SVP, Market Risk, AI Governance & Capital Planning

Digital Federal Credit Union; Marlborough (MA); On-site; USD 285,000 - 325,000; Full time

Benefits offered by this job

Medical insurance

401(k) match

Paid time off

Job summary

Digital Federal Credit Union seeks a Senior Vice President of Market Risk Management & Capital Planning to lead enterprise-wide model risk, AI governance, and capital planning oversight. You will provide independent challenge, governance, and insights into risk, resilience, and regulatory expectations.

The role reports to the CRO and guides a high-performing team of quantitative risk professionals, partnering with Finance and Technology to align risk oversight with business strategy.

Qualifications

• Minimum 12 years' experience within an enterprise Market Risk Management framework.
• Minimum 10 years' experience as a people leader.
• Deep expertise in Market Risk Management frameworks and lifecycle governance.
• Strong understanding of quantitative modeling, CECL/ACL, stress testing, and capital planning.
• Experience with AI/ML governance and advanced analytics oversight.
• Strong knowledge of regulatory expectations (NCUA, FFIEC, model risk guidance).
• Ability to provide independent challenges and influence executive decision-making.
• Strong executive communication and Board presentation skills.
• Ability to translate complex analytics into clear, actionable insights.
• Proven leadership capability with experience building high-performing, technical teams.
• Strong strategic thinking and enterprise risk management capabilities.
• Required Education: Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree). Advanced degree preferred.

Responsibilities

• Establish, maintain, and enhance the enterprise Market Risk Management framework and governance practices.
• Oversee the full model lifecycle including inventory, validation, monitoring, and issue management.
• Ensure model risk governance covers credit, market, liquidity, and capital risk assessments.
• Provide independent challenge to model development, usage and outputs.
• Establish and oversee AI governance framework including explainability, bias, and ethics.
• Ensure AI and analytics governance aligns with regulatory and institutional values.
• Monitor evolving regulatory guidance and emerging risks in model risk and AI.
• Oversee Capital Planning & Stress Testing framework and oversight.
• Ensure stress testing methodologies are robust and well-documented.
• Evaluate model outputs and scenarios for reasonableness and risk alignment.
• Advise leadership on capital resilience and vulnerabilities under adverse scenarios.
• Deliver executive and Board-level reporting on model risk and capital adequacy.

Skills

Market risk framework

People leadership

Market risk management

Quantitative modeling

AI/ML governance

Regulatory expectations

Independent challenge

Executive communication

Translating analytics

Leadership in technical teams

Strategic thinking

Education

Bachelor's degree in field relevant to role

Advanced degree preferred

Job description

Digital Federal Credit Union seeks a Senior Vice President of Market Risk Management & Capital Planning to lead enterprise-wide model risk, AI governance, and capital planning oversight. You will provide independent challenge, governance, and insights into risk, resilience, and regulatory expectations.

The role reports to the CRO and guides a high-performing team of quantitative risk professionals, partnering with Finance and Technology to align risk oversight with business strategy.