The alignment of large language models (LLMs) is crucial for generating helpful and harmless content. Existing approaches leverage preference-based human feedback data to learn the reward function and align the LLM with the feedback data. However, these approaches focus on modeling the reward difference between the chosen and rejected demonstrations, rather than directly modeling the true reward from each demonstration. Moreover, these approaches assume that the reward is only obtained at the end of the sentence, which overlooks the modeling of intermediate rewards. These issues lead to insufficient use of training signals in the feedback data, limiting the representation and generalization ability of the reward and potentially resulting in reward hacking. In this paper, we formulate LLM alignment as a Bayesian Inverse Reinforcement Learning (BIRL) problem and propose a novel training objective, Approximated Variational Alignment (AVA), to perform LLM alignment through Approximated Variational Reward Imitation Learning (AVRIL). The BIRL formulation facilitates intermediate reward modeling and direct reward modeling on each individual demonstration, which enhances the utilization of training signals in the feedback data. Experiments show that AVA outperforms existing LLM alignment approaches in reward modeling, RL fine-tuning, and direct optimization.

In natural language processing (NLP), the focus has shifted from encoder-only tiny language models like BERT to decoder-only large language models(LLMs) such as GPT-3. However, LLMs' practical application in the financial sector has revealed three limitations: (1) LLMs often perform worse than fine-tuned BERT on discriminative tasks despite costing much higher computational resources, such as market sentiment analysis in financial reports; (2) Application on generative tasks heavily relies on retrieval augmented generation (RAG) methods to provide current and specialized information, with general retrievers showing suboptimal performance on domain-specific retrieval tasks; (3) There are additional inadequacies in other feature-based scenarios, such as topic modeling. We introduce FinBERT2, a specialized bidirectional encoder pretrained on a high-quality, financial-specific corpus of 32b tokens. This represents the largest known Chinese financial pretraining corpus for models of this parameter size. As a better backbone, FinBERT2 can bridge the gap in the financial-specific deployment of LLMs through the following achievements: (1) Discriminative fine-tuned models (Fin-Labelers) outperform other (Fin)BERT variants by 0.4%-3.3% and leading LLMs by 9.7%-12.3% on average across five financial classification tasks. (2) Contrastive fine-tuned models (Fin-Retrievers) outperform both open-source (e.g., +6.8% avg improvement over BGE-base-zh) and proprietary (e.g., +4.2% avg improvement over OpenAI's text-embedding-3-large) embedders across five financial retrieval tasks; (3) Building on FinBERT2 variants, we construct the Fin-TopicModel, which enables superior clustering and topic representation for financial titles. Our work revisits financial BERT models through comparative analysis with contemporary LLMs and offers practical insights for effectively utilizing FinBERT in the LLMs era.