Model Risk Advisor - Remote

CSAA Insurance Group, a AAA Insurer • Washington, NV

6d • $116,820 - $155,750 • Remote

About The Position

The Model Risk Advisor promotes effective governance practices, helps maintain and adopt the AI policies and standards framework, optimizes governance processes, and identifies actionable insights to close compliance gaps. The role supports collaboration, compliance, and continuous improvement of AI governance across the organization.

The advisor engages the enterprise AI community, maintains an inventory of statistical, machine learning, AI, and GenAI models, assesses model risk, and implements Model Risk Management frameworks and controls. The role monitors model performance and compliance, supports validation and testing, participates in oversight activities, and develops reporting and executive-level insights. It partners with internal teams, Enterprise Risk, auditors, and external suppliers, tracks evolving regulatory expectations, and recommends improvements to governance processes, tools, and controls.

This is a remote role available in the United States except Hawaii and Alaska. The position may require travel for divisional, team, or other in-person meetings, and may require investing extra time or assisting other teams to meet business needs.

Requirements

• At least 4 years of experience in Model Risk Management-related practices, risk, and audit.
• Bachelor's degree in computer science, information management, data science, or a related field. Four years of work experience in AI Model Governance, Model Risk Management, or Audit/Information Management may be substituted for the degree, in addition to the minimum experience requirement.
• Knowledge of compliance monitoring and/or auditing principles.
• Knowledge of privacy, security, and AI Model Governance standards.
• Ability to independently author and communicate technical and business information in a variety of formats and explain complex or technical AI Model Governance topics.
• Strong written and verbal communication skills, including ability to translate technical information into easily understood concepts.
• Strong strategic, interpersonal, communication, and critical-thinking skills.
• Experience deploying AI Model Governance and Model Risk programs across a large enterprise.
• Experience establishing, enforcing, and monitoring AI Model Governance policies, standards, and controls.
• Proven experience in AI ethics, governance, compliance, or related roles.
• Knowledge and understanding of AI governance principles, including ethical considerations, regulatory compliance (such as the EU AI Act and AI Executive Order), and risk management frameworks (such as the NIST framework).
• Good understanding of bias testing and remediation for machine learning and generative AI models.
• General understanding of risk and compliance principles as applied to AI Model Governance and data management solutions.
• Ability to lead and influence change within complex organizational structures.
• Strong social skills and ability to collaborate at all levels of the organization.
• Authorization to work indefinitely in the United States; the employer does not provide visa sponsorship.

Nice To Haves

• Certification in Model Risk Management or a similar certification.
• Hands-on experience with data management tools such as Collibra or similar tools.
• Participation in activities that shape company culture, such as employee resource groups or volunteering.
• Comfort using cameras when it matters, such as onboarding team members and building relationships.
• Willingness to travel as needed for role-related meetings.

Responsibilities

• Promote awareness, understanding, and adoption of AI governance policies, standards, and responsible AI practices across the enterprise AI community.
• Establish and maintain a complete inventory of statistical, machine learning, AI, and GenAI models, including ownership, risk ratings, and required metadata.
• Assess model risk based on complexity, regulatory requirements, business impact, and usage, and identify emerging risks related to AI and model activities.
• Implement and maintain Model Risk Management frameworks, processes, controls, policies, standards, and procedures in partnership with key team members.
• Monitor model performance, governance controls, KRIs, and compliance with established policies and standards, and call out issues as appropriate.
• Support model validation and testing by defining scope, assessing results, documenting findings, and communicating recommendations.
• Participate in AI Model Governance oversight activities, including audits, peer reviews, governance reviews, and risk assessments.
• Develop reporting, metrics, and executive-level insights on AI governance, model risk, control effectiveness, and areas of concern.
• Partner with internal teams, Enterprise Risk, auditors, and external suppliers to maintain accurate governance documentation and address identified risks.
• Monitor evolving regulatory and Department of Insurance expectations related to AI and model risk, and incorporate requirements into governance practices.
• Identify opportunities to improve, automate, and streamline AI governance processes, tools, and controls.
• Evaluate governance processes and tools, resolve issues, and recommend improvements.
• Travel as needed for divisional, team, and other in-person meetings.
• Meet business needs, which may include investing extra time and helping other teams.

Benefits

• Total compensation package.
• Annual bonus eligibility for most roles; this position offers an opportunity for a company-wide annual discretionary bonus of up to 8% of eligible pay through the Annual Incentive Plan.
• 401(k) with company match.
• Career growth and development support from leaders and mentors.
• Remote-first flexible workplace, with flexibility to work primarily from home and often from various locations, including CSAA offices.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level