[Remote] Chief Risk Officer
Note:The job is a remote job and is open to candidates in USA. Capital Impact Partners is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. The Chief Risk Officer (CRO) is responsible for overseeing Momentus Capital's risk strategy, ensuring business resilience, and aligning risk management with corporate objectives and key performance indicators (KPIs). Responsibilities• Develop, implement, and continuously enhance Momentus Capital's Enterprise Risk Management (ERM) framework, integrating credit, market, liquidity, operational, and reputational risk dimensions• Partner with the Chief Financial Officer to lead the Finance and Risk Management Committee and provide regular risk reporting and insights to the Board of Directors and EMT• Define and maintain the organization's risk appetite statement, ensuring alignment with strategic and financial goals• Oversee credit and counterparty risk policies related to small business and commercial portfolios• Ensure effective underwriting standards, concentration risk monitoring, and stress testing protocols• Review portfolio performance trends and emerging credit risks, recommending proactive mitigation actions• Oversee investment and portfolio risk management practices, including market, liquidity, and valuation risk• Partner with the Investments team to ensure compliance with investment mandates, client risk tolerances, and regulatory requirements (e.g., SEC and FINRA)• Establish risk analytics, scenario modeling, and performance attribution frameworks tailored to the growth of the asset management business.• Identify and mitigate operational risks related to technology, cybersecurity, third-party relationships, and business continuity• Collaborate with the Legal and Compliance team to ensure ongoing adherence to applicable laws and regulations• Oversee risk training, culture initiatives, and controls testing to embed risk awareness throughout the organization• Present comprehensive risk assessments, emerging risk trends, and stress test results to the MLT and the board's Finance and Risk Management, and Audit Committee• Update key risk indicators (KRIs) and dashboards that provide timely insights into the organization's risk posture• Oversee the development of contingency and recovery plans for high-impact risk events• Serve as a trusted advisor to the CEO and Board on strategic and capital decisions, as well as product expansion, from a risk-return perspective• Champion a risk-aware culture that balances innovation with prudent governance• Provide day-to-day leadership for all assigned functions.Leads through collaboration, innovative management concepts, and initiatives to meet program goals and objectives within available resource allocations and in the most effective and efficient manner• Lead, mentor, and develop the risk leadership team, promoting a culture of high performance and professional growth• Establish divisional performance objectives that align with the corporate goals and mission, promoting employee recognition• Promote a culture of accountability and high performance within the credit, risk, and underwriting teams, implementing training and professional development opportunities• Ensure the risk team adheres to the industry's risk management practices and regulatory requirements, and internal policies and proceduresSkills• Bachelor's degree in finance, business administration, or a related field.• MBA or equivalent preferred• Minimum of 20 years of experience in Credit, Capital Markets, Enterprise Risk Management, compliance, and social impact analysis skills, with at least 5 years in a senior credit leadership role• Proven track record of developing and executing successful risk strategies• Demonstrated success in managing diverse loan portfolios and driving growth in commercial and real estate lending• Strong understanding of credit risk, capital markets, asset management, and compliance regulations• Demonstrated leadership skills, with experience managing and developing high-performance teams• Strong communication skills, with the ability to present complex information clearly to the MLT and EMT, board of directors, investors, and ratings agencies.• Management and senior leadership experience. • Proven ability to lead complex organizations and drive growth in a changing environment• Proficiency with written and oral communication skillsCompany Overview• Capital Impact Partners is a non-profit financial institution that provides financing and impact investing opportunities to people. It was founded in 1982, and is headquartered in Arlington, Virginia, USA, with a workforce of 201-500 employees. Its website is Apply tot his job