Bank Name : Tamilnad Mercantile Bank
Job Title : Chief Risk Officer
Job Detail :
Tamilnad Mercantile Bank Ltd., one of the leading old Private Sector Banks, on a high growth path invites applications from dynamic and result oriented individuals for the following post. Please read all the details, information and instructions carefully.
Opening date for registering Online e-application : 03.04.2024
Closing date for registering Online e-application : 20.04.2024
How To Apply :
Candidates are requested to apply only ON-LINE through TMB’s website www.tmbnet.in/tmb_careers/. No other mode of submission of application will be accepted by the Bank.
Qualification :
Graduate Degree with Professional Certification in Financial Risk Management from Global Association of Risk Professionals
Roles :
- The position will be reporting directly to MD & CEO.
- The role of the Chief Risk Officer is to focus on creating, designing and implementing
- a risk management function that supports the strategic goals of the Bank and sets
- long term capital vision in tune with the regulatory capital requirements.
- To design policies and put in place necessary procedures to implement policies.
- The CRO will have to coordinate with SOC team and CISO.
Responsibilities :
- Designing, implementation and management of all aspects of the risk function,including implementation of processes, tools and systems to identify, assess,measure, manage, monitor, mitigate and report risks.
- Development and management of processes to identify and evaluate various risks,Risk and Control Self-Assessments (RCSA) and identify practical solutions to overcome the identified risks.
- Identifying material individual, aggregate and emerging risks, assessing these risks and measuring the bank’s exposure to them.
- Supporting the Board in its implementation, review and approval of the enterprisewide risk governance framework which includes the bank’s risk culture, risk appetite and risk limits.
- Ongoing monitoring of the risk-taking activities and risk exposures to ensure they are in line with the Board approved risk appetite, risk limits and corresponding capital or liquidity needs (i.e. capital planning)
- Establishing an early warning or trigger system for breaches of the bank’s risk appetite or limits.
- Influencing and when necessary, challenging material risk decisions.
- Reporting to senior management and the Board or risk committee, as appropriate, on all these items, including but not limited to proposing appropriate risk-mitigating actions.
- Identify emerging risks like CSE Risk and take appropriate steps.
Procedure of Selection :
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.
Application Fee : Nil
General Conditions :
The following enclosures to be uploaded along with the e-application
• Self-attested photo copy of SSLC or Higher Secondary Mark Sheet/Transfer Certificate
for age proof.
• Self-attested photo copy of Degree Certificate.
• Experience certificate/s and Relieving Letter.
• Last Month Salary Slip
Candidates are advised to adhere to the eligibility conditions given strictly. Any information
found to be wrong or any candidate found ineligible at any stage of the process or later will
result in disqualification of the candidate.
About Us :
The history of Tamilnad Mercantile Bank Ltd., the then Nadar Bank Ltd., dates back to 1921. The thought of establishing a bank under the guidance of the able Nadar business community was mooted out in the Anniversary of Nadar Mahajana Sangam held at Tuticorin in 1920. The proposal was effected soon. The bank was registered on May 11, 1921 as “The Nadar Bank Ltd”.A group of dedicated men with shrewd acumen and sound integrity had been constituted as Board of Directors and they elected Shri M.V. Shanmugavel Nadar as Chairman on Nov 04, 1921. The bank was opened by Shri T.V. Balagurusamy Nadar, the then President of the Nadar Mahajana Sangam and the bank threw open its door to the public on Nov 11, 1921 at 9am in Ana Mavanna Building at South Raja Street, Tuticorin.