PhD Position in Responsible AI in Finance

PhD Position in Responsible AI in Finance

Working at the UvA

Join our team!

As Artificial Intelligence (AI) becomes deeply embedded in financial decision-making, the urgency to warrant its responsible use is increasing –not only for financial institutions but for society at large. Examples include the increasing reliance on complex AI models for tasks ranging from credit risk assessment to fraud detection and investment strategies, as these raise critical concerns about accountability, fairness and transparency of these models, in high-stakes, highly regulated environments.

This PhD project aims to focus on the emerging field of Responsible AI in Finance, with the goal of advancing knowledge and practice at the intersection of AI research, financial risk management and societal regulatory expectations. The candidate will not only have a chance to contribute to shaping the next generation AI systems within the financial practices, but also potentially more transparent, fair, and compliant ones with evolving societal and regulatory expectations.

Working at the UvA

Join our team!

As Artificial Intelligence (AI) becomes deeply embedded in financial decision-making, the urgency to warrant its responsible use is increasing –not only for financial institutions but for society at large. Examples include the increasing reliance on complex AI models for tasks ranging from credit risk assessment to fraud detection and investment strategies, as these raise critical concerns about accountability, fairness and transparency of these models, in high-stakes, highly regulated environments.

This PhD project aims to focus on the emerging field of Responsible AI in Finance, with the goal of advancing knowledge and practice at the intersection of AI research, financial risk management and societal regulatory expectations. The candidate will not only have a chance to contribute to shaping the next generation AI systems within the financial practices, but also potentially more transparent, fair, and compliant ones with evolving societal and regulatory expectations.

All about this vacancy

What are you going to do?

You will investigate one (or some) of the following key challenges:

  • Explainable AI for Stakeholders[: Understanding and improving the interpretability of AI models in financial services, to ensure that algorithmic decisions are clearly communicated to clients, regulators, and executive stakeholders. Additionally, the research could explore how AI agents can support the checks and balances of models, such as improving the (continuous) monitoring of models.
  • Bias Detection and Mitigation: Designing methodologies to identify, quantify, and mitigate bias in AI, especially when regulatory guidelines are incomplete or vague. Implementing robust validation processes and establishing ethical guidelines for AI use in banking. In addition, the negative consequence of hallucinations needs to be addressed by understanding causes and how to limit or mitigate its negative effects.
  • Dynamic Compliance: Exploring how financial institutions can remain compliant and yet become agile as societal norms and technological capabilities change over time. Furthermore, it is interesting to explore how next generation AI methods can support risk analysis, such as by supplementing scenario analysis with the most recent developments to better assess potential new or underestimated risks.
  • AI in Risk Management: Evaluating model quality, addressing hallucinations in foundation models, and ensuring its responsible use in high-risk environments. Additionally, assessing the impact of improved transparency on trust, accountability, and regulatory compliance in the banking sector.

What do you have to offer?

Your experience and profile:

  • MSc in CS, AI or a closely related field.
  • Strong interest in Interest in finance and financial services is a plus.; previous experience in these fields is a plus.
  • Enthusiasm for the research process: studying research papers, solving complex problems, applying creative thinking, evaluation, reflection and disseminating findings via writing and oral presentations.
  • The ability to critically analyse abstract models as well as concrete implementations.
  • The ability to work individually as well as effectively in a team.
  • Fluency in written and spoken English.

Our offer

A temporary contract for 38 hours per week for the duration of 4 years (the initial contract will be for a period of 18 months and after satisfactory evaluation it will be extended for a total duration of 4 years). The preferred starting date can be discussed, ideally before the 1st of October 2025. This should lead to a dissertation (PhD thesis). We will draft an educational plan that includes attendance of courses and (international) meetings. We also expect you to assist in teaching undergraduates and master students.

The gross monthly salary, based on 38 hours per week , ranges between € 2,901 in the first year to € 3,707 in the last (scale P). UvA additionally offers an extensive package of secondary benefits, including 8% holiday allowance and a year-end bonus of 8.3%. The UFO profile Promovendus is applicable. A favourable tax agreement, the ‘30% ruling’, may apply to non-Dutch applicants. The Collective Labour Agreement of Universities of the Netherlands is applicable.

Besides the salary and a vibrant and challenging environment at Science Park we offer you multiple fringe benefits:

  • 232 holiday hours per year (based on fulltime) and extra holidays between Christmas and 1 January;
  • Multiple courses to follow from our Teaching and Learning Centre;
  • A complete educational program for PhD students;
  • Multiple courses on topics such as leadership for academic staff;
  • Multiple courses on topics such as time management, handling stress and an online learning platform with 100+ different courses;
  • 7 weeks birth leave (partner leave) with 100% salary;
  • Partly paid parental leave;
  • The possibility to set up a workplace at home;
  • A pension at ABP for which UvA pays two third part of the contribution;
  • The possibility to follow courses to learn Dutch;
  • Help with housing for a studio or small apartment when you’re moving from abroad.

Are you curious to read more about our extensive package of secondary employment benefits, take a look here.

