Chief Risk Officer (CRO)

Job Description

Title: Chief Risk Officer (CRO)

Company Name: NRBC Bank PLC

Vacancy: 1

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• At least 20 years
• The applicants should have experience in the following business area(s): Banks

• Master’s degree in Banking Management (MBM), Business Administration (MBA), Finance, Accounting, Economics, Management or any other relevant discipline from a reputed university.

• Professional qualifications/certifications such FRM, CFA, CA, CMA, ACCA, CIMA, or other recognized qualifications in banking, finance, risk management, or related disciplines will be considered an added advantage.

• Specialized training or certification in as Omega Certified Credit Professional, Enterprise Risk Management, Credit Risk, Basel, ICAAP, Treasury/Market Risk, Operational Risk, or Financial Risk Management will be given preference.

• No 3rd Division/Class or equivalent result in any academic examination will be permissible.

• At least 20 years
• The applicants should have experience in the following business area(s): Banks

Age Limit: Maximum 55 years as on 24/10/2026

Experience Requirements

• Minimum 20 years of professional banking experience, with substantial mainstream banking exposure preferably covering core risk management, Internal Control & Compliance, capital management, branch banking, Core Banking System (CBS), credit risk, market/liquidity risk, operational risk, or other relevant areas.

• Must have at least 3 (three) years of hands-on working experience in Risk Management, in line with Bangladesh Bank requirements. Candidates having longer senior-level experience in Risk Management will be preferred.

• Candidates currently serving or having substantial experience as Chief Risk Officer (CRO), Head of Risk Management Department/Division, Head of Credit Risk Management, or in an equivalent senior risk leadership position in a scheduled commercial bank will be given preference.

• Comprehensive knowledge of Bangladesh Bank’s Risk Management Guidelines for Banks, applicable Basel framework, capital adequacy requirements, ICAAP, stress testing, Risk Appetite Framework, credit risk, market risk, liquidity risk, operational risk, and enterprise-wide risk management.

• Strong understanding of the Bank Company Act, Bangladesh Bank regulations and prudential requirements, risk-based supervision, corporate governance requirements, and other applicable banking laws, regulations, and regulatory directives.

• Proven experience in developing and implementing risk appetite frameworks, risk policies and limits, portfolio monitoring and early warning systems, stress testing, capital assessment, and Management/Board-level risk reporting.

• Strong analytical and decision-making capability with the ability to independently assess complex risk exposures and provide effective challenge to business and other functions.

• The candidate must possess the independence, professional integrity, authority, and sound judgment necessary to discharge the responsibilities of CRO and effectively communicate material risk issues to Senior Management, BRMC, and the Board.

• Excellent leadership, communication, presentation, regulatory liaison, and stakeholder-management skills.

NRBC Bank PLC., one of the fast-growing private commercial banks of the country, committed to maintaining the highest standards of risk governance, financial stability, regulatory compliance, and prudent banking practices, invites applications from competent, experienced, dynamic, and highly professional banking executives for the position of Chief Risk Officer (CRO).

The position is a key leadership role responsible for providing independent oversight of the Bank’s overall risk management framework, strengthening enterprise-wide risk governance, and ensuring that all material risks are identified, assessed, monitored, controlled, and reported in line with the Bank’s approved risk appetite, regulatory requirements, and sound banking practices.

Rank: Executive Vice President (EVP) / Senior Executive Vice President (SEVP)

Location: Head Office, Dhaka

Employment Status: Permanent

Age Limit: Maximum 55 years as on 24/10/2026

Key Responsibilities

• Enterprise Risk Management: Lead and oversee the Bank’s enterprise-wide risk management framework covering credit, market, liquidity, operational, concentration, strategic, reputational, technology/cyber, climate-related and other emerging risks.

• Risk Governance & Risk Appetite: Develop, review, and implement the Bank’s Risk Appetite Framework, risk limits, policies, methodologies, and governance structure in alignment with the strategic objectives of the Bank and regulatory requirements.

• Independent Risk Oversight: Provide independent assessment and oversight of material risk-taking activities of the Bank and ensure effective challenge to business and support functions without compromising the independence of the risk management function.

