ZipRecruiter

Log In

1

Chief Risk Officer Jobs in Indiana (NOW HIRING)

ACG Cares

Chief Financial Officer

Indianapolis, IN · On-site

$150 - $200/hr

The CFO provides strategic leadership over accounting, treasury, budgeting, forecasting, rate and regulatory finance, risk management, and financial reporting. The CFO ensures financial decisions ...

Superior Auto Inc

Chief Compliance Officer

Fort Wayne, IN · On-site

$150 - $200/hr

Reporting directly to the CEO or CFO--and serving as a member of the Executive Leadership Team--this individual will provide strategic leadership over the Company's regulatory, compliance, and risk ...

New

IMEG

Chief Financial Officer

Indianapolis, IN

Reporting to the CEO and a key partner to the executive team, this leader will guide financial ... Deep knowledge of risk management, internal controls, and financial governance * Demonstrated ...

next page

Showing results 1-20

All JobsChief Risk Officer JobsChief Risk Officer Jobs in Indiana

Chief Risk Officer information

See Indiana salary details

$94.2K

$182.5K

$365.4K

How much do chief risk officer jobs pay per year?

As of Jul 21, 2026, the average yearly pay for chief risk officer in Indiana is $182,475.00, according to ZipRecruiter salary data. Most workers in this role earn between $160,300.00 and $181,300.00 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 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.

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.
More about Chief Risk Officer jobs
What are popular job titles related to Chief Risk Officer jobs in Indiana? For Chief Risk Officer jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Chief Risk Officer jobs in Indiana look for? The top searched job categories for Chief Risk Officer jobs in Indiana are:
What cities in Indiana are hiring for Chief Risk Officer jobs? Cities in Indiana with the most Chief Risk Officer job openings:
What are popular job titles related to Chief Risk Officer jobs in IN? For Chief Risk Officer jobs in IN, the most frequently searched job titles are:
Chief Risk Officer jobs near you
Infographic showing various Chief Risk Officer job openings in Indiana as of July 2026, with employment types broken down into 92% Full Time, and 8% Part Time. Highlights an 96% In-person, 2% Hybrid, and 2% Remote job distribution, with an average salary of $182,475 per year, or $87.7 per hour.
Chief Financial Officer

Chief Financial Officer

Duck River Electric Membership Corporation

Indianapolis, IN • On-site

$150 - $250/hr

Other

Posted 7 days ago

Job description

Job Description

The Chief Financial Officer (CFO) serves as the senior executive responsible for the financial integrity, long-term financial strategy, and fiscal stewardship of the organization. The CFO provides strategic leadership over accounting, treasury, budgeting, forecasting, rate and regulatory finance, risk management, and financial reporting. The CFO ensures financial decisions support reliability, affordability, compliance with regulatory requirements, and long-term system sustainability.

The CFO acts as a key advisor to the CEO and Board of Directors, translating complex financial, regulatory, and market considerations into clear, decision-ready insights.

Key Responsibilities Financial Strategy & Leadership
  • Lead development and execution of the organization’s long-range financial strategy aligned with resource planning, capital investment, and system reliability objectives.
  • Provide strategic financial guidance to the CEO and Board on power supply decisions, capital programs, financing strategies, and enterprise risk.
  • Support integrated planning by aligning financial forecasts with load, fuel, power supply, and transmission assumptions.
Accounting & Financial Reporting
  • Oversight of all accounting functions, including general ledger, fixed assets, and financial close.
  • Ensure accurate, timely, and transparent financial statements prepared in accordance with applicable accounting standards (e.g., GAAP, utility-specific guidance and regulation).
  • Establish and maintain strong internal controls and financial governance.
Treasury, Capital Structure & Financing
  • Manage liquidity, cash flow forecasting, and banking relationships.
  • Lead financing activities including debt issuance, credit facilities, hedging instruments, and compliance with loan covenants.
  • Oversee relationships with lenders, bondholders, rating agencies, and governmental financing entities.
Rates, Regulatory & Member Rates
  • Provide financial leadership for rate design and rate stability mechanisms.
  • Support regulatory filings and proceedings by developing financial testimony, analyses, and exhibits.
  • Ensure compliance with applicable state and federal regulatory requirements affecting utility finance.
  • Partner with power supply, engineering, and regulatory teams to evaluate financial impacts of resource decisions.
Budgeting, Forecasting & Performance Management
  • Oversight of the annual budgeting process and multi-year financial forecasts.
  • Monitor financial performance against budget, identify variances, and recommend corrective actions.
  • Develop financial metrics and dashboards to support executive management and Board oversight.
  • Support scenario analysis and stress testing related to fuel volatility, load changes, capital programs, and market risk.
Risk Management
  • Oversee enterprise risk management (ERM) reporting and mitigation planning.
  • Direct enterprise financial risk management, including fuel price risk, interest rate risk, credit risk, and liquidity risk.
Leadership & Organization Development
  • Lead, mentor, and develop finance and accounting staff, fostering a culture of accountability, accuracy, and continuous improvement.
  • Promote strong cross-functional collaboration with operations, power supply, IT, and member services.
  • Champion process improvement, automation, and effective use of financial systems and data.
Qualifications Education
  • Bachelor’s degree in Accounting, Finance, Business Administration, or related field required.
  • Master’s degree (MBA or MS) or professional certification (CPA, CMA, CFA) strongly preferred.
Experience
  • Minimum of 15–20 years of progressive financial leadership experience.
  • Significant experience in an electric utility, public power organization, cooperative, or energy related entity strongly preferred.
  • Demonstrated experience with debt financing, rates, and capital-intensive operations.
  • Proven leadership experience managing teams and presenting to executive leadership and boards.
Knowledge, Skills & Abilities
  • Deep understanding of utility accounting and rate-making principles.
  • Strong strategic thinking and ability to synthesize financial and operational considerations.
  • Excellent communication skills, with the ability to clearly explain complex financial concepts to non-financial audiences.
  • High ethical standards, sound judgment, and commitment to public service and cooperative principles where applicable.
  • Advanced proficiency with financial systems, forecasting tools, and data analysis.
Working Relationships
  • Regular interaction with the CEO, executive leadership team, and Board of Directors.
  • Frequent coordination with external auditors, lenders, regulators, legal counsel, and financial advisors.
#J-18808-Ljbffr

Apply