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TMB Recruitment 2023 Chief Risk Officer Posts

TMB Recruitment 2023 Chief Risk Officer Posts

TMB Recruitment 2023 Chief Risk Officer Posts : Tamilnad Mercantile Bank (TMB) has released a recruitment notification for various executive-level positions, including the prestigious role of Chief Risk Officer (CRO). The bank aims to strengthen its workforce with qualified and skilled individuals to enhance its operations and maintain its commitment to delivering exceptional banking services. Aspiring candidates can apply online for the Chief Risk Officer position along with other posts like Credit Analyst, Chief Operating Officer, and Chief Manager – Credit. This article provides comprehensive information about the TMB Chief Risk Officer Job Notification 2023, including eligibility criteria, salary details, selection process, how to apply, and important dates and links for the recruitment process.

Job Notification : The Tamilnad Mercantile Bank has issued a job notification for the position of Chief Risk Officer, as part of its recruitment drive to fill various executive vacancies. The Chief Risk Officer plays a critical role in assessing and managing the bank’s risk exposure, ensuring compliance with regulations, and implementing risk management strategies to safeguard the bank’s financial stability. The bank is seeking highly experienced and qualified candidates to take on this challenging responsibility.

Organization Name: Tamilnad Mercantile Bank Ltd

Total No of Vacancies: Credit Analyst, Chief Risk Officer, Chief Operating Officer & Chief Manager – Credit Posts

Place of Posting: Anywhere in India

Vacancy Details: TMB Invites Applications for the Following Posts

  • Credit Analyst in Scale II
  • Chief Risk Officer
  • Chief Operating Officer
  • Chief Manager – Credit

Eligibility Criteria: To be eligible for the Chief Risk Officer position, candidates must meet the following criteria:

Credit Analyst in Scale II – Bachelor’s degree, with a background in finance, accounting or other related fields. Additional qualifications such as MBA(Finance) or practical designations such as the commercial Banking and Credit Analyst (CBCA) program will be given high preference.

Experience: Candidate should have an experience of atleast two years in a Bank underwriting MSME proposals

Chief Risk Officer – Holder of Chartered Financial Analyst charter awarded by CFA Institute (or) Designated as Chartered Accountant by the Institute of Chartered Accountants of India or equivalent abroad (or) Designated as Cost and Management Accountant by the Institute of Cost Accountants of India, or equivalent abroad. Graduate Degree with Professional Certification in Financial Risk Management from Global Association of Risk Professionals (or) Professional Risk Management Certification from PRMIA Institute (or) Two years’ experience as a Risk Management Head in a Bank

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 roles in one or more regulated lending entity (in the opinion of bank selection committee), with minimum experience of two years in Risk Management Department in a bank. Good understanding of market risk and/or liquidity management and/or operational risk with exposure to analytics being an added desirable experience.

Chief Operating Officer – Overall experience of at least 15 years in banking or finance services, out of which minimum 5 years shall be in the Planning / Business Development / Advances / Compliance functions.
Skills: Good understanding of industry and strong communication skills, Emotional Intelligence, Conflict resolution skills, Negotiation skills, Leadership skills, Prioritization and time management, Empathy, Strategic planning and sensitivity to supervisors’ expectation

Chief Manager – Credit – Graduate/Post Graduate in any discipline from a recognized university. CA/CFA/CMA/ICWA

Experience: Minimum 5 years of work experience in MSME credit / Corporate Credit as an executive in Supervisory / Management role / Senior Manager / Assistant Vice President in Public / Private Sector scheduled commercial bank. Experience in handling High Value Credit, Appraisal / Assessment of credit proposals of MSME.

Age Limit (As on 30.06.2023) : The Age limit for applying to the above posts varies from 35 to 60 years.

Salary and Benefits: The selected Chief Risk Officer will be offered an attractive and competitive salary package along with other benefits, as per the bank’s rules and regulations. The exact salary details will be disclosed to the candidates during the final selection process.

Selection Process: The selection process for the Chief Risk Officer position at TMB will involve the following stages:

Application Screening: Initially, the applications will be screened to shortlist candidates based on their eligibility and experience.

Interview: Shortlisted candidates will be called for an interview to assess their suitability for the Chief Risk Officer role. The interview panel will evaluate the candidate’s expertise, knowledge, leadership skills, and risk management abilities.

The shortlisted candidates should appear for interview. They will be called for personal interview through Direct / Video Conferencing. The mode of interview, date and time will be communicated to the eligible candidates individually

How to Apply: Candidates who fulfill the eligibility criteria can apply online for the Chief Risk Officer position and other posts through the official website of Tamilnad Mercantile Bank @ www.tmbnet.in. The online application link will be active from 31st July 2023 to 13th August 2023.

Here are the steps to apply online:

  1. Visit the official website of TMB @ www.tmbnet.in.
  2. Navigate to the “Career” section or “Recruitment” section.
  3. Click on the link for “Chief Risk Officer Online Application 2023” or the relevant job application link.
  4. Fill in the required details accurately and upload the necessary documents as per the instructions provided.
  5. Pay the application fee, if applicable, as mentioned in the notification.
  6. Verify all the information provided and submit the application form.
  7. Take a printout of the submitted application form for future reference.

Important Dates and links: Candidates can access the official website of Tamilnad Mercantile Bank (TMB) @ www.tmbnet.in to find detailed information about the Chief Risk Officer recruitment process, job notification, eligibility criteria, and online application link.

Online Application Start Date: 31st July 2023

Online Application End Date: 13th August 2023

Notification : Click Here

Conclusion: The TMB Chief Risk Officer Recruitment 2023 presents a golden opportunity for experienced professionals in the banking sector to take on a challenging role in risk management. Interested and eligible candidates must apply online before the closing date and follow the specified guidelines to ensure a successful application process. The selected Chief Risk Officer will contribute significantly to the bank’s risk management strategies and play a crucial role in maintaining the financial stability and growth of Tamilnad Mercantile Bank.

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