Senior Manager, AI & Ethics Governance

Scotiabank; Toronto; On-site; CAD 100,000 - 140,000; Full time

Job summary

A leading financial institution is seeking a Senior Manager for AI & Ethics Governance in Toronto, Ontario. The role involves developing AI governance frameworks, conducting risk assessments, and ensuring regulatory compliance. Candidates should have over 7 years of experience in governance and a deep understanding of AI technologies. Strong communication skills and the ability to collaborate across teams are essential. This position offers an opportunity to work in a purpose-driven environment committed to ethical AI development.

Qualifications

• 7+ years of experience in governance, compliance, risk oversight, AI, model development or validation.
• Deep understanding of AI technologies including predictive AI and NLP.
• Exceptional communication skills to articulate complex concepts non-technically.

Responsibilities

• Develop and implement AI governance frameworks for responsible AI.
• Conduct risk assessments to identify and mitigate ethical and legal risks.
• Ensure compliance with AI regulations and industry standards.

Skills

Governance

Compliance

Risk oversight

AI technologies

Communication skills

Problem solving

Tools

AI Risk Management Frameworks

Predictive AI

Natural Language Processing (NLP)

Job description

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Title: Senior Manager, AI & Ethics Governance

Requisition ID: 244665

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

Leads and oversees the Strategy and Governance pillar of the AI & Ethics Governance team ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

Accountabilities

• Develop and Implement AI Governance Frameworks: Create comprehensive policies, standards, and best practices to ensure responsible AI development and deployment
• Conduct Risk Assessments: Identify and mitigate potential ethical, legal, and reputational risks associated with AI systems.
• Ensure Regulatory Compliance: Stay updated on the latest AI regulations and compliance requirements, ensuring the organization adheres to all relevant laws
• Collaborate with Stakeholders: Work with various departments to build trust and ensure that AI initiatives align with organizational goals and values
• Promote Fairness, Transparency and Accountability: Develop guidelines to ensure AI systems are fair, transparent and accountable, fostering trust among users and stakeholders
• Educate and Train Staff: Provide training and resources to employees on AI governance practices and ethical considerations.
• Report and Communicate Findings: Regularly report on AI governance activities and findings to senior management and other relevant parties.
• 7+ years of experience in governance, compliance, risk oversight, AI, model development or validation.
• Deep understanding of AI technologies (e.g., predictive AI, NLP, LLM, and Agentic AI), AI Risk Management practices, relevant global regulations, laws and standards (e.g., EU AI Act, NIST AI Risk Management Framework and E-23)
• Experience working collaboratively with cross-functional teams (e.g., compliance, data risk, legal, privacy, technology, business and model risk management) and effectively with people at all levels in an organization.
• Ability to work in a fast-paced environment and manage multiple deadlines at once.
• Exceptional communication skills, ability to articulate complex concepts in a non-technical way.
• Highly efficient problem solving skills.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.