Job Description

Job Description

Job Description

Job Title: Chief Risk Officer (CRO)

Job Summary: The Chief Risk Officer (CRO) is responsible for the organization's overall risk management strategy, ensuring that all risk-related activities are aligned with the company's goals and risk appetite. This role involves overseeing risk identification, assessment, and mitigation efforts, as well as leading the risk management function to safeguard the organization's assets and reputation.

Responsibilities:

• Develop and implement the organization's risk management strategy, ensuring alignment with business objectives and regulatory requirements.
• Oversee the identification, assessment, and management of enterprise-wide risks, including operational, financial, strategic, and compliance risks.
• Establish and maintain risk management policies, procedures, and controls to manage and mitigate risks effectively.
• Provide strategic guidance to senior management and the board of directors on risk-related matters and risk management practices.
• Lead and manage the risk management team, fostering a culture of proactive risk management and continuous improvement.
• Monitor and analyze risk trends, emerging risks, and industry developments, adjusting risk management strategies as necessary.
• Ensure that risk management activities are integrated into business processes and decision-making at all levels of the organization.
• Oversee risk-related audits, investigations, and compliance reviews, addressing any issues and implementing corrective actions.
• Prepare and present risk management reports, metrics, and updates to senior executives and the board of directors.
• Collaborate with other departments, such as compliance, legal, and finance, to enhance overall risk management efforts and ensure regulatory compliance.

Qualifications:

• Bachelor's degree in Risk Management, Finance, Business Administration, or a related field; Master's degree preferred.
• Extensive experience in risk management, including senior leadership roles and strategic planning.
• Deep understanding of risk assessment methodologies, risk management frameworks, and regulatory requirements.
• Proven ability to develop and implement comprehensive risk management strategies and controls.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent leadership and team management capabilities.
• Effective communication and interpersonal skills for interacting with senior executives, the board of directors, and external stakeholders.
• Relevant certifications (e.g., Certified Risk Manager, Certified Risk Management Professional) are a plus.

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