The Chief Risk Officer shall oversee the entire process of Risk Management in the bank, including at the group level i.e. covering Domestic Operations, International Subsidiaries, Domestic Subsidiaries, Overseas Territories and Branches. He/she will be responsible for the review of the Risk Models, developing policies, procedures and pricing models, etc. of the Bank.
The Role of Chief Risk Officer will be broadly classified under the following area of operations,
a) Credit Risk Management
b) Market Risk Management
c) Operational Risk Management
d) Liquidity and Interest rate Risk Management
Vacancy Details:
Post: Chief Risk Officer
No. of Vacancy: 1
CTC offered: Remuneration offered will be market-linked on a fixed pay basis, based on candidate’s qualifications, experience and overall suitability for the respective posts. However, selected candidates will be eligible for Performance Linked Variable Pay which will be over and above the Fixed Compensation but linked to the achievement of specific targets/outcomes.
Eligibility Criteria:
It is desirable that the candidate possesses any of the following professional qualifications:
a) Certification in Financial Risk Management from Global Association of Risk Professionals (GARP)
OR
b) Professional Risk Management Certification from PRIMA Institute.
OR
c) Holder of Chartered Financial analyst charter awarded by CFA Institute,
OR
d) Designated as Chartered Accountant by the Institute of Chartered Accountants of India, or equivalent abroad,
OR
e) Designated as a Cost and Management Accountant by the Institute of Cost Accountants of India, or equivalent abroad;
Work Experience:
Minimum 25 years of experience in Bank /Financial Sector of which at least 7 to 10 years should have been in the Risk function.
Additionally, the candidate should have been in a Chief Risk Officer / Head of Risk position for a Bank / Financial Institution for at least 3 years.
Additional Work Experience:
The candidate should possess work experience in the following areas of Risk Management:
- Hands-on implementation of Risk Guidelines
- Handling regulatory and internal audit matters
- Dealing with international regulators
How to Apply: Candidates are required to apply by clicking on the following link. A detailed CV, containing relevant qualification/ experience/exposure for the applied post/date of birth, needs to be uploaded on the link provided.
Last Date to Apply: April 22, 2020 (23:59 hours)
Notification: bankofbaroda.in