You are on page 1of 4
From Indian Overseas Bank Human Resources Development Depariment Central Office Chennai Transient Series (Fie F| Circular No: To All Indian Branches) Regional Oifices/ Central Office Departments The Reserve Bank of India has conslituled a “Committee on Coracity Building” with an objective of implementing nonlegisative recommendations of the Financial Sector Legisiative Reforms commission (FSLRC), relating 10 capacity building in banks ond suggested changes thereto, in view of ever Increasing ‘challenges in banking and non-banking sector. Based on the recommendations made by the committee, Bonk Board has approved the following specialized areas where Officers (upto the Scale Vi), should acquite the requisite certiication/ dipioma/ degree from accredited institute in their rea ot work. 1) Treasury operations — Dealers, mic-office operations. 2) Risk Management - Cred isk, market risk, operational rk, enterprise-wide tsk, information secutly, liquidity risk. 3) Accounting - preparation of financial results, audit function 4) Foreign Exchange 5) Credit Management ~ Crecit appraisal, rating, sanctioning, monitoring, credit administration, 6) HR Management 7) Morea tke Quality assurance/ IS aucit/ cyber secutty etc. 8) Marketing - Wealth Management/ Mutual Fund/ Insurance products ete. (Our Bank has identified indian Institute of Banking & Finance |IIB&F}, Mumbai as one of the accredited institute for acquiting the certification couse olfered by the institute on Identiied specialized areas. Presently, BAF Is offering cettlication for four courses namely Teasuy, Foreign Exchange, Risk Management and Credit Management out of the specioted oreas as mentioned above. For cerlification courses in other identifed areas, « detailed circular wil be sued at a later date on identification anc approval of accredited institute. SNo| Areas where | Courses offered by IBF | Mandalory for Staff cottfication has ‘Members working in the bbeen identified __following areas: 1 [Foreign | Cofiiied couse in Foreign | Officers upto Scale Vi exchenge Exchange Fees Level -|: | working in Forex Dept. (Online Exam Rs.1000/- (for | Authorized Decler (AD) fist attempt) + foxes branches and CFEPC, ___| Chennai 2 (Credit Corliied Credit Officer | Officers upio Scale Vi Management | course(blended course-on | working in branches line examination and § | identified os Large, Very days closs room training) _| Large, Extte - Large, Fees Level =: Online Exceptionaly Large Exam Rs.6000/- (for frst | branches, Large attempt) + foxes Corporate Branches and Level - Classroom Credit Dept, CO. raining: Nofees Risk Cerificate Examination in| Officers upio Scale Vi Management | Riskin Financial Services in | working os Rsk Managers 3 collaboration with at ail Regional Offices and Chartered institute for | Officers in Fisk Securities & invesiment | Management (Cis|London}Fees Level - | Department, CO. Online Exam Rs.2500/- Cor fist attempt) + taxes Level I Training stering Pound 105-(For fist attempt) (Conducted oy Chartered institute for Securities & Investment (Cis), London) a [Treasury Cerlifed Treasury Dealer | Officers ups Scale Vi ‘operations (blended course-onine | working in Teasury ‘examination and 3 days

You might also like