The Punjab & Sind Bank
Sep. 1, 2026

PSB Chief Risk Officer Recruitment 2026 (1 Post)

Chief Risk Officer
Vacancies
1 Vacancy
Pay Scale
As per norms
Age Limit
40-55 years as on 2026-09-01
Job Location

Important Dates

Published

Aug. 31, 2026

2

Starts

Sep. 3, 2026

3

Deadline

Sep. 12, 2026

4

Exam Date

TBA

TP

The Punjab & Sind Bank

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Job Analysis

AI-generated insights

Best-Fit Profile

This role is ideal for highly experienced professionals in risk management, particularly those from Public Sector Banks or regulated lending entities. Candidates should possess a Graduate Degree, coupled with mandatory professional certifications in financial risk management (GARP/PRMIA) or demonstrated experience as a Chief Risk Officer. A strong background of at least 2-5 years in corporate credit and risk management at a senior level (AGM or above) is essential. Preference will be given to those with desirable qualifications like CFA, CA, CMA, or a Postgraduate degree in related financial fields, along with expertise in various risk types and analytics.

Important Considerations

This position is strictly contractual and requires significant prior experience, making it unsuitable for freshers or individuals seeking permanent government employment. Candidates lacking the specified mandatory educational qualifications or professional certifications, or those without the stipulated minimum years of experience in relevant senior risk management roles, should not apply. The role demands specialized expertise, so a general management background without specific risk management focus would be a significant drawback.

Career Impact

The Chief Risk Officer position at Punjab & Sind Bank is a high-prestige, strategic leadership role within a Public Sector Bank. It offers significant influence over the bank's entire risk management framework, covering domestic operations, subsidiaries, and branches. The role involves developing policies, reviewing models, and ensuring compliance with RBI guidelines. While contractual, it provides an excellent platform for seasoned risk professionals to further their career in senior banking management and contribute to a major financial institution's stability and growth.

Note: This is a helpful, AI-generated overview designed to save you time. Always refer to the official PDF notification for complete and final details.

Eligibility Criteria

Educational Qualification

Mandatory Educational Qualifications:
  • A Graduate Degree from a university/institution recognized by the Government of India or its regulatory bodies.
  • Any one of the following professional certifications:
    • Professional certification in financial risk management from the Global Association of Risk Professionals (GARP).
    • Professional Risk Management (PRM) Certification from the PRMIA Institute.
  • Alternatively, at least two years' experience as Chief Risk Officer (CRO) in a regulated lending entity where CRO appointment requires Board approval.
Desirable Educational Qualifications:
  • Chartered Financial Analyst (CFA) charter awarded by the CFA Institute.
  • Chartered Accountant (CA) qualification awarded by the ICAI or equivalent qualification abroad.
  • Cost and Management Accountant (CMA) qualification awarded by the ICAI or equivalent qualification abroad.
  • Postgraduate degree in Finance, Economics, Banking, Risk Management, Business Administration, or a related field.
  • Certification or specialised qualification in treasury risk, credit risk, operational risk, cyber risk, climate risk, data analytics or model-risk management.

Salary & Pay Scale

The compensation and terms & conditions for the Chief Risk Officer position will be negotiated and finalized based on the candidate's suitability.

How to Apply

  • Eligible candidates must apply online through the Bank's official website: https://punjabandsind.bank.in/. No other mode of application will be accepted.
  • Navigate to the 'Recruitment' section on the Home Page and click on the relevant notification.
  • Before applying, candidates should:
    • Scan and upload their photograph and signature as per the guidelines.
    • Scan their Thumb Impression, Handwritten Declaration, educational, experience, reservation certificates, and DOB proof as per eligibility criteria.
    • Ensure they have a valid personal email ID and mobile number, which must remain active throughout the appointment process.
    • Ensure correct spelling of their name, father's/husband's name as per certificates.
    • Only complete applications submitted by the deadline will be entertained. Incomplete or multiple applications (other than the last valid one) will be rejected.
  • Candidates called for interview must produce original documents for verification.
  • Interview venue, time, and date will be communicated via email through call letters.

Application Fee

Category Application Fee
For New Delhi Applicants Rs. 1000/- + Plus GST (Total Rs. 1180/- including CGST and SGST)
For Applicants from outside New Delhi Rs. 1180/- (including IGST)

Application fees must be paid through the ONLINE mode only and are non-refundable. Cash, Demand Drafts, Cheques, Money Orders, or Postal Stamps will not be accepted.

Official Links

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