ENGAGEMENT OF CHIEF RISK OFFICER (CRO) IN THE BANK ON CONTRACT BASIS FOR PROFESSIONAL SERVICES.
IMPORTANT DATES:
| Submission of On-line application commencing from | 03.09.2026 |
| Last date for submission of On-line application | 12.09.2026 |
ELIGIBILITY CRITERIA:
- Nationality / Citizenship:
A candidate must be either (i) a Citizen of India or (ii) a subject of Nepal or (iii) a subject of Bhutan or (iv) a Tibetan Refugee who came over to India before 1st Jan. 1962 with the intention of permanently settling in India or (v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Govt. of India.
- Educational Qualification & Post Qualification Experience (as on 12.09.2026)
| CHIEF RISK OFFICER |
|---|
| S No. | Number of Posts | Age | Qualifications | Experience |
|---|
| 1 | 01 | Minimum 40 years of age;
And
Less than 55 years of age,
(As on 01.09.2026) | Mandatory educational qualifications: The candidate should possess a Graduate Degree from a university/institution recognized by the Government of India or its regulatory bodies, along with any one of the following:
a. Professional certification in financial risk management from the Global Association of Risk Professionals;
or
b. Professional Risk Management Certification from the PRMIA Institute;
or
c. At least two years' experience as Chief Risk Officer in a regulated lending entity in respect of which there is a regulatory requirement for appointment of the CRO with the approval of its Board.
Desirable educational qualifications:
Preference may be given to candidates possessing one or more of the following qualifications:
Chartered Financial Analyst charter awarded by the CFA Institute;
Chartered Accountant qualification awarded by the Institute of Chartered Accountants of India or an equivalent qualification obtained abroad;
Cost and Management Accountant qualification awarded by the Institute of Cost Accountants of India or an equivalent qualification obtained abroad;
Postgraduate degree in Finance, Economics, Banking, Risk Management, Business Administration or a related field;
Certification or specialised qualification in treasury risk, credit risk, operational risk, cyber risk, climate risk, data analytics or model-risk management. | Mandatory experience: The candidate should possess at least five years' experience in Corporate Credit and Risk Management at the level of Assistant General Manager or above in one or more Public Sector Banks; or In an equivalent senior position, involving similar roles and responsibilities, in one or more regulated lending entities, as may be determined by the Bank and the CRO Selection Committee with minimum experience of one year in Corporate Credit and one year in Risk Management.
Desirable experience: Good understanding of market risk and/or liquidity management and/or operational risk, with exposure to analytics being an added desirable experience. |
APPLICATION FEES (NON-REFUNDABLE)
| Application Fee | Total Fee for New Delhi | Total fee for out of New Delhi |
|---|
| Rs. 1000/- + Plus GST as applicable | Rs.1180/-(including CGST and SGST) | Rs.1180/-(including IGST) |
- Candidates have the option of making the payment of requisite fees/ intimation charges through the ONLINE mode only.
- Bank Transaction charges for online payment of application fee /intimation fee will have to be borne by the candidate.
- Cash, Demand Drafts, Cheques, Money Orders, Postal Stamps etc. will NOT BE ACCEPTED.
- Payment of fees/ intimation charges through ONLINE MODE and no other mode of payment is acceptable.
- Application once made will not be allowed to be withdrawn and the Fees once paid will NOT be refunded on any account nor can it be held in reserve for any other examination or selection. Candidates should ensure that he/she fulfils the eligibility and other norms mentioned in this advertisement before applying.