Description
JOB TITLE: A.I Risk Consultant
SALARY: £65,385 - £72,650
LOCATIONS: Halifax, Leeds or Manchester
HOURS: Full-time - 35 hours per week
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 listed above.
About this opportunity
We’re transforming how we deliver and run technology at Lloyds Banking Group. We’re building modern, innovative solutions using new technologies to better serve our customers and doing it safely.
To achieve this, our systems must be resilient, available and able to recover quickly when issues occur. We need clear visibility of risks, strong ownership, and meaningful insights that support informed decision‑making.
We want technology risk to be understood, not just processed. Our goal is to highlight the real impact of decisions, help leaders make confident choices, and use operational data to understand our risk exposure in real time.
As we adopt new technology, we’re also putting technical guardrails in place — making it easy for engineers to do the right thing, and harder to do the wrong thing.
How can you help us make this happen?
The role focuses on ensuring that the adoption of Artificial Intelligence, Machine Learning, Generative AI, and AI‑enabled third‑party services does not introduce unacceptable levels of technology, resilience, or operational risk, and that AI solutions are implemented in a way that is safe, resilient, well‑governed, and aligned to risk appetite and regulatory expectations.
Operating at Level 2, the role does not own or build AI solutions, but instead:
1. Challenges design and architectural decisions
2. Assesses AI‑specific failure modes and dependencies
3. Provides thematic and scenario‑led risk insight
4. Influences safer outcomes through evidence‑based oversight
The role works closely with Technology, Engineering, Data, Security, Model Risk, and Compliance teams, providing atechnology‑centric risk lens on AI use cases while coordinating with other risk specialists for non‑IT risk dimensions (e.g. data ethics, model bias, or consumer harm).
We’re looking for capable, articulate, and motivated individuals with:
5. Deep operational expertise aligned to IT systems risk across a financial services group.
6. Detailed knowledge of key Artificial Intelligence risks facing financial services, with proven ability to assess and manage risk, set policy, design controls, provide assurance, and balance risk and reward.
7. Experience in IT Risk, Technology Risk, Operational Resilience, or IT Service Risk, ideally within a 2LoD oversight or assurance role.
8. Strong understanding of enterprise technology environments, including cloud, distributed systems, APIs, and platform‑based architectures.
9. Experience assessing risk across end‑to‑end technology stacks, rather than isolated components.
AI‑Specific Experience (Essential)
10. Practical experience assessing or working with AI‑enabled systems, such as Generative AI / LLM‑based tools, ML platforms and pipelines, AI‑enabled SaaS or vendor products
11. Understanding of how AI systems differ from traditional applications
12. Ability to identify AI technology risks without needing to be a data scientist or model developer.
Desirable Knowledge & Exposure
13. Familiarity with AI risk and governance frameworks (e.g. NIST AI RMF, ISO/IEC 42001, emerging regulatory standards) and OWASP guidance.
14. Awareness of regulatory expectations around AI, operational resilience, and third‑party risk.
15. Experience working alongside Model Risk, Data Risk, or Cyber Security teams, understanding how responsibilities intersect.
16. Strong understanding of laws, regulations, industry standards, and technical practices. Experience developing and owning group-level policy, setting risk appetite, and monitoring group exposure.
17. Experience as a Risk Specialist business partner, collaborating with Risk Owners, Control Owners, and Control Offices.
18. Understanding of the roles across all lines of defence and ability to act as the primary Operational Risk expert.
19. Experience building effective, data-led Operational Risk control objectives, including with external regulators.
20. Ability to inspire and mentor others, fostering inclusive collaboration and building teams aligned to our Group Strategy and Purpose.
What's in it for you?
You'll have both opportunity and profile. We'll provide you with a diverse, energising and lively environment that focuses on equal opportunity and real career progression in a leading digital organisation.
We'll take your personal and professional development very seriously, and give you access to industry-leading tech education as well as all the feedback and support you need to help you achieve your career goals.
We also offer a wide-ranging benefits package, which includes:
21. A generous pension contribution of up to 15%
22. An annual performance-related bonus
23. Share schemes including free shares.
24. Benefits you can adapt to your lifestyle, such as discounted shopping.
25. 30 days’ holiday, with bank holidays on top
26. A range of wellbeing initiatives and generous parental leave policies
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. 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.
So, if you have a desire to work in an exciting role in a dynamic environment, whilst gaining skills and experience within a friendly and motivated team then 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.