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Recruitment of Assistant General Manager, Chief Manager & Managers

Bank invites applications from Indian Citizens for the aforesaid posts.
Before applying, candidates are advised to ensure that they fulfill the stipulated eligibility
criteria.


 


Eligibility Criteria :

1. Chief Technology Officer (TEGS VI): (No. of Vacancies – 1)
 i. Age: 42-52 years as on 30.04.2018

ii. Qualification:
              a. Essential: First class Graduate in Electronics/I.T Engineering/I.T Systems Engineering/ Computer Science /MCA from a Govt. recognized University / Institute in India.
 b. Desirable: Post-Graduation or higher qualifications in areas relevant to the role will be given preference.
c. Graduation and Post-Graduation must be full time and regular

  iii. Experience:
In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and have at least 15 years of experience in Banking Operations, out of which 10 years’ experience in the field of Information Technology of which at least 3 years’ combined experience as Scale IV and Scale V, with minimum 1 year experience in Scale V i.e. AGM is mandatory.
OR
Other than PSBs: A minimum of 20 years of experience in the field of IT business / industry. Extensive experience in managing IT infrastructure and operations at a senior level as well as demonstrated capabilities in project management and proven ability to lead large teams is essential.

The equivalence of the post held by a candidate to that of similar post at the Bank will be decided internally. The Bank’s decision in this regard will be final and binding on the applicants.


2. Chief Financial Officer (TEGS VI): (No. of Vacancies – 1)
i. Age: 42-52 years as on 30.04.2018
  ii. Qualification:
 a. Essential: A qualified Chartered Accountant / Cost Accountant / MBA (Finance) from a Govt. recognized University / Institute in India.
b. Graduation and Post-Graduation must be full time and regular
iii. Experience:
In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and have at least 15 years of experience in Banking Operations, out of which atleast 5 years’ experience in the field of Accounts. Out of that atleast 3 years’ combined experience as Scale IV and Scale V, with minimum 1 year experience in Scale V i.e. AGM is mandatory.
OR
Other than PSBs: Minimum of 15 years in overseeing financial operations in domestic / foreign Banks/ FIs / reputable financial companies / financial services organizations / reputed public or private corporate post acquiring Chartered Accountant / Cost Accountant / MBA (Finance) qualification of which a minimum of 5 years should be as a full time Chief Financial Officer or Deputy to Chief Financial Officer or an equivalent position in a regular capacity and not in a contractual / adhoc capacity.                               The equivalence of the post held by a candidate to that of similar post at the Bank will be decided internally. The Bank’s decision in this regard will be final and binding on the applicants.


3. Chief Risk Officer (TEGS VI): (No. of Vacancies – 1)
i. Age: 42-52 years as on 30.04.2018
ii. Qualification:
a. Essential: A Post Graduate in Applied Statistics/ Statistics/ Economics/ MBA (Finance) from a Govt. recognized University / Institute in India.
b. Desirable: Preference shall be given to additional professional qualifications like FRM/CFA/CA/ICWA.
c. Graduation and Post-Graduation must be full time and regular
iii. Experience:
In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and have at least 15 years of experience in Banking Operations out of which at least 5 years in Risk management department, of which at least 3 years’ combined experience as Scale IV and Scale V, with minimum 1 year experience in Scale V i.e. AGM is mandatory.
OR
Other than PSBs: A Minimum 20 years of experience with a Bank (India or Abroad) / Financial Institution of which minimum 5 years with substantial exposure to Credit Risk, Market Risk, Operational Risk & Regulatory Risk. Exposure to Analytics, Reputational Risk, Information Security Risk and Enterprise Risk will be added advantage.
The equivalence of the post held by a candidate to that of similar post at the Bank will be decided internally. The Bank’s decision in this regard will be final and binding on the applicants.


