Tuesday, April 21, 2020

Bank of Baroda Recruitment for chief risk officer post 2020

Bank of Baroda Recruitment for chief risk officer post 2020 
Officer
Role & 
Responsibility
The Chief Risk Officer shall oversee the entire process of Risk Management in the bank, including at the group level i.e. covering Domestic Operations, 
International Subsidiaries, Domestic Subsidiaries, Overseas Territories and 
Branches. He/she will be responsible for review of the Risk Models, developing 
policies, procedures and pricing models, etc. of the Bank.
The Role of Chief Risk Officer, will be broadly classified under the following area 
of operations,
a) Credit Risk Management.
b) Market Risk Management.
c) Operational Risk Management.
d) Liquidity and Interest rate Risk Management.
The detailed list enumerating the roles and responsibilities of CRO is enclosed as 
Annexure I.
Reporting 
Relationship
The CRO shall report directly to the Bank’s Chief Executive (MD & CEO)/Risk 
Management Committee (RMC) of the Board

Age limit
(as on 13th April 2020)
Less than 60 Years 
Mandatory
Educational Qualification

Graduation/Post Graduation in any stream (recognized / approved by Govt., Govt. 
bodies / AICTE)
Desirable 
Professional Qualification
It is desirable that the candidate possesses any of the following professional 
qualification:
a) Certification in Financial Risk Management from Global Association of 
Risk Professionals (GARP)
OR
b) Professional Risk Management Certification from PRIMA Institute.
OR
c) Holder of Chartered Financial analyst charter awarded by CFA Institute, 
OR
d) Designated as Chartered Accountant by the Institute of Chartered 
Accountants of India, or equivalent abroad, 
OR
e) Designated as a Cost and Management Accountant by the Institute of Cost 
Accountants of India, or equivalent abroad;
Mandatory Work 
Experience
Minimum -25- years of experience in Bank /Financial Sector of which at least -7- to -10- years should have been in the Risk function. 
Additionally the candidate should have been in a Chief Risk Officer / Head of Risk 
position for a Bank / Financial Institution for at least -3- years. 
Additional Work 
Experience
The candidate should possess work experience in the following areas of Risk 
Management:
 Hands on implementation of Risk Guidelines.
 Handling regulatory and internal audit matters.
 Dealing with international regulators
Nature & Tenure of Engagement
Fixed Term Engagement on Contract Basis for a period of 3 years extendable by a 
period 1 year at a time subject to a maximum term of 5 years. On expiry of the term, 
the engagement may be extended into other related roles in the Bank as per Bank’s 
Requirement.
CTC offered Remuneration offered will be market linked on fixed pay basis, based on candidate’s 
qualifications, experience and overall suitability for the respective posts. However 
selected candidate will be eligible for Performance Linked Variable Pay which will be 
over and above the Fixed Compensation but linked to the achievement of specific
  of Position 1 (One)
Location of Posting Mumbai
The candidate may be deputed to work with the team(s) with the organization/ 
parent organization/ any subsidiary of the parent organization, if and as deemed 
necessary.
Last date of 
application 22nd April 2020 (23:59 hours)
Contact Number 0265-2316605/54
Method of applying Candidates are required to apply by clicking on the following link. Detailed CV, 
containing relevant qualification/ experience/exposure for the applied post/date of 
birth, needs to be uploaded on the link provided.
Important Notes & Guidelines
 Before applying, candidates should ensure that they fulfill the eligibility criteria for the post as on the date of eligibility. 
Short-listing and interview will be purely provisional without verification of documents. Candidature will be subject to 
verification of details/documents when the candidate reports for interview if called.
 Candidates are advised to check Bank’s website www.bankofbaroda.co.in/careers.htm regularly for details and updates. 
Call letters/advice, where required will be sent by e-mail only.
 Candidates serving in Govt./Quasi Govt. offices, Public Sector undertakings including Nationalized Banks and Financial 
Institutions are advised to submit ‘No Objection Certificate’ from their employer at the time of interview, failing which their 
candidature may not be considered and travelling expenses, if any, otherwise admissible, will not be paid. 
 In case of selection, candidates will be required to produce proper discharge certificate from the employer at the time of 
taking up the appointment. 
 In case it is detected at any stage of recruitment that a candidate does not fulfil the eligibility norms and / or that he / she 
has furnished any incorrect / false information or has suppressed any material fact(s), his / her candidature will stand 
cancelled. If any of these shortcomings is / are detected even after appointment, his /her services are liable to be terminated. 
 Intimations will be sent by email and/or sms only to the email ID and mobile number registered in the online 
application form. Bank shall not be responsible if the information/ intimations do not reach candidates in case of change 
in the mobile number, email address, technical fault or otherwise, beyond the control of Bank. Candidates are advised to keep
a close watch on the authorized Bank’s website www.bankofbaroda.co.in for latest updates.
 Any legal proceedings in respect of any matter of claim or dispute arising out of this advertisement and/or an application in
response thereto can be instituted only in Mumbai and courts/tribunals/forums at Mumbai only shall have sole and exclusive 
jurisdiction to try any cause/dispute.
 Merely satisfying the eligibility criteria norms does not entitle the candidate to be called for test/ GD/ interview. The Bank 
reserves the right to call only the requisite number of candidates for test/GD/ interview after preliminary 

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