Audit Manager, Third-Party Risk Management

JOB TITLE: Audit Manager – Third Party Risk Management

SALARY: £70,929 - £78,810

LOCATION: Edinburgh & Bristol

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 hub locations.

About this opportunity

Group Audit and Conduct Investigations has an exciting opportunity for you to join as an Audit Manager, specialising in third-party risk management. As an Audit Manager you’ll contribute to the delivery of high-quality audits. You will lead audits or elements of large audits, harnessing a deep understanding of third-party risk and controls to make a meaningful impact to how the Group outsources and manages its supply chain.

You’ll contribute to the ongoing development and improvement of GA&CI through a strategic and integrated audit focus, collaboration, and agile delivery methods, as well as upskilling junior colleagues.

Day to day, you will:

• Contribute to the audit plan, supporting the portfolio lead by project managing individual audits

• Support control testing and identify areas of concern

• Proactively suggest and deliver improvements to our current compliance processes

• Support in building and developing automation tools, and AI solutions to drive efficiencies and innovation in audit

• Put the team first by coaching with purpose, being present with the team and openly communicating expectations. 

• Freely share insight and timely, direct, effective feedback that contributes to the success of the delivery plan and leaves a positive, sustainable impact on the function. 

Why Lloyds Banking Group

Like the modern Britain we serve, we’re evolving. Investing billions in our people, data and tech to transform the way we meet the ever-changing needs of our 26 million customers. We’re growing with purpose. Come join us on our journey and experience it as well!

Essentials:

• Experience of leading and performing audits of third-party risk management. Areas of expertise will include outsourcing; supplier selection; supplier contracting and onboarding; and ongoing supply chain management.

• Good understanding of key regulations relating to third-party risk management including but not limited to ‘FCA Handbook SYSC 8 Outsourcing’; ‘SS2/21 Outsourcing and third party risk management’; and ‘Digital Operational Resilience Act (DORA)’.

• Experience of identifying key risks associated with third-party risk management and deliver risk and control assurance activity that is timely and insightful

• Highly skilled in writing, communicating, and agreeing high-quality audit findings and reports.

• Must be willing to champion colleagues' growth and development, with proven ability to upskill others in third-party risk management.

• Proficient in leading teams in planning and completing audits of third-party risk management

And any experience of these would be really useful:

• Knowledge of how to use or apply data analytics to drive impact audit outcomes and continuous risk monitoring

• A professional qualification related to audit or third-party risk management. 

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 to, 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

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