Markets & AI Modelling - Independent Validation Team - Model Risk Office - Assistant Managers
Cardiff
I.T. & Communications
Annual
Permanent
End date Wednesday 11 June 2025 Salary range £55,755 - £61,950 We support flexible working Learn more about flexible working.Agile Working Options Job Share; Hybrid Working Job description You will join a dedicated team responsible for the independent review, analysis and validation of AI/GenAI models, empowering the Bank to embrace innovative technology while efficiently handling associated risks. In addition:
- Assist with independent validation and periodic reviews of AI and 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 owners 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.
- Track emerging trends in AI technologies, regulatory requirements, and industry standards, to ensure our practices are aligned with the evolving AI landscape.
- 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 and BigQuery, Azure 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.
- An annual performance-related bonus
- Generous pension contribution (of up to 15%)
- Private health cover
- Share schemes
- 28 days holiday plus bank holidays
- A range of wellbeing initiatives and generous parental leave policies.
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