J&K Bank- a leading Bank promoted by the state government of Jammu and Kashmir  functions as a universal bank in the J&K state and as a specialized bank in the rest of the country. The bank enjoys a very strong franchise in the state where it is also designated as RBI’s agent for carrying out banking business of the Central and State Government. The Bank invites applications for the following key positions in the top management on contractual basis for 2 years at remuneration commensurate with the candidate profile.

Important Dates:

  1. Online Registration of Job application and online fee payment: 10.03.2018 to 25.03.2018
  2. Duly completed applications in the prescribed format with enclosures ( Experience, DOB Certificates etc.) by speed post or registered post superscripting the name of the post on the envelope at the following address:-

Executive President – HR
The Jammu and Kashmir Bank Ltd.
Human Resource Development Division
Corporate Headquarters
M.A. Road Srinagar, 190001

Please note that:

  • The fee of Rs.2500/- for Registration needs to be deposited with the Bank through Online mode to complete the process.
  • Before applying, candidates are requested to ensure that they fulfil the eligibility criteria for the post as on 31/03/18. Admission to interview/ evaluation will be purely provisional without verification of documents. Candidature will be subject to verification of details/documents when the candidate reports for interview, if called.
  • Contractual positions hired for 2 years, subject to continuation or confirmation as per the discretion of the J&K Bank Management.
  • Candidates are advised to check Bank's website www.jkbank.com for details and updates. No intimation will be sent in hard copy.

Details of Positions available for Recruitment

1. Chief Transformation Officer - CTrO (Location: Mumbai/Srinagar)

Job Description: J&K Bank has embarked on a journey of growth, enabled by digital, technology, Business Process Reengineering and HR transformation. The Bank intends to set up a Transformation Management Office (TMO) reporting directly to the Chairman and CEO. The CTrO shall provide timely and relevant advice to ensure that Transformation journey of J&K Bank 2022 achieves its key objectives and goals through effective management of the transformation exercise and management of the change without any adverse impact on the business performance of the organization. The role shall be part of Chairman’s Office.

  • Proven managerial and leadership expertise / experience of 20 years in managing bank operations.
  • Experience of 8-10 years in driving large Transformation/ Innovation Projects in the financial services sector is preferable.
  • Age upto 65 years as on 31/03/2018.

2. Head, Treasury Strategy and Planning (Location: Mumbai)

Job Description: Identify and analyze business opportunities for treasury operations, develop strategic business development programs to promote growth in treasury business portfolio and support in transforming treasury into a strong profit making center. The role shall be part of Chairman’s Office.


  • Proven managerial and leadership expertise with 15+ years of experience of working across different treasury desks preferably as Head Treasury/ Chief Dealer/ Fund Manager.
  • Age upto 65 years as on 31/03/2018.

3. Advisor, Corporate Credit (Location: Mumbai)

Job Description: Advise the Corporate Banking vertical and the centralized Corporate credit processing units in developing best in class and corporate credit policies and underwriting processes, managing the bank’s Corporate Portfolio in line with strategic objectives and mitigating the risk of exposure and create case-by-case strategy for resolution & recovery of stressed assets by engaging with external stakeholders and work towards quick resolution and settlement of the accounts. Additionally recommend strategy for building corporate credit capabilities and evaluate high value corporate loans as member of the Corporate Credit Committee under the chairpersonship of the Chairman. The role shall be part of Chairman’s Office.

  • Proven managerial and leadership expertise with 18-20 years of broad industry experience in credit operations, supervision and control, audit, risk or finance.
  • Age upto 65 years as on 31/03/2018.

