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

$129,455 - $152,300/Yr

US Bank - Minneapolis, MN

Full-time - Senior

Minneapolis, MN

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 partnering with senior leaders and risk consultants to enhance operational effectiveness and customer experiences.

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 related to AI.
• Assist with compliance projects and activities as needed.

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