Internal Audit | 2014 - 2015 Salary Guide

Andrew Kitchen 21.10.2014

View our most up-to-date Internal Audit Salary Guide.

Audit

Permanent

The Internal Audit market remained buoyant throughout H1 2014, with hiring taking place at both lower and senior levels. However, the candidate pool of experienced auditors remained stretched, placing upward pressure on professionals’ salary demands. As we move further into 2014, salary demands continue to increase as banks have to compete with counteroffers and buybacks from current employers. Banks are placing emphasis on SME and IT Audit departments and are willing to stretch salary bandings for such roles as it continues to prove difficult sourcing high calibre candidates who possess technical experience and audit controls knowledge.

 

ANNUAL SALARY

Role: Analyst
0-2 years
AVP
2-5 years
VP
5-7 years
Director
7-10 years
Managing Director
10+ years
Investment Banking £50k - £60k £60k - £80k £80k - £110k £110k - £140k £140k+
Retail / Commercial Banking £45k - £55k £50k - £70k £70k - £100k £100k - £120k £120k+
SME Banking £45k - £50k £50k - £80k £80k - £110k £110k - £140k £140k+
IT Audit £45k - £55k £55k - £80k £80k - £100k £100k - £120k £120k+
Andrew Kitchen's picture
Manager | Internal Audit
akitchen@morganmckinley.co.uk