🏛️ Banks Board Bureau Contractual / Project-Based (Tenure)
⚠️ Application Concluded

Banks Board Bureau Invites Application for Deputy Managing Director Recruitment 2022

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Recruitment Fact-Sheet & Key Specifications

Official recruitment summary for candidates and search engines.

Verified Notification Data
👥
Total Vacancies
3 Posts Posts
💰
Salary / Remuneration
📮
Selection / Apply Mode
Online Portal
Closing Date
08 April 2022
🏛️ 1. Conducting Organization Banks Board Bureau 📑 2. Advertisement Reference No. Advt. No. BanksBoardBureau/Rect/2022
💼 3. Nature of Employment Contractual / Project-Based (Tenure) 🎯 4. Exact Post & Vacancy Count Banks Board Bureau Invites Application for Deputy Managing Director Recruitment 2022 (3 Posts Posts)
📮 5. Application / Selection Mode Online 📅 6. Crucial Dates & Timings 08 April 2022
📍 7. Exact Physical Venue / Address
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💵 8. Application Fee ✓ ₹0 (Nil / Exempted)
🎓 Eligibility & Qualification Any Graduate, CA, MBA/PGDM 🌐 Authority Official Website Refer Official Notification Document

📋 Candidate Application Checklist

Candidates must verify and arrange the following documents in chronological order prior to submitting their application:

Bio-data / Proforma: Duly completed, signed application form (per notification format).
Original Certificates: 10th / Matriculation (DOB proof), Essential Degrees & Marksheets.
Self-Attested Photocopies: Two complete sets of photocopies of all relevant testimonials.
Passport Photographs: 2 to 4 recent passport-size colour photographs (same as bio-data).
Valid Photo ID Proof: Original Aadhaar Card, Voter ID, Passport, or PAN Card.
Experience & NOC: Experience certificates and "No Objection Certificate" if currently employed.

🎯 Selection Methodology, Screening Contingency & Perks

📝 Preliminary Screening Test Clause (Turnout Contingency)

In the event of a disproportionately high candidate turnout for the selection process, the competent committee reserves the discretionary right to conduct an objective preliminary written / screening test to shortlist candidates before calling them for personal interview.

🚆 Traveling Allowance / Dearness Allowance (TA/DA) Disclosure

No TA/DA will be paid or admissible to any candidate for attending the written examination / document verification. Candidates are required to make their own arrangements for travel, boarding, and lodging.

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📋 Complete Advertisement & Guidelines

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Vacancy Circular No:

Banks Board Bureau invites applications for recruitment of Deputy Managing Director

Deputy Managing Director

Job Location: 4th Floor Reserve Bank of Dr. Anand Rao Nair Marg Central, Mumbai, 400008 Maharashtra
Last Date: 08 April 2022
Employment Type: Full Time

Number of Vacancy: 3 Posts

Banks Board Bureau Hiring For Deputy Managing Director Vacancies Just Now Updated - Apply Soon
Banks Board Bureau Hiring For Deputy Managing Director Vacancies Just Now Updated - Apply Soon Recruitment 2022 Details
Job RoleDeputy Managing Director
Education RequirementAny Graduate, CA
Total Vacancy3 Posts
Job LocationsMumbai
Age LimitNot more than 59 years, as of 31st January 2022.
Experience20 - 25 years
SalaryNot Disclosed
Posted on24 Mar, 2022
Last Date To Apply08 Apr, 2022

Educational Qualification: Any Graduate, CA, MBA/PGDM

Banks Board Bureau invites applications from qualified candidates for the post of the Deputy Managing Director on a full-time basis.

1. Name of the Post: Deputy Managing Director – Lending and Project Finance

2. Minimum Educational Qualification: Graduate or equivalent or professional qualification of CA / MBA or equivalent.

3. Experience: Minimum 20 years of experience as of 31st January 2022 in any mainstream banking or financial lending business such as Scheduled Commercial Banks (SCBs), AIFIs, NBFCs, or multilateral institutions with

(I) (a) Candidate should have at least one year of experience at a Board level position as of 31st January 2022, including part or whole of this experience in an institution with a balance sheet of more than ₹ 3 lakh crore, as of 31.03.2021 and

(b) Candidate should have current or prior exposure to project Finance, as of 31st January 2022

(II) Candidate should have at least two years of experience in the Project Finance* function (in one or multiple stints) and should be at the highest level below the Board as of 31st January 2022 in such institutions with a balance sheet of more than ₹ 3 lakh crore, as of 31.03.2021 OR is the Head of Project Finance*, as of 31st January 2022 in such institutions with a balance sheet of more than ₹ 3 lakh crore, as of 31.03.2021.

a) The incumbency of Board level position/ highest level below the Board should not be older than three years prior to 31st January 2022. The required experience in Project Finance * function should not be older than five years as of 31st January 2022. *In case candidate is part of a Bank/ Institution which does not have a designated project finance function but has been involved in project finance currently or in past, will be required to submit a synopsis of such experience.

4. Tenure and Salary & Allowances: 

a) Tenure: Candidate shall hold office for a term not exceeding five years as prescribed by Central Government and shall be eligible for re-appointment subject to an overall term not exceeding ten years; provided that he/she shall not hold office after attaining the age of sixty-two years

b) Salary & Allowances : Total compensation (total of fixed pay and performance bonus) not exceeding ₹ 2.62 crore per annum.

