CBI SO Risk Management Recruitment 2026

Central Bank of India (CBI) has released notification for 26 Specialist Officer posts in Risk Management streams. Candidates with B.E./B.Tech, MBA, or Chartered Accountant qualification can apply online. Last date to apply is 30 April 2026. Salary ranges from Rs. 64,820 to Rs. 1,20,940 per month (basic pay) depending on the scale.

Central Bank of India (CBI) SO Risk Management Recruitment 2026 - 26 Posts

Central Bank of India (CBI), a leading public sector bank with a PAN India network of more than 4,500 branches, has released a separate notification for 26 Specialist Officer posts across 5 Risk Management streams: Analytics & Model Risk, Asset Liability Management, Digital Risk Management, Enterprise Risk, and Market Risk. This is a specialized recruitment for risk management professionals in banking and is separate from the earlier 275-post IT & Specialist Officers recruitment. Experienced professionals in banking risk management, financial analytics, and related fields should apply.

Vacancy Breakdown by Stream

• Analytics and Model Risk (Scale IV/III): 6 posts
• Digital Risk Management (Scale III/II): 8 posts
• Asset Liability Management (Scale III/II): 5 posts
• Enterprise Risk (Scale III): 5 posts
• Market Risk (Scale III/II): 2 posts

Category-wise Breakdown:

• Unreserved (UR): 13
• OBC: 7
• SC: 3
• EWS: 2
• ST: 1
• PwBD (Orthopedically Challenged): 1 (in Digital Risk Management)

Who Can Apply?

Analytics and Model Risk (Scale IV/III)

• Qualification: Bachelor's degree in Mathematics or Statistics. Or B.E./B.Tech in Data Science, IT, Computer Science, or Software Engineering.
• Preferred: MBA / PGDM / PGDBM / PGDBA in Finance, or Post Graduate Degree in Statistics, Mathematics, Economics, or Econometrics.
• Preferred Certifications: FRM by GARP, RAI by GARP, PRM by PRIMA, CFA, CQF, or any certification in ML/AI/NLP.
• Experience (Scale IV): Minimum 5 years post-qualification experience in quantitative/risk analytics/model validation in commercial banks, NBFCs, or investment banks.
• Experience (Scale III): Minimum 3 years post-qualification experience in similar roles.

Asset Liability Management (Scale III/II)

• Qualification: B.E./B.Tech in IT/Computer Science/Software Engineering, or Post Graduate Diploma in Management, or MBA, or Chartered Accountant.
• Desirable Certifications: FRM (GARP), PRIMA, Risk Management from IIBF/NIBM/CISI.
• Experience (Scale III): 4 years total, including at least 3 years in Risk Management in banks/NBFCs.
• Experience (Scale II): 3 years total, including at least 2 years in Risk Management in banks/NBFCs.

Digital Risk Management (Scale III/II)

• Qualification: Bachelor's degree in Computer Science, IT, or Cybersecurity.
• Preferred: Master's degree (MBA, MSc in IT Security, or Risk Management).
• Preferred Certifications: CISA, CISM, CRISC, CISSP.
• Experience (Scale III): 4 years total, including 3 years in Risk Management in banks/NBFCs.
• Experience (Scale II): 3 years total, including 2 years in Risk Management in banks/NBFCs.

Enterprise Risk (Scale III)

• Qualification: B.E./B.Tech in IT/Computer Science/Software Engineering, or PG Diploma in Management, or MBA, or CA.
• Desirable Certifications: FRM (GARP), PRIMA, Risk Management from IIBF/NIBM/CISI.
• Experience: 5 years total, including at least 3 years in Risk Management in banks/NBFCs/RRBs.

Market Risk (Scale III/II)

• Qualification: B.E./B.Tech in IT/Computer Science/Software Engineering, or PG Diploma in Management, or MBA, or CA.
• Desirable Certifications: FRM (GARP), PRIMA, Risk Management from IIBF/NIBM/CISI.
• Experience (Scale III): 4 years total, including 3 years in Risk Management in banks/NBFCs.
• Experience (Scale II): 3 years total, including 2 years in Risk Management in banks/NBFCs.

Eligibility cutoff date for qualifications, age, and experience is 28 February 2026. Experience of less than 6 months in an organization will not count, unless it is part of current employment.

Age Limit

• Scale IV: 20 to 45 years (as on 28 February 2026)
• Scale III: 20 to 35 years (as on 28 February 2026)
• Scale II: 20 to 35 years (as on 28 February 2026)
• SC/ST: 5 years relaxation
• OBC (Non-Creamy Layer): 3 years relaxation
• PwBD (Divyangjan): 10 years relaxation (maximum upper age 56 years)
• 1984 riots victims: 5 years relaxation
• Ex-servicemen: 5 years relaxation

Salary

• Scale IV (Chief Manager): Basic pay Rs. 1,02,300 to Rs. 1,20,940 per month
• Scale III (Senior Manager): Basic pay Rs. 85,920 to Rs. 1,05,280 per month
• Scale II (Manager): Basic pay Rs. 64,820 to Rs. 93,960 per month
• You will also get DA, HRA, and other perquisites/allowances as per the Bank's policy.

Application Fee

• SC / ST / PwBD / Women: Rs. 175 (Intimation charges only, inclusive of GST)
• All Other Candidates: Rs. 850 (Application fee + Intimation charges, inclusive of GST)
• Payment Mode: Online only (payable from 09 April to 30 April 2026)
• Fee is non-refundable.

Selection Process

The selection will be done in 2 stages:

1. Online Written Exam: 100 objective-type (MCQ) questions for 100 marks. Duration is 90 minutes. No negative marking. Qualifying marks: 50% for General/EWS and 45% for SC/ST/OBC/PwBD.
2. Interview: Conducted for 100 marks. Qualifying marks: 50% for General/EWS and 45% for SC/ST/OBC/PwBD.

Final merit = Written Exam (70% weightage) + Interview (30% weightage). The exam is tentatively scheduled for May 2026.

How to Apply

1. Go to the IBPS registration portal at ibpsreg.ibps.in/cbirmsmar26/.
2. Click on "Click here to Apply Online" and fill in your basic information.
3. Note down your Provisional Registration Number and Password.
4. Upload your photograph, signature, left thumb impression, and handwritten declaration.
5. Capture and upload a live photograph using webcam or mobile phone.
6. Pay the application fee online.
7. Click "Complete Registration" and take a printout of the application.

You also need a minimum CIC (Credit Information Company) score of 650. Selected candidates must execute an indemnity bond of Rs. 3,00,000 for 3 years.

Important Dates

• Notification Date: 08 April 2026
• Online Application Start: 09 April 2026
• Last Date to Apply Online: 30 April 2026
• Last Date for Fee Payment: 30 April 2026
• Tentative Exam Date: May 2026
• Tentative Interview Date: June 2026

• Develop and maintain models for ALM, credit risk (PD, LGD, EAD), rating scorecards, and behavioural models
• Assess and monitor risks across IT infrastructure, applications, digital channels, and data
• Prepare risk frameworks for enterprise-wide identification, measurement, and mitigation of operational, market, and credit risks
• Handle regulatory reporting to RBI on risk management metrics, capital charges, and compliance items
• Conduct stress testing, scenario analysis, and model validation to evaluate robustness and resilience
• Monitor market risk exposures including VaR, yield curves, and forex portfolio risks
• Manage business continuity plans (BCP), disaster recovery strategies, and IT risk activities
• Prepare dashboards, reports, and analytical insights for senior management and board-level presentations