Chartered Accountant vacancy in Punjab National Bank

The Punjab National Bank has invited applications from interested candidates for the post of Chief Risk Officer.

The Punjab National Bank is a Banking and Financial service bank owned by the Government of India with its headquarters is in New Delhi, India. The bank was founded in 1894. It is the second-largest public sector bank in India, both in terms of business and its network.

Educational Qualification

(1) Holder of Chartered Financial Analyst charter awarded by CFA Institute, or

(2) Designated as Chartered Accountant by the Institute of Chartered Accountants of India, or equivalent abroad, or

(3) Designated as a Cost and Management Accountant by the Institute of Cost Accountants of India, or equivalent abroad.

Experience

• Experience with a Bank (India/ Abroad) / Financial Institution with substantial exposure to Credit Risk, Market risk, Operational Risk, Liquidity Risk, Interest Rate Risk, another pillar II risks, and risks emanating at and from overseas operations and group entities. Exposure to Analytics will be an added advantage.
• Five years of experience in corporate credit and risk management at the level of Assistant General Manager or above in one or more PSBs or having similar roles and responsibilities in one or more regulated lending entities, with minimum experience of one year in corporate credit and one year in risk management.
• Good understanding of market risk and/or liquidity management and/or operational risk, with exposure to analytics being an added desirable experience.

Roles and responsibilities

1) Responsible for Bank-wide effective credit risk management and its implementation.

 2) Ensure that there are adequate resources with required skills, experience, and qualifications.

 3) Review and approval of results of credit risk management/ processes before its reporting to CRMC/RMC and/ or board.

4) Ensure that all the reporting is done in a timely and accurate manner.

 5) Ensure coordination between various functions/ departments in the Bank engaged in credit risk management.

6) Ensure adequate training to Bank employees on areas of Credit Risk Management through workshops, e-learning materials, induction, and other ongoing training programs.

7) Supervise the activities of the Operational Risk Management Department (ORMD) for the continual implementation of an effective operational risk management framework and all its components.

8) Review and approval of operational risk-related policies and procedures for internal and domestic subsidiaries and overseas territories/ subsidiaries.

How to apply

• Eligible candidates may submit applications in the prescribed format which is available on the bank’s website www.pnbindia.in – link (recruitment).
• The duly completed application should reach us latest by 18-07-2020. No application shall be entertained beyond the stipulated date. Incomplete applications will be rejected.
• The hard copy of the application along with all the relevant self-attested supporting documents be sent by registered/speed post in a sealed envelope superscribing:
• Application for the post of Chief Risk Officer (CRO) be submitted to: “General Manager-HRD, Punjab National Bank, Human Resource Management Division, 1 st floor, West Wing, Corporate Office, Sector 10, Dwarka NEW DELHI -110075”
• The application fee is Rs. 1000/- payable by way of Draft drawn on any Nationalized/scheduled Bank drawn in favor of “Punjab National Bank- Recruitment of CRO” and payable at New Delhi

Age Limit

Minimum Age – 45 and Maximum Age – 55 (As on 01.01.2020)

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