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Apprentice Audit Analyst Review

at Lloyds Banking Group

Degree Apprenticeship

Audit

London

Review Submitted: March 2026

Overall Rating

5 /5

The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!

5/5 - Overview of Role
5/5 - Skills Development
5/5 - Structure and Support

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis:
5/5
As an Internal Audit apprentice at Lloyds Banking Group, I sit at the centre of how the organisation stays secure, well‑governed and resilient. From early on, I am involved in real audit activity, contributing to live audits within my first three months. Day‑to‑day, I help assess risk management, governance and the effectiveness of controls across areas such as Retail, Commercial Banking, Insurance & Wealth, Technology and Group‑wide operations. This involves analysing control environments, participating in walkthroughs, carrying out testing, identifying emerging risks and contributing to recommendations that help keep 28 million customers and the wider Group safe. My work helps ensure the organisation remains fair, transparent and future‑ready
Alongside my audit responsibilities, I study towards the Level 4 Internal Audit Practitioner qualification, supported by Kaplan and workshops from the Institute of Internal Auditors. As I progress, I rotate across different audit teams, gaining a broad understanding of how risk and control operate across the Group. I also have access to the Audit Data Science unit, where I get hands‑on exposure to AI‑enabled tools and learn how technology is shaping the future of audit. This blend of practical audit work, structured learning and technical development means every day builds both my capability and professional confidence.
To what extent do you enjoy your programme?
5/5
I genuinely enjoy the programme because I am treated as a valued member of the audit team rather than an observer. I am trusted to contribute to meaningful work that protects the Group’s reputation and customers, which makes the experience purposeful and motivating. I receive strong support from colleagues, a structured development pathway and covered training costs, all of which help me focus on learning and delivering quality work. The rotational structure and business placement keep the role varied and engaging, allowing me to build a broad skill‑set and see how different parts of the Group operate.
I also enjoy knowing that the programme is setting me up for long‑term success. I am working towards recognised professional qualifications, gaining exposure to innovative tools and building transferable skills that extend far beyond Internal Audit. The sense of contributing to Lloyds Banking Group’s ambition to remain fair, trusted and future‑focused adds meaning to my day‑to‑day work. By the end of the programme, I know I will not only enjoy the journey but also feel proud of the impact I have made and the foundation I have built for my future career.

Skills Development

Have you learnt any new skills or developed existing skills?
5/5
Throughout my Internal Audit apprenticeship, I have developed a wide range of new technical, professional and behavioural skills, while also strengthening the capabilities I already had. My formal learning has significantly expanded my technical knowledge: I’ve built a deeper understanding of internal audit methodology, governance, risk management and regulatory frameworks through workshops, professional study and structured rotations. The programme has required me to engage with technical content such as internal policies, external regulations and broader organisational risk topics, which has noticeably increased my confidence in applying audit standards and delivering assurance.
Alongside this, I have developed core audit skills such as communication, collaboration, planning, walkthrough execution and control testing. These skills have been strengthened through day‑to‑day audit delivery, stakeholder engagement and exposure to multiple audit teams during my rotations. My work on controls, walkthroughs and evidence gathering has sharpened my analytical thinking and improved my ability to articulate risk and control gaps clearly and professionally. In addition, the apprenticeship has enhanced my soft skills — including my ability to add value, demonstrate professional scepticism and build relationships — all of which I evidence through my Continuing Professional Education (CPE) journal and real audit examples.
Finally, the apprenticeship has broadened my exposure to business areas, technology and data‑driven auditing through rotations across business, risk and strategic audit teams. These placements have helped me build adaptability, deepen my business understanding and expand the range of environments I can audit confidently.

