At a Glance
- Tasks: Support AI risk oversight and collaborate with teams to enhance AI governance.
- Company: Join Lloyds Banking Group's innovative AI Risk Oversight team.
- Benefits: Enjoy a competitive salary, generous pension, private health cover, and 28 days holiday.
- Other info: Hybrid working model with excellent career growth opportunities.
- Why this job: Make a real impact in AI governance while developing your skills in a dynamic environment.
- Qualifications: Experience in model risk or AI governance and strong communication skills required.
The predicted salary is between 55000 - 65000 £ per year.
An excellent opportunity for a highly motivated candidate to join the newly established AI Risk Oversight team within the Model Risk Office (MRO) at Lloyds Banking Group. The role supports the front door for the business to advance its AI ambitions and requires collaboration with CCOR teams such as Data Risks, Cyber and Security, Supplier Management and Conduct.
Responsibilities
- Support oversight reviews on AI systems, identifying risks and evaluating control effectiveness across lifecycle stages.
- Assist in monitoring AI system usage and flag governance gaps or critical issues.
- Contribute to the documentation and communication of AI risk issues to internal stakeholders.
- Track AI‑related regulatory updates and support impact assessments.
- Align AI oversight activities with model governance and technology risk processes.
Qualifications
- Relevant experience in model risk, AI governance, compliance, or technology risk.
- Foundational understanding of AI/ML and GenAI risks across lifecycle stages (data use, model outputs, integration, monitoring).
- Strong communication skills and ability to engage cross‑functional teams and summarise technical risk findings clearly.
- 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.
Additional experience (plus):
- Security risk concepts such as data leakage, timely injection and 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).
- Knowledge of ethical AI topics such as fairness, accountability and IP risk.
Benefits
- Annual performance‑related bonus.
- Generous pension contribution of up to 15%.
- Flex benefits cash pot (4% on top of basic salary).
- Private health cover.
- Share schemes.
- 28 days holiday plus bank holidays.
- Well‑being initiatives and generous parental leave policies.
- Hybrid working with at least two days per week or 40% time at an office site.
Accessibility and Equal Opportunity
We offer reasonable adjustments to reduce or remove barriers for applicants with a disability, long‑term health condition or neurodivergent condition. Lloyds Banking Group is an equal opportunity employer committed to an inclusive environment and diversity within its organisation.
AI Risk Oversight Assistant Manager in Halifax employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment where innovation meets collaboration. As part of the AI Risk Oversight team, you will benefit from a generous pension contribution, private health cover, and a strong focus on employee well-being, including flexible working arrangements and extensive parental leave policies. With a commitment to inclusivity and professional growth, this role provides a unique opportunity to engage with cutting-edge AI governance while contributing to a diverse and supportive workplace culture.