All about this vacancy

What are you going to do?

You will investigate one (or some) of the following key challenges:

  • Explainable AI for Stakeholders[: Understanding and improving the interpretability of AI models in financial services, to ensure that algorithmic decisions are clearly communicated to clients, regulators, and executive stakeholders. Additionally, the research could explore how AI agents can support the checks and balances of models, such as improving the (continuous) monitoring of models.
  • Bias Detection and Mitigation: Designing methodologies to identify, quantify, and mitigate bias in AI, especially when regulatory guidelines are incomplete or vague. Implementing robust validation processes and establishing ethical guidelines for AI use in banking. In addition, the negative consequence of hallucinations needs to be addressed by understanding causes and how to limit or mitigate its negative effects.
  • Dynamic Compliance: Exploring how financial institutions can remain compliant and yet become agile as societal norms and technological capabilities change over time. Furthermore, it is interesting to explore how next generation AI methods can support risk analysis, such as by supplementing scenario analysis with the most recent developments to better assess potential new or underestimated risks.
  • AI in Risk Management: Evaluating model quality, addressing hallucinations in foundation models, and ensuring its responsible use in high-risk environments. Additionally, assessing the impact of improved transparency on trust, accountability, and regulatory compliance in the banking sector.

What do you have to offer?

Your experience and profile:

  • MSc in CS, AI or a closely related field.
  • Strong interest in Interest in finance and financial services is a plus.; previous experience in these fields is a plus.
  • Enthusiasm for the research process: studying research papers, solving complex problems, applying creative thinking, evaluation, reflection and disseminating findings via writing and oral presentations.
  • The ability to critically analyse abstract models as well as concrete implementations.
  • The ability to work individually as well as effectively in a team.
  • Fluency in written and spoken English.

Our offer

A temporary contract for 38 hours per week for the duration of 4 years (the initial contract will be for a period of 18 months and after satisfactory evaluation it will be extended for a total duration of 4 years). The preferred starting date can be discussed, ideally before the 1st of October 2025. This should lead to a dissertation (PhD thesis). We will draft an educational plan that includes attendance of courses and (international) meetings. We also expect you to assist in teaching undergraduates and master students.

The gross monthly salary, based on 38 hours per week , ranges between € 2,901 in the first year to € 3,707 in the last (scale P). UvA additionally offers an extensive package of secondary benefits, including 8% holiday allowance and a year-end bonus of 8.3%. The UFO profile Promovendus is applicable. A favourable tax agreement, the ‘30% ruling’, may apply to non-Dutch applicants. The Collective Labour Agreement of Universities of the Netherlands is applicable.

Besides the salary and a vibrant and challenging environment at Science Park we offer you multiple fringe benefits:

  • 232 holiday hours per year (based on fulltime) and extra holidays between Christmas and 1 January;
  • Multiple courses to follow from our Teaching and Learning Centre;
  • A complete educational program for PhD students;
  • Multiple courses on topics such as leadership for academic staff;
  • Multiple courses on topics such as time management, handling stress and an online learning platform with 100+ different courses;
  • 7 weeks birth leave (partner leave) with 100% salary;
  • Partly paid parental leave;
  • The possibility to set up a workplace at home;
  • A pension at ABP for which UvA pays two third part of the contribution;
  • The possibility to follow courses to learn Dutch;
  • Help with housing for a studio or small apartment when you’re moving from abroad.

Are you curious to read more about our extensive package of secondary employment benefits, take a look here.

Your place at the UvA

About us

The Faculty of Science (FNWI) has a student body of around 8,000, as well as 1,800 members of staff working in education, research or support services. Researchers and students at the Faculty of Science are fascinated by every aspect of how the world works, be it elementary particles, the birth of the universe or the functioning of the brain.

The mission of the Informatics Institute (IvI) is to perform curiosity-driven and use-inspired fundamental research in Computer Science. The main research themes are Artificial Intelligence, Computational Science and Systems and Network Engineering. Our research involves complex information systems at large, with a focus on collaborative, data driven, computational and intelligent systems, all with a strong interactive component.

The Complex Cyber Infrastructure (CCI) group is part of the Informatics Institute at the University of Amsterdam. CCI focuses on the complexity of human-made systems on all scales. Cyber Infrastructure is rapidly evolving from relatively simple fixed components to programmable and virtualized objects with many degrees of freedom, owned, operated and governed by different entities in multiple administrative domains interacting on the Internet. Harnessing this complexity in a transparent, trustable way for safe and secure data processing is a major research topic that defines the focus of CCI research. The challenges are addressed by combining methods and results from research into distributed data processing, programmable networks, policy reasoning and normative control, hardware and cryptographic security, and software (language) engineering.

AI4FinTech is a community initiated by the University of Amsterdam. Within the community, AI expertise is brought together with expertise in Financial Technology. We aim to become one of the leading locations worldwide in AI4FinTech research and entrepreneurship. The community is open to anyone employed in academia, the financial industry, governmental institutions and others interested in the topic.

