Indian Banks’ Association (IBA) Recruitment 2016 for the post Managers & Vice Presidents

Indian Banks’ Association (IBA) Recruitment 2016 for the post Managers & Vice Presidents

INDIAN BANKS’ ASSOCIATION

Indian Banks’ Association (IBA) is a voluntary association of banks with members from Public Sector, Private Sector, Foreign and Co-operative Banks in India and functions as a think tank for banks in the matters of concern for the whole banking industry.

The Association invites application for the post of Managers(Total 10) & Vice Presidents (Total 2) from Serving/Ex-Officers of Public Sector Banks in the Grade of Scale I & II for Managers and Scale III & IV for Vice Presidents or equivalent post in Private Sector Banks/Financial Institutions for the positions in various Departments, viz., Banking Operations/ Retail Banking / Banking Technology / Social Banking / Legal / HR&IR/ Accounts & Administration/Research & Statistics Department of the Association.

Indian Banks’ Association (IBA) Vacancy Details

Total No. of Posts : 12

Name of the Post :

• Managers : 10
• Vice Presidents : 2

Job Profile: Candidates are expected to have a thorough knowledge in the relevant field of banking.

Terms and Conditions:

Position : (1) Managers and (2) Vice Presidents

Qualification : Degree/PG from a recognized University.

Experience : Atleast 5 years experience in PSBs/Private Sector Banks/Financial Institutions.

Age : Maximum of 45 years (as on 28th March, 2016).

Emoluments : MANAGERS: Basic Pay range of ₹23,800 - ₹56,800. In addition, DA, HRA, Conveyance Allowance, Telephone Allowance and Annual Leave Travel Allowance, Medical Aid and Annual Performance Incentive are payable. The total emoluments per annum at the minimum of the pay scale is ₹5,72,542/- and at maximum of the pay scale is ₹11,70,898/- Superannuation benefits, viz., Gratuity, Leave Encashment and CPF/EPS as per EPF Act, 1952 are also eligible in terms of IBA Staff Rules. IBA does not have quarter facilities for the staff and only HRA is payable.

VICE PRESIDENTS: Basic Pay range of ₹33,500 - ₹69,500. In addition, DA, HRA, Conveyance Allowance, Telephone Allowance and Annual Leave Travel Allowance, Medical Aid and Annual Performance Incentive are payable. The total emoluments per annum at the minimum of the pay scale is ₹8,45,422/- and at maximum of the pay scale is ₹14,98,174/-.Superannuation benefits, viz., Gratuity, Leave Encashment and PF/EPS as per EPF Act, 1952 are also eligible in terms of IBA Staff Rules. IBA does not have quarter facilities for the staff and only HRA is payable.

Probation : For a period of one year. Will be absorbed as permanent staff of IBA on confirmation of Service.

Mode of Application: Interested Candidates may kindly send their application in the enclosed format to reach undernoted address by 28th March,2016.

The Chief Executive, Indian Banks’ Association, Centre 1, 6th floor, World Trade Centre, Cuffe Parade, Mumbai - 400 005. (Candidates may also apply in the prescribed format in response to the advertisement by email to: ganesan@iba.org.in/ patwardhan@iba.org.in; followed by hard copy by Courier/Speed Post/Registered Post only. Applications which are received within 7 days from the date of email only will be considered).

Mode of Selection: Shortlisted candidates will be called for a personal interview by the interviewing panel constituted by the Association.

Last Date for : 28th March, 2016 Submitting Applications

Note : Applicants who are presently working are to route their applications through their employer.

For more details regarding age limit, educational qualification, selection process and how to apply and other, click on the following link…

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