Digital Governance and Risk Director

6 days ago

Ottawa, Ontario, Canada Scotiabank Full time
Key Responsibilities
  • Support the implementation of the AI Risk Program Plan and associated activities in assigned North American and/or International Scotiabank business units, and/or subsidiaries.
  • Provide expertise and advice to the first line of defense on the design and best practices of effective AI risk controls, metrics, compliance, and risk mitigation.
  • Design and implement AI risk frameworks, policies, procedures, and processes in collaboration with risk partners.
  • Identify opportunities and execute enhancement to the AI risk oversight practice, including global AI risk management approach.
  • Drive the development and delivery of communication strategies for new processes and procedures.
  • Develop and deliver AI risk management training across the organization.
  • Develop strong partnerships with other risk functions and business partners to provide professional advice and guidelines for AI risk mitigation.
  • Conduct assessment of the design and operating effectiveness of AI controls developed and implemented by the first line of defense.
  • Maintain and enhance AI risk documentation (procedures, assessments, testing and reporting).
  • Assist in execution of periodical and ad-hoc reporting to the Board, CRO, Risk Committees, including collection of metrics and creation of dashboards and reports.


Required Skills and Qualifications

To be successful in this role, you will require:
  • An undergraduate and/or graduate degree.
  • At least 5 years of relevant AI risk, AI governance, or other fields that provide excellent exposure to machine learning and AI methods.
  • Knowledge of AI risks and emerging AI requirements and regulations, e.g., EU AI Act, AI NIST.
  • Experience in AI risk training and communication.
  • Familiarity with AI risk management and reporting regulations, standards, and guidelines for the financial sector.


Benefits

As a member of the Scotiabank team, you can expect to receive a competitive rewards program, including bonus, flexible vacation, personal, sick days, and benefits that start on day one. You will also have access to upskilling through online courses, cross-functional development opportunities, and tuition assistance. Additionally, we offer opportunities for community engagement and belonging, including hackathons, contests, cooking with friends, Humans of Digital, and more.

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