Analyst, Model Risk and Validation

Lloyds Banking Group

. Conduct independent model reviews and technical validation across regulatory and non-regulatory models in Retail or Commercial divisions, including Treasury .

Posted 9/18/2026full-timeHalifax • United KingdomMid-LevelSenior💰 £36,224 - £38,130 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in model validation and development, utilizing programming skills in Python, R, SAS, or C/C++. Strong understanding of regulatory requirements and risk management principles is essential for effective communication and relationship-building across teams.

Highest-signal resume keywords

Model Validation TechniquesProgramming Skills in PythonRegression and Decision TreesRegulatory Requirements AwarenessRisk Management Knowledge

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Model Development TechniquesMathematical TechniquesData ProfilingBack-TestingStress TestingModel CalibrationModel SelectionModel GovernanceModel ReportingChallenger Modelling

Soft Skills

Excellent Communication SkillsRelationship-Building SkillsProactive ApproachSound JudgementResilience in Problem Solving

Industry Keywords

Quantitative AnalysisRegulatory ModelsTreasury ModelsModel RiskBanking

Tech Stack

Tools & technologies

PythonC++

About the role

Key responsibilities & impact

Conduct independent model reviews and technical validation across regulatory and non-regulatory models in Retail or Commercial divisions, including Treasury
Assess models throughout their lifecycle, including new developments, changes, periodic validations and ongoing monitoring
Deliver independent model validations involving recoding, software development, challenger modelling and mathematical techniques
Review and challenge model development activities, including data profiling, model selection, validation, back-testing, stress testing, documentation and key projects
Evaluate model build, calibration, operation, usage, reporting, governance and fitness for purpose
Document and communicate validation findings, highlighting weaknesses, risks and improvement opportunities
Present independent review outcomes to senior colleagues and approval forums
Build effective relationships across the Group and maintain knowledge of model risk, regulatory requirements and standards

Requirements

What you’ll need

Degree-level qualification covering quantitative content such as mathematics, physics or similar, or similar skills derived from experience
CV must include grades, awarding institution, relevant modules studied or relevant projects, and earlier educational qualifications where appropriate
Experience of model development techniques, including regression and decision trees
Programming skills in Python, R, SAS or C/C++; CV must state language and evidence usage
Good understanding of modelling and validation principles
Awareness of regulatory requirements
Ideally, knowledge of banking and risk management
Interest in developing expertise across treasury and risk models in a changing regulatory environment
Excellent communication and relationship-building skills
Ability to provide clear, constructive challenge and influence stakeholders
Proactive and ethical approach
Sound judgement and resilience in solving complex problems
Commitment to delivering high-quality outcomes with integrity

Benefits

Comp & perks

Flexible working options, including flexibility in when hours are worked, hybrid working, and job share
Pension contribution of up to 15%
Annual performance-related bonus
Share schemes including free shares
Lifestyle benefits such as discounted shopping
24 days’ holiday, plus bank holidays
Wellbeing initiatives
Generous parental leave policies
Workplace adjustments for colleagues with disabilities, including hybrid working support
Opportunities to learn, grow and develop