📋 Complete Notification Details
Vacancy Circular No:
Industrial Development Bank of India Bank Limited (IDBI) invites applications for recruitment of Head
Head
Number of Vacancy: 1 Posts
| IDBI Recruitment 2022 | Details |
|---|---|
| Job Role | Head |
| Education Requirement | CA |
| Total Vacancy | 1 Post |
| Job Locations | Navi Mumbai, Mumbai |
| Age Limit | Maximum 57 years |
| Experience | 15 - 18 years |
| Salary | Not Disclosed |
| Posted on | 02 Feb, 2022 |
| Last Date To Apply | 16 Feb, 2022 |
Educational Qualification: CA, MBA/PGDM
IDBI Bank invites applications from eligible Indian citizens for the below mentioned post(on contract basis).
1. Post Name: Head - Treasury
2. Vacancy: 01
3. Contract Period: 3 years
4. Likely Place of Posting: Mumbai / Navi Mumbai Bank reserves right to post as per Bank’s requirement
5. Annual CTC (approx.): Remuneration shall be based on experience, Seniority level etc. subject to deduction of taxes as applicable
6.Educational Qualification: CA/ MBA/ PGDM / CFA or other relevant post graduate qualification from a recognized University/ Institution. Certificate in Treasury Management, Certified Treasury Dealer Course is desirable.
7. Specific Skill Required
i. To manage, control and regulate effectively as also efficiently the Bank’s funds and ensure that the liquidity position of the Bank is sound and optimally cost effective as also requirements of funds are readily met for ongoing operational and capital investment requirements
ii. To forecast cash flow positions, related borrowing needs, and available funds for investment, and prudently use hedging to mitigate financial risks related to the interest rates on the Bank’s borrowings, as well as on its foreign exchange positions.
iii. To drive and achieve target of trading/ investment and Corporate treasury sales and achieve maximization of Profits through Fund Management and Trading in various instruments as also Corporate Sales in merchant trades of forex and other instruments.
8. Work Experience (as on 01- 02-2022): Minimum 15 years in Banking or Financial services industry and at least 8 years in Treasury Department of any Bank/FI in middle or senior position. Preferably 4 years of Investment Banking Experience
9. Job Profile:
Formulating Investment and Trading Strategies covering all market segments in line with large PSBs for Treasury for enhancing Treasury profits and revenues. Liquidity Management in a cost effective and compliant manner. Addressing challenges arising out of PCA framework, restrictions imposed in RMP, reduction in Market RWA etc. Suggesting new products for trading/hedging and offering to clients for generating fee income Strengthening linkages between Business, TF and Treasury for higher forex volume and income
10. Period: Contract for a period of 3 years (extendable up to 5 years at Bank’s discretion and subject to statutory and regulatory guidelines) to be reviewed every year
11. Advertisement No. 07/ 2021-22
Pay Scale: INR Not Disclosed
Age Limit: Maximum 57 years
Selection Procedure
The selection process will comprise of:-
(i) Preliminary screening and shortlisting based on the eligibility criteria, candidate's qualifications, suitability/ experience, etc. submitted with the applications.
(ii) The candidature, after preliminary screening and without verification of documents, will be provisional for the position and will be subject to verification of all details/ documents with the originals when a candidate reports for PI (if called).
(iii) Only such shortlisted candidates who qualify in Personal Interview and are sufficiently high in the merit list will be shortlisted for further selection.
(iv) The center & address of the venue, time and date of interview will be informed to the shortlisted candidates through e-mail / call letter and candidates have to attend the same at their own cost. Request for change of center/date/time will not be entertained.
a. However, the Bank reserves its right to change/ add/ cancel the date, time, center, venue for the PI or hold supplementary selection process on particular date/ session/ venue/ center for set of candidates at its discretion, under unforeseen circumstances, if any. The changes, if any, shall be intimated to the candidates through Bank's website and/or candidate’s registered email in advance.
(v) Selection will be on the basis of marks secured by the candidate in PI. Bank may change the mode of selection depending upon the number of suitable candidates.
(vi) The final selection of candidate is subject to qualification in PI, being sufficiently high in the merit list, being declared medically fit as per the Bank’s standards of fitness and fulfilling the stipulated eligibility criteria as on the cut-off date.
(vii) In case, more than one candidate scores the cut off marks (common mark at cut off point); such candidates will be ranked according to their age in descending order.
(viii) The Bank reserves the right to call only the requisite number of candidates for the Interview after preliminary shortlisting with reference to candidates’ aforesaid attributes
How to Apply:
a. Candidates are required to send their application to “[email protected]” mentioning the Name of the Post in the subject line.
b. Intimation will be sent to the candidate’s email ID/ Mobile Number specified in the application form. If candidates do not receive the email / SMS intimations at the email ID/ Mobile number specified by them, they may consider that their application has not been successfully registered.
c. An application which is incomplete in any respect such as without photograph and signature uploaded in the application form will not be considered as valid.
d. Any information submitted by a candidate in his/ her application shall be binding on the candidate personally and he/ she shall be liable for prosecution/ civil consequences in case the information/ details furnished by him/ her are found to be false at a later stage.
e. Start Date of receiving of Application: 02-02-2022
f. Last Date of receiving of Application: 16-02-2022
Important Dates:
Published on: 02 February 2022For more details, please refer to official notification at Download Official Notification