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Risk Manager - AI Model Risk
full-timeCity of Edinburgh, Bristol$70k - $78k

Summary

Location

City of Edinburgh, Bristol

Salary

$70k - $78k (GBP)

Type

full-time

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About this role

End Date

Friday 06 February 2026

Salary Range

£70,929 - £78,810

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

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

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.

Job Description

We’re looking for a Risk Manager with an interest in AI to support independent oversight of AI models, including machine learning, Generative AI and Agentic AI, across Insurance Pensions & Investment. You’ll assess lifecycle risks, support development of safe AI, and contribute to processes that test whether systems remain trustworthy and reliable.

WHAT YOU’LL BE DOING

• Deliver independent validation and testing for AI models.

• Assess risks including bias, robustness and hallucination.

• Support the AI Assurance Framework and governance forums.

• Work collaboratively with technical and business teams.

• Actively contribute to the upskilling and professional development of team members.

WHAT YOU’LL BRING

• Understanding of AI risks and lifecycle.

• Technical expertise in AI methodologies.

• Analytical and problem‑solving skills.

• Clear communication for technical and non‑technical audiences.

• Ability to manage competing priorities.

• Curiosity and teamwork.

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.

Other facts

Tech stack
AI Risks,AI Methodologies,Analytical Skills,Problem-Solving Skills,Communication Skills,Teamwork,Curiosity,Risk Assessment,Model Validation,Governance,Bias Assessment,Robustness Assessment,Lifecycle Risks,Collaboration,Upskilling,Professional Development

About Lloyds Banking Group

Our purpose is Helping Britain Prosper. We do this by creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good.

We're part of an ever-changing industry and are currently on a journey to shape the financial services of the future, whilst supporting our customers’ changing needs.

The scale and reach of our Group means we can offer a broad range of opportunities to learn, grow and develop. Our values-led culture and approach to inclusion and diversity means we can all make a real difference together.

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Financial Services

What you'll do

  • The Risk Manager will validate AI models and assess risks such as bias and robustness. They will also support governance activities across Insurance, Pensions & Investments.

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Frequently Asked Questions

What does Lloyds Banking Group pay for a Risk Manager - AI Model Risk?

Lloyds Banking Group offers a competitive compensation package for the Risk Manager - AI Model Risk role. The salary range is GBP 71k - 79k per year. Apply through Clera to learn more about the full compensation details.

What does a Risk Manager - AI Model Risk do at Lloyds Banking Group?

As a Risk Manager - AI Model Risk at Lloyds Banking Group, you will: the Risk Manager will validate AI models and assess risks such as bias and robustness. They will also support governance activities across Insurance, Pensions & Investments..

Why join Lloyds Banking Group as a Risk Manager - AI Model Risk?

Lloyds Banking Group is a leading Financial Services company. The Risk Manager - AI Model Risk role offers competitive compensation.

Is the Risk Manager - AI Model Risk position at Lloyds Banking Group remote?

The Risk Manager - AI Model Risk position at Lloyds Banking Group is based in City of Edinburgh, Scotland, United Kingdom and Bristol, England, United Kingdom. Contact the company through Clera for specific work arrangement details.

How do I apply for the Risk Manager - AI Model Risk position at Lloyds Banking Group?

You can apply for the Risk Manager - AI Model Risk position at Lloyds Banking Group directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Lloyds Banking Group on their website.