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Senior Director AI Model Risk
Senior Director AI Model Risk-June 2024
Milwaukee
Jun 2, 2026
About Senior Director AI Model Risk

  JOB REQUIREMENTS: At Northwestern Mutual, we are strong, innovative andgrowing. We invest in our people. We care and make a positivedifference. We\'re strong and growing. In a company with such a long andstoried history, this may be the most exciting and important time to bea part of Northwestern Mutual. We\'re strong, innovative and growing. Weinvest in our people. We provide opportunities for employees to growthemselves, their career and in turn, our business. We care. We make apositive difference in our communities. Nationally, thousands havebenefitted from our support of research and programs to fight childhoodcancer. Each year, our Foundation, employees and financialrepresentatives donate time, talent and financial support to causesthey\'re passionate about. Summary: The Senior Director - Analytic ModelRisk Management leads the Company\'s AI & Model Risk Management program,reporting to the Vice President - Enterprise Risk Management andcollaborating closely with first, second, and third line partners(including data science, technology, privacy, law, actuarial,compliance, and internal audit) across the enterprise. What you will do:Lead the Company\'s ongoing evolution and maturation of its model riskmanagement framework into an AI & model risk management framework andprogram, anticipating new business, technical, and regulatorydevelopments related to artificial intelligence and more traditionalmodeling capabilities, proposing practical methods appropriate to thenature, scale, and complexity of the risk. Lead enterprise second linecapability on AI and model risk oversight, including: leading orco-leading cross-functional teams for AI and model risk management;accountability for enterprise model inventory, risk assessment, and riskreporting; coordinating with risk and business partners, includingfirst-line partners in Data Science & Analytics and other parts of theorganization to facilitate effective first line risk managementpractices and integration with enterprise-level model governance;driving compliance with relevant regulatory requirements. Driveimprovements to the Company\'s model governance policy and practices,including cross-functional work to establish standards and controls tosupport effective AI and model risk management, AI & model riskassessment, sensitive factor assessment and bias testing, validations,documentation, etc. Guide ERM model governance staff to achieve AI &model risk management program objectives. Recommend appropriategovernance structures for AI and model risk management. Oversee systemsand tools supporting AI & model risk management program. Understand andengage with enterprise partners on developing regulatory expectationsand industry-standard processes related to AI and model governance andrisk management. Support other Enterprise Risk Management & Resiliencyinitiatives as... For full info follow application link. EEO/AAEmployer/Vets/Disability ***** APPLICATION INSTRUCTIONS: ApplyOnline: ipc.us/t/AEDAD8E6698346A2 Qualified females, minorities, andspecial disabled veterans and other veterans are encouraged to apply.

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