Company Name : DENA BANK
Recruitment of specialist officers in MMGS-II and SMGS-IV.Dena Bank, a leading Public Sector Bank having Pan India presence with over 1800 Branches, invites ON-LINE APPLICATIONS, from the eligible candidates for filling-up the following post;
| Sr. No | Discipline | Scale | No. of Post | Age as on 01.06.2016 Min. 20 years Max. as under |
| 1. | Chief Manager(IT-CISO) | SMG Sc- IV | 1 | 45 |
| 2. | Chief Manager (Operation Risk ) | SMG Sc- IV | 1 | 45 |
| 3. | Chief Manager (Credit Risk) | SMG Sc-IV | 1 | 45 |
| 4. | Manager (Model Development and Validation under Basel) | MMG Sc- II | 2 | 35 |
| 5. | Manager (Operation Risk Management) | MMG Sc-II | 1 | 35 |
| 6. | Manager (Market Risk Management) | MMG Sc-II | 1 | 35 |
| 7. | Manager(CA/ICWA) | MMG Sc-II | 17 | 35 |
| 8. | Manager( Security) | MMG Sc-II | 23 | 35 |
| 9. | Company Secretary | MMG Sc-II | 1 | 35 |
Important: Eligible Candidates are required to apply on-line through Bank’s web site www.denabank.com. No other means/modes of application will be accepted.
| The Tentative schedule of events is as follows: | Tentative Dates |
| Online Registration | 10.06.2016 to 24.06.2016 |
| Payment of Application Fees-Online* | 10.06.2016 to 24.06.2016 |
| Download of Call letter for Examination | After 14.07.2016 |
| Online Examination ( Tentative dates) (For Post Codes 4,5,6 and 7) | 23.07.2016 |
- Candidate can apply for only one Post. Multiple applications will be summarily rejected.
- The Process of Registration of application shall be treated as completed on deposit of requisite fees to the bank through On-Line mode on or before the last date of fee payment:
- Before applying, candidates are requested to ensure that they fulfill the eligibility criteria for the post as on date of eligibility.
- Candidates need not send the Print out of the Computer Generated Online Application submitted by them. However, they are advised to take a Print-Out of the same and retain it with them for future reference and for produce by the same at the time of Interview.
- Candidates are advised to check Bank’s website www.denabank.com for full advertisement and other updates, which will be uploaded from time to time.
| Sr. No | Post | SC | ST | OBC | UR | Total | Out of Which | ||
| OC | VI | HI | |||||||
| 1. | Chief Manager(IT-CISO) | 0 | 0 | 1 | 2 | 3 | 0 | 0 | 0 |
| 2. | Chief Manager (Operation Risk) | ||||||||
| 3. | Chief Manager (Credit Risk) | ||||||||
| 4. | Manager (Model Development and Validation under Basel) | 0 | 1 | 1 | 3 | 5 | 5 | 0 | 0 |
| 5. | Manager (Operation Risk Management) | ||||||||
| 6. | Manager (Market Risk Management) | ||||||||
| 7. | Company Secretary | ||||||||
| 8. | Manager( Security) | 0 | 5 | 8 | 10 | 23 | |||
| 9. | Manager(CA/ICWA)* | 5 | 5 | 7 | 0 | 17 | |||
| Toatl | 5 | 11 | 17 | 15 | 48 | 5 | 0 | 0 | |
ELIGIBILITY CRITERIA:
All eligibility criteria as to qualification, Age etc. shall be computed as on 01.06.2016
Nationality / Citizenship:
A candidate must be either :
- a Citizen of India or
- a subject of Nepal or
- a subject of Bhutan or
- a Tibetan Refugee who came over to India before 1st January 1962 with the intention of permanently settling in India or
- a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (ii), (iii), (iv) and (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.
