Indian Banks’ Association (IBA) Recruitment: Manager Positions Available in Mumbai

Indian Banks’ Association (IBA) Recruitment: Manager Positions Available in Mumbai

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Job Title: Recruitment of Managers at Indian Banks’ Association (IBA)

List of Positions:

Position Vacancies
Manager (Generalist) 2
Manager (PS&BT) 1
Manager (Legal) 1

Employer Name:

Indian Banks’ Association (IBA)

Employer Overview:

The Indian Banks’ Association (IBA) is a voluntary, representative body of banking management in India, initially established in 1946. IBA’s primary goal is the development, coordination, and strengthening of Indian banking, as well as assisting member banks in implementing new systems and adopting industry standards. With a growing membership now comprising over 248 banking organizations, IBA has become the voice of the Indian banking industry, advocating for the sector’s needs and guiding its transformation and growth.

Qualifications:

Manager (Generalist)
  • Educational Qualification: A Degree (Graduation) in any discipline from a recognized university.
  • Work Experience: 5 years of experience in Banking/Financial industry or hospitality sector preferred.
  • Age: Between 25 and 35 years (born between 02.05.1989 and 01.05.1999).
Manager (PS&BT)
  • Educational Qualification: B.E./B.Tech (Computer Science), B.Sc (IT), MCA, or equivalent from reputed institutes.
  • Work Experience: 5 years of experience in IT departments within the Banking/Financial sector or IT industry.
  • Age: Between 25 and 35 years (born between 02.05.1989 and 01.05.1999).
Manager (Legal)
  • Educational Qualification: LLB or equivalent from reputed institutes.
  • Work Experience: 5 years of experience in handling legal matters in Banking/Financial sector or legal firms preferred.
  • Age: Between 25 and 35 years (born between 02.05.1989 and 01.05.1999).

Location:

Mumbai, India

Salary:

  • Basic Pay: ₹45,600 – ₹108,900 per month.
  • Additional Benefits: DA, HRA, Conveyance Allowance, Telephone Allowance, Annual Leave Travel Allowance, Annual Medical Aid, Annual Performance Incentive.
  • Total Emoluments: Approximately ₹10.92 Lakhs per annum (excluding Annual Performance Incentive).
  • Other Benefits: Family floater medical insurance policy, Term Life Insurance cover of ₹25 Lakhs, Superannuation benefits like Gratuity, Leave Encashment, PF/EPS as per EPF Act, 1952. Lease accommodation as per IBA Lease Rental Policy.

Application Fees:

None

Important Dates:

  • Advertisement Date: 29.05.2024
  • Last Date of Submission: 12.06.2024

Application Instructions:

Candidates interested in applying for these positions must follow these steps:

  • Email and Contact Information: Ensure you have a valid personal email ID and contact number, which should remain active until the recruitment process is complete. Call letters for personal interviews and other communications will be sent to the registered email ID. Create a new email ID if you don’t have one before applying.

Application Process:

  • Apply online through the link: IBA Careers. Applications from any other source will not be accepted.
  • Ensure your name is correctly mentioned as it appears in your certificates/mark sheets. Discrepancies may lead to disqualification.
  • Upload a passport-size photograph and signature as per the size specifications mentioned in the application link.
  • Note the acknowledgment number generated upon submission of the application for future reference.

Final Submission:

  • Applications submitted are final and no amendments will be allowed.
  • The last date and time for application receipt is 12.06.2024, 5:00 PM.

Selection Procedure:

  • Shortlisting of applicants followed by personal interviews and/or other selection methods.
  • IBA reserves the right to change the criteria, selection method, and provisional allotment.
  • Candidates will be shortlisted based on their qualifications, experience, and overall suitability. Only the most suitable candidates will be called for the selection process.
  • Qualifying marks in the interview/selection process will be decided by IBA.
  • In case of tie scores, candidates will be ranked by age in descending order.
  • Only shortlisted candidates will be informed.

General Information:

  • Ensure eligibility for the post as on the cut-off date (01.05.2024) and that all particulars furnished are correct.
  • Multiple applications for a single post may lead to disqualification.
  • No restrictions on applying for more than one post.
  • Government/Quasi-Government/Public Sector employees should submit a ‘No Objection Certificate’ at the interview and a relieving letter upon selection.
  • Candidates must bear their own interview costs; no TA/DA will be reimbursed.
  • Disputes will be subject to Mumbai courts’ jurisdiction.
  • Medical fitness as per IBA’s requirements is mandatory for appointment.
  • Canvassing will result in disqualification.
  • IBA is an Equal Opportunity Employer.
  • No need to upload proof of age, academic qualification, and experience at the application stage. Shortlisted candidates will be required to send these documents by mail before the interview, and originals will be verified upon selection.

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