Director, Artificial Intelligence Compliance

The Opportunity

The Director of Artificial Intelligence (“AI”) Compliance will be part of a global team to help manage and support all AI governance matters, including other related disciplines, for the Ontario Teachers’ Pension Plan including six key functions of the Compliance Operating Model: i) Advisory, ii) Policies and Procedures iii) education and Training, iv) Monitoring and Surveillance, v) Compliance Risk Management, vi)Compliance Reporting to Senior Management and the Board.

As AI becomes more incorporated into Teachers’ enterprise strategy and operations, it is crucial to prioritize responsible AI practices. This role will also focus on promoting both enablement and compliance in alignment with broader business transformation goals and act as an interconnected agent to help achieve this. It will primarily focus on considering new risks that differ from traditional technology risks and facilitating the integration of AI tools and platforms responsibly and ethically. Although the role’s mandate will be to facilitate AI enablement and ensure responsible AI, AI risk management, and regulatory compliance throughout the enterprise, it will also help drive innovation and enablement of AI to enhance operational efficiency and productivity.

Who you’ll work with

The Compliance Department’s vision is to be a trusted partner and advisor to help Teachers’ global business lines execute on business-specific AI priorities, effectively manage risk, regulatory compliance and related best practices in accordance with Teachers’ risk tolerance, and to help build a sustainable culture of compliance.

What you’ll do

• Support the development and execution of Teachers’ AI strategy aligned with overall business goals
• Support the identification of opportunities to leverage AI for competitive advantage and operational efficiency, including acting as a subject matter expert on any risks related to AI investments
• Support the research, development and deployment of AI technologies, staying abreast of emerging AI trends and technologies.
• Monitor emerging legal, regulatory and industry standards in AI and provides strategic guidance to the organization.
• Assist in the development and implementation of an AI compliance program that defines, develops, maintains, and implements policies and procedures to ensure ethical AI practices, including the day-to-day management of the AI Governance program.
• Provide expertise and advice on the design and best practices of effective AI risk controls, metrics, compliance, performing risk management activities, and where required, support data risk management oversight including maintaining appropriate documentation (procedures, risk tiering methodology, escalation thresholds and reporting),
• Identify pragmatic and right-sized mitigation strategies and controls related to the implementation of AI systems and AI use cases
• Apply knowledge of analytic solutions and machine learning/AI to develop governance processes and practices that ensure risks are properly identified, understood, assessed, reported and monitored.
• Serve a translation function between various multidisciplinary teams including Legal, Information Technology, Cybersecurity, Data Governance and Data & Analytics, enabling effective collaboration with internal stakeholders
• Develop strong partnerships and wors in close alignment with senior management, cross-functional teams and other risk functions and business partners to establish governance for the AI compliance program.
• Develop or contribute to ad-hoc reporting to the Board, risk committees, and senior leadership, including the collection of metrics and reports
• Drive the development and implementation of communication strategies for new processes and procedures, focusing on training and awareness programs related to AI compliance, risk management, and ethical practices.
• Act as a thought leader in AI compliance, representing the organization in various industry forums and panels

What you’ll need

• Minimum 10 years of relevant progressive experience in compliance, risk management, legal or model governance
• Degrees in a quantitative field, Business Administration, Computer Science, Data Science or a related discipline an asset
• Expert knowledge of AI technologies, ML/AI model developments and ML/AI risk management best practices, relevant global laws, regulations, and ethical and risk management standards
• Advanced understanding of data privacy principles, and global regulatory and legal obligations
• Knowledge of algorithms, ex., rule-based systems, linear/logistic regressions, and strong understanding of IT and data management systems
• Knowledge in and the ability to apply the principles of change management and project management with the proven ability to manage change, ambiguity and lead projects
• Curious and proactive and agile learner interested in new technology, ML/AI risk management best practices, trends and developments in data and AI governance
• Experience in developing policies and conducting training programs
• Strong organizational, facilitation, communication, and presentation skills
• Demonstrated experience in crisis management and excellent client service
• Demonstrated experience and skills in collaboration, teamwork, and problem-solving to achieve strategic objectives
• Demonstrated experience and skills in providing excellent client service and partnering with peers

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What we’re offering

• Pay-for-performance environment that offers competitive salary and incentive
• Numerous opportunities for professional growth and development
• Comprehensive employer paid benefits coverage
• Retirement income through a defined benefit pension plan
• The opportunity to invest back into the fund through our Deferred Incentive Program
• A flexible/hybrid work environment combining in office collaboration and remote working
• Competitive time off
• Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year
• Employee discount programs including Edvantage and Perkopolis

At Ontario Teachers’, diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers’.

How to apply

Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your Application.

Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.

Candidates must be legally entitled to work in the country where this role is located.

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Functional Areas:

Legal & Corporate Affairs

Requisition ID:

6324

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