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Apprentice - Internal Audit STATE BANK OF INDIA

Internal Audit is responsible to co-ordinate with co-sourced internal audit firm and assist with timely execution of onsite and offsite concurrent audits; preparation of audit reports, monitoring, follow up and reporting of outstanding recommendations as well as other audit matters and projects as assigned by the Head of Internal Audit.

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Closing date: 29 Aug 2022

Apprenticeship summary

  • Annual wage

    £15,100.00

  • Working week

    Monday - Friday, 09:00 - 17:00. Details to be confirmed. Shifts to be confirmed.

    Total hours per week: 37.5

  • Expected duration

    24 Months

  • Possible start date

    01 Sep 2022

  • Date posted

    19 Jul 2022

  • Apprenticeship level

    Advanced
    Level 3 (A level)

  • Reference number

    VAC1000067565

  • Positions

    1 available

What will the apprentice be doing?

Job Responsibility to Include:

  • To coordinate coverage with the co-sourced and external auditors
  • Assist in conducting onsite and offsite audits of UK branches, departments as well as outsourced service providers.
  • Assist the internal audit department with Month End tasks, reporting activities.
  • Communicate draft findings and recommendations to department/branch heads.
  • Assist in preparing draft audit reports including observations and recommendations.
  • Monitor, follow up and report outstanding recommendations.
  • Participate in the ongoing assessment of control environment.
  • Determine compliance with policies and procedures.
  • To maintain personal and professional development to meet changing demands of the job: participate in appropriate training activities.
  • To undertake such other duties as may be assigned by Head of Internal Audit from time to time.

 

What training will the apprentice take and what qualification will the apprentice get at the end?

Data Technician Level 3

English & Maths
Apprentices without level 2 English and maths will need to achieve this level prior to taking the End-Point Assessment. For those with an education, health and care plan or a legacy statement, the apprenticeship’s English and maths minimum requirement is Entry Level 3. A British Sign Language (BSL) qualification is an alternative to the English qualification for those whose primary language is BSL.
Additional details
Occupational Level:
3

Duration (months):
24

What is the expected career progression after this apprenticeship?

There are many development opportunities within the Bank, all employees are eligible to apply for other roles within the Bank (any department) after 1 year of employment in their current role.

Requirements and prospects

Desired skills and personal qualities

Communication skills, IT skills, Attention to detail, Organisation skills, Problem solving skills, Administrative skills, Analytical skills

Qualifications

GCSE or equivalent Maths and English (Grade Grade A-C/8-4) Essential

About the employer

With a legacy of over 200 years, State Bank of India (SBI), the parent Bank of SBI UK Ltd., traces its ancestry to the Bank of Calcutta founded in 1806. Today SBI is an Indian multinational, public sector banking and financial services statutory body, fostering India’s US$2.6 trillion economy and serving the hopes of its vast population. The bank is a member of the Fortune 500 and the largest commercial bank in India alone in terms of assets, deposits, branches, customers and employees. The Government of India is the largest shareholder of the bank, holding a 57.13% stake. It has over 430 million customers worldwide, with 208 offices in 32 countries. It also has over 22,000 State Bank Group branches and over 58,000 ATMs. In the UK, SBI has been active since 1921, and has grown to become the largest Indian bank in the UK. Whilst SBI’s operations in the UK began in wholesale banking, it has now expanded to include a subsidiarised, ring-fenced retail offering as well.

Employer

STATE BANK OF INDIA

Address

15-17 King Street

London

EC2V 8EA

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Training

Training provider

BABINGTON BUSINESS COLLEGE LIMITED

Contact

Jamie Dobson

Jamie.Dobson@babington.co.uk

Apprenticeship standard

Data technician

Level 3 (A level)

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