Bank Jobs
IDBI Bank Recruitment 2024 86 SO Posts
IDBI Bank Recruitment 2024 86 SO Posts
IDBI Bank Recruitment 2024 86 SO Posts : IDBI Bank, one of India’s premier banking institutions, has announced a recruitment drive for the year 2024 to fill 86 Specialist Cadre Officer (SO) positions. This presents a golden opportunity for individuals seeking a challenging and rewarding career in the banking sector. The recruitment process will be conducted through online applications, and interested candidates can submit their applications on the official website of IDBI Bank, www.idbibank.in.
Organization Name: IDBI Bank Ltd
Notification No: 11 / 2023-24
Employment Type: Regular Basis
Total No of Vacancies: 86 Specialist Cadre Officer (SO) Posts
Place of Posting: Anywhere In India
Vacancy Details: IDBI Bank Invites Applications for the Following Posts
| S.No | Name of Posts | Number of Posts |
| 1. | Assistant General Manager (Grade D) – Audit- Information System (IS) | 04 |
| 2. | Deputy General Manager (Grade C) – Fraud Risk Management (FRM)-Fraud -Analytics | 01 |
| 3. | Assistant General Manager (Grade C) – Fraud Risk Management (FRM)- FRM | 02 |
| 4. | Assistant General Manager (Grade C) – Fraud Risk Management (Grade C)- Fraud Analytics | 02 |
| 5. | Manager – Fraud Risk Management- FRM | 02 |
| 6. | Manager – Fraud Risk Management- Fraud Analytics | 02 |
| 7. | Manager (Grade B) – Risk Management -Credit Risk | 02 |
| 8. | Assistant General Manager (Grade B) – Risk Management -Information Security Group (ISG) | 05 |
| 9. | Manager (Grade B)- Risk Management -Information Security Group (ISG) | 01 |
| 10. | Assistant General Manager (Grade B) – Corporate Credit/ Retail Banking (including Retail Credit) – Mid/ Large Corporate Group/ Structured Retail Assets/ Credit Solution Center/ Retail Banking etc. | 25 |
| 11. | Manager (Grade B) – Corporate Credit/ Retail Banking (including Retail Credit) – Mid/ Large Corporate Group/ Structured Retail Assets/ Credit Solution Center/ Retail Banking etc. | 31 |
| 12. | Assistant General Manager (Grade B) – Infrastructure Management Department (IMD) – Premises | 01 |
| 13. | Manager (Grade B)- Infrastructure Management Department (IMD) – Premises | 04 |
| 14. | Manager (Grade B) – Security -Security | 04 |
| Total | 86 |
Eligibility Criteria: Candidates must ensure they meet the eligibility requirements specified in the notification before applying for the IDBI Bank SO 2024 recruitment. The eligibility criteria typically include educational qualifications, age limits, and any other relevant requirements. It is crucial for applicants to possess the necessary qualifications to be considered for the selection process.
