Post Name and Vacancy for SIDBI Recruitment 2025:

Referring to the official notification, the Small Industries Development Bank of India (SIDBI) is recruiting eligible candidates for the position of Deputy Chief Risk Officer (Dy. CRO) under the specialities of Market Risk and Operational Risk. There are a total of two seats open for the aforementioned role.

Age Limit for SIDBI Recruitment 2025:

The candidates applying for the post must possess an age not less than 40 years and not above 57 years as of December 31, 2024, according to the official notification of SIDBI Recruitment 2025.

Qualifications for SIDBI Recruitment 2025:

Candidates are required to possess the below-listed educational qualifications:

For the Market Risk Speciality:

Mandatory educational qualification as of December 31, 2024:

Candidates must hold a Graduate Degree from a recognized and registered College/University with:

• Professional certification in Financial Risk Management from the Global Association of Risk Professionals,

OR

• Professional Risk Management Certification from PRMIA Institute,

OR

• Certification in specialized areas of Market Risk

Desirable additional Qualification:

Degree/diploma/certificate in or Knowledge/appreciation of –

• Statistics methods, including forecasting, time series, hypothesis testing, classification, clustering, or regression analysis;
• Python/ Tableau/ R, other statistical/ mathematical tools, etc. for performing data modeling, analysis, dashboarding, etc.

For the Operational Risk Speciality:

Mandatory educational qualification as of December 31, 2024:

Candidates must hold a Graduate Degree from a recognized and registered College/ University with:

• Professional certification in Financial Risk Management from the Global Association of Risk Professionals,

OR

• Professional Risk Management Certification from PRMIA Institute,

OR

• Certification in specialized areas of Operational Risk.

Desirable additional Qualification:

Degree/diploma/certificate in or Knowledge/appreciation of –

• Statistics methods, including forecasting, time series, hypothesis testing, classification, clustering or regression analysis;
• Python/ Tableau/ R, other statistical/ mathematical tools, etc. for performing data modelling, analysis, dashboarding, etc.

Work Experience for SIDBI Recruitment 2025:

The work experience required to apply for SIDBI Recruitment 2025, is mentioned below per specialities:

For the Market Risk Speciality:

Mandatory Experience:

• Candidates must possess a minimum of 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:

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

For the Operational Risk Speciality:

Mandatory Experience:

• Candidates must possess a minimum of 18 years of experience in a Bank /Financial Sector which 5 to 7 years should have been in the Risk function.

Desirable additional Experience:

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

Remuneration for SIDBI Recruitment 2025:

The chosen applicants, as per the official notification of SIDBI Recruitment 2025, will be paid remuneration 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 will also have a suitable variable component.

Tenure for SIDBI Recruitment 2025:

According to the official notification of SIDBI Recruitment 2025, The period of engagement of eligible candidates will be made initially for the duration of three years. The period is further extendable, at the sole discretion of the Bank, for a further period of up to 3 years.

The contract can be terminated at three months’ notice on either side or salary and allowances (if any) in lieu thereof.

Place of Posting for SIDBI Recruitment 2025:

In accordance with the official notification of SIDBI Recruitment 2025, all the candidates chosen for the opportunity will be placed in Mumbai. The location is the same for both the specialities.

How to Apply for SIDBI Recruitment 2025:

Following the official notification of SIDBI Recruitment 2025, candidates who desire to work in any of the above specialities and also fulfil all the respective requirements for it, can submit their duly filled-in applications (typed in English or Hindi), as per the format available on the Bank’s website with a recent passport size photograph pasted thereon and Curriculum Vitae, bearing full signature of the candidate across the same with date, to the Email ID: [email protected], on or before the due date.

• At the time of forwarding the application, the subject line should be “Application for the post of <<Post Code>>, <<Name of the Post>> <<Candidate Name>>.
• Applications must be sent to the respective email ID on or before February 04, 2025.

FAQs for SIDBI Recruitment 2025:

Here are some frequently asked questions regarding the SIDBI Recruitment 2025:

Q.1: What is the deadline to apply for SIDBI Recruitment 2025?

• Ans: The deadline to apply for SIDBI Recruitment 2025 is February 04, 2025.

Q.2: What is the name of the position open in SIDBI Recruitment 2025?

• Ans: The name of the position open in SIDBI Recruitment 2025 is Deputy Chief Risk Officer (Dy. CRO).

Q.3: Where will the chosen candidates in SIDBI Recruitment 2025 be placed?

• Ans: The chosen candidates in SIDBI Recruitment 2025 will be placed in Mumbai.