Director Enterprise Model Validation

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Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

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Ge to Know the Opportunity :

The Director of Model Validation directly reports to the Head of Corporate Risk within the Voya Enterprise Risk Management organization. This role is responsible for leading the independent validation of all models across the enterprise, including actuarial, asset management, non-financial, and AI / ML models. The Director ensures that model risk is effectively identified, assessed, and mitigated in alignment with regulatory expectations and internal governance standards. The position plays a critical role in enhancing model transparency, audit readiness, and risk-adjusted decision-making.

The Contributions You’ll Make :

The list that follows is not intended to be a comprehensive list; it is intended to provide a representative summary of the major duties and responsibilities. Incumbent(s) may not be required to perform all duties listed, and may be required to perform additional, position-specific tasks. This includes :

• 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

Knowledge & Experience :

#LI-KD1

Compensation Pay Disclosure :

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and / or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and / or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$166,310 - $207,890 USD

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind : To help you and your family be well and stay well.

What We Offer

Critical Skills

At Voya, we have identified the following critical skills which are key to success in our culture :

Equal Employment Opportunity

Reasonable Accommodations