Audit Analyst – Economic Crime Prevention

Full Job Description

End Date

Friday 08 March 2024

Salary Range

£0 - £0

We support agile working – click here for more information on agile working options.

Agile Working Options

Flexibility in when hours are worked, Job Share

Job Description Summary

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Job Description

JOB TITLE: Audit Analyst – Economic Crime Prevention

LOCATION(S): Bristol, Edinburgh (will consider applications from other locations)

SALARY: £45,954 - £56,166

HOURS: Full-time

WORKING PATTERN: Hybrid, 40% (or two days) in an office site

About this opportunity

An exciting opportunity has arisen to join a diverse and committed audit team as an Audit Analyst focusing on Economic Crime Prevention across the Lloyds Banking Group's global businesses. As an Audit Analyst, you will join a team of experienced auditors based in the UK where you will help in the execution of successful value adding audit engagements in the important space of anti-money laundering, sanctions, bribery/corruption and tax evasion risk and fraud. You will assist the lead Auditor in developing the scope of audits and devise and execute appropriate testing during these engagements. Additionally, you will actively engage with members of the first and second lines either through audit work or Business Monitoring activities.

The role also involves owning and closing Audit issues, the application of data analytics and a mind-set to learn new business areas and to develop your skillset in economic crime. You will work closely with a team of experienced Auditors gaining a broad exposure to all the areas of economic crime.

Day to day responsibilities of the role will include:

• Audit Execution: Support the audit managers by carrying out control testing and identifying areas of concern.
• Audit Report: Document audit testing and any associated observations and findings.
• Issue follow-up: Support the follow-up and subsequent remediation of audit issues identified.
• Business Monitoring: Support audit managers in risk assessing business processes and activities, escalating any concerns through leadership team.
• Sharing of Insights: Collaborate and where appropriate provide SME insight for other teams within Group Audit including bringing the outside in.

Why Lloyds Banking Group?

We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

What you’ll need:

• Minimum of 2 years’ experience in economic crime working in Internal or External Audit or within a Risk Function.  
• An understanding of risks and controls and an understanding of anti-money laundering, sanctions, bribery and corruption, tax evasion and/ or fraud risk and the regulatory requirements.
• Knowledge of how to use or apply data analytics tools to drive impactful audit outcomes and continuous risk monitoring.
• A basic understanding of the regulatory environment in the UK.
• Good oral and written communication.
• Demonstrate good interpersonal skills and can effectively demonstrate negotiation and influencing techniques when required.  
• Adopt a collaborative, proactive and motivated approach, along with an ability to deliver with others.  
• Take full ownership and accountability for tasks assigned to them.
• Good decision making skills and the ability to make sound judgements.
• Excellent attention to detail and accuracy and adherence to methodology requirements.
• The ability to multi-task and manage workloads and tight deadlines.

And any experience of these would be really useful:

• ACAMS or ICA Financial Crime qualification or equivalent
• Practical experience of managing or auditing AML risk in financial services
• Practical experience of managing or auditing Economic Sanctions in financial services
• Internal audit knowledge and experience

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know

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 you can adapt to your lifestyle, such as discounted shopping

• 28 days’ holiday, with bank holidays on top

• A range of wellbeing initiatives and generous parental leave policies

Ready for a career where you can have a positive impact as you learn, grow and thrive? Apply today and find out more!

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 keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

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.