At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

As an IT & AI Risk Management Lead, you'll have accountabilities to help identify, analyze, manage, challenge, aggregate, and report on technology, AI and model risk. You'll develop relationships with key stakeholders, leads and execute risk and return reviews to identify risk mitigation gaps and opportunities, and provide governance and monitoring oversight for technology, AI, and model risk.

Key Responsibilities

Build and maintain robust relationships with business partners to stay abreast of top risk and control issues, and to understand and support enterprise strategy for technology, AI, and model
Lead and execute cross-functional risk and return reviews, control testing, monitoring, and health checks of company processes, standards for technology, AI and model risk management
Develop and communicate risk and return transparency in a meaningful manner for various audiences (e.g., risk owners, various risk committees, key senior leader stakeholders, etc.)
Remain up to date on laws and regulations affecting the business areas (technology, AI, model)
Research and evaluate emerging trends and threats in technology, AI, and model to identify risk or emerging risk
Lead and execute various model risk strategy tracks across the enterprise model risk management teams
Coordinate the implementation of Generative AI and broader AI deployment requirements across the enterprise
Partner with Business Unit CROs, leaders, model stewards and developers to integrate 1st line controls and capabilities into enterprise model risk management

Supervisory Responsibilities

Lead cross-functional teams across the risk organization to support strategic initiatives and run the business testing and monitoring oversight efforts

Education And Experience

4-year bachelor's degree (technology or data science related degree preferred)
5 or more years risk management or audit experience in technology/AI/model (preferred)
In lieu of the above education requirements, an equivalent combination of education and experience may be considered
Knowledge of operational risk frameworks and governance risk and compliance tools and processes (preferred)
Financial services industry experience (preferred)

CERTIFICATIONS, LICENSES, REGISTRATIONS

CISA, CRISC, CISSP, GIAC, ITIL (preferred)

Functional Skills

Adept in technology, AI/ model, and data management
Adept in risk assessments, analysis and risk mitigation and can coach less experienced team members
Strong critical thinking, adaptability, and problem-solving skills with the ability to navigate around complex business and technology issues navigating complex situations
Able to partner and support/embed governance controls in 1st and 2nd line
Can identify and communicate cross-theme risks and possible solutions for complex initiatives
Able to identify risk theme insights and applicable KRIs
Ability to build and leverage key relationships to stay abreast of risk and control issues
Strong communication (written and oral) skills with the ability to communicate complex subject matter effectively using a range of communication styles and methods
Strong leadership, project, and time management skills, with the ability to effectively prioritize and lead cross-functional engagement teams to deliver desired outcomes by due dates
Ability to conduct research and evaluate emerging trends and threats in technology, AI, and model to and identify areas where risk may be an issue in the future
Ability to consider interdependencies, industry trends, business & economic conditions and anticipate or understand implications when making recommendations

Skills

Customer Centricity, Digital Literacy, Emerging Risks, Inclusive Leadership, Learning Agility, Model Risk, Results-Oriented, Risk Framework, Risk Management, Risk Mitigation Strategies, Risk Strategies

Compensation

Compensation offered for this role is $85,600.00 - 152,650.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.

You’ll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we’ve proven that Allstate empowers everyone to lead, drive change and give back where they work and live.

Good Hands. Greater Together.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

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Allstate jobs

IT & AI Risk Management Lead