Vacancy Circular No:
Banks Board Bureau
invites applications for recruitment of Deputy Managing Director
Deputy Managing Director
4th Floor Reserve Bank of
Dr. Anand Rao Nair Marg Central, Mumbai, 400008 Maharashtra
Number of Vacancy: 3 Posts
| Banks Board Bureau Hiring For Deputy Managing Director Vacancies Just Now Updated - Apply Soon Recruitment 2022 | Details |
|---|---|
| Job Role | Deputy Managing Director |
| Education Requirement | Any Graduate, CA |
| Total Vacancy | 3 Posts |
| Job Locations | Mumbai |
| Age Limit | Not more than 59 years, as of 31st January 2022. |
| Experience | 20 - 25 years |
| Salary | Not Disclosed |
| Posted on | 24 Mar, 2022 |
| Last Date To Apply | 08 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
For more details, please refer to official notification at Download Official Notification
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Closing: Feb 27, 2026About Banks Board Bureau
Banks Board Bureau is an Autonomous Body of the Government of India. We are committed to improving the Governance and Boards of public sector financial institutions. The Secretariat of the Bureau currently comprises Secretary and four officers.
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