AI Model Governance and Validation Specialist (m/f/d)

📢 Join our team as an AI Model Governance and Validation Specialist (m/f/d)!📢 The Model Risk Management (MRM) team within Enterprise Risk Management is responsible for establishing governance and controls to manage risks arising from the use of models across Commerzbank. Our mission is to ensure confidence in the models that support business decision-making, identify and mitigate model-related risks, and maintain compliance with regulatory requirements. As the second line of defense for model risk and AI governance, MRM defines and maintains model risk management standards, performs independent model validations, and leads the Bank’s AI governance framework. The MRM team is responsible for managing and reporting model risks across all model families, ranging from established financial and risk models to emerging AI and machine learning solutions. In this role, you will help strengthen the Bank’s capabilities in the governance, control, and validation of AI/ML models, contributing to a robust, risk-based approach that fosters trust in Commerzbank’s rapidly expanding AI landscape. What will be your responsibilities? • Continuously develop and enhance the model risk management framework in line with advances in AI/ML technologies, including Agentic AI, while taking into account evolving regulatory requirements. • Drive the implementation of AI governance and model risk standards in close collaboration with model owners, developers, and other stakeholders, helping to foster a strong risk-aware culture across the organization. • Understand business processes and use cases to assess key model risks, including bias, fairness, explainability, and model limitations. Identify control gaps and recommend appropriate risk mitigation measures. • Plan and perform independent validations of AI/ML models, or provide expert support and guidance to business units in their validation activities. Review technical documentation, evaluate model implementation and monitoring processes, prepare validation reports, communicate findings, recommend remediation actions, and provide clear executive-level summaries. • Support the effective inventory management of AI systems and use cases, ensuring timely and accurate model risk reporting. What is important for us? • A solid understanding of banking, financial services, or another regulated industry. Knowledge of financial products and the role of models in key banking processes (e.g., ICAAP, ILAAP, valuation, credit decision-making, and compliance) would be an advantage. • Knowledge of AI/ML techniques, including decision trees, random forests, gradient boosting, neural networks, and related methodologies. • Strong analytical and technical skills, including proficiency in Python, R, SQL, or equivalent tools, as well as hands-on experience with data analysis. • Familiarity with model risk concepts and an understanding of the unique risks associated with AI/ML models. Previous experience in model risk management, model development, or model validation would be considered a strong asset. • A university degree in Computer Science, Mathematics, Statistics, Data Science, Econometrics, Engineering, Physics, or another quantitative discipline. How? 📌 Remotely or open space office environment in Łódź and/or Wrocław. What do we offer? 🥳 🚩 Please add the following clause to your application: 1. I consent to the processing of personal data contained in this document by Commerzbank Aktiengesellschaft with its registered office in Kaiserstrasse 16, 60311 Frankfurt am Main, Germany, operating through the Branch in Poland with its registered office in Łódź, 91-203 Łódź, ul. Wersalska 6, KRS 0000631053, for the implementation of the current recruitment process and for the future recruitment for a period of 6 months, in accordance with the Regulation of the European Parliament and of the Council (EU) 2016/679 of 27 April 2016 on the protection of individuals with regard to the processing of personal data the free flow of such data and the repeal of Directive 95/46 / EC (RODO) and in accordance with the Act of 10 May 2018 on the protection of personal data (Journal of Laws of 2018, item 1000). I provided my personal data voluntarily and I declare that they are truthful. I have the right to withdraw this consent at any time. The withdrawal of consent shall not affect the lawfulness of processing based on consent before its withdrawal. 2. I have read the content of the information clause, including information about the purpose and methods of processing personal data and the right to access my personal data and about the right to correct, rectify and delete it.