Nainital Bank Ltd. jobs for Chief Risk Officer in Nainital. Last Date to apply: 12 Apr 2021

Chief Risk Officer
Nainital Bank Ltd.
Any Graduate
Nainital Bank Ltd.
Last Date 12 Apr 2021
This Job is Expired

Nainital Bank Ltd. - Job Details

Date of posting: 09 Apr 21
The Nainital Bank Limited invites applications for the appointment of Chief Risk Officer (CRO) on contract basis

1 Post Name : Chief Risk Officer

2 No. of Post and Location : One (1) at Banks Head Office, Nainital

3 Nature of Employment On contract basis for a period 3 years subject to annual review, extendable by one year at a time, subject to a maximum term of 5 years. The contract shall be terminable by either of the parties by three months’ notice or compensation in lieu thereof.

4 Qualification: Graduate Degree with:

i. Professional certification in Financial Risk Management from Global Association of Risk professionals. OR
ii. Professional Risk Management Certification from PRMIA Institute. OR
iii. Three years’ experience as CRO in such regulated lender(s) in respect of which there is regulatory requirement of appointing CRO with Board approval. OR
iv. Two years full Time MBA with Specialization in Risk Management from a recognized University OR
v. Two years full Time MBA with Specialization in Finance from a recognized University and Certification in Risk Management from a recognized Institute. 

5 Desirable additional Qualification: Preference will be given to the candidates having:-

i. Holder of Chartered Financial Analyst awarded by CFA Institute, OR
ii. Designated Chartered Accountant by the Institute of Chartered Accountant of India or equivalent abroad, OR
iii. Designated as a Cost and Management Accountant by the Institute of Cost Accountant of India or equivalent abroad.

6 Work Experience : Desirable experience: Preference will be given to the candidates having experience in Corporate Credit and Risk Management at the level of Manager/ Senior Manager in one or more Banks/ FIs., or having similar role and responsibilities in one or more regulated lending entity. Good understanding of market risk and / or liquidity management and /or operational risk, with exposure to analytics being an added desirable experience.

7 Job Profile :

i. Responsible for overall supervision of Risk Management function of the Bank.
ii. Ensuring continuous improvement in the RiskManagement Practices/policies of the Bank.
iii. Framing and Reviewing the Risk Management policies like Credit Risk, Operational Risk including IT related risk, Fraud Risk, Fund Transfer Pricing, Market Risk, Operational Risk and Asset Liability Management.
iv. Acting as the Convener of the Credit Risk Management Committee (CRMC),Asset Liability Management Committee (ALCO) and Internal Risk Management Committee (IRMC)
v. Responsible for business continuity planning framework of the Bank and will be the convener of the BCP Committee. 
vi. Developing and managing a comprehensive Risk Policy and to ensure that it is within the framework of RBI regulations and BASEL norms.
vii. Any other similar work entrusted by the Bank from time to time.
viii. In addition to the above, the job role of Chief RiskOfficer includes adhering to the guidelines as per the RBI circular No. DBR.BP.BC NO. 65/21.04.103/2016-17 dated 27.04.2017.

8 Remuneration: Salary and allowances will be as applicable in Grade/ Scale IV of the Bank as under: Basic Pay in the running scale starting from 76010-2220/4-84890- 2500/2-89890 and applicable allowances and admissible perks

9. Miscellaneous: The contract will be subject to satisfactory completion of all Preemployment formalities including Medical examination, Reference checks, Police Verification and verification of testimonials etc., as prescribed by the Bank.

Age Limit:
Minimum – 35 Years Maximum- 55 years

Job Summary

Job Type : Full Time
Job Role : HR / Admin
Job Category : Govt Jobs,Recruitment
Hiring Process : Face to Face Interview
Who can apply : Freshers

About Nainital Bank Ltd.

The Nainital Bank Limited was established in the year 1922 with the objective to cater banking needs of the people of the region. In the year 1973, Reserve Bank of India directed Bank of Baroda, a premier nationalized bank, to manage the affairs of the Nainital Bank Limited.

This Job is Expired

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