As a Chief Risk Officer (CRO), you are responsible for identifying, assessing and managing risks that could affect the company, including financial, operational, reputational and strategic risks.
In Germany, a Chief Risk Officer (CRO) can expect an average annual salary between about €128.000 and €201.000 per year, with a salary range of €157.672 per year, with a salary range of €207.86 to €201.999. In Munich, the average salary for a CRO is €158.885 with a range of €129.778 to €203.151.
The typical training for a Chief Risk Officer includes studying business, finance, economics or comparable disciplines. Often, a postgraduate degree, such as a Master in Business Administration (MBA) or a certificate in risk management, is also required.
Chief Risk Officers usually have a wide range of career opportunities. They can develop into various leadership positions within an organization, such as Chief Executive Officer (CEO) or Chief Financial Officer (CFO).
