IRM-Model Risk Mgmt-Unit Head-Generative AI Validation

Job Title

Unit Head - Model Risk Oversight & Research

Business Unit

Integrated Risk Management

Reporting To

IRM - Model Risk Management Vertical Head

Job Function and Role Type

Model Risk Oversight & Research, Supervisory Role, Moderate Travel Required

Version No

1

Job Purpose

Set strategic direction for enterprise-wide model risk and AI governance while driving cultural transformation and innovation. Provide executive leadership in shaping organizational approach to model risk and AI governance while managing C-suite relationships and regulatory expectations.

Key Responsibilities

Model Risk Oversight & Strategic Leadership

Set strategic direction for model risk and AI governance.

Lead Model Risk Management Committee and AI/ML Council.

Drive innovation in governance approaches.

Manage senior stakeholder and regulatory relationships.

Governance & Policy

Oversee model risk policy framework.

Drive AI governance strategy and standardization initiatives.

Ensure regulatory compliance and oversee policy development.

Team & Project Management

Lead team of professionals and strategic projects.

Drive career development, performance, and talent management.

Oversee system implementation and automation initiatives.

Risk Management

Oversee model risk assessments and AI risk management.

Manage validation frameworks and emerging risks.

Lead risk reporting to Board and develop risk metrics.

Innovation & Development

Drive governance innovation and industry engagement.

Lead research initiatives and thought leadership.

Develop strategic partnerships and awareness programs.

AI Research

Research and design model risk frameworks for AI/ML and GenAI models.

Enhance model validation methodologies for evolving AI risks.

Develop AI/ML validation toolkits and best practices.

Conduct emerging risk research and design test scenarios.

Education:

Master's degree in Statistics, Mathematics, Economics, AI, Machine Learning, Computer Science, or MBA in Finance.

Certifications:

AI/ML certifications preferred, leadership/management certifications valued.

Key Competencies

Strategic leadership, model risk management, AI/ML governance, stakeholder management, project portfolio management.

Major Stakeholders

C-suite executives, regulatory bodies, cross-functional teams.