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Job DescriptionRisk & Compliance

Chief Risk Officer (CRO) Job Description

By January 25, 2024March 14th, 2024No Comments4 min read

Are you seeking a dynamic FinTech Chief Risk Officer (CRO) to revolutionize your organization’s digital landscape?

At Storm2, we specialize in connecting innovative FinTech companies with top-tier FinTech professionals. In this post, you’ll find a Chief Risk Officer (CRO) job description and key responsibilities for the role.

Chief Risk Officer (CRO) responsibilities include …

  • Developing, implementing, and maintaining a comprehensive compliance program to ensure adherence to applicable laws, regulations, and industry standards.
  • Providing strategic guidance and leadership on compliance matters to senior management and the board of directors.
  • Monitoring regulatory developments and changes in the legal and compliance landscape to ensure the organization remains compliant with relevant requirements.
  • Conducting risk assessments and implementing measures to mitigate compliance and operational risks.
  • Providing regular reporting and updates on compliance activities, issues, and trends to senior management and the board of directors.
  • Overseeing compliance training and awareness programs to educate employees on compliance policies and procedures.
  • Managing relationships with regulatory authorities and external auditors, and overseeing regulatory examinations and audits.
  • Investigating and responding to compliance incidents, allegations, and inquiries, and implementing corrective actions as necessary.
  • Collaborating with cross-functional teams, including legal, finance, and operations, to ensure alignment of compliance efforts with business objectives.

Looking to hire a Chief Risk Officer (CRO)?

Try this Chief Risk Officer (CRO) job description ⚡

 

CRO

Department: Sales / Marketing

Location: Remote

As a Chief Compliance Officer, you will be a key leader in ensuring regulatory compliance and managing risks within our leading FinTech company. Operating at the forefront of compliance leadership, you will lead the development and implementation of a comprehensive compliance program to ensure adherence to applicable laws, regulations, and industry standards. This remote position offers a unique opportunity to shape the future of compliance operations, contributing to our mission of transforming the financial industry.

Reporting Structure: You will report to the CEO

Chief Risk Officer (CRO) Job Scope and Responsibilities

  • Developing, implementing, and maintaining a comprehensive compliance program to ensure adherence to applicable laws, regulations, and industry standards.
  • Providing strategic guidance and leadership on compliance matters to senior management and the board of directors.
  • Monitoring regulatory developments and changes in the legal and compliance landscape.
  • Conducting risk assessments and implementing measures to mitigate compliance and operational risks.
  • Overseeing compliance training and awareness programs.
  • Managing relationships with regulatory authorities and external auditors.
  • Investigating and responding to compliance incidents, allegations, and inquiries.
  • Collaborating with cross-functional teams to ensure alignment of compliance efforts with business objectives.
  • Providing regular reporting and updates on compliance activities.
  • Acting as a champion for a culture of compliance and ethical conduct.

Preferred Qualifications:

  • Bachelor’s degree in business administration, law, or a related field; JD or advanced degree is a plus.
  • Proven experience in compliance leadership roles within the FinTech industry or related field.
  • Strong leadership and management skills, with the ability to influence and collaborate effectively.
  • Excellent knowledge of relevant laws, regulations, and industry standards.
  • Strong analytical skills, with the ability to assess risks and implement effective controls.
  • Experience managing regulatory relationships and audits.
  • Ability to communicate complex compliance issues clearly and effectively.
  • Strong organizational skills, with the ability to manage multiple priorities and deadlines.
  • Ability to thrive in a fast-paced, dynamic environment and adapt to changing regulatory requirements.

Benefits:

  • Competitive salary and performance-based bonuses.
  • Remote work opportunity, collaborating with global teams.
  • Opportunities for professional development and career advancement.
  • Comprehensive health and wellness benefits.
  • Engaging company culture with a focus on innovation and collaboration.

About Us:

We are a leading FinTech company at the forefront of reshaping financial services. Our commitment to commercial excellence and innovation drives us to create solutions that transform the industry. Join us as a Chief Compliance Officer to lead and contribute significantly to our mission.

Apply/Contact Us:

Send your CV or get in touch by emailing hiring@fintechcompany.com. Take the lead in shaping the future of FinTech with us!

 

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