Internal Audit Analyst

Bank of London is one of only six UK clearing banks with direct access to the country's payment systems. Built on modern, cloud-native technology, we provide businesses with secure, API-driven banking that's fast, compliant, and built for growth. Our role is simple: help ambitious businesses turn their plans into reality by removing barriers and simplifying complexity. If you want to work where technology meets banking, where security comes first, and where your work directly enables business ambition, you're in the right place.

As an Internal Audit Analyst - ProfessionalPractices, QAIP & Reporting, you will support the Chief Audit Officer in the delivery of high-impact, tech-enabled Internal Audit operations. You will play a key role in our audit practices, quality assurance program, and internal/external reporting—while bringing fresh energy and data-savvy curiosity to help shape the future of Internal Audit.
We are looking for a motivated and curious early-career professional who combines a passion for technology with a keen interest in Internal Audit. You will work directly with the Chief Audit Officer on a wide range of departmental activities spanning professional practices, quality assurance, reporting, and innovation projects. This is a unique opportunity to work side-by-side with a senior leader, gaining hands-on exposure to the inner workings of a modern Internal Audit function and contributing to its digital transformation.

The ideal candidate will be enthusiastic, organised, and eager to learn — with a strong foundation in data science, technology, or analytics, and a genuine interest in using these skills to modernise audit operations. You will need to bring initiative, integrity ,and a collaborative mindset, and be comfortable handling both technical and administrative tasks with equal dedication.

This is a full-time, in-office role based in London, where you will become an integral part of a dynamic and forward-looking Internal Audit team.

Key responsibilities:

Professional Practices & Methodology

  • Assist in maintaining and updating Internal Audit methodology, tools, templates, and documentation.
  • Help with audit planning and documentation support for the strategic development of the function.
  • Support initiatives to streamline and digitise Internal Audit processes and ways of working.

Quality Assurance and Improvement Program (QAIP)

  • Support the execution of Internal Audit’s QAIP, including scheduling, documentation, and follow-up of QA reviews.
  • Maintain accurate tracking of QA actions and assist with root cause analysis and improvement monitoring.
  • Contribute to identifying themes and insights that help improve the performance and consistency of the audit team.

Reporting, Dashboards & Communication

  • Assist in maintaining and updating Internal Audit methodology, tools, templates, and documentation
  • Use data visualisation tools (e.g. Power BI, Tableau) to present insights and progress tracking.
  • Help manage audit reporting timelines and content quality for internal and external communications.

Technology & Innovation

  • Support the deployment and onboarding of an Internal Audit Management System.
  • Bring curiosity and technical problem-solving to innovate around data analytics, automation, and AI within the audit process.
  • Identify ways to use new technologies to streamline recurring audit activities or improve insights.

Departmental Operations & Project Support

  • Act as a project assistant to the Chief Audit Officer for department-wide initiatives and ad hoc assignments.
  • Contribute to improving the organisation and governance of audit files, templates, and shared resources.
  • Provide support in maintaining the audit knowledge base and shared drive structure.

Essential:

  • A degree or equivalent qualification in Data Science, AI,  Information Systems, Audit, Risk, or a related discipline.
  • Strong interest in Internal Audit and a desire to learn and grow in a Financial Services environment.
  • Technical proficiency with tools such as Excel, SQL, Python, or data visualisation platforms (e.g. Power BI).
  • Good written and verbal communication skills.
  • Excellent organisation and time management skills.
  • Integrity, professionalism, and the ability to handle sensitive information.
  • Strong motivation and willingness to take initiative and contribute across a range of tasks.

Desirable:

  • Internship or entry-level experience in Internal Audit, Compliance, Data Analytics, or Financial Services.
  • Familiarity with IIA standards or the internal audit process.
  • Exposure to Agile or Lean ways of working.
  • Previous involvement in deploying systems or tech tools (especially in audit, risk, or finance environments).

Diversity

Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, disability, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.  

‍

Apply now