Set up and manage the Risk Management Framework : Establish appropriate risk policies and procedures to minimize the Company's risks. * Recommend updates to the Risk Appetite Statement: Advise the ...
Set up and manage the Risk Management Framework : Establish appropriate risk policies and procedures to minimize the Company's risks. * Recommend updates to the Risk Appetite Statement: Advise the ...
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Set up and manage the Risk Management Framework : Establish appropriate risk policies and procedures to minimize the Company's risks. * Recommend updates to the Risk Appetite Statement: Advise the ...
Head of Risk Management
Malta, NY · On-site
Set up and manage the Risk Management Framework : Establish appropriate risk policies and procedures to minimize the Company's risks. * Recommend updates to the Risk Appetite Statement: Advise the ...
Head of Risk
Malta, NY · On-site
Set up and manage the Risk Management Framework : Establish appropriate risk policies and procedures to minimize the Company's risks. * Recommend updates to the Risk Appetite Statement: Advise the ...
Head of Risk
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Set up and manage the Risk Management Framework : Establish appropriate risk policies and procedures to minimize the Company's risks. * Recommend updates to the Risk Appetite Statement: Advise the ...
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Chief Risk & Performance Officer
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Chief Risk & Performance Officer
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Chief Risk & Performance Officer
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Ai Risk Manager information
See Schenectady, NY salary details
$49.8K - $60.3K
4% of jobs
$60.3K - $70.7K
6% of jobs
$70.7K - $81.1K
11% of jobs
$85K is the 25th percentile. Wages below this are outliers.
$81.1K - $91.5K
11% of jobs
The median wage is $99.8K / yr.
$91.5K - $101.9K
23% of jobs
$101.9K - $112.4K
13% of jobs
$119.2K is the 75th percentile. Wages above this are outliers.
$112.4K - $122.8K
12% of jobs
$122.8K - $133.2K
8% of jobs
$133.2K - $143.6K
6% of jobs
$143.6K - $154.1K
4% of jobs
$154.1K - $164.5K
2% of jobs
$49.8K
$107.9K
$164.5K
How much do ai risk manager jobs pay per year?
How much do AI risk managers make?
What does an AI risk manager do?
What is the difference between Ai Risk Manager vs Data Scientist?
| Aspect | Ai Risk Manager | Data Scientist |
|---|---|---|
| Required Credentials | Typically requires a degree in risk management, AI, or related fields; certifications in AI or risk management are common | Requires a degree in computer science, statistics, or related fields; certifications in data analysis or machine learning are common |
| Work Environment | Works in financial, insurance, or tech industries focusing on AI risk assessment and mitigation | Works across industries analyzing data, building models, and deriving insights |
| Employer & Industry Usage | Used by organizations managing AI deployment risks, especially in regulated sectors | Used by companies developing AI solutions, data-driven products, and analytics teams |
The main difference is that an Ai Risk Manager focuses on identifying and mitigating risks associated with AI systems, often requiring knowledge of risk management and AI ethics. In contrast, a Data Scientist primarily analyzes data and builds models to extract insights, with less emphasis on risk mitigation. Both roles may overlap in AI projects but serve distinct functions within organizations.
Is AI going to replace AI Risk Manager jobs?
Full-time
Posted 22 days ago
Job description
This role is for one of the Weekday's clients
Min Experience: 5+ years
Location: Malta, Sicily, Italy, Greece, Tunisia, Albania
JobType: full-time
Requirements
Risk Management
- Set up and manage the Risk Management Framework: Establish appropriate risk policies and procedures to minimize the Company's risks.
- Recommend updates to the Risk Appetite Statement: Advise the Board of Directors on annual updates and appropriate risk tolerance limits, clearly outlining the level of risk acceptable in line with strategic goals.
- Maintain a risk register: Systematically record identified risks and mitigation actions.
- Identify, analyze, quantify, and mitigate risks: Address risks faced by the Company with appropriate actions. The risk identification should encompass not only integrity risks (such as AML/CFT and fraud) but also ICT, operational, market, credit, legal, compliance, conflicts of interests, and other relevant risks in accordance with all intended crypto-asset services. The risk identification process should address risks at various levels, including individual business lines and the overall entity together with outsourced activities.
- Conduct ongoing risk assessments: Regularly evaluate risks to ensure they are managed effectively.
- Credit and Counterparty Risk Management: Design, enforce and monitor credit risk policies and oversee exposures.
- Implement risk measurement methodologies: Recommend risk appetite thresholds and develop monitoring tools.
- Ensure compliance with regulatory requirements: Maintain activities within relevant risk-related regulations.
- Collaborate with senior management: Manage key risks, provide analysis, and highlight risk exposures and performance metrics. Also coordinate cross-functionally with business units to refine risk controls and support new product development.
- Lead regional incident response and crisis management efforts: Oversee responses to incidents and crises.
- Develop specific risk management actions: Create targeted strategies to reduce or control risk exposure.
- Monitor and report on risk management activities: Implement continuous monitoring systems and regular reporting to management.
- Evaluate the risk management framework annually: Assess its effectiveness, relevance, and adequacy in addressing emerging risks.
- Stay updated on industry trends and emerging risks: Adapt strategies to reflect changes in the environment.
General
- Support the preparation of reports for the Board of Directors, senior management, auditors, and regulatory authorities.
- Respond to information requests from regulators and auditors, and provide assistance during thematic reviews conducted by these parties.
- Participate in meetings as required.
The Head of Risk has to undergo the MFSA PQ process.
Required Skills
The incumbent is expected to have,
- familiarity with the operations of the crypto, investment, or banking sectors will be considered an advantage;
- relevant qualification in financial services or compliance is required;
- strong verbal and written communication skills, sound judgment, and analytical abilities;
- follow-up skills and the ability to communicate clearly and promptly are essential;
- team player skills with a genuine interest in digital assets and blockchain technology; and
- enthusiasm for continuous learning and a willingness to explore new frontiers in technology and compliance.
Credit Risk
Good-to-have skillsFinancial Risk, Market Risk, legal entity risk