AI Risk Management Supervision, Division Head

Monetary Authority of Singapore; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A prominent central bank in Singapore is seeking an experienced leader to oversee AI risk management supervision. The ideal candidate will have extensive experience with AI governance in the financial sector, a strong grasp of regulatory frameworks, and proven leadership skills. This role involves overseeing the development of supervisory frameworks, coordinating with government agencies, and driving research on AI trends and risks. Candidates should hold relevant advanced degrees in quantitative fields.

Qualifications

• Extensive experience in AI governance or risk management in the financial sector.
• Good understanding of regulatory frameworks and risk management principles.
• Proven leadership skills in managing teams and complex projects.

Responsibilities

• Oversee development of supervisory frameworks for AI risk management.
• Coordinate with government agencies on AI matters impacting finance.
• Drive research on emerging AI trends and mitigation techniques.

Skills

AI governance

AI risk management

Financial regulation

Strategic thinking

Problem-solving

Strong communication skills

Interpersonal skills

Education

Relevant advanced degrees in AI, Computer Science, Data Science, Finance

Job description

What the role is:

Provide strategic direction and lead a team of supervisors focused on supervision of AI risk management for the financial sector. This position sits with Banking Department II.

What you will be working on:

• Oversee the development and implementation of supervisory frameworks and approaches for AI risk management.
• Work on both broad and technical policy and regulatory issues across the finance sector relating to all aspects of AI.
• Coordinate with whole-of-government agencies on AI related matters that impact the financial sector.
• Work on standards-setting work at international bodies related to AI risk management in finance.
• Work with departments in MAS overseeing the development of AI in finance and contribute to the broader MAS strategy on AI.
• Drive research and analysis on emerging AI trends, risks, and mitigation techniques relevant to finance.
• Manage team resources, project timelines, and deliverables.

What we are looking for:

• Extensive experience in AI governance, AI risk management and/or AI implementation in the financial sector.
• Good understanding of regulatory frameworks and risk management principles for financial institutions.
• Experience with financial regulation or supervision is valued.
• Proven leadership skills with experience managing teams and complex projects.
• Deep understanding of AI, machine learning technologies, data science, with a strong interest to stay current with rapidly evolving AI technologies and regulatory landscapes.
• Excellent analytical, strategic thinking, and problem-solving abilities.
• Strong communication skills, capable of engaging both technical and non-technical audiences.
• Strong interpersonal skills, with experience in engagement of diverse stakeholders.
• Relevant advanced degrees in fields like AI, Computer Science, Data Science, Finance, or a related highly quantitative field.

As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.

All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.

About Monetary Authority of Singapore

MAS is the central bank of Singapore. Our mission is to promote sustained non-inflationary economic growth, and a sound and progressive financial centre.