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Chief Risk Officer Jobs in Alabama (NOW HIRING)

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Chief Risk Officer information

See Alabama salary details

$89.7K

$173.8K

$348.1K

How much do chief risk officer jobs pay per year?

As of Sep 10, 2026, the average yearly pay for chief risk officer in Alabama is $173,812.00, according to ZipRecruiter salary data. Most workers in this role earn between $152,700.00 and $172,700.00 per year, depending on experience, location, and employer.

What is a chief risk officer?

A chief risk officer (CRO) oversees financial risks for a business or other organization. As a CRO, your job duties involve identifying business risks, developing risk management policies, and performing risk assessments of new projects. You usually collaborate with all departments in your organization, as well as stakeholders and board members, to determine suitable levels of financial risk. It is essential to monitor company policies to ensure that all projects meet industry standards and government regulations. Chief risk officers may also be in charge of internal auditing, IT security, and insurance needs.

What is a chief risk officer?

A Chief Risk Officer (CRO) is a senior executive responsible for identifying, assessing, and mitigating risks that could impact an organization’s operations or objectives. The CRO oversees risk management strategies, ensures compliance with regulatory requirements, and works closely with other executives to develop policies that protect the company from financial, operational, and reputational harm. This role is especially important in industries such as finance, insurance, and healthcare, where risk management is critical to organizational success.

What are some common challenges a chief risk officer faces in aligning risk management strategies across different departments?

A Chief Risk Officer (CRO) often encounters challenges in ensuring that risk management policies are consistently implemented across departments with varying objectives and risk appetites. Communication gaps, differing priorities, and varying levels of risk awareness can make it difficult to create a unified risk culture. CROs must work closely with department heads to tailor risk strategies that align with business goals while maintaining compliance and minimizing exposure. Building strong relationships and fostering ongoing education are key to overcoming these challenges and promoting effective enterprise-wide risk management.

What are the key skills and qualifications needed to thrive as a chief risk officer, and why are they important?

To thrive as a Chief Risk Officer, you need deep expertise in risk management, financial analysis, regulatory compliance, and typically an advanced degree in finance, law, or business. Familiarity with risk assessment software, governance frameworks (such as COSO or ISO 31000), and relevant certifications like FRM or CRM is highly valued. Strategic thinking, leadership, and strong communication skills enable effective collaboration across executive teams and clear risk reporting. These capabilities are vital for identifying threats, safeguarding organizational assets, and ensuring sound decision-making in a complex regulatory environment.

What is the difference between Chief Risk Officer vs Risk Manager?

AspectChief Risk OfficerRisk Manager
CredentialsTypically requires advanced degrees (MBA, Master’s in Risk Management) and professional certifications (FRM, CRM)Often holds a bachelor’s degree; certifications like CRM or FRM are common but not always required
Work EnvironmentExecutive-level, strategic planning, overseeing entire risk management frameworkOperational role, implementing risk policies, analyzing specific risks
Industry UsageUsed across finance, insurance, corporate sectors at the executive levelFound in various industries, focusing on day-to-day risk assessment and mitigation

The Chief Risk Officer (CRO) is a senior executive responsible for the overall risk management strategy of an organization, requiring advanced credentials and strategic oversight. In contrast, a Risk Manager handles specific risk assessments and mitigation activities, often with less seniority and fewer certifications. Both roles are vital but differ in scope, responsibilities, and level of seniority.

How much do chief risk officers get paid?

Chief Risk Officers typically earn a median annual salary between $150,000 and $250,000, with total compensation often including bonuses and stock options. Salaries vary based on industry, company size, location, and experience, and the role requires strong analytical skills and risk management expertise.

What does a chief risk officer make?

A Chief Risk Officer (CRO) typically earns a salary ranging from $150,000 to over $300,000 annually, depending on the size of the organization, industry, and experience level. Compensation may also include bonuses, stock options, and other benefits, especially in large corporations or financial institutions.
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Chief Risk Officer jobs near you
Infographic showing various Chief Risk Officer job openings in Alabama as of September 2026, with employment types broken down into 98% Full Time, and 2% Contract. Highlights an 92% In-person, 2% Hybrid, and 6% Remote job distribution, with an average salary of $173,812 per year, or $83.6 per hour.