• Credit Risk Management: Oversee the Bank’s credit risk framework, portfolio quality, concentration risk, sectoral exposure, large exposures, early warning indicators, stress scenarios, and other credit-related risk parameters.

• Market & Liquidity Risk: Ensure effective identification, measurement, monitoring, and control of market and liquidity risks, including interest rate risk, foreign exchange risk, liquidity gaps, and other balance-sheet risks.

• Operational Risk Management: Strengthen the operational risk management framework covering process, people, systems, fraud, business continuity, outsourcing, technology, cyber and other operational risk exposures.

• Risk Policies & Frameworks: Formulate, review, and update risk management policies, frameworks, limits, procedures, and control standards in accordance with Bangladesh Bank guidelines, applicable laws and regulations, and internationally accepted risk management practices.

• ICAAP & Stress Testing: Lead and coordinate the Bank’s Internal Capital Adequacy Assessment Process (ICAAP), enterprise-wide stress testing, risk assessment, capital planning, and related regulatory submissions.

• Basel & Capital Adequacy: Ensure effective implementation of applicable Basel requirements and Bangladesh Bank instructions relating to capital adequacy, risk-weighted assets, risk governance, and supervisory review.

• Portfolio Monitoring & Early Warning: Establish robust portfolio monitoring and early warning mechanisms to identify deterioration in asset quality, emerging concentrations, vulnerable sectors, and other material risk trends and ensure timely escalation and corrective measures.

• Risk Reporting: Prepare and present comprehensive risk reports, dashboards, risk profiles, limit-utilization reports, stress-testing results, and emerging-risk assessments to the Managing Director & CEO, relevant Management Committees, Board Risk Management Committee and Board of Directors, as applicable.

• Regulatory Compliance & Liaison: Ensure compliance with Bangladesh Bank directives and other applicable regulatory requirements relating to risk management and maintain effective liaison with regulators, auditors, rating agencies, and other relevant stakeholders on risk-related matters.

• New Products & Strategic Initiatives: Provide independent risk assessment for new products, business initiatives, digital banking solutions, major investments, outsourcing arrangements, and other strategic proposals before implementation.

• Risk Culture: Promote a strong risk culture across the Bank by strengthening risk awareness, accountability, ownership, and prudent decision-making at all levels.

• Emerging Risks: Continuously assess emerging risks arising from digital transformation, cyber threats, climate change, macroeconomic developments, regulatory changes, geopolitical events, and evolving banking practices and recommend appropriate mitigation strategies.

• Risk Management Team Leadership: Lead, develop, and strengthen the Bank’s risk management function by ensuring appropriate organizational structure, competent manpower, effective systems, analytical capability, and succession planning.

• Strategic Advisory: Advise the Board, Board Risk Management Committee, Managing Director & CEO, and Senior Management on material risk exposures, risk-return considerations, capital implications, and measures necessary to maintain the Bank’s resilience and sustainable growth.

• Independent Risk Management Function: Lead the Bank’s independent Risk Management Department (RMD) with sufficient stature, authority, resources, and organizational independence to effectively discharge the Bank’s enterprise-wide risk management responsibilities.

• Board & BRMC Reporting: Have direct access to the Board of Directors and report directly to the Board/Board Risk Management Committee (BRMC) on key and material risk issues, with appropriate communication to the Managing Director & CEO in accordance with Bangladesh Bank guidelines.

• Independence from Business Functions: Maintain independence from all business verticals of the Bank. The CRO shall not have any reporting relationship with business verticals and shall not be assigned any business target.

• Executive Risk Management Committee: Lead/coordinate the Bank’s Executive Risk Management Committee (ERMC) in accordance with Bangladesh Bank guidelines and ensure effective implementation and follow-up of decisions relating to material and critical risks.

• Regulatory Risk Reporting: Ensure timely preparation, review, and submission of applicable risk management reports, Risk Appetite Statement, stress-testing reports, and other regulatory risk reports/returns in accordance with Bangladesh Bank requirements.

• Financial Benefits: Attractive and competitive compensation package