EDUCATIONAL QUALIFICATIONS AND EXPERIENCE ( AS ON 01.06.2016)
| POST CODE | NO.1 |
| POST NAME | CHIEF MANAGER (IT-CISO) IN SMG SCALE-IV |
| Educational Qualification | Certified Information System Auditor (CISA)/CISSP Certification of ISACA with Graduation in Computer Science Engineering or IT / MCA Or Certified Information System Auditor (CISA)/CISSP Certification of ISACA with Graduation in Engineering with diploma in Computer Application |
| Experience |
|
| Job Descriptions : | The incumbent will be responsible for preparing, maintaining and Implementing ITSP of the Bank. He will be initiating protective and corrective measures if a security problem is discovered. He will report any security breaches and / or failure of critical security system to the top management of the Bank and to RBI. He will be also responsible for creating security awareness in the Bank etc. |
| Mode of Selection | Interview |
| POST CODE | NO.2 |
| POST NAME | CHIEF MANAGERS (OPERATION RISK) IN SMG SCALE-IV |
| Educational Qualification | Post Graduate in any discipline preferably in Economics or Statistics |
| Experience | Presently holding atleast the post of Manager(Operation Risk) having 6 years working experience in the area of Operation Risk Management Department in PSBs or it’s equivalent post in Private Sector Bank. Due weightage will be given for exposure in implementation of Advanced Measurement Approach (AMA) under Basel. |
| Job Descriptions : |
|
| Mode of Selection | Interview |
| POST CODE | NO.3 |
| POST NAME | CHIEF MANAGER (CREDIT RISK) IN SMG SCALE-IV |
| Educational Qualification | Post Graduate in Economics or Statistics or MBA (Finance) or CA or ICWA |
| Experience | Presently holding atleast the post of Manager( Credit Risk) having 6 years working experience in the area of Credit Risk Management Department in PSBs or it’s equivalent post in Private Sector Bank. Due weightage will be given for exposure in implementation of Foundation Internal Rating Based (FIRB) or Advanced Internal Rating Based (AIRB) approach under Basel. |
| Job Descriptions : | The incumbent will be playing crucial role in : i. Preparing & Reviewing the model landscape, model design, parameters and assumptions ii. Providing technical challenge during model build/ enhancement phase and annual review of models iii. Ensuring all newly-developed models undergo an independent review. iv. Maintaining oversight of material aspects of risk rating and estimation processes, including their performance, any material changes to the rating system design or operations. v. Reviewing standards for external model implementation vi. Identifying any model weaknesses or limitations during the course of model development, implementation and review and taking remedial actions, if required Responsible for review and challenge of all credit risk models prior to their implementation, as well as on an on-going basis, to assess their fitness for intended purposes and to identify any limitations etc. |
| Mode of Selection | Interview |
| POST CODE | NO.4 |
| POST NAME | MANAGER (MODEL DEVELOPMENT AND VALIDATION UNDER BASEL) IN MMG SCALE-II: |
| Educational Qualification | Post Graduate in Statistics |
| Experience | 2 years Post qualification experience in Model development and validation under Basel in PSBs or Private Sector Bank |
| Job Descriptions : | The incumbent will be playing crucial role in : i. Development of the market risk model(s) in-house, ii. Risk Measures: Calculation of various risk measures i.e Value at Risk (VaR), PV01, duration, Modified Duration, convexity, beta of stocks, stressed VaR, Incremental VaR and Marginal VaR etc. iii. Stress Testing : Conduct stress testing of the portfolio, Develop a scenario library relevant to the products and portfolio of the Bank and Simulate the value of the portfolio and analyse impact on the PandL and value of the investment portfolio iv. Back Testing : Conduct back testing (both dirty and clean) to assess the accuracy of the model at a frequency determined by the policy v. Validation of Profit and Loss : Review the P&L with the valuation methodology Monitoring: Monitoring of dealer wise stop loss limits/ deal wise and dealer wise limits, counterparty limits, VaR, Duration, Modified duration, GAP/NOPL, Monitoring of realized and unrealized profit and loss from marked to market/ model, and other regulatory limits. vi. Capital calculation: Calculation of capital requirement for Market Risk on a bank wide basis under the standardized approach and internal models approach. Prepare capital forecasts (simulations) showing the effects of various possible changes in market conditions related to risk exposures and regulatory RWA vii. Reporting : Report on various limit monitoring, risk parameters to Higher Authorities, Regulators, viii. Research and Analysis : Analyse the market trends and articulate the short-term and long term view with regard to the market risk profile of the Bank’s portfolio. |
| Mode of Selection | Interview |
| POST CODE | NO.5 |
| POST NAME | MANAGER (OPERATION RISK MANAGEMENT) IN MMG SCALE-II: |
| Educational Qualification | Post Graduate in any discipline |
| Experience | 2 years Post qualification experience in Operational Risk Management in PSBs or Private Sector Bank |
