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AI Model Risk Management Specialist

2 months ago


Halifax, Nova Scotia, Canada Royal Bank of Canada> Full time
About the Role

We are seeking a highly skilled AI Model Risk Management Specialist to join our team at Royal Bank of Canada. As a key member of our Enterprise Model Risk Management team, you will play a critical role in overseeing, assessing, and managing the model risk associated with our AI capabilities.

Key Responsibilities
  • Model Risk Management: Design and execute validation frameworks to identify risks associated with AI models, exploring considerations such as conceptual soundness, data processing, metric reproducibility & stability, benchmarking, robustness, uncertainty quantification, fairness, privacy, explainability, implementation controls, and more.
  • Research and Development: Stay up-to-date with the latest research and technology in AI and machine learning, and apply this knowledge to enhance our model validation processes and contribute to our knowledge pool.
  • Collaboration and Governance: Work with cross-functional stakeholders to establish and promote best-practices related to MLOps, tooling, and IT infrastructure, and collaborate with model developers and business stakeholders to inventory applications of AI and machine learning at the bank.
Requirements
  • Education: Progress towards a PhD or Master's degree in Statistics, Computer Science, Applied Mathematics, Econometrics, Engineering, Quantitative Finance, or a related quantitative field.
  • Technical Skills: Proficient programming skills in Python or a similar language, familiarity with popular machine learning frameworks and libraries, and experience with version control systems.
  • Soft Skills: Strong communication and interpersonal skills, a risk-oriented mindset, and the ability to work in a dynamic and collaborative team environment.
What We Offer
  • Opportunities for Growth and Development: We offer a dynamic and supportive work environment that encourages progressive thinking and collaboration.
  • Flexible Work Arrangements: We are committed to supporting flexible work arrangements when and where available.
  • Competitive Compensation and Benefits: We offer a competitive salary and benefits package.