AI Risk Oversight Lead — Governance & Compliance

Lloyds Banking Group; Cowbridge; On-site; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Pension up to 15%

Annual bonus

Share schemes including free shares

Discounted shopping

30 days' holiday + bank holidays

Wellbeing initiatives

Parental leave policies

Job summary

Lloyds Banking Group is seeking an AI Risk Oversight professional to join the newly established team within the Model Risk Office. You will participate in risk reviews, help strengthen governance frameworks, and collaborate across CCOR functions to safeguard AI initiatives across the lifecycle.

The role offers opportunities for development in a dynamic AI environment, with exposure to regulatory considerations, risk assessment, and cross-functional engagement across data risks, cyber, and

Qualifications

• Experience in model risk, AI governance, compliance, or technology risk.
• Foundational understanding of AI/ML and GenAI risks across lifecycle stages.
• Strong communication with the ability to summarise technical risk findings clearly.
• Exposure to risk or governance frameworks in AI or technology domains.
• Familiarity with second-line risk functions or oversight roles supporting assurance, governance, or regulatory alignment.

Responsibilities

• Assist in executing risk reviews and in strengthening AI governance frameworks.
• Support cross-functional collaboration and documentation of AI risk issues.
• Track AI-related regulatory updates and support impact assessments.
• Help align AI oversight activities with model governance and technology risk processes.

Skills

Model risk

AI governance

Compliance

Technology risk

Cross-functional collaboration

Communication

Tools

Vertex AI

LLMOps

Model tracing tools

Job description

Lloyds Banking Group is seeking an AI Risk Oversight professional to join the newly established team within the Model Risk Office. You will participate in risk reviews, help strengthen governance frameworks, and collaborate across CCOR functions to safeguard AI initiatives across the lifecycle.

The role offers opportunities for development in a dynamic AI environment, with exposure to regulatory considerations, risk assessment, and cross-functional engagement across data risks, cyber, and