Chief Risk Officer Financial Services in Baton Rouge, LA

Chief Risk Officer Job Description

This executive position is typically filled by a finance professional with at least a decade of experience and an MBA. Strong knowledge of risk identification and mitigation strategies, as well as the risks involved in IT systems and networks, is required. Demonstrated communication skills are also required, along with experience working with the executive team and reporting to the board of directors.

Typical chief risk officer duties:

Developing risk maps and strategic action plans to mitigate primary threats

Monitoring the progress of risk mitigation efforts

Preparing and presenting risk analysis and progress reports to executives and the board of directors

Working with the executive team to determine the company’s risk appetite and integrate risk management priorities into the institution’s strategic planning

Developing and implementing strategies to identify and mitigate risk related to data and information systems

Overseeing the risk management and mitigation budget

Communicating the company’s risk profile and assessments to the board of directors

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Salary for Chief Risk Officer Financial Services in Baton Rouge, LA

161748 - 233528

25th percentile

161748

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

198365

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

233528

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Manager of Market Risk Analysis – Financial Services

107670

130708

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Market Risk Analyst, 3-5 Years’ Experience

81238

97970

115430

Manager of Credit Risk Analysis – Financial Services

92393

111065

131920

Credit Risk Analyst, 3-5 Years’ Experience

78085

95060

112520

Manager of Operational Risk Analysis – Financial Services

98698

117128

141378

Operational Risk Analyst, 3-5 Years’ Experience

85118

96273

113248

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