Internal Auditor

Job Title: Internal Auditor
Contract Type: Graduate
Location: London
Salary: Competitive
Reference: IAJS
Contact Name: Jessica Simpson
Contact Email:
Job Published: November 08, 2018 16:22

Job Description

As an internal auditor, the appropriate candidate will assist the Internal Audit (IA) Function to provide an independent assurance to Management that the Bank’s risk management, governance and controls are operating effectively. The candidate is required to be a self-starter and work independently as well as part of the team.

The scope and nature of audits will vary and areas audited include all lending divisions, corporate functions and second line functions such as Credit, Risk and Compliance. The candidate will assist with the delivery of the annual audit programme under the supervision of the Internal Audit Manager and/or Head of Internal Audit (HIA).


Key Responsibilities

  • Conduct audit testing as required under supervision of the Audit Manager and/or the Head of Internal Audit.

  • Identify risk areas within process(es) under review with guidance from the Audit Manager and/or the HIA.

  • Identify control weaknesses and provide practical and pragmatic solutions to the control weaknesses.

  • Agree on management actions with guidance from the Audit Manager and/or the HIA.

  • Attend close out meetings and agree with the Business on management actions.

  • Draft audit findings and report for review by Internal Audit Manager/HIA.

  • Log audit findings on an audit tracker to follow-up remedial action.

  • Maintain all necessary working papers to support audit findings.

  • Manage stakeholders and their expectations through regular communications.

External Matters

  • Maintain awareness of external regulations generated by the FCA/PRA, and other professional bodies, including matters of governance and best practice.

  • Perform audit work in line with CIIA guidelines and code of conduct.

Applicants for this role will need to be able to manage and prioritise their work load, require strong attention to detail and the ability to translate information into reports. It is essential that they are highly numerate, with strong analytical skills and demonstrate strong communication skills. Their commitment to the role will ensure that they make a meaningful and positive impact on the smooth running of the office.