Chief Risk Officer

About Patria

Patria is a leading alternative investment firm in Latin America, recognised for its long‑term vision, strong performance culture, and commitment to developing high‑impact, sustainable businesses. We pride ourselves on attracting exceptional talent and fostering a collaborative environment where ideas thrive and people grow to their full potential.

About the Role

The Chief Risk Officer (CRO) will be responsible for further developing and implementing Patria's global risk management framework across all asset classes and strategies, including private equity, private credit and infrastructure. This leader will build and manage a team of risk subject-matter experts (enterprise, financial/investment and non‑financial risk & controls) and act as a trusted advisor to senior management and investment teams globally.

Key Responsibilities

Risk Framework & Governance

• Design, implement and oversee Patria's risk management framework, incorporating SOX and leading Operational Risk Management methodologies (e.g. COSO).
• Establish and maintain policies, standards and governance structures to promote a consistent risk culture across the firm.
• Represent the Risk Management function in senior corporate governance committees and forums.

Risk Identification, Assessment & Monitoring

• Identify, assess and monitor key risks across the firm, including investment, market, credit and non‑financial risks (e.g. operational, conduct, model, technology and third‑party risks).
• Ensure that risk exposures are well understood, aligned with client objectives and Patria's risk appetite, and appropriately managed.
• Develop and maintain risk dashboards, KRIs and regular reporting for senior leadership and the Board.

Partnership with the Business

• Work closely with investment teams to embed robust risk considerations into investment decision‑making and portfolio management.
• Provide constructive challenge and commercially oriented risk insights to support sustainable business growth.
• Act as a key point of contact on risk topics for senior management and other stakeholders.

Risk Methodologies, Tools & Analytics

• Lead quantitative and qualitative analyses, including stress tests and scenario analyses, to evaluate how portfolios might perform under market and macroeconomic stress.
• Enhance methodologies, models and tools used to measure, aggregate and manage risk across products, strategies and geographies.

Controls, Compliance & Regulation

• Partner with Compliance, Internal Controls and other second‑line functions to align and strengthen the overall control environment.
• Stay current with evolving regulatory requirements and industry best practices, ensuring adherence to all applicable laws, regulations and internal policies.

Team Leadership

• Build, lead and develop a high‑performing team of risk professionals across enterprise, financial/investment and non‑financial risk.
• Foster a culture of accountability, collaboration and continuous improvement, with strong connectivity to business and functional partners.

Requirements

Experience

• 10–15 years of proven Risk Management experience in Financial Services, ideally with significant exposure to alternative asset management.
• At least 5 years in a senior Risk Management leadership role (e.g. Head of Risk, Deputy CRO or equivalent) with direct interaction with executive management and governance bodies.

Technical & Strategic Skills

• Deep understanding of risk management frameworks and internal control environments (including SOX, COSO and Operational Risk Management).
• Demonstrated ability to integrate rigorous risk management and control frameworks with sharp commercial insight, enabling responsible and scalable business growth.
• Experience covering investment, market, credit and non‑financial risks in multi‑asset, multi‑jurisdictional contexts.

Leadership & Interpersonal Skills

• Excellent communication and interpersonal skills, with the ability to build trusted, constructive relationships with investment teams, senior management and control functions.
• Strong leadership skills with experience building, developing and retaining diverse, high‑performing teams.

Education & Languages

• Degree in finance, economics, engineering, mathematics or another quantitative / business‑related field.
• Advanced degree and/or relevant professional certifications (e.g. MBA, CFA, FRM, PRM) strongly preferred.
• Fluency in English required; knowledge of Portuguese and/or Spanish is a strong plus.

What We Offer

Opportunity to work in a leading global asset manager with a high-performance, entrepreneurial culture.

Exposure to senior leadership and strategic talent initiatives across multiple geographies.

A flexible, inclusive, and supportive work environment.

Competitive compensation and benefits.

Work Environment

At Patria, we believe that how we achieve our goals is as important as the results themselves. Our way of working is a key differentiator, helping us retain the best team, build long-term relationships, and generate superior returns. We are:

1. Ethical and aligned to our clients' objectives
2. Associative, complementary, and united by a purpose
3. Disciplined, criteria-driven, and hands-on
4. Committed to fostering a high-performance environment
5. Diversity & Inclusion

Patria is committed to equal opportunity and does not discriminate on the basis of race, color, sex, age, national origin, religion, sexual orientation, gender identity or expression, veteran status, disability, or any other protected class. All employment decisions are based on individual merit and organizational needs.