Indian Bank SO Recruitment 2024: Apply now for 146 Specialist Officer

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Indian Bank SO Recruitment 2024 – India Bank, a leading Public Sector Bank, invites online applications for the post of Specialist Officer. There are a total of 146 vacancies to be filled for these posts. Candidates with the qualification of  Any degree/B.Tech/B.E./M.Tech/M.E/MBA/MCA/B.Sc/M.Sc/CA/ICWA/ICWA/CFA with required work experience is eligible to apply for this job. The selection is based on the written test and interview. Interested and eligible candidates can apply online on or before 01 April 2024. The detailed eligibility and application process for Indian Bank Careers are given below.

indian-bank-so-recruitment

Indian Bank Specialist Officer Recruitment:

The Indian Bank announced Specialist Officer Notification: Chief Manager/Senior Manager/Assistant Manager/Manager. There are 146 vacancies to be filled. The age limit will be 21 – 45 Years. The selected candidates will be paid a scale of Rs.36000 – 89890/- month. The selected candidates will be posted per the bank’s requirement and will be liable to be transferred anywhere in India. The online application submission is from 12 March 2024 to 01 April 2024. For more details, visit the official website, www.indianbank.in. Before applying for the post, candidates carefully read the job details below. The Education Qualification, Age limit, Age relaxation, Application Fee, Selection process, and Application process are all details mentioned below for clear understanding. Interested and Eligible Candidates can apply online for Indian Bank Careers on or before the last date.

Indian Bank Job Vacancy:

The selection process will be based on Shortlisting of applications followed by interview or Written / Online Test followed by Interview. A candidate can apply for only one post, and any candidate should submit no more than one application. The selected candidates in Scale I posts will be on probation for two years from the date of joining. Selected candidates in Scale II, III and IV posts will be on probation for one year from the date of joining. Their confirmation in the Bank’s service will be decided in terms of the provisions of the Indian Bank Officers Service Regulations 1979 (as amended up to date).

Indian Bank SO Recruitment 2024 Details:

Organization Name Indian Bank
Job Role Chief Manager/Senior Manager/Assistant Manager/Manager
Job Category Bank Jobs
Qualification Any degree/B.Tech/B.E./M.Tech/M.E/MBA/MCA/B.Sc/M.Sc/CA/ICWA/ICWA/CFA
Total vacancies 146 Posts
Experience Experienced
Salary Rs.36000 – 89890/- month
Job location Across India
Application Mode Online
Application Starts Date 12 March 2024
Last Date 01 April 2024
Official Website www.indianbank.in

Indian Bank Specialist Officer – Detailed Eligibility:

Educational Qualification:

1. Specialists for Credit:



Cheif Manager (Credit) :

  • CA or MBA (or equivalent PG Degree / Diploma) in Finance
  • Minimum seven years of Post Qualification work experience

Senior Manager (Credit) :

  • CA / ICWA or MBA (or equivalent PG Degree / Diploma) in Finance
  • Minimum Five years of Post Qualification work experience

2. Specialists for NR Business:



Assistant Manager – NR Business Relationship:

  • Graduation.
  • MBA (or equivalent PG Degree / Diploma) is desirable
  • 1 Year as Officer or 3 years as Clerk in a Scheduled Commercial Bank.

3. Specialists for Security:

Assistant Manager – Security:

  • Graduate from a Recognized University or equivalent AND
  • Certification in computer course for minimum three months OR
  • Information Technology or related paper as one of the subjects at graduation level or afterwards.
  • Certification in Firefighting/Fire Safety is desirable.
  • The candidate should be a Junior Commissioned Officer or equivalent with a  minimum of five years of service in the Rank of JCO in the Army/Navy/Air Force OR
  • The candidate should be of the rank equivalent to Inspector with a minimum of five years of service in Paramilitary Forces

4. Specialists for MSME:

Chief Manager – MSME Relationship:

  • Graduate in any discipline.
  • Professional qualifications viz. CAIIB / Certification in Credit from reputed institutions is desirable
  • Minimum eight years of post-qualification experience OR
  • Two years MBA (or equivalent PG Degree / Diploma) in Marketing / Finance or CA / CWA / ICWA
  • Minimum six years post-qualification experience

Senior Manager – MSME Relationship:

  • Graduate in any discipline.
  • Minimum six years post-qualification experience OR
  • 2 years MBA (or equivalent PG Degree / Diploma) in Marketing / Finance or CA / CWA / ICWA
  • Minimum 4 years post-qualification experience

Manager – MSME Relationship:

  • Graduate in any discipline.
  • Minimum 3 years post-qualification experience OR
  • 2 years MBA (or equivalent PG Degree / Diploma) in Marketing / Finance or CA / CWA / ICWA
  • Minimum 2years post-qualification experience

5. Specialist for Digital Marketing:

Chief Manager – Digital Marketing:

  • 2 years MBA (or equivalent PG Degree / Diploma) in Marketing
  • Minimum 8 years of marketing experience

Senior Manager – SEO and Website Specialist:

  • Bachelor’s degree or equivalent in Marketing, Mass Media / Communication
  • 2 years MBA (or equivalent PG Degree / Diploma) in Marketing is desired
  • Minimum 5 years of SEO, website management experience in E-Commerce / Banking / Fintech or a Consumer facing listed
    company.

Senior Manager – Social Media Specialist:

  • Bachelor’s degree or equivalent in Marketing, Mass Media / Communication
  • 2 years MBA (or equivalent PG Degree / Diploma) in Marketing is desired
  • Minimum 5 years of social media marketing in BFSI or Consumer facing listed company

 Senior Manager – Creatives expert:

  • Bachelor’s degree or equivalent in Marketing, Mass Media / Communication, Graphic Design, Visual Communication, Fine Arts in Creative Writing / Visual Art or similar discipline.
  • 2 years MBA (or equivalent PG Degree / Diploma) in Marketing is desired.
  • Minimum 5 years of experience in creatives, communications, designing, video creation and editing in BFSI

6. Specialist for Forex / Trade Finance:

Senior Manager/Manager – Forex/Trade Finance:

  • Graduate in any discipline. And
  • 2 years MBA (or equivalent PG Degree / Diploma) in Finance / International Business / Trade Finance. OR
  • CA from ICAI / CMA from ICWA / CFA from CFA institute USA.
  • Senior Manager: Minimum 5 years of work experience
  • Manager: Minimum 3 years of work experience

7. Specialist for Treasury:

Chief Manager:

  • Post Graduate Degree / Diploma in Business Management / Finance / Banking / Economics
  • Minimum 7 year experience

Manager: 

  • Graduate Degree AND MBA (or equivalent PG Degree / Diploma) in Finance / Banking OR
  • CA /ICWA /CFA /FRM will be desired.
  • FRM from GARP/ PRM from PRMIA/ CFA from CFA Institute
  • Minimum 2 year experience.

Senior Manager:

  • Graduate Degree AND MBA (or equivalent PG Degree / Diploma) in Finance / Banking
  • FRM from GARP/ PRM from PRMIA/ CFA from CFA Institute
  • Minimum 4 year experience

8. Specialist for Information Security Services Department:

Chief Manager/Senior Manager/Manager:

  • BE/BTech (ECE/CS/IT/Cyber Sec), MCA/ MSC (Comp Science / IT) / BSc (Comp Science) / (CyberSec)
  • Minimum 10 years, 5 years, 3 years of experience

9. Specialists for Information Technology:

Chief Manager/Senior Manager/Manager:

  • 4-year Engineering/Technology Degree in Computer Science/Computer Applications/ Information Technology/Electronics/ Electronics & Telecommunications/ Electronics & Communication/ Electronics & Instrumentation (OR)
  • Post Graduate Degree in Electronics/ Electronics & Tele Communication/ Electronics & Communication/ Electronics & Instrumentation/ Computer Science/ Information Technology/ Computer Applications (OR)
  • Graduate having passed DOEACC ‘B’ level
  • Minimum 7 years,5 years, 3 years of experience

10. Specialization in Risk Management:

Chief Manager/Senior Manager/Manager:

  • CA. OR
  • Master’s Degree in Mathematics / Statistics OR
  • Engineering graduate AND 2 years Post Graduate Degree / Diploma in Business Management / Banking / Finance
  • Minimum 8 years, 5 years, 3 years of experience

11. Specialization for Fraud Risk Management:

Chief Manager/Senior Manager/Manager:

  • B.E./ B.Tech. in Computer Science/Information Technology/ Electronics / Electronics & Communication / MCA / M.Sc. in Statistics/ MS in Data Science
  • Minimum 8 years, 5 years, 3 years of experience

Age Limit(As on 01 January 2024):  

Post Name of Indian Bank SO Recruitment 2024 Age Limit
Chief Manager – Credit 27 to 40 years
Senior Manager – Credit 25 to 38 years
Assistant Manager – NR Business Relationship 21 to 30 years
Assistant Manager – Security 25 to 45 years
Chief Manager – MSME Relationship 28 to 40 years
Senior Manager – MSME Relationship 26 to 38 years
Manager – MSME Relationship 23 to 35 years
Chief Manager – Digital Marketing 30 to 40 years
Senior Manager – SEO and Website Specialist 25 to 38 years
Senior Manager-Social Media Specialist 25 to 38 years
Senior Manager – Creatives expert 25 to 38 years
Senior Manager – Forex/Trade Finance 25 to 38 years
Manager – Forex/Trade Finance 23 to 35 years
Chief Manager – Treasury Dealer 29 to 40 years
Manager-Trading/Arbitrage In Currency Futures 22 to 35 years
Manager-Trading In Interbank FX- Spot: USD/INR 22 to 35 years
Manager-Trading In Interbank Cross Currency FX-Spot 22 to 35 years
Senior Manager-Trading In Interbank Cross Currency FX- Spot 24 to 38 years
Senior Manager-Trading In Interbank FX -Swap 24 to 38 years
Senior Manager-Trading/Arbitrage In FX-Currency Options 24 to 38 years
Senior Manager-Equity Dealer 24 to 38 years
Senior Manager-OIS Dealer 22 to 35 years
Manager-Equity Dealer 22 to 35 years
Manager-NSLR Dealer 22 to 35 years
Chief Manager – Information Security 30 to 40 years
Senior Manager – Information Security 25 to 38 years
Manager – Information Security 23 to 35 years
Chief Manager – Cloud Infrastructure Specialist 27 to 40 years
Chief Manager – DBA 27 to 40 years
Chief Manager – API Development 27 to 40 years
Senior Manager – Kubernetes Specialist 25 to 38 years
Senior Manager – Weblogic Administrator 25 to 38 years
Senior Manager – API Developer 25 to 38 years
Manager – DBA 23 to 35 years
Manager – Network 23 to 35 years
Manager – Information Security 23 to 35 years
Chief Manager – Model Validator: Risk Validator 28 to 40 years
Senior Manager – IRRBB 25 to 38 years
Senior Manager – Model Developer: Risk modelling 25 to 38 years
Senior Manager – Data Analyst 25 to 38 years
Manager – IRRBB 23 to 35 years
Manager – Climate Risk 23 to 35 years
Chief Manager- IT Risk 28 to 40 years
Chief Manager – EFRM Analyst 28 to 40 years
Senior Manager – IT Risk 25 to 38 years
Senior Manager – EFRM Analyst 23 to 45 years
Manager – IT Risk 23 to 35 years
Manager – EFRM Analyst 23 to 35 years
Manager – FRMC: Advance Fraud Examination 23 to 35 years

Age Relaxation of Indian Bank Specialist Officer Recruitment:

Category  Age Relaxation
Scheduled Caste/ Scheduled Tribe candidates 5 Years
Other Backward Classes (Non-Creamy Layer) candidates 3 Years
Persons with Benchmark Disabilities as defined under “The Rights of Persons with Disabilities Act, 2016.” 10 Years
Ex-servicemen, Commissioned Officers, including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least five years of military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment. 5 Years
Persons affected by the 1984 riots 5 Years

