Designation – Senior Manager – Risk Analytics and Risk Management
Number of Job Vacancies -1
Essential Qualification
Minimum Qualification:
- Graduate with 60 % marks (55% in case of SC/OBC) with Certificate / Diploma course in risk management conducted by recognized institute.
Desirable Qualification:
- Courses in Data Sciences / Data analytics/ Machine Learning/SAS/Python/R
Experience
- Minimum 3 years’ post qualification experience in Predictive Modelling/ Statistical Analysis/ Data Science in BFSI sector. Experience in the area of Operational / Fraud / IT risk management / Risk analytics and related fields will be preferred.
Job Profile
To identify, analyze, and evaluate potential risks that could negatively impact the Bank’s financial standing, operations, or reputation. Their job profile includes:
1. Risk Assessment: Identifying and assessing risks that could affect the Bank. This involves studying financial data, market trends, regulatory changes, and other relevant factors.
2. Risk Mitigation Strategies: Developing and implementing strategies to mitigate identified risks. This could involve recommending changes in procedures, policies, or investments to reduce risk exposure.
3. Data Analysis: Utilizing statistical tools and software to analyze large datasets and trends, helping to predict potential risks and their impact.
4. Reporting and Communication: Presenting findings and recommendations to senior management or stakeholders, often through reports or presentations.
5. Compliance Monitoring: Ensuring that the Bank complies with regulatory requirements and internal policies related to risk management.
6. Scenario Planning: Developing and testing scenarios to prepare for potential risks and their consequences.
7. Monitoring Risk Exposure: Continuously monitoring the risk landscape and updating assessments as new information becomes available
8. Collaboration: Working closely with other departments such as FMA, Compliance & Operations to understand their risk exposure and develop coordinated risk management strategies.
The above roles & responsibilities are indicative and Bank at its own discretion may assign KRAs or other roles as per business need.
Age Limit
- Candidate’s maximum age should be 38 years.
Probation Period & Bond:
- The selected candidates will be on probation for the under-mentioned period from the date of joining the Bank.
Selection Procedure:
- The selection of the candidates shall be done based on the Written Examination, Group Discussion/ Interview.
Important dates
- Last date for submission of application is 26th July 2024. No application shall be entitled beyond the stipulated date.
General Information:
1. Candidates are advised to take a copy of their offline application form.
2. Candidates should satisfy themselves about their eligibility for the post applied for.
3. Candidates are advised in their own interest to apply offline well before the closing date and not to wait till the last date.
4. Bank of Maharashtra does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of aforesaid reasons or for any other reason beyond the control of the Bank.
5. Candidates, if selected, should submit an unconditional / clear discharge from the present employer at the time of joining the Bank, failing which the candidature shall be liable for cancellation.
6. In case of selection, candidates will be required to produce proper discharge certificate from the employer at the time of taking up the appointment.
7. The original documents regarding eligibility criteria and proof of date of birth should be produced for verification on the date of interview.
8.The recruitment in Bank of Maharashtra is done strictly as per merit in a systematic way. Canvassing in any form will disqualify the candidate.
9.The selected candidate will be on probation and after completion active service from the date of joining.
10. The candidates against whom any Disciplinary Action is / was initiated and minor / major punishment is / was imposed, such candidates are not eligible to apply for any post.
More information about this Senior Manager – Risk Analytics and Risk Management Job
Please go through the below FAQs to get all answers related to the given Senior Manager – Risk Analytics and Risk Management job
What are the job requirements to apply for this Senior Manager – Risk Analytics and Risk Management job position?
Ans: A candidate must have a minimum of 3 year experience as an Senior Manager – Risk Analytics and Risk Management
What is the qualification for this job?
Ans: The candidate can be a Graduate from any of the following: Diploma
What is the hiring Process of this job?
Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
This Senior Manager – Risk Analytics and Risk Management is a work from home job?
Ans: No ,its not a Work from Home Job.
How many job vacancies are opening for the Senior Manager – Risk Analytics and Risk Management position?
Ans: There are immediate 1 job openings for Senior Manager – Risk Analytics and Risk Management in our Organisation.
3 Years
Not disclosed
Diploma
Pune