Job Title: Managing Director | Chief Internal Auditor (SMF5) – LBCM
Location: London, Bristol, Edinburgh
Hours: Full-time
Working Pattern: Hybrid work style, at least two days per week, or 40% of time, at office sites.
About this opportunity
This role leads Group Audit’s approach for Lloyds Bank Corporate Markets (LBCM). It is a senior, high‑profile position engaging directly with LBCM Executive management and the Board, supporting effective governance, strong risk management, and clear oversight across a significant legal entity.
Role Purpose and Accountabilities
The Chief Internal Auditor holds third‑line accountability for assurance across all LBCM entities and geographic locations, responsible for delivering a risk‑focused audit plan, attending audit committees, and contributing strategically to the broader Group Audit function.
What you’ll be doing
- Ensuring the audit plan covers material and emerging risks and is delivered to a consistently high professional standard.
- Attending and presenting at the audit committee and senior committees, providing clear insight on audit conclusions, risk themes, and remediation status.
- Assessing whether significant risks are identified, escalated, and reported appropriately to the audit committee and executive management.
- Leading, developing, and sustaining a high‑performing audit team with the required capability and expertise.
- Contributing to the strategic development of the wider Group Audit function.
- Maintaining open, constructive, and effective relationships with regulators, supporting appropriate information sharing in line with regulatory responsibilities.
Qualifications
- Extensive senior‑level audit and risk experience within financial services, with a strong track record of operating effectively at Board and Executive level, and deep understanding of SMF accountability.
- Deep knowledge of Markets products, key risks, and regulatory requirements applied within a legal entity context.
- Proven experience leading audit committee outputs end‑to‑end, delivering concise, judgement‑led narratives against competing priorities.
- Strong collaboration and influence skills, building constructive relationships with senior stakeholders across functions and jurisdictions.
- Leadership capability: setting expectations, leading with confidence and authority, coordinating teams across functions while keeping accountability.
- High standards of conduct, integrity, and professionalism aligned to Lloyds values, with knowledge of governance and regulatory expectations.
- Clear, confident, concise communication, engaging effectively in formal governance settings and producing board‑ready outputs.
Relevant, transferable experience is also encouraged.
Benefits
We also offer a wide‑ranging benefits package, which includes:
- A generous pension contribution of up to 15%
- An annual performance‑related bonus
- Share schemes, including free shares
- Benefits adaptable to lifestyle, such as discounted shopping
- 30 days holiday, with bank holidays on top
- Range of wellbeing initiatives and generous parental leave policies
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