part of an ever-changing industry and are currently on a journey to shape the financial services of the future, whilst supporting our customers’ changing needs. The scale and reach of our Group means we can offer a broad range of opportunities to learn, grow and develop. Our values-led culture and approach to inclusion and diversity means we can all make a real difference together.

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