Deputy Director, AI Risk Management Supervision

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

Job summary

A leading financial regulatory authority in Singapore is seeking a professional to lead the supervision of AI risk management for the banking sector. The role involves overseeing the development of supervisory frameworks, engaging with stakeholders, and providing expert guidance on AI issues. Applicants should have experience in financial supervision, deep knowledge of AI, and strong leadership skills. This opportunity includes the potential for impactful contributions to regulatory policies in finance.

Qualifications

• Experience in financial supervision or risk management.
• Prior leadership skills with experience managing teams.
• Deep understanding of AI, machine learning, and data science.
• Experience in policy development related to AI.
• Excellent analytical, strategic thinking, and problem-solving abilities.
• Strong communication skills for diverse audiences.
• Experience in stakeholder engagement across sectors.

Responsibilities

• Lead a team on supervision of AI risk management.
• Oversee development and implementation of supervisory frameworks for AI.
• Coordinate with government agencies on AI-related financial matters.
• Manage project timelines and deliverables.
• Provide guidance on AI-related technical issues.
• Lead supervisory reviews of AI models in banks.
• Drive research on emerging AI trends and risks.
• Deliver training programs on AI risk governance.

Skills

Experience in financial supervision or risk management

Skills in managing teams and complex projects

Understanding of artificial intelligence and machine learning

Excellent analytical skills

Strong communication skills

Communication skills

Stakeholder engagement experience

Education

Relevant degrees in Computer Science, Data Science, Finance, or a related field

Degree in Data Science

Degree in Finance

Job description

What the role is

You may be required to lead a team focused on supervision of AI risk management for the banking sector.

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.
• Provide expert guidance on AI-related technical matters to other MAS stakeholders outside of banking supervision.
• Lead supervisory reviews of AI models and systems in banks.
• Work with departments in MAS overseeing development of AI in finance.
• Drive research and analysis on emerging AI trends, risks, and mitigation techniques relevant to finance.
• Oversee the development and delivery of training programs on AI risk and governance.
• Manage team resources, project timelines, and deliverables.

What we are looking for

• Experience in financial supervision or risk management.
• Prior leadership skills with experience managing teams and complex projects will be advantageous.
• Deep understanding of artificial intelligence, machine learning technologies, data science.
• Experience in policy development or governance, particularly related to AI.
• Excellent analytical, strategic thinking, and problem-solving abilities.
• Strong communication skills, capable of engaging both technical and non-technical audiences.
• Experience in stakeholder engagement across industry and government bodies.
• Relevant degrees in fields like 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.