Position Overview & Specifications

Please note, this site is only for external candidate applications. If you currently work for Lloyds Banking Group please apply via the internal career site. Please note: In order to complete an apprenticeship there needs to be a significant learning need. You need to consider your previous qualifications or significant relevant work experience which may mean you cannot proceed with this application. End Date Sunday 26 February 2023 Salary Range £27,846 - £40,222
Agile Working Options Other Agile Working Arrangements / Open to Discussion Job Description Summary The Lloyds Banking Group Internal Audit Apprenticeship is an ideal opportunity for enthusiastic school leavers who are eager to get started with their career and professionally qualify as a Chartered Internal Auditor with a Master’s degree, all whilst earning a salary.

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 – managing risks and ensuring the correct measures are in place to protect against them.

This 4.5 year programme takes your through your fully funded Level 4 and then Level 7 Audit apprenticeships while building your skills and knowledge through your day to day work.

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 About the programme: Starting in September 2023, we’ll support your fully funded study to professional qualify as a Chartered Internal Auditor with the Chartered Institute of Internal Auditors. Over a 4.5 year period, you’ll start by completing the Level 4 Internal Audit Practitioner apprenticeship, before moving onto the Level 7 Internal Audit Professional apprenticeship which is also a Masters qualification. You will rotate through placements during your apprenticeship where everything you’ll 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. This added exposure can be a valuable stepping-stone towards senior leadership positions in the future. You are a permanent member of staff as soon as your start and our commitment to your growth and development reflects this, we want to support you to succeed! 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. Plus upon successfully completing the apprenticeship you’ll not only be a Chartered Internal Auditor, but you’ll also have your Master’s in Internal Audit Management & Consultancy! What you’ll learn: As part of your role, 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. As an Apprentice Internal Auditor, your placements will be in different teams:
  • Teams that work with the Business: these teams look at how the bank works for our customers. You’ll get to explore diverse areas such as Retail Banking, Insurance and Commercial Banking
  • Teams that focus on Risk: 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.
To broaden your skills and learn how other business areas work across the organisation, you’ll also complete a placement outside Internal Audit in a different part of Lloyds Banking Group. 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. We want people who will embrace our differences - Be inclusive. Be curious about different cultures and celebrate the opportunity that diversity brings. We put our people first. We have a proposition that inspires our people to be their best. We’re passionate about developing and retaining talent and helping colleagues realise their potential. Your approach is just as important as your skills, if this sounds like you, then we’d welcome your application. Entry requirements:
  • Minimum 5 GCSEs Grades 4 -9 (inc. Maths at minimum 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)
Please note – these can include predicted grades and you don’t need to wait until you have your results to apply. Application Process: After submitting your initial application, you’ll be required to complete an online test and Job Insight Assessment. If successful, you’ll be invited to attend an assessment centre as part of the selection process. We’ll let you know as soon as we can if you have been successful at each stage. The assessment centres will be taking place from week commencing 10 April 2023. These will be face to face in our London office at 25 Gresham Street. What you’ll get in return: Salary: Starting salary: £27,846 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. 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. If you would like to hear more about Audit you can watch our recent Careers Live session which featured some of our current apprentices – https://www.youtube.com/watch?v=pXloCJCGmfg This role is due to close at the end of the day on Sunday 26 February 2023. 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. If you have any queries regarding the recruitment process please email: lloydsbankinggroup@cappfinity.com 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 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.