Chief Risk Officer Job at Confidential, Boston, MA

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  • Confidential
  • Boston, MA

Job Description

Chief Risk Officer

About the Company

Prominent community development financial institution

Industry
Management Consulting

Type
Non Profit

Founded
1982

Employees
201-500

Categories

  • Consulting & Professional Services
  • Marketplace
  • B2B
  • B2C

Specialties

  • commercial real estate financing
  • microloans
  • small business lending
  • small business financing
  • small business tips
  • business advising
  • working capital
  • business coaching
  • equipment financing
  • sba community advantage
  • land financing
  • scholarships
  • sba 504 loans
  • small business loans
  • start-ups
  • small business expansion
  • and sba 7a loans
  • cdfi
  • capacity building
  • technical assistance
  • and lending

About the Role

The Company is seeking a Chief Risk Officer (CRO) to lead its risk management strategy and ensure the resilience of the business. The CRO will be responsible for the development and enhancement of the enterprise risk management framework, integrating various risk dimensions, and aligning risk management with the company's objectives. This role involves overseeing lending risk, asset management, and investment risk, as well as operational and regulatory risk. The CRO will also serve as a strategic advisor, championing a risk-aware culture, and will be a key member of the executive and leadership teams, with direct reporting to the President and CEO. Candidates for the CRO position at the company should have a Bachelor's degree in finance, business administration, or a related field, with an MBA or equivalent preferred. A minimum of 20 years' experience in credit, capital markets, enterprise risk management, compliance, and social impact analysis is required, with at least 5 years in a senior credit leadership role. The ideal candidate will have a proven track record in developing and executing successful risk strategies, managing diverse loan portfolios, and driving growth in commercial and real estate lending. Strong leadership, communication, and management skills are essential, as is the ability to ensure adherence to industry risk management practices and regulatory requirements. The CRO will also be responsible for team leadership and development, promoting a culture of high performance, and ensuring the risk team is equipped with the necessary training and professional development opportunities.

Hiring Manager Title
President and Chief Executive Officer (CEO)

Travel Percent
Less than 10%

Functions

  • Finance
Confidential

Job Tags

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