closepop
closepop

Bank of Maharashtra Jobs 2017: 07 Credit Risk Officer, Operational Risk Officer, Market Risk Officer Vacancy for Graduate, MBA, CA, ICWA published on 5th August 2017

On 05/08/2017, Bank of Maharashtra announced Job notification to hire candidates who completed Graduate, MBA, CA, ICWA for the position of Credit Risk Officer, Operational Risk Officer, Market Risk Officer .

Bank of Maharashtra Jobs 2017 proposes to receive the application from applicants in Online Mode. Eligible candidates can submit their application to Bank of Maharashtra before 02/09/2017. All those aspiring to apply can check out various information like eligibility criteria, salary, Total vacancy, Selection Procedure, Job description, last date, Application procedure and other key information required for the post below. Kindly go through all the below details before submitting your application Offline. We wish all the very best to all candidates applying through Fresherslive.

Vacancy Name Vacancy Details
Credit Risk Officer SC – 01 Age (Years) Min-Max: 30 – 45 (Inclusive of all relaxations)
Qualification: Graduate in any discipline AND MBA (Banking / Finance) or CA / ICWA. A certification course on Risk Mgmt / Financial Risk Management shall carry due weightage.
Experience: Minimum 3 years in Risk Mgmt Deptt. of PSBs, Minimum 5 years in Risk Mgmt Deptt. of PSBs
Job Profile: Calculation of Basel II/III CRAR as per RBI guidelines. Implementation of qualitative and quantitative requirements of Standardized Approach and IRB approach of Basel guidelines, on Credit Risk.
Preparation of ICAAP.  Undertaking testing of rating models, submitting the results of testing of Models and incorporating changes in models after approval.  Validating the Credit Risk Rating of borrowers. Undertaking various analyses pertaining to credit risk as per requirements and preparation of notes/policies for Top Management, Committees, Board and Regulators. Understanding of Credit Risk Related concepts in Ind- As. Proficiency with usage of MS Excel, MS PowerPoint, MS Word.
Operational Risk Officer – OBC – 1 Age: 30 to 45 years
Qualification: Graduate in any discipline AND MBA (Banking / Finance) or CA / ICWA. A certification course on Risk Mgmt / Financial Risk Management shall carry due weightage.
Experience: Minimum 3 – 5 years in Risk Mgmt Deptt. of PSBs.
Job Profile: Implementation of guidelines of the Reserve Bank of India on Operational Risk related areas.
Implementation of qualitative and quantitative requirements of BIA/TSA/AMA of Basel guidelines, on Operational Risk. Implementation of Bank wide Risk Control and Self-Assessment and Key Risk Indicators and Loss Data framework. Building / Understanding / Validation of Value at Risk capital models of Operational Risk Loss data on Internal and External Loss, Scenario Analysis, etc. Statistical concepts of analyzing Operational Risk data (frequency and severity). Undertaking various analyses pertaining to Operational risk as per requirements and preparation of notes/policies for Top Management, Committees, Board and Regulators. Proficiency with usage of MS Excel, MS PowerPoint, MS Word.
Market Risk Officer – UR – 5 Age:30 to 45 years
Qualification: Graduate in any discipline AND MBA (Banking / Finance) or CA / ICWA. A certification course on Risk Mgmt / Financial Risk Management / Treasury Mgmt. shall carry due weightage.
Experience: Minimum 3 – 5 years in Risk Mgmt Deptt. of PSBs.
Job Profile: Implementation of guidelines of the Reserve Bank of India on Liquidity Risk, Interest Rate Risk, LCR, NFSR and related areas. Developing stress test scenarios, preparing Stress Test Reports for
Liquidity, Interest Rate, Forex Risks and scenario stress tests for placing before Top Management, Committees/Board. Review of Base Rate/MCLR. Preparation of Structural Liquidity and Interest Rate Sensitivity LCR etc.   Undertaking behavioral / variance analysis for ALM, Adoption of Modified Duration Approach for ALM. Prepare, develop and maintain models for market risk, forex-Risk. Undertaking any other studies as per requirement. Undertaking various analyses pertaining to Market Risk/ALCO as per requirements and preparation of notes/policies for Top Management, Committees, Board and Regulators. Proficiency with usage of MS Excel, MS PowerPoint, MS Word.
Probation Period: 24 Months
Minimum Service Period : 2 Years

