Description
JOB TITLE: AI Independent Validation Assistant Manager
SALARY: £57,150 - £63,500
LOCATION(S): Halifax, Edinburgh, Bristol, Leeds
HOURS: Full-time (Part-time considered)
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
About this opportunity
An excellent opportunity for a highly motivated candidate to join the newly established AI Independent Validation team within the Model Risk Office [MRO] 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.
MRO 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.
What you’ll be doing:
You will join a dedicated team responsible for the independent review, analysis and validation of GenAI models, empowering the Bank to embrace innovative technology while efficiently handling associated risks. In addition:
1. Assist with independent validation and periodic reviews of GenAI models, ensuring models are robust, fair, explainable, and aligned with applicable regulations.
2. 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.
3. Develop benchmark models and conduct quantitative analysis / recoding, predominantly using Python/GCP.
4. Review model documentation to evaluate the soundness of the model and infrastructure, from inputs to use of the outputs.
5. Raise validation challenges/findings and follow through to resolution.
6. Provide clear, concise, and actionable reporting on validation outcomes and AI risk assessments to senior members of the team.
7. Contribute to the improvement of validation frameworks and processes related to AI models.
Why join us?
We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.
What we’re looking for:
8. 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.
9. A numerate degree or equivalent experience, for example in Data Science, Statistics, Mathematics, Computer Science or Physics.
10. Strong analytical and problem-solving skills with the ability to critically evaluate complex AI systems and models.
11. Excellent written and verbal communication skills, with an ability to communicate complex quantitative concepts clearly to non-technical customers.
12. Ability to work proactively and independently, manage your time optimally, and deliver high-quality outputs within set timelines.
And any of these would be great:
13. Proficiency in Python programming and experience using AI-specific frameworks or libraries such as PyTorch, TensorFlow, LangChain, LlamaIndex, or similar tools; proficiency in SQL.
14. Hands-on experience or strong theoretical knowledge of AI and GenAI techniques and methodologies.
15. Familiarity with cloud AI platforms such as GCP Vertex AI or similar enterprise-level AI deployment environments.
16. 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.
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
We want to ensure all our candidates have the opportunity to shine. Please let us know if there is anything we can do to make the sure the assessment process works for you.
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
• 28 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies
Like what you hear? Join us!
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.