At a Glance
- Tasks: Lead validation of AI models, ensuring they are robust and compliant with regulations.
- Company: Join Lloyds Banking Group's innovative Markets & AI Modelling team.
- Benefits: Enjoy a competitive salary, generous pension, and 30 days holiday.
- Other info: Flexible working options and commitment to diversity and inclusion.
- Why this job: Make an impact in AI modelling while developing your skills in a supportive environment.
- Qualifications: 3+ years in model validation, proficiency in Python, and strong analytical skills.
The predicted salary is between 84051 - 93390 £ per year.
Location: Halifax, Edinburgh or Leeds
Employment Type: Full‑time, hybrid working (at least two days per week in an office or 40% of time). Support for workplace adjustments, including flexible working, for colleagues with disabilities.
Salary: £84,051 – £93,390 per year.
Job Summary: An exciting opportunity to join the newly established Markets & AI Modelling team within the Model Risk Office at Lloyds Banking Group. You will independently review, analyse and validate AI/GenAI models, ensuring they are robust, fair, explainable and compliant with regulations.
Responsibilities:
- Lead independent validation and periodic reviews of GenAI and Agentic models.
- Engage with diverse use cases, expanding technical expertise across the modelling landscape.
- Deliver through others by managing and coaching junior team members.
- Lead model assessment through documentation review, quantitative analysis and benchmark model development.
- Raise validation challenges and findings with model owners, providing clear, concise, actionable reporting to senior team members.
- Apply judgement when 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 trends in AI technologies, regulatory requirements and industry standards.
Qualifications:
- 3+ years of professional experience in model development or validation, including GenAI/Agentic models.
- Ability to lead small‑scale projects, coach or support team members and manage competing priorities.
- Proficiency in Python for model analysis.
- Strong analytical and problem‑solving skills; excellent written and verbal communication.
- A numerate degree or equivalent experience (Data Science, Statistics, Mathematics, Computer Science, Physics, etc.).
Desired Additional Experience:
- Experience with AI frameworks or libraries such as PyTorch, TensorFlow, LangChain or LlamaIndex; proficiency in SQL.
- 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 industry best practice in AI ethics and governance.
Benefits:
- Generous pension contribution up to 15%.
- Annual performance‑related bonus.
- Share schemes and free shares.
- Flexible benefits such as discounted shopping.
- 30 days holiday plus bank holidays.
- Well‑being initiatives and generous parental leave policies.
Diversity & Inclusion: We are committed to creating an inclusive workplace where everyone can thrive, learn, and develop. We offer reasonable workplace adjustments for colleagues with disabilities and are a Disability Confident Leader, guaranteeing interviews for qualified applicants with a disability, long‑term health or neurodivergent condition through the Disability Confident Scheme.
Equal Opportunity Statement: Lloyds Banking Group is an equal‑opportunity employer. All qualified applicants are considered for employment without regard to race, ethnicity, sex, gender, sexual orientation, disability, or any other protected characteristic.
Markets & AI Modelling - Independent Validation Manager (Model Risk Office) in Wellington employer: Lloyds Banking Group
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in Halifax, Edinburgh, or Leeds, where innovation meets inclusivity. With a strong commitment to employee growth, generous benefits including a 15% pension contribution, and a focus on well-being initiatives, we empower our team members to thrive while working on cutting-edge AI modelling projects. Our hybrid working model and support for workplace adjustments ensure that all employees can achieve a healthy work-life balance, making Lloyds a truly rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Markets & AI Modelling - Independent Validation Manager (Model Risk Office) in Wellington
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Lloyds Banking Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Markets & AI Modelling - Independent Validation Manager (Model Risk Office) in Wellington
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Lloyds Banking Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Lloyds Banking Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Lloyds Banking Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Lloyds Banking Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Lloyds Banking Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Lloyds Banking Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
