SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn't perfectly align with the job description. Whilst we'll always strive to be better, we're proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who we are

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

We are looking for an Associate to join our Internal Audit Department (IAD) in London. Reporting to an Audit Partner (Director / Executive Director level), you will support delivery of high-quality, risk-based audits across all business areas and locations in EMEA. This team-oriented role plays a key part strengthening the Bank's control environment and promoting continuous improvement in governance and risk management.

Business Area

The Internal Audit Department Internal Audit Group (IADIA) evaluates the design and effectiveness of key controls, providing independent assurance on the Internal Control Environment and Management Control Approach and Actions. IADIA delivers approximately 80 audit reports and ad-hoc assignments annually across EMEA. Associates typically contribute to 6 to 8 audits per year.

Position Description

As an Associate, you will be a core member of IADIA, responsible for supporting the execution of audits that enhance the Bank's risk management, control and governance processes. You will assess internal controls, identify areas for improvement, and contribute to the overall effectiveness of the Internal Audit function.

Key Responsibilities

In this role you will be accountable and responsible for:

• Timely execution of audit engagements in accordance with the Audit Manual, regulatory requirements and professional standards. This includes drafting Audit Findings and addressing review points raised by the AIC and/or Audit Partner.
• Identify and assess key risks within the business processes and operations.
• Evaluate the effectiveness of internal controls and recommend improvements.
• Monitor compliance with relevant regulatory frameworks.
• Assist AIC with follow-up audit recommendations to ensure timely and effective remediation (when needed).

The Associate will also be expected to contribute to the IAD's initiatives and work collaboratively across EMEA.

Key Requirements

For you to succeed in the role, you will need to have:

• Educational & Certifications: Bachelor's degree and/or relevant professional qualification (such as CIA, ACCA, ACA). Good understanding of audit standards, financial regulations (eg. PRA, FCA) and control principles.
• Audit & Financial Services Experience: Some experience in internal audit, ideally within banking and capital markets essential. Demonstrated ability to assess risk, evaluate controls and audit complex financial processes.
• Communication & Stakeholder Management Skills: Effective verbal and written communication skills, including the ability to present audit findings clearly. Build and maintain professional relationships with external and internal stakeholders.
• Active listening and Questioning Skills: Listen attentively to internal and external stakeholders, understand their perspectives, and ask relevant questions to clarify information, identify issues, and obtain accurate and complete audit evidence.
• Teamwork and Collaboration: Work effectively with audit teams and stakeholders to meet deadlines, coordinate activities, resolve issues and ensure smooth audit delivery.

Competencies

Customer Focus

Driving Change

Driving Results

Embraces Diversity

Enterprise Leadership

Judgement and Decision Making

Risk Management

Strategic and Visionary

Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it's only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!

We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We'll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.

We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities.

About SMBC
A trusted partner for the long term
United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
Find out more about what we do and who we are at https://www.smbcgroup.com/emea/careers

Find out more