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Data & AI - Risk & Control, Vice President

State Street

BostonFull TimeStaff
Sign in to applyVerified 1h ago
Location
Boston
Employment
Full Time
Work model
On-Site
Level
Staff
Posted
1d ago

Skills

BlockchainGenAI

About this role

Who we are looking for Reporting into the Data & AI Governance Lead, the Artificial Intelligence Governance SME will execute governance, risk and control activities and help develop and maintain internal standards for artificial intelligence, commensurate with evolving risk profile, global footprint, and corporate and regulatory expectations.  The role supports State Street’s strategic objectives to prioritize risk excellence and deliver innovative solutions in a safe and sound manner.    Artificial Intelligence Governance SME is a strategic role and will be engaged across all aspects of risk measurement, product development, and risk mitigation for innovative AI technologies, in partnership with global business units and lines of defense. This unique role requires in-depth understanding of artificial intelligence risks, fluency with software design and evaluation, and proven abilities to adapt governance best practices in an evolving regulatory environment.     Why this role is important to us   The function that this individual is responsible for is critical to the overall success of implementing innovative solutions enabled by artificial intelligence and other emerging technologies. Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need talented and experienced individuals who will define the future for State Street and its customers. In this role you will strive for nothing less than to design and build a safe and sound financial infrastructure of the future.    What you will be responsible for   As Artificial Intelligence Governance SME you will:  Implement and manage first line governance responsibilities for AI, and possibly other emerging technologies (e.g., blockchain and digital assets, quantum) in the future as our program and needs evolve  Provide independent risk oversight and challenge, engage in due diligence and risk assessments, and design appropriate controls  Work closely with AI developers, users, and other stakeholders throughout the software lifecycle to integrate and innovate best practices in Responsible AI, from UI design and user research to AI testing automation and observability  Lead the development and continuous improvement of internal technical standards supporting responsible development, implementation, and use of artificial intelligence  Collaborate across lines of defense to design, implement and monitor a control environment that effectively mitigates key risks inherent to artificial intelligence applications and be a catalyst for positive change and continuous improvement  Become a subject matter expert on corporate program requirements, regulatory expectations and industry best practices and support as well as monitor compliance across the emerging technology implementations  Manage a variety of key deliverables, as needed, and lead global adoption of relevant controls and best practices  Develop and maintain relationships across State Street to influence collaboration and strategic execution  Champion increased understanding of Responsible AI company-wide  Support interpretation and application of evolving industry best practices and regulatory guidance  Support responses to regulatory inquiries focused on AI and other emerging technologies  Engage with industry development of Responsible AI and emerging technologies assurance practices, and maintain an external network  Education & Qualifications Minimum 8 years of professional experience (or academic with significant industry experience), including with financial services (ideally in the context of a heavily regulated global bank) and a strong history of results-driven strategic execution 3+ years of experience in artificial intelligence, Responsible AI, evolving technology regulation and industry frameworks, FinTech, or RegTech  Working knowledge of common Generative AI

Data & AI - Risk & Control, Vice President at State Street, Boston | Yoinka