Educational Qualification:
| 1. Assistant General Manager – Audit- Information System (IS) – Educational Qualification: B Tech / BE in – Information Technology (IT) /Electronics & Communications/ Software Engineering/ Electronics & Electrical/ Electronics/ Computer Science/Digital Banking/ BCA/ B.Sc. (Computer Science/ IT) from any University recognized by Govt. of India or its regulatory bodies. OR Graduates in any stream with valid Certified Information Systems Auditor (CISA) certification OR M.Sc. (IT/ Computer Science)/ MCA/ M Tech/ M.E – Information Technology (IT) /Electronics & Communications/ Electronics & Electrical/ Electronics/Software Engineering/ Digital Banking/ Computer Science from the University recognized by Govt. of India or its regulatory bodies. Qualifications/Certifications viz Certified Information Security Manager (CISM)/ Certified in Risk and Information Systems Control (CRISC)/ Certified Information Systems Security Professional (CISSP), Certified Information System Auditor (CISA) will be preferred. Experience: Minimum 7 years as an officer or equivalent in BFSI of which 4 years should be in the functional area of Information System (IS) Audit as per the notified job description. |
| 2. Deputy General Manager – Fraud Risk Management (FRM)-Fraud -Analytics – Educational Qualification: Graduate in B.Sc. Mathematics /Statistics /B.Tech from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in M.Sc. in Mathematics/Statistics from any University recognized by Govt. of India or its regulatory bodies and / or having professional qualification/certification in Data Science. Experience: Minimum 10 years of experience as an officer or equivalent in BFSI/ Financial Technology Sector. Out of which minimum 7 years of experience in Data Science. Preference to be given to those who are having experience in Fraud Risk Management function. |
| 3. Assistant General Manager – Fraud Risk Management (FRM)- FRM – Educational Qualification: Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in any stream from any University recognized by Govt. of India or its regulatory bodies and/ or having Certified Bank Forensic Accountant (CBFA)/ Certified Risk Manager (CRM)/ Certified Fraud Examiner (CFE)/ Financial Risk Manager (FRM) qualifications. Experience: Minimum 7 years of experience as an Officer or equivalent in BFSI / Financial Technology Sector. Out of which minimum 4 years of experience in Fraud Risk Management and preferably having experience in Digital Banking Channels and Payment Eco System (viz. Card Related Business Acquiring / Issuing, Mobile & Internet Banking, UPI, AePS etc) |
| 4. Assistant General Manager – Fraud Risk Management- Fraud Analytics – Educational Qualification: Graduate in B.Sc. Mathematics /Statistics /B.Tech from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in M.Sc. in Mathematics/Statistics from any University recognized by Govt. of India or its regulatory bodies. Experience: Minimum 7 years of experience as an Officer or equivalent in BFSI sector. Candidates having experience in statistical tools /R, Python and SAS software shall be preferred. Out of above 4 years of experience in Fraud Risk Management function. |
| 5. Manager – Fraud Risk Management- FRM – Educational Qualification: Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in any stream from any University recognized by Govt. of India or its regulatory bodies and / or having Certified Bank Forensic Accountant (CBFA)/ Certified Risk Manager (CRM)/ Certified Fraud Examiner (CFE)/ Financial Risk Manager (FRM) qualifications. Experience: Minimum 4 years of experience as an officer or equivalent in BFSI/ Financial Technology Sector. Out of above, minimum 2 years of experience in Fraud Risk Management and preferably having experience in Digital Banking Channels and Payment Eco System (viz. Card Related Business Acquiring / Issuing, Mobile & Internet Banking, UPI, AePS etc.). |
| 6. Manager – Fraud Risk Management- Fraud Analytics – Educational Qualification: Graduate in B.Sc. Mathematics /Statistics /B.Tech from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in M.Sc. in Mathematics/Statistics from any University recognized by Govt. of India or its regulatory bodies. Experience: Minimum 4 years of experience as an Officer or equivalent in BFSI sector. Candidates having experience in statistical tools/ R. Python and SAS software shall be preferred. Out of above 2 years of experience in Fraud Risk Management function. |
| 7. Manager – Risk Management -Credit Risk – Educational Qualification: CA/MBA (Specialization in Banking/ Finance) /CFA/FRM/ICWA Experience: Minimum 4 years of experience as an officer or equivalent in Scheduled Commercial Banks (SCBs)/ Corporate Entities/BFSI. Out of above, 2 years of experience is preferred in a similar functional area. |
