Chief Risk Officer

We are currently seeking a seasoned Chief Risk Officer to lead the Enterprise Risk Management department for a prominent financial institution. In this role, you will report directly to the CEO and Regional CRO. Furthermore, you will serve as the second line of defense and take responsibility for building an effective risk management and governance framework. Consequently, this position provides an integrated view of all key risks and acts as a primary member of management with the authority to formulate business strategies.

The Chief Risk Officer must identify, monitor, and manage risks effectively. In addition, you will foster a robust risk culture across all organizational activities. Therefore, candidates must possess deep regulatory expertise. You also need the strategic thinking necessary to anticipate emerging risks in a complex financial landscape.

Key Responsibilities

• Develop and implement a comprehensive risk governance framework. This ensures full compliance with all regulatory requirements.
• Oversee Financial Risk by performing Solvency II SCR calculations. Additionally, provide risk opinions on ALM, SAA, and capital planning.
• Manage Operational and Digital Risk by performing assessments and implementing new guidelines.
• Engage the first line for risk mitigation. As a result, you will ensure a proactive approach to organizational safety.
• Track relevant regulatory circulars and advise management on necessary changes. This ensures timely and accurate submissions.
• Lead risk committees and promote awareness. Moreover, you will drive the adoption of modern risk management tools.

Required Qualifications and Experience

Education and Certifications

• Master’s degree in Finance, Economics, or a professional degree like Chartered Accountant.
• FRM or PRM certification is required for this role. However, an Actuarial qualification is highly preferred.

Professional Experience

• Minimum 18-20 years of experience in risk management. This experience should be within life insurance or financial services.
• Demonstrated expertise in financial risk oversight. Additionally, you must show success in navigating complex regulatory environments.
• Proven track record in risk framework implementation and regulatory relationship management.

What We Look For

• A strategic leader who can influence stakeholders. Specifically, someone who can drive a proactive, risk-aware culture.
• Deep analytical and quantitative skills. These are necessary for managing solvency and capital planning effectively.
• A dedicated professional who ensures high-level accuracy in all regulatory and integrated risk reporting.

If you are an expert in risk management ready to take on a critical governance role, we encourage you to apply for this Chief Risk Officer position today!