Chief Risk Officer

**Roles & Responsibilities of Chief Risk Officer (CRO)**

**Location : Thoothukudi**

**Salary will be at par with the best in the Industry**

**Age Minimum 45 years and not more than 55 years as on 31.03.2024**.

**Roles**:
1. The position will be reporting directly to MD & CEO.

2. 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.

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**:
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.

**Qualification**:
**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

**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.

Remuneration As applicable to Scale VII officer (under new pay structure)

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 arein 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, onfall these items, including but not limited to proposing appropriate risk-mitigating actions.

9. Identify emerging risks like CSE Risk and take appropriate steps.

Contact HR _**
9943828030
.**_

**Job Types**: Full-time, Permanent

Pay: ₹80,000.00 - ₹100,000.00 per month

**Experience**:

- total work: 6 years (required)

Work Location: In person