Tamilnad Mercantile Bank Ltd Invites Application for Chief Risk Officer, Deputy General Manager, More Recruitment 2022

Vacancy Circular No:

Tamilnad Mercantile Bank limited (TMB)
invites applications for recruitment of Chief Risk Officer, Deputy General Manager, More

Chief Risk Officer, Deputy General Manager, More

Number of Vacancy: 3 Posts

Educational Qualification: N/A

Tamilnad Mercantile Bank Ltd., one of the leading old Private Sector Banks in India invites e-application for the following posts. Please read all the details, information and instructions carefully.

1. Position: General Manager / Deputy General Manager (Credit)

2. Eligibility:

a) General Manager DGMs / GMs in Public / Private Sector scheduled commercial banks with experience in Credit at least for a period of 3 years in the cadre.

b) Deputy General Manager AGMs / DGMs in Public / Private Sector scheduled commercial banks with experience in Priority sector Credit at least for a period of 3 years in the cadre.

3. Experience: Candidate should have exposure to handling credit at Regional, Zonal and Head Office level and knowledge of all types of credit proposals including corporate credit, export credit, retail credit, agriculture and MSME etc., at least for a period of 10 years.

4. Roles & Responsibilities: To extend quality support to the Region-assisting the Regions in approaching, evaluating and on boarding as well as control functions relating to credit. Analysis and review the performance of the branches in credit against budgeted levels and implementation of corrective action plans. Attention to high value proposals and maintenance of information system for credit portfolio of the region. Vetting of credit proposals in terms of Bank's internal credit risk policies guidelines and risk analysis.

1. Position: Deputy General Manager (Integrated Treasury)

2. Eligibility: AGM and above in Public/Private Sector scheduled commercial Banks with a minimum of 5 years’ experience in Treasury & Forex.

3. Experience: Should have experience in Money market operations, dealing in GSec to meet SLR obligations as well as Non-SLR securities, Dealing in Forex operations and in Integrated Treasury Operations with a minimum of 5 years’ experience as AGM and above.

4. Roles & Responsibilities: Overseeing the operations of Dealers and ensuring profitable treasury portfolio. Increase in Foreign Exchange turnover and Maximizing the profits. Increase the spread by reducing the cost of foreign currency funds. Deployment of foreign currency Balance effectively. To manage interest rate risk / market risk of the portfolio with appropriate risk management tools.

1. Position: Deputy General Manager – Risk Management (Chief Risk Officer)

2. Eligibility: AGM and above in Public/Private Sector scheduled commercial Banks.

3. Experience: Should have experience in all facets of Risk Management like credit, Market and operational risk including internal Credit Rating, ALM and Basel norms with a minimum of 5 years’ experience as AGM and above.

4. Roles & Responsibilities: 

a) Roles:

1. The position will be reporting directly to MD & CEO.

2. The role of the 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.

3. To design policies and put in place necessary procedures to implement policies.

4. The CRO will have to coordinate with SOC team and CISO.

b) Responsibilities:

1. 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.

2. 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.

3. Identifying material individual, aggregate and emerging risks, assessing these risks and measuring the bank’s exposure to them.

4. 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.

5. 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)

6. Establishing an early warning or trigger system for breaches of the bank’s risk appetite or limits.

7. Influencing and when necessary, challenging material risk decisions.

8. 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.

9. Identify emerging risks like CSE Risk and take appropriate steps.