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Chief Risk Officer

Job in Minnetonka, Hennepin County, Minnesota, 55345, USA
Listing for: Lakeside HR Group
Full Time position
Listed on 2026-03-13
Job specializations:
  • Management
    Regulatory Compliance Specialist, Risk Manager/Analyst
  • Finance & Banking
    Regulatory Compliance Specialist, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 180000 - 230000 USD Yearly USD 180000.00 230000.00 YEAR
Job Description & How to Apply Below

Compensation: $180K - $230K salary, plus bonus and stock option

About The Job

Lakeside HR Group has been engaged by our client to recruit a Chief Risk Officer to join their executive leadership team. This organization is a well-established, community-focused bank with a strong commitment to sound governance, regulatory excellence, and long-term stability.

This is a senior executive role responsible for building, leading, and continuously strengthening the enterprise-wide risk management function.

The CRO will partner closely with executive leadership and the board to ensure the organization operates within its risk appetite while remaining compliant, resilient, and well-positioned for future growth.

Key Responsibilities
  • Lead and execute a comprehensive enterprise risk management framework aligned with Bank’s strategy and risk appetite
  • Identify, assess, monitor, and mitigate operational, regulatory, financial, and strategic risks across the organization
  • Advise executive leadership and the audit committee on emerging risks and recommended mitigation strategies
  • Ensure compliance with all applicable federal and state banking regulations; continuously enhance policies and controls
  • Provide oversight of BSA/AML programs, including transaction monitoring, suspicious activity reporting, and customer due diligence
  • Partner with technology and information security leaders to oversee information security, data security, and vendor risk programs
  • Oversee cross-functional risk-related teams including compliance, internal audit, credit review, fraud, and related functions
  • Promote a strong, organization-wide culture of risk awareness and accountability
  • Represent the organization with regulators and external stakeholders; oversee preparation for audits and examinations
  • Contribute as a key member of executive leadership and board-level committees
Required Skills & Experience
  • Bachelor’s degree in business, finance, or a related field
  • 10+ years of progressive leadership experience in risk management, compliance, or related functions within the banking industry
  • Deep knowledge of banking regulations, compliance frameworks, and risk mitigation practices
  • Demonstrated experience leading managers and senior professionals
  • Strong strategic thinking, judgment, and decision-making skills in complex regulatory environments
  • Excellent written and verbal communication skills with the ability to engage effectively with executives, boards, and regulators
Preferred Qualifications
  • Master’s degree in business, finance, or a related field
  • Advanced industry certifications (e.g., CRCM, CISA, CIA or similar)
  • Experience working directly with regulatory and governing authorities
  • Stock option
  • Comprehensive health, dental, and vision coverage
  • 401K with employer contribution
  • Paid time off and holidays
  • Executive-level benefits and professional development opportunities
About Lakeside HR Group

At Lakeside HR Group, we understand that finding the right job is essential for your career success. We are a boutique-style human resources consulting and recruiting firm dedicated to providing personalized, tailored solutions. When you partner with us, you are not just getting a recruiter; you are getting the entire Lakeside team working together to support your career goals.

Partner with us at Lakeside HR Group, where we are more than just a recruiting firm; we are your partners in achieving your career aspirations.

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