User:Abdullmarsh/sandbox

A chief risk officer (CRO) is relatively considered a newer position in the board of directors. When comparing the function of a CRO to the rest of the officers, we find that there is a relationship with every other role. In other words, for a process in any department in a firm to be completed it has to be discussed with a CRO to clear it of potential risks. In general, the CRO has many crucial tasks to look for in any organization to better serve its needs and mitigate its risk. According to the Enterprise Risk Management Initiative, CROs need to find a way to balance risks and inventory decisions to obtain an optimum level for stakeholders and maintain a positive reputation regarding the firm. However, the job description of CRO there is more in depth, there are some general tasks which every CRO has to be familiar with, such as, understanding the concept of Enterprise Risk Management (ERM). Based on Indeed.com website employers in the workforce field are looking for CROs that must have enough knowledge regarding technical matters, along sufficient knowledge about the products they are managing. Plus, significant planning and decision-making skills are also useful skills.