Job Description
The Senior Manager, AI Risk (Audit & Regulatory Affairs Lead), operating within the second line of defense (Operational Non-Financial Risk), is responsible for overseeing AI risk management activities for assigned business portfolios while serving as the primary lead for AI-related regulatory engagement, assurance activities, audit coordination, and emerging regulatory intelligence.

The role provides ongoing second-line oversight and effective challenge over AI use cases within assigned portfolios, while also acting as the central coordination point for Internal Audit, regulators, independent reviews, and external assurance activities.

The incumbent will monitor the evolving AI regulatory landscape, assess implications for AI governance framework, and provide strategic guidance to ensure continued alignment with supervisory expectations and industry best practices.

By establishing dedicated ownership of regulatory and assurance activities, this role reduces execution risk associated with regulatory examinations, audit engagements, and evolving regulatory requirements while enabling the broader AI Risk Oversight Group to maintain effective risk governance and portfolio oversight responsibilities.
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Additional / Revised Key Accountabilities
• Oversee and provide effective challenge on AI risks for an assigned portfolio of business groups and AI use cases, consistent with second-line responsibilities.
• Establish ongoing monitoring activities for assigned portfolios and identify emerging AI risks, control weaknesses, and governance concerns.
• Serve as the primary liaison for Internal Audit, regulators, independent review functions, and external assessors on AI risk matters.
• Coordinate AI Risk participation in regulatory examinations, thematic reviews, horizontal reviews, independent assessments, and audit engagements.
• Lead the development of regulatory briefing materials, examination responses,



supervisory requests, and executive communications related to AI risk management.
• Conduct ongoing regulatory scanning and horizon monitoring of global AI regulations, regulatory guidance, enforcement actions, and industry developments.
• Assess the potential impact of emerging regulatory requirements on AI Risk Framework, directives, standards, governance practices, and control environment.
• Provide thought leadership and recommendations regarding regulatory trends, supervisory expectations, and industry best practices related to responsible AI.
• Identify themes and learnings arising from audit observations, regulatory feedback, industry events, and peer practices and incorporate them into framework enhancements.
• Represent the AI Risk Oversight Group at internal and external governance forums related to AI regulation, policy, assurance, and industry developments.
• Lead the planning, coordination, governance, and reporting of complex cross-functional AI risk initiatives, regulatory examinations, audit engagements, and assurance activities.
• Establish and maintain integrated workplans, dependency management, risk tracking, milestone reporting, and executive governance routines to support delivery of regulatory and assurance commitments.
• Drive accountability across business, technology, risk, compliance, legal, and audit stakeholders to ensure timely execution of agreed actions and deliverables.
• Escalate risks, issues, delays, and interdependencies to senior leadership and governance forums as appropriate.





We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day.

We are an equal opportunity/affirmative action employer that believes everyone matters.

Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances.

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Skills and Requirements
• 7-8+ years of project/program management experience
• Experience leading large, cross-functional transformation or remediation programs
• Strong stakeholder management skills with ability to drive consensus across diverse groups
• Experience identifying, tracking, escalating, and resolving risks/issues
• AI governance subject matter expertise
• Understanding of AI risk frameworks and controls
• Experience serving as a key point of contact for audit, regulatory, or assurance activities
Key Soft Skills
• Ability to work with a wide range of personalities and stakeholders
• Solid influence and consensus-building skills
• Ownership mentality and proactive problem solving • Banking/financial services experience
• AI implementation experience
• Exposure to AI governance frameworks such as NIST, OECD, and ISO/IEC 42001

📌 Senior Manager, AI Risk (Audit & Regulatory Affairs Lead) (Toronto)
🏢 Insight Global
📍 Toronto