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AI Model Validation Specialist 0626

Job Description - AI Model Validation Specialist 0626

 Key Responsibilities

Independent Model Validation



  • Conduct independent reviews and validation of AI and machine learning models, evaluating:

    • Model architecture and methodology

    • Assumptions, limitations, and intended use

    • Training, testing, and validation datasets

    • Performance metrics, thresholds, and benchmarking approaches



  • Review third-party model documentation, technical reports, and supporting artifacts to assess completeness, transparency, and accuracy

  • Evaluate whether models are operating as intended and producing reliable, defensible outcomes


Model Risk Assessment



  • Assess model risks across multiple dimensions, including:

    • Fairness and potential bias

    • Explainability and transparency

    • Reliability and operational limitations

    • Edge-case performance and unintended outcomes



  • Evaluate adherence to industry model risk management standards and emerging AI governance expectations

  • Identify control gaps, document findings, and recommend practical risk mitigation strategies


Governance & Oversight



  • Provide independent input into AI governance, approval, and oversight processes

  • Partner with cybersecurity, technology, compliance, and risk teams to evaluate new AI use cases and model deployments

  • Serve as an independent reviewer, challenging assumptions, methodologies, and conclusions to strengthen decision-making and risk management practices


Monitoring & Ongoing Validation



  • Lead periodic reviews and re-validations of AI and predictive modeling solutions

  • Evaluate model monitoring programs and key performance indicators, including:

    • Model drift

    • Stability and consistency

    • Performance deterioration

    • Emerging risk trends



  • Recommend remediation plans when performance, control, or risk thresholds are exceeded

  • Ensure monitoring activities align with enterprise AI governance requirements


Documentation & Regulatory Support



  • Maintain comprehensive validation documentation and supporting evidence

  • Produce validation reports that are transparent, reproducible, and audit-ready

  • Support internal audits, examinations, and regulatory reviews through technical analysis and documentation

  • Present validation findings to both technical and non-technical stakeholders


Qualifications


Required Experience



  • 5+ years of experience in one or more of the following areas:

    • Model risk management

    • Data science

    • Machine learning model validation

    • Advanced analytics governance



  • Experience evaluating predictive models within a regulated industry environment

  • Strong understanding of machine learning algorithms, statistical modeling techniques, and model validation methodologies

  • Experience assessing model performance, limitations, and operational risk


Technical Knowledge



  • Knowledge of:

    • Model development and validation lifecycles

    • Bias, fairness, and responsible AI principles

    • Model governance frameworks and control standards

    • Explainability and interpretability techniques



  • Familiarity with industry-recognized AI risk management and governance frameworks

  • Understanding of regulatory and compliance considerations impacting AI and predictive analytics


Professional Skills



  • Strong analytical and critical-thinking capabilities

  • Ability to independently challenge model assumptions and methodologies

  • Excellent written and verbal communication skills

  • Ability to translate complex technical findings into clear business and risk implications for leadership audiences


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