Senior Manager - Model Risk Management, Artificial Intelligence

September 15

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Identity and Access Management • Integration Platform as a service • Ballerinalang • Choreo • API Management

501 - 1000

💰 $3M Series E on 2022-05

Description

• Support development of AI and GenAI model risk frameworks for second line of defense oversight and governance • Partner with risk and compliance practitioners to enhance and mature existing model risk management routines and framework • Conduct control testing examinations to ensure compliance with GenAI, Model, and Data Classification/Handling policies • Support other model risk management activities, exams and process improvements, including AML monitoring, fraud risk, trading, and sanction screening tools and solutions • Develop look-back testing routines to ensure businesses maintain consistency and compliance with approved GenAI use case, scope, purpose, and data use • Analyze and evaluate effectiveness of business monitoring processes that ensure AI generation and output are fit for purpose, accurate, and void of bias or defects • Collaborate with business owners to foster and mature AI model risk governance practices across the enterprise • Manage enterprise inventory of AI models, owners, and vendors • Develop executive level reporting on AI model governance for leadership and board updates • Support third-party risk management initiatives regarding AI use and data protection • Stay current on AI developments, trends, and regulations • Serve as the primary subject matter expert for enterprise model risk management standards, program governance and framework • Facilitate model risk management committee and outreach initiatives • Develop key metrics reporting for business stakeholders and executive leadership • Provide on demand support during the regulatory exams on model risk management and periodic reviews performed by the Internal Audit

Requirements

• Minimum of five years of experience building, testing, implementing, or validating models in a financial services technology, banking, payments, merchant/acquiring, audit/consulting, business software, retail or online services company • Experience with general Risk Management concepts and validation techniques used in model risk management • Highly analytical with ability to self-learn and apply effective challenge to processes and procedures • Ability to communicate and document findings, observations, and risk issues for executive level reporting • Ability to interpret technical documents and evaluate for accuracy and completeness • Ability to carry out Program objectives, improve existing processes, and represent a global risk function • Ability to think critically and work independently on highly visible products • Self-motivated with ability to engage business stakeholders and embed risk and compliance disciplines into business operations • Strong written, verbal, and analytical, and organizational skills • Able to work autonomously to set priorities and manage multiple tasks across various timelines • Advanced understanding of applicable regulatory rules, guidance, or supervisory letters

Benefits

• A voice in the future of fintech • Always-on learning and development • Collaborative work environment • Opportunities to give back