SIDBI Deputy CRO Recruitment 2025

Vacancy & Pay Scale:

Applications are invited for a total of 02 vacant posts under the following categories:

1. Deputy Chief Risk Officer (Market Risk)

• Vacancy: 1
• Contract Period:
  • Initial: 3 years
  • Extendable: Up to 3 additional years at SIDBI’s discretion.

2. Deputy Chief Risk Officer (Operational Risk)

• Vacancy: 1
• Contract Period:
  • Initial: 3 years
  • Extendable: Up to 3 additional years at SIDBI’s discretion.

Remuneration

• Market-linked CTC (negotiable for the right candidate).
• Annual increments and a performance-linked variable component are included.

Eligibility Criteria:

Educational Qualification:

1. Mandatory:
   • Graduate degree from a recognized institution.
   • Professional certification in Financial Risk Management (FRM) from GARP, or Professional Risk Management (PRM) from PRMIA, or certification in specialized risk areas.
2. Desirable:
   • Knowledge of statistical methods (e.g., forecasting, regression, clustering).
   • Proficiency in Python, Tableau, or R for data modeling and analysis.

Work Experience:

• Mandatory:
  • Minimum 18 years of experience in the banking/financial sector, with 5-7 years in risk management roles.
• Desirable:
  • Specialized experience in market or operational risk management with analytics expertise.

Age Limit (as on December 31, 2024):

• Minimum: 40 years
• Maximum: 57 years

Selection Process:

1. Shortlisting:
   • Based on eligibility and experience.
   • Only shortlisted candidates will be invited for further stages.
2. Interview:
   • Conducted online by a panel of experts.
   • May include psychometric or other suitability tests.
3. Merit List:
   • Based on interview performance.
   • Tiebreaker: Older candidates will be given preference.
4. Waitlist: SIDBI reserves the right to create a waitlist for future requirements.

How to Apply:

1. Application Submission:
   • Fill the application form available on SIDBI’s website.
   • Submit the filled application via email to recruitment@sidbi.in.
   • Subject line: Application for the post of <<Post Code>>, <<Name of the Post>>, <<Candidate Name>>.
2. Required Documents:
   • Proof of identity and address.
   • Certificates for educational qualifications and certifications.
   • Experience certificates specifying relevant roles.
3. Deadline: Applications must be submitted by February 4, 2025.

General Conditions:

• This contractual role does not guarantee permanent employment.
• Appointment is subject to satisfactory background verification and medical fitness.
• SIDBI reserves the right to modify or cancel the recruitment process without prior notice.

Important Dates:

Important Links: