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Chief Risk Officer Jobs in Reston, VA (NOW HIRING)

The Senior Risk Manager is responsible for managing data driven projects and systems within the risk management team to assist the Chief Risk Officer in identifying, assessing, and controlling ...

The Senior Risk Manager is responsible for managing data driven projects and systems within the risk management team to assist the Chief Risk Officer in identifying, assessing, and controlling ...

The Senior Risk Manager is responsible for managing data driven projects and systems within the risk management team to assist the Chief Risk Officer in identifying, assessing, and controlling ...

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$103K

$199.5K

$399.5K

How much do chief risk officer jobs pay per year?

As of Jun 10, 2026, the average yearly pay for chief risk officer in Reston, VA is $199,502.00, according to ZipRecruiter salary data. Most workers in this role earn between $175,300.00 and $198,200.00 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 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 the role of a Chief Risk Officer?

A Chief Risk Officer (CRO) is responsible for identifying, assessing, and managing an organization’s overall risks, including financial, operational, and strategic risks. They develop risk management strategies, implement policies, and ensure compliance with regulations to protect the company's assets and reputation. The CRO often works closely with executive leadership and uses tools like risk assessment frameworks and data analysis to inform decision-making.

How much does a Chief Risk Officer make at Goldman Sachs?

A Chief Risk Officer at Goldman Sachs typically earns a base salary ranging from $300,000 to over $700,000 annually, with total compensation often including bonuses and stock options that can significantly increase earnings. Compensation varies based on experience, performance, and the company's financial results.

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.

How much do chief risk officers get paid?

Chief Risk Officers (CROs) typically earn between $120,000 and $250,000 annually, with senior-level professionals in large organizations earning higher salaries. Compensation often includes bonuses, stock options, and other benefits, and requires strong risk management skills and relevant certifications such as FRM or CRM.

What is the highest paying risk management job?

The highest paying risk management roles are often executive-level positions such as Chief Risk Officer (CRO) or Chief Financial Officer (CFO) with risk management responsibilities. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills, with compensation often exceeding several hundred thousand dollars annually including bonuses and incentives.

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 are popular job titles related to Chief Risk Officer jobs in Reston, VA? For Chief Risk Officer jobs in Reston, VA, the most frequently searched job titles are:
What job categories do people searching Chief Risk Officer jobs in Reston, VA look for? The top searched job categories for Chief Risk Officer jobs in Reston, VA are:
What cities near Reston, VA are hiring for Chief Risk Officer jobs? Cities near Reston, VA with the most Chief Risk Officer job openings:

Chief Information Officer

Office of the Chief Information Officer

Washington, DC • On-site, Remote

$151K - $228K/yr

Full-time

Posted 6 days ago


Job description

Summary
The Chief Information Officer (CIO) serves as the agency's senior executive for information resources management, information technology (IT), cybersecurity, enterprise architecture, digital services, data operations, and technology modernization. The CIO also provides leadership for the planning, acquisition, security, operation, and performance of IT resources and ensures that technology investments support the Department's mission.
***This position may be detailed to another Federal agency
Learn more about this agency
Duties
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The Department operates as a Chief Financial Officer (CFO) Act agency with complex enterprise systems, major grantmaking and financial assistance functions, significant personally identifiable information and sensitive data holdings, extensive contractor-supported operations, and technology-dependent mission delivery. The CIO must operate as both an enterprise executive and a mission partner, ensuring program offices can execute statutory responsibilities while the Department reduces duplication, manages risk, modernizes legacy systems, strengthens cybersecurity, and controls costs. The CIO is expected to work in close partnership with the CFO and Chief Acquisition Officer (CAO) so that technology decisions are integrated with budget formulation and execution, capital planning and investment control, acquisition planning, contract oversight, internal controls, audit readiness, and financial management. In addition, the CIO is expected to coordinate with Federal Student Aid, or any successor or separately governed entity, to ensure interoperability, secure services, appropriate cost allocation, transition planning, and continuity of mission-critical systems. Within this operating environment, the CIO:
  • Serves as principal advisor to the Secretary and senior leadership on information resources management, IT, cybersecurity, enterprise architecture, digital modernization, and IT-enabled mission execution;
  • Leads Department-wide implementation of the Clinger-Cohen Act, the Federal Information Technology Acquisition Reform Act, the Paperwork Reduction Act, the Federal Information Security Modernization Act (FISMA), the E-Government Act, OMB Circular A-130, Federal CIO guidance, and related technology, cybersecurity, privacy, data, accessibility, and records-management requirements;
  • Establishes and enforces Department-wide technology governance, including clear decision rights, standards, policies, controls, escalation paths, and executive review mechanisms for IT investments, systems, platforms, digital services, cybersecurity, enterprise architecture, and technology workforce planning;
  • Ensures the Department has one accountable enterprise CIO function with appropriate oversight of component, principal office, or mission-area technology leaders and with clear expectations for reporting, compliance, risk management, and performance;
  • Partners with the CFO to align IT planning with budget formulation and execution, internal controls, financial reporting, chargeback methodologies, shared services decisions, cost allocation, and audit readiness;
  • Uses TechStat, PortfolioStat, CyberStat, or comparable governance processes to identify troubled investments, require corrective action, recommend modification or termination of underperforming efforts, and elevate enterprise risks to senior leadership;
  • Serves as the executive accountable for Department-wide cybersecurity strategy, information security risk management, and implementation of FISMA, zero trust, identity and access management, continuous monitoring, vulnerability management, incident response, supply chain risk management, secure configuration, and federal cybersecurity directives;
  • Provides executive oversight for the Chief Information Security Officer and ensures cybersecurity risks are presented to leadership in terms of mission, operational, financial, legal, privacy, and reputational risk;
  • Develops, maintains, and enforces a Department-wide enterprise architecture that supports mission delivery, interoperability, security, data quality, cloud adoption, digital services, financial stewardship, and lifecycle management;
  • Leads modernization of legacy systems and infrastructure, including development of roadmaps that identify technical debt, end-of-life risks, cyber vulnerabilities, duplicative platforms, required investments, decommissioning opportunities, and migration paths to secure, scalable, and cost-effective solutions;
  • Evaluates and executes opportunities for shared services, interagency agreements, cloud services, government-wide acquisition vehicles, platform consolidation, software license optimization, and commodity IT management where such approaches improve mission performance, reduce cost, or mitigate risk;
  • Ensures technology modernization integrates with acquisition planning, human capital planning, change management, records disposition, data migration, security authorization, privacy review, and program operations;
  • Partners with the CAO to ensure IT acquisitions are strategically planned, properly competed, performance-based where appropriate, cyber-secure, aligned with enterprise architecture, and structured to support incremental delivery and measurable outcomes; and
  • Leads responsible adoption of digital services, automation, artificial intelligence, analytics, and emerging technologies to improve operations, customer experience, program integrity, grants management, financial management, cybersecurity, and employee productivity.

