SIDBI Recruitment 2025: Notification Out for Deputy Chief Risk Officer Post, Apply Now

SIDBI is recruiting qualified candidates to fill out the post of Deputy Chief Risk Officer (Dy. CRO) in Market Risk and Operational Risk Specialisation on a contractual basis.

SIDBI Recruitment 2025 for Deputy Chief Risk Officer (Dy. CRO)

Shubhra Goswamy | Jan 20, 2025 |

SIDBI Recruitment 2025: Notification Out for Deputy Chief Risk Officer Post, Apply Now

SIDBI Recruitment 2025: Notification Out for Deputy Chief Risk Officer Post, Apply Now

SIDBI Recruitment 2025: The Small Industries Development Bank of India (SIDBI) is hiring qualified and willing candidates to fill the post of Deputy Chief Risk Officer (Dy. CRO) in the Market Risk and Operational Risk Specialization on a contract basis. Referring to the official notification of SIDBI Recruitment 2025, there are 02 vacancies for the assigned position. Selection of applicants will be done by way of shortlisting and Personal Interview which will be held online on a suitable date (to be informed in due course) before the Selection Committee. The applicant willing to apply for SIDBI Recruitment 2025 should not be less than the age of 40 years and should not be more than the age of 57 years.

Candidate applying for the aforementioned position should have at least 18 years of experience in a Bank /Financial Sector of which 5 to 7 years should have been in the Risk function. The place of posting will be in Mumbai. The chosen candidates will be appointed for a tenure period of 03 years, extendable, at the sole discretion of the Bank, for a further period of up to 03 years. Interested candidates who meet the criteria should duly fill out the Application (typed in English or Hindi), as per the format available on the official website with a recent passport-size photograph pasted thereon and Curriculum Vitae, bearing full signature of the candidate across the same with date, should be sent/forwarded only through Mail ID mentioned below.

Table of Content
  1. Post Name and Vacancies for SIDBI Recruitment 2025:
  2. Tenure for SIDBI Recruitment 2025:
  3. Age Limit for SIDBI Recruitment 2025:
  4. Experience for SIDBI Recruitment 2025:
  5. Qualification for SIDBI Recruitment 2025:
  6. Place of Posting for SIDBI Recruitment 2025:
  7. Remuneration for SIDBI Recruitment 2025:
  8. Selection Process for SIDBI Recruitment 2025:
  9. How to Apply for SIDBI Recruitment 2025:
  10. SIDBI Recruitment 2025: FAQs

Post Name and Vacancies for SIDBI Recruitment 2025:

Candidates are being sought for the position of Deputy Chief Risk Officer (Dy. CRO) in Market Risk and Operational Risk specialisation on a contractual basis by the Small Industries Development Bank of India (SIDBI). According to the official notification of SIDBI Recruitment 2025, there are 02 vacancies for the designated role.

Post NameSpecialisationPost CodeTotal VacanciesReservation
UREWSOBCSCSTPwBD (VI)
Deputy Chief Risk Officer (Dy. CRO)Market Risk1111
Operational Risk211

Tenure for SIDBI Recruitment 2025:

As given in the official notification of SIDBI Recruitment 2025, the chosen candidates will be engaged for a tenure period of 03 years, extendable, at the sole discretion of the Bank, for a further period of up to 03 years.

Age Limit for SIDBI Recruitment 2025:

In line with the official notification of SIDBI Recruitment 2025, the age limit for the assigned position is mentioned below.

  • The minimum age limit for the assigned position is 40 years.
  • The maximum age limit for the assigned position is 57 years.

Experience for SIDBI Recruitment 2025:

Applicants must meet the following requirements in order to be considered for the SIDBI Recruitment 2025.

Deputy Chief Risk Officer (Dy. CRO) (Market Risk)

  • Candidate should have at least 18 years of experience in a Bank/Financial Sector of which 5 to 7 years should have been in the Risk function.

Desirable additional Experience:

  • Applicant must have experience in Market Risk with exposure to analytics will be an added advantage.

