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Chief Risk Officer Jobs in Massachusetts (NOW HIRING)

$200 - $250/hr

Contracts & Institutional Risk Oversight Partner with the COO in providing executive oversight of institutional contracts and procurement practices. Review and approve significant contracts in ...

Chief Technology Officer

Mansfield, MA · On-site

$200 - $225/hr

Reporting directly to the Chief Executive Officer (CEO), the CTO will lead all aspects of ... Risk Management & Compliance: Identify and mitigate technology‑related risks, ensuring compliance ...

Chief Technology Officer

Mansfield, MA · On-site

$200K - $225K/yr

Reporting directly to the Chief Executive Officer (CEO), the CTO will lead all aspects of ... Risk Management & Compliance: Identify and mitigate technology-related risks, ensuring compliance ...

Showing results 41-60

Chief Risk Officer information

See Massachusetts salary details

$108.1K

$209.4K

$419.4K

How much do chief risk officer jobs pay per year?

As of Aug 12, 2026, the average yearly pay for chief risk officer in Massachusetts is $209,429.00, according to ZipRecruiter salary data. Most workers in this role earn between $184,000.00 and $208,000.00 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 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 industry, company size, and location. They often receive bonuses, stock options, and other benefits, reflecting their senior management role responsible for identifying and managing organizational risks.

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 job categories do people searching Chief Risk Officer jobs in Massachusetts look for? The top searched job categories for Chief Risk Officer jobs in Massachusetts are:
What cities in Massachusetts are hiring for Chief Risk Officer jobs? Cities in Massachusetts with the most Chief Risk Officer job openings:
Infographic showing various Chief Risk Officer job openings in Massachusetts as of August 2026, with employment types broken down into 1% As Needed, 89% Full Time, 8% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $209,429 per year, or $100.7 per hour.

CFO - Chief Financial Officer

The Arc of Opportunity

Fitchburg, MA • On-site

$175K - $185K/yr

Full-time

Posted 19 days ago


Job description

$10,000 Sign-on bonus


Hybrid Work in Fitchburg, MA


Position Summary:


The Chief Financial Officer is a forward-thinking, mission-driven executive who serves as a strategic thought partner to the President & CEO and senior leadership team. The CFO leads financial strategy, budgeting, forecasting, reporting, compliance, internal controls, audit readiness, investment oversight, long-range planning, and financing strategies for capital needs. The CFO also supervises the Accounting Manager and provides executive oversight for the Vice President of Operations, facilities, fleet, information technology, and capital planning. This role helps translate The Arc’s strategic plan into disciplined operating plans, sustainable financial models, and practical systems that strengthen services for people with disabilities. This is a hybrid position based in Fitchburg, Massachusetts, with a minimum of two days per week in the office and flexibility for up to three days of remote work when operational needs allow.


Job Responsibilities:

Serve as a strategic partner to the President & CEO in planning, implementing, and monitoring the organization’s strategic plan.

Lead financial strategy, annual and multi-year budgeting, forecasting, cash flow management, reporting, scenario planning, and long-range financial planning.

Provide clear financial analysis and recommendations to the President & CEO, executive leadership team, Board of Directors, Finance Committee, Investment Committee, and Audit Committee.

Lead and staff the Board’s Finance Committee and Investment Committee, including agendas, materials, reporting, investment oversight, and follow-up.

Oversee accounting, payroll, accounts payable, accounts receivable, grants and contracts, billing, audit preparation, tax filings, insurance, banking, and financial compliance.

Supervise and develop the Accounting Manager, ensuring strong day-to-day financial operations, timely reporting, effective controls, and clear accountability.

Monitor and strengthen internal controls, financial policies, business processes, risk management practices, and reporting systems as needed.

Provide executive oversight for the Vice President of Operations and ensure coordination across operations, facilities, fleet, IT, capital planning, and new home development.

Arrange and manage short-term and long-term financing for capital expenditures, including facilities, fleet, technology, and other major organizational investments.

Partner with program and operational leaders to align resources with mission, service quality, compliance requirements, workforce needs, and strategic priorities.

Promote a culture of collaboration, accountability, continuous improvement, and service excellence consistent with The Way of The Arc.


Qualifications:


Mission fit: Commitment to supporting people with disabilities and advancing high-quality, person-centered services.

Experience: Minimum of five years in a senior finance role within healthcare, human services, disability services, nonprofit finance, government-funded programs, or a related field.

Relevant or transferable skills: Direct experience in a regulated service environment is preferred, but strong transferable finance and operational leadership skills will be considered.

Core finance expertise: Strong background in budgeting, forecasting, reporting, audit preparation, compliance, internal controls, cash flow, and long-range planning.

Leadership and communication: Experience supervising finance staff and presenting financial information to senior leaders, boards, and board committees.

Education: Bachelor’s degree in accounting, finance, business administration, or a related field required. CPA or MBA strongly preferred.


Core Competencies:


Strategic execution: Turns priorities into clear plans, financial models, dashboards, timelines, and measurable results.

Operational partnership: Connects finance with operations, facilities, fleet, IT, capital planning, and service quality.

Change leadership: Strengthens systems, develop people, improve processes, and leads through growth, transition, and organizational change.

Collaborative leadership: Builds trust across departments and promotes shared accountability, transparency, and continuous improvement.


Work Arrangement:


This hybrid executive leadership role is based in Fitchburg, Massachusetts, and offers a balanced mix of in-person collaboration and remote flexibility. The CFO will typically work on-site at least three days per week, with the opportunity to work remotely up to two days per week when business needs allow. Additional on-site presence may be needed for board meetings, audits, facilities matters, financing activities, and other key organizational priorities.


Applications will be reviewed on a rolling basis until the position is filled. Interested candidates are encouraged to apply by submitting a resume and cover letter highlighting their qualifications, leadership experience, and interest in joining our organization.


The Arc of Opportunity is an Equal Opportunity Employer. All qualified candidates will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability.