Model Risk - Audit Analyst

As an Audit Analyst, you'll join a team of experienced auditors where you'll support the delivery of our strategy and be a proactive team member. You will work within a leading audit function and gain exposure to a wide range of risk modelling, capital assessment and other analytical techniques across our banking and insurance businesses. You'll have a growth mindset and positively contribute to the overall effectiveness and efficiency of our Audit function. You'll 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.

• Delivers specified outcomes and/or provides support services within a designated area of audit control by working within established systems.
• Supports internal customers to ensure their needs are met and/or helps senior colleagues manage client relationships.
• Highlights shortcomings and suggests improvements in current compliance processes, systems and procedures within assigned unit and/or discipline.
• Delivers prescribed outcomes by working as directed within established data management systems and procedures.
• Conducts research using primary data sources and selects relevant information to enable analysis of key themes and trends.
• Develops personal capabilities using existing formal and informal training opportunities, while also coaching others as required., We're looking for team players - Who trust each other, act as one team to achieve the best outcomes and make a positive difference to the Group and its customers.
  
  We want colleagues who are bold and take action - Confidently innovate, share exceptional insights, deliver difficult messages and drive action that leaves a legacy of significantly improved governance, risk management and control.
• Knowledge of the generic elements of a model life cycle, and their associated risks, as well as an understanding of effective model risk management and governance;
• Knowledge of regulatory capital requirements in Insurance or Banking;
• Practical experience developing, using or monitoring models measuring Credit, Market or Actuarial Risks;
• The ability to deliver risk and control assurance activity that is timely, impactful, insightful and valued by stakeholders;
• Experience using statistical analysis and qualitative techniques to validate models;
• The ability to analyse, understand and communicate data as information, and to use data to drive effective audit outcomes.
  
  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., 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 bonus award, subject to Group performance
• 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
Want to do amazing work, that's interesting and makes a difference to millions of people? Join our journey. 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.