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Malvern, PA; Charlotte, NC
Source: Vanguard careers · View original posting
From Vanguard's posting. “We” and “our” refer to the employer.
The Model Risk Management (MRM) Team, part of Vanguard’s second line of defense, is seeking an experienced model risk professional to support independent oversight of AI/ML and generative AI models built and/or used across the enterprise.
Vanguard is a global investment management firm with a mission to give investors the best chance for investment success. Across its businesses and support functions, Vanguard uses AI to drive effectiveness, efficiency, and a range of key business outcomes.
In this role, you will lead the independent validation and challenge of AI models, ensuring they are conceptually sound, well‑governed, and fit for purpose. You will work closely with data scientists, quantitative developers, model users, and technology partners, providing credible challenge while maintaining strong, collaborative relationships with the business.
Beyond individual model reviews, you will help drive the evolution of Vanguard’s model risk management framework, shaping methodologies, standards, and practices that support consistent, enterprise‑wide application of model risk principles.
Core Responsibilities
Assess models and systems using generative AI throughout their lifecycle including leading independent validations and assessment of ongoing monitoring, change management, and remediations of model risk findings
Provide effective challenge of model assumptions, methodologies, data, testing, implementation, monitoring and limitations, with a focus on material risk drivers
Assess compliance with internal AI standards, emerging regulatory requirements, and governance expectations related to AI/ML and generative AI systems, including fairness, explainability, transparency, and human oversight
Ensure timely execution of model validation and high-quality validation reports that meet internal standards, and communicate validation findings clearly to technical and non‑technical stakeholders
Develop, maintain and enhance validation procedures to support a consistent, risk-based approach for independent validation and effective challenge of AI/ML and generative AI systems, including keeping informed of the evolution of technology in generative and agentic AI
Contribute to the design and enhancement of model risk management policies, standards, and procedures across the full model lifecycle (inventory, development, validation, approval, and ongoing monitoring)
At Vanguard, we don't just have a mission—we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
LAYIQ is an independent job-discovery service. This listing does not imply a partnership with or endorsement by the employer. Review the original posting for current details and availability.
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