Chief Risk Officer
Bank of Baroda
No of Post: 01
Location of Posting: Mumbai
Role & Responsibility: 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 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.
Age: Minimum Age – 45 and Maximum Age – 55
CTC offered: The selected candidate will be recruited on Regular basis in the rank of General Manager (GM), i.e. in Top Executive Grade/Scale-VII in the pay scale of GM (Basic Pay - Rs 76520) – Pre-revised due for revision plus other allowances and perquisites as applicable to the grade/scale.
Experience and Job specific skills: Minimum 20 years of experience with a Bank (India/Abroad)/Financial Institution of which minimum 8-10 years with substantial exposure to Credit Risk, Market Risk, Operational Risk and Liquidity & Interest rate Risk. Exposure to Analytics will be an added advantage
Educational Qualification: The candidate should possess any of the following qualification in the area of Risk
Management: a. Foundations of Financial Risk- Level I by GARP Functions and Forms of Banking, Managing Banks, Banking Regulation, Credit Risk, The Credit Process and Credit Risk Management, Market Risk, Operational Risk, Regulatory Capital and Supervisions & Insurance Risk
b. Risk and Regulation- Level II by GARP Credit Risk Management. Market Risk Management Operational Risk Management Asset & liability Management
c. Financial Risk Management Certification by GARP
d. Professional Risk Management Certification by PRIMA.