The role of a Chief Risk Officer or CRO has steadily evolved as the World of Business has changed and developed, in 2024 the role is broader and more important than ever before. Here are some of the key duties and responsibilities together with notes, the exact specification depends on the business concerned, its product and market niche and if it is part of a group, floated on a stock market or trades internationally.

Job Title: Chief Risk Officer (CRO)

Location: [Location]

Department: Risk Management

Reports to: Chief Executive Officer (CEO) / Board of Directors

Job Type: Full-Time

About Us:

[Company Name] is a leader in the [industry or sector], dedicated to innovation, excellence, and sustainability. Our mission is to deliver exceptional value to our stakeholders while upholding the highest standards of integrity and governance. We are seeking an experienced and strategic Chief Risk Officer to join our executive team and lead our risk management efforts as we continue to grow and evolve.

Position Summary:

The Chief Risk Officer (CRO) is responsible for the development and implementation of a comprehensive risk management framework across the organization. This role involves identifying, assessing, and mitigating risks that could impact the organization’s strategic objectives. The CRO will work closely with the executive team and the board of directors to ensure that risk management practices are integrated into all aspects of the business and aligned with the company’s strategic goals.

Key Responsibilities:

• Risk Management Strategy: Develop and implement a comprehensive risk management strategy that aligns with the company’s strategic objectives and risk appetite.
• Risk Identification and Assessment: Identify, assess, and prioritize risks across the organization, including financial, operational, strategic, and compliance risks.
• Risk Mitigation: Develop and oversee the implementation of risk mitigation strategies and action plans to minimize potential negative impacts on the organization.
• Governance and Compliance: Ensure compliance with relevant laws, regulations, and industry standards. Establish and maintain risk management policies and procedures.
• Reporting and Communication: Provide regular risk reports to the executive team and the board of directors, highlighting key risks, trends, and mitigation strategies. Communicate risk management strategies and objectives to stakeholders at all levels.
• Enterprise Risk Management (ERM): Lead the development and implementation of an enterprise risk management framework to integrate risk management practices across all business units and functions.
• Crisis Management: Oversee the development and execution of crisis management and business continuity plans to ensure organizational resilience.
• Stakeholder Engagement: Engage with external stakeholders, including regulators, auditors, and industry partners, to ensure effective communication and compliance with risk-related requirements.
• Team Leadership: Lead and mentor the risk management team, fostering a culture of risk awareness and continuous improvement.

Qualifications:

• Bachelor’s degree in Risk Management, Finance, Business Administration, or a related field; a Master’s degree or professional certification (e.g., CRMP, CFA, FRM) is preferred.
• Minimum of [X] years of experience in risk management, with at least [X] years in a senior leadership role.
• Proven track record of developing and implementing effective risk management strategies and frameworks.
• Strong knowledge of risk management principles, methodologies, and tools.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and interpersonal skills, with the ability to influence and collaborate effectively with stakeholders at all levels.
• Experience in crisis management and business continuity planning is a plus.

Why Join Us?

• Opportunity to lead and shape the risk management strategy of a dynamic and growing organization.
• Collaborative and inclusive work environment.
• Competitive salary and benefits package.
• Professional development opportunities.

Application Process:

To apply, please submit your resume and a cover letter detailing your relevant experience and why you are a suitable candidate for this position to [email address]. Applications will be reviewed on a rolling basis.

[Company Name] is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Reach out to FD Capital today for your Chief Risk Officer (CRO) Recruitment.

FD Capital are a niche senior finance recruitment network of Finance Directors and CFO’s working together with professional recruiters, we have been active in the senior financial professional recruitment niche since 2018 and are based in Great Portland Street, London.   Our work is split between Part-Time, Interim and Permanent roles, around 50% of our portfolio is currently part-time, though interim and perm roles are growing faster currently.  We can help you prepare a job description if needed.  Keep an eye on our Jobs page as we advertise Finance Director roles there regularly.

We are always looking for new opportunities for our team, so if you need a Finance Director or Chief Financial Officer for your business either on a Part-Time, Interim or Full-Time basis, make sure to reach out to FD Capital Recruitment today.

Since 2021 we now have team members in Oxford, Leeds and Bristol, so we can now more fully support those and their surrounding areas.

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