Internal Audit School Leaver Apprenticeship - Edinburgh

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Please note, this site is only for external candidate applications. If you currently work for Lloyds Banking Group please apply via the internal career site. Please note: In order to complete an apprenticeship there needs...

Please note, this site is only for external candidate applications. If you currently work for Lloyds Banking Group please apply via the internal career site.

Please note: In order to complete an apprenticeship there needs to be a significant learning need. You need to consider your previous qualifications or significant relevant work experience which may mean you cannot proceed with this application.

End Date

Sunday 25 February 2024

Salary Range

£29,431 - £40,286

We support agile working – click here for more information on agile working options.

Agile Working Options

Hybrid Working

Job Description Summary

Here at Lloyds Banking Group, we are passionate about delivering a high-quality apprenticeship experience to support everyone to realise their full potential.

It’s a chance to learn skills, gain qualifications and earn a salary, all while playing an important role in making finance a force for good.

This particular vacancy is open to those who have recently left school.

Job Description

As an internal audit apprentice, you’ll rotate through placements during your apprenticeship where everything you’ll learn will be relevant and readily applicable in your day-to-day role. Our central role offers a unique perspective on how Lloyds Banking Group functions.

We’ll support your study to Chartered Internal Auditor with the Chartered Institute of Internal Auditors. Over a 4.5-year period, you’ll complete the level 4 Internal Audit Practitioner apprenticeship, before moving onto the level 7 Internal Audit Professional apprenticeship, (equivalent to a SCQF 11 qualification in Scotland). 

Once you’ve completed the apprenticeship you’ll not only have your Chartered Internal Auditor status but will also have your Masters in Internal Audit Management & Consultancy.

Your placements will be in different teams: 

  • Teams that work with the business: these teams look at how the bank works for our customers. You’ll get to explore diverse areas such as retail banking, insurance and commercial banking 

  • Teams that focus on risk: these teams look at the engine room of the organisation; the specialist areas that allow bank operations to work as fluidly as possible. You could find yourself anywhere from people to data or finance to cyber security. 

To broaden your skills and learn how other business areas work across the organisation, you’ll also complete a placement outside Internal Audit in a different part of Lloyds Banking Group. 

Our recruitment process has 3 steps – our online application, online assessments and an assessment day. You will be given full details of the process throughout your recruitment journey.

Key dates for your diary:

  • Assessment day: March / April 2024

  • Start: end of September 2024

Starting Salary: £29,431


We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.


Our main requirement is that you to have a passion for the role you’re applying for! Aside from this we have a few formal requirements:


  • National 5 qualifications in English and Maths at grades 1 – 3 or equivalent. If you do not hold the required National 5 grades, you’ll need to complete Maths and English qualifications alongside your apprenticeship


  • 112 UCAS points (or equivalent).


  • You should live a commutable distance from the location in this advert. Our work style is hybrid and you should expect to be in the office at least 2 days per week.

Additional Requirements:

  • You’ll be aged at least 18 years old when the apprenticeship starts.

FOR INFORMATION: due to Home Office requirements regarding Skilled Workers, we’re unable to accept applications for visa sponsorship for our apprenticeship roles as the proposed salary for the role does not meet the minimum threshold – if this situation applies to you, please consider looking for other vacancies which may be more suitable.


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 performance-related bonus

  • Share schemes including free shares

  • Benefits you can adapt to your lifestyle, such as discounted shopping

  • 22 days annual holiday entitlement

  • A range of wellbeing initiatives and generous parental leave policies

Our roles generate a lot of interest and occasionally we need close for applications earlier than originally advertised. So, if you think working with us could be right for you, please apply now and see where an apprenticeship with us can take you!  

If you have any queries regarding the recruitment process, please email and a member of our team will be happy to help and will reply within 3 working days (Monday – Friday).

We understand you will be keen to have your question answered asap, but please be aware that other LBG recruitment mailboxes cannot answer questions related to apprenticeship recruitment.

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'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.

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