Job Description

bank of baroda announced job notification for the positions of head – enterprise and operational risk management regular basis / contractual engagement in the department of and in section of , . This job position head – enterprise and operational risk management regular basis / contractual engagement located in mumbai and in state maharashtra. This job position is categorized as '' jobs.

The educational qualifications for this job position head – enterprise and operational risk management regular basis / contractual engagement specified as The candidate must be minimum graduate from a recognized university. Over and above the said qualification, the candidate must possess minimum one of the following qualifications, as well: ? Financial Risk Management (FRM) from Global Association of Risk Professionals (GARP) ? Professional Risk Management (PRM) from Professional Risk Managers’ International Association (PRMIA) ? Graduate in Statistics from a reputed Institute (ISI, IISc, IGIDR, etc.). ? MBA with specialization in Banking and Finance Profile ? Understanding of guidelines of the Reserve Bank of India on Operational Risk related areas ? In depth understanding of Risk Control and Self Assessment Programme, Key Risk Indicators Programme, Issue and Action Plan ? Implementation of qualitative and quantitative requirements of Advanced Approaches of Basel II guidelines, on Operational Risk ? Excellent communication skills (written and verbal) so as to prepare and present notes and presentation to the Top Management, Committees, Board And Regulators ? Understanding of data management, simulation techniques, transformation and aggregation skills. Proficiency with usage of – statistical package (SAS and R are preferred), MS Excel, MS Powerpoint, MS Word ? Building / Understanding / Validation of Value at Risk capital models. Eligibility conditions for job position head – enterprise and operational risk management regular basis / contractual engagement mentioned as and required experience levels for this job position head – enterprise and operational risk management regular basis / contractual engagement are as follows Minimum 7 years of experience of working in a commercial Bank out of which minimum 3 years in operational risk / enterprise risk domain..

The salary or payscale for head – enterprise and operational risk management regular basis / contractual engagement is CTC Offered: The Candidate will be selected on regular basis in the rank of Senior Management Grade / Scale-V. Scales of Pay (as on date) SMG/S-V - ` 59170 X 1650 (2) – 62470 x 1800 (2) - 66070 Emoluments At present, initial CTC at the initial level of Senior Management Grade/Scale V, including DA, Special Allowance, HRA, CCA and all perks and benefits, etc. as admissible as per rules of the Bank, in force from time to time is approximately ` 28,24,000/- per annum, in a Metropolitan Centre. Allowances may vary depending upon the place of posting. In addition, various other benefits like medical insurance coverage, other insurance, concessional staff loans, attractive terminal benefits (on retirement), LTC, Bank residential quarters in lieu of HRA, etc. are admissible. Bank reserves the right to engage the candidate on contract basis if no such suitable candidate is found for selection on a regular basis. In such case, contractual engagement will be for 3 years with yearly performance review. Compensation will not be a limiting factor for the right candidate and will be discussed on a case to case basis..

The total number of vacancies or positions are 1. Out of which for General/Un-Reserved/OC (Other Castes) vacancies are 0. For OBC (Other Backward Classes) total positions reserved are 0. For SC (Scheduled Castes) category job positions reserved are 0 and for ST (Scheduled Tribes) category job positions reserved are 0. For all other categories of reservations total positions alloted are .

The minimum and maximum age limits to apply for job head – enterprise and operational risk management regular basis / contractual engagement is minimum age limit is 0 and maximum age limit is 0.

The more and other important information related to this job specified as Role & Responsibilities The Head-Enterprise and Operational Risk Management reporting to Head-Risk Management cum Group Chief Risk Officer of the Bank will be responsible for: ? Implementing the Operational Risk Management Policy of the Bank so as to align it with the best International Risk Management practices. ? Challenge the business processes so as to identify related risks and put optimum controls. Formulate and implement Risk Control and Self Assessment Program and Key Risk Indicator Program with an objective to reduce the Bank’s exposure to operational risk losses. ? Build capital allocation model in SAS Operational Risk, as per AMA of Basel guidelines. ? Put a framework for collating data, measuring and reporting enterprise risk of the Bank on an ongoing basis. ? Motivate and train the Operational Risk Management team ? Implement the guidance and expectation of the Top Management and Regulator

Important dates to be remembered related to this notification are as follows.
Date of Issue of Notificaition : . Applications will be issued from date and last date to submit applications is . The admit cards will be issued from to . The Priliminary Examinations will start from and will lasts upto date of . The Preliminary Examinations Results will be announced on date . The Main Examinations will start from date and will ends on . The answer keys for mains examinations will be announced on . The results for Main Examinations will be declared or announced on date . Job Interviews for this job positions head – enterprise and operational risk management regular basis / contractual engagement will be held from date and will ends on date . The final results or shortlisted persons for this job head – enterprise and operational risk management regular basis / contractual engagement will be announced on .