More about the UvA

The University of Amsterdam is ambitious, creative and committed. An inspiration to students since 1632, a vanguard player in international science and a partner in innovation.
The University of Amsterdam is the largest university in the Netherlands, with the broadest range of courses on offer. An intellectual hub with 42,000 students, 6,000 staff and 3,000 PhD students. Connected by a culture of curiosity.

Your place at the UvA

This is where you will be working

About us

The Faculty of Science (FNWI) has a student body of around 8,000, as well as 1,800 members of staff working in education, research or support services. Researchers and students at the Faculty of Science are fascinated by every aspect of how the world works, be it elementary particles, the birth of the universe or the functioning of the brain.

The mission of the Informatics Institute (IvI) is to perform curiosity-driven and use-inspired fundamental research in Computer Science. The main research themes are Artificial Intelligence, Computational Science and Systems and Network Engineering. Our research involves complex information systems at large, with a focus on collaborative, data driven, computational and intelligent systems, all with a strong interactive component.

The Complex Cyber Infrastructure (CCI) group is part of the Informatics Institute at the University of Amsterdam. CCI focuses on the complexity of human-made systems on all scales. Cyber Infrastructure is rapidly evolving from relatively simple fixed components to programmable and virtualized objects with many degrees of freedom, owned, operated and governed by different entities in multiple administrative domains interacting on the Internet. Harnessing this complexity in a transparent, trustable way for safe and secure data processing is a major research topic that defines the focus of CCI research. The challenges are addressed by combining methods and results from research into distributed data processing, programmable networks, policy reasoning and normative control, hardware and cryptographic security, and software (language) engineering.

AI4FinTech is a community initiated by the University of Amsterdam. Within the community, AI expertise is brought together with expertise in Financial Technology. We aim to become one of the leading locations worldwide in AI4FinTech research and entrepreneurship. The community is open to anyone employed in academia, the financial industry, governmental institutions and others interested in the topic.

More about the UvA

The University of Amsterdam is ambitious, creative and committed. An inspiration to students since 1632, a vanguard player in international science and a partner in innovation.
The University of Amsterdam is the largest university in the Netherlands, with the broadest range of courses on offer. An intellectual hub with 42,000 students, 6,000 staff and 3,000 PhD students. Connected by a culture of curiosity.

Important to know

Your application & contact

If you feel the profile fits you, and you are interested in the job, we look forward to receiving your application. You can apply online via the button. We accept applications until and including 22 August 2025.

Applications should include the following information (all files apart from your CV should be submitted in one single pdf file):

  • a detailed CV including the months (not just years) when referring to your education and work experience;
  • a letter of motivation;
  • a list of publications, if any;
  • the names, affiliations, and email addresses of two academic referees who can provide details about your academic profile in relation to this position;
  • Transcript of records (BSc + MSc)
  • MSc thesis or any other scientific document you have created, and/or link to any software or other project you created that is available online.

Please make sure to provide ALL requested documents mentioned above.

You can use the CV field to upload your resume as a separate pdf document. Use the Cover Letter field to upload the other requested documents, including the motivation letter, as one single pdf file.

A knowledge security check may be part of the selection procedure.
(for details:
National knowledge security guidelines).

Only complete applications received within the response period via the link below will be considered. Please do not send any applications by email.

We will invite potential candidates for interviews soon after the expiration of the vacancy.

Do you have any questions or do you require additional information? Please contact:

Diversity, Equity & Inclusion

As an employer, the UvA maintains an equal opportunities policy. We value diversity and are fully committed to being a place where everyone feels at home. We nurture inquisitive minds and perseverance and allow room for persistent questioning. With us, curiosity and creativity are the prevailing culture.

Important to know

Your application & contact

If you feel the profile fits you, and you are interested in the job, we look forward to receiving your application. You can apply online via the button. We accept applications until and including 22 August 2025.

Applications should include the following information (all files apart from your CV should be submitted in one single pdf file):

  • a detailed CV including the months (not just years) when referring to your education and work experience;
  • a letter of motivation;
  • a list of publications, if any;
  • the names, affiliations, and email addresses of two academic referees who can provide details about your academic profile in relation to this position;
  • Transcript of records (BSc + MSc)
  • MSc thesis or any other scientific document you have created, and/or link to any software or other project you created that is available online.

Please make sure to provide ALL requested documents mentioned above.

You can use the CV field to upload your resume as a separate pdf document. Use the Cover Letter field to upload the other requested documents, including the motivation letter, as one single pdf file.

A knowledge security check may be part of the selection procedure.
(for details:
National knowledge security guidelines).

Only complete applications received within the response period via the link below will be considered. Please do not send any applications by email.

We will invite potential candidates for interviews soon after the expiration of the vacancy.

Do you have any questions or do you require additional information? Please contact:

As an employer, the UvA maintains an equal opportunities policy. We value diversity and are fully committed to being a place where everyone feels at home. We nurture inquisitive minds and perseverance and allow room for persistent questioning. With us, curiosity and creativity are the prevailing culture.

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