Chief Risk Officer Job at Confidential, Sioux Falls, SD

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  • Confidential
  • Sioux Falls, SD

Job Description

Chief Risk Officer

About the Company

Excelling banking institution

Industry
Banking

Type
Privately Held

About the Role

The Company is seeking a Chief Risk Officer (CRO) to join their team. The CRO will be a senior executive responsible for the development and implementation of a comprehensive risk management framework to identify, assess, manage, and mitigate risks that could impact the organization's reputation, safety, security, or financial prosperity. This includes establishing risk tolerance levels, conducting regular risk assessments, and ensuring compliance with regulatory requirements. The successful candidate will work closely with other executives to integrate risk management into decision-making processes and will serve as a key advisor to the board of directors on risk-related issues. Applicants for the CRO position at the company should have a Bachelor's degree in business administration, finance, or accounting, with a preference for a Master's or higher advanced degree or CPA designation. A minimum of 10 years' of risk management experience, particularly within the banking industry, is required. The role demands a leader with a strong background in financial institution balance sheet/liquidity risk and investments, as well as a solid understanding of the Financial Accounting Standards Board (FASB) and compliance with Generally Accepted Accounting Principles (GAAP). The CRO will also be responsible for crisis management, team leadership, and fostering a culture of risk awareness and responsibility throughout the organization.

Travel Percent
Less than 10%

Functions

  • Finance
Confidential

Job Tags

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