Head of Audit, Lloyds
Markets
£149.9-176.3k
+ An annual performance-related bonus and share schemes including free shares
4+ days a week in office
Retail and commercial bank
Job no longer available
Retail and commercial bank
1001+ employees
Job no longer available
£149.9-176.3k
+ An annual performance-related bonus and share schemes including free shares
4+ days a week in office
1001+ employees
Company mission
To support families and businesses, helping them to take the next step, whatever that may be.
Role
Who you are
- Skills: Ability to deliver at pace, an expert in audit delivery, and a deep understanding of risks relevant to business strategy
- Strong Knowledge: of Markets and other Commercial products, risks and regulatory requirements is crucial
- Collaboration and influencing: ability to engage in a constructive manner and influence partners 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 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
- Openness and collaboration: strong sense of professional ethics and service to the Group and society; willingness to collaborate openly with all collaborators, including peers, customers and regulators; ability to communicate succinctly and effectively
Desirable
- Digital Transformation: Experience of digital transformation to support business growth
- Track record of improving audit delivery performance
- Prior experience working in an audit and/or investigations function, and good understanding of the role and purpose of GA&CI
What the job involves
- This is an excellent opportunity to lead the Lloyds Bank Corporate Markets Team (LBCM), part of Group Audit & Conduct Investigations (GA&CI) and our audit approach for the LBCM business
- You’ll be working within one of the most dynamic audit functions, with an ambition to be leading across the industry
- Ownership for developing, planning and implementing the organisation's Audit strategy
- Ability to successfully influence and work collaboratively with senior internal and external stakeholders
- Strong quantitative and qualitative analytics skills and ability to synthesise and present information and recommendations from findings
- Leading a team as a development manager having career focussed conversations and developing the capabilities of those you lead
- Working with the LBCM Chief Internal Auditor (CIA) to produce impactful and insightful Board reporting through business monitoring activities
Salary benchmarks
Our take
Lloyds Bank, part of Lloyds Banking Group, began operations back in 1765 and is nowadays one of the UK’s leading retail and commercial banks. As with many leading banks, the company has dealt with its share of controversy – including for its handling of PPI complaints in 2015, and the 2009 European Commission ruling that forced it to part ways with TSB – but it has nonetheless stood the test of time and worked to build back its public reputation in the wake of these setbacks.
Of the company’s 26 million customers, over 18 million of them are online, making it the largest UK digital bank. As part of its ongoing digital transformation, the company is seeking to put the cloud at the front of its services and systems, and has cited intentions to invest heavily in overhauling its current technology infrastructure. All this seeks to serve the modern banking customer, and to compete with the fast-increasing number of alternative banking options appearing on the market.
Recently, Lloyds Bank has shown great interest in facilitating innovation in the industry, joining as a partner on FinTech Action Labs (a FinTech accelerator programme) to bring its industry expertise to early-stage FinTechs. As well as investment in digital transformation and AI, the company is enhancing its wealth product and corporate banking offerings, as well as expanding its partnerships with digital banking companies.
Steph
Company Specialist
Insights
Company
Company benefits
- Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
- A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
- A flexible way of working: Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
- Family leave: Up to 63 weeks of maternity or adoption leave. Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay. Partners can have six weeks of fully paid paternity leave.
- Health insurance: Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
- Colleague Offers: Get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
- Financial products: Take advantage of our great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
- Share plans: Participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
- Pension: We offer a generous pension plan, with all joiners being automatically enrolled in our 'Your Tomorrow' scheme. You can decide how much you save and get a say in where your contributions are invested.
Company values
- We trust each other to achieve more together. We listen to, and are honest with, each other. We take things on, see them through, and give others the space and support to do the same.
- We put people first, and empower our colleagues to go the extra mile for our customers and communities. We treat everyone as individuals, and we don’t put processes ahead of real people’s needs.
- We embrace our differences to value everyone. We seek out diverse perspectives in order to learn about people’s different and changing needs, and to see how we can best support these.
- We’re bold and take action to drive the best outcomes for our customers. We champion ideas that move us forward, and we innovate for better results. We challenge things that aren’t right and make it our job to change them.
Company HQ
City of London, London, UK
Articles
Leadership
Charlie Nunn
(Group Chief Executive, not founder)Spent nine years at HSBC, including as Group Head of Wealth Management and Digital, and as CEO of Wealth and Personal Banking.
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