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NPS Trust Recruitment 2023: National Pension System Trust has announced an online job notification for recruitment for Officer Grade A and B(Manager/Assistant Manager). There are 05 vacancies to be filled for this post. Interested candidates who are all eligible for NPS Careers can apply. The educational qualification of the candidates must be B.E/B.Tech/MBA/M.Fin/CA/Any Master’s Degree/LLB. The eligibility details for NPST Recruitment and the selection process of NPS Trust Recruitment are given below.

NPS: The National Pension System is a voluntary defined contribution pension system in India. National Pension System, like PPF and EPF is an EEE instrument in India where the entire corpus escapes tax at maturity and entire pension withdrawal amount is tax-free. The contributory pension system was notified by the Government of India on 22 December 2003, now named the National Pension System (NPS) with effect from 1 January 2004. The NPS was subsequently extended to all citizens of the country with effect from 1 May 2009, including self-employed professionals and others in the unorganized sector on a voluntary basis.

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NPS Trust Recruitment 2023 for Officer Grade A & B:

Job Role	Officer Grade A and B
Job Type	Govt Jobs
Qualification	B.E/B.Tech/MBA/M.Fin/CA/Any Master’s Degree/LLB
Total Vacancies	05 Posts
Experience	Freshers
Salary	Rs.44,500-55,200/-
Job Location	New Delhi
Last Date	24 December 2023

Detailed Eligibility of NPS Careers:

Educational Qualification for NPST Recruitment:

Grade B – Manager:

Risk Management:

Qualification: MBA/M.Fin/CA in Business administration or equivalent with specialization in Finance / Associate Chartered Accountant (ACA) or Fellow Chartered Accountant (FCA) from ICAI (Institute of Chartered Accountants of India/ Chartered Financial Analyst (CFA) from CFA Institute.

Experience: Minimum of 03 years of post-qualification experience in dealing with problems relating to pension/ financial sectors, with special knowledge in risk management and investment management.

Finance & Accounts:

Qualification: Associate Chartered Accountant (ACA) or Fellow Chartered Accountant (FCA) from ICAI (Institute of Chartered Accountants of India).

Experience: Minimum 03 years of postqualification experience in drawing up and finalising financial results, accounts, budgeting, cash flows, investment, TDS, income tax, audit and payroll processing.

Grade A – Assistant Manager:

General:

Qualification: Any Master’s Degree/LLB/B.E/B.Tech from a recognized university, Associate Chartered Accountant (ACA) or Fellow Chartered Accountant (FCA) from ICAI (Institute of Chartered Accountants of India)/ Associate Cost and Management Accountant (ACMA) [erstwhile Associate of Institute of Cost & Works Accountant of India (AICWA)] or Fellow Cost and Management Accountant (FCMA) [erstwhile Fellow of Institute of Cost & Works Accountant of India (FICWA)] from Institute of Cost Accountants of India (ICMAI) [erstwhile Institute of Cost & Works Accountants of India(ICWAI)] / Associate Company Secretary (ACS) or Fellow Company Secretary (FCS) from Institute of Company Secretaries of India (ICSI) / Chartered Financial Analyst (CFA) from CFA Institute.

Risk Management:

Experience: Minimum 02 years of post-qualification experience in dealing with problems relating to pension/ financial sectors, special knowledge in Risk Management and Investment Management.

Investment & Research:

Experience: Minimum 02 years post-qualification experience in the relevant field.

Duration: Probation of 1 year from the date of joining.

Age Limit: 30 years

Age Relaxation:

SC/ST: 05 Years
OBC: 03 Years
PWBD: 10 Years
Ex-Servicemen: 05 Years

Vacancies for NPS Careers: 05 Posts

Officer Grade A (Assistant Manager): 03 Posts
Officer Grade B (Manager): 02 Post

Salary for NPS Careers:

Officer Grade B (Manager): Rs.44,500/-
Grade A (Assistant Manager): Rs.55,200/-

Selection Process for NPST Recruitment:

The mode of selection shall be a three-stage process, i.e. Phase I (online screening examination), Phase II (online examination consisting of two papers of 100 marks each) and Phase III (Interview).

Grade B – Manager:

Phase I (on-line examination):

Paper	Stream	Subjects	Max. Marks	Duration
Paper I	All Streams	Multiple choice questions on the subjects viz. General Awareness (including some questions related to the Financial Sector of easy-to-moderate difficulty level), English Language, Quantitative Aptitude and Reasoning	100	60 minutes
Paper II	All Streams	Multiple choice questions on Specialized subjects related to the stream.	100	40 minutes

The composition of paper 1 for Phase I (online examination) is as follows:

Stream	Tests	No. of questions	Max. Marks	Duration (in minutes)
All Streams	English Language	20	25	60 minutes
	Reasoning	20	25
	General + Financial Sector Awareness	20	25
	Quantitative Aptitude	20	25
	Overall Total	80	100

Phase II (On-Line Examination):

Paper	Streams	Subject	Max. Marks	Duration
Paper 1	All Streams	English (Descriptive Test)	100	60 minutes
Paper 2	All Streams	Multiple choice questions on specialized subjects related to the stream.	100	40 minutes

Note:

There shall be a negative marking (1/4th of the marks assigned to the question).
All question papers (in both phases, except the English test) will be set bilingually in Hindi and English.

Phase III (Interview):

Only the shortlisted candidates will be called for interview.

The following weightage will be applied while preparing the final merit list for selection:

Marks obtained in Phase II online examination: 50%
Work experience as mentioned in Section – III (Eligibility Criteria): 20%
Marks obtained in Interview: 30%