Hybrid Assistant Manager, AI Risk Oversight – Model Risk Office

at Lloyds Banking Group

• Job title: Assistant Manager, AI Risk Oversight – Model Risk Office
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: £55,755 - £61,950 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Cardiff, United Kingdom

About the role

• Join the newly created AI Risk Oversight Team ensuring responsible AI and GenAI adoption across the Group. Support collaboration and documentation of AI risk management and compliance activities.

Responsibilities

• Supporting oversight reviews on AI systems, helping identify risks and evaluate control effectiveness across lifecycle stages.
• Assisting in monitoring AI system usage and flagging governance gaps or critical issues.
• Contributing to the documentation and communication of AI risk issues to internal stakeholders.
• Tracking AI-related regulatory updates and supporting impact assessments.
• Helping align AI oversight activities with model governance and technology risk processes.

Requirements

• Relevant experience in one or more of the following model risk, AI governance, Conduct Compliance and Operational Risk, or Technology risk.
• A foundational understanding of AI/ML and GenAI risks across different lifecycle stages (e.g. data use, model outputs, integration, monitoring).
• Exposure to risk or governance frameworks applied in AI or technology domains.
• Familiarity with second-line risk functions or oversight roles supporting assurance, governance, or regulatory alignment.

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
• 28 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies