Director/Deputy Director, AI Risk Management Supervision

Monetary Authority of Singapore; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

A national financial regulatory authority in Singapore is seeking a leader for their AI risk management team. Responsibilities include overseeing AI supervisory frameworks and coordinating with government agencies on AI issues in finance. The ideal candidate should have experience in financial supervision, strong leadership skills, and a deep understanding of AI technologies. This role offers the opportunity to impact the future of finance regulation in a leading financial hub.

Qualifications

• Experience managing teams and complex projects.
• Experience in policy development or governance, particularly related to AI.
• Experience in stakeholder engagement across industry and government bodies.

Responsibilities

• Lead a team focused on supervision of AI risk management.
• Oversee development of supervisory frameworks for AI.
• Coordinate AI-related matters impacting the financial sector.
• Drive research on emerging AI trends and risks.
• Manage team resources and project timelines.

Skills

Experience in financial supervision or risk management

Proven leadership skills

Deep understanding of AI and ML technologies

Excellent analytical and problem-solving abilities

Strong communication skills

Education

Relevant degrees in Computer Science, Data Science, Finance

Job description

What the role is:

You will 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.

• Proven leadership skills with experience managing teams and complex projects.

• 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.

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.