Model Governance, Senior Specialist at Aviva · Markham

Model Governance, Senior Specialist Location: Markham Experience Aviva Together, we are Aviva. Our values — Care, Commitment, Community, and Confidence — guide how we show up for each other and for our customers. Individually, they’re words. Together, they define who we are. At Aviva Canada, we put people first, our employees, our customers, and our communities. We’re proud of a culture built on care, inclusion, and collaboration, where your voice matters and your growth is supported. We’re not just about insurance; we’re about making a real difference by protecting what matters most. The Opportunity The Model Governance, Senior Specialist will lead coordination of Aviva Canada’s Model Risk Management program implementation and, following project completion, support the ongoing coordination and oversight of first‑line and second‑line model risk controls, including AI/ML models. This role combines strong governance and stakeholder management skills with sound technical knowledge and practical understanding of model lifecycle management. What you’ll do: Coordinate delivery of the OSFI E‑23 implementation program, including policies, standards, inventory, reporting, and lifecycle controls. Act as a central liaison between first‑line model owners, second‑line oversight, and other partners such as Technology, Data, Privacy, Legal, Cyber, and Procurement. Maintain and enhance model and AI governance processes, including inventory management, risk tiering, documentation, assurance review, monitoring, issue tracking and remediation. Support governance of AI use cases and models by coordinating assessments related to explainability, bias/fairness, transparency, human oversight, and ongoing performance monitoring. Prepare portfolio-level risk and performance reporting, governance updates, and materials for senior management and oversight forums. Build rapport across stakeholders, influence outcomes, and drive consistent execution of governance requirements. What you’ll bring: 5+ years of experience in model risk, model/analytics governance, AI governance, ideally in financial services industry Strong technical knowledge and practical experience of model lifecycle management and control requirements, including development, validation, deployment, monitoring, and retirement. Working knowledge of AI/ML governance concepts and relevant frameworks such as NIST AI RMF and ISO/IEC 42001 Strong documentation, coordination, communication, influencing, and relationship‑building skills, with the ability to work across functions. Experience with model/AI inventory and workflow tools What you’ll get: The salary band for this position ranges from $100,000 to $115,000. Please note that individual salary is determined by factors such as job-related knowledge, skills and experience, as well as internal equity. Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities. Hybrid flexible work model. Outstanding career development opportunities. We’ll support your professional development education. Competitive vacation package with the option to purchase 5 extra days off per year. Employee-driven programs focused on gender, LGBTQ+, origins, diversity, and inclusion. Corporate wellness programs to support our employees’ physical and mental health. This job advertisement is for an existing vacancy which has been posted both internally & externally. Aviva Canada may use AI (Artificial Intelligence) tools to assist us throughout the recruitment process to screen, assess or select applicants for a position. Aviva Canada welcomes applications from all qualified individuals and has a process in place to provide accommodations for persons with disabilities at all stages of the hiring process and during employment. If you require an accommodation during the interview or hiring process, please contact your Aviva Talent Acquisition Partner so that an appropriate accommodation can be arranged. #LI-MH1 #LI-Hybrid