Central Govt Jobs

TMB Recruitment 2024 Chief Risk Officer Posts

TMB Recruitment 2024 Chief Risk Officer Posts

TMB Recruitment 2024 Chief Risk Officer Posts : Tamilnad Mercantile Bank (TMB) has announced recruitment for the position of Chief Risk Officer for the year 2024. This recruitment drive presents an excellent opportunity for qualified individuals to join the esteemed banking institution. Interested candidates are invited to apply through the online application portal available on the official website of TMB.

Organization Name: Tamilnad Mercantile Bank Ltd

Job Category: Central Government Jobs

Employment Type: Regular Basis

Total No of Vacancies: Chief Risk Officer Posts

Place of Posting: Tamil Nadu

Vacancy Details: Chief Risk Officer

Eligibility Criteria: Candidates interested in applying for the Chief Risk Officer position at TMB must meet the following eligibility criteria:

Educational Qualification:

Chief Risk Officer Holder of Chartered Financial Analyst charter awarded by CFA Institute (or) Designated as Chartered Accountant by the Institute of Chartered Accountants of India or equivalent abroad (or) Designated as Cost and Management Accountant by the Institute of Cost Accountants of India, or equivalent abroad
Desirable Qualifications:
1. Graduate Degree with Professional Certification in Financial Risk Management from Global Association of Risk Professionals (or)
2. Professional Risk Management Certification from PRMIA Institute (or)
3. Two years’ experience as a Risk Management Head in a Bank Roles & Responsibilities of Chief Risk Officer (CRO) Roles: The position will be reporting directly to MD & CEO. The role of the Chief Risk Officer is to focus on creating, designing and implementing a risk management function that supports the strategic goals of the Bank and sets long term capital vision in tune with the regulatory capital requirements. To design policies and put in place necessary procedures to implement policies. The CRO will have to coordinate with SOC team and CISO.
Experience:  
Mandatory Experience: Five years’ experience in Credit and Risk Management at the level of Assistant General Manager or above in one or more PSBs or having similar roles in one or more regulated lending entity (in the opinion of bank selection committee), with minimum experience of two years in Risk Management Department in a Scheduled Commercial Bank.
Desirable Experience Good understanding of market risk and/or liquidity management and/or operational risk with exposure to analytics being an added desirable experience.

Age Limit: The maximum age limit for applicants is 55 years as of the date of application and not more than 55 years as on 31.03.2024.

Salary: The salary for the Chief Risk Officer position at TMB will be commensurate with industry standards and will be based on the candidate’s qualifications, experience, and performance during the selection process. Additionally, the selected candidate will be eligible for various benefits and allowances as per the bank’s policies.

Selection Process: The selection process for the Chief Risk Officer position at TMB will consist of multiple stages to assess the candidate’s suitability for the role. The process may include:

Screening of Applications: All applications received within the specified time frame will be screened based on the eligibility criteria mentioned in the recruitment notification.

Written Examination/Interview: Shortlisted candidates may be called for a written examination and/or interview to evaluate their knowledge, skills, and suitability for the position.

Final Selection: The final selection of candidates will be based on their performance in the written examination/interview, as well as their overall qualifications and experience.

How to Apply: Candidates who fulfill the eligibility criteria for the Chief Risk Officer position at TMB can apply through the online application portal available on the official website of the bank. The online application facility will be accessible from 03.04.2024 to 20.04.2024. Before applying, candidates are advised to carefully read the recruitment notification and ensure their eligibility for the position. Additionally, candidates should provide accurate and up-to-date information while filling out the application form to avoid any discrepancies.

Important Dates and Links:

Candidates are encouraged to regularly visit the official website of TMB for any updates or notifications regarding the recruitment process. For further inquiries or clarifications, applicants can refer to the contact details provided in the official recruitment notification.

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