Audit Analyst - Commercial Banking

Lloyds Banking Group

Audit Analyst - Commercial Banking

£63800

Lloyds Banking Group, Edinburgh

  • Full time
  • Permanent
  • Onsite working

Posted 2 weeks ago, 8 Jun | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 38ab39c86c7242dbbd8c56d8c42ae253

Full Job Description

An exciting opportunity has arisen to join the Commercial Banking Audit team as an Audit Analyst focusing on the Banks Business & Commercial Banking and Corporate and Institutional Banking businesses.

As an Audit Analyst, you will join a team of experienced auditors based in the UK where you will help in the execution of successful value adding audit engagements.

You will assist the lead Auditor in developing the scope of audits and devise and execute appropriate testing during these engagements.

Additionally, you will actively engage with members of the first and second lines either through audit work or Business Monitoring activities.

The role also involves owning and closing Audit issues, the application of data analytics and a mind-set to learn new products and business areas.

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.

Day to day, you'll :

Work with business areas to understand the processes and controls

Work with engagement leads to assess what the key risks and controls in a business area are

Perform testing to assess if a business area manages its' risks effectively

Help to write and deliver findings from audits

Validate findings from previous audits

Work with Portfolio Leads to monitor business performance

Why Lloyds Banking Group

We're on an exciting journey and there couldn't be a better time to join us. The investments we're making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

Minimum of 2 years' experience of the Commercial Bank working in Internal or External Audit or within a Risk Function.

An understanding of risks and controls and a basic understanding of financial and lending products, their risks and how they generate revenues.

Knowledge of how to use or apply data analytics tools to drive impactful audit outcomes and continuous risk monitoring.

Whilst this role is not solely an IT Audit role, preferred candidates will have a good working knowledge of IT controls and have performed some degree of assurance work in the IT space.

A basic understanding of the regulatory environment in the UK.

Good oral and written communication.

Demonstrate good interpersonal skills and can effectively demonstrate negotiation and influencing techniques when required.

Adopt a collaborative, proactive and motivated approach, along with an ability to deliver with others.

Good decision making skills and the ability to make sound judgements.

Excellent attention to detail and accuracy and adherence to methodology requirements.

The ability to multi-task and manage workloads and tight deadlines.

And any experience of these would be really useful

Commercial Lending products risk or controls

Commercial Transaction Banking products risk or controls

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

Do you want to help check that Lloyds Banking Group provides good customer outcomes and delivers its ambitious transformation strategy?, 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


  • Ready for a career where you can have a positive impact as you learn, grow and thrive? Apply today and find out more.

    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.