Apply on Employer Site

BNY · 1 day ago

Director, Artificial Intelligence Risk

240 Greenwich Street, New York, NY, 10286, US

Full-time

Onsite

Mid, Senior Level

$127K/yr - $212K/yr

6+ years exp

BNY is a leading global financial services company influencing nearly 20% of the world’s investible assets. They are seeking a Senior Vice President to join their Risk and Compliance Organization, focusing on overseeing AI initiatives and driving risk management strategies.

Financial Services

Responsibilities

Sitting within the second line of defense at the intersection of the Operational and Technology Risk functions and will work as part of the broader AI Risk & Compliance Team to support and oversee BNY’s AI Hub and Enterprise AI activity

Reporting to the Senior Director, AI Risk, you will partner with teams across AI Hub, operations, engineering, legal, risk and compliance to support the development and execution of comprehensive risk management strategies for our artificial intelligence initiatives

Drive informed risk management decision making and practices for the firm’s artificial intelligence activities by providing insights and transparency into the operational and technology risk profile

Engage with first line of defense colleagues to identify risk areas, concerns, patterns and trends

Lead second line of defenses risk identification, assessment, monitoring, and reporting of risks relating to artificial intelligence activities (existing and emergent)

Provide effective risk management challenge and oversight of artificial intelligence change initiatives, including new or modified products and process changes, ensuring risks are identified, assessed, and mitigated effectively

Collaborate with senior leadership to integrate risk management into decision-making and business processes

Ensure compliance with regulatory requirements and internal policies related to operational and technology risk

Communicate risk insights effectively to executive leadership and stakeholders to support informed risk-taking

Drive continuous improvement initiatives to simplify risk processes and leverage technology for enhanced risk oversight

Oversee and review risk incidents and ensure remediation efforts are appropriate to minimize impact and prevent recurrence

Prepare concise executive-level presentations and reports for governance and regulatory engagements

Support ongoing education of stakeholders through tailored training on artificial intelligence and risk related matters

Stay current on market and regulatory developments affecting artificial intelligence and emerging technologies

Qualification

Operational risk managementTechnology risk managementArtificial intelligence knowledgeRegulatory complianceRisk frameworks knowledgeInterpersonal skillsOrganizational skillsProblem-solving skills