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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.


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Latest jobs

RCSA Specialist
  • Location New York
  • Salary Up to $180,000 Base + Bonus
  • Job type Permanent
  • Sector Banking
  • Description Barclay Simpson are representing the impressive Operational Risk Managing Director of a prestigious global Commercial Bank who is seeking to recruit an Operational Risk Specialist at either AVP or VP
IT Audit Manager
  • Location New York, NY
  • Salary $120,000 - $145,000 USD
  • Job type Permanent
  • Sector Banking
  • Description We are working with an exciting US FinTech business to find an IT Audit Manager to join their growing internal audit function in New York. This is a newly created position in response to the growth of
Compliance Assurance Director
  • Location New York, NY
  • Salary $230,000 - $260,000 USD
  • Job type Permanent
  • Sector Banking , Banking
  • Description Our client is a major global investment bank seeking to hire a Compliance Assurance Director to sit in their 2nd line compliance function in New York. This is a strategic leadership covering
Senior Manager, Compliance Testing
  • Location Tampa, FL
  • Salary $130,000 - $180,000 USD
  • Job type Permanent
  • Sector Banking , Banking
  • Description We are working with a fantastic global investment bank to find a Senior Manager, Compliance Testing to join their growing function in the Tampa Bay area of Florida
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