Remote Model Risk Advisor – AI Governance & Compliance

CSAA Insurance Group; Providence (RI); Remote; USD 117,000 - 156,000; Full time

Benefits offered by this job

Annual bonus eligibility

401(k) with company match

Remote-first / Flexible Workplace

Job summary

CSAA Insurance Group, a AAA insurer, seeks a Model Risk Advisor to strengthen AI governance, model risk management and regulatory compliance. This remote role collaborates across functions to promote governance, maintain model inventories, and address risks.

If you have 4+ years in model risk, a STEM degree, and experience with AI governance, you can influence controls, audits, and reporting, while working in a flexible, remote-first environment.

Qualifications

• 4+ years of experience in Model risk management related practices, risk, and audit.
• Bachelor's degree in computer science, information management, data science or a related field.
• Four years of work experience in AI Model governance, Model Risk Management, or Audit.
• Knowledge of compliance monitoring and/or auditing principles.
• Knowledge of privacy, security, and AI Model governance standards.

Responsibilities

• Engage with the enterprise AI community to promote awareness, understanding, and adoption of AI governance policies, standards, and responsible AI practices.
• Establish and maintain a complete inventory of statistical, machine learning, AI, and GenAI models, including ownership, risk ratings, and required model metadata.
• Assess model risk based on complexity, regulatory requirements, business impact, and usage, and identify emerging risks associated with AI and model activities.
• Implement and maintain Model Risk Management frameworks, processes, controls, policies, standards, and procedures in partnership with key team members.
• Monitor model performance, governance controls, KRIs, and compliance with established policies and standards, calling out issues as appropriate.
• Support model validation and testing activities by defining scope, assessing results, documenting findings, and communicating recommendations to team members.
• Participate in AI Model Governance oversight activities, including audits, peer reviews, governance reviews, and risk assessments.
• Develop reporting, metrics, and executive-level insights that provide access to AI governance, model risk, control effectiveness, and areas of concern.
• Partner with internal teams, Enterprise Risk, auditors, and external suppliers to maintain accurate governance documentation and address identified risks.
• Monitor evolving regulatory and Department of Insurance expectations related to AI and model risk and incorporate requirements into governance practices.
• Find opportunities to improve, automate, and streamline AI governance processes, tools, and controls.
• Evaluate governance processes and tools, resolve issues, and recommend improvements when appropriate.

Skills

Model risk management

AI governance

Regulatory knowledge

Auditing principles

Communication

Collaboration

Education

Bachelor's degree in computer science or related field

Tools

Collibra

Job description

CSAA Insurance Group, a AAA insurer, seeks a Model Risk Advisor to strengthen AI governance, model risk management and regulatory compliance. This remote role collaborates across functions to promote governance, maintain model inventories, and address risks.

If you have 4+ years in model risk, a STEM degree, and experience with AI governance, you can influence controls, audits, and reporting, while working in a flexible, remote-first environment.