Chief Risk Officer (CRO)

Helsinki

Nordic Investment Bank (NIB) is an international financial institution that provides long-term financing to projects that improve productivity and benefit the environment in its member countries. Owned by eight Nordic and Baltic nations, NIB offers sustainable financing solutions for sectors like energy, transport, and innovation. With a focus on promoting sustainable development, the bank operates across both public and private sectors. NIB is headquartered in Helsinki, Finland, and upholds values of transparency and responsibility in all its activities.

NIB's outstanding financing portfolio is over EUR 24 billion, and the total balance sheet amounts to some EUR 44 billion.

We are now looking for a new Chief Risk Officer to join our team to do banking that makes a difference

The Chief Risk Officer (CRO) leads the strategic oversight of NIB's risk management framework, covering all material risks, both financial and non-financial, while fostering a culture of risk awareness and ensuring adherence to the highest standards of accountability, transparency, and ethical conduct. The CRO plays a central role in promoting the second line of defense, maintaining a balance between innovation, business growth, and prudent risk management. As a member of the Executive Committee, the CRO contributes to the bank’s overall success, co-owning business results with the first line of defense while ensuring that independent risk control functions are upheld.

Main responsibilities

  • Define and manage NIB's risk appetite, setting specific thresholds to balance growth, innovation, and prudent risk management
  • Ensure NIB adheres to its Statutes, Principles for Capital and Liquidity Management, and Risk Appetite Statement
  • Promote and champion the second line of defense risk control function, ensuring effective oversight of the first line of defense while facilitating strategic, transparent discussions between both lines
  • Foster a dynamic risk culture that aligns with NIB's long-term objectives and business model
  • Oversee the Integrity & Compliance function, ensuring that NIB follows best practices in transparency, ethics, and data protection
  • Ensure high-quality, up-to-date risk monitoring and reporting systems
  • Act as a Member in the Executive Committee, the Asset, Liability & Risk Committee and Mandate, Credit & Compliance Committee providing risk insights in business planning and operational strategies

Qualifications and experience

  • Ability to balance innovation with prudent risk management, fostering growth while defining and maintaining NIB’s risk appetite
  • Capability of envisioning long-term goals, developing actionable strategies, and setting clear steps to ensure future success and sustainability
  • Ability to embrace and lead change initiatives to continuously improve operations and collaboration
  • Interest in and understanding AI and emerging technologies, with the ability to identify opportunities while considering associated risks and ethical implications
  • Self-awareness, curiosity and commitment to personal growth
  • University level degree in a relevant field
  • Fluency in English, coupled with excellent writing skills

We offer you

  • A unique opportunity to work for an International Financial Institution with a mission to support the sustainable development in the Nordic and Baltic region
  • The possibility to impact the strategic direction of the Bank in the Executive Committee
  • Contribute to developing the NIB culture in line with NIB’s values
  • A modern working space in the heart of Helsinki, and a flexible way of working combining office life and remote work
  • Work in a supportive, diverse, and inclusive environment alongside experts from various backgrounds
At Impactpool we do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify. Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.