Senior Technology & Model Risk Manager

At Enact Mortgage Insurance (Nasdaq: ACT), we understand that there’s no place like home. That’s why we bring our deep expertise, insightful offerings, and extra mile service to work every day to help lenders put more people in homes and keep them there.

We’re looking for a Senior Technology & Model Risk Manager in Raleigh, NC to join us in fulfilling our mission, while utilizing our values of excellence, improvement, and connection. Reporting to the Director of Operational Risk Management, this strategic role operates at the intersection of model risk, artificial intelligence, technology, data, and governance. You will partner with business and technology leaders across the organization to provide independent challenge, identify emerging risks, and deliver risk-informed insights that strengthen governance and support business decision‑making.

A significant focus of this role includes Model Risk Management and AI Governance, with opportunities to expand the Risk Team’s oversight and advisory capabilities across related areas such as data governance, enterprise change, and technology‑enabled initiatives, helping strengthen enterprise risk insights and support informed decision‑making.

Enact Headquarters, Raleigh, NC – Hybrid Schedule

• Lead the organization’s Model Governance Program through ownership of the Model Risk Management (MRM) Framework, model inventory, governance processes, and the Model Governance Committee. Perform, coordinate, or oversee independent model validation activities as appropriate, applying quantitative, statistical, and analytical techniques to evaluate model design, assumptions, limitations, performance monitoring, conceptual soundness, and outcomes. Provide independent risk oversight and effective challenge throughout the model lifecycle and drive ongoing enhancement of model governance practices and program maturity.
• Partner with stakeholders across the enterprise to support the ongoing evolution of the organization’s AI Governance Framework, providing risk advisory support and effective challenge related to AI use cases, governance processes, risk assessments, monitoring activities, and emerging regulatory expectations. Assess and monitor AI‑related risks and help promote the responsible adoption and use of artificial intelligence technologies.
• Develop meaningful reporting, metrics, and risk insights that enable management and governance committees to effectively oversee model and AI‑related risks across the enterprise.
• Monitor emerging model, AI, and technology‑related risks, evolving industry practices, and regulatory expectations to ensure governance frameworks remain effective, scalable, and fit for purpose.
• Serve as a trusted advisor to stakeholders by providing guidance and education on model, AI, and technology‑related risks, governance expectations, and emerging industry practices, while helping teams understand risks, evaluate alternatives, and implement practical solutions.

• Partner with business, technology, product, and project leaders to provide risk oversight, advisory support, and effective challenge for significant strategic, technology, operational, and transformation initiatives. Analyze risks, control effectiveness, and implementation approaches; help stakeholders understand relevant risks, evaluate alternatives, and develop pragmatic solutions that support business objectives while maintaining appropriate governance and risk management.
• Evaluate governance effectiveness, implementation readiness, decision‑making processes, cross‑functional dependencies, and emerging risks to help ensure material risks are appropriately identified, understood,…