Job Description
bank of baroda announced job notification for the positions of head – credit risk (retail credit) regular basis / contractual engagement in the department of and in section of , . This job position head – credit risk (retail credit) 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 – credit risk (retail credit) 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. Eligibility conditions for job position head – credit risk (retail credit) regular basis / contractual engagement mentioned as and required experience levels for this job position head – credit risk (retail credit) regular basis / contractual engagement are as follows ? Minimum 10 years of experience of working in a banking / financial institution out of which minimum 5 years in development and maintenance of retail credit risk model and related analytics..
The salary or payscale for head – credit risk (retail credit) 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 – credit risk (retail credit) 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- Credit Risk (Retail Credit) reporting to Head-Risk Management cum Group Chief Risk Officer of the Bank will be responsible for: ? Implementing the Credit Risk Management Policy of the Bank for IRB Retail Credit portfolio so as to align it with the best International Risk Management practices. ? Putting quality IRB analytical architecture for retail credit as per Credit Risk Management Policy of the Bank ? Governance of retail credit risk models ? Building, maintaining and reporting of retail credit pooling models and computing PD, LGD and EAD for different pool types ? Satisfying regulator(s) on IRB requirements relating to retail credit exposure of the Bank Profile ? Understanding and experience of Statistical Concepts (various types of regression, classification, clustering etc) related to credit risk models ? Having knowledge in the areas of ICAAP and stress testing ? Implementation of qualitative and quantitative requirements of Advanced Approaches of Basel II guidelines, on Credit Risk Model governance. ? Having understanding of modeling of PD, LGD, EAD as per Basel II credit risk guidelines ? Skill and knowledge of data management (cleaning, transformation, tabulation, aggregation etc.) of data for statistical analysis
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 – credit risk (retail credit) regular basis / contractual engagement will be held from date and will ends on date . The final results or shortlisted persons for this job head – credit risk (retail credit) 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 – credit risk (retail credit) 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
Job Eligibility Details
Job Experience Requirements
- ? minimum 10 years of experience of working in a banking / financial institution out of which minimum 5 years in development and maintenance of retail credit risk model and related analytics.
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- credit risk (retail credit) reporting to head-risk management cum group chief risk officer of the bank will be responsible for: ? implementing the credit risk management policy of the bank for irb retail credit portfolio so as to align it with the best international risk management practices. ? putting quality irb analytical architecture for retail credit as per credit risk management policy of the bank ? governance of retail credit risk models ? building, maintaining and reporting of retail credit pooling models and computing pd, lgd and ead for different pool types ? satisfying regulator(s) on irb requirements relating to retail credit exposure of the bank profile ?
- understanding and experience of statistical concepts (various types of regression, classification, clustering etc) related to credit risk models ? having knowledge in the areas of icaap and stress testing ? implementation of qualitative and quantitative requirements of advanced approaches of basel ii guidelines, on credit risk model governance. ? having understanding of modeling of pd, lgd, ead as per basel ii credit risk guidelines ? skill and knowledge of data management (cleaning, transformation, tabulation, aggregation etc.) of data for statistical analysis
Important Dates
Start Date | End Date | |
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Applications | 26-May-2017 |
Notification Issued By
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