At a Glance
- Tasks: Support AI risk oversight and evaluate control effectiveness across various lifecycle stages.
- Company: Join Lloyds Banking Group's dynamic AI Risk Oversight team.
- Benefits: Competitive salary, performance bonuses, generous pension, and private health cover.
- Other info: Inclusive workplace with excellent career growth and wellbeing initiatives.
- Why this job: Be part of an evolving AI team and make impactful decisions.
- Qualifications: Experience in model risk or AI governance with strong communication skills.
The predicted salary is between 15000 - 85725 £ 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. This role offers an exciting opportunity to be part of a dynamic and constantly evolving AI team, providing considerable scope for personal and professional development. MRO will act as the front door for the business to advance their AI ambitions, requiring excellent collaboration with our CCOR teams (e.g., Data Risks, Cyber and Security, Supplier Management, Conduct). Our Purpose: Better Models, Better Decisions, Better Outcomes.
Responsibilities
- Support oversight reviews on AI systems, helping identify risks and evaluate control effectiveness across lifecycle stages.
- Assist in monitoring AI system usage and flag governance gaps or critical issues.
- Contribute to documentation and communication of AI risk issues to internal stakeholders.
- Track AI-related regulatory updates and support impact assessments.
- Help 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 different lifecycle stages (e.g., data use, model outputs, integration, monitoring).
- Good communication skills with the 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)
- 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.
Competitive Salary and Benefits
- Annual performance-related bonus
- Generous pension contribution (up to 15%)
- Flex benefits cash pot (4% on top of basic salary)
- Private health cover
- Share schemes
- 28 days holiday plus bank holidays
- Wellbeing initiatives and generous parental leave policies
Accessibility and Inclusion
We provide reasonable adjustments to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. Let us know if you need an adjustment to the recruitment process. Lloyds Banking Group is committed to building a workforce that reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all colleagues can be themselves and succeed on merit. We are an equal opportunity employer and deeply value diversity.
AI Risk Oversight Assistant Manager in Leeds employer: Lloyds Banking Group
Lloyds Banking Group is an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation within the newly established AI Risk Oversight team. With a strong commitment to employee growth, competitive benefits including a generous pension contribution and private health cover, and a focus on diversity and inclusion, this role in Halifax, Cardiff, Edinburgh, or Leeds provides a meaningful opportunity for professionals eager to make impactful contributions in the evolving field of AI governance.
StudySmarter Expert Advice🤫
We think this is how you could land AI Risk Oversight Assistant Manager in Leeds
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Lloyds Banking Group looking for candidates who are engaged and informed.
We think you need these skills to ace AI Risk Oversight Assistant Manager in Leeds
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Lloyds Banking Group. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Lloyds Banking Group
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Lloyds Banking Group’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
