Indian Bank Recruitment 2022: Check Post, Application Fee, Qualifications and Experience Required

Indian Bank Recruitment 2022: Indian Bank is a leading Public Sector Bank, with headquarters in Chennai and Branches/Offices all over India and abroad. India Bank invites applications for the post of Chief Risk Officer (CRO) on a Contract basis in Chennai. The Chief Risk Officer (CRO) shall be responsible for the overall Risk Management Function of the Bank.

The last date for submission is 19th July 2022. The age for candidates should minimum of 40 years and a maximum of 57 years as on 01.07. 2022. The duration will be for a period of 3 years extendable by one year at a time, subject to a maximum term of 5 years. The contract shall be terminable by either of the parties by one month’s notice. There is only 1 vacancy available.

Details for Indian Bank Recruitment 2022:

Remuneration for Indian Bank Recruitment 2022:

Remuneration will be market-linked and will not be a limiting factor for a suitable candidate and can be negotiated. Other terms and conditions of engagement will be as per the provisions of contract and are negotiable.

Application Fee for Indian Bank Recruitment 2022:

Rs. 1000/- (Inclusive of Taxes)

Candidates shall pay the fees in the below mentioned account through Internet Banking / NEFT/RTGS.

The Reference number/UTR Number shall be specified in the Application form.

Account Name : Recruitment of Chief Risk Officer
Account No : 6942794077
Branch : Indian Bank Royapettah
Account Type : Current Account
IFSC Code : IDIB000R021

Qualifications for Indian Bank Recruitment 2022:

Essential:

Graduate Degree with –

• Professional certification in Financial Risk Manager from Global Association of Risk Professionals.
  OR
• Professional Risk Manager Certification from PRMIA Institute.
  OR
• Two years’ experience as CRO in such regulated lender(s) in respect of which there is regulatory requirement of appointing CRO with Board approval.

Desirable:

• Holder of Chartered Financial Analyst charter awarded by CFA Institute.
  OR
• Designated as Chartered Accountant by the Institute of Chartered Accountant of India or equivalent abroad.
  OR
• Designated as a Cost and Management Accountant by the Institute of Cost Accountant of India or equivalent abroad.

Experience for Indian Bank Recruitment 2022:

Essential:

• Five years experience in Corporate Credit and Risk Management at the level of Assistant General Manager or above in one or more Public Sector Banks, or having similar roles and responsibilities in one or more regulated lending entity with a balance sheet size of more than Rs 5 lakh crores with minimum experience of one year in corporate credit and one year in risk management.

Desirable:

• Good understanding of credit risk, market risk and / or liquidity management and / or operational risk, with exposure to analytics.

How to Apply for Indian Bank Recruitment 2022:

Application complete in all respects as per the prescribed format (Annexure A) along with copies of all the credentials should be sent in a closed envelope super scribed “Application for the post of CRO” to the following address:

General Manager (CDO), Indian Bank
Corporate Office, HRM Department, Recruitment Section
254-260, Avvai Shanmugham Salai, Royapettah, Chennai, Tamil Nadu – 600 014

Last date/time for submission of online application is on 19.07.2022.

Selection Procedure for Indian Bank Recruitment 2022:

• The applications received from the candidates will be screened and shortlisted on the basis of eligibility and relevant experience.
• The requisite number of shortlisted candidates will be called for interview for final selection.
• The final selection will be made on the basis of eligibility, experience, qualification and performance during interaction/ interview.
• The interaction / interview will be conducted by a committee constituted for the purpose.
• Mere satisfying the eligibility norms do not entitle a candidate to be called for interview.

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