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About the role
*Preference of this position to be located in Washington DC, New York or Louisville, KY.
What they're looking for
- Define model risk appetite, risk taxonomy, minimum control standards, governance requirements and escalation thresholds
- Provide effective challenge over model development, validation, implementation, monitoring and performance
- Oversee the enterprise model inventory and ensure appropriate ownership, accountability, documentation, and risk classification
- Establish standards for model validation, including conceptual soundness, performance, stability, data quality, bias, explainability and ongoing monitoring
- Ensure appropriate governance over third-party and externally developed models
- Develop and oversee the organization’s Responsible AI framework and principles
More about this role
The Associate Vice President, Model & AI Governance, is the enterprise leader responsible for establishing and overseeing the organization’s framework for model governance, artificial intelligence (AI) risk management, responsible AI and AI governance.
Reporting to the Chief Audit & Risk Officer, this executive provides independent second-line oversight and challenge of the organization’s use of models, advanced analytics, machine learning, generative AI, and emerging AI technologies. The role establishes the governance, risk-management, control, monitoring and escalation framework necessary to ensure AI models are deployed in a manner that is safe, ethical, transparent, explainable, compliant, secure and aligned with the organization’s mission and risk appetite.
The Associate Vice President, Model & AI Governance, partners closely with executive leadership, technology, data and analytics, clinical/business leaders, compliance, legal, privacy, cybersecurity, information security, internal audit, enterprise risk management and other control functions to ensure AI-related risks are identified, assessed, governed, monitored, and appropriately reported.
This leader will serve as an...
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