Markets & AI Modelling – Independent Validation Manager (Model Risk Office)

JOB TITLE

Markets & AI Modelling – Independent Validation Manager (Model Risk Office)

SALARY

£84,051 – £93,390

LOCATION

Bristol, Cardiff, Halifax, Edinburgh or Leeds

HOURS

Full-time

WORKING PATTERN

Hybrid: at least two days per week (or 40%) at an office site. Workplace adjustments are available to support colleagues with disabilities.

What you’ll be doing!

Join a dedicated team that independently reviews, analyses, and validates AI/GenAI models. The role supports the Bank’s adoption of innovative technology while managing related risks.

• Lead independent validation and periodic reviews of GenAI and Agentic models, assessing robustness, fairness, explainability, and regulatory alignment.
• Engage with a range of use cases to broaden technical expertise across the LBG modelling landscape throughout the model lifecycle.
• Manage and coach junior team members, delivering through others.
• Lead model assessment through documentation review and quantitative analysis, developing benchmark models.
• Communicate validation findings with model owners and provide concise, actionable reports to senior team members.
• Apply judgement in 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 AI technologies, regulatory requirements, and industry standards to keep practices current.

Why join us?

You’ll make a difference to customers, enjoy a fulfilling career, and work with great colleagues in a supportive, hybrid environment that rewards growth.

What we’re looking for?

• 3+ years of experience in model development or validation, including GenAI/Agentic models.
• Ability to lead small projects, coach team members, manage priorities, and exercise good judgement.
• Proficiency in Python for model analysis.
• Strong analytical, problem‑solving, written, and verbal communication skills.
• A numerate degree or equivalent experience in Data Science, Statistics, Mathematics, Computer Science or Physics.

And any experience of these would be a plus:

• Experience with AI frameworks or libraries such as PyTorch, TensorFlow, LangChain, or LlamaIndex; SQL proficiency.
• 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 AI ethics and governance.

We also offer a wide-ranging benefits package, which includes:

• Generous pension contribution up to 15%
• Annual performance‑related bonus
• Share schemes, including free shares
• Discounted shopping and other lifestyle‑adapted benefits
• 30 days’ holiday plus bank holidays
• Wellbeing initiatives and generous parental leave policies

#J-18808-Ljbffr…