Head, Responsible AI & Governance
About the role
Reporting at the enterprise level, this role leads the development and oversight of BMO's Responsible AI and AI Governance standards that ensure AI is used responsibly, ethically, and in compliance with regulations. Ensures compliance with policies, guidelines, and expectations for how AI systems should be designed, evaluated, and used. The successful candidate will establish frameworks, policies, and controls that ensure AI solutions are ethical, compliant, transparent, and aligned with regulatory and business expectations. Provides oversight and challenge by assessing whether AI systems meet these standards and by guiding teams on how to manage risks and align with enterprise and regulatory requirements.
Responsibilities
- Develops standards for responsible and appropriate use of AI.
- Establishes requirements for managing risk, transparency, and accountability.
- Tracks and reports key performance indicators (KPIs) and key risk metrics (KRMs) to relevant oversight teams.
- Reviews AI use cases and solutions against defined expectations in collaboration with data science teams.
- Challenges decisions where risks or gaps are not adequately addressed.
- Advises teams on how to meet standards and manage identified concerns.
- Makes sure AI solutions adhere to established standards and escalates issues where requirements are not met.
Qualifications
- Bachelor or Master Degree in AI, Data or other relevant fields.
- 10+ years of experience in AI Governance, Responsible AI, Model Risk Management, Data Governance, Technology Risk as a senior leader.
- Deep expertise in AI Governance, Responsible AI, Risk Management, and Policy Frameworks.
- Strong executive communication, influencing, decision-making, and stakeholder management skills.
- Demonstrated ability to drive enterprise-wide initiatives and influence without direct authority.
- Expert level of proficiency: Policy Frameworks, AI Governance, Responsible AI (frameworks, policy, ethics), Data Governance, Model Governance, Risk Management, Governance reviews, Strategic advisory, Communication, Influencing skills, Decision Making, Professional Judgement.
Pay
Salary: $150,700.00 - $261,800.00
Pay Type: Salaried
About Us
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world. As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset. To find out more visit us at https://jobs.bmo.com/us/en.
Additional Information
BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.