| Indian Overseas Bank, a
leading Public Sector Bank with headquarters in Chennai having
geographical presence all over India and abroad invites ON-LINE
applications from Indian Citizens for recruitment against 551 vacancies
for various Specialist Officers positions. Candidates are required to
apply through Bank’s website www.iob.in. No other means/mode of application will be accepted.
Before applying, candidates are advised
to ensure that they fulfill the stipulated eligibility criteria and to
fill their particulars online by themselves correctly.
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 |
29.05.2012 to 12.06.2012 |
|
area) |
|
|
|
Last date for receipt of system generated print–out of registered application along with payment |
19.06.2012 |
|
challan and other documents (Post Codes 1-14) |
|
|
Last date for receipt of system generated print–out of registered application along with payment |
26.06.2012 |
|
challan and other documents (from far flung areas – See Clause 8.A.b ) (Post Codes 1-14) |
|
|
|
|
|
|
Tentative Date of Written Examination (Only for Post Code 15) |
29.07.2012 |
|
|
|
1. DETAILS OF THE POSTS:
|
POST |
POST NAME |
NO OF |
AGE in years (as on |
|
CODE |
VACANCIES |
|
01.05.2012)* |
|
|
|
|
|
TOP MANAGEMENT GRADE (TMG SCALE VI) |
|
|
|
|
|
|
|
|
|
|
01 |
Risk Management |
1 |
|
|
|
|
|
|
|
|
|
02 |
Integrated Treasury Management |
1 |
Not exceeding 50 years |
|
|
|
|
|
03 |
Information Technology |
1 |
|
|
|
|
|
|
|
|
|
|
04 |
Cash Management – Transaction Banking |
1 |
|
|
|
|
|
|
|
|
|
|
SENIOR MANAGEMENT GRADE (SMG SCALE V) |
|
MIN |
|
MAX |
|
|
|
|
|
|
|
|
05 |
Risk Management |
2 |
Not exceeding 45 years |
|
|
|
|
|
06 |
Information Technology – (MIS) |
1 |
|
|
|
|
|
|
|
|
|
|
07 |
Media Officers |
1 |
30 |
|
45 |
|
|
|
|
|
|
|
|
|
SENIOR MANAGEMENT GRADE (SMG SCALE IV) |
|
|
|
|
|
|
|
|
|
|
08 |
Chief Economist |
1 |
Not exceeding 40 years |
|
|
|
|
|
|
|
|
MIDDLE MANAGEMENT GRADE (MMG SCALE III) |
|
|
|
|
|
|
|
|
|
|
09 |
Economist |
4 |
Not exceeding 35 years |
|
|
|
|
|
|
|
|
MIDDLE MANAGEMENT GRADE (MMG SCALE II) |
|
MIN |
|
MAX |
|
|
|
|
|
|
|
|
10 |
Manager-Security Officers |
10 |
21 |
|
45 |
|
(Manager - Security Officer 9 + Manager - Fire Officer 1=10) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11 |
Manager-Chartered Accountants |
25 |
21 |
|
32 |
|
|
|
|
|
|
|
|
12 |
Manager-Company Secretary |
1 |
21 |
|
30 |
|
|
|
|
|
|
|
|
13 |
Manager-Electrical Engineer |
1 |
21 |
|
35 |
|
|
|
|
|
|
|
|
14 |
Manager-Printing Technologist |
1 |
21 |
|
30 |
|
|
|
|
|
|
|
|
15 |
Credit Officers |
500 |
21 |
|
30 |
|
|
|
|
|
|
|
|
|
TOTAL |
551 |
|
|
|
|
|
|
|
|
|
|
* Relaxation in upper age limit for reserved category as per Govt. guidelines
Page 1 of 11
2. DETAILS OF RESERVATION
| Cadre/ Scale |
No of Vacancies |
SC |
ST |
OBC * |
GEN |
Of which PC |
| |
|
|
|
|
|
|
| TMGS – VI |
4 |
- |
- |
- |
4 |
- |
| SMGS – V |
4 |
- |
- |
- |
4 |
- |
| SMGS – IV |
1 |
- |
- |
- |
1 |
- |
| MMGS - III |
4 |
- |
- |
1 |
3 |
- |
| MMGS - II |
538 |
79 |
38 |
143 |
278 |
1 |
| TOTAL |
551 |
79 |
38 |
144 |
290 |
1 |
3. ELIGIBILITY CRITERIA
CUT-OFF DATE FOR ELIGIBILITY CRITERIA (EDUCATIONAL QUALIFICATION, EXPERIENCE, AGE ETC) SHALL BE COMPUTED AS ON 01.05.2012
A.Required minimum Educational Qualification and Post Qualification Work Experience for each post is as detailed below:
|
POST |
MINIMUM EDUCATIONAL QUALIFICATION |
EXPERIENCE |
|
|
TOP MANAGEMENT GRADE (TMG SCALE VI) |
|
|
Post Graduate with CAIIB/ |
Minimum 12 years in banking operations with a |
|
|
healthy mix of branch and corporate office |
|
|
MBA/ CFA with specialization in Risk |
|
|
