Group Internal Audit Manager, Commercial Credit Risk
Lloyds Banking Group
February 15, 2018
London, United Kingdom
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.
Group Internal Audit are the third line of defence and take a leading role in rebuilding trust for our customers, the Group and the industry. We have a critical role to play in our business by providing expert assurance on the control framework of Lloyds Banking Group. We provide independent, objective assurance and consulting activity designed to add value and improve our organisation's operations. We work alongside the first and second line of defence which are the business and risk functions respectively. As the third line we report to the Board over the effectiveness of the Group's risk management, control and governance processes.
Joining the Commercial Credit Risk team as an Audit Manager, you'll support the delivery of audits covering the full end to end credit lifecycle in Commercial Banking, from the origination and approval of new business within credit risk appetite, to the monitoring of counterparty credit risk and the management of impairment. This'll provide you with an excellent opportunity to gain an understanding of Commercial Banking and the risk management framework, to develop a network across first, second and third lines of defence, and to contribute to the independent assurance and development of the Group's risk and control framework and processes.
You'll be supporting the Engagement Lead to deliver audits of high quality, independent assurance and agreeing management actions to enhance the control framework to agreed plan. You'll also lead elements of audits, with minimal support.
Establishing and building relationships with stakeholders to educate the business in the control framework will be key, alongside influencing business processes and actions, to ensure control improvements are delivered.
You'll be working collaboratively across the risk / business audit matrix to develop an understanding of business priorities and risk appetite relevant to assigned Audits, and identifying key controls and evaluating their design effectiveness. Key accountabilities will also include:
* Defining, proposing and completing testing of key controls for assigned Audits to evaluate their operational effectiveness requiring only light supervision.
* Highlighting any control deficiencies for assigned Audits and draft issues and actions.
* Applying the Group Audit methodology and standards to identify and deliver high quality findings and robust supporting files.
* Ensuring management actions address the root cause of findings, all findings are reported, followed up and management proposals to close are credible and fully supported by evidence ahead of recommending closure.
* Embracing continuous improvement through supporting change initiatives.
You'll need to demonstrate a good knowledge of credit risk management and best practice (demonstrated through practical experience), or relevant experience within an Audit function.
Naturally, you'll apply and champion the Group Audit methodology and standards and keep abreast of audit best practice and the changing regulatory environment. And as a Manager, you'll develop, coach and motivate colleagues to create high performing teams that consistently demonstrate group values.
Join us and be part of an inclusive, values-led culture focused on making a difference. Together we'll continue our market leading, ground breaking transformation and you'll help us realise the Group's vision to become the Best Bank for Customers.
And whatever your aspirations, you can also expect excellent benefits, personal development and a career that's enriching and full of opportunity. Together we make it possible.