Director, Artificial Intelligence Risk Management ( Large language models - Generative AI )

Key Skills

Aartificial intelligence, Effective communication skills, Large Language Models - LLMs, Machine learning techniques, Management

Job Description

Director, AI Risk Management is a key role in developing the Groups approach to managing the risks associated with Artificial Intelligence and Machine Learning.

This role will report directly to the Chief Model Risk Officer, but the role itself is wider than Model Risk and will involve working cross functionally with the other Risk types, Global Businesses and Global Functions due to the multidisciplinary nature of the risks presented by AI.

AI/ML is a relatively new discipline, with technological advances happening at pace and increased regulatory scrutiny, this is a new role and the successful candidate will be building a new cross functional team to design, implement and oversee the embedding of the Groups AI Framework.

 Here’s what you can expect:

The successful candidate will be responsible for:

• Designing and overseeing the AI risk management framework and associated review processes where applicable
• Developing, monitoring and refining HSBC’s AI risk policy, providing SME, advice and guidance on AI
• Developing opinions and interpretations of relevant regulatory changes in AI
• The operation of governance forums to support the management of the risks associated with AI/ML as well as participating in first line governance forums as required.
• Partnering with Risk Stewards to ensure consistency and quality of execution on policy and procedure for AI
• Capacity planning, team building (hiring, coaching, training and management)
• Identify and develop key tools and infrastructure requirements to support AI governance
• Develop metrics to measure aggregate AI risk and provide reporting to senior committees and board

For this role, HSBC targets a fixed pay range between $220,000 and $260,000.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

• Master’s or PhD degree in a quantitative discipline like Financial Mathematics, Operations Research, Quantitative Finance, AI, Economics or Engineering.
• Analytical expertise with AI/ML applications in banking or related industries
• Technical knowledge of common AI applications including strong understanding of risks with AI/ML across various risk stripes along with mitigating strategies
• Knowledge of internal procedures and global regulations on AI, including those from OCC, FRB, PRA, ECB and HKMA
• Experience in developing and/or validating quantitative models, especially machine learning models
• Ability to present complex statistical concepts and results to non-technical audiences in a persuasive and compelling manner.
• Ability to manage relationships with senior internal stakeholders and regulators
• Ability to clearly communicate complex analytical concepts clearly to management and broad audience
• Team-oriented mentality combined with ability to complete tasks independently to a high quality standard, and to manage situations with incomplete information.
• Authoring industry papers on AI risk or Speaker/panelist on forums related to AI etc. is preferred

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!