AVP / VP : Data and AI Risk, Risk Management Group

Responsibilities

• Develop and maintain aprehensive risk management framework for Data and AI initiatives across the bank, ensuring alignment with regulatory requirements and industry best practices. This includes identifying, assessing, mitigating, and monitoring risks related to dataernance, data security, data architecture, AIernance, algorithmic bias, and AI explainability.
• Develop and implement Data and AI Risk Management Policies and Standards on a Groupwide basis.
• Participate in the assessment of new Data and AI initiatives, providing risk-based rmendations and challenging proposals to ensure appropriate controls are in place before deployment.
• Conduct regular risk assessments and reviews of existing Data and AI systems and processes, identifying vulnerabilities and rmending improvements to strengthen controls and reduce risk. Including the reviews of data quality monitoring processes, assessment of data KRIs to ensure potential risks are addressed.
• Maintain a strong understanding of emerging Data and AI risks and regulatory developments, proactively identifying and addressing potential threats.
• Collaborate closely with Data Management Team, Business Units and Support Units (Bus / SUs), Technology related units to embed risk considerations into the Data and AI lifecycle. Perform Line 2 advisory support to Line 1 BU / SUs to address Data and AI related queries / concerns in their initiatives and processes.
• Contribute to the development and implementation of the bank's overall risk appetite for Data and AI.
• Prepare and present regular reports to senior management on Data and AI risk issues and mitigation strategies.
• Participate in industry forums and share best practices to stay abreast of emerging trends in Data and AI risk management.

Requirements :

Job ID 2500007C