Manager/Senior Manager, AI Model Risk, Operational Risk Oversight, Global Risk

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About the role

  • AI risk oversight manager at Manulife, a global financial services provider. Challenging AI model and operational risks across regulated enterprise portfolios.

Responsibilities

  • Provide independent second-line oversight and challenge of AI model risks and operational risks associated with AI-enabled solutions, platforms, and business processes
  • Review and assess medium- and high-risk AI use cases
  • Ensure risks are identified, evaluated, mitigated, monitored, and escalated
  • Evaluate AI governance, model risk management practices, operational controls, monitoring programs, incident management activities, and regulatory compliance processes
  • Assess risks associated with machine learning models, Generative AI, large language models, foundation models, third-party AI services, and Agentic AI solutions
  • Review operational resilience, technology risk, third-party risk, change management, access controls, and incident response processes supporting AI solutions
  • Conduct thematic reviews to identify emerging risks, recurring control weaknesses, governance gaps, and systemic issues across AI portfolios
  • Develop and communicate independent risk opinions, oversight assessments, executive reporting, and committee materials
  • Provide effective challenge to business, technology, data science, and governance stakeholders while maintaining second-line independence
  • Support the evolution of AI Model Risk Management and Operational Risk Management frameworks, standards, methodologies, and governance practices
  • Monitor emerging industry trends, regulatory developments, and leading practices related to AI, technology risk, and responsible AI

Requirements

  • 7+ years of relevant experience for Manager-level candidates or 10+ years for Senior Manager-level candidates
  • Bachelor's degree in Computer Science, Data Science, Artificial Intelligence, Statistics, Mathematics, Engineering, Risk Management, Business, or a related discipline
  • Experience in Operational Risk, Technology Risk, Model Risk Management, Enterprise Risk Management, Internal Audit, Compliance, or related risk functions
  • Experience assessing or overseeing AI, machine learning, advanced analytics, or technology-enabled solutions
  • Strong understanding of risk management frameworks, governance practices, control environments, and regulatory requirements within a regulated industry
  • Ability to influence senior stakeholders and provide independent challenge on complex risk matters
  • Strong written, verbal, analytical, and presentation skills
  • If the successful candidate is in Québec, proficiency in both English and French will be required
  • Experience within financial services, insurance, banking, or another highly regulated industry
  • Knowledge of AI Model Risk Management frameworks and model lifecycle governance practices
  • Familiarity with Generative AI, large language models (LLMs), foundation models, retrieval-augmented generation (RAG), and Agentic AI solutions
  • Understanding of technology risk, operational resilience, third-party risk, cybersecurity, and AI governance frameworks
  • Practical familiarity with Python, SQL, analytics tools, or machine learning environments
  • Experience developing executive reporting, risk assessments, governance committee materials, or oversight opinions
  • Knowledge of emerging regulatory expectations related to AI, model risk, operational risk, or technology risk management

Benefits

  • Flexible work environment
  • Health insurance
  • Dental insurance
  • Mental health benefits
  • Vision insurance
  • Short- and long-term disability insurance
  • Life and AD&D insurance coverage
  • Adoption/surrogacy benefits
  • Wellness benefits
  • Employee/family assistance plans
  • Retirement savings plans
  • Pension
  • Global share ownership plan with employer matching contributions
  • Financial education and counseling resources
  • Paid holidays, vacation, personal, and sick days
  • Statutory leaves of absence
  • Incentive programs and incentive compensation tied to business and individual performance

Job type

Full Time

Experience level

Senior

Salary

CA$113,000 - CA$163,000 per year

Degree requirement

Bachelor's Degree

Tech skills

Cyber SecurityPythonSQL

Location requirements

HybridTorontoCanada

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