| Job Descriptions : | The incumbent will be playing crucial role in : a. Develop and Implement all the methodologies like scenario analysis, BEICF etc with respect to measurement of operational risk under AMA. b. Develop and maintain the risk and control data base, KRI data base, Loss data and any other information required for the purpose of operational risk management and measurement. c. Documentation of policies related to operational risk and review of those policies at regular intervals. d. Consolidation, analysis and monitoring of operational risk management. e. Prepare the risk profile including design and implementation of operational risk reporting system. f. Validation of risk estimation tools/models/systems and maintenance of models developed to ensure their performance and stability |
| Mode of Selection | Interview |
| POST CODE | NO.6 |
| POST NAME | MANAGER (MARKET RISK MANAGEMENT) IN MMG SCALE-II |
| Educational Qualification | Graduate in any discipline with Certification in Financial Risk Management (FRM) |
| Experience | 2 years Post qualification experience in Market Risk Management in PSBs or Private Sector Bank |
| Job Descriptions : | The incumbent will have a crucial role to play in :- Preparing and Reviewing the model landscape, model design, parameters and assumptions Providing technical challenge during model build/ enhancement phase and annual review of models Ensuring all newly-developed models undergo an independent review. Maintaining oversight of material aspects of risk rating and estimation processes, including their performance, any material changes to the rating system design or operations. Reviewing standards for external model implementation Identifying any model weaknesses or limitations during the course of model development,implementation and review and taking remedial actions, if required Responsible for review and challenge of all credit risk models prior to their implementation, as well as on an on-going basis, to assess their fitness for intended purposes and to identify any limitations etc. |
| Mode of Selection | Written test and Interview |
| POST CODE | NO.7 |
| POST NAME | MANAGER (CA/ ICWA) IN MMG SCALE-II: |
| Educational Qualification | Passed final examination for CA/ICWA |
| Experience | NIL |
| Job Descriptions : | i. Evaluation of credit proposals for working capital facilities, project finance, export and import finance. ii. Monitoring and supervision of borrowal accounts. iii. Preparation of viability study, rehabilitation programmes dealing with BIFR/DRT. iv. Liaisoning with RBI and Financial Institutions etc. v. Implementing IFRS |
| Mode of Selection | Written test and Interview |
| POST CODE | NO.8 |
| POST NAME | MANAGER (SECURITY OFFICER) IN MMG SCALE-II: |
| Educational Qualification | Graduate in any discipline from a recognized university |
| Experience | An officer with minimum 5 years commissioned service in Army/Navy/Air force Or A Police Officer not below the rank of Asstt.S.P./Dy.S.P. with 5 years of service in that rank Or An Officer of identical rank in Para Military forces with minimum 5 years of service |
| Job Descriptions : | Supervision of the security arrangements of branches/RO/HO premises, Surprise checks of branches/ROs, Security arrangements of Currency Chests, Cash Management. |
| Mode of Selection | Interview |
| POST CODE | NO.9 |
| POST NAME | COMPANY SECRETARY IN MMG SCALE-II: |
| Educational Qualification | A graduate with 50% and above marks from a recognised University with AssociatenCompany Secretaryship from the Institute of Company Secretary of India. Preference shall be given to candidates with additional qualification of CA/ICWA. |
| Experience | NIL |
| Job Descriptions : | Should be well versed with Stock Exchange Listing arrangements, SEBI Rules and Regulations and other matters relating to the compliance with the Regulatory Bodies like Registrar of Companies, Company Law Board, etc. Arranging Annual General Meeting. Board Meetings of the Bank and other secretarial work in the Secretariat of the Chief Executive. |
| Mode of Selection | Interview |
HOW TO APPLY
Candidates can apply online only from 10.06.2016 to 24.06.2016 and no other mode of application will be accepted.
Pre-Requisites for Applying Online
Before applying online, candidates should :
- Scan their photograph and signature ensuring that both the photograph (4.5cm × 3.5cm) and signature adhere to the required specifications as given in Annexure I in official notification to this advertisement.
- keep the necessary details/documents for Online Payment of the requisite application fee/ intimation charges ready.
- have a valid personal email ID, which should be kept active till the completion of this Recruitment Process. Dena Bank may send call letters for the Examination etc. through the registered e-mail ID. Under no circumstances, a candidate should share with/mention e-mail ID to / of any other person. In case a candidate does not have a valid personal email ID, he/she should create his/her new e-mail ID before applying on-line and must maintain that email account.
APPLICATION FEE/INTIMATION CHARGES PAYABLE FROM 10.06.2016 TO 24.06.2016 (only online payment – Non-refundable) shall be as follows:
a) For SC/ST/PWD - Rs 50/- (Only Intimation charges)
b) For all others (including OBC/Ex-Servicemen - Rs. 400/-
Bank Transaction charges for Online Payment of application fees/ intimation charges will have to be borne by the candidate.