Requirements
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Conditions of employment
  • One year probationary period, unless excepted by regulation.
  • U.S. Citizenship
  • Financial disclosure statement, OGE-278.
  • Must be able to obtain and maintain the appropriate level of security clearance.
  • Relocation expenses will NOT be paid.
  • Registration with the Selective Service (if applicable). Males born after 12-31-1959 must be registered or exempt from Selective Service.
  • All initial appointments to an SES position are contingent on approval from OPM's Qualification Review Board.

Qualifications
To meet the minimum qualification requirements for this position, you must show that you possess the Executive Core Qualifications and Technical Qualifications related to this position within your resume. Resume should NOT EXCEED 2 PAGES, with the font size no smaller than 10 points. Resumes over the 2-page limit will not be reviewed beyond page 2. Your resume should include examples of experience, education, and accomplishments applicable to the qualifications.
There is NO requirement to prepare a narrative statement specifically addressing the Executive Core Qualifications or the Technical Qualifications.
EXECUTIVE CORE QUALIFICATIONS (ECQs): In addition to the Technical Qualification (TQ) Requirements, all new entrants into the Senior Executive Service (SES) under a career appointment will be assessed for executive competency against the following five mandatory ECQs. If your 2-page resume does not reflect demonstrated evidence of the ECQs and TQs, you may not receive further consideration for the position.
There are five ECQs:
ECQ 1: Commitment to the Rule of Law and the Principles of the American Founding - This core qualification requires a demonstrated knowledge of the American system of government, commitment to uphold the Constitution and the rule of law, and commitment to serve the American people.
ECQ 2: Driving Efficiency - This core qualification involves the demonstrated ability to strategically and efficiently manage resources, budget effectively, cut wasteful spending, and pursue efficiency through process and technological upgrades.
ECQ 3: Merit and Competence - This core qualification involves the demonstrated knowledge, ability and technical competence to effectively and reliably produce work that is of exceptional quality.
ECQ 4: Leading People - This core qualification involves the demonstrated ability to lead and inspire a group toward meeting the organization's vision, mission, and goals, and to drive a high performance, high-accountability culture. This includes, when necessary, the ability to lead people through change and to hold individuals accountable.
ECQ 5: Achieving Results - This core qualification involves the demonstrated ability to achieve both individual and organizational results, and to align results to stated goals from superiors.
Note: If you are a member of the SES or have been certified through successful participation in an OPM approved SES Candidate Development Program (SESCDP), or have SES reinstatement eligibility, you must attach proof (e.g., SF-50, Certification by OPM's SES Qualifications Review Board (QRB)) of your eligibility for noncompetitive appointment to the SES.
TECHNICAL QUALIFICATIONS (TQs)
There are two TQs:
TQ 1: Enterprise IT Modernization, Cybersecurity, and Operational Performance - Demonstrated experience leading enterprise-wide information technology modernization, cybersecurity, infrastructure, cloud, data, application, and customer-service operations for a complex organization, including the ability to improve system reliability, strengthen security and privacy protections, modernize legacy systems, manage major IT investments, and deliver measurable improvements in performance, cost, risk, and user experience.
TQ 2: Mission Alignment, Executive Governance, and Cross-Functional Implementation - Demonstrated experience advising senior executives and leading cross-functional governance to align technology, data, acquisition, budget, cybersecurity, privacy, and workforce decisions with mission priorities, including experience partnering with program leaders, financial and acquisition officials, vendors, and non-technical stakeholders to translate organizational goals into executable IT strategies, accountable delivery plans, and measurable outcomes.
Additional information
VETERANS' PREFERENCE - Veterans' Preference does not apply to the SES.
SELECTIVE SERVICE - If you are a male applicant born after December 31, 1959, you must certify at the time of appointment that you have registered with the Selective Service, or are exempt from having to do so under Selective Service law.
REASONABLE ACCOMMODATION - This agency provides reasonable accommodations to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please notify the hiring agency directly. The decision on granting reasonable accommodation will be on a case-by-case basis.
EQUAL EMPLOYMENT OPPORTUNITY (EEO) POLICY - http://www.eeoc.gov/federal/index.cfm
OPM must authorize any employment offers made to current or former (within the last 5 years) political Schedule A, Schedule C, or Non-career SES employees in the executive branch. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, or Noncareer SES employee in the executive branch, you must disclose that to the Human Resources Office.
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Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.
Benefits
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A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.