Experienced Model Risk Management Professional – Generative AI & Machine Learning Governance

About arenaflex

At arenaflex, we believe that the right support can help individuals and organizations achieve extraordinary things. When you join our team, you become part of a global and diverse community of partners with an unwavering commitment to supporting our clients, communities, and each other. Here, you'll learn and grow as we help you make a career move that is unique and meaningful to you—with benefits, projects, and flexibility that support you both personally and professionally.

At arenaflex, you'll be recognized for your contributions, leadership, and impact. Every partner has the opportunity to participate in the organization's success. Together, we'll win collectively, striving to uphold our company's values and strong service pledge to deliver the world's best customer experience always. And we'll do it with the highest level of integrity, in an environment where everyone is seen, heard, and feels like they belong.

Position Overview

The Model Risk Management Group (MRMG) within the Global Risk and Compliance Group at arenaflex is responsible for the independent risk management of all models across the enterprise. We are currently seeking a talented and experienced Model Risk Management Professional to join our team, focusing specifically on cutting-edge Generative AI (Large Language Models) and Machine Learning initiatives.

This role will be instrumental in elevating model excellence, strengthening long-term shareholder value, and adapting to the changing landscape of both model development innovation, external environment, and heightened regulatory expectations. You'll have the opportunity to work at the intersection of cutting-edge technology, risk management, and regulatory compliance while making a meaningful impact on our organization's future.

What Will You Make an Impact in This Role?

As a Model Risk Management Professional at arenaflex, you will be responsible for managing and controlling model risk, specifically related to cutting-edge Generative AI (Large Language Models). This is a unique opportunity to be at the forefront of AI governance and help shape how our organization approaches emerging technologies while maintaining robust risk controls.

Key Responsibilities

• Independent Oversight: Direct independent oversight of enterprise-wide models with a focused emphasis on Generative AI (Large Language Models) and AI-based models for marketing, credit, fraud, or other business/risk types
• Risk Assessment: Conduct comprehensive gap assessments and establish robust frameworks to strengthen model risk controls and meet elevated regulatory standards
• AI/ML Research: Conduct AI/ML research to explore opportunities to elevate model excellence and drive measurable business impact
• Stakeholder Communication: Deliver results and findings to partners, senior management, and various model governance councils
• Model Validation: Challenge the applied effectiveness, theory, methodology, purpose, and uses of predictive models to ensure they meet the highest standards
• Business Value Optimization: Maximize business returns by organizing effective and accurate models that drive tangible outcomes
• Innovation Leadership: Advance modeling techniques and variable creation to keep arenaflex at the cutting edge of model development
• Process Enhancement: Ensure modeling accuracy and improve modeling efficiency in existing processes using machine learning approaches
• Enterprise Thinking: Connect the role's purpose to enterprise needs and balance the requirements of clients, partners, stakeholders, and shareholders
• Continuous Improvement: Lead with an outside perspective, challenge the norm, and bring continuous innovation to our current offerings

Critical Factors for Success

Business Results:

• Effectively challenge the applied effectiveness, theory, and approach of predictive models
• Expand business returns by organizing successful and accurate models
• Advance modeling techniques and variable creation
• Ensure modeling accuracy and improve modeling efficiency in existing cycles using AI/ML

Leadership Results:

• Put enterprise thinking first, connecting the role's purpose to enterprise needs
• Balance the needs of clients, partners, stakeholders, and shareholders
• Lead with an outside perspective, challenge the norm, and bring continuous innovation
• Show learning readiness and make decisions quickly with the highest level of integrity
• Lead with a digital-first mindset and deliver exceptional experiences

Essential Qualifications

• Strong background in quantitative analysis, statistics, mathematics, or related field
• Proven experience in model risk management, model validation, or similar analytical roles
• In-depth knowledge of Generative AI, Large Language Models (LLMs), and Machine Learning concepts
• Understanding of regulatory requirements and expectations related to model risk management
• Experience with AI/ML model development, deployment, and governance
• Strong analytical and problem-solving skills with attention to detail
• Excellent communication skills with the ability to present complex technical concepts to diverse audiences
• Proven ability to work independently and collaboratively in a team environment
• Demonstrated commitment to ethical practices and integrity in all work

