Chief Risk Officer (CRO), Financial Services, Banking

Chief Risk Officer (CRO), Financial Services, Banking

About the Company

Financially stable banking business with year-on-year growth and a customer-focused culture

Industry
Banking

Type
Privately Held

About the Role

The Company is seeking a Chief Risk Officer to join their team. The successful candidate will be responsible for the governance of risks and the development and monitoring of the Enterprise Risk Management Program. This role involves partnering with the business leadership team to identify and address relevant risks, implementing meaningful risk reporting, and ensuring the bank's risk management framework aligns with business strategy, regulatory requirements, and risk appetite. The Chief Risk Officer will also oversee compliance with consumer protection laws, BSA requirements, and maintain robust information security policies to protect customer data.

Applicants for the Chief Risk Officer position at the company must have a Bachelor's degree and significant experience in banking risk and compliance, with a focus on consumer and community banking. The role requires a strategic leader who can lead and improve risk, compliance, information security, BSA, and CRA programs. Responsibilities include conducting regular risk assessments, developing and implementing risk mitigation strategies, and providing support and guidance on risk management activities. The Chief Risk Officer will also be involved in operational risk management, including fraud prevention, business continuity planning, and crisis management, and will be the primary contact for regulatory examinations. Continuous monitoring and improvement of risk management practices to align with best practices and emerging risks is essential.

Hiring Manager Title
Chief Executive Officer

Functions

• Finance

Confidential