Lakshmi Vilas Bank invites application from eligible candidates for post of Head – Market Risk. Eligible and Interested candidates can send their application in the prescribed format along with required copies of documents on or before February 13, 2017.
Lakshmi Vilas Bank was founded in 1926 by a group of seven progressive businessmen of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar. Their objective was to cater to the financial needs of the people in and around Karur who were occupied in trading businesses, industry and agriculture. The Bank was incorporated on November 3, 1926 under the Indian Companies Act, 1913, and obtained the certificate to commence business on November 10, 1926. Subsequent to introduction of the Banking Regulations Act, 1949 and Reserve Bank of India as the regulator for the banking sector, the Bank obtained its banking license from RBI on 19,June 1958, and on 11, August 1958 it became a ‘scheduled commercial bank’ signifying capability to operate as a full-fledged commercial bank.
Post Code : 01
Name of the Post : Head – Market Risk
Pay Scale :
No. of Post :
Educational Qualification Required : Any Degree.
Experience Required : 15+ years Experience from Banking. Responsible for overall management of the Market Risk function, Design & Implementation of Market Risk monitoring system including VAR and data warehouse for Market Risk exposures including back testing of parameters and models. Ensure Risk processes and systems are commensurate and aligned with Business needs. Conceptualize data and process projects to improve overall efficiency and productivity of the unit, which enable the Bank to scale up and achieve its strategic growth objectives. Drive these projects to closure. Oversight of Treasury – Mid-Office/ Back-office from Limits monitoring/ Valuation perspective. Ensure that Treasury and Credit Risk Policies are reviewed at regular intervals and factor in changes to business needs as well as regulatory expectations.
Age Limit : 50 years
Location : Chennai
Last Date for Application : February 13, 2017
Eligible and interested candidates can apply online for the post of Head – Market Risk in the prescribed format along with required copies of documents on or before February 13, 2017. (Ref : The Hindu Empower Dated : 8th February 2017)