RECRUITMENT OF CHIEF RISK OFFICER ON CONTRACT BASIS Location - Thoothukkudi/ Tuticorin,Tamil Nadu Age: Preferably not more than 60 years old as on 31.08.2023 Opening date for registering Online e-application - 26.10.2023 Closing date for registering Online e-application - 06.11.2023 APPLY PROCESS : Candidates are requested to apply only ON-LINE through TMBs website<a href="www.tmbnet.in/tmb_careers/">www.tmbnet.in/tmb_careers/</a> No other mode of submission of application will be accepted by the Bank. Mandatory Educational Qualification: 1. Holder of Chartered Financial Analyst charter awarded by CFA Institute(or) 2. Designated as Chartered Accountant by the Institute of Chartered Accountants of India or equivalent abroad (or) 3. 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 Mandatory Experience: - Five years experience in Corporate 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 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. Roles: 1. The position will be reporting directly to MD & CEO. 2. The role of the 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. 3. To design policies and put in place necessary procedures to implement policies. 4. The CRO will have to coordinate with SOC team and CISO. Responsibilities: 1. Designing, implementation and management of all aspects of the risk function, including implementation of processes, tools and systems to identify, assess, measure, manage, monitor, mitigate and report risks. 2. Development and management of processes to identify and evaluate various risks, Risk and Control Self-Assessments (RCSA) and identify practical solutions to overcome the identified risks. 3. Identifying material individual, aggregate and emerging risks, assessing these risks and measuring the banks exposure to them. 4. Supporting the Board in its implementation, review and approval of the enterprise-wide risk governance framework which includes the banks risk culture, risk appetite and risk limits. 5. Ongoing monitoring of the risk-taking activities and risk exposures to ensure they are in line with the Board approved risk appetite, risk limits and corresponding capital or liquidity needs (i.e. capital planning) 6. Establishing an early warning or trigger system for breaches of the banks risk appetite or limits. 7. Influencing and when necessary, challenging material risk decisions. 8. Reporting to senior management and the Board or risk committee, as appropriate, on all these items, including but not limited to proposing appropriate risk-mitigating actions. 9. Identify emerging risks like CSE Risk and take appropriate steps. Procedure of Selection: - The shortlisted candidates should appear for interview. They will be called for personal interview through Direct / Video Conferencing. The mode of interview, date and time will be communicated to the eligible candidates individually. Application Fee: Nil General Conditions: - The following enclosures to be uploaded along with the e-application - Self-attested photo copy of SSLC or Higher Secondary Mark Sheet/Transfer Certificate for age proof. - Self-attested photo copy of Degree Certificate. - Experience certificate/s and Relieving Letter. - Last Month Salary Slip - Candidates are advised to adhere to the eligibility conditions given strictly. Any information found to be wrong or any candidate found ineligible at any stage of the process or later will result in disqualification of the candidate. Candidates are requested to apply only ON-LINE through TMBs website www.tmbnet.in/tmb_careers/. No other mode of submission of application will be accepted by the Bank. Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well

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Tamilnad Merchantile Bank - Chief Risk Officer - Contract Basis 

Job Description for Tamilnad Merchantile Bank - Chief Risk Officer - Contract Basis  in TAMILNAD MERCANTILE BANK LIMITED in  Tamil Nadu Others for (8-13) years of experience. Apply Now!