Indian Overseas Bank (IOB) is based in Chennai with more than 2650 branches and 2 extension
counters. It has an ISO certified in-house information Technology
department.IOB also has a network of about 1433 ATMs all over India and IOB's
International VISA Debit Card is accepted at all ATMs belonging to the Cash
Tree and NFS networks. The net profit for the year ended March 31,2012 stood at
Rs 1,050.13 crore. Total income stood at Rs 19,578.13 crore as against Rs
13,326.56 crore registered during the same period last financial year.
Indian Overseas Bank inviting applicants from Indian Citizens
for recruitment of 551 Vacancies for various Specialist Officers positions.
Details of the posts:
TOP MANAGEMENT GRADE
(TMG SCALE VI)
1.Risk Management - - 1
post
Educational qualifications required for this job is Post
Graduate with CAIIB/MBA/ CFA with specialization in Risk Management/ Chartered
Accountant with qualification in Risk management.Familiarity with quantitative
techniques is desirable.
Experience required for this job is Minimum 12 years in
banking operations with a healthy mix of branch and corporate office exposure
of which at least 3 years as Assistant General Manager in Risk Management /
Treasury/Balance Sheet Management. Experience in RDBMS/Data Warehousing /
Business Intelligence would be preferred.
2.Integrated Treasury
Management - - 1 post
Educational qualifications required for this job is Post graduate
with CAIIB/ MBA (Finance)with specialization in Treasury Operations, CA with
qualifications in Treasury Management. Additional qualifications in Treasury
Management of IIBF, or like institutions will be desirable.
Experience required for this job is Minimum 12 years in
banking operations with a healthy mix of branch and corporate office exposure
of which at least 3 years experience in actively managing a treasury of a
medium sized bank with domestic and foreign currency assets of Rs 40000 Cr
above in capacity not below the rank of AGM.
3.Information
Technology - - 1 post
Educational qualifications required for this job is Post Graduate
in Science with CAIIB/Graduate or Postgraduate in Engineering.
Experience required for this job is Minimum 12 years
experience in a Bank, Of which at least 3 years as AGM IT. Hands on experience
or at least conceptual skills in networking, RDBMS is necessary.
4.Cash Management –
Transaction Banking - - 1 post
Educational qualifications
required for this job is Post graduate with CAIIB/ MBA (Finance/Marketing).
Experience required
for this job is Minimum 12 years in banking operations with a healthy mix of
branch and corporate office exposure of which at least 3 years as Assistant
General Manager in Transaction Banking/ Cash
Management Services. Experience/ Knowledge in Computer Operations would
be preferred.
Age required for
the above jobs are applicant not exceeding 50 years as on Ist May 2012.
SENIOR MANAGEMENT GRADE (SMG SCALE V)
5.Risk Management - -
2 posts
Educational qualifications required for this job is Post
Graduate with CAIIB/MBA/ CFA with specialization in Risk Management/ Chartered
Accountant with qualification in Risk management. Familiarity with quantitative
techniques is desirable
Experience required for this job is Minimum 10 years in
banking operations with a healthy mix of branch and corporate office exposure
of which at least 3 years (in the recent past) in Risk Management / Treasury/
Balance Sheet Management. Experience in RDBMS/Data Warehousing / Business
Intelligence would be preferred. The applicant must be in Senior Management (SM
IV/ SM V) for at least 3 years.
6.Information
Technology - MIS - -1 posts
Educational qualifications required for this job is Post
Graduate with CAIIB/MBA/ CFA with specialization in Risk Management/ Chartered
Accountant with qualification in Risk management. Familiarity with quantitative
techniques is desirable.
Experience required for this job is Minimum 10 years
experience in a Bank and corporate office exposure of which at least 3 years in
Senior Management Scale IV handling MIS portfolio - maintaining availability,
continuity and security of data of the Bank.
7.Media Officers - -
1 posts
Educational qualifications required for this job is Master/Bachelor’s Degree in Mass
Communications/ Journalism/Media from a University recognized by Govt. of
India.
Experience required for this job is Minimum of 5 years of
post qualification work experience in Public Relations or Media or related field.
Corporate office exposure of at least 3 years in Officer position in some
Public Sector Undertakings (PSUs) / Public Sector Banks (PSBs) would be preferred.
Age required for the above jobs are applicant's age must be
between 30 to 45 years as on Ist May 2012.
