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Group Chief Risk Officer (Financial Services)

Jakarta Permanent View Job Description
The Group Chief Risk Officer (Group CRO) is responsible for establishing and leading the organization's enterprise risk management framework, ensuring effective identification, assessment, monitoring, and mitigation of risks across the Group. This executive leader provides strategic oversight across credit, market, liquidity, operational, compliance, cyber, and emerging risks while supporting business growth and maintaining regulatory confidence.
  • Strategic Leadership Opportunity
  • Enterprise-Wide Influence

About Our Client

Our client is a prominent financial services group with a diversified portfolio spanning banking, wealth management, insurance, and digital financial services. As the organization continues its expansion and transformation journey, it seeks an accomplished risk executive to strengthen enterprise risk governance and support sustainable growth across the Group.

Job Description

As a Group Chief Risk Officer, your main responsibilities will include:

  • Developing and implementing comprehensive risk management frameworks and strategies.
  • Ensuring compliance with regulatory standards and company policies.
  • Identifying and assessing potential risks to the organisation and its stakeholders.
  • Providing guidance and recommendations to senior management on risk-related matters.
  • Collaborating with various departments to address and mitigate potential risks.
  • Monitoring and reporting on risk exposure and risk mitigation strategies.
  • Developing and maintaining relationships with regulatory bodies and other external stakeholders.
  • Leading and managing the risk and compliance team effectively.

The Successful Applicant

  • Minimum 18-20 years of experience within financial services, with significant leadership experience in risk management.
  • Proven track record as a CRO, Deputy CRO, or equivalent senior risk leadership role within the financial services sector
  • Deep expertise across enterprise risk, credit risk, operational risk, market risk, and regulatory risk management.
  • Experience engaging with regulators, boards, rating agencies, and external stakeholders.
  • History of leading risk transformation, governance enhancement, and organizational change initiatives.
  • Bachelor's degree in Finance, Economics, Accounting, Mathematics, Actuarial Science, Business, or a related discipline.
  • Master's degree (MBA, Finance, Risk Management, or equivalent) preferred.
  • Professional certifications such as FRM, PRM, CFA, or equivalent are highly desirable.

What's on Offer

  • Opportunity to shape and lead the risk strategy of a major financial services group.
  • High visibility with the Board, shareholders, regulators, and executive leadership.
  • Significant influence on strategic decision-making and corporate governance.
  • Competitive executive compensation package, including long-term incentives.
  • Leadership role within a dynamic and growing organization committed to innovation and sustainable growth.



If you are ready to bring your expertise in risk management to a key leadership role, we encourage you to apply.

Contact
Christina Sutiono
Quote job ref
JN-072026-7074669
Phone number
+62 21 2958 8849

Job summary

Function
Banking & Financial Services
Sub Sector
Risk Management
What is your area of specialisation?
Financial Services
Location
Jakarta
Contract Type
Permanent
Consultant name
Christina Sutiono
Consultant contact
+62 21 2958 8849
Job Reference
JN-072026-7074669

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.