SVP, GenAI Model Risk for Wealth

BNY; New York (NY); On-site; USD 250,000 - 360,000; Full time

Benefits offered by this job

Competitive compensation

401(k) plan

Health, dental, vision insurance

Paid time off

Job summary

BNY is seeking an SVP for Model Risk Management AI, Wealth and Investment to lead the framework and governance for a portfolio of models in New York City. The role emphasizes oversight of validations, risk quantification and clear executive communication.

You will drive policy enhancements, mentor a high‑caliber team, and interact with senior stakeholders to translate complex quantitative concepts into risk insights. GenAI and wealth models are a focus for responsible innovation.

Qualifications

• Advanced degree in a quantitative field such as mathematics, statistics, econometrics, physics, engineering, quantitative finance or computer science, or equivalent experience.
• Typically 8–12 years of experience in a relevant field.
• Strong knowledge of financial markets, products and risk management practices, including complex mathematical/statistical modeling techniques.
• Proven leadership, communication and stakeholder management skills with the ability to influence senior leaders.

Responsibilities

• Lead the Model Risk Management framework for a defined portfolio of models (pricing, risk, capital, stress testing, AI/ML, and valuation).
• Oversee independent model validations and ongoing performance monitoring with deep quantitative expertise.
• Establish and contribute to model risk governance forums and decision-making processes.
• Advise senior stakeholders on model risk issues and evolving quantitative methodologies.
• Drive enhancement of model risk policies, standards, tools and methodologies.
• Manage, develop and coach a team of model risk professionals.

Skills

Leadership

Stakeholder management

Quantitative modeling

People management

AI/ML knowledge

Communication

Education

Advanced degree in quantitative field

Master's or PhD preferred

Job description

BNY is seeking an SVP for Model Risk Management AI, Wealth and Investment to lead the framework and governance for a portfolio of models in New York City. The role emphasizes oversight of validations, risk quantification and clear executive communication.

You will drive policy enhancements, mentor a high‑caliber team, and interact with senior stakeholders to translate complex quantitative concepts into risk insights. GenAI and wealth models are a focus for responsible innovation.