Markets & AI Modelling Tech and Tooling Assistant Manager - Model Risk Office in London

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Flexible Working Options: Hybrid Working, Job Share

Job Description Summary:

An excellent opportunity for a highly motivated candidate to join the Markets & AI Modelling team within the Model Risk Office at Lloyds Banking Group. This role offers an exciting opportunity to be part of a dynamic and constantly evolving AI team, providing considerable scope for personal and professional development. The Model Risk Office will act as the front door for the business to advance their AI ambitions, requiring excellent collaboration with our CCOR teams (e.g., Data Risks, Cyber and Security, Supplier Management, Conduct).

Our Purpose: Better Models, Better Decisions, Better Outcomes.

Some of the activities you'll be involved in:

• Collaborating to develop tools for validation, testing, explainability, and monitoring.
• Supporting validation activities by developing prototype pipelines and frameworks for testing AI/GenAI models.
• Building and maintaining reusable code libraries to automate model documentation, validation, and risk assessments.
• Driving technical innovation and continuous improvement of the validation tooling environment.
• Developing benchmark testing templates and reporting dashboards to streamline assurance across use cases.
• Monitoring emerging technologies (e.g., LLMOps, RAG pipelines, agent toolkits) to future-proof the validation and tooling landscape.
• Supporting knowledge sharing, collaboration, and tooling governance across stakeholders.

Why join us?

Join us and, give us your best and we’ll give you ours. Here, you’ll make a difference to customers, you’ll enjoy a fulfilling career where you’re free to be yourself. Great colleagues, amazing workspaces, hybrid working and huge career opportunities—you’ll find them all here.

What we’re looking for:

• Professional experience working in AI Model Development / Validation, or a similar quantitative role within financial services or other regulated industries; or a recent relevant PhD.
• A numerate degree such as Data Science, Statistics, Mathematics, Computer Science or Physics, or equivalent experience.
• Strong analytical and problem-solving skills with the ability to critically evaluate complex AI systems and models.
• Excellent written and verbal communication skills, with an ability to communicate complex quantitative concepts clearly to non-technical stakeholders.
• To work proactively and independently, manage time effectively, and deliver high-quality outputs within tight timelines.

And any experience of these would be a plus:

• Proficiency in Python programming and experience using AI-specific frameworks or libraries such as PyTorch, TensorFlow, LangChain, Ollama, LlamaIndex, or similar tools; proficiency in SQL.
• Hands-on experience or strong theoretical knowledge of GenAI techniques and methodologies.
• Familiarity with cloud AI platforms such as GCP Vertex AI and BigQuery, Azure AI, or similar enterprise-level AI deployment environments.
• Experience or understanding of frontend development for internal tools or dashboards, with knowledge of TypeScript/JavaScript and modern UI frameworks such as React; familiarity with basic UI/UX principles is desirable, along with an understanding of how AI tooling is consumed by end users.
• Experience or understanding of backend and API development, including designing and consuming RESTful endpoints, integrating services, and supporting end‐to‐end workflows for AI or data-driven applications.
• Experience or knowledge of regulatory requirements and frameworks relevant to AI, such as the EU AI Act, GDPR, SS1/23, and industry best practices in AI ethics and governance.

This is a place for you:

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 28 days’ holiday