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Union Bank of India Recruitment 2020: Chief Risk Officer Vacancies - Apply Now

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Last updated: Apr 16,2020 11:50 IST

Union Bank of India Recruitment 2020: Chief Risk Officer Vacancies  - Apply Now
On 16/04/2020, Union Bank of India announced Job notification to hire candidates who completed Any Graduate for the position of Chief Risk Officer.
Company Name Union Bank of India
Post Name Chief Risk Officer
No of Posts 1 Post
Job Location Mumbai
Last Date to Apply 20/04/2020
Similar Jobs Maharashtra Govt Jobs
Qualification Details:

1. UNION BANK OF INDIA, a leading Public Sector Bank, with Pan India Branch Network with Head Office in Mumbai, invites Applications for the post of CHIEF RISK OFFICER on Contractual Basis.

2. Qualification: Graduate Degree with: 1. Professional certification in Financial Risk Management from Global Association of Risk professionals. OR 2. Professional Risk Management Certification from PRMIA Institute. Desirable additional Qualification: 1.Holder of Chartered Financial Analyst awarded by CFA Institute, OR 2. Designated Chartered Accountant by the Institute of Chartered Accountant of India or equivalent abroad, OR 3.Designated as a Cost and Management Accountant by the Institute of Cost Accountant of India or equivalent abroad.

3. Work Experience: Mandatory experience: Five years experience in corporate Credit and risk management at the level of Assistant General Manager or above in one or more PSBs, or having similar role and responsibilities in one or more regulated lending entity (in the opinion of the CRO-recruiting PSB and its CRO Selection Committee), with minimum experience of one year in corporate credit and one year in risk management. Desirable additional Experience: Good understanding of market risk and / or liquidity management and /or operational risk, with exposure to analytics being an added desirable experience

4. Job Profile:  Responsible for overall supervision of Risk Management function of the Bank.  Overseeing the functioning of each of the Risk Management Division.  Ensuring continuous improvement in the Risk Management Practices/policies of the Bank.  Attending Credit Approval Committee (CAC) meetings.

5. Pay Compensation: The compensation and terms & conditions will be negotiated/ finalized depending upon the suitability of the candidate.

6. TERMS OF CONTRACT: The CHIEF RISK OFFICER would Head the Bank’s Risk Function for a fixed contractual term of three years extendable by one year at a time, subject to a maximum term of five years with review of performance after completion of every year. The Bank will be entitled to terminate the contract at any time without assigning any reason whatsoever, by giving 30 days notice or on payment of fixed Component Compensation equivalent to one Month's fixed component of the compensation in lieu of such Notice. In case the appointee desires to terminate the contract before the expiry of the contractual period of three years, he / she will have to give to the Bank clear one month's notice or make payment of one Month's fixed component of the compensation in lieu of such Notice.

Age: Minimum – 35 Years ,Maximum - 55 years

General Instructions

a) Decision of the Bank in all matters regarding eligibility of the applicant, the stages at which such scrutiny of eligibility is to be undertaken, documents to be produced, Personal Interview, selection and any other matter relating to recruitment will be final and binding on the applicant. While applying for the post, the applicant should ensure that he / she fulfills the eligibility and other criteria mentioned above and that the particulars furnished are correct in all respects. In case it is detected at any stage of recruitment that applicant does not fulfill the eligibility norms and / or that he / she has furnished any incorrect / false information/document or has suppressed any material fact(s), his / her candidature will automatically stand cancelled. If any of the above shortcoming(s) is / are detected even after recruitment, his/her contract is liable to be terminated without any notice.

b) Payment of Application Fees by any other mode except by the above stated mode will not be accepted. Instruments like Demand Draft / Bankers Cheques / Indian Postal Orders received towards payment of Application Fees will not be encashed by the Bank and such instruments if received will not be returned to the applicants and the application of the candidate will not be considered.

c) Mere submission of application against the advertisement and apparently fulfilling the criteria as prescribed in the advertisement would not bestow on him / her right to be called for Personal Interview.

d) Incomplete applications and / or applications without aforesaid documents will be rejected outright without assigning any reason thereof.

e) An application once made will not be allowed to be withdrawn and the fees once paid will not be refunded on any account nor can it be held in reserve for any other examination or selection. Therefore before applying for the post, the applicant should ensure that he / she fulfill each of the eligibility criteria and other norms, including submission of documents, as mentioned in this notification.

Address

Union Bank of India,Mumbai,Maharastra

Selection Procedure :

The selection will be through Interview & Personal interaction on the basis of eligibility, experience, qualification & performance during Interview/interaction

How to Apply :

a. Log on to the Bank's website “www.unionbankofindia.co.in” and on the Home Page under the link “Recruitment” click the Notification titled “NOTIFICATION FOR APPOINTMENT AS CHIEF RISK OFFICER ON CONTRACTUAL BASIS”.

b. There will be two links available on the page. Click on the link “Notification” to download and print the Notification, including the ‘RECRUITMENT APPLICATION FEE PAYMENT CHALLAN’ on page 5.

c. Read the notification carefully and if found eligible to apply, click on the link “Application Form” to download the required Application Form.

d. Fill in the Recruitment Application Fee payment Challan in clear and legible handwriting in BLOCK LETTERS.

e. Go to the nearest Union Bank of India Branch with the Application Fee Challan and deposit the appropriate Application Fee in cash. Please obtain the Applicant’s Counterfoil Copy of the Application Fee Payment Challan duly issued by the bank with (a) Branch Name, (b) Branch Sol ID, (c) TRANS ID, and (d) Date of Deposit filled in by the Branch Official for filling in application form and as a proof to submit along with duly signed hardcopy of application form.


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