This notification issued by which is located in city and in state .

For More Details related to this Notificaition, for Complete Job Details and for complete Notificaition, Please visit the official website of organization .

Voila!!! Happy Jobing.. :)



Job Organization / Department

  • bank of baroda

Job Positions

  • head – enterprise and operational risk management regular basis / contractual engagement

Job Educational Qualifications

  • the candidate must be minimum graduate from a recognized university. over and above the said qualification, the candidate must possess minimum one of the following qualifications, as well: ? financial risk management (frm) from global association of risk professionals (garp) ? professional risk management (prm) from professional risk managers’ international association (prmia) ? graduate in statistics from a reputed institute (isi, iisc, igidr, etc.). ? mba with specialization in banking and finance profile ?
  • understanding of guidelines of the reserve bank of india on operational risk related areas ? in depth understanding of risk control and self assessment programme, key risk indicators programme, issue and action plan ? implementation of qualitative and quantitative requirements of advanced approaches of basel ii guidelines, on operational risk ? excellent communication skills (written and verbal) so as to prepare and present notes and presentation to the top management, committees, board and regulators ? understanding of data management, simulation techniques, transformation and aggregation skills.
  • proficiency with usage of – statistical package (sas and r are preferred), ms excel, ms powerpoint, ms word ? building / understanding / validation of value at risk capital models

Job Eligibility Details


Job Experience Requirements

  • minimum 7 years of experience of working in a commercial bank out of which minimum 3 years in operational risk / enterprise risk domain.

Job City, State

  • mumbai, maharashtra

Job Total Vacancies

  • 1

Job Reservation Details

  • General / Un-Reserved : 0
  • OBC : 0
  • SC : 0
  • ST : 0
  • Others :

Job Payscale / Salary

  • CTC Offered: The Candidate will be selected on regular basis in the rank of Senior Management Grade / Scale-V. Scales of Pay (as on date) SMG/S-V - ` 59170 X 1650 (2) – 62470 x 1800 (2) - 66070 Emoluments At present, initial CTC at the initial level of Senior Management Grade/Scale V, including DA, Special Allowance, HRA, CCA and all perks and benefits, etc. as admissible as per rules of the Bank, in force from time to time is approximately ` 28,24,000/- per annum, in a Metropolitan Centre. Allowances may vary depending upon the place of posting. In addition, various other benefits like medical insurance coverage, other insurance, concessional staff loans, attractive terminal benefits (on retirement), LTC, Bank residential quarters in lieu of HRA, etc. are admissible. Bank reserves the right to engage the candidate on contract basis if no such suitable candidate is found for selection on a regular basis. In such case, contractual engagement will be for 3 years with yearly performance review. Compensation will not be a limiting factor for the right candidate and will be discussed on a case to case basis.

Job Age Details

  • Minimum Age : 0
  • Maximum Age : 0

Job More Information

  • role & responsibilities the head-enterprise and operational risk management reporting to head-risk management cum group chief risk officer of the bank will be responsible for: ? implementing the operational risk management policy of the bank so as to align it with the best international risk management practices. ? challenge the business processes so as to identify related risks and put optimum controls.
  • formulate and implement risk control and self assessment program and key risk indicator program with an objective to reduce the bank’s exposure to operational risk losses. ? build capital allocation model in sas operational risk, as per ama of basel guidelines. ? put a framework for collating data, measuring and reporting enterprise risk of the bank on an ongoing basis. ? motivate and train the operational risk management team ? implement the guidance and expectation of the top management and regulator

Important Dates

Start Date End Date
Applications 26-May-2017

Notification Issued By

  • Organization :
  • Organization City, State :
  • Organization Website :

 

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