Lloyds Banking Group

AI Independent Validation Assistant Manager

Lloyds Banking Group

full-time

Posted on:

Location Type: Hybrid

Location: HalifaxUnited Kingdom

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Salary

💰 £57,150 - £63,500 per year

Job Level

About the role

  • Join a dedicated team responsible for the independent review, analysis and validation of GenAI models.
  • Assist with independent validation and periodic reviews of GenAI models, ensuring 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.
  • Develop benchmark models and conduct quantitative analysis / recoding, predominantly using Python/GCP.
  • Review model documentation to evaluate the soundness of the model and infrastructure, from inputs to use of the outputs.
  • Raise validation challenges/findings and follow through to resolution.
  • Provide clear, concise, and actionable reporting on validation outcomes and AI risk assessments to senior members of the team.
  • Contribute to the improvement of validation frameworks and processes related to AI models.

Requirements

  • 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.
  • A numerate degree or equivalent experience, for example in Data Science, Statistics, Mathematics, Computer Science or Physics.
  • Strong analytical and problem-solving skills with the ability to critically evaluate complex AI systems and models.
  • Excellent written and verbal communication skills, with an ability to communicate complex quantitative concepts clearly to non-technical customers.
  • Ability to work proactively and independently, manage your time optimally, and deliver high-quality outputs within set timelines.
  • Proficiency in Python programming and experience using AI-specific frameworks or libraries such as PyTorch, TensorFlow, LangChain, LlamaIndex, or similar tools; proficiency in SQL.
  • Hands-on experience or strong theoretical knowledge of AI and GenAI techniques and methodologies.
  • Familiarity with cloud AI platforms such as GCP Vertex 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.
Benefits
  • 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
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
PythonSQLAI Model DevelopmentAI Model ValidationData ScienceStatisticsMathematicsComputer SciencePhysicsQuantitative Analysis
Soft Skills
Analytical skillsProblem-solving skillsWritten communicationVerbal communicationProactive work ethicTime managementIndependent workCritical evaluationActionable reportingCollaboration