Central Bank of India Recruitment 2020

Central Bank of India Recruitment 2020

Updated 15th Feb 2020

Recruitment/ Engagement of Director for RSETIs (Rural Self Employment Training Institutes) & Incharge/ Counselor for FLCCs (Financial Literacy & Credit Counseling Centres) on Contract basis for the year 2020.

Central Bank of India Recruitment of Director RSETI.Betul/Hoshangabad /FLCC Counselor at Betul

Important Dates

Last date for receipt of application is 29th Feb 2020

RSETI Vacancies 2020

No of Vacancies: 01

Eligibility Criteria

Age

Less than 65 years with sound Health

Educational Qualification

Essential:
(i) Graduate / Post Graduate degree from a UGC recognized University.

Desirable:
Officers with rural development background i.e. Agriculture Finance Officer / Rural Development Officer / Agriculture Officers converted to Mainstream of banking / Lead District Managers and Faculty leaders / Faculty members of Training Centres / Colleges with specialization in Rural Development etc. shall be preferred.

Experience / Other eligibility criteria

Essential:

(i) Candidate should have retired on VRS or on attaining superannuation with minimum 20 years of service of which at least 15 years in Officer Cadre.

(ii) He should have worked as Branch Manager in any scale in a rural branch for at least 3 years OR as AFO (Agriculture Finance Officer) in a Rural Branch for a period of 3 years.

(iii) He should have unblemished record and possess satisfactory service certificate from the previous employer.

(iv) Should be well conversant with local language.

(v) Should have retired from Scale-III or above for RSETIs & Scale-II & above for FLCs.
(vi) Should be resident of the same State, preferably same or nearby district.

 

CONTRACT PERIOD, AMOUNT AND OTHER TRAVELLING EXPENSES:

The candidate shall be appointed on Contract basis for a period of one year. Renewal may be possible at Bank’s sole discretion in terms of extant policies and rules.

Following conditions to be incorporated while issuing the Renewal of Contract letter to the member concerned.

(a) To submit Performance Appraisal to Regional Manager concerned one month in advance of expiry of contract
(b) Subject to Performance under other various parameters as per Bank’s Performance Appraisal, the renewal of contract which will be sole prerogative of Bank shall be considered keeping in view the grading of minimum “B” of RSETI Centre, as per parameter prescribed by Govt. of India.

CONTRACT AMOUNT AND OTHER TRAVELLING EXPENSES:

The contract amount shall be paid an amount equivalent to last pay & allowances drawn less the initial amount of Pension fixed before commutation plus relief etc. payable thereon or Rs. 25,000/- p.m. whichever is lower Further a lump sum amount of Rs. 5000/- p.m. shall be paid towards Mobile, Conveyance etc. However, the condition of “Last Pay & Allowance drawn by the Officer less the initial amount of pension fixed before commutation plus relief etc.” will be applicable only to the pension co-optee retired bank official of a Nationalized Bank and in case of non-pensioner, the candidate will be eligible only for Rs. 25,000/- p.m. together with lump sum amount of Rs. 5000/- towards Mobile, Conveyance etc. Please note that no other benefits or charges shall accrue or be payable.

Reimbursement of TA/ DA for traveling as per requirement of the post shall be made as per the scale / grade in which he was working at the time of his superannuation.

No other allowances/ reimbursement of expenses will be admissible.

Leave

The candidates shall be entitled for 15 days leave per year with maximum of 02 days per month.

Job Profile

These officers shall be working as “Director-RSETI/ Counselor-FLCCs” and have to oversee the overall functioning of RSETI/FLCC.

Selection Procedure

The eligible candidates will be called for personal interview and the decision of the Bank in this regard shall be final.

How to Apply?

Eligible candidates have to submit their applications in the given format (Annexure-A). Last date for receipt of application is 29/02/2020 No applications shall be entertained beyond the stipulated date. Incomplete applications will be rejected.

Address the application, Superscribing “Application for the post of Recruitment as Director of RSETI/Counselor of FLCC on contract” to Betul /hoshangabad, Central Bank of India, Zonal Office Bhopal/ Regional Office address, Mangalwara Hoshangabad.

Further, it is informed that One Letter Box will be kept at Office, Central Bank of India, RO Hoshangabad ,where the applications may be dropped.

Application Fee

There is no application fee prescribed.

Download Application

General Instructions

(a) While applying for the post, the applicant should ensure that he/ she fulfills the eligibility and other norms mentioned above and that the particulars furnished are correct in all respects. In case it is detected at any stage of recruitment that a candidate does not fulfill the eligibility norms and/ or that he/ she has furnished any incorrect/ false information or has suppressed any material fact (s), his/ her candidature will automatically stand cancelled. If any of the above shortcoming(s) is/ are detected even after appointment, his/ her contractual appointment is liable to be terminated without any notice.

