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Chief Risk Officer in Madison, WI

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 Madison, WI
171105 - 246585
Low
171105
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
209865
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
246585
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 107865 138465 154530 Regulatory Affairs Specialist 82365 102255 115260 Senior Regulatory Reporting Accountant 83385 96900 109395 Regulatory Reporting Accountant 62985 74205 88485 Market Risk Analysis Manager 113220 137445 162435 Market Risk Analyst 85935 103785 122910 Operational Risk Analysis Manager 106845 126735 153000 Operational Risk Analyst 90015 101745 119085 Credit Risk Analysis Manager 100470 120615 142290 Credit Risk Analyst 83640 102000 119850 Product Controller Manager 87975 109650 126990 Product Controller 57630 81855 101745 Mergers and Acquisitions Analyst 74715 102000 117045 Anti-Money Laundering Specialist 71400 94860 109650 Fraud Investigator 66300 82110 97155 Internal Wholesaler 51765 62730 74460

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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.