Chief Risk Officer (CRO)

Bassein Catholic Co-operative Bank Ltd. is a leading Scheduled Co-operative Bank holding AD-1 License for Forex Business, with 64 Branches located in Palghar, Mumbai, Navi Mumbai, Ahmednagar, Nashik, Pune and a total Business Mix of around 12000 Crores. The organization values the quality and efforts of its employees, recognizing that the success of the Bank is a result of the exceptional caliber of its people. With a commitment to hiring, developing, motivating, and retaining top talent in the industry, the Bank aims to continue its legacy of over 100 years with a team of talented individuals. We are currently seeking a Chief Risk Officer (CRO) to join our team at the Head Office in Vasai West. As the Chief Risk Officer, you will play a pivotal role in driving the risk function of the bank. Your responsibilities will include creating, designing, and implementing a robust risk function that aligns with the strategic objectives of the Bank. You will be tasked with setting the vision and strategy for the enterprise risk function in collaboration with the Top Management and Business Heads of the Bank. The ideal candidate for this position should be above 40 years of age and possess a minimum of 15 years of experience in Banking/NBFC, managing a business portfolio of Rs. 8000 crores and above. Additionally, you should have at least 5 years of experience in senior/top management roles and 5 years of experience in the Risk Department focusing on model development and implementation. In terms of qualifications, a Graduate or Post Graduate degree along with JAIIB/CAIIB certification is required. Professional certifications in CRM, Certified Risk Professional, FRM, or CFA will be given preference. Key skills that are essential for this role include a comprehensive understanding of market risk, liquidity management, and operational risk, with exposure to analytics considered a valuable asset. Strong communication skills, financial acumen, in-depth regulatory knowledge, problem-solving abilities, as well as effective people management and leadership skills are also crucial for success in this position.,