Vice President of Artificial Intelligence Compliance and Oversight

VP - AI Governance

Financial Firm

Wilmington DE

VP Level, 10 years exp

Hybrid, onsite 3 days/wk

Job Summary:

Financial firm in Wilmington DE is seeking a VP of AI Governance and Oversight. In this role you will be responsible for creating a risk management framework to provide overall governance and oversight of AI models and operations across the company. The framework will establish clear AI policies, standards, and controls. Seeking a senior professional with 10 years experience and at least one year of current experience in AI governance. Will be hybrid role, onsite 3 days/wk in Wilmington DE office.

Job Description:

Join us as an experienced professional in AI governance, specializing in the development and refinement of AI policies, standards, and controls. With a focus on ensuring compliance with regulatory and ethical standards, they contribute to optimizing AI workflow processes and enhancing AI operating models. Skilled in supporting AI/ML committees and working groups, they document key discussions, manage action items, and provide comprehensive support for generative AI use cases, from risk assessment to final approval.

Responsibilities:

To design frameworks, provide governance of model risk, controls, infrastructure and reporting as well as providing oversight for compliance of the Model Owner community with the Model Risk Management framework

• Development, maintenance and management of a globally consistent model risk framework that complies with the firm’s major regulatory requirements.
• Delivery of model inventory and workflow, including associated data quality & reporting and oversight of Quantitative Processes.
• Assessment of the controls employed by the various areas of the company which own models to determine their level of compliance with and implementation of the Model Risk Framework.
• Establishment of the Model risk appetite. Model risk tolerance reports are provided to the respective Group level and legal entity committees where relevant.
• Management of the strategic Validation Center of Excellence, performing independent quality assurance to assess whether validation outcomes are well supported by IVU’s assessment of the model.
• Oversight of regulatory and audit responses and interactions within MRM.

Vice President Expectations

• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.