State Street is looking to establish and maintain a robust governance framework for AI risk, ensuring compliance with internal policies and external regulations, and providing oversight and challenge to first line AI risk activities.
Requirements
- Strong understanding of AI technologies, associated risks, and regulatory landscape.
- Experience with risk management, governance, or compliance, preferably in AI or technology domains.
- Advanced degree in a relevant field such as Risk Management, Computer Science, Data Science, or Business Administration.
Responsibilities
- Develop and implement a comprehensive AI risk governance framework aligned with regulatory expectations and industry best practices.
- Provide governance leadership and oversight to the Generative AI Risk Oversight Working Group (AROW), ensuring second line oversight of AI risk governance activities, including use case review, policy compliance, and escalation of novel Gen AI risks to senior governance bodies
- Provide second line oversight and challenge to AI risk management activities conducted by the first line.
- Lead the development of policies, procedures, and standards for AI risk governance.
- Monitor and report on AI risk exposures and control effectiveness across the enterprise.
- Support internal and external audits and regulatory examinations related to AI risk.
- Collaborate with stakeholders across business units, legal entities, and technology teams to ensure effective AI risk governance.
Other
- 10+ years of proven experience in risk management, governance, or compliance, preferably in AI or technology domains.
- Demonstrated leadership experience at a senior level within financial services or a related industry.
- Excellent communication, collaboration, and stakeholder management skills.
- Advanced degree in a relevant field such as Risk Management, Computer Science, Data Science, or Business Administration.
- Travel requirements not specified
