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Senior Risk Manager - AI Model Risk

at Lloyds Banking Group

Back to all Data Science / AI / ML jobs
Lloyds Banking Group logo
Investment Banking

Senior Risk Manager - AI Model Risk

at Lloyds Banking Group

Tech LeadNo visa sponsorshipData Science/AI/ML

Posted a month ago

No clicks

Compensation
£90,440 – £106,400 GBP

Currency: £ (GBP)

City
Edinburgh
Country
United Kingdom

Lead independent oversight and validation of complex AI models (including ML, Generative AI and Agentic AI) across Insurance, Pensions & Investments. Shape and strengthen the Group AI Assurance Framework, provide expert challenge on emerging AI risks, and participate in governance forums such as the AI Assurance Forum and GenAI Control Tower. Act as a visible advisor to senior leaders, build cross-functional relationships, and deputise for the Head of Model Risk Management.

End Date

Friday 06 February 2026

Salary Range

£90,440 - £106,400

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

Join us as a Senior Risk Manager specialising in AI model risk. You’ll lead independent oversight of AI models, shape our AI Assurance Framework, and provide expert challenge across high‑profile initiatives in Insurance, Pensions & Investments. This role offers significant exposure to senior leaders and a chance to influence how responsible AI is delivered across the Group.

Job Description

We’re looking for a Senior Risk Manager to lead independent oversight of AI models, including machine learning, Generative AI and Agentic AI, across our IP&I business. You’ll provide expert challenge on emerging AI risks, influence the design of safe and responsible AI systems, and help embed high‑quality controls that protect customers and the Group. You’ll play a visible role in governance forums including the AI Assurance Forum and GenAI Control Tower, and deputise for the Head of Model Risk Management.

WHAT YOU’LL BE DOING

• Lead independent validation and risk opinions for complex AI models.

• Strengthen AI controls and shape the Group AI Assurance Framework.

• Participate in key governance forums.

• Provide advice on regulatory developments.

• Build strong relationships across risk, actuarial, data and technical teams.

• Actively contribute to the upskilling and professional development of team members.

• Support and deputise for the Head of Model Risk Management.

WHAT YOU’LL BRING

• Deep understanding of AI risks and lifecycle.

• Technical expertise in AI methodologies.

• Ability to communicate technical issues clearly.

• Strong judgement and ethical standards.

• Experience in risk management for financial services.

• Excellent communication skills.

• Collaborative working style.

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.

Senior Risk Manager - AI Model Risk

at Lloyds Banking Group

Back to all Data Science / AI / ML jobs
Lloyds Banking Group logo
Investment Banking

Senior Risk Manager - AI Model Risk

at Lloyds Banking Group

Tech LeadNo visa sponsorshipData Science/AI/ML

Posted a month ago

No clicks

Compensation
£90,440 – £106,400 GBP

Currency: £ (GBP)

City
Edinburgh
Country
United Kingdom

Lead independent oversight and validation of complex AI models (including ML, Generative AI and Agentic AI) across Insurance, Pensions & Investments. Shape and strengthen the Group AI Assurance Framework, provide expert challenge on emerging AI risks, and participate in governance forums such as the AI Assurance Forum and GenAI Control Tower. Act as a visible advisor to senior leaders, build cross-functional relationships, and deputise for the Head of Model Risk Management.

End Date

Friday 06 February 2026

Salary Range

£90,440 - £106,400

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

Join us as a Senior Risk Manager specialising in AI model risk. You’ll lead independent oversight of AI models, shape our AI Assurance Framework, and provide expert challenge across high‑profile initiatives in Insurance, Pensions & Investments. This role offers significant exposure to senior leaders and a chance to influence how responsible AI is delivered across the Group.

Job Description

We’re looking for a Senior Risk Manager to lead independent oversight of AI models, including machine learning, Generative AI and Agentic AI, across our IP&I business. You’ll provide expert challenge on emerging AI risks, influence the design of safe and responsible AI systems, and help embed high‑quality controls that protect customers and the Group. You’ll play a visible role in governance forums including the AI Assurance Forum and GenAI Control Tower, and deputise for the Head of Model Risk Management.

WHAT YOU’LL BE DOING

• Lead independent validation and risk opinions for complex AI models.

• Strengthen AI controls and shape the Group AI Assurance Framework.

• Participate in key governance forums.

• Provide advice on regulatory developments.

• Build strong relationships across risk, actuarial, data and technical teams.

• Actively contribute to the upskilling and professional development of team members.

• Support and deputise for the Head of Model Risk Management.

WHAT YOU’LL BRING

• Deep understanding of AI risks and lifecycle.

• Technical expertise in AI methodologies.

• Ability to communicate technical issues clearly.

• Strong judgement and ethical standards.

• Experience in risk management for financial services.

• Excellent communication skills.

• Collaborative working style.

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.