Chief Risk Officer (CRO)

Job Description

Title: Chief Risk Officer (CRO)

Company Name: The Premier Bank PLC

Vacancy: --

Age: At most 55 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 15 years

• 4-year graduation in any discipline from a reputed university with no third class/division or equivalent CGPA in the academic record. Having Postgraduate degree will be considered an added advantage.

• Professional certification such as CRMA/ CRMP/ FRM will be considered an added advantage.

• At least 15 years

• Age At most 55 years

• Minimum 15 years of banking experience, with at least 3 years in a senior risk management role.

• In-depth knowledge of Basel framework, Bangladesh Bank regulations, and International Risk Management practices.

• Age not exceeding 55 years as of September 15, 2025.

The Premier Bank PLC., with the network of 136 branches and 67 sub-branches across the country, is on a growth trajectory to expand its network and services nationwide. As part of its commitment to corporate goals, financial inclusion, good governance, and ensure compliance with regulatory guidelines and international best practices, the Bank is looking to hire dynamic and committed professional as Chief Risk Officer.

Job Responsibilities:

• To oversee the development and implementation of the bank’s risk management functions as a primary role;

• To support the Board of Directors/Board’s Risk Management Committee in its development of the bank’s risk appetite and for translating the risk appetite into a risk limits structure;

• To actively engage with the management in the process of setting risk appetite and limits for the various business lines with a view to achieve bank’s overall strategic planning and monitoring their performance relative to risk-taking and limit adherence;

• To contribute and participate in key decision-making processes (i.e. strategic planning, capital and liquidity planning, new products and services, compensation design and operation);

• To manage the implementation of all aspects of the risk function, including implementation of processes, tools and systems to identify, measure, manage, monitor and report risks;

• To assist in the development of and manage processes to identify and evaluate business risks and control them;

• To manage the process for developing risk management policies and procedures, risk limits and approval authorities;

• To monitor major and critical risk issues independently with full empowerment;

• To communicate views of the board and senior management throughout the bank;

• To adopt proper financial protection measures through risk transfer, risk avoidance, and risk retention programs;

• To provide opinion regarding extent of risk in case of credit proposal for big amounts (to be set by the bank) before submission to EC/board for sanctioning;

• To ensure proper compliance of BB’s recommendations regarding risk issues including all core risks;

• To provide a methodology to identify and analyze the financial impact of loss to the organization, employees, the public, and the environment;

• To disseminate information and strategies to personnel regarding emerging risk issues and industry specific risks;

• To implement environmental and social (E&S) safeguard for the asset portfolio;

• To oversee the information security aspects for the bank;

• To ensure arrangement of ERMC meeting on monthly basis wherein top management team shall address, discuss and resolve risk issues across the bank;

• To ensure proper disclosure of key performance indicators of the bank via Pillar III of Basel III accords;

• To organize Annual Risk Conference with the participation of all the branch managers and deputy branch managers including the officials related to risk issues.

• Attractive compensation package including Group Insurance coverage

• A professional and friendly working environment

• Clear career progression opportunities