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Banking Internal Audit Jobs

Demand for banking internal auditors has stalled

Against expectations demand for internal auditors held up throughout 2008. That has changed and while internal audit is still a politically sensitive area demand has fallen and redundancies have risen. Senior members of audit staff appear to have been particularly badly hit at a time when the number of vacancies at this level have fallen disproportionately.

Often redundancy packages are offered which employees feel obliged to take as the threat of being made redundant shortly afterwards with a less generous offer is real. Vacancies are presently concentrated in a limited number of major banks.

There will always be potential options for strong candidates particularly if they are professionally qualified and have deep technical banking knowledge. Capital markets and investment banking knowledge are still in demand not only for investment banking audit roles but also because such people are considered to have very transferable skills for other banking areas.

The banking internal audit market is set to remain problematic for the rest of 2009. Whilst it is too soon to predict when more comprehensive demand will return, we are hopeful for the first quarter of 2010.

For up to date information on the current internal audit recruitment market, including latest salary information, visit Internal Audit Mid Year Market Report 2012.


Barclay Simpson is committed to equality of opportunity and promotes diversity. All applications for positions advertised on behalf of our clients will be accepted and reviewed solely on merit. To view our Equal Opportunities & Diversity Policy, please click here.

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Latest jobs

Internal Audit Manager, Data
  • Location London
  • Salary to £600 per day
  • Job type Contract/Temp
  • Sector Banking, Banking , Asset Management/Funds , Asset management/Funds , Insurance , Other Financial Services , Insurance , Other Financial Services , Professional Services
  • Description This financial services organisation has a need for a data specialist to work within their internal audit team. Ideally, you should be an experienced internal auditor who has previous
Internal Audit Contractor
  • Location London & South East
  • Salary to £600 per day
  • Job type Contract/Temp
  • Sector Banking, Asset management/Funds , Insurance , Other Financial Services , Professional Services
  • Description This well-known retail focused financial institution has an immediate requirement for a contractor to undertake internal audits relating to financial crime and fraud third party panel management
AVP Liquidity Reporting
  • Location London
  • Salary £50,000 - £75,000
  • Job type Permanent
  • Sector Banking
  • Description Tier 1 Investment Bank seeks an experienced Liquidity Reporting AVP. 50% reporting, 50% project-based work. Excellent career development prospects.
Treasury Officer
  • Location London
  • Salary £40,000 - £60,000
  • Job type Permanent
  • Sector Banking
  • Description Established UK retail bank based in the City of London seeks a quantitative Treasury Officer to join its well-regarded Treasury function.
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