Avg. Base Salary (ZAR)
The average salary for a Chief Risk Officer (CRO) is R1,170,355
What is the Pay by Experience Level for Chief Risk Officer (CRO)s?
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 R580,000 based on 9 salaries. A mid-career Chief Risk Officer (CRO) with 5-9 years of experience earns an average total compensation of R800,000 based on 10 salaries. An …Read more
What Do Chief Risk Officer (CRO)s Do?
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 …Read more
- 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.