Business Information Security Officer, AI

TD•Toronto, ON

3d•$96,900 - $136,800•Onsite

About The Position

The Business Information Security Officer (BISO) for AI provides technology risk advice and consultation to business partners, enabling effective risk management within their risk appetite and supporting business objectives. This role facilitates communication and execution of enterprise-wide information security programs, delivers awareness training, and conducts risk assessments on business applications, third parties, and infrastructure. The BISO validates that security and technology controls are implemented to support business requirements and oversees control and governance activities, identifying and assessing potential security risks and exposures that impact complex or high-risk businesses and strategic initiatives.

Requirements

Deep understanding of AI risk management frameworks (e.g., NIST AI Risk Management Framework, ISO/IEC 23894, ISO42001, OWASP, MITRE).
Familiarity with financial services industry regulations and standards (e.g., FFIEC, GLBA, GDPR, PCI DSS, NYDFS Cybersecurity Regulation).
Experience implementing AI governance and ethical guidelines in financial institutions.
Ability to assess and mitigate risks associated with AI models, including bias, explainability, and robustness.
Knowledge of secure AI development lifecycle and best practices for model validation and monitoring.
Expertise integrating AI security controls into enterprise architecture and technology platforms.
Awareness of emerging AI threats, adversarial attacks, and evolving regulatory requirements.
Ability to communicate complex AI risk concepts to executive stakeholders and non-technical audiences.
Experience with incident response and remediation for AI-related security events.
Commitment to continuous learning and staying current with industry trends, frameworks, and best practices in AI and financial services.
University degree required.
5-8 years of relevant experience.

Nice To Haves

Information security certification or accreditation is an asset.

Responsibilities

Provide technology risk advice and consultation to business partners.
Enable businesses to effectively manage risk within their risk appetite and meet objectives.
Facilitate communication and execution of enterprise-wide information security programs.
Develop enterprise awareness training for AI.
Conduct risk assessments on business applications, third parties, and infrastructure.
Validate that security and technology controls are implemented to support business requirements.
Lead development and implementation of technology controls and information security strategies, policies, and programs.
Oversee control and governance activities, identifying and assessing potential security risks, breaches, and exposures.
Provide technical leadership and expert consultation on technology controls, information security programs, policies, standards, and incidents.
Lead project consulting on risk assessment, definition of required controls, vulnerability assessments, and control procedures.
Conduct comprehensive risk and control design assessments for application portfolios.
Document and articulate the impact of control gaps, develop risk mitigation and remediation plans, and provide information security solutions.
Define, develop, and oversee a global security management strategy and framework.
Ensure technology, processes, and governance are in place to monitor, detect, prevent, and react to security threats.
Guide and lead ongoing technology risk reporting, monitor key trends, and define metrics to measure control effectiveness.
Act as a primary technical expert, working with technology partners and service/platform owners to integrate security components into enterprise architecture.
Consult on regulatory compliance requirements, reporting, and questions.
Adhere to internal policies, procedures, technology control standards, and regulatory guidelines.
Proactively review internal processes and identify opportunities for improvement.
Advise on, oversee, monitor, and enforce enterprise frameworks and methodologies related to technology controls and information security.
Influence behavior to reduce risk and foster a strong technology risk management culture.
Remain informed of emerging issues, industry trends, and relevant changes.
Define, develop, implement, and manage standards, policies, procedures, and solutions that mitigate risk and maximize security, service availability, efficiency, and effectiveness.
Manage relationships with other technology areas, businesses, and control functions to ensure alignment with enterprise and regulatory requirements.
Maintain a culture of risk management and control, supported by effective processes and sound infrastructure.
Ensure business operations comply with internal and external requirements (e.g., financial controls, segregation of duties, transaction approvals, physical control of assets).
Participate in cross-functional and enterprise initiatives as a subject matter expert.
Lead governance meetings or committees and related deliverables/outcomes.
Lead, facilitate, and implement action or remediation plans to address performance, risk, and governance issues.
Develop, provide, or contribute to complex reporting, analysis, and assessments at the functional or enterprise level.
Assess and identify key issues, escalating to appropriate stakeholders as needed.