Latest Government Jobs & Sarkari Naukri 2026

Punjab & Sind Bank Chief Risk Officer Recruitment 2026 | Apply for 1 Post @ punjabandsind.bank.in

Punjab & Sind Bank, a leading public sector bank under the Government of India, has released a notification for the engagement of Chief Risk Officer (CRO) on a contract basis for professional services. The Punjab & Sind Bank Chief Risk Officer Recruitment 2026 notification has been published for the prestigious post of CRO. Interested and eligible candidates can apply online through the official Punjab & Sind Bank website from 03 September 2026. The last date to submit the online application is 12 September 2026.

This is an excellent opportunity for senior banking professionals with expertise in credit risk, market risk, operational risk, and liquidity risk management to join a premier public sector bank.

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About Punjab & Sind Bank

Punjab & Sind Bank is a premier public sector bank in India, established in 1908 with the objective of catering to the financial needs of the Punjab region. Today, the bank has a pan-India presence with a vast network of branches and a strong commitment to customer service and financial inclusion. Headquartered in New Delhi, the bank is known for its rich heritage, innovative banking solutions, and dedicated workforce, making it an employer of choice for banking professionals.

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Recruitment Highlights

Feature	Details
Organization	Punjab & Sind Bank
Post Name	Chief Risk Officer (CRO)
Total Vacancies	01
Employment Type	Contractual (3 Years, extendable up to 5 Years)
Application Mode	Online
Job Location	Head Office/Corporate Office/Anywhere in India
Official Website	https://punjabandsind.bank.in

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Important Dates

Event	Date
Notification Release Date	31 August 2026
Online Application Start Date	03 September 2026
Last Date to Apply Online	12 September 2026

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Vacancy Details

Post Name	Vacancies	Age Limit
Chief Risk Officer (CRO)	01	Min: 40 years, Max: 55 years (As on 01.09.2026)
Total	01

Note: The number of vacancies advertised are provisional and may vary according to actual requirement of the Bank, subject to availability of suitable candidates.

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Eligibility Criteria

1. 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 Jan. 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, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

2. Educational Qualification (as on 12.09.2026):

• Mandatory: 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.
• Desirable: Preference may be given to candidates possessing one or more of the following qualifications:
• Chartered Financial Analyst (CFA) charter awarded by the CFA Institute.
• Chartered Accountant (CA) qualification awarded by the Institute of Chartered Accountants of India (ICAI) or an equivalent.

3. Experience (as on 12.09.2026):

• Mandatory: 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.
• Minimum experience of one year in Corporate Credit and one year in Risk Management.
• Desirable: Good understanding of market risk and/or liquidity management and/or operational risk, with exposure to analytics being an added desirable experience.

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Age Limit (as on 01.09.2026)

• Minimum Age: 40 years
• Maximum Age: Less than 55 years

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Tenure

• 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.
• Extension is subject to annual performance review by the Board/Risk Management Committee of the Board.
• The engagement shall be purely contractual and shall not confer any right upon the selected candidate to claim regular employment or absorption in the services of the Bank.

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Remuneration

• The compensation and terms & conditions will be negotiated/finalized depending upon the suitability of the candidate.

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Leave

• 30 days' paid leaves per calendar year, out of which not more than 05 days' leave can be taken at a time.
• If absence exceeds 30 days in a contract year, proportionate amount will be deducted for each day of absence over and above the permissible leave from the consolidated payment.
• Unavailed leaves for each contract year shall lapse at the end of the contract year.

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Application Fee

Category	Fee (Inclusive of GST)
For New Delhi Candidates	Rs. 1,000/- + GST (Total Rs. 1,180/-)
For Out of New Delhi Candidates	Rs. 1,180/- (Including IGST)

• Candidates have the option of making payment through ONLINE mode only.
• Bank Transaction charges for online payment will have to be borne by the candidate.
• Cash, Demand Drafts, Cheques, Money Orders, Postal Stamps etc. will NOT BE ACCEPTED.
• Application once made will not be allowed to be withdrawn and the Fees once paid will NOT be refunded on any account.

