The average salary for a Chief Risk Officer (CRO) is $151,895.
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$96k - $236k
$5k - $77k
$2k - $38k
$95k - $286k
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Job Description for Chief Risk Officer (CRO)
A chief risk officer usually oversees a region for a company to identify all sorts of risks the company might face or is currently being subjected to. The chief risk officer wants to make sure that company profits are a priority while policies and regulations are being adhered to. Some areas that the chief risk officer will oversee are risks relating to investment, credit, operations, and things that may be happening on the market. The chief risk officer must also be familiar with company polici…Read more
Chief Risk Officer (CRO) Tasks
- Coordinate with senior management to develop, evaluate, and implement risk management policies.
- Evaluate and report on compliance with governance and financial regulations.
- Identify key areas for improvement and recommend changes.
Chief Risk Officer (CRO) Job Listings
Popular Skills for Chief Risk Officer (CRO)
Risk Management / Risk Control
Skills in Risk Management / Risk Control, Regulatory Compliance, Leadership and Strategic Planning are correlated to pay that is above average. Skills that pay less than market rate include Internal Audit.
Pay by Experience Level for Chief Risk Officer (CRO)
An early career Chief Risk Officer (CRO) with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $119,495 based on 30 salaries. A mid-career Chief Risk Officer (CRO) with 5-9 years of experience earns an average total compensation of $128,497 based on 41 salaries. An experienced Chief Risk Officer (CRO) with 10-19 years of experience earns an average total compensation of $153,477 based on 105 salaries. In their late career (20 years and higher), employees earn an average total compensation of $182,379.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Chief Risk Officer (CRO) in their job title in Seattle, Washington earn an average of 61.7% more than the national average. These job titles also find higher than average salaries in New York, New York (29.8% more) and Atlanta, Georgia (26.6% more). The lowest salaries can be found in Madison, Wisconsin (28.6% less).
Years of Experience
This data is based on 263 survey responses.
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