Key Accountabilities

Chief Transformation Officer (CTrO);

    Transformation Strategy
  • Participate in the creation of the annual business Plan for J&K Bank in line with the transformation journey of the bank so that the same is in synchronization with the change efforts
  • Create and manage the change agenda for the entire transformation journey in close coordination with all stakeholders along with timely review of progress for each project as per defined timelines
  • Review and recommend changes in existing policies and procedures impacting the transformation projects
  • Change Management
  • Develop a clear vision for what the transformation program is trying to achieve; ensure leaders are actively driving the vision to create the right climate and execution teams are adopting it
  • Engage and enable project teams for design and effective communication of the transformation efforts to specific stakeholders and the entire organization for smooth implementation of projects
  • TMO Operations
  • Define Transformation Portfolio by defining criteria and process for accepting new projects as part of TMO; define the scope and action plan for execution of the same along with the initiating department
  • Monitor strategic projects’ plans through regular review sessions, update/issue resolution meetings, team discussions, and on-ground visits.
  • Identify and continuously monitor internal/external roadblocks which will adversely impact the transformation execution and planning; proactively conduct source case analysis and develop solutions for the same
  • Ensure design of enablers and accelerators (tools and templates) for transformation management
  • Manage Interdependencies between stakeholders
  • Create a framework for capturing dependencies across departments/projects, identifying overlaps of responsibilities/accountabilities for alignment with business and support function stakeholders.
  • Periodically review key metrics for monitoring the adoption of handed over projects/systems/products and determine intervention and actions to course correct.
    Capability Development
  • Ensure effective resource management including infrastructure updation, workforce transitions, capability development to enable success of the ongoing projects
  • Create and implement a framework for providing training to project teams to execute the ongoing projects and make them future ready
  • Oversee creation of knowledge repository of learnings during the transformation exercise and assembly of implementation documentation for smooth handing over of projects on completion.
  • Talent and Culture Development
  • Direct the process of effective department performance, overseeing performance management, training and development of staff to ensure high level of engagement and a motivated work environment
  • Promote a culture of change adoption and continuous improvement.


Head, Treasury Strategy and Planning

    Strategy Formulation and Planning
  • Formulate and advise on the development and execution of the 5 year Treasury & Forex strategy in line with JK Bank’s vision, mission and corporate objectives
  • Monitor translation of Treasury & Forex strategy into annual operational business plans within the defined budgetary limits.
  • Policy Formulation and Budgeting
  • Review and develop department policies as well as benchmark, update and maintain the same to align the operational activities to the bank’s existing policies, government regulations and industry best practices
  • Advise the treasury department on the impact of guidelines issued by regulators on the processes to be followed for Forex products
  • Assist in creation of the Treasury & Forex budget in a timely manner and it’s submission to the budgeting committee.
  • Review and recommend changes to the investment policies based on the market conditions
  • Operational Excellence
  • Recommend best practices to develop operational excellence, set service quality standards and improve service deliverable to customers
  • Capability building
  • Identify and deploy training and  development interventions for creating the next generation treasury team of J&K Bank
  • Promote a culture of excellence and continuous improvement.

Advisor, Corporate Credit;

    Corporate Credit Process & Policy Formulation
  • Formulate and advise on the development and execution of the action plan for corporate credit lending and to address the resolution and recovery of NPAs in the bank within a defined timeline;
  • Review and advise on amending the Loan recovery Policy to suit the needs of the Bank and to keep NPAs under control targets.
  • Develop and recommend best in class corporate credit underwriting policies and processes as well as plans for building Bank’s corporate portfolio in line with strategic objectives and achievement of business targets.
  • Recommend suitable early warning system to enable the corporate banking function to assess the risk from exposure of bad loans
  • Resolution and Recovery of NPA
  • Analyze NPAs, ascertain the legitimacy of the claim and recommend the institution of the collection process accordingly
  • Recommend upon the best suited way for resolution strategy out of available options keeping in organizational strategic direction in mind (Sale to ARCs, Settlement or Legal recourse)
  • Assist in negotiations with the key stressed groups to push for resolution and negotiate the terms for resolution
  • Engage with the peers within the control groups (Legal, Compliance, CFO) to build alignment towards the desired resolution plan on a case-to-case basis
  • Reporting to Internal/External Stakeholders
  • Analyze and assess the corporate credit portfolio to advise management on portfolio trends and credit policy matters
  • Assist the Corporate Banking function in successfully complying to the observations of CAG/Statutory/RBI audit
  • Talent and Culture Development
  • Develop and implement talent strategy for building corporate credit capabilities
  • Promote a culture of excellence and continuous improvement.

Executive President – HR