Senior AI Model Risk Oversight & Challenge Lead

Manulife; Southwestern Ontario; Hybrid; CAD 113,000 - 163,000; Full time

Job summary

Manulife seeks an experienced Manager/Senior Manager to provide independent second-line oversight of AI model risk management across the enterprise. You will evaluate AI/ML methods, data quality, and risk governance while challenging stakeholders and communicating risk insights to senior management.

The role focuses on Generative AI, LLMs, foundation models, and Agentic AI, with a hybrid work arrangement in Canada. A strong risk background and bilingualism are valued.

Qualifications

• 7+ years of relevant experience for Manager-level candidates or 10+ years for Senior Manager-level candidates.
• Experience in AI, Data Science, ML, Model Risk Management, or related disciplines.
• Experience reviewing technical documentation, model validation results, testing evidence, monitoring outcomes, and risk assessments.
• Strong understanding of AI model lifecycle management and governance practices.

Responsibilities

• Provide independent second-line oversight and challenge of AI model risk management practices, validation outcomes, risk assessments, controls, and monitoring activities.
• Review medium- and high-risk AI initiatives to assess whether model risks have been identified, assessed, mitigated, monitored, and escalated.
• Evaluate AI/ML methodologies, model design, data quality, testing approaches, performance metrics, and monitoring practices.
• Assess risks associated with Generative AI, large language models, foundation models, retrieval-augmented generation (RAG), third-party AI solutions, and Agentic AI applications.
• Conduct risk-based reviews, thematic assessments, and sampling to identify emerging risks and portfolio-level concerns.
• Evaluate the quality and effectiveness of Line 1 validation, governance, monitoring, and risk management outcomes.
• Develop and communicate independent opinions, recommendations, and challenge positions with evidence and risk analysis.
• Produce executive-ready risk assessments, management reporting, thematic reviews, and governance committee materials.
• Translate complex technical findings into clear business, governance, and risk implications for senior stakeholders.
• Contribute to the enhancement of AI model risk management policies, training materials, and oversight practices.

Skills

AI risk oversight

Model risk management

Governance & risk reporting

Stakeholder challenge

Risk assessment

Education

Bachelor's degree in CS/Data Science/AI/Statistics/Math/Engineering or related

Tools

Python

SQL

R

Job description

Manulife seeks an experienced Manager/Senior Manager to provide independent second-line oversight of AI model risk management across the enterprise. You will evaluate AI/ML methods, data quality, and risk governance while challenging stakeholders and communicating risk insights to senior management.

The role focuses on Generative AI, LLMs, foundation models, and Agentic AI, with a hybrid work arrangement in Canada. A strong risk background and bilingualism are valued.