Contract type: Permanent
Hours: Full-time, 35 hours
Location: Head Office, Nottingham (Hybrid working, 2-3 days a week onsite in Nottingham)
Salary: £25-32k
Application process: Please apply via the application button which will direct you to our careers site. If you require any adjustments to assist you in applying for this role, please contact [email protected]
Nottingham Building Society is a customer-driven financial institution dedicated to providing exceptional service and building lasting relationships with our members. As part of our commitment to nurturing talent and fostering a dynamic workforce, we have a brand-new entry level opportunity to join our Internal Audit team as an Internal Audit Associate. We are in the process of reestablishing an in-house audit team which means you will have a great opportunity to collaborate on and help embed our new ways of working, and the value we can add to the Society on its ambitious and exciting strategy execution journey.
This role is perfect for someone looking to develop a career in Audit, whether you are Graduate, early in your Audit career or you have the transferable experience / knowledge to apply to this role – we want to hear from you! This is a development role where we will support you to develop the skills, knowledge and experience to set you up for a brilliant career in this field and we will support you every step of the way…
The Internal Audit Associate role will help provide independent assurance on the risk and control environment across the Society. You will support with audit planning and fieldwork activities which contribute to completion of the annual audit plan. You'll champion and embed best practice standards while driving continuous improvement and new ways of working at every opportunity for our Audit team. We welcome diverse perspectives and new thinking to help us build a stronger, more innovative, and modern Building Society.
Here’s a taste of what you’ll be doing as an Internal Audit Associate at Nottingham Building Society: –
- Internal Audit Support: You will assist in planning and execution of audits across the Society performing walkthrough testing of key internal processes to identify and test key internal controls.
- Data Analysis & Insight: Perform data analysis and review business insight to identify exceptions, discrepancies, or areas for further review. You will discuss findings with the business and prepare working papers to support audit findings including risk, impact, and root cause analysis.
- Reporting: This role will assist in the preparation of audit reports, including drafting observations and recommendations. You will support in sourcing and analysing data for Audit Committee submissions.
- Managing Risk: You will participate in risk assessments as part of audit planning and execution activities with a consideration of operational and regulation risks such as Consumer Duty.
- Communication & Stakeholder Relationships: You will Interact with stakeholders to obtain an understanding of relevant risks, controls, and processes. You will discuss/present any audit observations or findings to validate with internal stakeholders.
- Compliance and Best Practices: You will conduct audit activities in accordance auditing standards and regulatory requirements, and you will play a supporting role in a culture of continuous improvement, spotting opportunities for operational efficiencies.
- Continuous Development: You will develop knowledge of the building society / financial services sector and internal audit standards. You will undertake formal qualifications to develop professional knowledge and experience in Internal Audit.
About you: –
- A relevant qualification or transferable work experience coupled with passion and drive to build a career in Audit.
- Commitment to undertake a programme of study to obtain the Institute of Internal Auditors Level 4 apprenticeship “Internal Audit Practitioner”.
- Excellent interpersonal skills to communicate effectively with people across all business areas and levels.
- You will enjoy working in a dynamic environment with aptitude to learn quickly and adapt to changes.
- You will be collaborative and curious with strong ethical standards and integrity.
What we offer -
- A fair and competitive salary evaluated against market data, annual discretionary bonus scheme, Medicash healthcare scheme, 25 days annual leave plus bank holidays (increasing to 29 days from Jan 2025), holiday purchase scheme (buy up to 5 days) and enhanced family leave.
- Commitment and dedication to your ongoing personal and professional development. We help you to own and grow your potential so you can be at your best in your current role and to support your future career aspirations.
- Flexible and hybrid working to encourage a work life balance, we want you to be at your best inside and outside of work.
- A friendly and inclusive culture where teams genuinely strive to do the right thing by their colleagues and our customers.
- A strong sustainability agenda – we’re continually finding new ways to be kinder to the environment by reducing our carbon footprint.
- We’re passionate about giving back to the communities in which we serve as well as supporting local charities as part of the Samuel Fox Foundation. One of the many ways you can get involved is to use the 2 days per year paid leave to volunteer for causes or charities that are important to you.
- Your health and wellbeing is our priority, we encourage this through a suite of support resources, including a team of trained mental health first aiders.
Embracing Diversity Together-
We proudly embrace and celebrate diversity as a fundamental cornerstone of our values. We believe that a diverse and inclusive workplace is not just essential for our success but is also a reflection of the vibrant communities we serve. Our commitment to diversity extends beyond our internal culture to the way we approach advertising and engage with our customers.
Our commitment means actively working to eliminate barriers and biases that may hinder equal opportunities within our organisation. We strive to ensure that all individuals, regardless of background, have an equal chance to thrive and advance in their careers.
We acknowledge that diversity is not just a goal to be achieved but a continuous journey toward creating an environment that embraces differences and promotes equal opportunities for all. We are committed to fostering an inclusive culture that encourages collaboration, creativity, and a sense of belonging for every member of our community.