Lloyds Banking Group

Manager, Markets & AI Modelling – AI Risk Oversight

Lloyds Banking Group

full-time

Posted on:

Location Type: Hybrid

Location: Halifax • 🇬🇧 United Kingdom

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Salary

💰 £81,999 - £91,110 per year

Job Level

Mid-LevelSenior

About the role

  • Conduct oversight reviews on AI systems, ensuring risks are identified and controls are in place across lifecycle stages.
  • Monitor and assess AI system usage, governance gaps, and critical issues handling.
  • Contribute to documenting and communicating AI risk issues to internal committees and regulators.
  • Monitor AI-related regulatory updates and assess their implications.
  • Perform alignment between AI oversight, model governance, and technology risk.
  • Provide insightful, high quality analysis, advice and guidance in a specific area of risk, executing control and tailored to senior stakeholder needs.
  • May lead a team of risk specialists and deputise for more senior colleagues.
  • Shape risk assessment frameworks and support business for AI use cases.

Requirements

  • Relevant experience in model risk, AI governance, compliance, or technology risk.
  • A proven understanding of AI/ML and GenAI risks across different lifecycle stages (e.g. data use, model outputs, integration, monitoring).
  • Strong communication skills with the ability to engage cross-functional teams and summarise technical risk findings clearly.
  • Experience applying risk or governance frameworks to in AI.
  • Familiarity with second-line risk functions or oversight roles supporting assurance, governance, or regulatory alignment.
  • Familiarity with security risk concepts: data leakage, timely injection, adversarial threats.
  • Knowledge of global AI regulations and compliance trends (e.g. EU AI Act, GDPR).
  • Exposure to AI tooling or monitoring platforms (e.g. Vertex AI, LLMOps, model tracing tools).
  • Exposure to ethical AI topics such as fairness, accountability, and IP risk.
Benefits
  • 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
  • 30 days’ holiday, with bank holidays on top
  • A range of wellbeing initiatives and generous parental leave policies

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
model riskAI governancecompliancetechnology riskAI/ML risksrisk frameworkssecurity risk conceptsdata leakageadversarial threatsethical AI
Soft skills
strong communication skillsengagement with cross-functional teamssummarising technical risk findingshigh quality analysisadvice and guidanceteam leadershipstakeholder management