Chief AI Risk Officer

7 days ago

Ottawa, Ontario, Canada Scotiabank Full time
About Scotiabank

Scotiabank is a leading bank in the Americas, guided by its purpose: 'for every future'. The bank helps its customers, their families, and their communities achieve success through a broad range of advice, products, and services.

Job Description

The Senior Manager, AI Risk Governance, will drive AI risk governance activities and contribute to the overall success of the Data and AI Risk team in Canada and globally. This role ensures specific individual goals, plans, initiatives are delivered in support of the team's business strategies and objectives.

The Senior Manager will work with the Director and the team to ensure that the Bank's exposure to AI risk is effectively identified, measured, monitored, and remediated. They will also ensure all activities conducted are in compliance with governing regulations, internal policies, and procedures.

This role involves:

  • Supporting the implementation of the AI Risk Program Plan and associated activities in assigned North American and/or International Scotiabank business unit(s), and/or subsidiaries.
  • Providing 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.
  • Designing and implementing AI risk frameworks, policies, procedures, and processes in collaboration with risk partners, such as Global Operations, Third Party Management, Privacy, and Chief AI Office, based on industry best practices.

To be successful in this role, you will need:

  • 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, such as the EU AI Act and AI NIST.
  • Experience in AI risk training and communication.
  • Familiarity with AI risk management and reporting regulations, standards, and guidelines for the financial sector.
  • Strong communication and relationship skills with a proven track record of engaging and presenting to stakeholders.

We offer:

  • Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank.
  • Accessibility and Workplace Accommodations - We value the unique skills and experiences each individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone.
  • Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
  • Competitive Rewards program including bonus, flexible vacation, personal, sick days, and benefits.
  • Community Engagement - Opportunities for community engagement and belonging with various programs such as hackathons, contests, cooking with friends, Humans of Digital, and much more.

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