Punjab & Sind Bank CRO Recruitment 2026: Apply Online for Chief Risk Officer Post, Eligibility, Salary & Selection Process

Punjab & Sind Bank CRO Recruitment 2026: Punjab & Sind Bank has officially released an employment notification for the recruitment of a Chief Risk Officer (CRO) on a contractual basis. Interested and eligible candidates holding relevant educational qualifications and senior-level management experience in corporate credit and risk management can submit their applications online starting from September 3, 2026.

In this article, we provide complete details regarding the Punjab & Sind Bank CRO Recruitment 2026, including important dates, eligibility criteria, age limits, application fees, selection process, job description, and step-by-step instructions on how to apply online.

Punjab & Sind Bank CRO Recruitment 2026: Key Highlights

Punjab & Sind Bank CRO Recruitment Important Dates

Eligibility Criteria & Age Limit For Punjab & Sind Bank CRO Recruitment

1. Nationality / Citizenship

Candidates applying for the Chief Risk Officer position must meet one of the following criteria:

• A Citizen of India
• A subject of Nepal or Bhutan
• A Tibetan refugee who came to India before January 1, 1962, with the intention of permanently settling in India
• A person of Indian origin who migrated from Pakistan, Burma, Sri Lanka, or East African countries (Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, Vietnam).

2. Age Limit (As on 01.09.2026)

• Minimum Age: 40 Years
• Maximum Age: Below 55 Years

3. Educational Qualifications (As on 12.09.2026)

Mandatory Educational Qualification:

• Graduate Degree from a recognized University/Institution approved by the Government of India or its regulatory bodies.
• AND any one of the following professional certifications:
  1. Professional Certification in Financial Risk Management (FRM) from the Global Association of Risk Professionals (GARP).
  2. Professional Risk Management (PRM) Certification from the PRMIA Institute.
  3. At least two years’ experience as Chief Risk Officer (CRO) in a regulated lending entity where Board approval/regulatory requirement exists.

Desirable Qualifications:

Preference will be given to candidates possessing one or more of the following qualifications:

• Chartered Financial Analyst (CFA) charter by CFA Institute.
• Chartered Accountant (CA) qualification from ICAI or equivalent foreign degree.
• Cost and Management Accountant (CMA) from ICAI or equivalent foreign degree.
• Post-Graduate degree in Finance, Economics, Banking, Risk Management, Business Administration (MBA), or related fields.
• Specialised certification in treasury risk, credit risk, operational risk, cyber risk, climate risk, data analytics, or model-risk management.

Work Experience Requirements

Mandatory Experience:

• Minimum 5 years’ experience in Corporate Credit and Risk Management at the level of Assistant General Manager (AGM) or above in one or more Public Sector Banks (PSBs).
• OR an equivalent senior position with similar roles/responsibilities in regulated lending entities, with at least 1 year in Corporate Credit and 1 year in Risk Management.

Desirable Experience:

• Strong understanding of liquidity risk, market risk, operational risk, and exposure management along with analytics.

Salary, Tenure & Job Location

• Tenure: Initially engaged for 3 years, extendable by 1 year at a time up to a maximum of 5 years (subject to annual performance review by the Board/Risk Management Committee).
• Remuneration / Salary: The compensation package and terms will be negotiable/finalized based on the candidate’s experience and suitability.
• Leave Allowance: 30 days’ paid leave per calendar year (max 5 days at a stretch).
• Posting Location: Head Office / Corporate Office of Punjab & Sind Bank in New Delhi (or anywhere in India as per administrative requirements).

Application Fee Details

Application fees must be paid through Online Mode Only. Cash, Demand Drafts, Cheques, or Postal Stamps will not be accepted.

Official Website Link: Get Details
Official Notification PDF: Get Details

Selection Procedure For Punjab & Sind Bank CRO Recruitment

The selection process for the Chief Risk Officer (CRO) post in Punjab & Sind Bank involves:

• Preliminary Scrutiny: Verification of age, qualifications, and experience.
• Shortlisting: Shortlisting based on academic profile, seniority, and suitability.
• Personal Interaction / Interview: Final evaluation before a duly constituted Selection Committee.
• Credential & Background Verification: Verification of integrity, vigilance status, and antecedents.

Roles & Responsibilities of Chief Risk Officer (CRO)

The Chief Risk Officer will oversee the overall enterprise-wide Risk Management framework, including:

• Credit Risk Management: Monitoring credit risk limits, portfolio stress testing, ICAAP document preparation, and risk-return optimization.
• Market Risk Management: Managing interest rate risk, equity price risk, liquidity position, and derivatives.
• Operational Risk Management: Oversight of operational risk policies, IT security risk, Fraud Risk Management Department (FRMD), and Business Continuity Planning (BCP).
• Liquidity & Interest Rate Risk: Supervising ALM Cell and managing liquidity frameworks across all zones and branches.

How to Apply Online for Punjab & Sind Bank CRO Recruitment 2026

Follow these simple steps to complete your online application:

• Visit the official website of Punjab & Sind Bank: punjabandsind.bank.in.
• Click on the “Recruitment” link on the home page.
• Find the official notification for “Engagement of Chief Risk Officer (CRO) on Contract Basis” and click on the online application link.
• Register by providing your basic details, mobile number, and valid email ID.
• Upload scanned copies of your photo, signature, thumb impression, handwritten declaration, and supporting qualification/experience PDFs.
• Pay the applicable application fee (₹1180/-) online via debit/credit card or net banking.
• Submit the form and print a copy of the application form for future reference.

Also Read: IDBI Bank Part-Time Doctor Recruitment 2026

FAQs

Q1. What is the last date to apply online for Punjab & Sind Bank CRO Recruitment 2026?

The last date to submit the online application and pay the application fee is September 12, 2026.

Q2. What is the age limit for the Chief Risk Officer post in PSB?

The candidate must be minimum 40 years old and below 55 years of age as on September 1, 2026.

Q3. Is the CRO post in Punjab & Sind Bank permanent?

No, this post is on a contractual basis for an initial period of 3 years, extendable up to 5 years based on performance reviews.

Q4. What is the application fee for Punjab & Sind Bank CRO Recruitment CRO post?

The application fee is ₹1,000 + GST, which totals ₹1,180/- for all candidates.

Q5. How will candidates be selected for the Chief Risk Officer role?

Selection will be done through shortlisting based on profile/experience followed by a Personal Interview.