What position is cro?

Cro is the position of Chief Risk Officer.

Many people are familiar with the position represented by CEO. CRO is as famous as CEO in developed countries, but little known in China. Over the past decade, with the strengthening of enterprise risk management awareness, this position has gradually become popular. The first CRO in the world was born in 1993.

According to a survey, in 2002, only 20% of large enterprises in the United States had CRO positions, and by 2004, 40% of large enterprises in the United States had CRO positions. At present, more than 80% financial institutions in the world have established CRO positions. In the United States, the annual salary of the chief risk officer is generally more than $300,000, and some even exceed $/kloc-0.0 million.

Extended data

The main responsibilities of the Chief Risk Officer are:

1, responsible for drafting the Group's risk management strategy and planning, and proposing policies and procedures for risk management;

2. Supervise the implementation of risk management policies and procedures, and establish risk management evaluation standards and organizations;

3. Organize the implementation of relevant measures for risk management and internal control system construction, organize the assessment of risk director and the construction of risk management team;

4. Assess the external environment of the Group and the macro risks of the enterprise;

5. Make suggestions on the risks existing in the enterprise environment, strategy and operation process, and report to the board of directors regularly. Some enterprises combine CRO with the company's internal audit, while others separate them.

Baidu Encyclopedia-Chief Risk Officer