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Chief Risk Officer Jobs in Watertown, MA (NOW HIRING)

Northland Residential LLC

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Chief Financial Officer CFO

Boston, MA · On-site

$200K - $250K/yr

This role leads financial planning, capital strategy, risk management, accounting, and financial reporting to support growth, profitability, and compliance. The CFO will partner closely with ...

Northland Residential LLC

Be Seen First

Chief Financial Officer CFO

Boston, MA · On-site

$200K - $250K/yr

This role leads financial planning, capital strategy, risk management, accounting, and financial reporting to support growth, profitability, and compliance. The CFO will partner closely with ...

Socket.dev

Chief Lending Officer

Newton, MA · On-site

$250 - $350/hr

Partner with the Chief Credit Officer to ensure lending practices align with the Bank's risk tolerance and strategic goals. * Lead lending teams in generating business, building client relationships ...

Posted today

Louisville Ballet

Chief Financial Officer

Salem, MA · On-site

$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 ...

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Showing results 21-40

All JobsChief Risk Officer JobsChief Risk Officer Jobs in Watertown, MA

Chief Risk Officer information

See Watertown, MA salary details

$107.7K

$208.6K

$417.6K

How much do chief risk officer jobs pay per year?

As of Sep 4, 2026, the average yearly pay for chief risk officer in Watertown, MA is $208,559.00, according to ZipRecruiter salary data. Most workers in this role earn between $183,300.00 and $207,200.00 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.
More about Chief Risk Officer jobs

What cities near Watertown, MA are hiring for Chief Risk Officer jobs?

Cities near Watertown, MA with the most Chief Risk Officer job openings:

Chief Risk Officer jobs near you
Infographic showing various Chief Risk Officer job openings in Watertown, MA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 86% In-person, and 14% Remote job distribution, with an average salary of $208,559 per year, or $100.3 per hour.

Chief Financial Officer CFO

Northland Residential LLC

Boston, MA • On-site

$200K - $250K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago

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Key responsibilities

  • Oversee all financial aspects of the residential real estate development business, including financial planning, capital strategy, risk management, accounting, and financial reporting.

  • Lead project financing efforts, monitor project budgets and cash flow, and evaluate project feasibility to support growth and profitability.

  • Manage accounting operations, financial reporting, and ensure compliance with financial policies and regulations.

Job description

Chief Financial Officer (CFO)

Position Summary

The Chief Financial Officer (CFO) is a strategic executive responsible for overseeing all financial aspects of a residential real estate development business. This role leads financial planning, capital strategy, risk management, accounting, and financial reporting to support growth, profitability, and compliance.

The CFO will partner closely with executive leadership to guide investment decisions, evaluate project feasibility, secure financing, and support the company's long-term financial sustainability.

Key Responsibilities

Strategic Financial Leadership

  • Develop and execute financial strategies aligned with company growth objectives.
  • Serve as a key financial advisor to executive leadership.
  • Evaluate capital structure and financing strategies.
  • Provide financial insight to support investment and strategic business decisions.

Capital Management & Financing

  • Lead project financing efforts, including loans and joint ventures.
  • Build and maintain strong relationships with lenders and investors.
  • Monitor debt compliance, loan covenants, and lender reporting requirements.
  • Oversee capital raising initiatives and financial presentations.

Budgeting, Forecasting & Financial Modeling

  • Direct annual budgeting and long-term financial planning.
  • Review development pro formas and evaluate project feasibility.
  • Monitor project budgets and cash flow forecasts.
  • Analyze return metrics and financial performance.
  • Provide ongoing financial forecasts and recommendations to executive leadership.

Accounting & Financial Reporting

  • Oversee accounting operations and financial reporting.
  • Manage month-end, quarter-end, and year-end close processes.
  • Ensure timely and accurate preparation of financial statements.
  • Manage audits and tax filings.
  • Maintain strong accounting processes, controls, and reporting standards.

Development & Project Financial Oversight

  • Monitor the financial performance of real estate development projects.
  • Analyze cost variances, project profitability, and return metrics.
  • Review project financial assumptions and forecasts.
  • Implement financial controls to protect company assets and improve project performance.

Risk Management & Compliance

  • Maintain effective internal controls and accounting policies.
  • Identify, assess, and mitigate financial risks.
  • Ensure compliance with applicable federal, state, and local regulations.
  • Monitor financial policies and procedures to support organizational compliance.

Team Leadership

  • Lead, mentor, and develop the finance and accounting team.
  • Establish clear expectations and accountability.
  • Promote a culture of accuracy, collaboration, and high performance.

Qualifications

Education & Experience

  • Bachelor's degree in Finance, Accounting, or a related field required.
  • CPA and/or MBA preferred.
  • 10+ years of financial leadership experience.
  • Demonstrated experience in residential real estate development.
  • Experience overseeing complex financial operations and supporting executive-level decision-making.

Technical Skills

  • Strong technical accounting skills with the ability to work both strategically and hands-on.
  • Expertise in financial modeling and real estate development pro formas.
  • Experience with debt financing, refinancing, and lender negotiations.
  • Experience with real estate ERP and accounting systems.
  • Strong understanding of budgeting, forecasting, cash flow management, and financial reporting.

Leadership Competencies

  • Strategic thinker with strong business and financial acumen.
  • Excellent communication and presentation skills.
  • Strong analytical and problem-solving abilities.
  • High integrity and attention to detail.
  • Ability to operate effectively in a fast-paced, deadline-driven environment.

Key Performance Indicators (KPIs)

Success in this role will be measured through:

  • Project profitability and return metrics.
  • Accuracy and timeliness of financial reporting.
  • Success in securing project financing.
  • Budget adherence and financial discipline.
  • Effective risk management and internal controls.

Work Environment

  • Fast-paced, deadline-driven environment.
  • Frequent cross-functional collaboration with executive leadership, development, operations, accounting, lenders, and investors.
  • Occasional local travel required.

Apply today to join a growing residential real estate development organization as Chief Financial Officer and play a key role in driving financial strategy, project success, and long-term growth.

Company Description

Northland Residential Corporation is a vertically integrated residential real estate investment, development, construction, and management company. Our team works closely with landowners, municipal authorities, neighborhood stakeholders, and Industry experts to create landmark residential communities. Few firms have the breadth of residential experience of Northland. Rooted in “up country” New England land development, for fifty-plus years the firm has curated its portfolio to include exceptionally well executed suburban single-family subdivisions, age-targeted townhome developments and rental housing communities.