Gen AI Model Risk Leader – Validation & Governance

Allica Bank Limited; Greater London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading financial technology firm in the UK is seeking a Model Risk Specialist to oversee its Model Risk Framework, focusing on AI governance and compliance. In this pivotal role, you'll drive the management of model risks associated with Generative and Agentic AI along with traditional financial models. Collaboration is key as you work across teams to ensure adherence to governance standards and support innovative solutions. Allica Bank values integrity, innovation, and a diverse workplace.

Benefits

Flexible working options

Regular social activities

Private health cover

Pension contributions

Life assurance

Qualifications

• Experienced in applying model risk frameworks, particularly SS1/23.
• Knowledgeable in AI/ML, Generative AI, and traditional statistical techniques.
• Strong analytical skills for translating complex outputs to stakeholders.

Responsibilities

• Oversee AI and model risk across various technologies.
• Apply Allica's Model Risk Framework to ensure effective model governance.
• Support risk reporting and escalation processes.

Skills

Model Risk Expertise

AI & Modelling Knowledge

Analytical Skills

Regulatory Awareness

Education

Background in Finance or a related field

Tools

Governance frameworks

Job description

A leading financial technology firm in the UK is seeking a Model Risk Specialist to oversee its Model Risk Framework, focusing on AI governance and compliance. In this pivotal role, you'll drive the management of model risks associated with Generative and Agentic AI along with traditional financial models. Collaboration is key as you work across teams to ensure adherence to governance standards and support innovative solutions. Allica Bank values integrity, innovation, and a diverse workplace.