Model Risk & Validation Analyst | Independent Reviews & Validation

Lloyds Banking Group; Halifax; Hybrid; GBP 75,000 - 100,000; Full time

Benefits offered by this job

Generous pension

Annual bonus

Share schemes

Wellbeing initiatives

Parental leave

Holiday entitlement

Job summary

Lloyds Banking Group is seeking a skilled professional for the Model Risk Office to conduct independent model reviews and technical validations across a broad range of regulatory and non-regulatory models in Retail and Commercial divisions.

You will assess models through their lifecycle, contribute to governance, and communicate findings clearly to senior stakeholders, helping to strengthen risk frameworks and decision-making across the Group.

Qualifications

• Degree-level qualification covering quantitative content such as mathematics, physics or similar.
• Experience of model development techniques and programming in Python, R, SAS or C/C++.
• Understanding of modelling and validation principles including regulatory requirements.

Responsibilities

• Assess models across their lifecycle, including new developments, changes, validations and monitoring.
• Deliver independent model validations, including recoding, software development, challenger modelling and mathematical techniques.
• Review and challenge model development activities: data profiling, validation, back-testing, stress testing, documentation and projects.

Skills

Numerate degree

Modelling techniques

Programming: Python/R/SAS/C/C++

Model validation

Communication & stakeholder influence

Education

Mathematics or Physics degree

Tools

SAS

Python

R

C/C++

Job description

Lloyds Banking Group is seeking a skilled professional for the Model Risk Office to conduct independent model reviews and technical validations across a broad range of regulatory and non-regulatory models in Retail and Commercial divisions.

You will assess models through their lifecycle, contribute to governance, and communicate findings clearly to senior stakeholders, helping to strengthen risk frameworks and decision-making across the Group.