Job Description

State Mortgage & Investment Bank Career Opportunities

Unleash Your Potential with the Leader in Housing Finance! The State Mortgage & Investment Bank (SMIB), the premier housing bank to the Nation, is driving a bold operational transformation designed to deliver unparalleled customer experiences and a cutting-edge suite of financial solutions. To fuel this next chapter of growth, we invite visionary, dynamic, and goal-oriented professionals to step into pivotal leadership roles. If you possess the drive to challenge the status quo, achieve ambitious business goals, and shape the financial landscape of Sri Lanka, SMIB is your platform to excel.

Chief Manager (Risk Management)

Key Responsibilities

Lead the Risk Management perspective of the bank by establishing integrated risk management framework in terms of reviewing policies on credit risk, marketing risk and operational risk in order to inculcate risk management culture and ensure bank profitability by adhering to CBSL circulars, directions and internal standards and prepare and monitor risk mitigation action plans and risk reporting to the BIRMC.

Qualifications

• 1. A Bachelor's Degree in Economics, Statistics, Commerce, Mathematics, Business Administration, Management, Banking, Accountancy, or Law, awarded by a University recognized by the University Grants Commission (UGC) with Master’s Degree from a UGC recognized university or Associate Membership of Global Association of Risk Professionals (GARP) / Professional Risk Managers’ International Association (PRIMA) / CIMA-UK / ACCA-UK / CFA
• 2. Associate Membership of Global Association of Risk Professionals (GARP) / Professional Risk Managers’ International Association (PRIMA) / CIMA-UK / ACCA-UK / CFA with Master’s Degree from a UGC recognized university or Associate Membership of Global Association of Risk Professionals (GARP) / Professional Risk Managers’ International Association (PRIMA) / CIMA-UK / ACCA-UK / CFA with Master’s Degree from a UGC recognized university.
• 3. Full (Fellow) Membership of a recognized professional Chartered Institute in the related field to the post.

Experience and Exposure

A minimum of Ten (10) years’ in the Managerial capacity experience which Five (5) years should be in the field of risk management at senior level in a reputed Bank/Financial Institution /large scale Corporation.

Remuneration

Salary Scale- Rs. 211,260 - 5,490 x 12 - 277,140/- per month together with bank approved allowances (10% Allowance, Cost of Living & Rent Allowance). Approximately monthly gross salary will be Rs. 355,000.00

Age

Not more than 50 years (However the age limit will not apply to those already employed in a state sector organization)

Closing Date for Applications

- 25.10.2026

General Conditions

Method of Selection - Inviting applications as per the recruitment policy and procedure of the Bank.

Selection by an Interview

How to Apply

Interested qualified candidates should send their Curriculum Vitae and copies of their Educational/Professional transcripts and the names, addresses and contact numbers of two professional non-related referees via the below email address.

All applications will be treated in strict confidential and any form of canvassing will be regarded as a disqualification. The Bank reserves the right to decide the selection, postponement or cancellation of recruitment or any other action and/or change the selection criteria for this recruitment. The decision of the Board of Directors will be final and conclusive.

Applications should only be sent via careers@smib.lk

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