AI Model Risk Manager
| Posting date: | 02 February 2026 |
|---|---|
| Salary: | £72,702 to £80,780 per year |
| Hours: | Full time |
| Closing date: | 16 February 2026 |
| Location: | Edinburgh, Edinburgh, EH3 9BS |
| Remote working: | Hybrid - work remotely up to 3 days per week |
| Company: | Lloyds Banking Group |
| Job type: | Permanent |
| Job reference: | 149711_1770030231 |
Summary
JOB TITLE: AI Model Risk Manager
SALARY: £72,702 - £80,780
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
Help shape the future of responsible AI as a Risk Manager within our Model Risk team. You'll validate AI models, assess risks such as bias and robustness, and support governance activities across Insurance, Pensions & Investments.
Day to day, you will:
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Deliver independent validation and testing for AI models.
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Assess risks including bias, robustness and hallucination.
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Support the implementation and development of the AI Assurance Framework.
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Participate in key governance forums.
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Actively contribute to the upskilling and professional development of team members.
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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:
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Proven experience deploying AI models safely and responsibly within financial services or other highly regulated environments.
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Demonstrated experience managing data quality, model performance, and ongoing monitoring challenges across the AI model lifecycle.
And any experience of these would be really useful:
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Experience in risk management for financial services.
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Ability to communicate technical issues clearly.
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Strong judgement and ethical standards.
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Ability to collaborate with a range of technical and non-technical stakeholders.
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.
Proud member of the Disability Confident employer scheme