Indian Bank Job Vacancy Details: 146 Posts

Post Name of Indian Bank SO Recruitment 2024 Scale Vacancy
Chief Manager – Credit IV 10
Senior Manager – Credit III 10
Assistant Manager – NR Business Relationship I 30
Assistant Manager – Security I 11
Chief Manager – MSME Relationship IV 5
Senior Manager – MSME Relationship III 10
Manager – MSME Relationship II 10
Chief Manager – Digital Marketing IV 1
Senior Manager – SEO and Website Specialist III 1
Senior Manager-Social Media Specialist III 1
Senior Manager – Creatives expert III 1
Senior Manager – Forex/Trade Finance III 5
Manager – Forex/Trade Finance II 5
Chief Manager – Treasury Dealer IV 1
Manager-Trading/Arbitrage In Currency Futures II 1
Manager-Trading In Interbank FX- Spot: USD/INR II 1
Manager-Trading In Interbank Cross Currency FX-Spot II 1
Senior Manager-Trading In Interbank Cross Currency FX- Spot III 1
Senior Manager-Trading In Interbank FX -Swap III 1
Senior Manager-Trading/Arbitrage In FX-Currency Options  III  1
Senior Manager-Equity Dealer III 1
Senior Manager-OIS Dealer III 1
Manager-Equity Dealer II 1
Manager-NSLR Dealer II 1
Chief Manager – Information Security IV 1
Senior Manager – Information Security III 3
Manager – Information Security II 3
Chief Manager – Cloud Infrastructure Specialist IV 2
Chief Manager – DBA IV 2
Chief Manager – API Development IV 1
Senior Manager – Kubernetes Specialist III 2
Senior Manager – Weblogic Administrator III 1
Senior Manager – API Developer III 2
Manager – DBA II 3
Manager – Network II 1
Manager – Information Security II 1
Chief Manager – Model Validator:Risk Validator IV 1
Senior Manager – IRRBB III 1
Senior Manager – Model Developer: Risk modeling III 1
Senior Manager – Data Analyst III 1
Manager – IRRBB II 1
Manager – Climate Risk II 1
Chief Manager- IT Risk IV 1
Chief Manager – EFRM Analyst IV 1
Senior Manager – IT Risk III 1
Senior Manager – EFRM Analyst III 1
Manager – IT Risk II 1
Manager – EFRM Analyst II 1
Manager – FRMC: Advance Fraud Examination II 1
Total 146

Salary Details:

  • Scale I – Rs.36000 – 1490 – 46430 – 1740 – 49910 – 1990 – 63840/-
  • Scale II – Rs.48170 – 1740 – 49910 – 1990 – 69810/-
  • Scale III – Rs.63840 – 1990 – 73790 – 2220 – 78230/-
  • Scale IV – Rs.76010 – 2220 – 84890 – 2500 – 89890/-

Selection Process of Indian Bank Careers:

  • Depending upon the number of applications received, the Bank, at its discretion, will decide on the mode of selection viz.
    • Shortlisting of applications followed by interview or
    • Written / Online Test followed by Interview

Written Test:

The marks allotted for each stage of selection will be as follows:

Subject Questions Marks
Professional Knowledge (Respective Domain) 60 60
English Language 20 20
General Awareness with Special Reference to the Banking Industry 20 20
  • The duration of the exam will be 1 hour, 45 Minutes.
  • There will be a negative marking of 1/4th of the marks assigned to the question.

Cut-off score in Test:

  • The number of candidates to be called for an interview based on their performance in the written test is 3 times the vacancy for the unreserved category and five times the vacancy for the reserved category. Depending upon the number of vacancies, cut-offs on total mark will be decided, and candidates will be shortlisted for interview.

Interview:

  • The total marks in the interview will be 100.
  • The minimum qualifying mark in Test and Interview is 40 % for candidates belonging to unreserved category / EWS and 35 % for candidates belonging to SC/ST/OBC/PWBD categories.
  • In case a sufficient number of candidates are not available as per the qualifying criteria then Bank reserves the right to lower the qualifying marks/cut-off at its discretion.
  • The weightage for Test and Interview will be 80:20
  • If two or more candidates have obtained the same score in the Test / Interview, the merit order shall be decided as per date of birth (the candidate senior in age is placed before/above the candidate junior in age).

Application Fees:

  • SC/ST/PWBD: Rs. 175/- + GST (Only intimation charges)
  • UR/OBC/Others: Rs. 1000 /- + GST

Payment Mode:

  • Payment can be made by using debit or credit cards or Internet banking by providing information as requested on the screen.
  • The candidate will have to bear Bank Transaction charges for Online Payment of application fees/intimation charges.

How to Apply for Indian Bank SO Recruitment 2024?

All interested and eligible candidates can apply for the Indian Bank Jobs online on the official website of Indian Bank given below on or before 01 April 2024.

For More Details: Click here.

To Apply: Click here.


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Reviewed by Prasanth S