AI Risk Oversight Assistant Manager in Leeds

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.