Director, AI Risk Management
Ontario 1 day ago
Job Description
Requisition ID:
Join a purpose driven winning team, committed to results, in an inclusive and high:performing culture.
Leads and oversees a team within the Data and AI Risk (DAIR), GRM group ensuring the Enterprise Artificial Intelligence (AI) Risk strategies, implementation program and mandated activities are executed / delivered in compliance with the governing regulations, internal policies and procedures, and in support of innovation and business strategy.
Is this role right for you? In this role, you will:
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Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge to execute the AI Risk Management Program.
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Help VP, Data and AI Risk to shape the Enterprise AI Risk strategies.
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Design and implement the AI Risk Program including management of AI Risk Management policies and procedures, and processes.
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Establish AI risk management oversight and challenge function to support identification and assessment of AI risk in collaboration with other risk partners.
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Lead the roll:out and ongoing execution of the AI Risk Management Program among business lines/corporate offices and geographies, which includes but is not limited to the following:
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Develop, refine, and enhance the assigned AI risk framework components, policies, procedures, processes, tools, and metrics with the objective to improve the effectiveness and efficiency of the data, analytics.
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Ensure AI Risk Management policy enforcement and compliance through appropriate governance and oversight mechanisms
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Establish and lead the execution of the 2nd line risk oversight, effective challenge, risk measurement and reporting (NIRAs, RCSA, internal management reports, senior management, and/or Board reports)
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Advise and collaborate with CIDA, analytics groups, other partners, and stakeholders with regards to the AI risk management principles, standards, controls, and best practices.
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Support CIDA, analytics groups, and other key partners with identification, communication and reporting of relevant AI risk priorities, successes, issues, regulatory expectations.
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Guide and influence various stakeholders across the organization to achieve the goals defined in the DAIR and AI Risk Management strategies and programs
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Support resolution of risk governance and management issues by driving coordination and alignment.
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Lead AI risk awareness events and training sessions on AI risk management framework, policy, 2nd line of defense processes, metrics and reporting.
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Provide oversight on the prioritization and remediation plans for AI risk related issues: measure, report and monitor key AI risk indicators, identify compliance gaps and risk issues, guide risk impact:focused gap and issue prioritization and creation of action plans to remediate gaps and issues, monitor plan execution.
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Ensure that own and team'
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