- Salary: £23,940 - £26,600
- Deadline: CLOSED
- Length of Programme: 1 Year
- Entry Requirements: Grade C or above in at least five GCSEs including English and Mathematics, 104 UCAS points, or equivalent
- Qualification Gained: Professional Qualification
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Start your career with a Lloyds Banking Group Internal Audit Apprenticeship.
Help us identify problems across every part of Lloyds Banking Group in an independent, consultative role.
We’re looking for innovative thinkers and team-players; people with an eye for detail who are keen to make an impact within banking and financial services. If that sounds like you, begin your career in Internal Audit to gain broad exposure to different business areas, and specialise in a subject you’re passionate about.
About the programme
The Group Internal Audit Apprenticeship Programme offers challenging and fulfilling career opportunities for inquisitive, open-minded and solution-focused people.
Internal Audit is a business function that plays a vital role in keeping Lloyds Banking Group safe, secure and sustainable while supporting the Group’s vision to be the best bank for customers. As an independent but consultative division, we help the Group manage the areas of the bank exposed to the highest risks, and ensure there are robust controls in place to mitigate them. That’s quite a responsibility, given that we’re one of Britain’s largest banks and the largest provider of digital financial products in the UK.
This programme will give you significant insights into our entire business. Our central role offers a unique perspective of how Lloyds Banking Group functions as a whole, but you’ll also discover how business areas operate across the organisation. This added exposure can be a valuable stepping stone towards senior leadership positions in the future. Furthermore, Internal Audit provides you with the opportunity to interact with senior people that otherwise you wouldn’t have the opportunity to meet with and learn from.
As our intakes are small, we can ensure you have the relevant support to develop the right specialist and leadership skills for a successful and impactful career.
What you'll do
Join us and for over four years, you’ll enjoy placements in the internal audit teams where you’ll learn about performing audits to test control frameworks; identifying the gaps and recommending solutions to help ensure the highest risks are effectively managed. Your time will be divided between:
Functional Audit: See how the bank works for our clients in our front-line, customer-facing business teams. You’ll explore diverse areas such as Retail Banking and Products, Insurance and Commercial Banking.
Risk Specialist Audit: This is the engine room of the organisation; the back office specialist areas that allow bank operations to work as fluidly as possible. You could find yourself anywhere from IT to HR, Finance to Credit Risk, or Group Operations.
You will also complete a placement outside Internal Audit, where you’ll learn how other business areas work across our organisation.
We’ll support your study for a fully funded professional qualification - the Institute of Internal Auditors (IIA) Level 7 Apprenticeship, resulting in Chartered Internal Auditor status. In each of your placements, you will be aligned to the appropriate qualification stage - everything you learn will be relevant and readily applicable in your day-to-day role.
At the end of this, you’ll secure a permanent role within LBG with a clear progression path. You’ll have a firm understanding of your strengths and career goals, making an impact on a leading financial organisation of the future.
- Grade C or above in at least five GCSEs including English and Mathematics
- 104 UCAS points, or equivalent
In return, we’ll offer you 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.
Join us and be part of an inclusive, values-led culture passionate about making a difference. Whatever your dream, you can also expect excellent benefits, personal development and a career that’s enriching and full of opportunity.
You will undertake an assessment centre as part of the selection process.
Please note if we receive a large volume of applications the advertising may close earlier, so don’t delay in submitting your application.
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 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.