Punjab & Sind Bank has opened a fresh senior-level recruitment for one Chief Risk Officer (CRO) on a contractual basis for professional services. The current advertisement was released on 6 November 2026, and online applications are accepted from 7 November to 17 November 2026. The selected professional will oversee risk management across the Bank, including credit, market, operational, liquidity, interest-rate, technology, cyber, climate and other material risk areas, with responsibilities extending to risk policies, models, procedures and interaction with senior management and the Board.
This is not an entry-level banking vacancy. At a basic level, applicants must hold a graduate degree from a recognised university or institution and possess substantial senior experience in corporate credit and risk management. The Bank requires at least five years of relevant experience at Assistant General Manager level or above in a public-sector bank, regulatory body or an equivalent senior regulated-lending role, together with one of the notified professional risk-management credentials or qualifying CRO experience. Applicants must be at least 40 years old and under 55 years as on 1 November 2026. Selection is through scrutiny, shortlisting and personal interview; there is no separate written examination prescribed in the advertisement.
Recruitment Overview
| Particular | Details |
|---|---|
| Organisation | Punjab & Sind Bank |
| Post | Chief Risk Officer (CRO) |
| Engagement | Contractual professional service |
| Advertisement release | 6 November 2026 |
| Vacancies | 1 |
| Application mode | Online |
| Application start | 7 November 2026 |
| Last date | 17 November 2026 |
| Age | Minimum 40 and less than 55 years |
| Selection | Scrutiny + Shortlisting + Interview |
| Preferred posting | Head Office / Corporate Office, New Delhi |
| Tenure | 3 years initially, extendable up to 5 years |
Vacancy Details
| Post | Vacancies |
|---|---|
| Chief Risk Officer | 1 |
| Total | 1 |
Basic Qualification
Candidates must possess a graduate degree from a university or institution recognised by the Government of India or its recognised equivalent.
In addition, the role requires the notified senior risk-management experience and professional credential/experience route.
Experience Requirement
The mandatory experience requirement includes at least five years of experience in Corporate Credit and Risk Management at the level of Assistant General Manager or above in one or more public-sector banks or regulatory bodies, or in an equivalent senior position in regulated lending entities as accepted by the Bank.
The candidate must also satisfy one of the notified professional-risk conditions, such as:
- Financial Risk Manager certification from GARP, or
- Professional Risk Manager certification from PRMIA, or
- at least two years of experience as Chief Risk Officer in a regulated lending entity where Board-approved CRO appointment is required.
The advertisement also lists desirable exposure to market, liquidity and operational risk, with analytics exposure as an advantage.
Age Limit
| Rule | Details |
|---|---|
| Minimum age | 40 years |
| Maximum age | Less than 55 years |
| Age cut-off | 1 November 2026 |
Candidates should follow the exact age wording in the official CRO advertisement.
Contract Tenure
The initial engagement is for 3 years.
It may be extended one year at a time, subject to performance review, up to a maximum total term of 5 years.
The engagement is purely contractual and does not create a right to regular employment or absorption in the Bank.
Remuneration
The Bank has not fixed a standard public salary figure in the advertisement.
Compensation and other terms will be negotiated/finalised depending on the suitability of the selected candidate.
Application Fee
| Fee | Amount |
|---|---|
| Application fee | ₹1,000 + applicable GST |
| Total payable | ₹1,180 |
Payment is accepted online only. The fee is non-refundable.
Selection Process
There is no separate written examination prescribed for this recruitment.
The selection process may include:
- Preliminary scrutiny of age, qualification, experience and other eligibility conditions.
- Shortlisting based on relevant experience, seniority, professional credentials and suitability.
- Personal interaction/interview before the Selection Committee.
- Assessment of knowledge across credit, market, operational, liquidity, technology, cyber, climate and other material risk areas.
- Assessment of leadership, regulatory awareness and ability to interact with senior management and the Board.
- Verification of credentials, integrity, vigilance status, reputation and antecedents.
- Final merit based on marks obtained in the interview process.
Only shortlisted candidates will be called for interview.
Important Dates
| Event | Date |
|---|---|
| Advertisement release | 6 November 2026 |
| Online application starts | 7 November 2026 |
| Last date to apply | 17 November 2026 |
| Interview | To be communicated to shortlisted candidates |
How to Apply for Punjab & Sind Bank CRO Recruitment 2026
- Read the official Chief Risk Officer advertisement completely before applying.
- Confirm that you meet the graduate, senior-experience and professional-risk criteria.
- Keep age, qualification and experience records ready using the Government Job Document Checklist.
- Open the Punjab & Sind Bank Recruitment page and select the current Chief Risk Officer engagement.
- Complete the online registration using an active email ID and mobile number.
- Upload the prescribed photograph, signature, thumb impression, handwritten declaration and supporting PDF documents.
- Enter senior experience and professional credentials exactly as supported by records.
- Pay the non-refundable ₹1,180 fee online.
- Review the application carefully before final submission.
- Submit the form by 17 November 2026 and keep the application/payment record.
- Shortlisted candidates should carry original documents to the interview.
- For general preparation, see the How to Apply for Government Jobs guide.
Documents Required
| Document | Purpose |
|---|---|
| Date-of-birth proof | Age verification |
| Graduation certificate | Mandatory qualification |
| Experience certificates | Senior corporate-credit/risk experience |
| GARP / PRMIA certificate, where applicable | Professional risk credential |
| CRO experience proof, where applicable | Alternate eligibility route |
| Desirable qualification certificates, if claimed | Supporting credentials |
| Identity proof | Candidate verification |
| Photograph and signature | Online application |
| Thumb impression | Online application |
| Handwritten declaration | Online application |
| Vigilance / integrity records, where applicable | Selection verification |
Important Candidate Notes
- This is a senior contractual professional role, not a regular entry-level bank recruitment.
- The initial contract is three years and may be extended up to five years.
- The Bank has not published a fixed salary; compensation is negotiable.
- Final selection is interview-based after shortlisting.
- The preferred posting is at Head Office / Corporate Office, New Delhi, but the Bank may post the selected professional elsewhere in India.
- The application fee is ₹1,180 and is non-refundable.
- There is no separate written examination or syllabus.
Important Links
| Purpose | Link |
|---|---|
| Official CRO advertisement | Open Punjab & Sind Bank CRO Notification |
| Recruitment / online application entry | Open Punjab & Sind Bank Recruitment Page |
| Official bank website | Open Punjab & Sind Bank Website |
| Document preparation | Open Government Job Document Checklist |
FAQ
How many vacancies are available in Punjab & Sind Bank CRO Recruitment 2026?
There is 1 Chief Risk Officer vacancy.
What is the application period?
Online applications are open from 7 November to 17 November 2026.
What is the basic qualification?
Candidates must hold a recognised graduate degree, along with the required senior risk-management experience and professional credential/experience route.
What is the age limit?
Applicants must be at least 40 years old and less than 55 years as on 1 November 2026.
What experience is required?
The Bank requires at least five years of senior Corporate Credit and Risk Management experience at the notified level, plus one of the stated professional risk credentials or qualifying CRO experience.
Is there a written examination?
No. Selection is through scrutiny, shortlisting and personal interview.
What is the salary?
The advertisement does not publish a fixed salary. Compensation will be negotiated according to the suitability of the selected candidate.
What is the application fee?
The total application fee is ₹1,180 including applicable GST.