exposure of which at least 3 years as Assistant |
|
Risk Management |
Management/ Chartered Accountant |
|
General Manager in Risk Management / Treasury/ |
|
with qualification in Risk management. |
|
|
Balance Sheet Management. Experience in |
|
|
Familiarity with quantitative techniques is |
|
|
RDBMS/Data Warehousing / Business Intelligence |
|
|
desirable |
|
|
would be preferred. |
|
|
|
|
|
|
|
|
|
Post graduate with CAIIB/ MBA (Finance) |
Minimum 12 years in banking operations with a |
|
|
with specialization in Treasury Operations, |
|
|
healthy mix of branch and corporate office |
|
|
CA with qualifications in Treasury |
|
Integrated Treasury |
exposure of which at least 3 years experience in |
|
Management. |
|
actively managing a treasury of a medium sized |
|
Management |
|
|
Additional qualifications in Treasury |
bank with domestic and foreign currency assets of |
|
|
|
|
Rs 40000 Cr above in capacity not below the rank |
|
|
Management of IIBF, or like institutions will |
|
|
of AGM |
|
|
be desirable. |
|
|
|
|
Information |
Post Graduate in Science with CAIIB/ |
Minimum 12 years experience in a Bank, Of which at |
|
least 3 years as AGM IT. Hands on experience or at |
|
Graduate or Postgraduate in Engg. |
|
Technology |
least conceptual skills in networking, RDBMS is |
|
|
|
|
|
necessary |
|
|
|
|
|
|
|
Minimum 12 years in banking operations with a |
|
Cash Management |
|
healthy mix of branch and corporate office |
|
Post graduate with CAIIB/ MBA (Finance/ |
exposure of which at least 3 years as Assistant |
|
– Transaction |
|
Marketing). |
General Manager in Transaction Banking/ Cash |
|
Banking |
|
|
Management Services. Experience/ Knowledge in |
|
|
|
|
|
|
Computer Operations would be preferred. |
|
|
|
|
Page 2 of 11
|
POST |
MINIMUM EDUCATIONAL QUALIFICATION |
|
|
EXPERIENCE |
|
|
|
|
|
|
|
SENIOR MANAGEMENT GRADE (SMG SCALE V) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Minimum 10 years in banking operations with a |
|
|
|
Post Graduate with CAIIB/ |
|
|
|
|
healthy mix of branch and corporate office |
|
|
Risk Management |
MBA/ CFA with specialization in Risk |
|
exposure of which at least 3 years (in the recent |
|
Management/ Chartered Accountant |
|
past) in Risk Management / Treasury/ Balance Sheet |
|
|
|
|
|
with qualification in Risk management. |
|
Management. Experience in RDBMS/Data |
|
|
|
|
Familiarity with quantitative techniques is |
Warehousing / Business Intelligence would be |
|
|
|
desirable |
|
|
|
|
|
|
|
preferred. The applicant must be in Senior |
|
|
|
|
|
|
|
|
|
|
|
|
|
Management (SM IV/ SM V) for at least 3 years. |
|
|
|
|
|
|
|
|
|
|
|
Minimum 10 years experience in a Bank and |
|
Information |
Post Graduate in Science with CAIIB/ |
|
corporate office exposure of which at least 3 years |
|
|
in Senior |
Management |
Scale IV handling MIS |
|
Technology – (MIS) |
Graduate or Postgraduate in Engineering. |
|
portfolio - |
maintaining |
|
availability, continuity and |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
security of data of the Bank |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Minimum of 5 years of post qualification work |
|
|
Master/Bachelor’s Degree in Mass |
|
|
experience in Public Relations or Media or related |
|
Media Officers |
|
|
field. Corporate office exposure of at least 3 years in |
|
Communications/ Journalism/Media from |
|
Officer position in some Public Sector Undertakings |
|
|
a University recognized by Govt. of India |
|
|
|
|
(PSUs) / Public Sector Banks (PSBs) would be |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
preferred. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SENIOR MANAGEMENT GRADE (SMG SCALE IV) |
