Punjab & Sind Bank Recruitment 2026
Engagement of Chief Risk Officer (CRO) on Contract Basis for Professional Services
1. Overview & Organization Details
| Organization Name | Punjab & Sind Bank (A Govt. Of India Undertaking) |
|---|---|
| Post / Designation | Chief Risk Officer (CRO) |
| Nature of Engagement | Contract Basis for Professional Services |
| Total Vacancies | 01 (One) |
| Department | H.O. HRD Dept. |
| Head Office Address | NBCC Building Block 3, Kidwai Nagar, New Delhi - 110023 |
| Email Contact | ho.hrd@psb.bank.in |
2. Important Dates
| Event / Activity | Date |
|---|---|
| Submission of On-line Application Commencing From | 03.09.2026 |
| Last Date for Submission of On-line Application | 12.09.2026 |
| Crucial Date for Age Calculation | 01.09.2026 |
| Crucial Date for Educational Qualification & Post Qualification Experience | 12.09.2026 |
3. Vacancy & Age Limit
| Post Name | Number of Posts | Age Limit (As on 01.09.2026) |
|---|---|---|
| Chief Risk Officer (CRO) | 01 |
|
4. Educational Qualification & Experience Criteria (As on 12.09.2026)
The candidate should possess a Graduate Degree from a university/institution recognized by the Government of India or its regulatory bodies, along with any one of the following:
- Professional certification in financial risk management from the Global Association of Risk Professionals (GARP); OR
- Professional Risk Management Certification from the PRMIA Institute; OR
- At least two years’ experience as Chief Risk Officer in a regulated lending entity in respect of which there is a regulatory requirement for appointment of the CRO with the approval of its Board.
- The candidate should possess at least five years’ experience in Corporate Credit and Risk Management at the level of Assistant General Manager or above in one or more Public Sector Banks; OR
- In an equivalent senior position, involving similar roles and responsibilities, in one or more regulated lending entities, as may be determined by the Bank and the CRO Selection Committee with minimum experience of one year in Corporate Credit and one year in Risk Management.
Preference may be given to candidates possessing one or more of the following qualifications:
- a. Chartered Financial Analyst charter awarded by the CFA Institute;
- b. Chartered Accountant qualification awarded by the Institute of Chartered Accountants of India or an equivalent qualification obtained abroad;
- c. Cost and Management Accountant qualification awarded by the Institute of Cost Accountants of India or an equivalent qualification obtained abroad;
- d. Postgraduate degree in Finance, Economics, Banking, Risk Management, Business Administration or a related field;
- e. Certification or specialised qualification in treasury risk, credit risk, operational risk, cyber risk, climate risk, data analytics or model-risk management.
Good understanding of market risk and/or liquidity management and/or operational risk, with exposure to analytics being an added desirable experience.
5. Tenure, Remuneration & Working Hours
The Chief Risk Officer may initially be engaged for a fixed contractual tenure of three years, extendable by one year at a time, subject to a maximum term of five years and subject to annual performance review by the Board/Risk Management Committee of the Board.
The compensation and terms & conditions will be negotiated/ finalized depending upon the suitability of the candidate.
The working hours and weekly off/holidays for the CRO shall be as applicable to the serving employees of the bank.
6. Application Fee Structure
| Application Fee | Total Fee for New Delhi | Total Fee for Out of New Delhi |
|---|---|---|
| Rs. 1000/- + Plus GST as applicable | Rs. 1180/- (including CGST and SGST) | Rs. 1180/- (including IGST) |
7. Official Contact & Links
Contact Details
Address: Punjab & Sind Bank, H.O. HRD Dept., NBCC Building Block 3, Kidwai Nagar, New Delhi - 110023
Email: ho.hrd@psb.bank.in




