Chief Risk Officer

#cro #Head of Risk / Chief Risk Officer (Factoring) #remote 

A financial company launching a new project in the Polish market is seeking a Head of Risk / Chief Risk Officer (CRO) — an expert who will build a risk management framework from scratch for an online factoring business (SME segment), as well as for installment / annuity loan products (retail clients / sole proprietors), ensuring stability, scalability, and compliance with regulatory requirements.

Requirements

Higher education (finance, economics, mathematics, or law)

Minimum 2 years of experience as a Head of Risk / Senior Risk Manager in a factoring company or in the installment (annuity) lending segment

Proven experience in building or transforming a risk function (from scratch or within a new product/project)

In-depth understanding of factoring products (with recourse / without recourse, invoice financing, debtor risk)

Strong knowledge of annuity loan products (loans with maturities over 12 months)

Knowledge of Polish regulatory requirements (including KNF, AML/KYC, PSD2 – considered an advantage)

Experience working with:

credit risk

debtor (buyer) risk

operational risk and fraud risk

Hands-on experience in implementing scoring models, risk metrics, and early warning systems (EWS)

Experience collaborating with IT / data teams (defining requirements, risk process automation)

Strong analytical and leadership skills

Professional working proficiency in English

Key Responsibilities

Build the risk management function from scratch for a new factoring business and annuity loan product

Develop and implement:

credit policy

customer and debtor assessment methodologies

risk appetite framework and limit system

Establish processes for:

underwriting

portfolio monitoring

management of overdue receivables and non-performing exposures

Develop scoring models (SME / corporate / debtors)

Implement early warning systems (EWS)

Define key risk indicators (PD, LGD, concentration, portfolio quality)

Build management reporting and risk analytics systems

Design and implement a credit decision-making system (decision engine), including decision rules, limit logic, approval workflows, and process automation

Develop and implement anti-fraud approaches and control procedures to identify fraud risks related to clients, debtors, and financed invoices / deliveries

Regularly review and enhance risk methodologies, decision-making rules, and limit policies based on portfolio data and monitoring results

Participate in product development (in cooperation with business and IT), including:

embedded risk control mechanisms (risk checks)

automation of decision-making logic