This sample Chief Risk Officer (CRO) Job Description provides comprehensive guidelines for the position of Chief Risk Officer (CRO) in various organizational contexts. The CRO is a key executive responsible for risk governance and ensuring that the organization complies with all applicable government regulations and guidelines. Their tasks range from risk mitigation to internal auditing, corporate investigations, information security, and development of risk analytics. They may also report directly to the board of directors or chairman, depending on the organizational structure.

In terms of responsibilities within specific industry settings, the CRO's role includes establishing and maintaining credit risk policies for lending products. They are expected to ensure that all decisions related to risks align with internal policies. A large part of their role involves optimizing portfolio profitability whilst managing quality indicators such as delinquency and write-offs. Furthermore, they are tasked with supporting new product development across consumer finance portfolios by implementing robust risk infrastructure with a strong control framework.

The qualifications required of a CRO include strong analytical skills, communication abilities, experience leading teams and an understanding of regulatory compliance issues. Furthermore, candidates should ideally possess advanced degrees in relevant fields and have proven ability in planning/organizing strategic directions and building consensus across various stakeholders in an organization.

Overall, this document serves as an extensive guide for organizations looking to hire a Chief Risk Officer or for individuals seeking to understand the responsibilities and qualifications associated with this high-level executive role. It underscores how critical effective risk management is to the success of today's global enterprises considering ever-evolving financial landscapes and regulatory environments.