Senior AI Model Risk Manager

End Date

Monday 16 February 2026

Salary Range

£0 - £0

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

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Job Description

JOB TITLE: Senior AI Model Risk Manager

SALARY: £92,701 - £109,060

LOCATION(S): Edinburgh, Bristol

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites

An amazing opportunity to critically assess the level of model risk facing the Insurance, Pensions & Investment business from AI models. 

About this opportunity

Join us as a Senior Risk Manager specialising in AI model risk. You’ll lead independent oversight of AI models, shape our AI Assurance Framework, and provide expert challenge across high‑profile initiatives in Insurance, Pensions & Investments. This role offers significant exposure to senior leaders and a chance to influence how responsible AI is delivered across the Group.

Day to day, you will:

• Lead independent validation of complex AI models.
• Strengthen AI controls and shape the Group AI Assurance Framework.
• Support and deputise for the Head of Model Risk Management.
• Participate in key governance forums.
• Actively contribute to the upskilling and professional development of team members.
• Provide advice on regulatory developments.
• Build strong relationships across risk, actuarial, data and technical teams.

Why Lloyds Banking Group

We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

What you’ll need:

• Proven experience deploying AI models safely and responsibly within financial services or other highly regulated environments.
• Demonstrated experience managing data quality, model performance, and ongoing monitoring challenges across the AI model lifecycle.
• Ability to communicate technical issues clearly.
• Strong judgement and ethical standards.
• Ability to collaborate with a range of technical and non-technical stakeholders.

And any experience of these would be really useful:

• Experience in risk management for financial services.

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%

• An annual performance-related bonus

• Share schemes including free shares

• Benefits you can adapt to your lifestyle, such as discounted shopping

• 30 days’ holiday, with bank holidays on top

• A range of wellbeing initiatives and generous parental leave policies

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.