Vice President, AI Risk and Governance

LPL Financial•Charlotte, SC

12d

About The Position

The VP will oversee risk governance, including artificial intelligence and other programs to support a strong risk culture that prioritizes risk identification and collaboration across the three lines of defense. The role will lead the day-to-day execution and continued maturation of the firm’s enterprise AI governance program, accountable for assessing and overseeing AI risk across LPL’s business functions, maintaining a defensible governance framework, and partnering across functions to enable responsible AI adoption at pace. This is a builder-operator role for a dynamic risk professional who can preserve examination defensible standards within an evolving regulated landscape and serving as a credible challenge partner to business, technology and control functions.

Requirements

Bachelor’s degree in Computer Science, Engineering, Risk Management, Economics, Finance, or related discipline.
7-10+ years of experience in risk management, compliance, governance or a related control function, preferably within a regulated financial institution
Experience working at a big 4 consulting firm or other large complex institution
2+ years in AI risk management, governance or compliance-related roles
Prior leadership experience with a proven ability to lead and mentor teams
Strong analytical skills, both quantitative and qualitative, with high attention to detail and accuracy.
Advanced level understanding of AI technologies, models and operational risks in the use of AI systems.
Excellent written and verbal communication skills, with experience preparing and presenting to executive-level audiences.
Strong problem-solving skills with the ability to evaluate business opportunities and results against established objectives.
Ability to drive change and facilitate critical thinking to create solutions for complex business challenges.
Expert consensus-builder who drives change within and outside direct accountability, facilitates critical thinking to create solutions for the most complex business challenges.

Nice To Haves

Advanced degree preferred.
In-depth knowledge of AI-related regulations, standards and industry best practices, such as the NIST AI Risk Management Framework and ISO AI standards is preferred.
Relevant certifications such as AI Governance Professional (AIGP), Certified Information Systems Security Professional (CISSP), Certified Risk Management Professional (CRMP), or similar are a plus.

Responsibilities

Maintain and evolve the AI governance framework, polices and standards in alignment with current and emerging regulatory landscape and frameworks
Oversee, conduct and challenge risk assessments and gap analyses on AI solutions to identify and evaluate risks and ensure compliance with internal policies and external regulations.
Define and challenge control expectations for AI development and deployment, including cybersecurity and broader technology governance processes
Collaborate with cross functional teams to ensure AI models align with AI risk frameworks and requirements.
Assist in establishing and overseeing AI risk governance frameworks, including control frameworks, governance standards, policy development and committee governance.
Ensure adherence to industry’s best practices, such as NIST AI Risk Management Framework, ISO AI standards as well as emerging AI regulations.
Serve as the subject matter expert and lead production of materials for executive-level risk and governance committees.
Drive clear, well-reasoned risk decisions and ensure risks are documented and presented to executives in an effective manner
Communicate AI risk clearly to non-technical executives, translating technical and regulatory nuance into actional decisions
Coordinate across risk and business stakeholders to ensure framework consistency.
Partner with Cybersecurity, third-party risk, privacy, legal and compliance on integrated reviews, defined clear decision rights across functions
Help mature AI risk and governance operating model and track/escalation key risk and performance indicators
Adapt to the evolving needs of business partners and changes within the Risk & Compliance organization.