Central Bank of India - Recruitment of Specialist Officers – Risk Management

Organization: Central Bank of India
Opening Date: 09 April 2026
Closing Date: 30 April 2026
Exam Date: May 2026
Interview: June 2026

Vacancy Details

Post SC ST OBC EWS UR Total

Analytics & Model Risk 1 0 1 0 4 6

Asset Liability Management 1 0 2 0 2 5

Digital Risk Management 0 1 3 1 3 8

Enterprise Risk 1 0 1 1 2 5

Market Risk 0 0 0 0 2 2

Eligibility Criteria

Nationality

Candidate must be:

• Citizen of India
• Subject of Nepal/Bhutan
• Tibetan refugee (before 1962)
• Person of Indian origin from specified countries

Reservation applicable as per Government norms (SC/ST/OBC/EWS/PwBD)

Education & Experience

Analytics & Model Risk

Qualification:
Bachelor’s in Mathematics/Statistics OR B.Tech (Data Science/IT)
Preferred: MBA / PG in Finance / Economics

Experience:
Scale IV: Minimum 5 years
Scale III: Minimum 3 years

Skills: SAS, SPSS, R, Python

Key Responsibilities

• Develop risk models (ALM, Credit Risk)
• Perform stress testing
• Ensure RBI compliance
• Validate financial models
• Prepare reports for management

Analytics & Model Risk – Responsibilities (Continued)

• Validate financial models for accuracy and compliance
• Conduct statistical analysis and stress testing
• Document validation processes and findings
• Collaborate with departments on model development

Asset Liability Management

Qualification

BE/B.Tech (IT/CS) OR MBA OR Chartered Accountant
Preferred: FRM, PRIMA, Risk Management certifications

Experience

Scale III: 4 years (3 years in risk)
Scale II: 3 years (2 years in risk)

Responsibilities

• Manage liquidity, interest rate, and currency risks
• Review deposit & lending rates
• Ensure RBI reporting compliance
• Develop ILAAP framework
• Monitor IRRBB risk metrics

Digital Risk Management

Qualification

Degree in IT / Cybersecurity
Preferred: MBA / MSc IT Security

Certifications

CISA, CISM, CRISC, CISSP

Responsibilities

• Assess IT & cyber risks
• Implement risk control frameworks
• Develop Business Continuity Plans
• Ensure RBI compliance
• Manage third-party and API risks

Enterprise Risk Management

Qualification: BE/B.Tech / MBA / CA
Experience: 5 years (3 in risk)

Responsibilities

• Develop ERM framework
• Identify and mitigate risks
• Conduct stress testing
• Implement Basel III & ICAAP
• Monitor climate-related risks

Market Risk

Qualification: BE/B.Tech / MBA / CA
Experience: 3–4 years

Responsibilities

• Monitor investment portfolio risks
• Compute capital charges
• Manage forex risk
• Analyze yield curves
• Operate SAS for VaR calculations

General Eligibility Conditions

• Qualifications must be Govt. recognized
• Cut-off date: 28 Feb 2026
• Experience less than 6 months not counted
• Original certificates required at interview

Age Criteria

Scale IV: 20–45 years
Scale III: 20–35 years
Scale II: 20–35 years
Scale I: 20–30 years

Age Relaxation

Category Relaxation

SC/ST 5 Years

OBC 3 Years

PwBD 10 Years

Ex-Servicemen 5 Years

Maximum age limit: 56 years (for PwBD with relaxation)

Remuneration

Scale Pay Structure

Scale IV ₹102300 – ₹120940

Scale III ₹85920 – ₹105280

Scale II ₹64820 – ₹93960

Additional allowances and benefits will be provided as per bank rules.

Selection Procedure

Online Examination Pattern

Test Questions Marks

Stream Specific 70 70

Reasoning 15 15

General Awareness 15 15

Total Duration: 90 Minutes | No negative marking

Exam Centers

Andhra Pradesh: Vijayawada, Guntur, Visakhapatnam
Telangana: Hyderabad, Warangal
Tamil Nadu: Chennai, Coimbatore
Karnataka: Bengaluru, Mangaluru
Maharashtra: Mumbai, Pune, Nagpur
Delhi NCR: Delhi, Noida, Faridabad
West Bengal: Kolkata, Siliguri

Final center will be mentioned in call letter.

Selection Criteria

• Written Exam + Interview
• Minimum Qualifying Marks:
  • General/EWS: 50%
  • SC/ST/OBC/PwBD: 45%
• Weightage: 70% Exam + 30% Interview
• Higher age preferred in tie cases

Application Fee

Category Fee

SC/ST/PwBD/Women ₹175

Others ₹850

Payment mode: Online only (Debit/Credit Card, UPI, Net Banking)

General Instructions

• Only one application allowed
• Ensure eligibility before applying
• No refund of application fee
• Provide valid photo & signature
• Original documents required at interview

Important Guidelines

• Submit caste/eligibility certificates
• Govt employees need NOC
• No TA for interview
• Wrong information leads to rejection

Application Process

Apply online through official IBPS portal.
Registration generates login credentials.
Upload required documents:

• Photograph
• Signature
• Thumb Impression
• Handwritten Declaration

Payment Instructions

• Complete registration before payment
• Use secure online methods
• Save e-receipt for reference
• Do not refresh during payment

Document Upload Guidelines

• Photo size: 20KB–50KB
• Signature: 10KB–20KB
• Thumb impression: 20KB–50KB
• Declaration: 50KB–100KB

Ensure clarity and correct format (JPG/JPEG)

Scanning & Upload Instructions

• Set scanner resolution to minimum 200 DPI
• Use JPG/JPEG format
• Crop images properly
• Ensure clarity before upload

Handwritten Declaration

“I, _______ (Name), hereby declare that all the information submitted is correct and valid.”

Must be written in candidate’s own handwriting in English only.

Call Letter Information

Candidates must download call letters from official website.
No physical copies will be sent.

Recruitment Process Notes

• Bank may change exam dates
• Shortlisting based on eligibility
• Decision of bank is final

Misconduct Rules

• Use of unfair means leads to disqualification
• Impersonation is punishable
• Misbehavior during exam leads to ban

Penalties

• Disqualification from exam
• Permanent or temporary ban
• Termination of service (if selected)

Competent Authorities

Certificates must be issued by:

• District Magistrate / Collector
• Revenue Officer (Tehsildar)
• Sub-Divisional Magistrate

SC/ST Certificate Format

Must include:

• Name of candidate
• Community details
• Authorized signature & seal

OBC Certificate Format

• Must include Non-Creamy Layer clause
• Issued by competent authority

EWS Certificate

• Income below ₹8 lakh annually
• Asset limits apply
• Certificate mandatory

PwBD Certificate

• Issued by Medical Board
• Must meet RPWD Act guidelines
• Swavalamban portal applicable

Final Instructions

• Keep documents ready
• Follow official website updates
• No separate communication will be sent

Disclaimer

Bank reserves the right to cancel or modify recruitment process at any stage.

Important Notice

Any false information will result in cancellation of candidature.

Closing Statement

Recruitment governed by Central Bank rules and regulations.
Candidates must comply with all instructions.

Apply Online   Download Notification

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