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Deputy Chief Risk Officer Jobs (NOW HIRING)

Cboe Global Markets

Chief Risk Officer

Chicago, IL · On-site

The Chief Risk Officer will partner closely with second- and third-line functions, clearing members, and market participants to ensure the Clearinghouse's risk framework remains robust, compliant ...

Cboe Global Markets

Chief Risk Officer

Chicago, IL · On-site

The Chief Risk Officer will partner closely with second- and third-line functions, clearing members, and market participants to ensure the Clearinghouse's risk framework remains robust, compliant ...

Allianz

Deputy Risk Officer

Minneapolis, MN · On-site

$145K - $155K/yr

Allianz Technology of America, Inc. seeks a Deputy Risk Officer to lead the implementation and ... Provide risk advisory support to the business and support to the Chief Risk Officer. Provide ...

Solar Mason

Chief Risk Officer (CRO)

Scranton, PA · On-site +1

We are seeking a Chief Risk Officer (CRO) to join our executive team. The CRO will identify, assess and mitigate significant competitive, regulatory, and technological threats to our organization ...

ShortList Recruitment Limited

\n \n \n Chief Risk Officer Santa Fe, NM \- Relocation assistance available Up to $300,000 ShortList is looking for a Chief Risk Officer to join the executive leadership team of an established ...

AgHeritage

SVP & Chief Risk Officer

Little Rock, AR

The Senior Vice President & Chief Risk Officer provides strategic leadership on the Executive Management Team by advancing the Association's enterprise risk management program. This role partners ...

Conning

Chief Risk Officer

Hartford, CT

The Chief Risk Officer (CRO) leads the enterprise-wide risk management function with responsibility for overseeing and managing all aspects of risk across Conning. The CRO provides oversight of ...

Conning

Chief Risk Officer

Hartford, CT · On-site

The Chief Risk Officer (CRO) leads the enterprise-wide risk management function with responsibility for overseeing and managing all aspects of risk across Conning. The CRO provides oversight of ...

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Deputy Chief Risk Officer information

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$31K

$99.3K

$187K

How much do deputy chief risk officer jobs pay per year?

As of Sep 1, 2026, the average yearly pay for deputy chief risk officer in the United States is $99,338.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,500.00 and $128,500.00 per year, depending on experience, location, and employer.

What are the main responsibilities of a deputy chief risk officer?

A Deputy Chief Risk Officer (Deputy CRO) assists in managing and overseeing an organization’s risk management framework. They support the Chief Risk Officer in identifying, assessing, and mitigating risks that could impact the business, ranging from financial risks to operational and compliance risks. Deputy CROs help develop risk policies, ensure regulatory compliance, and coordinate with various departments to promote a risk-aware culture. They also play a crucial role in crisis management and in reporting risk exposures to senior leadership.

What are the key skills and qualifications needed to thrive as a deputy chief risk officer?

To thrive as a Deputy Chief Risk Officer, you need deep expertise in risk management, financial analysis, regulatory compliance, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, enterprise risk management (ERM) systems, and certifications like FRM or PRM are highly valued. Strong leadership, strategic thinking, and excellent communication skills help in guiding teams and influencing organizational risk culture. These skills and qualifications are crucial for proactively identifying and mitigating risks to ensure the organization's stability and regulatory compliance.

What are some common challenges faced by a deputy chief risk officer when aligning risk management strategies across multiple departments?

A Deputy Chief Risk Officer often encounters challenges in ensuring that risk management strategies are consistently applied across diverse departments, each with its own priorities and risk tolerances. Coordinating communication and fostering a risk-aware culture can be complex, especially in large organizations. It requires strong collaboration skills, as the role involves working closely with department heads to align policies, resolve conflicts, and implement standardized risk assessment practices. Staying updated on regulatory changes and adapting strategies accordingly is also crucial to maintaining organizational resilience.

What is the difference between Deputy Chief Risk Officer vs Risk Manager?

AspectDeputy Chief Risk OfficerRisk Manager
ResponsibilitiesSupports the CRO, oversees risk policies, manages risk teams, and assists in strategic risk planning.Identifies, assesses, and mitigates risks within specific departments or projects.
QualificationsTypically requires advanced degrees, professional risk certifications (e.g., FRM, CRM), and extensive experience.Requires relevant risk management experience, certifications, and a solid understanding of industry risks.
Work EnvironmentPart of senior management, involved in strategic decision-making, often in financial or corporate sectors.Operational role, often within specific departments, focusing on day-to-day risk mitigation.

The Deputy Chief Risk Officer plays a strategic, leadership role supporting the CRO in managing enterprise-wide risks, while the Risk Manager focuses on operational risk assessment and mitigation within specific areas. Both roles require risk management expertise and certifications, but differ in scope and seniority.

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Deputy Chief Risk Officer jobs near you
Infographic showing various Deputy Chief Risk Officer job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 73% In-person, 9% Hybrid, and 18% Remote job distribution, with an average salary of $99,338 per year, or $47.8 per hour.

Deputy Chief Risk Officer

Connectly Recruiting

Baton Rouge, LA • On-site

Other

This job post has expired today. Applications are no longer accepted.

Job description

Deputy Chief Risk Officer

Our client, a growing publicly traded bank based in Baton Rouge, Louisiana, is hiring a Deputy Chief Risk Officer to help lead its Enterprise Risk Management function through an active period of growth and acquisition. This is a newly created executive role with a direct path to Chief Risk Officer.

If you've built your career leading enterprise risk at a $10 billion-plus financial institution and you're ready for the next step, this is a rare opportunity to step into a true second-in-command role with a bank that's scaling fast.

About the Role

The Deputy Chief Risk Officer will manage the day-to-day operations of the Risk organization, giving the Chief Risk Officer room to focus on strategy, the Board, and acquisition activity. You'll lead a team and oversee a broader risk organization, with responsibility across every major enterprise risk discipline: risk governance, risk assessments, Model Risk, Third-Party Risk, Data Governance, and Business Continuity.

This role is built for someone who has already led enterprise-wide risk at scale, not a specialist in a single discipline like Compliance, Internal Audit, Credit Risk, or BSA/AML.

What You'll Do
  • Support the CRO in the tactical and strategic management of the Enterprise Risk Management (ERM) Program
  • Lead the annual Risk Assessment Program, including risk appetite development with the Board
  • Own Key Risk Indicator development, monitoring, and executive-level risk reporting
  • Direct policy development and regulatory exam readiness across the Risk function
  • Evaluate risk during acquisitions and lead integration planning as the bank grows
  • Oversee Model Risk Management, Third-Party Risk, Data Governance, and Business Continuity/Disaster Recovery
  • Step in as Chief Risk Officer when authority is delegated
What We're Looking For
  • 7+ years of progressive risk management experience in banking or financial services
  • Enterprise risk leadership from a $10 billion+ institution with a mature ERM framework
  • Broad experience across multiple risk disciplines, not a single functional background
  • Bachelor's degree required; MBA, FRM, PRM, CRCM, or CRC designation a plus
  • Strong communication and presentation skills, with the ability to influence senior leadership and the Board
Why This Role
  • Succession path and mentorship with a CRO with extensive banking experience
  • Growth through an active acquisition strategy
  • Real impact shaping the Enterprise Risk Management framework
  • Strong, executive-visible culture

Relocation assistance is available for this 100% onsite role.

Apply