4. Deputy General Manager- Credit (TEGS VI): (No. of Vacancies – 1)
i. Age: 42-52 years as on 30.04.2018
    ii. Qualification:
a. Essential: Chartered Accountant / ICWA/ First class Post Graduate in Statistics/ Applied Statistics/ Economics from a Govt. recognized University / Institute in India.
b. Graduation and Post-Graduation must be full time and regular
iii. Experience:
In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and have at least 15 years of experience in Banking Operations, out of which at least 5 years’ experience in the field of Credit. Out of this at least 3 years’ combined experience as Scale IV and Scale V, with minimum 1 year experience in Scale V i.e. AGM is mandatory.
OR
Other than PSBs: A Minimum 15 years of experience in Banking Operations of Financial Services Industry, out of which at least 10 years’ experience in Credit Department.
The equivalence of the post held by a candidate to that of similar post at the Bank will be decided internally. The Bank’s decision in this regard will be final and binding on the applicants.


5. Assistant General Manager- Law (SMGS V): (No. of Vacancies – 1)
i. Age: 35-45 years as on 30.04.2018
 ii. Qualification:
a. Essential: Degree in Law (3 years/ 5 years) from a Govt. recognized University / Institute in India. Post Graduate degree in Law will be preferable.
b. Graduation and Post-Graduation must be full time and regular
 iii. Experience:

In PSBs: Candidate must be enrolled as Advocate with Bar Council and must be in Scale IV (CM) and have at least 10 years of experience as Law Officer in Public Sector Bank in the Legal Department out of which at least 3 years’ combined experience as Scale III and Scale IV, with minimum experience of 1 year is mandatory in Scale IV i.e. as CM. The experience in PSB should be after enrolment as advocate with Bar Council.
OR
Other than PSBs: Candidate must be enrolled as Advocate with Bar Council. He/ She must be CM or AGM or equivalent and must have at least 12 years of experience as Law Officer in the Legal Department of Scheduled Commercial Bank. The experience should be after enrolment as advocate with Bar Council.
The equivalence of the post held by a candidate to that of similar post at the Bank will be decided internally. The Bank’s decision in this regard will be final and binding on the applicants.


6. Assistant General Manager- Industrial Relations (SMGS V): (No. of Vacancies – 1)
 i. Age: 35-45 years as on 30.04.2018
 ii. Qualification:
      a. Essential: Post-Graduation in HR/IR/Personnel Management with minimum 55% marks with specialization in Labour Laws and/or industrial relations from a Govt. recognized University / Institute in India. End to end Knowledge of Industrial and Labour Laws.
b. Graduation and Post-Graduation must be full time and regular
 iii. Experience:
In PSBs: Candidate must be in Scale IV (CM) (preferably Specialist in HR) in a Public Sector Bank and have at least 10 years’ experience in HRD department of which at least 3 years’ combined experience as Scale III and Scale IV, with minimum experience of 1 year is mandatory in Scale IV i.e.
as CM.
OR
Other than PSBs: Minimum 10 years’ experience in HR Department of a reputed Scheduled Commercial Bank/ Financial Institution of which at least 5 years’ experience in industrial relations and union dealings at a sufficiently middle management position.
The equivalence of the post held by a candidate to that of similar post at the Bank will be decided internally. The Bank’s decision in this regard will be final and binding on the applicants.


7. Chief Manager- Economic Research (SMGS IV): (No. of Vacancies – 1)
      i. Age: 30-40 years as on 30.04.2018
  ii. Qualification:

a. Essential: Post-Graduation in Economics with minimum 55% marks with specialization in monetary/financial economics or econometrics from a Govt. recognized University / Institute in India.
b. Desirable: High levels of skills in quantitative techniques and thorough knowledge of domestics and international financial markets. Preference will be given to candidates having background in analytics, industry research and macro-economic forecasting & analysis.
c. Graduation and Post-Graduation must be full time and regular

iii. Experience:

In PSBs: Candidate must be in MMG Scale-III in a Public Sector Bank with 3 years’ recent experience in Economic Research Cell/ Department
OR
Other than PSBs: Minimum 5 to 7 years’ experience as Economist/ Economic Analyst with Financial Institutions/ Banks/ Industry Chambers / Rating Agencies. Experience with industry chamber and analytics firm will be an added advantage.
The equivalence of the post held by a candidate to that of similar post at the Bank will be decided internally. The Bank’s decision in this regard will be final and binding on the applicants.


