Chief Risk Officer (CRO)

Confidential Search – We’re seeking a Chief Risk Officer (CRO) for a large group of financial holding’s company. This role demands a seasoned risk professional with extensive experience in banking and financial services, particularly in credit risk management within corporate banking, and a proven record of leading large, complex teams in dynamic, regulated environments.

Key Responsibilities:
Strategic Leadership

• Define and execute the enterprise-wide risk management strategy, ensuring it aligns with the company’s growth priorities and regulatory requirements.
• Advise the President, Board of Directors, and executive committees on key risk exposures and emerging trends.
• Develop and champion a strong risk culture that embeds risk awareness and accountability at all levels of the organization.

Credit Risk Management

• Oversee credit policy formulation, credit portfolio management, and risk analytics for corporate and investment banking portfolios.
• Lead the assessment, approval, and monitoring of large corporate exposures, ensuring appropriate credit structures, pricing, and risk-adjusted returns.
• Work closely with business heads to balance risk and reward in credit origination and portfolio decisions.

Enterprise Risk Oversight

• Implement and continuously improve integrated risk frameworks covering credit, market, operational, liquidity, and model risks.
• Ensure effective governance, stress testing, early warning systems, and capital adequacy assessments under regulatory standards such as Basel III/IV.
• Monitor macroeconomic, geopolitical, and regulatory developments impacting enterprise risk exposure.

People and Organizational Leadership

• Lead and develop a global or regional team of 500+ risk professionals, fostering a high-performance, values-driven culture.
• Strengthen talent pipelines and succession planning within the Risk function.
• Promote cross-functional collaboration between Risk, Finance, Compliance, Internal Audit, and Business Divisions.

Regulatory and Governance

• Serve as the primary interface with regulators, auditors, and rating agencies on risk-related matters.
• Ensure full compliance with local and international prudential frameworks and corporate governance standards.
• Provide oversight of risk reporting and disclosures to ensure transparency and accuracy.

 
Qualifications:

• Minimum 20 years of progressive risk management experience within large banking or insurance organizations.
• Deep expertise in credit risk management, particularly corporate banking, structured finance, and large-exposure oversight.
• At least 10 years of senior leadership experience managing large, diverse teams (200+ employees) across geographies or business lines.
• Demonstrated success in building and scaling enterprise risk frameworks in complex, multi-line financial institutions.
• Advanced understanding of regulatory expectations (Basel, IFRS 9, local prudential norms, etc.).
• Strong academic foundation: Master’s degree (MBA, Finance, Economics, or related); professional certifications such as FRM, CFA, or PRM preferred.
• Strategic thinker with an analytical mindset and a deep understanding of business dynamics.
• Exceptional leadership, communication, and stakeholder management skills.
• High integrity, sound judgment, and a commitment to ethical governance.
• Ability to balance risk discipline with business enablement, fostering sustainable enterprise growth.

 
For more information and a confidential conversation, please email your CV to Janet.Yeh@morganphilips.com. Please note, that while Morgan Philips welcomes and appreciates all candidate response, volume of replies allows us to respond to short-listed candidates only. Resumes are collected for recruitment purposes only.