AI Tooling & Model Risk Manager in Halifax

AI Tooling & Model Risk Manager in Halifax

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

  • Tasks: Join a dynamic AI team to develop and support innovative AI tooling and model validation.
  • Company: Lloyds Banking Group, a leader in finance with a commitment to diversity and inclusion.
  • Benefits: Generous pension, performance bonuses, flexible working, and 30 days holiday.
  • Other info: Great opportunities for personal and professional growth in a collaborative culture.
  • Why this job: Make a real impact in AI while enjoying a fulfilling career in a supportive environment.
  • Qualifications: 3+ years in AI Model Development or a relevant PhD; strong analytical skills required.

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

We're rebooting an icon and building the future of finance. Find out why you should join us.

Agile Working Options: Job Share; Hybrid Working

Job description:

SALARY: £84,051 - £93,390

LOCATION(S): Halifax, Edinburgh, Bristol, Cardiff or Leeds

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.

What you’ll be doing!

We have an exciting opportunity for an experienced candidate to join the Markets & AI Modelling Team within the Model Risk Office as Manager, in the newly established AI Tech and Tooling Team 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:

  • You’ll join a dedicated team responsible for the development, implementation, and support of AI/GenAI tooling to enable scalable, efficient, and reliable validation and risk oversight.
  • 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:

  • 3+ years 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 or equivalent experience (e.g., Data Science, Statistics, Mathematics, Computer Science, or Physics).
  • 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 customers.
  • Ability to work proactively and independently, manage time optimally, 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, LlamaIndex, or similar tools; including 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 and knowledge of regulatory requirements and frameworks relevant to AI, such as the EU AI Act, GDPR, SS1/23, and standard processes in AI ethics and governance.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, 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, 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
  • 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.

AI Tooling & Model Risk Manager in Halifax employer: Lloyds Banking Group

At Lloyds Banking Group, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within our AI Tooling & Model Risk team. With a strong commitment to employee growth, we provide extensive career development opportunities, a generous benefits package including a substantial pension contribution and flexible working arrangements, all while promoting a culture of diversity and inclusion. Join us in Halifax, Edinburgh, Bristol, Cardiff, or Leeds, where you can make a meaningful impact in the future of finance while enjoying a fulfilling work-life balance.

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Contact Details:

Lloyds Banking Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land AI Tooling & Model Risk Manager in Halifax

Tip Number 1

Network like a pro! Reach out to folks in the industry, attend meetups, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by practising common questions and showcasing your skills. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your experience in AI tooling and model risk management.

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for roles that excite you and fit your skill set, especially in AI and finance!

Tip Number 4

Follow up after interviews! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. It’s a simple way to stand out from the crowd.

We think you need these skills to ace AI Tooling & Model Risk Manager in Halifax

AI Model Development
AI Validation
Data Science
Statistics
Mathematics
Computer Science
Python Programming

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the AI Tooling & Model Risk Manager role. Highlight relevant experience in AI model development and validation, and don’t forget to showcase your analytical skills!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about AI and how your background makes you a perfect fit for our team. Keep it concise but impactful.

Showcase Your Skills:Don’t just list your skills; demonstrate them! If you’ve worked with Python or AI frameworks, mention specific projects or achievements that highlight your expertise. We love seeing real-world applications!

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the info you need about the role there!

How to prepare for a job interview at Lloyds Banking Group

Know Your AI Stuff

Make sure you brush up on your knowledge of AI model development and validation. Be ready to discuss specific frameworks like PyTorch or TensorFlow, and how you've used them in past projects. This will show that you're not just familiar with the concepts but have practical experience too.

Communicate Clearly

Since you'll need to explain complex AI concepts to non-technical stakeholders, practice articulating your thoughts clearly. Use simple language and relatable examples to demonstrate your understanding. This will help you stand out as someone who can bridge the gap between technical and non-technical teams.

Show Your Problem-Solving Skills

Prepare to discuss specific challenges you've faced in AI projects and how you overcame them. Think about times when you had to critically evaluate a model or innovate a solution. This will highlight your analytical skills and ability to think on your feet.

Research the Company Culture

Familiarise yourself with the company's values and culture, especially their commitment to diversity and inclusion. Be ready to share how your own values align with theirs. This shows that you're not just interested in the role, but also in being part of their community.