Director of Governance, Risk, and Compliance (GRC)

As the Director of Governance, Risk, and Compliance (GRC) at Trase, your primary responsibilities will include developing and implementing a comprehensive GRC framework for AI systems, leading risk assessments to identify and mitigate threats associated with AI deployment, and creating policies to ensure ethical AI usage. You'll also monitor regulatory developments and integrate GRC principles across various teams, all while building a talented team of professionals to support our clients in their AI adoption journey.

To qualify for the Director of Governance, Risk, and Compliance (GRC) role at Trase, candidates should possess a Bachelor's degree in Computer Science, Information Systems, or a related field (Master’s preferred). Additionally, 8+ years of experience in governance, risk management, and compliance roles, particularly in technology-focused organizations, is essential. Familiarity with AI technologies and relevant compliance frameworks like the NIST AI Risk Management Framework further strengthens your application.

The Director of Governance, Risk, and Compliance (GRC) plays a critical role in enabling AI adoption at Trase by designing comprehensive GRC strategies that help organizations mitigate risks while leveraging AI technologies. This involves conducting risk assessments, developing policies for responsible AI use, and providing training on GRC best practices, ensuring our clients can confidently deploy AI solutions within their operations.

Essential skills for the Director of Governance, Risk, and Compliance (GRC) role at Trase include strong leadership and communication abilities, strategic thinking, and a deep understanding of governance principles related to AI. Familiarity with regulatory standards, risk assessment methodologies, and experience with GRC tools are also vital. The ability to articulate complex concepts to both technical and non-technical stakeholders is crucial for success in this position.

The salary range for the Director of Governance, Risk, and Compliance (GRC) at Trase is between $170,000 and $230,000. This range is reflective of the typical compensation for this role, depending on factors like experience, skills, and industry knowledge, ensuring that we attract the best talent to guide our GRC initiatives.

When answering this question, focus on specific projects you've led, particularly those involving risk assessment frameworks and compliance measures. Detail the steps you took to implement these programs and how they benefitted the organization. Always tie your response back to how these experiences would benefit Trase's AI governance initiatives.

It's essential to demonstrate a commitment to continuous learning by discussing the resources you utilize. Mention any professional associations you're part of, industry journals you read, or conferences you attend. Highlight how staying informed enables you to better advise your team and clients.

Discuss specific methodologies like NIST or OCTAVE that you have applied in past positions. Explain how these methodologies were tailored to your organization’s specific needs and any improvements in compliance or risk mitigation they yielded. Relate these methodologies to potential applications at Trase.

Share your philosophy on team leadership, including how you would identify and nurture talent. Discuss your approach to fostering a collaborative environment and ensuring that your team is equipped with the skills and knowledge necessary to succeed in managing AI governance challenges.

Use the STAR method (Situation, Task, Action, Result) to frame your answer. Describe the compliance issue, your role in addressing it, the actions you took to resolve it, and the positive outcome that resulted from your efforts. Be specific to show your problem-solving capabilities.

Illustrate your understanding of contemporary governance challenges in AI, such as transparency, bias, and data privacy. Discuss why these are critical issues and how you believe organizations can address them effectively, enhancing your position as a knowledgeable candidate.

Explain the importance of integrating GRC into the overall business strategy. Describe your experience in aligning GRC goals with company objectives and share examples of how doing so has created value for the organization.

Discuss your approach to simplifying complex concepts without diluting their importance. Highlight your communication skills and any tools or methods you use, such as equipping visuals or summaries, that help facilitate understanding among non-technical stakeholders.

Describe the metrics and reporting mechanisms you have used in the past to assess GRC initiatives' success. Emphasize the importance of gathering data to continuously refine and enhance the GRC framework, ensuring it meets evolving needs.

Articulate your understanding of ethical AI adoption, focusing on factors such as fairness, accountability, and transparency. Share your views on how organizations should embed these principles into their GRC strategies and your experiences promoting responsible AI use.