Professional Summary
Dynamic and results-oriented Chief Risk Officer with over 10 years of experience in developing and implementing risk management strategies to safeguard organizations against potential threats. Adept at leading cross-functional teams, conducting risk assessments, and implementing mitigation plans to ensure compliance and protect assets. Proven track record of driving operational efficiency and enhancing profitability through effective risk management practices.
WORK EXPERIENCE
Chief Risk Officer
March 2018 - Present
ABC Corporation | City, State
- Developed and implemented a comprehensive risk management framework that resulted in a 15% reduction in overall risk exposure.
- Led a team of risk analysts in conducting regular risk assessments and identifying key areas of vulnerability, leading to a 20% decrease in cybersecurity incidents.
- Collaborated with senior leadership to establish key risk indicators (KRIs) and implemented monitoring processes that improved risk visibility and decision-making accuracy by 25%.
- Implemented a vendor risk management program that reduced vendor-related risks by 30% and saved the company $500,000 annually.
- Oversaw the development of business continuity and disaster recovery plans, ensuring minimal disruption during crisis situations.
Risk Manager
January 2014 - February 2018
DEF Bank | City, State
- Conducted thorough risk analysis on new financial products, resulting in a 10% increase in product profitability.
- Implemented a fraud detection system that reduced fraudulent activities by 15% and saved the bank $1 million in potential losses.
- Developed and implemented credit risk models that improved loan approval rates by 20% while maintaining acceptable risk levels.
- Collaborated with compliance officers to ensure adherence to regulatory requirements and implemented corrective actions to address any compliance issues.
- Conducted regular training sessions for employees on risk management best practices, resulting in a 30% decrease in operational errors.
Risk Analyst
June 2010 - December 2013
XYZ Insurance | City, State
- Analyzed insurance claims data to identify trends and patterns, leading to a 25% reduction in fraudulent claims.
- Assisted in the development of underwriting guidelines that improved underwriting accuracy by 15% and reduced claim payouts by 10%.
- Conducted risk assessments on potential clients, resulting in a 20% increase in profitable client acquisitions.
- Collaborated with actuaries to develop pricing models that optimized premium rates and increased revenue by 10%.
- Prepared risk reports for senior management, providing actionable insights to support strategic decision-making.
EDUCATION
Master of Business Administration (MBA),
ABC University
May 2010
Bachelor of Science in Risk Management,
XYZ University
May 2008