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Morgan Stanley · 1 day ago

Director, Information and AI Governance

New York, NY

Full-time

Hybrid

Mid Level

$120K/yr - $155K/yr

2+ years exp

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, and wealth management services. The Director of Information and AI Governance will implement the Information and Data Compliance program focusing on AI/ML governance, advising on governance processes, and supporting regulatory inquiries and training.

Asset ManagementFinanceFinancial ServicesLending

Responsibilities

Help implement Information and Data Compliance program, primarily focusing on Artificial Intelligence/Machine Learning ("AI/ML") governance

Advise on applicable governance processes, controls, policies, and procedures, including their design to meet regulatory requirements; review, draft and provide support for new and existing policies and procedures

Support Firm’s responses to relevant exams, regulatory inquiries, and enforcement actions

Help develop and conduct regulatory training for employees, including instruction on regulatory changes

Keep abreast of industry trends and emerging risks; monitor regulatory focus areas and keep internal stakeholders informed

Help define and implement the Firm’s adoption of our AI and Gen AI strategies

Help establish and implement the governance framework for the onboarding, testing and ongoing monitoring of AI and Gen AI models

Help establish a risk based framework for the review and signoff of Gen AI uses cases by the Control Functions in AI Governance

Coordinate the review process of AIML use cases by the relevant control functions

Perform periodic monitoring checks to ensure 1L and 2L adherence to governance policies and procedures

Collaborate with Compliance testing groups

Communicate to senior management relevant AI governance updates and developments in a timely and actionable manner

Qualification

AI/ML governanceRegulatory complianceRisk managementData analysisKey Performance IndicatorsCollaborationCommunication

Required

Requires a Master's in Enterprise Risk Management, Finance, or a closely related field of study

Requires two (2) years of experience in the position offered or two (2) years as a Director, Risk/Policy Management, or a closely related occupation

Requires two (2) years of experience in each of the following:

Providing oversight of regulatory mandates around Compliance and Risk governance, including NIST (National Institute of Standards and Technology) frameworks and Regulator rules and notifications

Performing assessment of Risks and Control environment

Developing Key Performance Indicators and metrics

Performing advanced data analysis to create senior governance committee reports

Providing advice and guidance to the business and control functions on governance and oversight structure

Creating reporting guidance and cadence to satisfy business and control functions' responsibilities around timely communication and escalation of issues

Performing periodic monitoring checks to ensure business and control functions are adhering to governance policies and procedures

Defining roles and responsibilities for various Lines of Defense to prevent, manage, and mitigate risks

Driving senior management reporting and materials

Collaborating with stakeholders and partner functions to execute risk management principles, tolerance, and mandate