Award winning Executive recruitment company, Monroe Consulting Group is recruiting on behalf of a new established virtual bank providing digital financial services to local retail customers in Thailand. Our respected client is looking for a Chief Risk Officer to lead overall risk functions of the bank with focus on credit risk management
Chief Risk Officer will be responsible for leading the bank's overall risk management strategy, ensuring robust identification, assessment, mitigation, and monitoring of all risk types-credit, market, operational, technology/cybersecurity, liquidity, and compliance. They play a critical role in establishing and scaling risk governance frameworks suitable for a digital-first environment, including areas like digital lending, AI-based decisioning, and open banking.
Job Responsibilities
The CRO ensures compliance with regulatory requirements, manages engagement with regulators (often across multiple jurisdictions), and supports the bank's license obligations.
As a key member of the executive leadership team, the CRO provides strategic input on business decisions, balancing innovation and growth with sound risk practices.
In-depth expertise across core risk disciplines, including credit risk (retail and SME), market risk, operational risk, technology and cybersecurity risk, liquidity risk, and regulatory/compliance risk.
Familiarity with virtual banking regulations and supervisory expectations-ideally with exposure across multiple ASEAN jurisdictions-and the ability to manage regulatory engagement effectively.
A demonstrated ability to implement and scale risk governance frameworks in digital-first environments, encompassing digital lending, AI-driven decisioning, embedded finance, and open banking ecosystems.
Leadership and manage stakeholders to influence the Board and senior leadership while also engaging effectively with cross-functional teams (tech, product, compliance, and finance).
Job Requirements
Proven experience as a CRO or senior risk executive within a digital bank, fintech, or neobank-preferably with direct involvement in early-stage buildouts (license application, setup, or launch) through to full operational scale.
Strong credit risk management for digital banking
Very good command in English
Open for Expat overseas with virtual & digital banking experiences
Familiar with Thailand market and culture
A commercially oriented mindset, with the ability to balance prudent risk management with strategic business growth and customer-centric innovation.
Strong leadership and stakeholder management capabilities
