Job Description
Position:Artificial Intelligence Ethics Officer
Company:FirstRand Limited
Location:Pretoria, South Africa
Experience:5-8 years
Education:Bachelor’s degree in Computer Science, Ethics, Law or related field
Employment Type:Full-time
Industry:Banking and Financial Services
Department:Compliance & Risk Management
Salary:R600,000 – R900,000 per annum
Vacancies:1
Company Overview
FirstRand Limited is one of South Africa’s leading financial services groups, offering a broad spectrum of banking, insurance, and investment solutions to individuals and businesses. With a strong commitment to innovation, FirstRand has embraced digital transformation, leveraging artificial intelligence (AI) to enhance customer experiences, streamline operations, and drive sustainable growth. The bank’s ethical standards are deeply embedded in its corporate culture, and it continuously seeks to align cutting‑edge technology with responsible practices. As part of its strategic vision, FirstRand is expanding its AI governance framework to ensure that AI systems are transparent, fair, and compliant with regulatory expectations. This role offers a unique opportunity to shape the ethical landscape of AI within a major South African financial institution, contributing to the broader discourse on responsible AI in the region.
FirstRand’s dedication to diversity, inclusion, and community development makes it an employer of choice for professionals seeking meaningful impact. The organization’s robust learning ecosystem, collaborative environment, and focus on employee well‑being provide a fertile ground for career advancement. Join a forward‑thinking team that values integrity, innovation, and social responsibility while delivering world‑class banking services across South Africa and beyond.
Job Overview
The Artificial Intelligence Ethics Officer will lead the development, implementation, and monitoring of ethical AI policies and practices across FirstRand’s digital platforms. Reporting to the Head of Compliance, the officer will work closely with data scientists, product managers, legal counsel, and senior leadership to embed ethical considerations into AI lifecycle stages—from data collection and model training to deployment and post‑implementation monitoring. This role is pivotal in ensuring that FirstRand’s AI initiatives comply with local regulations, international standards, and the bank’s own ethical commitments, thereby safeguarding customer trust and mitigating reputational risk.
As part of the broader compliance function, the officer will also serve as an internal advisor on emerging AI regulations, such as the Protection of Personal Information Act (POPIA) and forthcoming AI‑specific legislation. The position offers a platform to influence policy, drive cross‑functional collaboration, and champion responsible AI across the organization.
For more information about FirstRand’s digital strategy, visit https://southafricajobsearch.com.
Explore regional opportunities at https://www.mozambiquejobsearch.com/.
Learn about similar roles in other African markets at https://www.sierraleonejobsearch.com/.
Key Responsibilities
- Develop, maintain, and continuously improve FirstRand’s AI Ethics Framework, aligning it with global best practices and local regulatory requirements.
- Conduct ethical risk assessments for AI projects, identifying potential biases, fairness concerns, and privacy implications.
- Collaborate with data science and product teams to embed ethical guidelines into model design, data sourcing, and algorithmic decision‑making processes.
- Provide training and awareness programs for staff on AI ethics, responsible AI use, and regulatory compliance.
- Monitor AI systems post‑deployment to detect unintended outcomes, bias drift, or compliance breaches, and recommend corrective actions.
- Serve as the primary liaison with regulators, industry bodies, and external auditors on AI‑related matters.
- Prepare and present ethical AI reports to senior leadership and the board, highlighting risk mitigation strategies and compliance status.
- Lead incident response for AI‑related ethical concerns, ensuring timely investigation and remediation.
Required Skills
- Deep understanding of AI/ML concepts, data governance, and algorithmic bias mitigation techniques.
- Strong knowledge of South African data protection laws (POPIA) and emerging AI regulations.
- Excellent analytical and problem‑solving abilities, with a keen eye for detail.
- Effective communication skills to translate complex technical concepts into clear business guidance.
- Proven experience in developing ethical frameworks or governance policies for technology initiatives.
- Ability to work collaboratively across multidisciplinary teams and influence senior stakeholders.
- High ethical standards, integrity, and a commitment to responsible innovation.
Education
A Bachelor’s degree in Computer Science, Data Science, Ethics, Law, Philosophy, or a related discipline is required. Advanced degrees (Master’s or PhD) in AI ethics, technology policy, or related fields are highly desirable.
Experience
Minimum of 5 years of experience in AI governance, compliance, risk management, or a related role within the financial services sector. Prior experience in a banking environment, especially in regulatory compliance or data ethics, is preferred.
Salary
The annual compensation range for this position is between R600,000 and R900,000, commensurate with experience and qualifications. The package includes performance‑based bonuses and comprehensive benefits.
Benefits
- Competitive salary with annual performance bonus.
- Medical aid and life insurance coverage.
- Retirement savings plan with employer contributions.
- Generous paid leave and flexible working arrangements.
- Professional development budget and support for certifications.
Training
- Access to internal AI ethics workshops and external certification programs (e.g., IEEE Ethics in AI).
- Mentorship from senior compliance and technology leaders.
- Regular participation in industry conferences and webinars on responsible AI.
Working Environment
FirstRand offers a modern, collaborative workspace in Pretoria’s central business district, equipped with state‑of‑the‑art technology and flexible work‑from‑home options. The culture emphasizes continuous learning, open communication, and a strong sense of purpose, encouraging employees to innovate responsibly while maintaining a healthy work‑life balance.
Application Process
Interested candidates should submit an online application through FirstRand’s career portal, attaching a detailed CV and a cover letter outlining their experience with AI ethics and compliance. Shortlisted applicants will undergo a competency interview followed by a technical assessment focused on ethical risk analysis.
Equal Opportunity Statement
FirstRand Limited is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of race, gender, age, disability, sexual orientation, religion, or any other characteristic protected by law.