Audit Analyst (Assistant Vice President) - Markets

Lloyds Banking Group; Bristol; Hybrid; GBP 48,000 - 73,000; Full time

Job summary

A leading UK bank is seeking an Audit Analyst (Assistant Vice President) to support high-quality audits in the Commercial Banking – Markets portfolio. This hybrid role involves evaluating controls and conducting testing, while collaborating with audit teams. Applicants should have a solid understanding of sales and trading activities, particularly concerning risks and controls. The salary ranges from £48,000 to £73,000, accompanied by a range of benefits, including a generous pension and performance bonus.

Benefits

Generous pension contribution

Annual performance-related bonus

Share schemes including free shares

Discounted shopping

28 days’ holiday plus bank holidays

Wellbeing initiatives

Qualifications

• Experience working with an Investment/Wholesale Banking Institution.
• Understanding of key risks and controls.
• Ability to prioritize work for timely delivery.

Responsibilities

• Contribute to the Commercial Banking – Markets audit plan.
• Perform control testing and identify risks.
• Build stakeholder relationships.

Skills

Understanding of Sales and Trading activities

Experience in 2nd/3rd line role

Knowledge of regulatory landscape

Ability to lead and deliver

Data analysis skills

Tools

SQL

Python

Job description

End Date

Friday 09 January 2026

Salary Range

£0 - £0

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

Assist the Engagement Lead in the delivery of Audits or lead evaluation of controls and completion of testing applying proficient knowledge of audit methodology and assigned business / risk area.

Job Description

JOB TITLE: Audit Analyst (Assistant Vice President) – Markets

SALARY: £48,000 - £73,000 (dependant on location)

LOCATION(S): London, Edinburgh & Bristol

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our hub locations.

About this opportunity

The Markets business with Lloyds Banking Group is growing and we’re looking for an Audit Analyst who will support in the delivery of high-quality audits in the Commercial Banking – Markets portfolio. You will own the design and operational evaluation and testing of key controls while applying proficient knowledge of audit methodology and assigned risk areas.

You’ll act as a proactive team member, with a growth mindset, positively contributing to the overall effectiveness and efficiency of the audit. Contributing to the ongoing development and improvement of GA&CI through a strategic and integrated audit focus, collaboration and agile delivery methods.

Day to day, you will:

• Contribute to the Commercial Banking – Markets audit plan, delivering specified outcomes and providing support by working as directed within the audit team.
• Perform control testing and identify areas of concern, articulating the associated risks and testing outcomes.
• Support senior colleagues with regular audit tasks and build meaningful stakeholder relationships.
• Conduct research considering multiple perspectives and incorporate external insights to enable analysis of key themes and external trends.
• Suggest improvements in current compliance processes by proactively identifying opportunities for improvement.
• Actively role‑model the Group values and behaviours.
• Proactively identify, address and drive personal development opportunities and create a positive learning culture based on effective coaching.
• Freely share insight and timely, direct, effective feedback that contributes to the success of the delivery plan and leaves a positive, sustainable impact on the function.

Why Lloyds Banking Group

Like the modern Britain we serve, we’re evolving. Investing billions in our people, data and tech to transform the way we meet the ever-changing needs of our 26 million customers. We’re growing with purpose. Join us on our journey and you will too!

What you’ll need:

• A good end-to-end understanding of Sales and Trading activities (particularly across Fixed Income products), including key risks and controls across the front office, middle office, back office, risk, and product control.
• Experience working with in a 2nd/3rd line role in an Investment/Wholesale Banking Institution.
• A good understanding of the regulatory landscape and key requirements.
• The ability to lead and take ownership for delivery, and champion colleagues’ growth and development.
• The ability to deliver risk and control assurance activity that is timely, impactful, insightful and valued by stakeholders.
• The ability to understand and interpret Group and Business Unit Strategy and connect audit delivery and business monitoring insights to such strategies at the macro level.
• The ability to analyse, understand and communicate data as information, and to use data to drive effective audit outcomes.
• The ability to prioritise your work and that of others effectively to ensure timely and value‑added delivery.

And any experience of these would be really useful:

• An understanding of Debt Capital Markets (DCM) products, risks and controls.
• A Markets relevant professional qualification.
• An understanding of Trade, Electronic and Voice Surveillance Frameworks.
• Data Analytics (SQL, Python etc.).

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

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you!

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.