Managing Director | Chief Internal Auditor; SMF– LBCM

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.

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.

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.

• 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.

• 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.

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