AAIA Course #3: AI Governance Program Design and Ownership

Master AI governance program design and solve the ownership gap that derails 90% of enterprise AI deployments. This deep-dive covers the five-stage governance lifecycle, RACI accountability frameworks, and the three-lines model that separates model risk management from independent audit assurance. When Meridian's governance committee searched for the fraud-scoring model's owner post-deployment, they found no one. Risk pointed at data science; data science pointed at the vendor. This video builds the structural scaffolding that prevents that breakdown: a model inventory with risk tiering, clear board-approved AI usage principles, and named accountability for every control. You'll learn: • The five-stage AI governance lifecycle and handoff risks • Building a model inventory and AI registry as the foundational control • Risk tiering criteria that drive downstream governance intensity • RACI matrices and the pilot-in-command principle of accountability • The three-lines model: business ownership, risk management, and independent audit assurance • Design effectiveness versus operating effectiveness — why documented execution beats written policy • The Meridian gap: why monitoring on paper is not monitoring in practice Chapters: 0:00 Introduction 1:07 Key Terms and Definitions 3:16 The Five-Stage AI Governance Lifecycle 5:55 Model Inventory and AI Registry 8:09 Risk Tiering and Classification 10:13 AI Policy Hierarchy and Board Approval 12:46 RACI Accountability Framework 15:07 Three Lines Model and Independence 17:30 Control Design vs. Operating Effectiveness 19:20 Real-World Governance Gaps 22:16 Five Decision Rules 🔗 ISACA AAIA Exam: https://www.isaca.org/credentialing/aaia 📋 Full Playlist: https://www.youtube.com/@StackLessons... StackLessons creates hands-on exam prep content for cloud & AI certifications. Like & Subscribe for more content! Need more practice questions? Visit https://certcompanion.com/exams #ISACA #AAIA #AIAudit 📌 Chapters 0:00 Introduction 1:07 Key Terms and Definitions 3:16 The Five-Stage AI Governance Lifecycle 5:55 Model Inventory and AI Registry 8:09 Risk Tiering and Classification 10:13 AI Policy Hierarchy and Board Approval 12:46 RACI Accountability Framework 15:07 Three Lines Model and Independence 17:30 Control Design vs. Operating Effectiveness 19:20 Real-World Governance Gaps 22:16 Five Decision Rules #ISACA #AAIA #AIGovernance