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- Tasks: Lead oversight of AI models and shape our AI Assurance Framework.
- Company: Join Lloyds Banking Group, a leader in financial services.
- Benefits: Competitive salary, professional development, and a chance to influence responsible AI.
- Why this job: Make a real impact on the future of AI in finance.
- Qualifications: Deep understanding of AI risks and experience in risk management.
- Other info: Collaborative culture with opportunities for growth and learning.
The predicted salary is between 43200 - 72000 £ per year.
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.
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'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 employer: Lloyds Bank plc
Contact Detail:
Lloyds Bank plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Manager - AI Model Risk
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Lloyds Banking Group. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by brushing up on your AI knowledge. Be ready to discuss specific AI risks and how you would tackle them. Show us you’re not just a candidate, but a thought leader in the field!
✨Tip Number 3
Don’t forget to showcase your collaborative spirit! Highlight experiences where you’ve worked with diverse teams. We want to see how you can build strong relationships across risk, actuarial, and technical teams.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our mission to help Britain prosper.
We think you need these skills to ace Senior Risk Manager - AI Model Risk
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with AI model risk and financial services. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant expertise!
Showcase Your Communication Skills: Since this role involves influencing senior leaders and participating in governance forums, it’s crucial to demonstrate your ability to communicate complex technical issues clearly. Use examples in your application that illustrate your strong communication skills.
Highlight Collaborative Experiences: We value a collaborative working style, so be sure to mention any experiences where you’ve worked effectively with cross-functional teams. This will show us that you can build strong relationships across different areas, which is key for this role.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Lloyds Bank plc
✨Know Your AI Inside Out
Make sure you have a deep understanding of AI risks and methodologies. Brush up on the latest trends in machine learning, Generative AI, and Agentic AI. Being able to discuss these topics confidently will show that you're not just familiar with the field but are genuinely passionate about it.
✨Showcase Your Communication Skills
Since you'll need to communicate complex technical issues clearly, practice explaining AI concepts in simple terms. Use examples from your past experiences to illustrate how you've successfully communicated with non-technical stakeholders. This will demonstrate your ability to bridge the gap between technical and non-technical teams.
✨Prepare for Governance Discussions
Familiarise yourself with governance frameworks and be ready to discuss how you would contribute to forums like the AI Assurance Forum and GenAI Control Tower. Think about specific scenarios where you've influenced decision-making or improved risk management processes in previous roles.
✨Build Relationships Before You Even Start
Networking is key! If possible, connect with current employees or industry professionals who work in similar roles. This can give you insights into the company culture and expectations, plus it shows your proactive approach to building relationships across teams, which is crucial for this role.
