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Chief Risk Officer in Cleveland, OH

Chief Risk Officer Job Description

Chief risk officers (CROs) lead enterprise-wide risk management strategies to protect organizations from financial, operational and reputational threats. These executives oversee risk assessment, mitigation and compliance efforts, ensuring alignment with corporate objectives and regulatory standards.

Typical chief risk officer duties:

Developing and implementing comprehensive risk management frameworksIdentifying, assessing and monitoring key risks across business unitsLeading internal teams in risk analysis, reporting and mitigation planningAdvising executive leadership and the board on risk exposure and strategyEnsuring compliance with industry regulations and internal policiesOverseeing business continuity and crisis management planningCollaborating with legal, finance, audit and operations teams to manage riskEstablishing risk metrics, dashboards and reporting systemsStaying current on emerging risks, regulatory changes and industry trends

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Salary for Chief Risk Officer in Cleveland, OH
167750 - 241750
Low
167750
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
205750
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
241750
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Regulatory Reporting Manager 105750 135750 151500 Regulatory Affairs Specialist 80750 100250 113000 Senior Regulatory Reporting Accountant 81750 95000 107250 Regulatory Reporting Accountant 61750 72750 86750 Market Risk Analysis Manager 111000 134750 159250 Market Risk Analyst 84250 101750 120500 Operational Risk Analysis Manager 104750 124250 150000 Operational Risk Analyst 88250 99750 116750 Credit Risk Analysis Manager 98500 118250 139500 Credit Risk Analyst 82000 100000 117500 Product Controller Manager 86250 107500 124500 Product Controller 56500 80250 99750 Mergers and Acquisitions Analyst 73250 100000 114750 Anti-Money Laundering Specialist 70000 93000 107500 Fraud Investigator 65000 80500 95250 Internal Wholesaler 50750 61500 73000

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.