Senior AI Technology Risk Oversight Manager

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

The Senior Artificial Intelligence (AI) Risk Manager will hold a pivotal leadership position in formulating and implementing the bank’s strategy for identifying, evaluating, and managing risks connected with the utilization of artificial intelligence and machine learning (AI/ML) technologies across the organization. In addition, this role will partner with leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, and other RCA Managers to, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework. Lead projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Facilitate the identification of gaps and drive solutions to mitigate losses resulting from inadequate internal processes, systems, or human errors. Ensure the proactive identification, response, and escalation of risks as necessary. Influence policies and procedures to optimize profit potential while minimizing regulatory exposure. Responsible for maintaining an effective collaboration between the Line of Business and the Lines of Defense.

The candidate should have strong knowledge in AI technologies, risk management, and financial services, with a comprehensive understanding of relevant regulatory expectations such as the NIST AI Risk Management Framework, EU AI Act, and other emerging guidelines.

Key Responsibilities:

• Serve as the second line of defense for AI technology risks across business lines.

• Collaborate with data governance, information security, legal, and compliance teams to ensure responsible AI principles are applied across the AI lifecycle.

• Ensure awareness and manage the oversight of the AI risk management processes and related policies to foster compliance and monitoring of risk at the bank.

• Provide employees with comprehensive training and resources on AI governance, ethical considerations, and best practices, while promoting a culture of continuous learning and improvement.

• Develop and implement strategies for integrating AI use cases into both existing and new applications. Using AI to streamline processes and drive efficiency.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than 10 years of applicable experience

Preferred Skills/Experience 

- Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business 

- Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls 

- Thorough knowledge of Risk/Compliance/Audit competencies 

- Strong leadership and management skills of processes, projects and people 

- Effective written and verbal communication skills 

- Strong analytical, problem-solving and negotiation skills 

- Proficient computer skills, especially Microsoft Office applications Applicable professional certification

- Preferably, familiarity with ServiceNow is desired

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance