End Date

Friday 23 January 2026

Salary Range

£81,999 - £91,110

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

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

JOB TITLE: Manager, Markets & AI Modelling - Independent Validation (Model Risk)
SALARY: £81,999 - £91,110
LOCATION: Halifax, Leeds and Edinburgh
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.

Job Description

About this Opportunity

Join a dedicated team that independently reviews, analyses, and validates AI/GenAI models. This helps the Bank adopt innovative technology while managing related risks effectively.

• Lead independent validation and periodic reviews of GenAI and Agentic models, assessing whether models are robust, fair, explainable, and aligned with applicable regulations.
• Engage with a diverse array of use cases, improving your technical expertise across the LBG modelling landscape and throughout the entire model lifecycle, from development to monitoring and maintenance.
• Delivering 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 to senior members of the team.
• Applying judgement in reviewing and supporting Risk Classifications to enable rapid assessment of model risk.
• 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, to ensure our practices are aligned with the evolving AI landscape.

Our Purpose: Better Models, Better Decisions, Better Outcomes

Why Lloyds Banking Group

If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

What you'll need

• Professional experience working in Model Development or Validation with a deep understanding of different model techniques and the use of models in different business areas, including experience with GenAI / Agentic models.
• Ability to lead small scale projects including coaching or supporting other team members, managing competing priorities and demonstrating good judgement.
• Proficiency in Python for model analysis.
• Strong analytical and problem-solving skills, excellent written and verbal communication skills.
• A numerate degree or equivalent experience, for example in Data Science, Statistics, Mathematics, Computer Science or Physics.

And any experience of these would be really useful

• 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, such as the EU AI Act, GDPR, SS1/23, and industry best practice in AI ethics and governance.

About working for us

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

It is a very exciting time to join LBG. Together we'll continue our market leading, ground-breaking transformation and you'll help us realise the Group's vision to become the Best Bank for Customers. This is a once in a career opportunity to help shape your future as well as ours.

So if you have the skills and you’re looking for your next step, we’d love to hear from you!

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

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. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.