|
|
|
|
|
|
|
|
|
Post Graduate in Economics with a |
A minimum of 7 years experience in the field of |
|
Chief Economist |
minimum of 55% marks from a recognized |
economic |
research of which at least |
4 years as |
|
|
University/Institution. |
|
|
|
|
|
economist in a middle management position in a |
|
|
M.Phil./ Ph.d. will be treated as additional |
|
|
bank. |
|
|
|
|
|
|
|
|
|
|
qualification |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MIDDLE MANAGEMENT GRADE (MMG SCALE III) |
|
|
|
|
|
|
|
|
|
Post |
Graduate |
in |
Economics |
with |
a |
A minimum of 5 years experience in the field of |
|
Economist |
minimum of 55% marks from a recognized |
|
economic |
research of which at least |
2 years as |
|
|
University/Institution. |
|
|
|
|
|
economist in a middle management position in a |
|
|
M.Phil./ Ph.d. will be treated as additional |
|
|
bank. |
|
|
|
|
|
|
|
|
|
|
qualification |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MIDDLE MANAGEMENT GRADE (MMG SCALE II) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
An Officer with minimum 5 Years of Commissioned |
|
Manager |
Graduate |
or its |
equivalent |
qualification |
service in Army/Navy/Air Force or a Police Officer |
|
from |
a University/Institute |
recognized |
by |
not below the rank of Assistant Superintendent of |
|
Security |
|
Govt. of India |
|
|
|
|
|
|
Police/deputy Superintendent of Police with 5 Years |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
of Service or an officer of identical rank in |
|
|
|
|
|
|
|
|
|
|
|
Paramilitary Force with 5 Years Experience |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B.E. in Fire Engineering from National Fire |
|
|
|
|
|
|
|
|
|
|
|
services College, Nagpur |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
or |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Graduate |
from |
a |
University/Institute |
|
|
|
|
|
|
|
|
|
|
Manager |
recognized by Govt. of India with Sub- |
|
|
|
|
|
|
|
|
|
|
officer Course from National Fire Service |
Minimum |
2 Years experience as officer |
in |
a Fire |
|
Fire Officer |
College, Nagpur |
|
|
|
|
|
|
Station of State Services. |
|
|
|
|
|
|
|
|
|
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 Years Experience in Scheduled Commercial Bank |
|
Manager |
|
|
|
|
|
|
|
|
|
preferably |
with |
special |
reference to |
handling of |
|
65% or its equivalent grade in Graduation |
corporate |
taxation/ |
or |
Minimum |
2-3 |
Years |
|
Chartered |
|
and 55% in CA |
|
|
|
|
|
|
experience in |
Scheduled |
Commercial |
Bank in |
|
Accountant |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Treasury |
Operations/Risk |
Management/Audit |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Functions |
|
|
|
|
|
|
|
|
|
Manager |
Graduate from a University/Institute |
|
Minimum 2-3 Years experience in Scheduled |
|
Company Secretary |
recognized by Govt. of India & |
|
|
Commercial Bank. Should Possess sound knowledge |
|
|
65% marks in ACS or its equivalent |
|
|
of handling Accounts/Company Secretary function. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Page 3 of 11 |
| POST |
MINIMUM EDUCATIONAL QUALIFICATION |
|
EXPERIENCE |
| |
|
|
MIDDLE MANAGEMENT GRADE (MMG SCALE II) |
| Manager |
|
|
|
|
|
Minimum of 2 years post qualification experience in the |
| Graduate in Electrical Engineering (B.E/B.Tech) with |
maintenance of Electrical Substation of 2500KVA |
| Electrical |
60% Marks or its equivalent from a University/Institute |
Transformer capacity and above, Electrical Distribution |
| Engineer |
recognized by Govt. of India |
|
|
System in Multistory Building and possessing valid |
| |
