Audit Manager - Treasury and Market Risk

JOB TITLE: Audit Manager - Treasury and Market Risk

SALARY: £70,929 - £86,691

LOCATION(S): 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 office sites

About this opportunity

As an Audit Manager you’ll contribute to the delivery of high-quality audits. Lead audits or elements of large audits in accordance with the agreed plan, with relative autonomy, harnessing a deep understanding of business strategy/priorities, controls, and risks to provide high quality independent assurance on the effectiveness of controls.  

You’ll contribute 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 audit plan, supporting the portfolio lead by project managing individual audits on their behalf. 

• Support control testing and identify areas of concern, articulating the potential challenge. 

• Support senior colleagues build meaningful stakeholder relationships whilst making their own connections 

• Proactively suggest & deliver improvements in current compliance processes by being bold.  

• Conduct research considering multiple perspectives and brings the outside in to enable analysis of key themes and external trends. 

• Actively role model the Group values and behaviours. 

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

What you’ll need:

• 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.

Key skills required:

• Understanding of the key capital management concepts and processes (capital demand, capital supply, ICAAP), capital risk metrics / ratios

• Understanding of Recovery and Resolution outcomes and barriers

• Understanding of the key liquidity measures (LCR, NSFR)

• Understanding of the key market risk management and oversight concepts and processes (Interest Risk in Banking Book, Trading Book Market Risk and VaR)

• Understanding of Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR)

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!