Deputy Chief Risk Officer (Dy. CRO) (Operational Risk)

  • Candidate should have at least 18 years of experience in a Bank /Financial Sector of which 5 to 7 years should have been in the Risk function.

Desirable additional Experience:

  • Applicant must have experience in Operational Risk with exposure to analytics will be an added advantage.

Qualification for SIDBI Recruitment 2025:

Candidates applying for the SIDBI Recruitment 2025 must have the following qualifications.

Deputy Chief Risk Officer (Dy. CRO) (Market Risk)

  • Candidate should have a Graduate Degree from a recognized and registered College / University with:
  1. Professional certification in Financial Risk Management from the Global Association of Risk Professionals. OR
  2. Professional Risk Management Certification from PRMIA Institute. OR
  3. Certification in specialized areas of Market Risk.

Desirable additional Qualification:

  • Applicant must have a Degree/diploma/certificate in or Knowledge/ appreciation of-
  1. Statistics methods, including forecasting, time series, hypothesis testing, classification, clustering or regression analysis.
  2. Python/ Tableau/ R, other statistical/ mathematical tools, etc. for performing data modelling, analysis, dashboarding, etc.

Deputy Chief Risk Officer (Dy. CRO) (Operational Risk)

  • Candidate should have a Graduate Degree from a recognized and registered College / University with:
  1. Professional certification in Financial Risk Management from the Global Association of Risk Professionals. OR
  2. Professional Risk Management Certification from PRMIA Institute. OR
  3. Certification in specialized areas of Operational Risk.

Desirable additional Qualification:

  • Applicant must have a Degree/diploma/certificate in or Knowledge/appreciation of –
  1. Statistics methods, including forecasting, time series, hypothesis testing, classification, clustering or regression analysis;
  2. Python/ Tableau/ R, other statistical/ mathematical tools, etc. for performing data modelling, analysis, dashboarding, etc.

Place of Posting for SIDBI Recruitment 2025:

As mentioned in the official notification of SIDBI Recruitment 2025, the selected applicants will be assigned to work in Mumbai.

Remuneration for SIDBI Recruitment 2025:

Based on the official notification of SIDBI Recruitment 2025, the selected applicant will get a remuneration that will be market-linked. The same shall not be a limiting factor for the right candidate. Apart from initial remuneration offered on Cost to Company (CTC) basis, there would be a provision for an annual increment on CTC finalized initially, which shall be considered by the Bank based on the performance review from time to time. The salary would also have a suitable variable component.

Selection Process for SIDBI Recruitment 2025:

As mentioned in the official notification of SIDBI Recruitment 2025, the selection of applicants will be done by way of shortlisting and a Personal Interview which will be held online on a suitable date (to be informed in due course) before the Selection Committee. Candidate should qualify in all the processes of selection i.e. PI and/or other selection method (as the case may be) and should be sufficiently high in the merit to be shortlisted for subsequent process.

How to Apply for SIDBI Recruitment 2025:

As per the official notification of SIDBI Recruitment 2025, the candidate who meets the criteria should fill out the Application (typed in English or Hindi), as per the format available on the official website with a recent passport-size photograph pasted thereon and Curriculum Vitae, bearing full signature of the candidate across the same with date, should be sent/forwarded only through email at [email protected] on or before 04.02.2025.

While forwarding the respective application the subject line shall clearly indicate the following details only “Application for the post of <<Post Code>>, <<Name of the Post>> <<Candidate Name>>”.

SIDBI Recruitment 2025: FAQs

Below are some answers to some of the most common queries regarding SIDBI Recruitment 2025.

1.  Which method is available for the applicant to apply for SIDBI Recruitment 2025?
Applicant can apply for SIDBI Recruitment 2025 by sending their duly filled application form to the Mail ID mentioned below.

2. How many years of experience are required for SIDBI Recruitment 2025?
There should be a minimum of  18 years of experience required for SIDBI Recruitment 2025.

3. What is the place of work for SIDBI Recruitment 2025?
The selected candidates for SIDBI Recruitment 2025 will be placed in Mumbai.

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