 

1. Name of the Post: Deputy Managing Director – Chief Financial Officer

2. Minimum Educational Qualification: Graduate or equivalent or professional qualification of CA / MBA or equivalent.

3. Experience: Minimum 20 years of experience as of 31st January 2022 in any mainstream banking or financial lending business such as Scheduled Commercial Banks (SCBs), AIFIs, NBFCs, or multilateral institutions with

(a) Candidate should have at least one year of experience at a Board level position as of 31st January 2022, including part or whole of this experience in an institution with a balance sheet of more than ₹ 3 lakh crore, as of 31.03.2021 and

(b) The candidate should have current or prior exposure to Treasury or CFO vertical as of 31st January 2022. OR Candidate should have at least two years of experience in the Finance or the Treasury function (in one or multiple stints) and should be at the highest level below the Board as of 31st January 2022 in such institutions with a balance sheet of more than ₹ 3 lakh crore, as of 31.03.2021 OR is the CFO (Head of Finance) or

(c) Head of Treasury, as of 31st January 2022 in such institutions with a balance sheet of more than ₹ 3 lakh crore, as of 31.03.2021, The incumbency of Board level position/ highest level below the Board should not be older than three years prior to 31st January 2022. The required experience in Finance or Treasury function should not be older than five years as of 31st January 2022.

4. Tenure and Salary & Allowances: 

a) Tenure: Candidate shall hold office for a term not exceeding five years as prescribed by Central Government and shall be eligible for re-appointment subject to an overall term not exceeding ten years; provided that he/she shall not hold office after attaining the age of sixty-two years

b) Salary & Allowances : Total compensation (total of fixed pay and performance bonus) not exceeding ₹ 2.62 crore per annum.

 

1. Name of the Post: Deputy Managing Director – Chief Risk Officer

2. Minimum Educational Qualification: Graduate or equivalent or professional qualification of CA / MBA or equivalent.

3. Experience: Minimum 20 years of experience as of 31st January 2022 in any mainstream banking or financial lending business such as Scheduled Commercial Banks (SCBs), AIFIs, NBFCs, or multilateral institutions with

(a) The candidate should have at least one year of experience at a Board level position as of 31st January 2022, including part or whole of this experience in an institution with a balance sheet of more than ₹ 3 lakh crore as of 31.03.2021 and

(b) The candidate should have current or prior exposure to the Risk function as of 31st January 2022. or

(c) Candidate should have at least two years of experience in Risk Management function (in one or multiple stints) and should be at the highest level below the Board as of 31st January 2022 in such institutions with a balance sheet of more than ₹ 3 lakh crore, as of 31.03.2021 OR is the Head of Risk, as of 31st January 2022 in such institutions with a balance sheet of more than ₹ 3 lakh crore, as of 31.03.2021. The incumbency of Board level position/ highest level below the Board should not be older than three years prior to 31st January 2022. The required experience in risk management function should not be older than five years as of 31st January 2022.

4. Tenure and Salary & Allowances: 

a) Tenure: Candidate shall hold office for a term not exceeding five years as prescribed by Central Government and shall be eligible for re-appointment subject to an overall term not exceeding ten years; provided that he/she shall not hold office after attaining the age of sixty-two years

b) Salary & Allowances : Total compensation (total of fixed pay and performance bonus) not exceeding ₹ 2.62 crore per annum.

Pay Scale: INR Not Disclosed

Age Limit: Not more than 59 years, as of 31st January 2022.

Selection Procedure

1. Selection will be based on Shortlisting and Personal Interviews. Applications received shall be screened and shortlisted based on experience and eligibility conditions. The candidates may be called for preliminary interactions to determine their eligibility. Candidates will be shortlisted based on their qualifications, experience, and overall suitability for Personal Interviews. Selection of the candidate will be done by NaBFID on the recommendation of the Banks Board Bureau (BBB).

2. In order to canvass/ reach out to a wider pool of candidates, NaBFID retains the right to additionally avail services of third parties (including recruitment agencies) to suggest potential candidates. Such potential candidates, if determined to be eligible, in terms of this advertisement (or recruitment notice) shall be invited to appear before the evaluation process to be carried out by BBB. Confidentiality of the selection process will be maintained.

How to Apply:

1. Interested candidates who fulfill the eligibility criteria may apply online on https://banksboardbureau.org.in The last date for submitting the complete online application is 8th April, 2022 by 5 pm IST. Before applying, candidates are advised to ensure that they fulfill the stipulated eligibility criteria.

2. All applicants are required to apply online by submitting the details and scanned copies of the relevant documents. The link to the application is available on the BBB website https://banksboardbureau.org.in under the ‘Vacancies & Recommendations’ tab.

3. Kindly do not submit multiple applications for the same role or multiple roles. In case of multiple applications, the last submitted application will be considered based on the date/time of submission. In such cases, no part of the earlier submitted applications, including uploads shall be considered. Incomplete applications shall not be considered.


Important Dates:

Published on: 24 March 2022
Last date for application is: 08 April 2022

For more details, please refer to official notification at