Indian Bank, a leading public sector bank with its head quarters in Chennai, has released an official Indian Bank Recruitment 2024 Notification for the recruitment of the Vertical Head – R & GR (Resources and Government Relationship) Department on a contractual basis for the year 2024. The bank is inviting applications from experienced and qualified Indian professionals for this prestigious position, providing a significant opportunity for banking professionals to contribute to the growth and strategic direction of the bank’s liabilities and relationship management functions.
Indian Bank Recruitment 2024 Notification Key Details:
• Position: Vertical Head - R & GR Department
• Location: Chennai, Tamil Nadu, or as determined by the bank
• Contract Type: Contractual engagement for an initial period of 3 years, with the possibility of extension up to 5 years based on performance.
• Application Deadline: 14th October 2024
Eligibility Criteria For Indian Bank Recruitment 2024:
1. Age Limit:
• Minimum: 36 years
• Maximum: 57 years (as of 01.09.2024)
Educational Qualifications:
• Mandatory: Graduate in any discipline from a recognized university (by the Government of India, AICTE, or equivalent body).
• Desirable: CA/MBA (Marketing) or equivalent – Regular/Classroom program preferred.
2. Experience:
• Minimum: 15 years of post-qualification work experience in banking service, with at least one role as the Head/Deputy Head of a vertical or department.
• Equivalent Experience: Candidates with experience equivalent to the Deputy General Manager level in Public Sector Banks (PSBs) are also eligible.
• Specific Experience Requirement: Out of 15 years, at least 5 years should be in a senior management role in the liabilities vertical.
• Preferred Experience:
Candidates should have experience in leading diverse teams in large Indian banks with a business volume of at least INR 2 lakh crores as of 31st March 2024.
Important Dates:
Here are some important dates related to the Indian Bank Recruitment 2024 for the Vertical Head - R & GR Department at Indian Bank:
| Important Dates | |
|---|---|
| Notification Release Date | 30th September 2024 |
| Applications Start Date | 30th September 2024 |
| Applications Last Date | 14th October 2024 |
Key Responsibilities:
The selected candidate will oversee all operational activities related to the Liabilities Department as part of the Indian Bank Recruitment 2024. Responsibilities include:
• Developing and implementing strategies to meet business targets set by the bank.
• Expanding government deposits and liaising with government departments to foster new business opportunities.
• Enhancing the retail liability product portfolio, including savings, current, and term deposit accounts.
• Improving digital customer experiences and ensuring seamless functionality of digital products.
• Designing and launching new products and policies related to the liabilities business.
• Managing high net worth customer relationships and ensuring risk mitigation and compliance.
Indian Bank Recruitment 2024 Remuneration:
The remuneration for the position in the Indian Bank Recruitment 2024 will be negotiable and will not be a limiting factor for a deserving candidate. It consists of:
• Fixed Pay: Generally forming 80% of the Cost to Company (CTC).
• Variable Pay: Linked to the achievement of specific business targets and will be paid quarterly.
Application Fees:
• SC/ST/PwBD Candidates: INR 100 (inclusive of GST)
• All Other Candidates: INR 1000 (inclusive of GST)
Indian Bank Recruitment 2024 Selection Process:
• Application Review: Applications will be reviewed by a designated committee to ensure they meet eligibility criteria.
• Interview: Shortlisted candidates will be invited for an interview.
• Preliminary Assessment: If the applicant pool is large, a preliminary written test or group discussion may be conducted.
• Final Selection: The final decision will be made based on the performance in the interview and any preliminary assessments.
How to Apply For Indian Bank Recruitment 2024
1. Application Format: Candidates must submit their applications in the prescribed format (Annexure A).
2. Required Documents: Include photocopies of:
• Proof of Date of Birth
• Educational qualifications (mark sheets and certificates)
• Experience certificates detailing designation, job profile, period of service, and emoluments
• Photo identity proof and address proof
3. Submission Address: Send the completed application form in a sealed envelope marked “Application for the post of Vertical Head – R & GR Department on Contractual Basis - 2024” to:
Chief General Manager (CDO & CLO)
Indian Bank, Corporate Office, HRM Department, Recruitment Section
254-260, Avvai Shanmugam Salai, Royapettah, Chennai, Pin - 600 014, Tamil Nadu.
4. Deadline for Applications: Applications must be submitted by 14th October 2024.
Important Links:
| Important Links | |
|---|---|
| Official Notification | Click Here |
| Official Website | Indian Bank Official Website |