SENIOR
MANAGEMENT GRADE (SMG SCALE IV)
8.Chief Economist - -
1 post
Educational qualifications required for this job is Post
Graduate in Economics with a minimum of 55% marks from a recognized
University/Institution. M.Phil./ Ph.d. will be treated as additional
qualification.
Experience required for this job is A minimum of 7 years
experience in the field of economic research of which at least 4 years as economist
in a middle management position in a bank.
Age required for the above jobs are applicant's age must not
be exceed 40 years
MIDDLE
MANAGEMENT GRADE (MMG SCALE III)
9.Economist - - 4 posts
Educational qualifications required for this job is Post
Graduate in Economics with a minimum of 55% marks from a recognized
University/Institution. M.Phil./ Ph.d. will be treated as additional qualification.
Experience required for this job is A minimum of 5 years
experience in the field of economic research of which at least 2 years as
economist in a middle management position in a bank.
Age required for the above jobs are applicant's age must not
be exceed 35 years
MIDDLE
MANAGEMENT GRADE (MMG SCALE II)
10.Manager-Security
Officers (Manager - Security Officer 9 + Manager - Fire Officer 1=10) -10
Educational qualifications required for this job is Graduate
or its equivalent qualification from a University/Institute recognized by Govt.
of India.
Experience required for this job is An Officer with minimum
5 Years of Commissioned service in Army/Navy/Air Force or a Police Officer not
below the rank of Assistant Superintendent of Police/deputy Superintendent of
Police with 5 Years of Service or an officer of identical rank in Paramilitary
Force with 5 Years Experience
Age required for the above jobs are applicant's age must be
between 21 to 45 years as on Ist May 2012.
11.Manager Fire
Officer - -1 post
Educational qualifications required for this job is B.E. in Fire Engineering from National Fire services
College, Nagpur
or
Graduate from a University/Institute recognized by Govt. of
India with Sub officer Course from National Fire Service College, Nagpur And
Possessing Knowledge of Mandatory requirements of providing fire protection and
prevention in high rise business buildings as per National Building Code and
Bureau of Indian Standards
Experience required for this is Minimum 2 Years experience
as officer in a Fire Station of State Services.
12.Manager-Chartered
Accountants - - 25 posts
Educational qualifications required for this job is 65% or
its equivalent grade in Graduation and 55% in CA.
Experience required for this is 3 Years Experience in
Scheduled Commercial Bank preferably with special reference to handling of
corporate taxation/ or Minimum 2-3 Years experience in Scheduled Commercial
Bank in Treasury Operations/Risk Management/Audit Functions.
Age required for the above jobs are applicant's age must be
between 21 to 32 years as on Ist May 2012.
13.Manager-Company
Secretary - -1 post
Educational qualifications required for this job is Graduate
from a University/Institute recognized by Govt. of India & 65% marks in ACS
or its equivalent.
Experience required for this is Minimum 2-3 Years experience
in Scheduled Commercial Bank. Should Possess sound knowledge of handling
Accounts/Company Secretary function. Age required for the above jobs are
applicant's age must be between 21 to 30 years as on Ist May 2012.
14.Manager-Electrical
Engineer - -1 post
Educational qualifications required for this job is Graduate
in Electrical Engineering (B.E/B.Tech) with60% Marks or its equivalent from a
University/Institute recognized by Govt. of India.
Experience required for this is Minimum of 2 years post
qualification experience in the maintenance of Electrical Substation of 2500KVA
Transformer capacity and above, Electrical Distribution System in Multistory
Building and possessing valid Electrical Supervisors Certificate of Competency
issued by Electrical Licensing Board, Govt. Of Tamil Nadu Age required for the
above jobs are applicant's age must be between 21 to 35 years as on Ist May
2012.
15.Manager-Printing
Technologist - 1 post
Educational qualifications required for this job is Graduate from a University/Institute
recognized by Govt. of India and Technical: Diploma in Printing Technology with
special knowledge of photo lithography from University/Institute recognized by
Government of India.
Experience required for this is Minimum of Minimum of 5
Years practical experience in supervisory capacity of working in printing
press/publishing house.
Age required for the above jobs are applicant's age must be
between 21 to 30 years as on Ist May 2012.
16.Credit Officers -
-500 posts
Educational qualifications required for this job is 60% or its equivalent grade in Graduation and
CA/ICWA/CFA/MBA with specialization in Finance from a University/Institute
recognized by Govt. of India. CAIIB/Diploma in Banking and Finance by IIBF,
formal credit training at a scheduled commercial bank will be preferred.
