At a Glance
- Tasks: Lead independent validation of AI models and assess their robustness and fairness.
- Company: Join a leading bank focused on innovative technology and risk management.
- Benefits: Generous pension, performance bonuses, 30 days holiday, and wellbeing initiatives.
- Other info: Hybrid working with opportunities for career growth and coaching junior team members.
- Why this job: Make a real impact in AI while developing your skills in a supportive environment.
- Qualifications: 3+ years in model development, proficiency in Python, and strong analytical skills.
The predicted salary is between 84051 - 93390 € per year.
Salary: £84,051 - £93,390
Location: Bristol, Cardiff, Halifax, Edinburgh or Leeds
Hours: Full-time
Working Pattern: Hybrid: at least two days per week (or 40%) at an office site. Workplace adjustments are available to support colleagues with disabilities.
What you’ll be doing!
- Join a dedicated team that independently reviews, analyses, and validates AI/GenAI models. The role supports the Bank’s adoption of innovative technology while managing related risks.
- Lead independent validation and periodic reviews of GenAI and Agentic models, assessing robustness, fairness, explainability, and regulatory alignment.
- Engage with a range of use cases to broaden technical expertise across the LBG modelling landscape throughout the model lifecycle.
- Manage and coach junior team members, delivering through others.
- Lead model assessment through documentation review and quantitative analysis, developing benchmark models.
- Communicate validation findings with model owners and provide concise, actionable reports to senior team members.
- Apply judgement in reviewing and supporting Risk Classifications to enable rapid assessment of model risk.
- Own stakeholder relationships for a portfolio of models.
- Contribute to the improvement of validation frameworks and processes related to AI models.
- Track emerging AI technologies, regulatory requirements, and industry standards to keep practices current.
Why join us?
You’ll make a difference to customers, enjoy a fulfilling career, and work with great colleagues in a supportive, hybrid environment that rewards growth.
What we’re looking for?
- 3+ years of experience in model development or validation, including GenAI/Agentic models.
- Ability to lead small projects, coach team members, manage priorities, and exercise good judgement.
- Proficiency in Python for model analysis.
- Strong analytical, problem‑solving, written, and verbal communication skills.
- A numerate degree or equivalent experience in Data Science, Statistics, Mathematics, Computer Science or Physics.
And any experience of these would be a plus:
- Experience with AI frameworks or libraries such as PyTorch, TensorFlow, LangChain, or LlamaIndex; SQL proficiency.
- Familiarity with cloud AI platforms (GCP Vertex AI, BigQuery, Azure AI, etc.).
- Knowledge of regulatory frameworks relevant to AI (EU AI Act, GDPR, SS1/23) and AI ethics and governance.
We also offer a wide-ranging benefits package, which includes:
- Generous pension contribution up to 15%
- Annual performance‑related bonus
- Share schemes, including free shares
- Discounted shopping and other lifestyle‑adapted benefits
- 30 days’ holiday plus bank holidays
- Wellbeing initiatives and generous parental leave policies
Markets & AI Modelling - Independent Validation Manager (Model Risk Office) employer: Lloyds Banking Group
Join a forward-thinking bank that prioritises innovation and employee development in the heart of vibrant cities like Bristol, Cardiff, Halifax, Edinburgh, or Leeds. With a supportive hybrid work environment, generous benefits including a substantial pension contribution, performance-related bonuses, and a commitment to wellbeing, you'll thrive both personally and professionally while making a meaningful impact in the field of AI modelling and risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Markets & AI Modelling - Independent Validation Manager (Model Risk Office)
✨Tip Number 1
Network like a pro! Reach out to folks in the industry on LinkedIn or at local meetups. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to AI modelling. We recommend doing mock interviews with friends or using online platforms to boost your confidence.
✨Tip Number 3
Showcase your skills! Create a portfolio of projects or case studies that highlight your experience with GenAI models. This will give you an edge and demonstrate your hands-on expertise.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Markets & AI Modelling - Independent Validation Manager (Model Risk Office)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Independent Validation Manager. Highlight your experience with AI models and any relevant projects you've led. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about model validation and how your background makes you a great fit for our team. Keep it concise but impactful – we love a good story!
Showcase Your Technical Skills:Don’t forget to mention your proficiency in Python and any experience with AI frameworks like PyTorch or TensorFlow. We’re keen on seeing how you can apply these skills in real-world scenarios, so give us some examples!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Lloyds Banking Group
✨Know Your Models Inside Out
Make sure you’re well-versed in the AI/GenAI models relevant to the role. Brush up on their robustness, fairness, and explainability. Being able to discuss these aspects confidently will show that you understand the core responsibilities of the position.
✨Showcase Your Leadership Skills
Since the role involves managing and coaching junior team members, be prepared to share examples of your leadership experience. Talk about how you've led projects or mentored others, and highlight your ability to manage priorities effectively.
✨Demonstrate Technical Proficiency
Proficiency in Python is a must, so be ready to discuss your experience with model analysis using this language. If you have experience with AI frameworks like PyTorch or TensorFlow, mention specific projects where you applied these skills.
✨Stay Current with Regulations
Familiarise yourself with the latest regulatory frameworks related to AI, such as the EU AI Act and GDPR. Being able to discuss how these regulations impact model validation will demonstrate your commitment to compliance and ethical governance.