| 8. Assistant General Manager – Risk Management -Information Security Group (ISG) – Educational Qualification: B.E. / B. Tech. (in Computer Science & Engineering / Computer Science / Information Technology / Information and Communication Technology/ Electronics & Communications / Electrical/ Electronics & Electrical Engineering)/ BCA/ BSc (Computer Science/ IT) from the University recognized by Govt. of India or its regulatory bodies OR MCA / MSc (Computer Science) / MSc (IT) from the University recognized by Govt. of India or its regulatory bodies. Professional Certifications viz. Certified Information Systems Auditor (CISA) / Certified Information Security Manager (CISM) / Certified Information Systems Security Professional (CISSP) / Offensive Security Certified Professional (OSCP) / Certified Ethical Hacker (CEH) / Certified Information Security Professional (CISP), Diploma in Information System Audit (DISA) shall be preferred. Experience: Minimum 7 years of experience as an officer or equivalent in IT/ BFSI Sector / Financial Technology (FinTech) or any Corporate entity having department/ division/ subsidiary of Information Technology / Information Security / Cyber Security. Out of above, 4 years’ experience should be in the area of Information Security / Cyber Security. |
| 9. Manager – Risk Management -Information Security Group (ISG) – Educational Qualification: B.E. / B. Tech. (Computer Science & Engineering / Computer Science / IT/ Information and Communication Technology/ Electronics & Communications / Electrical/ Electronics & Electrical Engineering)/ BCA/BSc (Computer Science/ IT) from the University recognized by Govt. of India or its regulatory bodies OR MCA/ MSc (Computer Science)/ MSc (IT) from the University recognized by Govt. of India or its regulatory bodies. Professional Certifications viz. Certified Information Systems Auditor (CISA) / Certified Information Security Manager (CISM) / Certified Information Systems Security Professional (CISSP) / Offensive Security Certified Professional (OSCP) / Certified Ethical Hacker (CEH) / Certified Information Security Professional (CISP), Diploma in Information System Audit (DISA) shall be preferred. Experience: Minimum 4 years of experience as an officer or equivalent in IT/ BFSI Sector / Financial Technology (FinTech) or any Corporate entities having department/ division/ subsidiary of Information Technology / Information Security / Cyber Security. Out of above, 2 years’ experience should be in the area of Information Security / Cyber Security. |
| 10. Assistant General Manager – Corporate Credit/ Retail Banking (including Retail Credit) – Educational Qualification: Post-Graduate degree from any University recognized by Govt. of India or its regulatory bodies. Additional qualifications like JAIIB/CAIIB/MBA shall be preferred. Experience: Minimum 7 years of experience in Corporate Finance/ Corporate Credit/ Retail Credit (functions viz. Sanction/ Credit Monitoring/ credit appraisal, credit administration/ operations, credit risk, etc.) in Scheduled Commercial Banks (as defined under RBI Act). Out of above, minimum 4 years’ experience of Corporate/ Retail finance in the areas viz. credit sourcing & appraisal of large ticket size loans, documentation, credit administration/operations, credit risk, Credit recovery etc. |
| 11. Manager – Corporate Credit/ Retail Banking (including Retail Credit) – Educational Qualification: Graduation from any University recognized by Govt. of India or its regulatory bodies. Additional qualifications like JAIIB/CAIIB/MBA would be preferred. Experience: Minimum 4 years of experience in Corporate Finance/ Corporate Credit (Credit functions viz. Sanction/ Credit Monitoring/ credit appraisal, credit administration/ operations, credit risk, etc.) in Scheduled Commercial Banks as defined under RBI Act. Out of above, minimum 2 years’ experience of Corporate / retail finance in the areas of credit sourcing & appraisal of large ticket size loans, documentation, credit administration /operations, credit risk, Credit recovery etc. |
| 12. Assistant General Manager – Infrastructure Management Department (IMD) – Premises – Educational Qualification: B.Tech/ B.E in Civil/ Electrical Engineering/ Electrical & Electronics/ dual specialization wherein one of the specialization should be Civil/ Electrical Engineering from any University recognized by Govt. of India or its regulatory bodies. Experience: Minimum 7 years of experience as an officer or equivalent in BFSI sector and/ or Large Corporates from Infrastructure sector /PSU. Out of above at least 4 years’ experience in handling Civil/Electrical/Engineering activities including tendering process, maintenance of office building/ quarters & work related to setting up of new branches/offices. |
