Director, Risk Model Validation

Voya Financial is hiring a Director of Risk Model Validation within its Enterprise Risk Management organization, reporting to the Head of Corporate Risk. The Director leads the independent validation of all models across the enterprise, including actuarial, asset management, non-financial, and AI/ML models.

The role establishes and executes validation methodologies aligned with model governance standards and regulatory expectations (including NAIC Model Risk Guidance and SR 11-7), assesses model conceptual soundness and performance, and partners with model owners and stakeholders. The position emphasizes leadership, stakeholder management, and staying current with AI/ML model validation and emerging regulatory frameworks.

Qualifications

• 10+ years in model risk management, validation, or quantitative analytics in insurance/financial services
• Actuarial model validation experience strongly preferred
• Proficiency with Python, R, and statistical modeling software
• Deep understanding of model governance and regulatory expectations (NAIC Model Risk Guidance, SR 11-7)
• Familiarity with AI/ML model validation and emerging regulatory frameworks