Chief Risk Officer (CRO) Job at Confidential, Bridgeport, CT

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  • Confidential
  • Bridgeport, CT

Job Description

Chief Risk Officer (CRO)

About the Company

Well-established bank

Industry
Banking

Type
Privately Held

About the Role

The Company is in search of a Chief Risk Officer (CRO) to lead its credit and risk management functions. The CRO will be tasked with developing and implementing a robust risk management program that aligns with the organization's growth and service objectives while ensuring compliance with all relevant laws and regulations. This includes overseeing the Senior Credit Risk Manager, developing credit risk management strategies, and supervising underwriting and loan review processes. The successful candidate will also be responsible for establishing and maintaining a risk governance structure, leading the development of risk management policies, and promoting a risk-conscious culture within the organization. Applicants for the CRO position at the company should have a strong background in credit and risk management, with a focus on the banking industry. The role requires the ability to prioritize and manage resources based on risk exposure, audit findings, and regulatory requirements. The CRO will work closely with the CEO and the Board of Directors to set and adjust risk tolerance levels and must be adept at communicating risk management issues to all stakeholders. A key aspect of the role is to ensure the bank's compliance with banking regulations, particularly those related to credit and risk management. The ideal candidate will have experience in stress testing, scenario analysis, and be skilled in using data to drive decision-making in risk management.

Hiring Manager Title
CEO

Travel Percent
Less than 10%

Functions

  • Finance
Confidential

Job Tags

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