AI Risk Governance Lead

AI RISK GOVERNANCE LEAD

WHAT IS THE OPPORTUNITY?

In support of CNB's strategic goal of becoming an Artificial Intelligence (AI) enabled bank, this role provides AI risk governance expertise that enables efficient and effective execution of AI risk strategy and initiatives while maintaining RBC's desired risk profile through robust risk oversight. This role also supports the design and implementation of CNB's AI risk governance framework aligned with related frameworks and policies and oversights the portfolio of internal policies and external regulations in relation to AI.

• Support adoption / adaptation of RBC's AI risk management framework and governance processes across the first and second line at City National Bank aligned with related frameworks and policies.
• In collaboration with Enterprise, develop, implement, and monitor effectiveness of the Group Risk Management (GRM) AI initiative strategy to deliver efficiencies in GRM operational processes. Identify and support implementation of relevant use cases for GRM.
• Works with various regulatory support functions for continuous monitoring and exam management, business unit/corporate and enterprise-wide business support groups to manage with cross-functional level issues associated with risk measurement.
• Work closely with enterprise stakeholders to ensure full adherence to responsible AI principles across the organization and establish and maintain ethical standards for our growing AI capabilities including assessment of GRM use cases inclusive of RBC existing capabilities.
• Aid in development and enhancement of CNB AI governance, policies and procedures including second line oversight of AI strategy.
• Act as a trusted advisor and an effective challenger to business leaders on AI strategy, initiatives and risks.
• Define clear ownership, roles, responsibilities, and accountability across business lines/functions in relation to AI.
• Drives day-to-day Core Team activities to meet project milestones and keep functions on track.
• Develops effective communication and training materials.
• Provide thought leadership in developing and executing processes with strategic importance and high visibility with CNB leadership.
• Regularly prepares status reports, performance metrics, presentations and guidance in accordance with the GRM program and financial industry regulations, ad-hoc and as requested by management.
• Assess AI-related risks, provide oversight and challenge, and monitor compliance with internal policies and external regulations while establishing the guidelines for the implementation of 2nd line of defense on AI requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Code of Conduct, etc.).
• Successfully completes all required training and special projects as requested.

Required Qualifications

• Bachelor's Degree or equivalent
• 15+ years of progressive experience managing cross function initiatives to drive policy, regulatory, and business change in complex organizations.
• A strong understanding of AI concepts, technologies, and associated risks. Practical experience with AI model development or deployment would be a significant advantage.
• Extensive knowledge of data management including front-to-back data flows and processing, usage, and reporting.
• Extensive experience in developing Data Management/Governance solution for major financial institution.
• Expert collaboration and relationship management skills with the ability to manage ambiguity to drive impactful outcomes.
• Expert oral communication and presentation skills with extensive experience facilitating discussion and building consensus.
• A genuine interest or passion for AI Models, AI Technologies.
• Demonstrated ability to lead and manage teams effectively.
• Experience in interpreting and applying relevant regulations and industry best practices.

Additional Qualifications

• Prior experience with developing or enhancing AI/GenAI and/or technology/operational risk programs, and executing on regulatory remediation projects at banks or other financial institutions desired
• Quantitative analysis (preferably in Model governance) and data management experience required.
• Must possess demonstrated ability to think critically and facilitate change through collaborative effort.
• Strong interpersonal, verbal and written communication skills.
• Extensive knowledge and experience with various reporting, analysis, and presentation tools including MS Excel, PowerPoint.
• Proven ability to communicate and collaborate with cross-functional and senior stakeholders, influence decision-making at the higher levels of the organization and navigate a matrixed environment.
• Familiarity with evolving global AI regulatory landscapes.
• Understanding of AI technical concepts and data management.
• Advanced Master's degree or MBA will be a plus.

Starting base salary: $114,863 - $213,313 per year. Exact compensation may vary based on skills, experience, and location.

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