Model Risk Manager - AI & Emerging Risk

We operate in an environment characterised by rapid technological advancements, regulatory complexities, and accelerated social and geopolitical changes. These developments bring emerging risks to Rabobank that requires us to be adaptable, business-oriented and forward-thinking.

Within Model Risk Management (MRM), we oversee the sound development and use of models and AI across Rabobank, making sure that decisions are reliable, transparent and compliant, protecting our capital, customers, reputation and cooperative mission. Through our role in the second line of defence, MRM delivers enterprise-wide oversight (including subsidiaries) on models and AI used for financial and non-financial decision-making, enabling responsible innovation and growth.

We seek strategical professionals with an innovative and forward-looking mindset to strengthen the team. If you are a visionary end-to-end model risk manager, dedicated to managing the model lifecycle while harmonizing business value with risk management objectives, we encourage you to apply and contribute to this transformative journey. Your expertise and commitment will be pivotal in securing the bank’s success, empowering you to make a strategic impact in a rapidly evolving model landscape.

Model Risk Management – AI & Emerging risk team

As part of MRM, the AI & Emerging risk team is a diverse and multi-disciplinary team dedicated to validating AI and emerging risk models. To be effective, we continuously stay ahead of the curve, identifying new technological updates and novel risks that could impact our bank, model landscape and risk management. We are dedicated to continuously refining and optimising our validation processes by building automated tooling and embracing technologies such as GenAI.

By positioning ourselves as business partners throughout the model lifecycle, we empower the first line to innovate responsibly. We do this by:

• Providing transparent assessments of model strengths to build user trust and drive adoption;
• Highlighting high-performing model features to unlock new opportunities for growth;
• Engaging in proactive, future-focused discussions to shape the model landscape; and
• Identifying risks and improvement areas, accompanied with tangible recommendations to further increase the effectiveness and added value of the solution.

As a Model Risk Manager – AI & Emerging Risk, you will:

• Join the AI & Emerging Risk team, leading validations of AI and emerging risk models across multiple risk domains;
• Contribute to shaping the AI risk strategy from a second-line perspective;
• Build strong stakeholder relationships across the bank, ensuring transparent communication and delivering customer-focused outcomes;
• Drive innovation by integrating advanced analytics and AI techniques to enhance validation processes;
• Develop and maintain validation procedures that keep pace with emerging trends and technologies;
• Support the implementation of the Model Risk Management (MRM) strategy, championing initiatives that strengthen governance and streamline ways of working; and
• Collaborate with fellow Model Risk Managers to advance our Centre of Excellence, sharing best practices for AI governance and model risk frameworks.

You and your unique talents

Are you innovative, strategic, and skilled in stakeholder management? Do you have a passion for learning and applying AI and emerging technologies to transform model risk management? Join us and make a meaningful impact in a rapidly evolving risk landscape.

You bring:

• Passion for innovation: You are eager to learn and apply AI and emerging technologies in model validation and risk management transformation;
• Creative, forward-thinking leadership: You anticipate challenges, develops innovative strategies, and drives continuous improvement in model risk and validation practices;
• Collaboration and stakeholder engagement: You are a true team player who builds strong, productive relationships.
• Exceptional communication skills: You are experienced in pyramid writing, creating compelling PowerPoint presentations, and producing professional reports;
• Attention to detail: Maintains accuracy and integrity in all aspects of model risk oversight, setting high standards for quality and compliance;
• Expertise in model and AI validation: You are able to assess whether models are fit for purpose through risk-based assessments; and
• Technical Excellence: You have experience with or are willing to learn using programming languages (Python) and data visualisation tools, leveraging AI for model validation and risk assessment.

We believe in the power of difference. Not sure you meet every requirement? We encourage you to apply anyway. Your unique perspective could be exactly what we need.

Together we achieve more than alone

Working together is the way we work; as 1 effective, purposeful, passionate and results-driven team at Rabobank.