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Risk Modelling

Join our Risk Modelling team

Working in Model Risk and Validation

Our primary role within the Model Risk and Validation (MRAV) team is to ensure that all models are approved as being "fit for purpose" and that model risk is effectively managed across the Group. We achieve this by carrying out independent oversight of new and existing models via review work and analysis where we actively challenge whether the development, ongoing performance and outputs of the Group's models meet the standards set out in Model Governance Policy and supporting procedures. 

 

Why should I work in Model Risk and Validation?

Model Risk and Validation (MRAV) is an excellent team to join. As the team covers models across Retail and Commercial Credit, Market Risk and Asset Liability Management there are lots of opportunities to learn - including new coding languages and modelling techniques as well as numerous business partners to collaborate with.

Roles within the team will allow candidates to utilise their specific areas of modelling interest whilst building on areas less familiar, developing a complete model experience in a fraction of the time than other routes. 

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What Model Risk and Validation roles are available?

Analyst

Join us as an Analyst and have the opportunity to support the team whilst developing key areas of knowledge relating to the Group’s modelling capability.

Manager

As a Manager you’ll be an SME within Risk Modelling, with a wide scope across Retail and Commercial Credit, Market Risk and Asset Liability Management.

Senior Manager

This exciting role offers real scope breadth, giving you responsibility for independent model review and technical validation across the Retail and Commercial divisions.

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Working in Decision Science

Decision Science is the centre of excellence for analytics, data science and regulatory modelling. We help LBG achieve its business objectives and keep the bank safe through the development of models to support a wide range of activities: from credit assessments to affordability modelling, from prudential models to protecting against fraud; our models are used across the retail and commercial banking businesses to support decision making and risk management.

Decision Science leads the way in the development of modelling solutions to support major regulatory programs such as CRDIV and IFRS9, as well as leading the adoption of new techniques and tools, such as machine learning. Our purpose: to bring analytical excellence to decision making.  

 

Why should I work in Decision Science?

Decision Science aims to build diverse and creative teams. We pride ourselves in our open, honest and supportive culture which makes our department a welcoming and great place to work.

If you are a modeller at heart, if you want to transform how we do modelling within Risk, or if you want to lead how we deliver on regulatory programs, then Decision Science may be the place for you. You will become part of a team of specialist risk modellers, with a wide range of roles of available to support your career today, and in the future. 

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What roles are available in Decision Science?

Manager

Join us as a Manager and you’ll have a range of responsibilities including the development, maintenance and validation of probability of default models and the enhancement of Commercial and Retail Banking’s risk management capabilities.

Senior Manager

Join us as a Senior Manager and provide leadership to a team responsible for the development, maintenance and validation o of default models and the improvement of Commercial and Retail Banking’s risk management capabilities.

Head of Prudential Modelling

In this exciting role, you'll provide leadership to a team responsible for the development, maintenance and validation of Prudential models.

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Why join Lloyds Banking Group?

Your benefits

We provide a compelling pay and benefits package, offering flexibility and choice that can help you make your reward package go further. 

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Culture and inclusion

We pride ourselves on creating a great environment for colleagues to work in – one which is inclusive, driven by our values, and where everyone can be themselves.

Our culture

Learning and development

We prioritise personal development, whether that's through professional qualifications, leadership courses or everyday learning. 

Our learning opportunities

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