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Chief Executive (Co-operative Bank) job description

A Chief Executive of a co-operative bank runs the bank on behalf of its board and members. They set strategy, drive deposits and lending, keep the bank compliant with RBI norms and protect members' money. The role reports to the Board of Directors. A good Chief Executive grows the bank soundly, keeps bad loans low, meets every regulatory requirement and earns the trust of members and the regulator through prudent, transparent management of a member owned institution.

DetailFor this role
DepartmentBanking and NBFC
LevelSenior management
Reports toBoard of Directors
Direct reportsGeneral Manager, Head of Credit, Branch Operations Manager
Experience15+ years in banking with 5 years in senior leadership

Chief Executive (Co-operative Bank) job description template

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Job title: Chief Executive (Co-operative Bank)

Department: Banking and NBFC

Reports to: Board of Directors

Location: [City], [office, branch or site]

About the role

A Chief Executive of a co-operative bank runs the bank on behalf of its board and members. They set strategy, drive deposits and lending, keep the bank compliant with RBI norms and protect members' money. The role reports to the Board of Directors. A good Chief Executive grows the bank soundly, keeps bad loans low, meets every regulatory requirement and earns the trust of members and the regulator through prudent, transparent management of a member owned institution.

Key responsibilities

  • Set and drive the bank's business strategy for deposits, lending and growth.
  • Ensure full compliance with RBI norms, banking regulations and cooperative laws.
  • Oversee credit, recovery and asset quality to keep bad loans low.
  • Manage liquidity, investments and the overall financial health of the bank.
  • Lead the management team and branch network to their targets.
  • Present performance, risks and plans to the board of directors.
  • Strengthen governance, internal controls and audit across the bank.
  • Build member trust and grow the member and customer base.
  • Oversee technology, security and service quality across all bank branches.
  • Handle regulatory inspections, audits and reporting to the authorities on time.

Requirements

  • Postgraduate in banking, finance or management
  • CAIIB or banking certification is an advantage
  • Senior banking leadership experience
  • 15+ years in banking with 5 years in senior leadership

KRAs and KPIs for a Chief Executive (Co-operative Bank)

Key result areas for the appraisal form, each with a KPI you can measure every month or quarter.

Key result areaHow to measure it
Business growthDeposits and advances grow to meet the annual plan
Asset qualityGross non performing assets held within the approved limit
Regulatory complianceNo major RBI or statutory compliance breach during the year
ProfitabilityNet profit and capital adequacy meet the board's targets
GovernanceClean audit and inspection outcomes with findings closed on time
Member trustMember and customer base grown against the previous year

Skills and tools

Banking strategyRBI complianceCredit and riskTreasury and liquidityGovernanceLeadershipRegulatory relationsFinancial managementMember relations

Tools used day to day: Core banking system, MIS and reporting tools, Regulatory reporting portals, Advanced Excel, Risk systems.

Reporting line and career path

Board of DirectorsChief Executive(Co-operative Bank)General ManagerHead of CreditBranch OperationsManager
Moves up from: General Manager, Head of Credit, Regional Business Head (NBFC)
Next roles: Managing Director, Board Member, Banking Consultant

Interview questions for a Chief Executive (Co-operative Bank)

  1. How do you grow a co-operative bank while keeping bad loans low?
  2. How do you keep the bank compliant with RBI norms?
  3. How do you manage liquidity and investments prudently?
  4. How do you handle an RBI inspection with findings?
  5. How do you balance member expectations with sound banking?
  6. How do you strengthen governance in a co-operative bank?

Managing a Chief Executive (Co-operative Bank) in ZeniaHR

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Frequently asked questions

What does a Chief Executive of a co-operative bank do?

A Chief Executive of a co-operative bank runs the bank for its board and members. They set strategy, drive deposits and lending, keep the bank compliant with RBI norms, manage liquidity and asset quality and lead the branch network. They protect members' money and report to the Board of Directors.

How is a co-operative bank different from a commercial bank?

A co-operative bank is owned by its members rather than shareholders and often serves a local community or group. It follows RBI norms and cooperative laws and works on cooperative principles. A commercial bank is a company owned by shareholders. Governance, ownership and focus differ between the two.

What qualifications does this Chief Executive need?

Most co-operative bank Chief Executive roles ask for a postgraduate in banking, finance or management with senior banking leadership experience and fifteen or more years in banking. A CAIIB or banking certification is an advantage, along with strong command of RBI compliance, credit and governance.