| 13. Manager – Infrastructure Management Department (IMD) – Premises– Educational Qualification: B.Tech/B.E in Civil/ Electrical Engineering/ Electrical & Electronics/ dual specialization wherein one of the specialization should be Civil/ Electrical Engineering from any University recognized by Govt. of India or its regulatory bodies. Experience: Minimum 4 years of experience as an officer or equivalent in BFSI sector and/ or Large Corporates from Infrastructure sector/ PSU. Out of above at least 2 years’ experience in handling Civil/Electrical/ Various Engineering activities including tendering process, maintenance of office building/ quarters & work related to setting up of new branches/offices. |
| 14. Manager – Security -Security – Educational Qualification: Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies. Experience: Minimum 4 years of experience of Commissioned Service, not below the rank of Captain (in Indian Army or equivalent Rank in Indian Navy/ Air force), Assistant Superintendent/ Deputy Superintendent/ Assistant Commandant/ Deputy Commandant (in Indian Police/ Paramilitary Forces). Out of above, minimum 2 years of experience as an Officer in relevant function area. Preference will be given to candidates having relevant experience as an officer in Banking, Financial Services and Insurance (BFSI). (Note – Officers of Armed Forces/Para-military forces having experience solely in accounts, administrative or support functions will not be considered.) |
Age Limit (As on 25.12.2023) : The Minimum age is 27 years and maximum age limit for all the posts above is 40 years. Candidates relaxation in upper age limit will be provided as per the Government rules and regulations.
Salary: The salary structure for the selected candidates will be in accordance with the rules and regulations of IDBI Bank. Candidates are encouraged to review the salary details to have a comprehensive understanding of the remuneration offered for the respective positions.
| 1. Deputy General Manager, Grade ‘D’ – Rs. 76010-2220(4)-84890-2500(2)-89890 (7 years) Gross emolument for metro cities will be ₹1,55,000/- per month (approx.) |
| 2. Assistant General Manager, Grade ‘C’ – Rs. 63840-1990(5)-73790-2220(2)-78230 (8 years) Gross emolument for metro cities will be ₹1,28,000/- per month (approx.) |
| 3. Manager – Grade ‘B’ – Rs. 48170-1740(1)-49910-1990(10)-69810 (12 years) Gross emolument for metro cities will be ₹98,000/- per month (approx.) |
Selection Process: The selection process for IDBI Bank SO 2024 recruitment typically involves multiple stages, including written examinations, interviews, and/or group discussions. The final selection is based on the candidate’s performance in these stages. It is essential for candidates to prepare thoroughly for each stage to maximize their chances of success.
Preliminary Screening
Personal Interview
How to Apply: Candidates can submit their applications through the online application portal available on the official website of IDBI Bank. The application form must be filled out accurately, and all necessary documents, such as educational certificates and identification proof, should be uploaded as per the instructions provided in the notification.
Application Fee:
- For General, EWS & OBC – Rs. 1000/- (Application fee + Intimation charges) including GST
- For SC/ST – Rs.200/- (Intimation charges only) including GST
- Applicants shall pay the Application Fee through Online Payment Mode Only.
Important Dates:
- Online Application Period: 09.12.2023 to 25.12.2023
Before proceeding with the application process, candidates are strongly advised to thoroughly read the IDBI Bank Specialist Cadre Officer (SO) 2024 notification to understand the eligibility criteria and other essential details.
Important Links:
- Official Website: www.idbibank.in
- Online Application Portal: Click Here
- Detailed Notification: IDBI Bank SO Posts Recruitment 2024
Applicants are advised to keep a close eye on the official website for any updates or changes related to the recruitment process. It is recommended to regularly check for notifications, exam dates, and other relevant information.
In conclusion, the IDBI Bank Recruitment 2024 for 86 Specialist Cadre Officer (SO) posts is an excellent opportunity for candidates aspiring to build a career in the banking sector. Interested and eligible candidates should make the most of this chance by applying online within the specified dates and preparing diligently for the selection process.