What are the responsibilities and job description for the Chief Risk Officer– Fintech Banking position at Madison-Davis, LLC?
Office Status: Hybrid
Salary: Up to $275,000
Job Description:
A leading fintech bank is seeking a dynamic and forward-thinking Chief Risk Officer (CRO) to lead the enterprise risk management strategy for a rapidly growing fintech bank. As the bank’s primary risk executive, the CRO will oversee a comprehensive risk framework across financial, operational, compliance, and strategic domains, ensuring regulatory alignment and resilience in an evolving market.
Responsibilities:
- Lead and continuously improve the Enterprise Risk Management (ERM) framework aligned to the bank’s strategic vision.
- Define, articulate, and monitor the bank’s risk appetite and tolerance levels across departments.
- Serve as a trusted advisor to the CEO, Board of Directors, and executive leadership on emerging risk trends and regulatory expectations.
- Chair the Enterprise Risk Management Committee and represent risk perspectives across senior-level forums.
- Oversee risk functions including compliance, third-party/vendor risk, legal risk, and collaboration with the BSA Officer.
- Act as the primary liaison with regulatory bodies including the FDIC and NYDFS for all risk-related matters and examinations.
- Integrate risk culture across the organization through policy design, staff training, and advisory support.
- Identify and assess new and evolving risks arising from technological, environmental, and financial innovation.
Salary : $275,000