Risk Manager - AI Model Risk
at Lloyds Banking Group
Posted a month ago
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- Compensation
- £70,929 – £78,810 GBP
- City
- Edinburgh
- Country
- United Kingdom
Currency: £ (GBP)
Join Lloyds Banking Group as a Risk Manager focusing on AI model risk across Insurance, Pensions & Investments. You will validate and independently test AI, machine learning, generative and agentic AI models, assessing risks such as bias, robustness and hallucination. The role supports AI assurance frameworks and governance, collaborates with technical and business teams, and contributes to upskilling team members.
End Date
Friday 06 February 2026Salary Range
£70,929 - £78,810We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job ShareJob Description Summary
Help shape the future of responsible AI as a Risk Manager within our Model Risk team. You’ll validate AI models, assess risks such as bias and robustness, and support governance activities across Insurance, Pensions & Investments.Job Description
We’re looking for a Risk Manager with an interest in AI to support independent oversight of AI models, including machine learning, Generative AI and Agentic AI, across Insurance Pensions & Investment. You’ll assess lifecycle risks, support development of safe AI, and contribute to processes that test whether systems remain trustworthy and reliable.
WHAT YOU’LL BE DOING
• Deliver independent validation and testing for AI models.
• Assess risks including bias, robustness and hallucination.
• Support the AI Assurance Framework and governance forums.
• Work collaboratively with technical and business teams.
• Actively contribute to the upskilling and professional development of team members.
WHAT YOU’LL BRING
• Understanding of AI risks and lifecycle.
• Technical expertise in AI methodologies.
• Analytical and problem‑solving skills.
• Clear communication for technical and non‑technical audiences.
• Ability to manage competing priorities.
• Curiosity and teamwork.
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
