AI Risk Oversight Senior Manager - Markets & AI Modelling - Model Risk Office

ZipRecruiter; England; Hybrid; GBP 104,000 - 124,000; Full time

Job summary

Join a leading company in AI risk oversight, managing compliance and governance in a hybrid environment. You will oversee AI deployment strategies, coordinate risk reviews, and engage with stakeholders, contributing to a transformative vision within the industry.

Benefits

Annual performance-related bonus

Generous pension contribution (up to 15%)

Private health cover

Share schemes

30 days holiday plus bank holidays

Qualifications

• Proven leadership in model risk and compliance.
• Deep understanding of AI/ML risks.
• Experience in risk frameworks for AI technologies.

Responsibilities

• Manage and enhance AI risk oversight activities.
• Lead oversight of AI/GenAI deployment focusing on transparency and regulatory alignment.
• Shape AI oversight methodologies and evaluate governance.

Skills

Leadership

AI Governance

Communication

Model Risk

Compliance

Job description

Job Description
End date Thursday 29 May 2025

Salary range £104,686 - £123,160

We support agile working Click here for more information on agile working options.

Agile Working Options Job Share; Hybrid Working

Job description

You’ll be responsible for managing and enhancing AI risk oversight activities covering areas such as regulatory compliance, ethical AI governance, and AI system security risks. You’ll set strategy, shape risk assessment frameworks, and support assurance functions for AI use cases. You will also be responsible for:

• Lead the Group’s oversight of AI/GenAI deployment, with a focus on transparency, fairness, security, and regulatory alignment.
• Coordinate AI risk reviews across the model lifecycle, covering risk identification, control design, regulatory readiness, and technical oversight.
• Shape and maintain AI oversight methodologies, policies, and assurance processes.
• Assess governance coverage across AI components: data, model, UI, hosting, and integrations.
• Engage senior stakeholders to coordinate AI risk responses and escalations.
• Drive improvements in AI risk classification, control frameworks, and mitigation approaches.
• Keep the team and stakeholders informed on emerging regulations (e.g. EU AI Act, FCA SS1/23) and AI risk trends.

What skills and experience can you bring to the role?

• Proven leadership experience in model risk, AI governance, technology risk, or compliance in a complex regulated environment.
• A deep understanding of AI/ML and GenAI risks across lifecycle phases (e.g. data handling, validation, monitoring, security).
• Strong communication skills to influence senior stakeholders, including presenting to risk committees.
• Experience designing or applying risk frameworks to AI technologies.
• Track record in leading risk or oversight teams within a 1st and/or 2nd Line of Defence context.

And any experience of these would be a plus:

• Familiarity with security risk concepts: data leakage, prompt 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.

It is a very exciting time to join LBG. Together we'll continue our market leading, ground-breaking transformation and you'll help us realise the Group's vision to become the Best Bank for Customers. Here, you'll grow as a person and develop your career.

As well as a competitive salary (dependent upon experience) you’ll receive:

• An annual performance-related bonus
• Generous pension contribution (of up to 15%)
• Private health cover
• Share schemes
• 30 days holiday plus bank holidays
• A range of wellbeing initiatives and generous parental leave policies

Lloyds Banking Group is committed to building a workforce which reflects the of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We're an equal opportunity employer and deeply value within our organisation.

We've gained industry recognition including Stonewall Top 100 Employer, Top 30 Employer for Working Families, Gold Standard 2014 from the Business Forum and Top 50 Employer for Women.

We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a , long-term health condition or neurodivergent condition. If you’d like an adjustment to the recruitment process just let us know.

Join us and grow with purpose - This is a once in a career opportunity to help shape your future as well as ours.