(b) In case of suitable and deserving cases, any of the requirements and conditions of eligibility mentioned above, may be relaxed at the discretion of the Management. The Management reserves the right to fill or not to fill the above advertised position without assigning any reason thereof.

(c) Mere admission of application against the advertisement and apparently fulfilling the criteria as prescribed in the advertisement would not bestow on him/ her right to be called for interview.

 

Download Central Bank of India Official Notification

 


Updated 8th Feb 2020

Central Bank of India Recruitment 2020 for the post of Chief Technical Officer and Chief Risk Officer starts from 27th Jan 2020. Central Bank of India invites applications from eligible candidates.The last date to receive your applications is 15th Feb 2020.

Central Bank of India is a leading Public Sector Bank, with Pan India Branch Network of more than 4300 branches.It has total business of more than 4,00,000 crores driven by talented work force of 37000 + employees.Central Bank invites applications from eligible candidates for Chief Technical Officer & Chief Risk Officer. There are 2 openings in Bank- one for chief technical officer and  one for chief risk officer.

Central Bank of India Recruitment 2020 of Chief Technical Officer

Post Details

Name of Post: Chief Technical Officer
Nature of Engagement: Contractual (5 years, with no further extension)
Grade: Equivalent to GM(TEGS) Post
Vacancy: 1
Min.-Max. Age (as on 31.12.2019): 45-58 years
Selection process: Interview
Place of Posting: Mumbai

Eligibility Criteria

Educational Qualification:

Engineering Graduate (BE/B. Tech) in Computer Science / Information Systems/other related fields or MCA or equivalent qualification from a recognized university
or
M.Sc in Computer Science / IT from a recognized university

Experience (as on 31.12.2019):

Minimum 15 years experience in IT field.

  • Out of the above 15 years, a minimum of 5 years must be in Senior executive level i.e Deputy General Manager/ General Manager in banking and financial sector.
  • First hand knowledge in supervising development of software solutions
  • Adequate exposure to handle Digital banking.
  • Involved in formulating IT Policy and Planning /Financial Networks/ Cyber Security Technology.

Nature of Engagement/ Likely Place of Posting:

On contractual basis for a fixed term of 05 years, The place of posting will be DIT, Central Office, Mumbai

CTC:

Negotiable as per market rate. Compensation shall not be a limiting factor for the right candidate and will be on case to case basis

Perks:

Travelling and Diem Allowance at par with the entitlement of General Manager of Bank in case of travel outside the headquarters for official purpose.

Leave:

12 days CL and 15 days PL per year out of which not more than 4 days leave can be availed at one time with prior approval / intimation.

Roles & Responsibilities

Roles:

Oversee the development of enterprise technology standards, governance processes and performance metrics to ensure that IT delivers value to the organization.
Providing IT vision for the Bank, developing the long term IT strategy, Leading IT transformation projects and ensuring timely completion and implementation

Responsibilities:

  • Creating of Technology vision, architecture roadmap
  • Adopt latest cost effective technology initiatives
  • Conceptualize and execute strategic planning of IT facilities
  • Drive specific initiatives to create a flexible IT architecture
  • Keeping IT environment secure as per bank’s IT Policies
  • Providing in depth technical expertise to top management
  • Overall IT Department Administration

Key Performance Areas:

  • Tech Strategy
  • Monitor technological , social and scientific trends
  • Identify opportunities and risks from IT prospective on state of art technology basis
  • IT governance
  • Innovation and development of technology and IT assets
  • Communicate Bank’s strategy to the vendors
  • Quality management
  • Manage key outsourcing relationship

Tech Policy

  • Develop and maintain overall framework of IT policies, standards and strategies and ensure implementation of the same
  • Leading IT transformation projects in consultation with Business users of the Bank
  • Developing long term plans to sustain and support the business
  • Lead strategic insight and overview of business case

Tech Architecture

  • Designing of overall architecture including software, modules and components
  • Designing of Database along with allied components
  • Building of development roadmap
  • Exploring new tools and technologies to improve development efficiency

Vendor Management

  • Maintain relationships with the Bank’s venders who support various IT applications.
  • Enhance the level of monitoring mechanisms for these venders’ performance and delivery standards.
  • Negotiate contracts with vendors and manage costs and schedule of deliverables.
  • Work with multi department and multi-vendor situations.
  • Release payment to vendors within General Manager’s non lending powers
  • Compliance
  • Ensure implementation of proper standards for governance as well as regulatory compliance in accordance with IT strategy committee and other committees of the Board
  • Be responsible for IT security management and compliance with Information Security as well as regulatory prescriptions.
  • Be responsible for placing OMs /notes to various committees of the Board and to Board with due recommendation

Provide Expertise

  • Provide industry expertise in all aspects of the Bank’s IT needs.
  • Track a broad range of emerging technologies to determine their maturity and applicability to the Bank.
  • Map current and future security standards
  • Develop standards and benchmarking for IT security being used in the Bank.
  • Evaluate the cost efficiency of emerging security related technologies and assess their applicability to current needs of the Bank.

