Now Reading: Punjab & Sind Bank seeks Chief Compliance Officer on contract
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Punjab & Sind Bank seeks Chief Compliance Officer on contract
Punjab & Sind Bank has invited online applications for one post of Chief Compliance Officer (CCO) on a fixed contractual tenure of minimum three years, extendable at the bank’s discretion. Candidates must be graduates from a recognised university, possess CAIIB qualification, and have at least 15 years in banking or financial services, with five years in Audit, Finance, Compliance, Legal, or Risk Management. The age limit is a minimum of 40 years and less than 55 years as on 1 October 2026.
Compensation and terms are negotiable based on candidate suitability. The contract does not include PF, gratuity, or pension, and the selected officer is entitled to 30 days of paid leave per calendar year. Applications can be submitted online through the bank’s website from 15 October 2026 to 30 October 2026. Selection will involve preliminary scrutiny, shortlisting, and personal interview before a Selection Committee.
Indian Opinion Analysis
Punjab & Sind Bank has opened a single contractual post for Chief Compliance Officer, a role mandated to manage regulatory and conduct risks, with direct RBI compliance responsibility. The minimum three-year term and negotiable pay reflect the bank’s need for flexibility, but the contract excludes PF, gratuity, and pension, making it less attractive for career employees despite the seniority of 15 years’ experience required. The 15 October 2026 application window runs until 30 October 2026, with selection by interview, leaving little time for candidates to prepare. The bank will measure suitability through negotiation rather than published salary scales.
Source: freejobalert.com
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