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Chief Risk Officer Jobs in Michigan (NOW HIRING)

Great Lakes Bay

Chief Health Officer

Saginaw, MI · On-site

... Medical Director, Chief Dental Officer, Behavioral Health Medical Director, Vision Services ... Risk Management Committee to ensure oversight of clinical quality and compliance. (5%) * ...

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Chief Risk Officer information

See Michigan salary details

$86.3K

$167.1K

$334.7K

How much do chief risk officer jobs pay per year?

As of Jul 18, 2026, the average yearly pay for chief risk officer in Michigan is $167,140.00, according to ZipRecruiter salary data. Most workers in this role earn between $146,900.00 and $166,000.00 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 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.
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Chief Risk Officer jobs near you
Infographic showing various Chief Risk Officer job openings in Michigan as of July 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 86% In-person, and 14% Remote job distribution, with an average salary of $167,140 per year, or $80.4 per hour.
Information Security Manager

Information Security Manager

People Driven Credit Union

Southfield, MI • On-site

$80K/yr

Full-time

Medical, Dental, Vision, PTO

Re-posted 12 days ago

Job description

Are you People Driven? Do you want to be a part of a dynamic, forward thinking team? We are seeking an experienced Information Security Manager to join our team. Compensation for this position starts at $80,500, but offers can go up depending on experience and transferrable skills.
About People Driven Credit Union:
At People Driven Credit Union, we build strong relationships with our members and community with the goal to strengthen the financial well-being of those we serve. Our members have been at the core of who we are for over 90 years. People Driven believes in mutual success built on cultivation of long-term team member, member and vendor relationships. Embrace a culture that celebrates member-centricity and excellence, providing you with the motivation to excel every day!
Why join People Driven Credit Union:
  • Employer paid medical, dental and vision for you and a low cost to add family members!
  • Additional benefits including an employer sponsored 40lK program, vacation and personal time off!
  • Federal holidays off with pay!
  • A wellness program including fitness and wellbeing program reimbursements!
  • To learn more about PDCU go to our website at https://www.peopledrivencu.org

A Day in the Life:
The Information Security Manager protects the organization's IT infrastructure, networks, and data from cyber threats. This position will develop security policies, monitor for breaches, evaluate system vulnerabilities, and ensure compliance with regulatory standards. The ISO also takes a leadership position on the Incident Response team, Disaster Recovery team, and facilitates the use of a Technology Steering Committee as use cases call for it.
Planning & Strategy - Work in conjunction with the Chief Risk Officer (CRO) to design, implement, and maintain a comprehensive enterprise information security program consistent with the mission, vision, and strategic goals of the organization. Provide input and recommendations for future information security infrastructure.
Ensure that the Information Security Program Meet Member's Needs and Requirements - Work to establish consistent risk assessments and security audits to identify vulnerabilities in network architecture, firewalls encryption programs and cloud security protocols.
Communication- As a leader in this area, it is expected that the Information Security Manager will report a summary of happenings within the department to the CRO, so that collaboration can be documented and efficient. It is also expected that the person serving in this role will communicate effectively to other team members regarding the status of projects, process changes, system updates, etc.
Day to Day Activities- Develop and enforce information security policies, standards and guidelines across the organization. Monitor the external threat landscape and lead investigations into security breaches. Participate in business continuity and disaster recovery plans. Educate staff and executive leadership on technology risks and secure computer practices. Collaborate with outside vendors as needed to support the vendor management program.
Compliance- Must comply with and support all the credit union's policies and procedures as outlined in the Comprehensive Information Security Program and Team Member Handbook, as well as regulatory requirements such as The Bank Secrecy Act (BSA), Office of Foreign Asset Controls (OFAC), etc.
Requirements
Education:
A bachelor's degree or the equivalent combination of education, training and experience is required.
Experience:
Minimum of 3 years' experience in IT, network security and/or risk management.
Minimum of 1 year supervisory experience preferred.
Experience within a financial institution or credit union preferred.
** Must pass drug screen and background check.

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