Chief Risk Officer

Experience: 18+ years

Educational Requirements: Professional Graduate Degree with preferably an Advanced Specialization

Location: London, UK

This Chief Risk Officer position (CRO) is a leadership role and is mission-critical to the further success of Coforge. The CRO will play a pivotal multifaceted role that extends beyond traditional risk management in safeguarding the organization's assets, reputation, development, and long-term sustainability. The CRO will be responsible for the development, implementation, and oversight of the global enterprise-wide risk management strategy.

This will involve:

• Identifying, assessing, and mitigating potential risks across financial, operational, strategic, regulatory compliance, cybersecurity/information security, and emerging dimensions through deep expertise across these domains.
• Providing strategic guidance and insights to senior management, CEO, and the Board of Directors on risk appetite, tolerance, and emerging threats.
• Fostering a strong risk-aware culture across the organization, embedding risk management principles into all business decisions.
• Designing and implementing comprehensive risk management frameworks and architectures that integrate multiple teams and functions.
• Ensuring the organization's stability, resilience, and long-term success by proactively addressing and mitigating risks.
• Proven experience in addressing diverse aspects of risk management, ensuring robust organizational preparedness and adaptability in dynamic environments.
• Demonstrating big-picture thinking with the ability to communicate complex risk concepts effectively across all levels of the organization, including the Board of Management.
• Successfully leading and supporting strategic business transformation projects, ensuring alignment with risk management goals.
• Skilled in utilizing advanced analytics and risk modeling tools to monitor risk exposure, predict vulnerabilities, and inform proactive mitigation strategies.
• A problem-solving mindset with strong organizational and project management skills, fostering cross-functional collaboration and seamless project execution.
• Experienced in conducting stress testing and simulation exercises to evaluate organizational resilience under various adverse scenarios.

Role Responsibilities:

• Develop and implement a comprehensive Enterprise Risk Management (ERM) framework aligned with industry best practices and regulatory requirements.
• Identify, assess, and prioritize organizational risks across all areas, including but not limited to financial, operational, strategic, reputational, compliance, technological & cybersecurity risk.
• Advise senior management on risk-related matters and provide strategic guidance on risk appetite and tolerance.
• Conduct regular risk assessments and develop risk mitigation plans.
• Monitor key risk indicators (KRIs) and report on risk exposures to senior management and the board of directors.
• Ensure compliance with all applicable laws, regulations, and industry standards.
• Lead and develop a high-performing risk management team.
• Foster a strong risk management culture throughout the organization.
• Stay abreast of emerging risks and regulatory changes.
• Collaborate with internal and external stakeholders, including auditors, regulators, and legal counsel.

Professional traits which are necessary for the success of Coforge leaders:

• Exhibits excellent judgment and holds herself/himself to high standards.
• Hires & develops great people. Ability to inspire passion.
• Thinks strategically but stays on top of tactical execution. Results oriented.
• Expects and requires innovation of her/his team.
• Highest level of customer orientation.
• Thinking strategically while managing tactical execution.