Director Model Risk AI and Fraud

Skills

About the Role

You will establish and own an independent validation framework for fraud models and AI-enabled decision systems. You will perform end-to-end model validations, reproduce results through data analysis and code review, assess AI and ML systems, review ongoing monitoring, communicate risk findings, and track remediation to closure.

Requirements

• Master’s or Ph.D. in a quantitative field or equivalent experience
• 10+ years of quantitative, fraud risk, or model risk experience
• Experience independently validating models and decision systems
• Practical experience with statistical and machine learning methods
• Proficiency in Python and SQL
• Working knowledge of SR 11-7 or equivalent model risk and AI governance frameworks
• Experience with AI and ML governance and controls
• Excellent communication and quantitative judgment

Responsibilities

• Establish and own the independent validation framework for fraud models and AI-enabled decision systems
• Assess model conceptual soundness, intended use, assumptions, and limitations
• Execute end-to-end model validations through data analysis and code review
• Assess AI, ML, generative AI, LLM-based, and agentic systems for robustness, reliability, explainability, and human oversight
• Review ongoing monitoring and conduct periodic revalidation
• Challenge model owners and communicate conclusions, limitations, and risk ratings to senior management
• Track remediation through closure
• Build and mature fraud model validation standards and workflows

Benefits

• Team building programs and company events
• Wellness and meal allowances
• Comprehensive healthcare schemes for employees and dependants