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Chief Risk Officer Jobs in Connecticut (NOW HIRING)

Conning

Chief Risk Officer

Hartford, CT · On-site

The Chief Risk Officer (CRO) leads the enterprise-wide risk management function with responsibility for overseeing and managing all aspects of risk across Conning. The CRO provides oversight of ...

Conning

Chief Risk Officer

Hartford, CT · On-site

The Chief Risk Officer (CRO) leads the enterprise-wide risk management function with responsibility for overseeing and managing all aspects of risk across Conning. The CRO provides oversight of ...

Talcott Financial Group

Risk Analyst

Hartford, CT · On-site

Our Risk Analyst position will offer the selected candidate exposure to Senior ERM Leadership such as the Head of Risk Reporting and the Chief Risk Officer. The selected candidate will work on a ...

Finalsite

Chief Compliance Officer

Glastonbury, CT · On-site

Advises the CEO, executive leadership team, and Board on compliance strategy, PayFac risk, regulatory developments, and material legal, operational, financial, and reputational risks. * Leads ...

Finalsite

Chief Compliance Officer

Glastonbury, CT · On-site +1

OTHER FUNCTIONS • Participates in enterprise risk management and business continuity planning ... CEO, Board of Directors, investors, regulators, banking partners, and cross-functional senior ...

CFS

CFO

Avon, CT · On-site

Chief Financial Officer (CFO) $130,000 - $160,000 + Bonus Potential Why Join? ✔ Highly visible ... Oversee internal controls, risk management, and audit activities * Partner with leadership on ...

CFS

CFO

Avon, CT · On-site

Chief Financial Officer (CFO) $130,000 - $160,000 + Bonus Potential Why Join? ✔ Highly visible ... Oversee internal controls, risk management, and audit activities * Partner with leadership on ...

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Chief Risk Officer information

See Connecticut salary details

$94.2K

$182.4K

$365.3K

How much do chief risk officer jobs pay per year?

As of Sep 15, 2026, the average yearly pay for chief risk officer in Connecticut is $182,421.00, according to ZipRecruiter salary data. Most workers in this role earn between $160,300.00 and $181,200.00 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 Connecticut as of August 2026, with employment types broken down into 93% Full Time, 5% Part Time, and 2% Temporary. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $182,421 per year, or $87.7 per hour.

Chief Risk Officer

Hartford, CT • On-site

Conning
Finance and Insurance • 201 - 500 employees
Learn more about Conningexternal

Full-time

Re-posted 12 hours ago

Job description

Conning is a leading global investment management firm with a long history of serving the insurance industry.

We develop customized investment strategies that address our clients' unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning's risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis.

The Chief Risk Officer (CRO) leads the enterprise-wide risk management function with responsibility for overseeing and managing all aspects of risk across Conning. The CRO provides oversight of enterprise, fiduciary investment, operational, financial, regulatory, and emerging risks, ensuring alignment with Conning's strategy, client mandates, regulatory expectations, and our parent company's risk framework.

This role is central to safeguarding Conning's operating integrity, supporting informed decision making, and protecting long term enterprise value.

Responsibilities

  • Provide an independent view of risk across Conning and advise the Board, risk committees, and senior management on material risk matters.
  • Design, implement, oversee, and maintain Conning's enterprise risk management framework and policies, including financial, operational, ICT, strategic, and reputational risks.
  • Identify, assess, monitor, and escalate material risks, emerging risks, and risk events in a timely and transparent manner.
  • Provide independent oversight of fiduciary investment risks, ensuring adherence to client mandates, risk limits, and escalation protocols.
  • Lead the preparation and delivery of regular and ad hoc risk reporting, including quarterly risk oversight reports and Board level materials.
  • Conduct an annual assessment of the effectiveness of Conning's risk management system and internal control environment.
  • Lead and develop the risk management function, promoting strong risk culture and effective collaboration with business leaders.
  • Serve as the primary liaison between the firm and our parent organization for all risk- related matters.
  • Collaborate with our parent company's risk management team to address concerns, provide insights, and align risk mitigation strategies.
  • Manage several direct reports.

Requirements

  • 10+ years of experience in enterprise risk management within investment advisory, asset management, insurance, or other regulated financial services.
  • Bachelor's degree required. Advanced degree and/or professional risk credentials preferred.
  • Strong understanding of enterprise and fiduciary investment risks, governance frameworks, and regulatory expectations.
  • Proven ability to engage effectively with Boards, risk committees, and senior executives.
  • Excellent written and verbal communication skills, strong analytical skills, exemplary attention to detail and Board level reporting.
  • Ability to multitask, be proactive, work independently, and work effectively under pressure (often under deadlines and changing priorities).
  • Highly motivated, proactive team player with a positive attitude.
  • Outstanding reputation of professional integrity and maturity.
  • Ability to clearly articulate views and supporting data.

Decision Making Level/Position Latitude

  • Strategic decision making skills with a high degree of latitude.

Conning is an equal opportunity employer. Our company embraces the principles of inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone's voice is heard, every idea counts, and the differences of our employees are valued. We provide reasonable accommodations to those who need them.

If you are unable to complete this application due to a disability, contact us to ask for an accommodation or an alternative application process.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

Applicants must exhibit a strong commitment to meet compliance obligations reflecting Conning'score values of honesty and integrity; must accept responsibility for compliance in each role and comply with all applicable rules, regulations, and legal requirements.

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