How much does a Chief Risk Officer make?

Chief Risk Officer Salary

Percentile Salary Location
25th Percentile Chief Risk Officer Salary $216,700 US
50th Percentile Chief Risk Officer Salary $263,000 US
75th Percentile Chief Risk Officer Salary $326,000 US
90th Percentile Chief Risk Officer Salary $383,358 US

How long does it take to become a Chief Risk Officer?

Most Chief Risk Officers have advanced degrees and a minimum of 10 years experience in a corporate role. For example, a Master’s of Business Administration (MBA) with a focus in economics or accounting would be appropriate to qualify for top jobs in this field.

What does Chief Risk Officer do?

A CRO leads efforts to reduce business risks that can put an organization’s profitability and productivity at risk. They also spearhead efforts related to enterprise risk management. A Chief Risk Officer is responsible for implementing policies and procedures to minimize or manage operational risks.

How much do Cros make?

CRO Salary

Annual Salary Monthly Pay
Top Earners $151,500 $12,625
75th Percentile $122,500 $10,208
Average $99,088 $8,257
25th Percentile $70,000 $5,833

Who does the chief risk officer report to?

In an ideal world, the chief risk officer would report to the CEO and have a dotted line to the board or a board committee. In reality, most CROs report to the CEO or the CFO, depending on the industry. Best practices call for the CRO to have at least a dotted line to the board or a board committee.

Who does CRO report to?

What is CRO job?

Role of a CRO The CRO is in charge of operations, sales, corporate development, marketing, pricing, and revenue management. Their main aim is to sell each product to generate the most revenue possible to the most relevant audience. They must maximize the effectiveness of marketing and advertising investments.

Who Should Chief Risk Officer report to?

The base salary for Chief Risk Officer ranges from $215,400 to $324,000 with the average base salary of $261,400. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $258,900 to $438,100 with the average total cash compensation of $335,200.

What are the interview questions for a Chief Risk Officer?

In this post, you can reference some of the most common interview questions for a chief risk officer interview along with appropriate answer samples. If you need more job interview materials, you can reference them at the end of this post. 1. Tell me about your ability to work under pressure?

Who is the Chief Risk Officer of Sterling Bank?

The Chief Risk Officer (CRO) will create, implement, improve, and administer the risk management programs for the Bank. Other duties may be assigned. View all Sterling Bank and Trust, FSB jobs in Southfield, MI – Southfield jobs. Salary Search: Chief Risk Officer salaries in Southfield, MI.