Post Names and Vacancies for MSC Bank Recruitment 2023: :

According to the official notification of MSC Bank Recruitment 2023, it is accepting applications from eligible candidates for the posts of Chief Technology Officer, Chief Economic Advisor, and Chief Risk Officer. Details of the vacancies are listed below:

• For Chief Technology Officer: 01 Vacancy
• For Chief Economic Advisor: 1 vacancy
• For Chief Risk Officer: 01 Vacancy

Essential Qualifications for MSC Bank Recruitment 2023:

As mentioned in the official notification of MSC Bank Recruitment 2023, the candidates should have the following essential qualifications:

For Chief Technology Officer:

• Candidates should be engineering graduates in Computer Science/Information Technology, MCA, or equivalent from a recognized university or institution.

Desirable Qualification:

• Candidates who have a degree or post-graduation in IT, / IT-related areas or higher qualifications in areas relevant to the role will be given preference.

For Chief Economic Advisor:

• Candidates should have a master ‘s-level degree in economics with a specialization in monetary financial economics or econometrics from a recognized Indian foreign university or institute. A doctorate degree in the areas of money, banking, or international finance from a recognized university will be an added qualification. The IIBF-certified course on risk management

For Chief Risk Officer:

• Candidates should have professional certification in Financial Management from the Global Association of Professionals OR
• Candidates should have professional Risk Management Certification from PRMIA Institute OR
• Candidates should have 2 years of experience as CRO in such regulated lender(s) in respect of which there is a regulatory requirement of appointing CRO with Board Approval.

Desirable Qualification:

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

Experience for MSC Bank Recruitment 2023:

In order to apply for MSC Bank Kurnool Recruitment 2023, candidates must have the following required experience:

For Chief Technology Officer:

• Candidates must have 15 years of relevant experience. He or she should have worked in banking-IT-related areas or projects involving IT policy and planning, networks and applications, financial systems, cyber security technologies, payment technologies, etc., of which 5 years should be at the senior management level.

For Chief Economic Advisor:

• Candidates must have a minimum of 12 years of work experience as an economist in a commercial bank, institution, or other reputed corporate organization, or teaching experience as a lecturer or professor in economics in a college or university, or combined experience as an economist and in teaching.
• Candidates should possess excellent communication skills supported by participation in various economic forums.
• Contributions to leading publications will be an added advantage.

For Chief Risk Officer:

• Candidates must have 5 years of experience in corporate credit and risk management at the level of assistant general manager or above in one or more PSBSs or have similar roles and responsibilities in one or more regulated lending entities, with a minimum experience of three years in corporate credit and three years in risk management.
• Candidates must have a good understanding of market risk and/or liquidity management and/or operational risk, with exposure to analytics being an added desirable experience.

Age for MSC Bank Recruitment 2023:

As given in the official notification of MSC Bank Recruitment 2023, the age limits of the candidates are mentioned below:

For Chief Technology Officer:

• The minimum age and the maximum age of the candidates for this post are 35 years and 55 years, respectively, as on 01-10-2023. However, retired or candidates who have resigned and have adequate experience shall be considered.

For Chief Economic Advisor:

• The minimum age and the maximum age of the candidates for this post are 45 years and 62 years, respectively, as on 01-10-2023. However, retired or candidates who have resigned and have adequate experience shall be considered.

For Chief Risk Officer:

• The minimum age and the maximum age of the candidates for this post are 40 years and 60 years, respectively, as on 01-10-2023. However, retired or candidates who have resigned and have adequate experience shall be considered.

Compensation for MSC Bank Recruitment 2023:

In accordance with the official notification of MSC Bank Recruitment 2023, candidates who are selected for these posts will get a monthly remuneration of Rs. 77450 for all posts.

Tenure for MSC Bank Recruitment 2023:

As indicated in the official notification of MSC Bank Recruitment 2023, the tenure period of all posts is listed below:

• The candidate shall be appointed for a fixed contractual term of three years. Initially and extendable at the discretion of the bank, subject to a satisfactory review of performance by the managing director and CGM of the bank every year.
• In case the appointee wishes to terminate the contract before the expiry of the contractual period of three years, he or she will have to give the bank one month’s notice or make payment of one month’s fixed component of the compensation in lieu of such notice.

Place of Posting for MSC Bank Recruitment 2023:

Referring to the official notification of MSC Bank Recruitment 2023, the candidates who are selected for these posts will be appointed at the head office in Mumbai. However, the bank reserves the right to post the selected candidate as per business requirements.

Selection Process for MSC Bank Recruitment 2023:

As informed by the official notification of MSC Bank Recruitment 2023, the candidates will be selected on the basis of an interview or discussion.

How to Apply for MSC Bank Recruitment 2023:

Based on the official notification of MSC Bank Recruitment 2023, candidates who meet all the eligibility criteria can fill out the application form and send it along with the relevant documents to the Managing Director, The Maharashtra State Co-operative Bank Ltd., Mumbai, Sir Vithaldas Thackersey Smruti Bhavan, 9, Maharastra Chamber of Commerce Lane, Fort, Mumbai-400001.

The last date for the submission of online application forms is 22 -11- 2023.