Experience required for this is 3 years post qualification
experience in Scheduled Commercial Bank preferably with special reference to
handling of credit processing as an officer and should have sound knowledge of
Banking industry and Financial markets.
Age required for the above jobs are applicant's age must be
between 21 to 30 years as on Ist May 2012.
Relaxation in upper
age limit:
For Scheduled Caste/ Scheduled Tribe Candidates - -5 years
For Other Backward Classes Candidates - - 3 years
For Physically Challenged Category candidates - - 10 years
For Persons domiciled in Kashmir Division of Jammu &
Kashmir State during the period from 01.01.1980 to 31.12.1989 - - 5 years
For Ex-servicemen commissioned Officers, including ECOs/
SSCOs, who have rendered at least 5 years military service and have been
released on completion of assignment (including those whose assignment is due
to be completed within 12 months from the date prescribed for opening of online
registration) otherwise than by
way of dismissal or discharge on account of misconduct or
inefficiency or on account of physical disability attributable to military
service or on invalidment. - - 3 years in addition to number of years of
service in Defence Forces subject to a maximum of 50 years(in case of selection
only through interview)
5 years (in case of selection through Written Test and
interview).
Selection procedure:
All eligible candidates should apply online within the last
date of registering the applications. Eligible candidates will be considered
for selection process as under:
For posts 1 to 7 and
10 to 14 is defends on Group Discussion and/or an Interview.
For Posts 8 and 9 is brief written test on the day of the
interview followed by a Group Discussion and/or an Interview.
For Post 15. Written Test and Interview.
Written Examination
Centres:
The written examination will be held at the following
centres and the address of the venue will be advised in the call letters:
Chennai, Hyderabad, Bangalore, Mumbai, Delhi and Kolkata.
Application Fee:
For SC/ST/Physically challenged Rs.50/- only and for all
other candidates Rs.300/-.
How to apply:
Eligible candidates are required to apply 'ONLINE' only
through our website
www.iob.in and no other means/mode of application will be
acceptable. Candidates are advised to follow the following sequence of steps
while applying online.
Candidates are required to Log on to our Bank’s website
www.iob.in and click “Careers” column(available at the bottom of the bank’s
website), then the Careers page will open.
Candidates are required to go through the detailed
advertisement by clicking the “Advertisement(English)” or “Advertisement
(Hindi)” available under the title Recruitment of Specialist Officers – 2012 in
the Careers Page and ensure candidate’s eligibility to apply for the said post.
Applicants are required to take a print out of blank
“Payment Receipt/ Challan” available as an Annexure to this notification.
A system generated printed application form (online) for the
respective post applied, complete in all respects and with the documents
specified therein should be mailed only by ordinary post in a closed envelope
super-scribed “APPLICATION FOR POST OF __________________________ (POST CODE-
____) IN INDIAN OVERSEAS BANK”, to reach the prescribed address on or before
the last dates specified for receipt of the same:
INDIAN OVERSEAS BANK
SPECIALIST OFFICER RECRUITMENT PROJECT – 2012
Human Resources Development Department
Central Office, No. 763, Anna Salai, Chennai – 600002
The complete set of documents should reach us on or before
19.06.2012 at the address given above. For
candidates staying abroad and for those posting application
from Andaman & Nicobar Islands,
Lakshadweep, Assam, Megalaya, Arunachal Pradesh, Mizoram,
Manipur, Nagaland, Tripura, Sikkim, Ladakh Division of J & K State, Lahaul
and Spiti district and Pangi Sub division of Chamba District Himachal Pradesh, the
last date for receipt of applications will be 26.06.2012.
Important Dates:
Opening Date For Online Registration - -29.05.2012
Closing Date For Online Registration (for all applicants
including those from far flung area) - - 12.06.2012
Payment Of Application Fee/ Postage Charge (for all
applicants including those from far flung area) - - 29.05.2012 to 12.06.2012.
Last date for receipt of system generated print–out of
registered application along with payment
challan and other documents (Post Codes 1-14)- - 19.06.2012
Last date for receipt of system generated print–out of
registered application along with payment
challan and other documents (from far flung areas – See
Clause 8.A.b ) (Post Codes 1-14) - -26.06.2012
Tentative Date of Written Examination (Only for Post Code
15) - -29.07.2012