8. Manager- Law (MMGS II) (Specialist Cadre): (No. of Vacancies – 20)
 i. Age: 25-35 years as on 30.06.2018
 ii. Qualification:
     a. Essential: Degree in Law (3 years/ 5 years) from a reputed Govt. recognized University / Institute in India.
      b. Desirable: Post Graduate degree in Law will be preferable.
c. Graduation and Post-Graduation must be full time and regular
iii. Experience (Desirable):
a. Enrolled as Advocate with Bar Council
b. With experience of at least 2 years as a practicing advocate.
c. With experience as Scale I Law Officer in any Public Sector Bank in the Legal Department.


2. SCALE OF PAY & OTHER FACILITIES
The candidates shall be appointed on regular basis and their emoluments are as below:-
a. DGM – TEGS-VI:- Scale of Pay is Rs. 68680 -1960/4 – 76520
b. AGM – SMGS –V :- Scale of Pay is Rs. 59170 -1650/2 – 62470 – 1800/2 – 66070
c. Chief Manager – SMGS-IV:- Scale of Pay is Rs. 50030-1460/4-55870-1650/2-59170
 d. Manager – MMGS II:- Scale of Pay is Rs. 31705-1145/1-32850-1310/10-45950


3. SERVICE BOND
The selected candidates shall be required to execute a service bond as under:-
i) TEGS-VI – Rs.2,00,000/- (Rs. Two lac only),
ii) SMGS-V – Rs.2,00,000/- (Rs. Two lac only),
iii)SMGS-IV – Rs.2,00,000/- (Rs. Two lac only),
iv) MMGS-II – Rs.1,00,000/- (Rs. One lac only)

The above service bond shall have to be accompanied with an undertaking to serve the Bank for a minimum period of 2 years from the date of joining the Bank. Candidates will also have to furnish one surety of equal amount, acceptable to the Bank in the specified proforma before joining the Bank on his/ her selection for rendering service for a minimum period of 2 years from the date of joining the Bank. In the event of their resignation from the post before the end of the specified period, they will have to pay the Bond amount, as applicable, to the Bank.


4. SELECTION PROCEDURE

After scrutiny of the applications received, only eligible candidates will be called for Written
Test/ Group Discussion/ Personal Interview. The short-listing for further selection process will
be on the basis of the details provided by the candidates in the application. The Bank would be
free to reject the candidature of any candidate at any stage of the recruitment process, if he / she
is found to be ineligible and / or furnished incorrect or false information / certificates /
documents or has suppressed any material facts and the fees paid by the ineligible candidates
shall be forfeited.
              Bank reserves the right to shortlist requisite number of candidates based on the experience and suitability of the candidates, as decided by the Bank and only those shortlisted candidates will be called for further selection process as decided by the Bank.
The Group Discussion and /or Personal Interview venue, time & date will be informed to the
shortlisted candidates in the respective call letter and candidates have to attend the same at their
own cost. The call letters will be sent by email only. The group discussion/ interviews will be
conducted at Head Office of the Bank at New Delhi.

Final selection will be made on the basis of marks obtained by the candidates in the entire selection process and will be according to the merit ranking.


5. APPLICATION FEE (NON-REFUNDABLE)
           Category of Applicant Application Fee
SC/ST/ PWD (only Intimation charges) Rs. 150/- + Plus GST as applicable
All others (for posts at Serial No. 1 to 7 ) Rs. 700/- + Plus GST as applicable
All others (for Manager Law) Rs. 600/- + Plus GST as applicable


6. Important Dates:
Commencement of date of on-line application :  21.07.2018
Last Date of online application                             :  09.08.2018
Last Date for receipt of hard copy of online application with enclosures. (Only for Posts from Serial No. 1 to Serial No. 7)                                                          :  19.08.2018
Date of Further Process Will be informed separately.


 

APPLY ONLINE Official Notification

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