Members / Candidates grievance resolution system

Recruitment of “ Junior Executive ”

 

The Institute invites applications for the post of Junior Executive as per the details given below:

 

Name of the Post

No. of vacancies

Junior Executive

10

 

Job Profile:

  • To act as front line officials in corporate and other offices of the Institute.
  • Respond to members’/ candidates’ enquiries.
  • To attend general administration tasks of various departments of the Institute.
  • Support Training / academic activities of the Institute.
  • Information management and processing.

 

Educational Qualifications:

Essential:

Graduate with minimum 60% marks in Commerce/ Economics/ Business Management / Information Technology/ Computer Science/ Computer Applications.

Note: The percentage marks shall be arrived at by dividing the total marks obtained by the candidate in all the subjects in all semesters / years by aggregate maximum marks in all the subjects irrespective of optional/additional optional subject, if any. The fraction of percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60%.

Desirable:

  • Diploma in Banking & Finance of IIBF.
  • MCom / MA (Economics) / MBA / CA / CMA / CS / CFA.

Age Limit:

Not exceeding 28 years as of 01.11.2022

Selection Procedure

The candidates will be selected through a selection process consisting of Online Examination which will be held on Saturday, 17th December, 2022 at Chennai, Kolkata, Mumbai and New Delhi followed by Personal Interview. Only shortlisted candidates will be called for online examination as well as Personal interview.

 

The structure of the Examination which will be conducted online is as follows:

SI.

Name of Test

No. of Questions

Max. Marks

Medium

Duration

1

Reasoning

50

50

English

40 minutes

2

English Language

40

40

English

30 minutes

3

Quantitative Aptitude

50

50

English

40 minutes

4

General Awareness

 
(with special reference to banking)

40

40

English

20 minutes

5

Computer Knowledge

20

20

English

10 minutes

 

Total

200

200

 

140 minutes

  • Penalty for wrong answers: 1/4th mark will be deducted for each wrong answer.
  • Number of answer choices per question: 5 options

 

Application Fees:

The application fees for the above post per candidate is Rs. 700/- (+ GST as applicable) (Rupees Seven Hundred Only) (+ GST as applicable).

Posting:

The selected candidates will be posted in any of the offices of the Institute. At present the Institute has offices at Chennai, Kolkata, Mumbai and New Delhi.

 

Terms of Appointment

  1. Appointment of the selected candidate will be subject to Satisfactory medical fitness, satisfactory background/ credentials verification as per Institute’s specification.
  1. Selected candidate will have to execute an agreement to the effect that he/ she will serve the Institute for a minimum period of Two (2) years (active service) from the date of joining the Institute. In case he/ she leaves the service of the Institute before the expiry of the said period, a sum of Rs. 1,00,000/- (Rupees One Lakh only) will have to be paid to the Institute by the selected candidate towards expenses incurred by the Institute for recruitment, imparting training, compensation / liquidated damages on account of loss of opportunity for the Institute from deriving anticipated benefits out of the recruitment process etc.

Remuneration:

Emoluments of Junior Executive are presently in the scale of Rs.28300-3150/20-91300. They will also be eligible for DA, HRA as per rules in force from time to time. At present total initial package including salary and other perquisites will be approximately Rs. 8 Lakhs (Rs. Eight Lakhs only) per annum on cost to company basis.

Institute reserves the right to shortlist the candidates for online exam and personal interview and its decision will be final in the matter.

 

How to Apply

The candidates should submit their application online through the link given below on or before 4th December 2022. No other mode of application will be accepted.

 

The Deputy Director (HR & IR)

Indian Institute of Banking and Finance,

Kohinoor City, Commercial –II,

Kirol Road, Kurla – West,

Mumbai – 400 070.