Audit Manager - Market Risk

  • GBP61500 - GBP75000 per annum + Benefits
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Lloyds Banking Group
  • 21 May 18 2018-05-21

Here at Lloyds Banking Group we are recruiting an Audit Manager - Market Risk role based in our London office.

We have a clear purpose; to help Britain Prosper. We couldn't make this happen without our colleagues. They make the difference, individually and collectively, and through the work they all do across the Group. Join us and together we'll make it possible. Given our market leading position in the sector, we are leading the way in crafting the future face of banking. Be a part of it and see what difference you can make.

Here within Group Audit, we are a leading audit function, contributing to the Group becoming the best Bank for Customers. We need your expertise for a number of exciting opportunities for colleagues with internal audit experience and /or deep technical expertise and business/commercial experience.

Audit is an attractive place to work - the impact of the work performed within our team is material and the possibilities for learning and development are extraordinary. Our colleagues have exposure to senior partners and across all functions within the Group. Culture in the function is collaborative and we are committed to a diverse and expansive group of colleagues.

Come and join us today.

As the Audit Manager, you will act as a Specialist and/or Engagement Lead to deliver a variety of audits, harnessing a deep understanding of strategy, controls and risks to ensure reliable and independent assurance on the effectiveness of the control framework.

Your key accountabilities will include leading, managing and/or undertaking a portfolio of audits in terms of scale, scope, cross-divisional impact and technical specialism to provide reliable, independent assurance and agree management actions with the business to improve the control framework.

You'll provide senior professional audit/specialist expertise and input into the development of methodology and standards and provide improvements and suggestions to the development of the audit plan for assigned areas and prioritise work based on risk and an understanding of business objectives.
Developing and maintaining partner relationships with business/specialist areas is key, to be able to inspire change and educate the business in the control framework and provide guidance and counsel.

You will develop and engage with relevant external advisers to stay ahead of audit best practice and lead external audit involvement and initiate and deliver agreed initiatives to achieve continuous improvement. In addition, you will maintain up to date awareness of relevant regulatory and statutory environment and apply and champion the Group Audit methodology and standards to deliver high quality audit papers and files.

To be successful in the role you will need to have experience in market risk management and pricing model development/ validation as well as the valuation of financial products. You will ideally come from a big 4 market risk/ valuation advisory; or an audit function auditing market risk and valuation.

You will hold a deep understanding of the different methodologies used to measure, monitor and report market risk exposure and an appreciation of the underlying model methodologies. You will also have a deep understanding of the relevant regulatory framework in place regarding market risk management including both regimes in strength and in the pipeline.

In addition, knowledge of the evaluation process for complex derivative instruments and prudent valuation guideline is key.

Here you will find opportunities to grow your career whilst supporting the Group to achieve a purpose you can be really proud of. If you want to be stretched and fulfilled, we will help you build the career that will make a difference to you and our customers.

In addition to a high profile role with a diverse, energising and informal environment that focuses on equal opportunity and real career progression opportunities. We'll also give you a comprehensive package that includes:
* Car/allowance
* Performance Share award
* Generous pension
* A flex cash pot you can adjust to suit your lifestyle
* Private health cover
* Share schemes
* 30 days holiday plus bank holidays
* Discounted products and shopping opportunities

As a colleague of the Group, your continued development is important to us so we will hold regular career development conversations with you to help you identify the right opportunities to maximise your potential. Our expansive culture and working environment means we'll provide you with the opportunity to participate and give your best, helping us to craft our future and become the best team.