PROCEDURE FOR APPLYING ONLINE :
- Candidates are first required to go to the Dena Bank’s website www.denabank.com and click on link “Recruitment”.
- Thereafter, open the recruitment Notification entitled “Dena Bank Recruitment Project for Specialist Officers- 2016” and then click on the option “CLICK HERE TO APPLY ONLINE FOR Dena Bank Recruitment Project for Specialist Officers- 2016” to open the On-Line Application Form.
- Candidates will have click on “CLICK HERE FOR NEW REGISTRATION” to register their application by entering their basic information in the online application form. Use of special characters while filling the form will not be allowed. After that a provisional registration number and password will be generated by the system and displayed on the screen. Candidate should note down the Provisional registration number and password. An Email
and SMS indicating the Provisional Registration number and Password will also be sent. They can reopen the saved data using Provisional registration number and password and edit the particulars, if needed. - Candidates are required to upload their photograph and signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature (Annexure II) given in official notification.
- Candidates are advised to carefully fill in the online application themselves as no change in any of the data filled in the online application will be possible/ entertained. Prior to submission of the online application candidates are advised to use the “SAVE AND NEXT” facility to verify the details in the online application form and modify the same if required. No change is permitted after clicking on FINAL SUBMIT Button. Visually Impaired candidates are responsible for carefully verifying/ getting the details filled in, in the online application form properly verified and ensuring that the same are correct prior to submission as no change is possible after submission.
MODE OF PAYMENT
Candidates have to make the payment of requisite fees/ intimation charges through ONLINE mode only:
- Candidates should carefully fill in the details in the On-Line Application at the appropriate places very carefully and click on the “FINAL SUBMIT” button at the end of the On-Line Application format. Before pressing the “FINAL SUBMIT” button, candidates are advised to verify every field filled in the application. The name of the candidate or his /her father/husband etc. should be spelt correctly in the application as it appears in the certificates/mark sheets. Any change/alteration found may disqualify the candidature.
In case the candidate is unable to fill in the application form in one go, he/ she can save the data already entered. Once the application is filled in completely, candidate should Final Submit the data.
- The application form is integrated with the payment gateway and the payment process can be completed by following the instructions.
- The payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets by providing information as asked on the screen.
- After Final Submit, an additional page of the application form is displayed wherein candidates may follow the instructions and fill in the requisite details.
- If the online transaction has not been successfully completed then candidates are advised to login again with their provisional registration number and password and pay the Application Fees/ Intimation Charges online.
- On successful completion of the transaction, an e-receipt will be generated.
- Candidates are required to take a printout of the e-receipt and online application form. Please note that if the same cannot be generated online transaction may not have been successful.
SALARY AND EMOLUMENTS
A. MMG-II : Pay Scale : ` 31705-1145/1-32850-1310/10-45950
B. SMG-IV : Pay Scale : `.50030-1460/4-55870-1650/2-59170
PROBATION PERIOD : 1 Year
GENERAL INSTRUCTIONS
- Candidates will have to invariably produce and submit the requisite documents such as valid call letter, a photocopy of photo-identity proof bearing the same name as it appears on the online submitted application form etc. at the time of examination and interview respectively.
- A Candidate’s admission to the examination/ shortlisting for interview and/ subsequent process is strictly provisional. The mere fact that the call letter(s)/ has been issued to the candidate does not imply that his/ her candidature has been finally cleared by the Bank. Bank would be free to reject any application, at any stage of the process, cancel the candidature of the candidate in case it is detected at any stage that a candidate does not fulfill the eligibility norms and/or that he/she has furnished any incorrect/false information/certificate/documents or has suppressed any material fact(s). If any of these shortcomings is/are detected after appointment in the Bank, his/her services are liable to be summarily terminated.
- Multiple attendance/ appearances in examination and/ interview will be summarily rejected/ candidature cancelled.
- Online applications once registered will not be allowed to be withdrawn and/or the application fee/intimation charges once paid will not be refunded nor be held in reserve for any other examination
- Any request for change of address, details mentioned in the online application form will not be entertained.
- A recent, recognizable photograph(4.5cm × 3.5cm)should be uploaded by the candidate in the online application form and the candidate should ensure that copies of the same are retained for use at various stages of the process. Candidates are also advised not to change their appearance till the process is completed. Failure to produce the same photograph at various stages of the
process or doubt about identity at any stage could lead to disqualification. - Intimations will be sent by email and/ sms only to the email ID and mobile number registered in the online application form for Dena Bank Recruitment Project for Specialist Officers- 2016.
For more information visit official Notification.Official Notification