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Selection Process

• Preliminary Scrutiny: Applications will be screened with reference to age, qualifications, experience, and other eligibility conditions.
• Shortlisting: Candidates will be shortlisted on the basis of relevant experience, seniority, professional credentials, and suitability.
• Personal Interaction/Interview: Shortlisted candidates will be called for an interview before the duly constituted Selection Committee.
• Assessment: Assessment of the candidate's knowledge of credit, market, operational, liquidity, technology, cyber, climate, and other material risks.
• Leadership & Regulatory Assessment: Assessment of leadership ability, independence of judgement, regulatory awareness, and ability to interact with the Board and senior management.
• Verification: Verification of credentials, vigilance status, integrity, reputation, and antecedents.
• Final Selection: Final selection will be made on the basis of marks obtained in the Interview process and according to merit ranking.

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How to Apply for Punjab & Sind Bank Chief Risk Officer Recruitment 2026

• Step 1: Visit the official Punjab & Sind Bank website at https://punjabandsind.bank.in.
• Step 2: On the Home Page, under the "Recruitment" link, click the relevant Notification for CRO engagement.
• Step 3: Read the notification carefully and ensure eligibility.
• Step 4: Scan photograph, signature, thumb impression, hand-written declaration, education certificates, experience certificates, reservation certificates, DOB proof, etc.
• Step 5: Fill the online application form with all required details.
• Step 6: Upload scanned images and documents as per specifications.
• Step 7: Pay the application fee through ONLINE mode only.
• Step 8: Submit the application and take a printout of the confirmation for future reference.

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Documents Required

• Recent Passport Size Photograph (Coloured)
• Scanned Signature
• Thumb Impression
• Hand-written Declaration
• Date of Birth Proof (SSC/10th Certificate)
• Educational Qualification Certificates (Graduate Degree & Professional Certifications)
• Experience Certificates (All relevant experience proof)
• Category Certificate (if applicable)
• Professional Certifications (FRM/PRM/CFA/CA etc.)
• No Objection Certificate (for serving employees of Government/PSU/Banks)

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Important Links

Description	Link
Official Punjab & Sind Bank Website	Click Here
Apply Online	Click Here
Download Notification PDF	Click Here

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Important Instructions

• Before applying, candidates should ensure that they fulfill all eligibility criteria and other norms mentioned in the advertisement.
• The application form must be complete in all respects. Incomplete applications will be rejected.
• In case of multiple applications, only the last valid (complete) application will be retained.
• Merely fulfilling minimum qualification and experience will not vest any right in the candidate for being called for interview.
• Candidates serving in Government/Public Sector Undertakings including Banks are required to produce a "No Objection Certificate" from their employer at the time of interview.
• The Bank reserves the right to reject any application/candidature at any stage if found ineligible or if incorrect/false information is provided.
• Canvassing in any form will be a disqualification.
• Any request for change of date, time, and venue for interview will not be entertained.
• The selected candidate may be posted anywhere in India, depending on the requirement of the Bank.
• The terms & conditions of engagement shall not be construed as employment in the Bank, and provisions of PF/Gratuity/Pension shall not apply.
• The Bank reserves the right to change/add/cancel the selection process at its discretion.
• In case any dispute arises on account of interpretation in a version other than English, the English version will prevail.

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Contact Details

• Organization: Punjab & Sind Bank
• Head Office: NBCC Building, Block 3, Kidwai Nagar, New Delhi - 110023
• Email: ho.hrd@psb.bank.in
• Official Website: https://punjabandsind.bank.in

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Frequently Asked Questions (FAQs)

1. What is the last date to apply for Punjab & Sind Bank Chief Risk Officer Recruitment 2026?

• The last date to submit the online application is 12 September 2026.

2. What is the total number of vacancies for this recruitment?

• There is 01 vacancy for the post of Chief Risk Officer (CRO).

3. What is the age limit for this post?

• Candidates should be between 40 years and 55 years of age as on 01.09.2026.

4. What is the educational qualification required for this post?

• Graduate Degree with professional certification in financial risk management (FRM/PRM) OR at least two years' experience as CRO in a regulated lending entity. Desirable: CFA/CA qualification.

5. What is the tenure of engagement?

• The CRO 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.

Tags

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Disclaimer: This article has been prepared for informational purposes based on the official Punjab & Sind Bank Chief Risk Officer Recruitment 2026 Notification. Candidates are advised to read the official notification carefully before applying. All information including vacancy numbers, eligibility criteria, and dates are as per the official advertisement. In case of any discrepancy, the official notification issued by Punjab & Sind Bank shall prevail. Keep checking the official Punjab & Sind Bank website for updates on recruitment-related information.