AI Model Risk & Validation Director

RBC; Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Director for its AI Model Risk team. You will oversee a group of validation analysts, focusing on ensuring the soundness and fit-for-purpose nature of AI models. The role demands an advanced degree and significant experience in financial services, coupled with strong risk management knowledge and people management skills. You will be responsible for defining validation frameworks and managing stakeholder relationships, all within a collaborative and high-performing environment.

Benefits

Comprehensive Total Rewards Program

Flexible benefits

Competitive compensation

Dynamic work environment

Work/life balance options

Qualifications

• More than 3-5 years of relevant experience in the financial services industry.
• Strong knowledge on risk management approaches and industry best practices.
• Collaborative mindset and effective people management skills.

Responsibilities

• Define and execute the validation framework for AI models.
• Oversee independent validation of AI models.
• Manage stakeholder relationships for validation reviews.

Skills

Financial Regulation

Risk Management

Operational Requirements

Operational Risks

Standard Operating Procedure (SOP)

Education

Advanced university degree in financial and/or quantitative discipline

Job description

A leading financial institution in Toronto is seeking a Director for its AI Model Risk team. You will oversee a group of validation analysts, focusing on ensuring the soundness and fit-for-purpose nature of AI models. The role demands an advanced degree and significant experience in financial services, coupled with strong risk management knowledge and people management skills. You will be responsible for defining validation frameworks and managing stakeholder relationships, all within a collaborative and high-performing environment.