Chief Risk Officer (CRO – Risk Focus)

Role Overview

The Chief Risk Officer (CRO) is responsible for leading the organization’s enterprise risk management (ERM) framework, ensuring effective identification, assessment, monitoring, and mitigation of risks across all business functions.

What You Will Do

Develop and implement a comprehensive enterprise risk management framework, define and maintain the organization’s risk appetite and risk tolerance levels, establish risk governance structures, policies, and procedures, ensure integration of risk management across all business units, identify key risks across credit, market, operational, liquidity, and strategic areas, conduct risk assessments, scenario analysis, and stress testing, monitor emerging risks and evolving market conditions, ensure proactive risk mitigation strategies, ensure compliance with regulatory requirements, liaise with regulators, auditors, and compliance bodies, maintain strong governance and internal control frameworks, oversee risk-related reporting and disclosures, monitor credit risk exposures, portfolio quality, and underwriting standards, oversee market risk including interest rate, FX, and investment risks, ensure risk-adjusted decision-making across lending and investment activities, implement risk limits and monitoring frameworks, oversee operational risks including process failures, fraud, cyber risk, and business continuity, implement internal controls and risk mitigation strategies, lead business continuity planning and crisis management, promote a strong risk culture across the organization, develop risk dashboards, metrics, and reporting frameworks, provide timely risk insights to executive leadership and Board, utilize data analytics for risk forecasting and monitoring, ensure transparency in risk reporting, advise CEO and Board on risk implications of strategic decisions, support mergers, acquisitions, and investment decisions from a risk perspective, align risk management with business growth objectives, balance risk and return in decision-making, lead and develop risk management teams, foster a risk-aware culture across the organization, establish performance standards and accountability, support talent development and succession planning.

Why It Might Be a Fit

Deep understanding of risk management frameworks and regulatory requirements, expertise in credit, market, operational, and liquidity risk, strong analytical and risk assessment skills, strategic thinking and decision-making ability, leadership and team management, excellent communication and stakeholder engagement, crisis management and problem-solving skills, experience in multinational or complex financial institutions, exposure to Basel frameworks and advanced risk modeling, strong relationships with regulators and industry stakeholders, ability to operate in a highly regulated and dynamic environment.

Requirements

• Master’s degree in Finance, Risk Management, Economics, or related field
• Professional certifications such as FRM, CFA, or PRM are highly desirable
• 12–18+ years of experience in risk management within banking, financial services, insurance, or investment sectors
• Proven experience in senior risk leadership roles (e.g., CRO, Head of Risk, Chief Credit Officer)
• Strong track record in enterprise risk management and regulatory compliance

Benefits

• Competitive executive salary
• Performance-based incentives
• Long-term incentives (where applicable)
• Executive benefits and allowances