Hybrid AI Risk Oversight Manager, Markets – AI Modelling

at Lloyds Banking Group

• Job title: AI Risk Oversight Manager, Markets – AI Modelling
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: £84,051 - £93,390 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Halifax, United Kingdom

About the role

• Manager overseeing AI Risk Oversight team within Model Risk Office at Lloyds Banking Group. Conducting oversight activities for AI models and strengthening AI governance frameworks.

Responsibilities

• Conduct oversight activities for AI and GenAI models across the Group, helping ensure responsible, transparent, and secure AI adoption in alignment with regulatory and internal expectations.
• 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.

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).
• 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

• 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