Auditor in Internal Audit

Bank of England; Greater London, Leeds; On-site; GBP 35,000 - 44,000; Full time

Benefits offered by this job

Non-contributory pension

Discretionary performance award

Benefits allowance

26 days annual leave

Private medical insurance

Job summary

The Bank of England invites applications for a Senior Auditor in Internal Audit, with opportunities in London or Leeds. The role involves planning and performing audits across Bank areas, under supervision, and driving improvements to controls and governance processes.

You will collaborate with senior management, manage multiple priorities, and contribute to the annual audit plan while maintaining independence and objective analysis.

Qualifications

• Ability to identify, recommend and propose practical, cost-effective control improvements.
• Strong attention to detail, ensuring that outputs are accurate and evidence based.
• Good communication skills, with the ability to express views and opinions in a clear and conscious manner and actively listen to others' opinions.
• Able to balance multiple priorities and deliver within pre-agreed timelines.
• Ability to build business relationships and work closely with senior management and external stakeholders.
• Demonstrable experience of working both independently and within a team, coping with multiple priorities and deadlines.
• Desirable Criteria: Working level experience of participating in audit, risk or compliance reviews.

Responsibilities

• Gain an understanding of individual parts of the Bank to identify the area's key risks and inform planning of specific audits.
• Investigate a wide variety of topics, from the effectiveness of controls through to behaviour and culture.
• Ensure completion of all audit work within allocated time and budgets.
• Articulate conclusions and formulating cost-effective recommendations.
• Voice independent opinions underpinned by objective analysis and clear reasoning.
• Write precise and readable audit reports that clearly convey key messages to senior stakeholders.
• Challenge management constructively to ensure appropriate action.
• Collaborate with business areas to ensure audit recommendations are addressed on time.
• Support the development of departmental standards and audit methodology.

Skills

Control improvements

Attention to detail

Communication skills

Prioritisation

Relationship management

Job description

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Employer Bank of England Location London, United Kingdom; Leeds, United Kingdom Salary GBP 35,360.00 - 39,780.00 per year;GBP 39,280.00 - 44,190.00 per year Closing date 24 Nov 2026

View more categories View less categories Sector Audit Contract Type Permanent Hours Full Time

JOB DESCRIPTION

Internal Audit

Internal Audit (IA) assists the Court of Directors and Executive Management in protecting the Bank's assets, reputation, and sustainability. It does this by independently and objectively evaluating the effectiveness of internal controls, risk management and governance processes. As part of this assurance, IA provides advice, insight and foresight and recommends cost-effective improvements, including efficiencies, which are agreed with management and tracked until implementation.

IA acts as the third line of defence within the Bank and currently has c 25 professional staff. The Directorate reports directly to the Audit and Risk Committee (ARCo) through the Audit Director and works closely with the Bank's external auditors, the Treasury as well as other European banks.

Each year, we present our audit plan to ARCo for the year ahead that sets out the audits we will complete in the year ahead. As well as completing the audits in the plan, we also engage in continuous monitoring, provide input to Bank-wide projects and complete unplanned work, usually at the request of ARCo. Based on our audit work, we make cost-effective recommendations to management that are designed to improve the Bank's control environment.

Job Description

The Internal Audit Directorate has a vacancy for a Senior Auditor. The ability and desire to drive positive change is central to the Bank's remit and you will be passionate about making a real difference to the Bank's controls and business processes. With some supervision from more senior staff, you will be required to: form relationships with management and staff across the Bank; develop a keen understanding of the business; and plan and perform audits in all areas of the Bank as required.

Role Accountabilities

• Gain an understanding of individual parts of the Bank to identify the area's key risks and inform the planning of specific audits.
• Investigate a wide variety of topics, from the effectiveness of controls through to behaviour and culture.
• Ensure completion of all audit work within allocated time and budgets.
• Articulate conclusions and formulating cost-effective recommendations.
• Voice independent opinions that are underpinned by objective analysis and clear reasoning.
• Write precise and readable audit reports that clearly convey key messages to senior stakeholders.
• Challenge management constructively to ensure they take appropriate action.
• Collaborate closely with the business areas to ensure audit recommendations are addressed and completed to the required standard on time.
• Support the development of departmental standards and audit methodology.

Role Requirements

Minimum Criteria

• Ability to identify, recommend and propose practical, cost-effective control improvements.
• Strong attention to detail, ensuring that outputs are accurate and evidence based.
• Good communication skills, with the ability to express views and opinions in a clear and conscious manner and actively listen to others' opinions.
• Able to balance multiple priorities and deliver within pre-agreed timelines.

Essential Criteria

• Ability to build business relationships and work closely with senior management and external stakeholders.
• Demonstrable experience of working both independently and within a team, coping with multiple priorities and deadlines.

Desirable Criteria

• Working level experience of participating in audit, risk or compliance reviews is desirable, but not essential.

enter short description here.

Our Approach to Inclusion

The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.

At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it's by drawing on different perspectives and experiences that we'll continue to make the best decisions for the public.

We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed.

From 1st October 2026, we expect all our colleagues to spend a minimum of 50% of their working time in the office per month. This is to capitalise on the benefits of working together in person across teams, while maintaining the flexibility offered by home working. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.

Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the 'Candidate Personal Information' under the 'Disability Confident Scheme' section of the application.

Salary and Benefits Information

We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate.

• Leeds circa £35,360 - £39,780
• London circa £39,280 - £44,190

In addition, we also offer a comprehensive benefits package as detailed below:

• Currently a non-contributory, career average pension giving you a guaranteed retirement benefit of 1/80th of your annual salary for every year worked. There is the option to increase your pension (to 1/65th) or decrease (to 1/105th) in exchange for salary through our flexible benefits programme each year. The Bank has the discretion to vary standard accrual rates and dial up and dial down rates at any time and to withdraw dial up and dial down options at any time.
• A discretionary performance award based on a current award pool.
• An 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
• 26 days' annual leave with option to buy up to 12 additional days through flexible benefits.
• Private medical insurance and income protection.

National Security Vetting Process

Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided to the successful applicant, and information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice.

The Bank of England welcomes applications from all candidates, but as a UK Visas and Immigration (UKVI) approved sponsor, we have a responsibility to comply with the Immigration Rules and guidance. As such, our ability to employ individuals who require sponsorship for immigration purposes is limited. The Bank cannot guarantee that you and / or the role you are applying for will be eligible for sponsorship and that any application made to UKVI will be successful. Eligibility will therefore be considered on a case by case basis.

ABOUT US

We are the UK's central bank - and we are a bank like no other; known by our peers for our world‑leading thinking on policy and strategy.

Our mission is to promote the good of the people of the UK by maintaining monetary and financial stability. We seek to keep prices stable and people's money safe. We know our work matters to people, to families, up and down the UK. We are driven by curiosity and the desire to do important, challenging work.

It takes a great team to run the Bank of England. We rely on each other to play our part. We benefit from a collaborative culture and long-established flexible ways of working, supporting our colleagues balance their work and personal lives. We strive to be a place where people feel they belong and have equal access to opportunities, because different perspectives helps us make the best decisions for the public.

There's much to gain from working with us - from career defining work at the heart of the UK economy, being part of a fantastic team, and a rewarding compensation package.

Join us and find a bank like no other. Together, we can make a difference.

The Bank of England will use and protect the information you provide when you apply for a role with us, in line with our obligations under data protection law. This is so we can assess your suitability for the role and administer your application. If you're successful we'll use it to offer you a position and onboard you to join the Bank.

If you would like more details about how your information will be used and your information rights, please visit our recruitment privacy notice

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