Director, generative and agentic ai model validation

Are you ready to lead the way in the dynamic world of financial risk management? BMO is seeking a talented and experienced professional to join our Model Risk Management Team as a Director, Generative and Agentic AI Model Validation. As a Director in our second‑line governance and control function, you will play a pivotal role in overseeing the execution pillar of model risk management across a large range of models supporting critical business and risk management mandates. You will lead the execution of the model risk framework activities through the model lifecycle, ensuring that it aligns with regulatory expectations and BMO’s commitment to excellence in risk management.

Location and Work Arrangement

This position is located in Toronto and offers flexibility with a hybrid work arrangement where the successful candidate will spend at least three days per week on‑site and the other days remote.

About the Role

The Director, Generative and Agentic AI Model Validation will be responsible for the independent validation and effective challenge of AI models using advanced techniques including Generative AI, AI agents and agentic AI. As part of the Model Risk Management (MRM) team in the second line of defence, the Director is accountable for assessing model design, data, performance, robustness, effectiveness, weakness and limitations, and thus the associated model risk and controls in place to mitigate identified risk.

Key Accountabilities

Technical Model Validation & Standards

• Develop, maintain, and enhance validation standards, testing expectations, and review methodologies for AI models, including GenAI and AI agents, aligned with Model Risk Management principles.
• Lead independent validation and effective challenge of AI models used across the enterprise, with a focus on GenAI, AI agents and agentic AI.
• Lead the research and development for validation of new types of models.
• Measure the effectiveness of AI model validation and ongoing monitoring practices, recommending enhancements as required.

Risk Assessment & Advisory

• Conduct independent analysis to assess AI model risks associated with new business initiatives and third‑party engagements, recommending actions or escalation as appropriate.
• Provide advice and guidance to the first line of defence on AI model testing, monitoring, and remediation, delivering credible and technically grounded challenge.
• Identify emerging risks, issues, and trends related to AI models to inform senior management decision‑making.

Stakeholder & Regulatory Engagement

• Work closely with other second‑line and compliance functions (e.g., Technology Risk, Data Risk, Legal) to ensure clear role delineation and alignment.
• Act as the primary contact for internal and external stakeholders, including regulators, on matters related to AI model validation.
• Represent the AI model validation portfolio in internal and external audits, regulatory reviews, and examinations.
• Communicate complex and abstract technical concepts clearly and succinctly to senior and non‑technical audiences.

Leadership & Capability Building

• Recommend measures to improve organizational effectiveness. Drive innovation and application of AI and GenAI in MRM to improve effectiveness and efficiency.
• Attract, retain, and develop top technical talent within the AI model validation team.
• Drive high performance through coaching, feedback, and accountability, addressing performance issues as required.
• Influence cross‑functional collaboration and ways of working across teams and groups.
• Recommend strategic priorities, resource requirements, and execution roadmaps for the AI model validation capability.
• Foster a culture aligned with BMO’s values, purpose, and commitment to diversity and inclusion.

Strategic Contribution

• Act as a trusted advisor to senior leaders on AI model risk, validation outcomes, and strategic initiatives.
• Apply expert judgment and creative problem‑solving to address complex, ambiguous, and interdependent issues.
• Network with external peers and industry forums to stay current on best practices and regulatory expectations in AI model validation practices.
• Support enterprise strategic initiatives through expert technical input and execution leadership.

Broader work or accountabilities may be assigned as needed.

Qualifications

• Typically 9+ years of relevant experience and post‑secondary degree in a related field of study or an equivalent combination of education and experience.
• Graduate degree in a quantitative field, Computer Science, Engineering or related field of study preferred.
• Expert knowledge of GenAI and/or AI agent, and evolving validation practices for AI models and other emerging model types.
• Expert knowledge of evolving regulatory requirements impacting AI model.
• Seasoned expert with extensive industry knowledge.
• Technical leader viewed as a thought leader for innovation.
• Verbal & written communication skills - Expert.
• Analytical and problem‑solving skills - Expert.
• Influence skills - Expert.
• Collaboration & team skills; with a focus on cross‑group collaboration - Expert.
• Able to manage ambiguity.
• Data‑driven decision making - Expert.

Salary and Compensation

$121,600.00 - $211,800.00

Le salaire varie en fonction de facteurs comme l’emplacement, les compétences, l’expérience, les études et les qualifications pour le poste et pourra inclure une structure de commissions. Les salaires pour les postes à temps partiel seront calculés au prorata du nombre d’heures travaillées régulièrement. Pour les rôles à commission, le salaire susmentionné représente la cible de BMO Groupe financier pour la première année au poste.

BMO offre également une assurance santé, le remboursement des frais de scolarité, une assurance accident et une assurance vie, ainsi que des régimes d’épargne‑retraite. Pour en savoir plus sur nos avantages sociaux, consultez le site :

EEO and Accessibility Statement

BMO s’engage à offrir un milieu de travail inclusif, équitable et accessible. Nous apprenons de nos différences et tirons notre force des gens et de leurs différents points de vue. Des mesures d’adaptation sont disponibles sur demande pour les candidats qui participent à tous les aspects du processus de sélection. Pour demander des mesures d’adaptation, veuillez communiquer avec votre recruteur.