Members / Candidates grievance resolution system

Recruitment of “ Faculty Member on Contract basis ”


The Institute invites applications for the post of “Faculty Member” on contract basis from serving / retired Banking and Finance professionals at its Corporate Office at Mumbai as per the details given below.


Name of the Post

No. of vacancies

Faculty Member on Contract basis (Full time)






The Faculty Members are expected to undertake the following activities:


  • Preparation/Vetting of courseware
  • Preparation/Vetting of Multiple Choice Questions
  • Handling sessions in Training Programmes
  • Creating content for training programs
  • Organising Seminars/ Conferences
  • Assist in the publication work of the Institute
  • Contribute to other academic activities of the Institute
  • Liasoning with academic/ training set-up of Bank/ Financial Institution.




The Faculty Member should have specialization in any one or more of the following areas:


  • Treasury Management
  • Risk Management
  • International Banking
  • Capital Markets/Mutual Fund and Insurance 
  • Audit and Compliance
  • Credit Management
  • Project / Infrastructure finance






  • Post Graduate/ CA/CMA /CFA and CAIIB





  • MBA (Finance) or equivalent qualification.
  • PHD







  • Should have held the position of Senior Management Grade and above in Banks / Financial Institutions.
  • Computer Savvy to work in a virtual environment.




  • Experience as Faculty in Bank/ Financial Institution
  • Published articles/books.



The age of the applicant should not be less than 55 years and should not exceed 62 years as on 01.11.2022.



  1. The monthly remuneration of Rs. 1,00,000/- per month (All inclusive. TDS as applicable) with annual increment of Rs. 6,000/-. 15 days leave in a year. (Not encashable nor can be carried forward)

  3. Reimbursement of leased accommodation rent up to the maximum limit of Rs. 40,000/- per month at Mumbai. If the Faculty Member is not opting for the reimbursement of leased accommodation rent, 15% of the remuneration will be paid as HRA every month.

  5. Conveyance charges will be reimbursed up to the limit of Rs. 20,000/- per month.




  1. The term of contract will be for two years. It is extendable for a further period of one year each time up to a maximum of 3 years or up to the age of 65 years, whichever is earlier, depending upon the requirement and performance.
  2. The contract may be terminated with a notice period of one month from either side.





Short listed candidates will have to appear for personal interview before the selection committee at the Institute’s Corporate Office at Mumbai. Outstation candidate will be reimbursed AC-2 tier to and fro train fares (shortest route).


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





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.