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Senior Audit Manager, Artificial Intelligence Expert
1 month ago
We are seeking a highly skilled and experienced Senior Audit Manager to join our Artificial Intelligence (AI) Audit team. As a key member of our team, you will be responsible for leading and supporting data-related audits, providing subject matter expertise on AI risk management, and collaborating with business partners to ensure a comprehensive approach to AI risk audits and advisory engagements.
Key Responsibilities- Lead the development and timely execution of the internal audit plan focused on AI risk, ensuring alignment with the bank's overall audit strategy and risk management framework.
- Determine and propose the risk-based scope of audits covering AI, including GenAI.
- Collaborate with business partners within various lines of business to ensure a comprehensive approach to AI risk audits and advisory engagements.
- Present audit findings and AI risk exposures to stakeholders, including senior management and relevant stakeholders.
- Participate in AI-related risk committees as a representative of the GA&A function.
- Ensure that corrective actions are appropriately designed, implemented, and effective in mitigating identified risks.
- Foster a strong culture of AI risk awareness within the audit team and across the business.
- Support training programs and awareness initiatives related to AI risk and contribute to the continuous improvement of the internal audit processes.
- Hands-on experience in AI risk management practices, including model development, validation/testing, or governance/internal audit of advanced statistical techniques of deep learning, ensemble learning, natural language processing, neural networks, reinforcement learning, and large language models.
- Strong experience of Internal Audit and compliance framework.
- Deep understanding of the implications and concepts of AI, including model explainability, transparency, and model bias.
- Knowledge of relevant regulatory requirements within AI/model risk management.
- Preferred managerial experience of SME audit teams.
- Excellent project management and organisational skills to deliver across multiple competing and time-bound priorities.
- Strong verbal and written communication skills with the ability to explain complex concepts using simple language.
The Commonwealth Bank of Australia is Australia's leading provider of integrated financial services. We are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders, and customers' needs. Our Group Audit and Assurance (GA&A) function provides independent and objective assurance of the effectiveness of the Group's risk management, controls, and governance processes.
We are committed to keeping pace with the latest global best technology and innovation, and our AI Audit team is at the forefront of this effort. We are seeking a highly skilled and experienced Senior Audit Manager to join our team and contribute to our mission of delivering smarter, faster, and safer outcomes to address current and emerging risks and provide better assurance outcomes for our customers and community.
