The Small Industries Development Bank of India (SIDBI) has announced an exciting opportunity for eligible candidates by inviting applications for the post of Deputy Chief Risk Officer (DCRO) on a contractual and full-time basis. This article covers all essential details, including eligibility, application process, important dates, and FAQs to help you apply seamlessly.
| Key Highlights | Details |
| Name of Post | Deputy Chief Risk Officer (DCRO) |
| Total Vacancies | 02 |
| Employment Type | Contractual (Full-Time) |
| Application Start Date | 22nd January 2025 |
| Last Date to Apply | To be announced (refer to official notification) |
| Selection Process | Interview/Group Discussion |
| Official Website | www.sidbi.in |
About SIDBI
The Small Industries Development Bank of India (SIDBI) plays a crucial role in the growth and development of micro, small, and medium enterprises (MSMEs) in India. As part of its commitment to strong governance and financial stability, SIDBI has introduced the position of Deputy Chief Risk Officer to ensure efficient risk management within the organization.
Vacancy Details
SIDBI is offering two vacancies for the position of Deputy Chief Risk Officer. The post is contractual in nature and offers a significant opportunity to work with one of India’s premier financial institutions.
| Position | Number of Vacancies | Nature of Employment |
| Deputy Chief Risk Officer | 02 | Contractual (Full-Time) |
Eligibility Criteria
1. Educational Qualification
- Essential Qualification:
Candidates must have a Postgraduate degree in a relevant field such as:- Risk Management
- Finance
- Statistics
- Economics
OR
Possess CA/ICWA/MBA or an equivalent qualification from a recognized institution.
- Desirable Certification:
Certifications like Financial Risk Manager (FRM) or Professional Risk Manager (PRM) are highly desirable.
2. Experience
- Minimum 15 years of experience in financial services, risk management, or a related domain.
- Candidates should have a proven track record of managing risk in a leadership capacity within a banking or financial institution.
3. Age Limit
- The maximun age limit for applicants is 55 years.
- As per rules age relaxation will be given
Key Responsibilities
- Risk Assessment: Analyze, identify, and mitigate potential financial risks.
- Policy Formulation: Develop and implement risk management policies in line with SIDBI’s objectives.
- Compliance Management: Ensure adherence to regulatory guidelines and standards.
- Team Collaboration: Work closely with other departments to establish a comprehensive risk management framework.
Application Process
Candidates can follow these simple steps to apply for the SIDBI Deputy Chief Risk Officer post:
| Steps | Instructions |
| Step 1: Registration | Visit the official SIDBI website at www.sidbi.in and register yourself. |
| Step 2: Application | Fill in the online application form with accurate details. |
| Step 3: Upload Documents | Upload necessary documents such as academic certificates, work experience proofs, and a passport-sized photo. |
| Step 4: Submit Fee | Pay the application fee (if applicable) through online payment methods. |
| Step 5: Final Submission | Review the form carefully before submitting it online. |
Selection Process
The recruitment process for the Deputy Chief Risk Officer consists of the following stages:
- Shortlisting of Applications: Candidates will be shortlisted based on their qualifications and experience.
- Interview/Group Discussion: Shortlisted candidates will be called for an interview or group discussion.
- Final Selection: Final selection will be based on the candidate’s performance in the interview and overall suitability for the role.
Pay Scale
The compensation package for the Deputy Chief Risk Officer post will be commensurate with the candidate’s qualifications, experience, and the industry standards.
Important Dates
Keep the following dates in mind:
| Event | Date |
| Notification Release Date | 22nd January 2025 |
| Application Start Date | 22nd January 2025 |
| Last Date to Apply | To be announced |
| Interview Dates | Will be notified later |
Why Apply for SIDBI DCRO?
- Professional Growth: Work with a leading financial institution.
- Challenging Role: Take on critical responsibilities in risk management.
- Prestige: Be part of SIDBI’s mission to empower MSMEs in India.
The last date to apply will be announced shortly. Candidates are advised to regularly check the official website for updates.
Conclusion
The SIDBI Deputy Chief Risk Officer recruitment offers a fantastic opportunity for experienced professionals in the financial services sector to contribute to the growth of a prominent institution. If you meet the eligibility criteria, don’t miss the chance to apply. Stay updated with the latest information by visiting the official website.