Model Risk Advisor

Job Description:

• Promote awareness, understanding, and adoption of AI governance policies, standards, and responsible AI practices across the enterprise AI community
• Establish and maintain an inventory of statistical, machine learning, AI, and GenAI models, including ownership, risk ratings, and required metadata
• Assess model risk based on complexity, regulatory requirements, business impact, and usage
• Identify emerging risks associated with AI and model activities
• Implement and maintain Model Risk Management frameworks, processes, controls, policies, standards, and procedures
• Monitor model performance, governance controls, KRIs, and compliance with policies and standards
• Support model validation and testing by defining scope, assessing results, documenting findings, and communicating recommendations
• Participate in AI Model Governance oversight activities, audits, peer reviews, governance reviews, and risk assessments
• Develop reporting, metrics, and executive-level insights on AI governance, model risk, control effectiveness, and areas of concern
• Partner with internal teams, Enterprise Risk, auditors, and external suppliers to maintain governance documentation and address risks
• Monitor evolving regulatory and Department of Insurance expectations related to AI and model risk
• Improve, automate, and streamline AI governance processes, tools, and controls
• Evaluate governance processes and tools, resolve issues, and recommend improvements

Requirements:

• 4+ years of experience in Model risk management related practices, risk, and audit
• Bachelor's degree in computer science, information management, data science or a related field
• Four years of work experience in AI Model governance, Model Risk Management, or Audit, information management can be substituted in lieu of a degree in addition to the minimum years of work experience
• Knowledge of compliance monitoring and/or auditing principles
• Knowledge of privacy, security, and AI Model governance standards
• Ability to author and communicate technical and business information and explain complex or technical AI Model governance topics
• Good written and verbal skills, including ability to translate technical information into easily understood concepts
• Strong strategic, interpersonal, communication, and critical thinking skills
• Experience deploying AI Model governance and Model Risk programs across a large enterprise
• Experience establishing, enforcing, and monitoring AI Model Governance policies, standards, and controls
• Proven experience in AI ethics, governance, compliance, or related roles
• Knowledge of AI governance principles, ethical considerations, regulatory compliance, EU AI Act, AI Executive Order, and NIST framework
• Understanding of bias testing and remediation for machine learning and generative AI models
• Understanding of risk and compliance principles applied to AI Model Governance and data management solutions
• Ability to lead and influence change within complex organizational structures
• Strong social skills and ability to collaborate at all organizational levels
• Applicants must have authorization to work indefinitely in the United States
• CSAA does not provide visa sponsorship; applicants must not require immigration support
• Certification in Model Risk Management or similar is listed as something that would make the employer excited
• Hands-on experience with Collibra or similar data management tools is listed as something that would make the employer excited

Benefits:

• Annual bonus eligibility / Annual Incentive Plan (AIP) of up to 8% of eligible pay
• 401(k) with a company match
• Career growth, leadership and mentorship support
• Remote-first Flexible Workplace / Home-Flex roles
• Flexibility to work from various locations including CSAA offices
• Inclusive and welcoming workplace
• Employee resource group participation and volunteering opportunities
• Reasonable accommodations for qualified applicants and employees with disabilities or other limitations