Senior Audit Manager - Markets

JOB TITLE: Senior Audit Manager - Markets

SALARY: £90,440 - £144,694

LOCATION(S): Edinburgh, Bristol or London

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

Do you want to join a high performing and people oriented team that delivers quality and innovative audits across the Commercial Banking Markets business?

About this opportunity

As a Senior Audit Manager in the Commercial Banking Markets team, you’ll ensure reliable and high-quality delivery of the Markets audit plan and provide assurance on the management of risk and internal controls.

You’ll supervise the end-to-end execution of audits and related action follow up through effective planning and stakeholder management, ensure quality across the portfolio and provide timely actionable development feedback to all colleagues delivering on your behalf.

You’ll also contribute to the development and improvement of GA&CI colleagues through teamwork, collaboration and effective management of resources. Provide career coaching and mentoring to direct report and colleagues in the pool to champion a positive and high-performing team culture.

We’re looking for standout colleagues – Who trust each other, act as one team to achieve the best outcomes and make a positive difference to the Group and its customers.

We want colleagues who are bold and take action - Confidently innovate, share exceptional insights, deliver difficult messages and drive action that leaves a legacy of significantly improved governance and control.

Day to day, you will:

• Actively oversee the detailed scope and delivery of a significant number of audits in the audit plan and where necessary directly lead particularly complex audits within the portfolio.

• Ensure appropriate planning for Audits in your portfolio, including selecting and supporting Engagement Leads who will project manage individual audits.

• Oversee progress, and manage the quality of audit delivery, make appropriate judgements as to when automated or data driven testing is most effective, and keep Audit and Business leadership informed regarding status, risks and other relevant insights.

• Manage relationships with the business and provide assurance and support regarding risk management and effective, efficient internal controls

• Collaborate with the resource scheduler to ensure appropriate resource allocation to deliver the audit portfolio.

• Proactively suggest and deliver innovating thinking by bringing the outside in.

• Proactively identify areas of improvement and drive different ways to contribute and shape direction for the team.

• Actively role model the Group values and behaviours when managing and leading others.

• Act as a career coach, performance manager, or pastoral (line) manager, if applicable, to a number of colleagues within the pool.

• Provide timely, direct and effective feedback that helps the ongoing development of direct reports and other team members.

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.

What you’ll need:

• Excellent knowledge of FX and Rates sales and trading & Debt Capital Markets businesses and associated products, including derivatives.

• Understand trading and hedging strategies, and the overall end to end product flow through Front, Middle and Back offices.

• Understands the risks in a Markets business including knowledge of the regulatory environment, including MiFID II and MAR.

• Experience in performing markets audits previously, particularly in the derivatives space.

• Track record of leading audits and can perform audits without supervision.

And any experience of these would be really useful:

• Good handle of electronic trading strategies and associated controls.

• Experience in auditing trade, electronic and voice surveillance frameworks.

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

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