Scale of Pay ( Basic Pay) : Scale – III – 42020 – 1310/5 – 48570 – 1460/2 – 51490, Scale – IV – 50030 -1460/4 – 55870 – 1650/3 – 60820 At present, apart from basic pay officers are entitled to receive DA, HRA & CCA in a Metropolitan center. Allowances may vary depending upon the place of posting. In addition, quarter facility (in lieu of HRA, wherever provided) for officers, conveyance, Medical Aid, LTC and retirement benefits are admissible as per rules of the Bank, in force from time to time.
Fee: Category Total ,  OBC / General (Application fee + intimation charges) Rs. 600/- , SC/ST/PWD (intimation charges only) Rs.100/-

Selection Procedure:

  • The Selection for the post of Risk Management officer is on the basis of short-listing and Personal Interview.
  • Depending upon the number of vacancies, Bank reserves the right to shortlist requisite number of candidates based on the academic track record of the candidate, experience and suitability of the candidates, as decided by the Bank and only those shortlisted candidates will be called for Personal Interview.( The centre & address of the venue, time and date of interview will be informed to the shortlisted candidates through call letter and candidates have to attend the same at their own cost.) The details of short-listed candidates for personal interview will be displayed through Bank’s website. Request for change of centre will not be entertained. However, the Bank reserves its right to change/add/cancel the date, time, centre, venue for the Group Discussion and /or interview or hold supplementary selection process on particular date /session /venue/ centre / for set of candidates at its discretion, under unforeseen circumstances, if any.  Preliminary screening /short listing with reference to candidate’s qualifications, suitability /
    experience etc. Final Selection will be on the basis of marks secured by the candidate in personal interview. The total marks allotted for personal interview are 100. Candidates have to secure minimum marks as mentioned below.

How To Apply?

  • IMPORTANT POINTS TO BE NOTED BEFORE REGISTRATION Before applying online, candidates should: Scan their photograph and signature ensuring that both the photograph and signature adhere to the required specifications as given under Guideline for photograph & signature scan and upload.
  •  Have a valid personal e-mail ID and mobile no., which should be kept active till the completion of this Recruitment Process. Bank may send call letters for the Examination etc. through the registered e-mail ID. In case a candidate does not have a valid personal e-mail ID, he/she should create his/her new e-mail ID and mobile no. before applying on-line and must maintain that e-mail account and mobile number.
  • Candidates are advised to go to the Bank’s website www.bankofmaharashtra.in and click on the ‘RECRUITMENT’ to open the link “Online application for recruitment of “Risk Management Officers” and then click on the option “APPLY ONLINE” which will open a new screen.
  • To register application, choose the tab “Click here for New Registration” and enter Name, Contact details and e-mail id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.

Information:

  • The Candidates should ensure that they fulfill all eligibility criteria. Their candidature at all the stages of recruitment process will be purely provisional subject to satisfying prescribed eligibility criteria mentioned in this advertisement. Bank will verify eligibility once the candidate has qualified for the interview.
  • If any false/incorrect information furnished by the candidate is detected at any stage of recruitment process, he/she will be disqualified from the selection process.
  •  If the candidate knowingly or willfully furnishes incorrect or false particulars or suppresses material information, he/she will be disqualified and if appointed, shall be liable for dismissal from the Bank’s service without any notice or assigning any reasons whatsoever.
  •  The decision of the Bank in all matters relating to recruitment shall be final and no individual correspondence will be entertained. Applications received after due date will not be entertained. The Bank is not responsible for any postal delay.
  •  The recruitment in Bank of Maharashtra is done strictly as per merit in a systematic way. Canvassing in any form will disqualify the candidate.
  •  The Bank reserves the right to cancel the Recruitment through this Advertisement fully or partly on any grounds and such decision of the Bank will not be notified or intimated to the candidates.
  • Employees working in Government /Semi-Government Undertaking will have to produce “ No Objection Certificate” at the time of GD/interview.
  •  The application must be submitted on-line through Bank`s website www.bankofmaharashtra.in.

Address For The Job: The Asstt. General Manager (IR &HRD) Bank of Maharashtra ‘Lokmangal” 1501, Shivaji Nagar Pune-411005

Important Dates:

Commence of date of on-line application 12.08.2017
Last Date of online application 02.09.2017
Last Date for receipt of hard copy of online application with enclosures. 12.09.2017
Date of GD/Interview Will be informed separately.

Similar Jobs
Air India
Oil and Natural Gas Corporation Limited
India Post
Telangana State Public Service Commission
HDFC LIFE
Karnataka State Police
Jharkhand Staff Selection Commission
Electronics Corporation of India Limited
High Court of Judicature at Allahabad
Defence Research and Development Organisation
North East Frontier Railway
Odisha Sub Ordinate Staff Selection Commission
Unique Identification Authority of India
Indian Oil Corporation Limited
North Central Railway
Telangana State Public Service Commission
Election Commission of India
GAIL India Limited
Indian Air Force
National Highways Authority of India
Rail India Technical and Economic Service