If you have a strong background in banking or finance, particularly in risk management, SIDBI has an exciting opportunity for you. They’re hiring for two Deputy Chief Risk Officer positions in Mumbai, focusing on Market Risk and Operational Risk. With a 3-year tenure and the possibility of a 3-year extension, this is a great chance to be part of a respected institution and make a real difference. Here’s everything you need to know to apply.
SIDBI Recruitment 2025
SIDBI is inviting applications for the position of Deputy Chief Risk Officer (Dy. CRO) under two specializations: Market Risk and Operational Risk. The bank is looking for professionals with substantial experience in the banking and financial sectors to fill these roles. Here’s a breakdown of the vacancies:
Post Name | Specializations | Number of Vacancies |
---|---|---|
Deputy Chief Risk Officer (Dy. CRO) | Market Risk | 1 |
Deputy Chief Risk Officer (Dy. CRO) | Operational Risk | 1 |
SIDBI Recruitment 2025 Age Limit
To apply for these roles, candidates must be between the ages of 40 and 57 as of December 31, 2024. It is important to note that this age limit is strict, so be sure to check your eligibility before applying.
SIDBI Recruitment 2025 Eligibility Criteria
SIDBI has outlined specific qualifications and experience requirements for these positions:
For Market Risk:
- Educational Qualification: You need to have a degree from a recognized university. Professional certifications in Financial Risk Management or Market Risk will be highly valued.
- Desirable Skills: Knowledge in statistical methods like forecasting, time series analysis, or regression, along with expertise in tools like Python, R, or Tableau for data modeling and analysis.
For Operational Risk:
- Educational Qualification: Similar to Market Risk, a graduate degree is required along with certifications in Financial Risk Management or Operational Risk.
- Desirable Skills: Strong analytical skills with experience in tools like Python or Tableau are an added advantage.
SIDBI Recruitment 2025 Experience Required
Candidates must have at least 18 years of experience in the banking or financial sector, with 5 to 7 years spent in a risk management role. Experience in handling analytics, particularly in the Market or Operational Risk functions, will be considered a significant plus.
SIDBI Recruitment 2025 Remuneration
The remuneration for the selected candidates will be competitive and market-linked. Apart from the initial salary package offered on a Cost to Company (CTC) basis, there will be provisions for annual increments based on performance. The bank also offers a variable component in the salary, which will depend on the overall performance reviews.
SIDBI Recruitment 2025 Tenure and Location
The selected candidates will be engaged initially for a period of 3 years, with the possibility of an extension for an additional 3 years at the bank’s discretion. The posting location will be in Mumbai, and the candidates should be prepared for relocation if necessary.
How to Apply for SIDBI Recruitment 2025
If you believe you have the qualifications and experience required for this role, the next step is to submit your application. Candidates need to send their applications via email to recruitment@sidbi.in. Make sure your email contains the subject line “Application for the post of Deputy Chief Risk Officer – Market Risk / Operational Risk – [Your Name].”
The application should include a recent passport-size photograph, a duly filled application form, and your Curriculum Vitae (CV). The last date to submit your application is February 4, 2025, so be sure to send it before the deadline.
Conclusion
SIDBI is offering an excellent opportunity for seasoned professionals to take on leadership roles in risk management. With attractive compensation, a promising career path, and a chance to work with a prestigious bank, this is a job you do not want to miss. If you meet the qualifications and are ready for a challenging yet rewarding career, apply for SIDBI Recruitment 2025 today.