Voya Financial · 18 hours ago
Director Enterprise Model Validation
Voya Financial is committed to providing opportunities for a better financial future for everyone. The Director of Model Validation is responsible for leading the independent validation of all models across the enterprise, ensuring effective identification and mitigation of model risk in alignment with regulatory expectations and internal governance standards.
Responsibilities
Model Validation Oversight: Direct and execute the enterprise-wide model validation program, ensuring all models, including actuarial and asset management tools, are validated according to their risk tier and regulatory requirements
AI/ML Model Review: Establish and oversee validation protocols for AI/ML models, including annual validation cycles and evolving regulatory guidance
Governance & Frameworks: Develop and maintain a formalized, risk-based model validation framework, including policies, procedures, and documentation standards
Team Leadership: Manage a small team of validation analysts including those dedicated to AI/ML and non-AI models
Stakeholder Engagement: Collaborate with model owners, business units, internal audit, compliance, and IT to ensure timely and effective validations
Regulatory Interface: Support regulatory exams and ORSA reporting by providing validation evidence, schedules, and governance documentation
Platform Integration: Oversee the use of centralized validation platforms (e.g., Riskonnect) to streamline workflow, documentation, and audit tracking
Build strong relationships and collaborate effectively on cross-functional teams
Perform other related duties as assigned
Qualification
Required
Bachelor's degree with actuarial credentials (ASA, FSA, or equivalent designation) or advanced degree (Master's/PhD) in mathematics, statistics, actuarial science, finance, data science, or a related field
10+ years of experience in model risk management, validation, or quantitative analytics within insurance or financial services; actuarial model validation experience strongly preferred
Proficiency with programming languages such as Python, R, statistical modeling software
Deep understanding of model governance, regulatory expectations (e.g. NAIC Model Risk Guidance, SR 11-7), and industry best practices for validation
Familiarity with AI/ML model validation and emerging regulatory frameworks
Outstanding attention to detail, problem solving abilities, strong leadership, communication, and stakeholder management skills
Proficiency with model documentation tools and governance platforms (e.g., Riskonnect, Archer)
Demonstrate the ability to deal with multiple issues simultaneously and to handle ambiguity and accountability while not always being in direct control of all areas involved
Benefits
Health, dental, vision and life insurance plans
401(k) Savings plan – with generous company matching contributions (up to 6%)
Voya Retirement Plan – employer paid cash balance retirement plan (4%)
Tuition reimbursement up to $5,250/year
Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
Paid volunteer time — 40 hours per calendar year
Company
Voya Financial
Voya Financial is a financial services company that specializes in the fields of retirement, investments, and insurance.
H1B Sponsorship
Voya Financial has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (4)
2023 (2)
2022 (1)
2021 (5)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
unknown2018-06-01Acquired
2013-05-02IPO
Recent News
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