Chief Risk Officer

Conning & Company; Hartford (CT); On-site; USD 250,000 - 275,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Retirement plan

Paid time off

Job summary

Conning & Company in Hartford, CT seeks a Chief Risk Officer to lead enterprise-wide risk management, overseeing fiduciary investment, operational, regulatory, and emerging risks. You will design and drive risk policies, escalate material risks, and ensure alignment with strategy and risk framework.

The CRO will provide board-level reporting, interact with risk committees, and mentor a team of risk professionals.

Qualifications

• 10+ years of experience in enterprise risk management within financial services or related regulated industry.
• Experience engaging with Boards, risk committees, and senior executives.
• Strong written and verbal communication skills with attention to detail and board-level reporting.

Responsibilities

• Provide independent view of risk across Conning and advise the Board and senior management on material risk matters.
• Design, implement, oversee, and maintain enterprise risk management framework and policies.
• Identify, assess, monitor, and escalate material risks, emerging risks, and risk events.
• Provide independent oversight of fiduciary investment risks, ensuring adherence to client mandates and risk limits.
• Lead risk reporting processes, including quarterly risk oversight materials for the Board.
• Conduct annual assessment of risk management effectiveness and internal controls.
• Lead and develop the risk management function and promote a strong risk culture.
• Serve as liaison between the firm and parent organization for risk-related matters.
• Collaborate with parent company on risk management to align mitigation strategies.
• Manage several direct reports.

Skills

Enterprise risk management

Board reporting

Risk governance

Regulatory expectations

Communication skills

Leadership

Strategic decision making

Education

Bachelor’s degree

Advanced degree or professional credentials

Job description

Conning is a leading global investment management firm with a long history of serving the insurance industry. We develop customized investment strategies that address our clients’ unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning’s risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis.

The Chief Risk Officer (CRO) leads the enterprise-wide risk management function with responsibility for overseeing and managing all aspects of risk across Conning. The CRO provides oversight of enterprise, fiduciary investment, operational, financial, regulatory, and emerging risks, ensuring alignment with Conning’s strategy, client mandates, regulatory expectations, and our parent company’s risk framework.

This role is central to safeguarding Conning’s operating integrity, supporting informed decision making, and protecting long term enterprise value.

Responsibilities

• Provide an independent view of risk across Conning and advise the Board, risk committees, and senior management on material risk matters.
• Design, implement, oversee, and maintain Conning’s enterprise risk management framework and policies, including financial, operational, ICT, strategic, and reputational risks.
• Identify, assess, monitor, and **escalate** material risks, emerging risks, and risk events in a timely and transparent manner.
• Provide independent oversight of fiduciary investment risks, ensuring adherence to client mandates, risk limits, and escalation protocols.
• Lead the preparation and delivery of regular and ad hoc risk reporting, including quarterly risk oversight reports and Board level materials.
• Conduct an annual assessment of the effectiveness of Conning’s risk management system and internal control environment.
• Lead and develop the risk management function, promoting strong risk culture and effective collaboration with business leaders.
• Serve as the primary liaison between the firm and our parent organization for all risk- related matters.
• Collaborate with our parent company’s risk management team to address concerns, provide insights, and align risk mitigation strategies.
• Manage several direct reports.

Requirements

• 10+ years of experience in enterprise risk management within investment advisory, asset management, insurance, or other regulated financial services.
• Bachelor’s degree required.
• Advanced degree and/or professional risk credentials preferred.
• Strong understanding of enterprise and fiduciary investment risks, governance frameworks, and regulatory expectations.
• Proven ability to engage effectively with Boards, risk committees, and senior executives.
• Excellent written and verbal communication skills, strong analytical skills, exemplary attention to detail and Board level reporting.
• Ability to multi‑task, be proactive, work independently, and work effectively under pressure (often under deadlines and changing priorities).
• Highly motivated, proactive team player with a positive attitude.
• Outstanding reputation of professional integrity and maturity.
• Ability to clearly articulate views and supporting data.
• Decision Making Level/Position Latitude Strategic decision making skills with a high degree of latitude.

Base Compensation

The anticipated base salary range for this position is $250,000 to $275,000 per year.

Benefits and Other Compensation

Subject to applicable eligibility requirements and the terms of the governing plans and policies, benefits offered with this position generally include medical coverage, dental coverage, vision coverage, retirement plan and employer contribution, paid time off, paid holidays, paid sick leave, life and disability coverage, and other applicable fringe benefits. This position is also eligible for incentive awards, if applicable. The benefit descriptions in this posting are summaries only. Eligibility, coverage, benefit levels, and other terms are governed by the applicable plan documents, policies, and applicable law.

Conning is an equal opportunity employer. Our company embraces the principles of inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued. We provide reasonable accommodations to those who need them. If you are unable to complete this application due to a disability, contact us to ask for an accommodation or an alternative application process. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

Applicants must exhibit a strong commitment to meet compliance obligations reflecting Conning’s core values of honesty and integrity; must accept responsibility for compliance in each role and comply with all applicable rules, regulations, and legal requirements.

Conning is a leading global investment management firm with a long history of serving the insurance industry. We develop customized investment strategies that address our clients’ unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning’s risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis.