Audit Analyst (Assistant Vice President) - Markets

JOB TITLE: Audit Analyst (Assistant Vice President) - Markets 

SALARY: £48,000 - £73,000 (dependant on location)

LOCATION(S): London, 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 

The Markets business with Lloyds Banking Group is growing and we are looking for an Audit Analyst who will support in the delivery of high-quality audits in the Commercial Banking - Markets portfolio. You will own the design and operational evaluation and testing of key controls while applying proficient knowledge of audit methodology and assigned risk areas.  

You’ll act as a proactive team member, with a growth mindset, positively contributing to the overall effectiveness and efficiency of the audit. Contributing to the ongoing development and improvement of GA&CI through a strategic and integrated audit focus, collaboration and agile delivery methods. 

Day to day, you will: 

• Contribute to the Commercial Banking - Markets audit plan, delivering specified outcomes and providing support by working as directed within the audit team. 

• Perform control testing and identify areas of concern, articulating the associated risks and testing outcomes. 

• Support senior colleagues with regular audit tasks and build meaningful stakeholder relationships. 

• Conduct research considering multiple perspectives and incorporate external insights to enable analysis of key themes and external trends. 

• Suggest improvements in current compliance processes by proactively identifying opportunities for improvement. 

• Actively role-model the Group values and behaviours. 

• Proactively identify, address and drive personal development opportunities and create a positive learning culture based on effective coaching. 

• 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. Join us on our journey and you will too! 

What you’ll need: 

• A good end-to-end understanding of Sales and Trading activities (particularly across Fixed Income products), including key risks and controls across the front office, middle office, back office, risk, and product control.  

• Experience working within a 2nd/3rd line role in an Investment/Wholesale Banking Institution  

• A good understanding of the regulatory landscape and key requirements.  

• The ability to lead and taking ownership for delivery, and championing colleagues' growth and development.  

• The ability to deliver risk and control assurance activity that is timely, impactful, insightful and valued by stakeholders. 

• The ability to understand and interpret Group and Business Unit Strategy and connect audit delivery and business monitoring insights to such strategies at the macro level. 

• The ability to analyse, understand and communicate data as information, and to use data to drive effective audit outcomes.  

• The ability to prioritize your work and that of others effectively to ensure timely and value-added delivery. 

And any experience of these would be really useful:  

• An understanding of Debt Capital Markets (DCM) products, risks and controls. 

• A Markets relevant professional qualification. 

• An understanding of Trade, Electronic and Voice Surveillance Frameworks. 

• Data Analytics (SQL, Python etc.).  

We also offer a wide-ranging benefits package, which includes:  

• A generous pension contribution of up to 15% 

• An annual performance-related bonus