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CRO job duties/ Responsibilities The job duties/responsibilities of the Chief Risk Officer vary by industry, but they all share the ultimate goal to mitigate any risk that may be encountered by their companies. According to Steven Bragg, some of the major responsibilities of the CRO include: risk management operations of the company, anticipate risk, internal audits, create a strategic plan to mitigate risks, sign insurance contracts for the company, negotiate insurance policies for the company, and implement the company's Enterprise Risk Management (ERM) approach (James Lam).

The CRO is also responsible of ensuring the company is in compliance with regulations while maintaining the company's assets secure and growing (Investopedia). The Sarbanes- Oxley act of 2002 is one of the events that has shaped the job responsibilities of the Chief Risk Officer. As stated earlier, the CRO responsibilities will vary by industry, and are subject to change. https://www.accountingtools.com/articles/2017/5/14/chief-risk-officer-cro-job-description https://erm.ncsu.edu/library/article/role-risk-officer https://www.investopedia.com/terms/c/chief-risk-officer-cro.asps