Manager, Markets & AI Modelling - Independent Validation; Model Risk Office

Position: Manager, Markets & AI Modelling - Independent Validation (Model Risk Office)
Location: City of Edinburgh

Manager, Markets & AI Modelling - Independent Validation (Model Risk Office) page is loaded## Manager, Markets & AI Modelling - Independent Validation (Model Risk Office) locations:
Halifax:
Edinburgh New Uberior House Head Office:
Leeds Wellington Placetime type:
Full time posted on:
Posted 2 Days Agotime left to apply:
End Date:
January 24, 2026 (12 days left to apply) job requisition :
148075
** End Date
** Friday 23 January 2026
** Salary Range**£81,999 - £91,110
** 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, Tensor Flow, Lang Chain, Llama Index, or similar tools; proficiency in SQL.
* Familiarity with cloud AI platforms such as GCP Vertex AI and Big Query, 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.

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