Structure and Support

How well organised/structured is your programme?
5/5
I find that my apprenticeship programme is very well organised and highly structured, with a clear pathway that sets out what I need to achieve at each stage. The programme is intentionally designed as a five‑year journey that progresses from Level 4 to Level 7, supported by rotations, formal learning, and consistent guidance. The structure is evident in the planned sequence of rotations across business‑aligned, risk‑aligned and specialist audit teams, giving me a broad view of the function before completing a six‑month business placement. This rotational model is scheduled and coordinated centrally, with placements typically changing every January and July, which reinforces the programme’s strong planning and organisation.
The qualifications pathway is also clearly mapped out, with Level 4 centred around structured workshops, exams and the Internal Audit Practitioner assessment, while Level 7 follows a defined academic timetable aligned to the CIA and CMIIA syllabi. This alignment with professional standards and end‑point assessment requirements shows how carefully the programme has been built to meet both regulatory and developmental expectations. The course modules, gateway requirements and study timetable are documented in detail and repeated across learning platforms, which helps me stay on track and know what is coming next.
The guidance documents provided to managers set clear expectations on how apprentices should be supported, how rotations should be hosted, and how progress should be monitored, which contributes to a structured and predictable experience for me as an apprentice.
The combination of structured learning, scheduled rotations, formalised assessment pathways and defined support mechanisms makes the apprenticeship feel well organised and effective in helping me develop into a professional internal auditor.
How much support do you receive from your employer?
5/5
I receive a strong level of support from my employer throughout the apprenticeship. The programme is clearly designed to give apprentices the structure, guidance and professional backing needed to succeed. Internal Audit actively promotes and champions apprenticeships, and the function provides the mandatory qualifications, delivers the Ofqual‑regulated End Point Assessments, and partners closely with Kaplan to run the academic elements. This shows that the support is embedded into the programme at every level, from training delivery to professional standards and ongoing development.
I also benefit from direct support from experienced colleagues, including qualified internal auditors who help guide my development, model professional standards and ensure I understand audit methodology in practice. The programme includes defined roles for line managers, who are responsible for setting learning objectives, supervising my work, providing feedback and helping me integrate into each rotation. The HR team also supports apprentices by coordinating rotations, acting as a point of contact, and ensuring that learning requirements are met consistently across the programme. This collective approach creates a strong support network around me.
Overall, I feel well‑supported both professionally and academically. The combination of structured learning, rotational guidance, mentoring, line‑manager involvement and organisational investment means I have the resources, coaching and encouragement I need to succeed in my apprenticeship and future internal audit career.
How much support do you receive from your training provider when working towards your qualifications?
5/5
I receive a high level of structured and consistent support from my training provider, Kaplan. Throughout the apprenticeship, Kaplan plays a central role in delivering the academic elements of my qualifications, including workshops, online learning, lectures and assessment preparation. Their involvement ensures that I have clear guidance on what I need to learn, how the qualification is structured, and what is required to progress through each stage. The support is comprehensive, covering technical teaching, exam preparation and development of the knowledge, skills and behaviours needed to meet the apprenticeship standards.
Kaplan also provides dedicated coaching, helping me and my line manager understand what is expected and offering additional guidance whenever needed. This includes scheduled lectures, study resources, feedback channels and structured preparation for key milestones such as the End Point Assessment. The partnership between Lloyds Banking Group and Kaplan is well established, and the programme is designed so that the training provider supports me throughout my journey, ensuring I can balance work and study effectively.
Their ongoing communication and involvement—such as supporting launch events, attending Q&A sessions, and offering practical advice for new apprentices—reinforces that I’m never working towards my qualification alone. I feel well supported academically, professionally and personally, which helps me stay on track and confident in completing both the Level 4 and Level 7 elements of my apprenticeship.
How well do you feel that your qualification (through your training provider) helps you to perform better in your role?
5/5
I feel that my qualification significantly enhances my ability to perform effectively in my role as an Internal Audit apprentice. The structured technical learning—covering areas such as corporate governance, risk management, internal audit planning, assurance delivery and professional standards—directly strengthens the quality of the audit work I carry out day‑to‑day. The formal modules, workshops and exams help me build a deeper understanding of the internal and external environment, enabling me to approach walkthroughs, control testing and risk assessment with much greater confidence and clarity. These elements are deliberately aligned to the skills, knowledge and behaviours required to be competent in the profession, which means the qualification continually supports and improves my on‑the‑job performance.
The qualification also develops my broader audit capability beyond technical content. It helps me improve essential skills such as communication, collaboration and professional scepticism, all of which are critical to engaging stakeholders and delivering high‑quality audit work. The training provider’s curriculum and the IIA‑aligned programme ensure that everything I learn is directly relevant to audit delivery, which makes me more effective and more assured in the work I produce.
Overall, the qualification gives me a strong foundation of theory, professional standards and practical skills that translate directly into better performance in my role. It equips me to approach complex areas with structured thinking, enhances the quality of my assurance work and helps me build the capabilities expected of a future chartered internal auditor.
Are there extra-curricular activities to get involved in at your work? (For example, any social activities, sports teams, or even professional networking events.)
5/5
Yes — there are plenty of extra‑curricular, social and professional networking activities available across Lloyds Banking Group, especially for apprentices and next‑generation talent. Within Internal Audit, there is a strong Apprenticeship Community and several specialist forums and networks that apprentices can join.
LBG also supports wider early‑careers networking through the Aspire London Hub, which is designed specifically for Apprentices and Graduates. Aspire hosts social events, networking opportunities, development days, and informal meet‑ups, making it easier to form friendships and build confidence across the next‑gen talent community.
Overall, there are numerous ways for me to get involved beyond my day‑to‑day work — whether I want to build my network, join professional communities, attend development sessions, or take part in social and sporting activities.

