Agile Working Options

Other Agile Working Arrangements / Open to Discussion

Job Description Summary

Earn as you learn in a FTSE 100 BUSINESS THAT PROTECTS 30 MILLION PEOPLE.

The Lloyds Banking Group Internal Audit Apprenticeship is the ideal opportunity for enthusiastic school leavers who are eager to get started with their career and gain a professional qualification at the same time.

We’re looking for innovative problem solvers, team-players and people with an eye for detail who are keen to make an impact within banking and financial services. If this sounds like you, join us and be part of an inclusive, values-led culture passionate about making a difference.

We don’t just look for exam results – we’re looking for passion, personality and the commitment to learn! Whatever your dream, you can expect excellent benefits, personal development and a career that’s enriching and full of opportunity.

Job Description

What you’ll do:

You’ll work in Internal Audit, a department that plays a vital role in keeping Lloyds Banking Group safe, secure and sustainable, by helping the Group manage risks and ensuring the correct measures are in place to mitigate them. 

Lloyds Banking Group is Britain’s largest bank and the largest provider of digital financial products in the UK, so the role of auditor is an important one.

About the programme:

Starting in September 2022, we’ll support your study for a fully funded professional qualification - the Institute of Internal Auditors (IIA) Level 4 Apprenticeship, before moving onto the Level 7 full Chartered Internal Auditor qualification.

In each of your placements, you’ll be aligned to the appropriate qualification stage - everything you learn will be relevant and readily applicable in your day-to-day role.

The apprenticeship scheme will give you significant insight into our entire business. Our central role offers a unique perspective on how Lloyds Banking Group functions as a whole and how our business areas operate across the organisation. This added exposure can be a valuable stepping stone towards senior leadership positions in the future.

By the end of this programme, you’ll have a clear path for progression within Lloyds Banking Group and a firm understanding of your strengths and career goals.

What you’ll learn:

Join us and over four and a half years you’ll enjoy placements across different internal audit teams and study for a professional qualification equal to a Master’s degree.

As part of on the job training, you’ll learn all about performing audits to test processes, identifying gaps in those processes and help to recommend steps to ensure the highest risks are effectively managed.

Your time will be divided across our different Audit teams:

• Business Related: these teams look at how the bank works for our clients in our front-line, customer-facing business divisions. You’ll get to explore diverse areas such as Retail Banking, Insurance and Commercial Banking

• Risk Specialist: these teams look at the engine room of the organisation; the specialist areas that allow bank operations to work as fluidly as possible. You could find yourself anywhere from People to Data or Finance to Cyber Security.

You’ll also complete a placement outside Internal Audit, where you’ll learn how other business areas work across our organisation.

What you’ll have:

We’re looking for innovative problem solvers, team-players and people with an eye for detail who are keen to make an impact within banking and financial services. If this sounds like you, begin your career in Internal Audit to gain broad exposure to different business areas and then specialise in a subject you’re passionate about.

Entry requirements – England:

• Minimum 5 GCSEs Grades A* - C or 4 -9 (inc. Maths at minimum B or Level 5 and English Language) and

• Minimum of 112 UCAS points under the 2017 tariff point system (e.g. BBC at A Level or equivalent qualifications)

Entry requirements – Scotland:

• Minimum 5 National 5 qualifications at Grades 1 – 3 (inc. Maths Grade 2 and English, or equivalent) and

• Minimum of 112 UCAS points at Higher / Advanced Higher Level

Please note - these can include predicted grades.

Application Process:

After completing your initial application, there are three further stages to our application process which includes online testing, video interview and an assessment centre. We’ll let you know as soon as we can if you have been successful at each stage.

What you’ll get in return:

Salary:

Starting salary:

• Edinburgh - £22,730

• London - £26,512

We offer a competitive package which includes salary, bonus, a generous pension contribution, an attractive path of progression and flex cash to spend on a host of benefits to suit your lifestyle. We have a long track record in flexible working and we’re always open to new ways to improve our people’s work-life balance, therefore open to discussion on working patterns and working hours.

Lloyds Banking Group is committed to building a workforce which reflects the diversity of the customers and communities we serve, and to creating an inclusive workplace where all our colleagues can be themselves and succeed on merit.

Apprenticeships worth discovering

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We're passionate about creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the chance to make a real difference.

This role is due to close at the end of the day on Monday 21 February 2022.

Our roles generate a lot of interest and occasionally we have to close the adverts slightly earlier than stated on our website. So if you think working with us could be right for you, please apply now.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain recover. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.