Graduate careers in Internal Audit

Internal Audit (‘Audit’) at NAB provides an independent perspective through periodic analysis and reviews of our key business activities, in order to deliver assurance and insight as to how well risk is being managed, to The Board and Senior Management. Audit plays a key role in helping us fulfil our commitments to our customers, while ensuring strong risk management, governance, and control processes across the organisation.

Through a risk-based and data-driven approach, Audit assesses key business operations and risks, delivering assurance, and providing expert recommendations and actions as part of any improvement opportunities identified. Through strong engagement with key business stakeholders, we support effective risk management, operational efficiency, regulatory compliance, and organisational resilience in a complex and evolving banking environment.

Audit is responsible for independent assurance across the bank, through business aligned audit teams:

• Business and Private Banking and Corporate and Institutional Banking
• Personal Banking, Operations, Financial Crime
• Technology and Data
• Enabling Units and Regulatory Assurance
• Program Assurance

Our graduate roles will be aligned to these teams and will have opportunities to rotate.

After commencing as a graduate, you’ll embark upon a professional qualification in a related field as part of the NAB Study Assistance program, supporting your business aligned audit team in building auditor capability. Our graduates will be guided by a structured support network (including peers, managers, and Audit leadership team) that provide training, career coaching and mentorship throughout the program.

After the first 18 months, graduates will transition into Analyst roles in Internal Audit, providing diverse opportunities to specialise and build a rewarding and long-term career as an Internal Auditor. Training and study towards chosen professional qualification will continue for up to a further 18 months, whereupon graduates will have achieved their full professional accreditation and be equipped to take on more advance responsibilities, with opportunities for further progression.

• 3 year (up to) structured training program.
• NAB as an Approved Training Employer (ATE), signing off professional work experience.
• Choice of professional qualification (including but not limited to ACA, CFA, CIA, CISA, FRM, ACAMS).
• Study assistance through funding and paid study leave.
• Audit team rotations, experiencing different business domains.
• Career coaching and mentoring from experienced risk professionals.

We want graduates with a sharp analytical mindset, strong attention to detail, and a desire for continuous learning. Communication skills are essential, as graduates, you will collaborate with stakeholders across the organisation to drive effective risk management. We are looking for individuals who are naturally inquisitive, strategically minded, and eager to develop a deeper understanding of banking.

Having a relevant degree/major is useful and may include, but is not limited to, the following:

• Audit and assurance
• Business and commerce
• Finance and accounting
• Data Science
• Legal and Compliance
• Information Technology and Cyber Security
• Mathematics and Statistics
• Economics

Through structured rotations over a three-year period, you’ll have the opportunity to work with a diverse and dynamic team of auditors, risk professionals and business stakeholders at various levels, across the entire organisation. You’ll gain hands-on experience in:

• Behave in line with NAB’s values and support delivery against the IA Strategy.
• Support delivery teams in the execution of audit delivery and documentation, including:
  • documentation of planning activities, controls and testing procedures for design effectiveness (DE) and operational effectiveness (OE) testing
  • execution of OE procedures with support from delivery team
  • execution of issue verification test procedures.
• Reviewing governance, risk management, and internal control frameworks to ensure compliance and operational efficiency.
• Supporting Audit workstreams and strategic initiatives, including advancement in Data Analytics, Artificial Intelligence and Continuous Assurance.
• Interacting with stakeholders at all levels to discuss audit outcomes, provide recommendations, and foster a culture of continuous improvement.
• Transforming complex audit data into clear, actionable insights that drive strategic decision-making and operational enhancement.
• Where applicable, providing technical and/or Subject Matter Expertise support in audit delivery.