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Senior AI Model Risk Manager

Job in City of Edinburgh, Edinburgh, City of Edinburgh Area, EH1, Scotland, UK
Listing for: Lloyds Banking Group
Full Time position
Listed on 2026-02-17
Job specializations:
  • IT/Tech
  • Finance & Banking
Salary/Wage Range or Industry Benchmark: 92701 - 109060 GBP Yearly GBP 92701.00 109060.00 YEAR
Job Description & How to Apply Below
Location: City of Edinburgh

Overview

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.

Responsibilities
  • 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.
Experience that would be 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

Benefits
  • 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.

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Position Requirements
10+ Years work experience
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