Markets & AI Modelling - Independent Validation Manager (Model Risk Office) in Edinburgh

Markets & AI Modelling - Independent Validation Manager (Model Risk Office) in Edinburgh

Edinburgh Full-Time 84051 - 93390 € / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join a dynamic AI team to validate and improve innovative models.
  • Company: Lloyds Banking Group, committed to diversity and inclusion.
  • Benefits: Generous pension, performance bonuses, 30 days holiday, and flexible working options.
  • Other info: Supportive environment with excellent growth opportunities and workplace adjustments.
  • Why this job: Make a real impact in the evolving AI landscape while developing your career.
  • Qualifications: 3+ years in model development/validation, proficiency in Python, strong analytical skills.

The predicted salary is between 84051 - 93390 € per year.

Salary Range: £84,051 - £93,390

We support flexible working – click here for more information on flexible working options.

Flexible Working Options: Hybrid Working, Job Share

Job Description Summary:

This role offers an exciting opportunity to be part of a dynamic and evolving AI team, providing considerable scope for personal and professional development. Our Purpose: Better Models, Better Decisions, Better Outcomes.

Some of the activities you'll be involved in:

  • Join a dedicated team that independently reviews, analyses, and validates AI/GenAI models.
  • Lead independent validation and periodic reviews of GenAI and Agentic models.
  • Engage with a diverse array of use cases, improving your technical expertise across the LBG modelling landscape.
  • Deliver through others by managing and coaching more junior team members.
  • Leading model assessment through documentation review, quantitative analysis and development of benchmark models.
  • Raise validation challenges/findings with model owners and provide clear, concise, and actionable reporting on validation outcomes.
  • Applying judgement in reviewing and supporting Risk Classifications.
  • Owning the stakeholder relationships for a portfolio of models.
  • Contribute to the improvement of validation frameworks and processes related to AI models.
  • Track emerging trends in AI technologies, regulatory requirements, and industry standards.

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.

What we’re looking for:

  • 3+ years professional experience working in Model Development or Validation.
  • Ability to lead small scale projects including coaching or supporting other team members.
  • Proficiency in Python for model analysis.
  • Strong analytical and problem-solving skills, excellent written and verbal communication skills.
  • A numerate degree or equivalent experience.
  • Experience using AI-specific frameworks or libraries such as PyTorch, TensorFlow, LangChain, LlamaIndex, or similar tools; proficiency in SQL.
  • Familiarity with cloud AI platforms such as GCP Vertex AI and BigQuery, Azure AI, or similar enterprise-level AI deployment environments.
  • Experience or knowledge of regulatory requirements and frameworks relevant to AI.

We know that great talent comes from many backgrounds. We recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

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.

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
  • 30 days’ holiday, with bank holidays on top
  • A range of wellbeing initiatives and generous parental leave policies

Ready for a career where you’ll learn and thrive? Apply today and find out more.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve.

Markets & AI Modelling - Independent Validation Manager (Model Risk Office) in Edinburgh employer: Lloyds Bank

Lloyds Banking Group is an exceptional employer that prioritises employee well-being and professional growth, offering a hybrid working model that promotes flexibility and work-life balance. With a strong commitment to diversity, equity, and inclusion, employees can thrive in a supportive environment while enjoying a comprehensive benefits package, including generous pension contributions and ample holiday leave. Join a dynamic team at the forefront of AI modelling, where your contributions will directly impact the future of financial services.

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Contact Detail:

Lloyds Bank Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Markets & AI Modelling - Independent Validation Manager (Model Risk Office) in Edinburgh

Tip Number 1

Network like a pro! Reach out to folks in the industry, especially those already working at Lloyds Banking Group. A friendly chat can give you insights and maybe even a referral!

Tip Number 2

Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss AI modelling and validation techniques, as well as your experience with Python and any relevant frameworks.

Tip Number 3

Showcase your problem-solving skills during interviews. Be ready to tackle hypothetical scenarios related to model risk and validation, demonstrating how you'd approach challenges in the role.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team!

We think you need these skills to ace Markets & AI Modelling - Independent Validation Manager (Model Risk Office) in Edinburgh

Model Development
Model Validation
AI/GenAI Model Assessment
Python
Analytical Skills
Problem-Solving Skills
Communication Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the role. Highlight your experience with model validation and AI technologies, as this will show us you’re a great fit for the Markets & AI Modelling team.

Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past work that showcase your analytical abilities and experience with GenAI models. We love seeing how you’ve tackled challenges in your previous roles.

Be Clear and Concise:When writing your application, keep it straightforward. We appreciate clarity, so make sure your points are easy to understand. Avoid jargon unless it’s relevant to the role, and focus on what makes you stand out.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Lloyds Bank

Know Your Models Inside Out

Make sure you have a solid understanding of the AI and GenAI models you'll be working with. Brush up on their strengths, weaknesses, and how they align with regulatory requirements. This will help you answer questions confidently and demonstrate your expertise.

Showcase Your Leadership Skills

Since this role involves managing and coaching junior team members, be prepared to discuss your leadership experiences. Share specific examples of how you've led projects or supported colleagues in the past, highlighting your ability to manage competing priorities effectively.

Prepare for Technical Questions

Expect technical questions related to Python, model validation, and AI frameworks. Practise explaining complex concepts in simple terms, as clear communication is key. You might even want to run through some coding exercises to keep your skills sharp!

Engage with Current Trends

Stay updated on emerging trends in AI technologies and regulatory frameworks. Be ready to discuss how these trends could impact the role and the organisation. Showing that you're proactive about industry developments will set you apart from other candidates.