Preferred Qualifications

• Advanced degree in Computer Science, Data Science, Statistics, Mathematics, or related quantitative field
• Experience in the financial services industry, particularly in credit, fraud, or marketing analytics
• Knowledge of regulatory frameworks such as Basel, OCC, or other banking regulations
• Familiarity with cloud-based AI platforms and model deployment frameworks
• Experience with model governance frameworks and best practices
• Strong programming skills in Python, R, or similar analytical languages
• Certification in risk management or AI/ML related fields

Skills and Competencies Required for Success

• Technical Expertise: Deep understanding of AI/ML methodologies, model development lifecycle, and risk management principles
• Analytical Thinking: Strong ability to analyze complex data sets and draw meaningful insights
• Communication: Exceptional written and verbal communication skills to engage with technical and non-technical stakeholders
• Business Acumen: Understanding of how models drive business value and impact organizational goals
• Regulatory Awareness: Knowledge of relevant regulations and ability to translate requirements into practical controls
• Innovation Mindset: Willingness to explore new technologies and approaches to continuously improve model risk practices
• Collaboration: Ability to work effectively with cross-functional teams and build strong relationships
• Adaptability: Comfortable working in a fast-paced, evolving environment with changing priorities

Career Growth Opportunities and Learning Benefits

At arenaflex, we are committed to helping our employees grow and develop throughout their careers. As part of our team, you will have access to:

• Comprehensive training and development programs focused on AI/ML, risk management, and regulatory compliance
• Mentorship opportunities with industry experts in model risk management and artificial intelligence
• Exposure to cutting-edge technologies and methodologies in the AI/ML space
• Career advancement opportunities within the Global Risk and Compliance organization
• Cross-functional project experience that broadens your skill set and industry knowledge
• Access to internal mobility programs and internal job postings across the enterprise
• Continuous learning resources including online courses, workshops, and industry conferences
• Performance-based growth and leadership development pathways

Work Environment and Company Culture

arenaflex offers a dynamic and inclusive work environment where innovation thrives. Our culture is built on:

• Inclusion and Belonging: A workplace where everyone is seen, heard, and feels like they belong
• Integrity First: Doing the right thing with the highest level of ethical standards
• Customer Centricity: Delivering exceptional experiences to our clients every single day
• Collective Success: Working together to win as one team
• Innovation Mindset: Embracing new ideas and challenging the status quo
• Work-Life Balance: Flexibility to support your personal and professional life

We believe in supporting our partners both personally and professionally through flexible work arrangements, comprehensive benefits, and programs that promote well-being.

Compensation, Perks, and Benefits

arenaflex is committed to providing competitive compensation and comprehensive benefits to our employees. We offer:

• Competitive salary with performance-based bonuses
• Comprehensive health, dental, and vision insurance
• Retirement savings plan with company matching
• Paid time off and holidays
• Employee assistance programs
• Professional development reimbursement
• Flexible work arrangements
• Employee discount programs
• Wellness programs and resources

Join Our Team

If you're passionate about model risk management, excited about the potential of Generative AI and Machine Learning, and want to be part of a team that's shaping the future of financial services, we encourage you to apply for this opportunity at arenaflex.

You'll work alongside talented professionals who are committed to excellence, innovation, and delivering exceptional results. This is your chance to make a meaningful impact, grow your career, and be recognized for your contributions.

At arenaflex, every partner has the opportunity to participate in the organization's success. Together, we'll continue to win collectively, upholding our company values and strong service pledge to deliver the world's best customer experience always.

We are looking for individuals who are ready to challenge the norm, lead with integrity, and help us shape the future of AI governance in financial services. Apply today and take the first step toward an exciting career with arenaflex!