AI Center of Excellence (COE) Risk Management - Portfolio Risk Lead

$129,455 - $152,300/Yr

US Bank - New York, NY

Full-time - Senior

New York, NY

Credit Intermediation and Related Activities

About the position

As a Business Risk Portfolio Manager enabling the AI Center of Excellence (COE) at U.S. Bank, you will collaborate with various teams to manage risks associated with AI products and ensure effective risk management frameworks are in place. This role focuses on identifying and mitigating risks within assigned portfolios while enhancing customer experiences and operational effectiveness. The position requires a strong background in risk management, particularly in AI/ML, and involves working closely with senior leaders and compliance teams to oversee the implementation of risk controls and processes.

Responsibilities

• Partner with AI product, design, operations, and technology teams to deliver impactful results.
• Identify existing and emerging risks in collaboration with business and risk partners.
• Ensure appropriate controls and monitoring are in place for risk mitigation.
• Oversee the creation, implementation, and maintenance of an effective AI risk management framework.
• Consult on critical business processes and controls within the AI process hierarchy.
• Assist with compliance projects and activities related to federal, state, and local regulations.

Requirements

• Bachelor's degree or equivalent work experience.
• More than 10 years of experience in Financial Services Risk Management and/or Compliance, particularly in Digital, AI/ML environments.
• Expert knowledge of Risk/Compliance/Audit competencies.
• Strong understanding of AI/ML product development processes and model risk management.
• Excellent communication skills for technical discussions and business presentations.
• Advanced knowledge of applicable AI/ML laws and emerging risks.

Nice-to-haves

• Agile thinking with the ability to adapt to changing risk and control expectations.
• Strong collaboration skills with a history of successful project outcomes.
• Proficient in Microsoft Office applications.

Benefits

• Paid holidays
• Disability insurance
• Health insurance
• Dental insurance
• 401(k)
• Adoption assistance
• Parental leave
• Vision insurance
• 401(k) matching
• Flexible schedule
• Life insurance