Recommendations & Advice

Would you recommend Lloyds Banking Group to a friend?
Yes
Why?
I would recommend Lloyds Banking Group as a place to work because it offers a genuinely supportive, inclusive and growth‑focused environment where colleagues are encouraged to develop and progress. The Group invests heavily in apprenticeships, providing structured pathways, industry‑recognised qualifications and a clear commitment to developing talent that represents the society we serve. This is reflected in the high retention and promotion rates within the apprenticeship community, as well as the Group’s wider focus on helping Britain prosper.
The culture is another major reason I would recommend LBG. Our values are embedded into day‑to‑day decision‑making and shape a workplace that is purpose‑driven, collaborative and people‑centred. The Group’s values framework intentionally guides behaviour, supports good judgement and fosters a culture where colleagues feel empowered to contribute and grow.
Finally, LBG is a workplace where development is taken seriously. Apprentices and colleagues receive dedicated support, structured feedback, and access to training and coaching that helps them progress their careers. Many apprentices share positive reflections on their experience, describing it as transformational for both confidence and capability—which reflects the Group’s long‑standing investment in early careers and skills growth.
Overall, LBG is a place where you can grow, feel supported, make meaningful impact, and be part of a community that genuinely cares about its people and its purpose.
What tips or advice would you give to others applying to Lloyds Banking Group?
My main advice to anyone applying to Lloyds Banking Group is to take the time to really understand the opportunities available and to think about how your interests align with the roles on offer. LBG provides a wide variety of apprenticeships and early‑career pathways, so researching the different programmes through the Apprenticeship Hub and familiarising yourself with the skills and behaviours each role requires can help you tailor your application effectively. The Group encourages applicants to reflect on their learning needs, motivation and how their day‑to‑day role (or intended role) will allow them to develop the knowledge, skills and behaviours needed to succeed.
I would also recommend highlighting your enthusiasm for development. LBG invests heavily in growing talent, offering structured programmes, professional qualifications and long‑term career support. Apprentices and colleagues often speak positively about earning while learning, gaining real responsibility from day one and accessing a community of peers and mentors across the organisation. Leaning into this culture of growth and demonstrating a willingness to learn will strengthen any application.
It’s also useful to be prepared for a range of paths. LBG offers apprenticeships across several job families—from financial services to professional services to technology—and the application materials stress that candidates should be open‑minded, curious and ready to explore new areas. Show how your interests, skills or experiences position you to contribute to the Group’s purpose and values, including its strong focus on Helping Britain Prosper.
Finally, make use of the insights shared by LBG’s Early Careers and Youth Engagement teams. They encourage applicants to attend introductory sessions, ask questions, learn about the culture and reflect on what makes a company the right fit. Hearing from current apprentices and graduates can provide helpful guidance on what stands out in an application and what they “wish they’d known” before applying.
In This Review
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