CHIEF FINANCIAL OFFICER (Huntsville)

Huntsville, AL • On-site

Alabama Space Science Exhibit Commission
See more jobs at Alabama Space Science Exhibit Commissionexternal

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

Huntsville AL
1 Tranquility Base
Huntsville, AL 35805, USA

Huntsville AL
1 Tranquility Base
Huntsville, AL 35805, USA

Full-time, Blue Cross and Blue Shield of Alabama insurance for medical, prescription, dental, and vision. Vacation, holidays, and sick leave. State Retirement. The Chief Financial Officer (CFO) serves as the senior executive responsible for the financial leadership, fiscal integrity, and administrative stewardship of the U.S. Space & Rocket Center (USSRC). Reporting directly to the Chief Executive Officer (CEO), the CFO provides strategic direction for the Center's financial operations while ensuring long-term financial sustainability in support of the organization's mission.

As a member of the Executive Leadership Team, the CFO partners with executive leadership, the U.S. Space & Rocket Center Commission, Board Committees, government agencies, financial institutions, donors, and other stakeholders to develop and execute strategic initiatives. The CFO provides executive oversight of Finance, Accounting, Budgeting, Treasury, Property, Procurement, Payroll, Enterprise Risk Management, and related administrative functions.

Essential Functions

  • Serve as the principal financial advisor to the CEO, Executive Leadership Team, and Commission.
  • Develop and execute long-range financial strategies aligned with organizational priorities.
  • Present financial information, forecasts, and recommendations to executive leadership, Board Committees, and external stakeholders.
  • Promote a culture of accountability, collaboration, innovation, and continuous improvement.
  • Direct all accounting, budgeting, forecasting, treasury, cash management, payroll, investment, debt, and financial reporting activities.
  • Ensure the integrity of financial records, internal controls, and compliance with GAAP, GASB, and applicable federal and state regulations.
  • Lead the annual operating and capital budget process and monitor organizational financial performance.
  • Oversee month-end and year-end close, audits, tax reporting, and regulatory filings.

Operations and Administration

  • Provide executive oversight of procurement, contracting, property, and enterprise risk management.
  • Ensure effective financial policies, procurement practices, insurance coverage, business continuity, and internal control systems.
  • Maintain strong banking, investment, governmental, and donor relationships.
  • Evaluate financing strategies and support capital projects and strategic initiatives.

Leadership

  • Lead, mentor, and develop Finance, Property, and Procurement staff.
  • Establish performance expectations and foster professional growth, accountability, and exceptional customer service.
  • Support organizational planning and cross-functional collaboration.

Qualifications

Education

  • Bachelor’s degree in accounting, Finance, Business Administration, or a related field required.
  • MBA, master’s degree, and/or CPA preferred.

Experience

  • Ten (10) years of progressively responsible financial management experience, including at least five (5) years in a senior leadership role.
  • Experience in accounting, budgeting, treasury, procurement, financial reporting, audits, and strategic financial planning.
  • Experience presenting financial information to executive leadership and governing boards.
  • Governmental, nonprofit, public sector, or complex multi-entity organizational experience preferred.

Knowledge, Skills, and Abilities

  • Thorough knowledge of GAAP, GASB, budgeting, forecasting, financial reporting, internal controls, and governmental compliance.
  • Strong analytical, strategic planning, and financial modeling skills.
  • Excellent leadership, communication, organization, and decision-making abilities.
  • Demonstrated integrity, professionalism, and sound judgment.

Physical Requirements

Primarily office-based with occasional travel throughout campus and for business purposes. Ability to attend meetings, travel as required and occasionally lift up to 20 pounds.

Other Requirements

  • Authorized to work in the United States.
  • Valid driver's license.
  • Successful completion of required background screening.
  • Occasional evening and weekend work to support Commission meetings, audits, and organizational initiatives.

Disclaimers

The U.S. Space & Rocket Center is an Equal Opportunity Employer

  • All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, or veteran status.

Duties and Responsibilities May Change with or Without Notice

  • This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time, with or without notice.
Qualifications Skills Behaviors

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Education Experience Licenses & Certifications

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.

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