Central Bank of India Recruitment 2020 of Chief Risk Officer

Post Details

Name of Post: Chief Risk Officer
Nature of Engagement:Contractual (3 years).Extendable by another 1+1 year at a time, subject to satisfactory performance.
Grade: Equivalent to GM(TEGS) Post
Vacancy: 1
Min.-Max. Age (as on 31.12.2019): 45-58 years
Selection process: Interview
Place of Posting: Mumbai

Eligibility Criteria

Educational Qualification:

Graduate Degree with professional certification in Financial Risk Management from Global Association of Risk professionals or Professional Risk Management Certification from PRMIA Institute

Desirable additional Qualification:

Holder of Chartered Financial Analyst awarded by CFA Institute or a designated Chartered Accountant by the Institute of Chartered Accountant of India or equivalent abroad or designated as a Cost and Management Accountant by the Institute of Cost Accountant of India or equivalent abroad

Experience (as on 31.12.2019):

  • Mandatory experience: Five years experience in corporate and risk management at the level of Assistant General Manager or above in one of the PSBs or having similar role and responsibilities in one or more regulated lending entity with minimum experience of one year in corporate credit and one year in risk management:
  • Desirable additional Experience: Good understanding of market risk and / or liquidity management and /or operational risk, with exposure to analytics

Nature of Engagement/ Likely Place of Posting:

On contractual basis for a fixed term of 03 years, extendable by one year at a time, subject to a maximum term of 05 years. The place of posting will be Central Office, Mumbai

CTC:

Negotiable as per market rate. Compensation shall not be a limiting factor for the right candidate and will be on case to case basis

Perks:

Travelling and Diem Allowance at par with the entitlement of General Manager of Bank in case of travel outside the headquarters for official purpose.

Leave:

12 days CL and 15 days PL per year out of which not more than 4 days leave can be availed at one time with prior approval / intimation.

Roles & Responsibilituies:

1. Lead the integrated Risk Management (IRM) initiatives at the Bank
2. Actively participate in the executive level RMC and provide inputs on the developments, initiatives taken under each risk stream
3. Serve as a link with higher authorities for Risk Management Purpose between the Board level RMC and executive level RMC for policy, procedures and framework signoff, and Board for final approval.
4. Advisor to Top management by offering broad insights and expertise.
5. The CRO is to set capital limits for industry, segment, single loan as a percentage of capital, set up loss limits for NPA, credit cost and set limits on the basis of capital available and not growth.
6. Allocate capital based on risk – risk based LCR impact on the loan/credit facility, identifying the expected credit loss provisions.
7. Ascertain risk adjustment to yields on Treasury income and assessing of profitability net of risk.
8. Formulate stress testing portfolio to adjust capital allocations, connected lending, EWS to factor results of stress testing.
9. Standardise risk vocabulary to identify common risks
10. Identify common casual factors to remediate risks across processes and assess combined impact risk (Risk of unauthorised activity across functions improper reconciliation between systems.
11. Implement process to identify new risks through market research to test feasibility for new product launch and undertake rigorous testing before signoff on implementation of a system.
12. Simulate crisis scenario to test BCP for IT and beyond, and also define crisis management response plan.
13. Approve reports of capital adequacy return and present to executive level RMC.
14. Approve vendor evaluation for model validation , data warehousing, loss database, capital calculation and presenting the reports to higher Committees and obtaining final sign off from the Board level RMC and the Board
15. Review performances of credit assessment models and presenting the reports to RMC
16. Review and approv all reports presented by specific risk teams (such as credit, market, operation and ERM cell) from time to time
17. Liaison with RMCs to coordinate flow of information and escalate risks to next level on immediate basis.
18. Be responsible for placing OMs /notes to various committees of the Board and to Board with due recommendation
19. Release payment to vendors within General Manager’s non lending powers20. Organise the executive Risk Management Committee meeting i.e CRMC, ALCO, ORCO etc.
21. All other roles and responsibilities as prescribed by Reserve Bank of India from time to time.

Other Eligibility Criteria:

i. NATIONALITY/ CITIZENSHIP:
A candidate must be either
i) a Citizen of India or
ii) a subject of Nepal or
iii) a subject of Bhutan or
iv) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India or
v) A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a person in whose favor a certificate of eligibility has been issued by the Government of India.

Important Dates for CTO/CRO

ParticularsStart DateLast Date
Application submission (in Hardcopy)27th Jan 202015th Feb 2020
Payment of Fees27th Jan 202015th Feb 2020

Selection Procedure

The eligible candidates will be called for personal interaction and the decision of the Bank in this regard shall be final.

