Analyst, Model Risk, Validation

Lloyds Banking Group

. Conduct independent model reviews and technical validation across regulatory and non-regulatory models for 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

Use this summary to align your resume positioning with the role.

Demonstrates expertise in model validation and development, including proficiency in programming languages such as Python, R, SAS, or C/C++. Strong understanding of regulatory requirements and risk management principles is essential for delivering high-quality outcomes.

Highest-signal resume keywords

Model ValidationProgramming Skills in Python, R, SAS, or C/C++Model Development TechniquesRegulatory Requirements AwarenessExcellent Communication Skills

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Model ValidationModel Development TechniquesRegressionDecision TreesData ProfilingBack-TestingStress TestingMathematical TechniquesModel CalibrationModel Governance

Soft Skills

Excellent CommunicationRelationship-BuildingProactive ApproachSound JudgementResilience

Industry Keywords

Model RiskRegulatory RequirementsBankingRisk ManagementTreasury

Tech Stack

Tools & technologies

PythonC++

About the role

Key responsibilities & impact

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

Requirements

What you’ll need

Highly numerate with a degree-level qualification covering quantitative content such as mathematics, physics or similar module, or similar skills derived from experience
CV must include grades, awarding institution and relevant modules studied or relevant projects; where appropriate, relevant earlier educational qualifications with grades
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 a range of stakeholders
Proactive and ethical approach
Sound judgement and resilience in solving complex problems
Commitment to delivering high-quality outcomes with integrity

Benefits

Comp & perks

We support flexible working
Hybrid working
Job share
A generous pension contribution of up to 15%
An annual performance-related bonus
Share schemes including free shares
Benefits you can adapt to your lifestyle, such as discounted shopping
24 days’ holiday, with bank holidays on top
A range of wellbeing initiatives
Generous parental leave policies
Workplace adjustments including hybrid working expectations for colleagues with disabilities