AI risk management is currently divided into three categories:
1. The strategic risk that an organization faces by not using, or making insufficient use of, AI capabilities;
2. The operational risk that an organization faces by using AI incorrectly or without adequate controls;
3. The operational risk that an organization faces when (malicious) third parties use AI to attack or damage the organization.
The focus of our AI Risk Management team is the work related to the second category.
As AI Risk Manager, you will play a key role in building and expanding our AI risk management practice. You will help shape how our organisation identifies, understands and manages the operational risks that arise from the use of AI systems and the models that underpin them. This is a multidisciplinary field of work, and you will work closely with risk colleagues as well as colleagues in the first line of defence, including CDO, CISO, P&T, client units and support units.
As AI Risk Manager, you are responsible for helping the organisation manage the operational risks related to the use of AI. You will focus on the risks that arise when AI systems and models are applied in business processes, client interactions, decision-making, internal operations and supporting functions. You will contribute to the development of a consistent AI risk management approach across the organisation. This includes identifying relevant risks, assessing their potential impact, supporting risk owners in defining appropriate controls, and helping to monitor whether AI-related risks remain within risk appetite.
You will also play an important coordination role. AI risk management touches multiple disciplines, including technology, data, cyber security, model risk, compliance, legal, privacy, procurement, architecture, business change and operational risk. You will help connect these perspectives and ensure that AI-related risk topics are addressed in an integrated and effective way.
In this role, you will not only apply existing risk management practices, but also help develop and mature them. You will contribute to frameworks, guidance, reporting, governance and practical ways of working that enable responsible and controlled use of AI across the organisation.
In more detail you will:
- Identify, assess and manage operational risks related to the use of new and existing AI systems and underlying models.
- Support the design and implementation of risk frameworks, standards, guidance and governance for AI-related operational risks.
- Coordinate AI risk management activities across multiple disciplines and organisational units and therefore work closely with other risk colleagues, including specialists in operational risk, IT risk, cyber risk, data risk, model risk, compliance and resilience.
- Collaborate with first line of defence stakeholders, including CDO, CISO, P&T, client units and support units.
- Challenge and advise stakeholders on the responsible and controlled use of AI.
- Contribute to management information, reporting and oversight on AI-related operational risks.
- Monitor external developments, regulatory expectations and internal policies relevant to AI risk management.
- Contribute to awareness, knowledge sharing and capability building on AI risk management.