GENERAL INSTRUCTIONS

a. Not more than one application should be submitted by any candidate. Multiple Applications/Registrations will be summarily rejected and the application fee forfeited.
b. Before applying, the candidate should ensure that he/she fulfils the eligibility and other norms mentioned in this advertisement. Applications, once submitted, will not be allowed to be withdrawn and the application fee/intimation charges once paid, shall neither be refunded nor be held in reserve for any other examination. The Bank would be free to reject any application, at any stage of the Recruitment Process, if the candidate is found ineligible for the post, for which he/she has applied. The decision of the Bank regarding eligibility of the candidates, the stage at which scrutiny of eligibility is to be undertaken, qualifications, other eligibility norms, the documents to be produced. and any other matter relating to
recruitment will be final and binding on the candidate. No correspondence or personal enquiries shall be
entertained by the Bank in this behalf. If any shortcoming(s) is/are detected even after appointment, his/her services are liable to be terminated.
c. A recent, recognizable color passport size photograph, which should be the same as the one pasted on application form, should be firmly pasted on the interview call letter and duly signed across by the candidate. Candidates are advised not to change their appearance till the recruitment process is complete. Failure to produce the same photograph at the time of the online test/interview may lead to disqualification. A candidate should ensure that the signatures appended by him/her in all the places viz. in his/her call letter, attendance sheet etc. and in all correspondences with the Bank in future should be identical and there should be no variation of any kind.
d. Candidates serving in Govt./quasi-Govt./Public Sector Undertakings (including nationalized banks and financial institutions) will be required to produce a “No Objection Certificate” from their employer at the time of interview, in the absence of which, their candidature may not be considered.
e. All candidates will have to produce, if called for interview, originals as well as self-attested photocopies of their educational/experience certificates as well as caste certificate, certificate of disability in the pro-forma prescribed by Govt. of India or any other certificate required, in the prescribed pro-forma in support of their eligibility, failing which their candidature will be cancelled.
f. No Travelling Allowance is payable to candidates who are called for interview,
g. The Bank takes no responsibility for any delay in /non-receipt or loss of any communication
h. Any resulting dispute arising out of and/or pertaining to the process of recruitment under this advertisement shall be subject to the sole jurisdiction of the Courts situated at Mumbai.
i. Request for change of contact no./address/ email ID/interview centre will not be entertained.
j. In case any dispute arises on account of interpretation of version other than English, English version will prevail.
k. Appointment of selected candidates is subject to their being declared medically fit as per the requirements of the Bank. Such appointment will also be subject to the Service, Conduct Rules & Policies of the Bank.

 ACTION AGAINST CANDIDATES FOUND GUILTY OF MISCONDUCT

a. Candidates are advised in their own interest that they should not furnish any particulars that are false, tampered, fabricated or should not suppress any material information while filling up the application form.
b. At the time of interview, if a candidate is/has been found guilty of:

  • misbehaving in the interview hall
  • resorting to any irregular or improper means in connection with his/her
  • candidature for selection or obtaining support for his/her candidature by any
  • means, such a candidate may in addition to rendering himself/herself liable to criminal prosecution, be liable:
  • to be disqualified from the process for which he/she is a candidate
  • to be debarred, either permanently or for a specified period, from any examination or recruitment conducted by the Bank

How to Apply for CTO/ CRO?

a. Application fee

Application fee to be remitted by the applicants along with the Application for Recruitment is as under (GST @ 18% application fee):

Sr. NoCategoryApplication feeIntimation ChargesTotal
1All CandidatesRs. 950+171 (GST)Rs. 50+9 (GST)Rs.1180/-

b. Submission of application

Applicants have to submit their applications in the given format (ANNEXURE – A)
Last date for submission of application is 15.02.2020. No application shall be entitled beyond the stipulated date. Incomplete applications will be rejected.

Address the application, Superscribing “Application for the post of____________ (Chief Technical Officer/Chief Risk Officer )” to
General Manager – HRD,
Central Bank of India,
ChanderMukhi, 17th Floor,
Nariman Point,
Mumbai-400 021

Download Application form for CTO/ CRO

c.Mode of Payment

Application fee is Rs.1180/- payable by the way of Demand Draft (non-refundable) drawn on any Nationalized/ Scheduled Bank drawn in favor of “Central Bank of India – Recruitment of Chief Technical Officer/Chief Risk Officer and payable at Mumbai.

Candidates are advised to regularly visit the Bank’s website for updates/ notices/ instructions. Last date for submission of application: 15.02.2020. Decision of the Bank in respect of all matters pertaining to this recruitment would be final and binding on all candidates

Download Official Notification on 8th Feb 2020

 

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