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Chief Risk Officer

Division/Office:
Director - Strategy Office
Closing date:
Location:
Washington, DC
Grade:
(71) $131,227–$240,000 See information on grades and base pay ranges
Who may apply:
Open to All US Citizens (Competitive service - Permanent), Open to status candidates (Competitive service - Permanent)

Summary

This position is located in the Consumer Financial Protection Bureau (CFPB), Office of Strategy.

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Responsibilities

As a Chief Risk Officer, you will:

  • Serve as a senior-level subject matter expert for the Deputy Director, Chief of Staff, and Chief Strategy Officer on Enterprise Risk Management (ERM). Advises senior leadership and senior leadership bodies on enterprise risk matters and ongoing risk management activities.
  • Work closely with other members of the Office of Strategy to lead all aspects of the formation of an ERM program for the Bureau within the Office of Strategy, including the development and execution of the Enterprise Risk Committee (ERC), Bureau-wide ERM process, ERM awareness initiatives. The employee will be responsible for both the high-level strategic development of the ERM program and its execution, in consultation with the Chief Strategy Officer and the Chief of Staff.
  • Communicate and build relationships with senior leaders, managers, and line level staff across the Bureau’s divisions, as well as the points of contact from existing risk management bodies, to proactively identify emerging risks and to monitor enterprise risks. Uses seasoned judgment in deviating from standard practices or strategies to develop methods more appropriate to specific issues and problems.
  • Facilitate the regular meetings of the ERC, leads the preparation of materials for the ERC, guides prioritization and mitigation planning exercises, and prepares regular meeting read-outs for the Director and Deputy Director. The employee will monitor the status of risk mitigation efforts stemming from the deliberations of the ERC and provide regular updates to the members of the Committee.
  • Integrate ERM into Bureau-wide processes, such as budget and internal controls, as well as other Strategy office initiatives, including annual and regular performance reviews and strategic planning.

Travel Required

  • Not required

Supervisory Status

  • No

Promotion Potential

  • 71

What to know if you apply

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Open to All US Citizens (Competitive service - Permanent)

Applications will be accepted from all U.S. citizens.

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Open to status candidates (Competitive service - Permanent)

Current Federal employees on career or career-conditional appointments and reinstatement eligible. Current federal employees on permanent competitive service appointments (including current CFPB employees on such appointments), or former federal employees with reinstatement eligibility; or ICTAP Eligibles; or Eligible under special hiring authorities (e.g., individuals with disabilities, covered by an interchange agreement, or Eligible under the Veterans Employment Opportunity Act). Current CFPB employee should check their appointment type before applying to an announcement.

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