|
|
|
|
|
Electrical Supervisors Certificate of Competency issued |
| |
|
|
|
|
|
by Electrical Licensing Board, Govt. Of Tamil Nadu |
| |
|
|
| |
Graduate from a University/Institute recognized by |
|
| Manager |
Govt. of India and Technical: Diploma in Printing |
Minimum of 5 Years practical experience in |
| Printing |
Technology |
with |
special |
knowledge |
of |
supervisory capacity of working in printing |
| Technologists |
photolithography from University/Institute recognized |
press/publishing house. |
| |
by Government of India |
|
|
|
|
| |
60% or its equivalent grade in Graduation and |
|
| |
CA/ICWA/CFA/MBA with specialization in Finance |
3 years post qualification experience in Scheduled |
| Credit Officers |
from a University/Institute recognized by Govt. of |
Commercial Bank preferably with special reference to |
| India. |
|
|
|
|
handling of credit processing as an officer and should |
| |
CAIIB/Diploma in Banking and Finance by IIBF, formal |
have sound knowledge of Banking industry and |
| |
credit training at a scheduled commercial bank will |
Financial markets. |
| |
be preferred. |
|
|
|
|
|
| Note: i) In respect of educational qualification, 5% relaxation in percentage of marks is allowed for SC/ST/PC |
| candidates. |
|
|
|
|
|
D. RELAXATION IN UPPER AGE LIMIT
| S. No. |
CATEGORY |
AGE RELAXATION |
| |
|
|
|
| 1 |
Scheduled Caste/ Scheduled Tribe Candidates |
|
5 years |
| 2 |
Other Backward Classes Candidates |
|
3 years |
| 3 |
Physically Challenged Category candidates |
|
10 years |
| 4 |
Persons domiciled in Kashmir Division of Jammu & Kashmir State |
|
5 years |
| during the period from 01.01.1980 to 31.12.1989 |
|
| |
|
|
| |
Ex-servicemen commissioned Officers, including ECOs/ SSCOs, who |
3 years in addition to number of |
| |
have rendered at least 5 years military service and have been |
years of service in Defence Forces |
| |
released on completion of assignment (including those whose |
subject to a maximum of 50 years |
| 5 |
assignment is due to be completed within 12 months from the date |
(in case of |
selection only through |
| prescribed for opening of online registration) otherwise than by |
interview) |
|
| |
|
| |
way of dismissal or discharge on account of misconduct or |
|
|
| |
inefficiency or on account of physical disability attributable to |
5 years (in case of selection through |
| |
military service or on invalidment |
Written Test and interview) |
| 5. |
SALARY AND EMOLUMENTS |
|
|
|
| |
|
|
|
|
|
| |
|
Scale/ Grade |
|
|
Scale of Pay |
| |
|
TMGS – VI * |
` 42000 – 1200/4 – 46800 |
| |
|
SMGS – V* |
` 36200 |
– 1000/2 – 38200 – 1100/2 – 40400 |
| |
|
SMGS – IV * |
` 30600 |
– 900/4 – 34200 |
– 1000/2 - 36200 |
| |
|
MMGS – III * |
` 25700 |
– 800/5 / 29700 – 900/2 - 31500 |
| |
|
MMGS – II |
` 19400 |
– 700/1 – 20100 |
– 800/10 – 281 |
A. ONLY FOR POST CODES 1 – 14
a)Attach the following documents (photocopies) to the system generated printed Online application form:
(i)Document evidencing date of birth such as Birth Certificate or School leaving Certificate/ SSC/HSC Certificate
(ii)Final Degree Certificate in respect of passing graduate/ post graduate degree
(iii)Year-wise/
Semester-wise mark sheets along with final consolidated mark sheet for
the graduate and post graduate degree or professional course
(iv)Medical certificate in case of PC candidates duly authorized by Certifying Authority
(v)Caste certificate in case of candidates belonging to SC/ ST Category
(vi)OBC
certificate with non creamy layer clause based on income for the
financial year 2011-12 and issued on or after 01.04.2012 in case of
candidates belonging to OBC Category.
(vii)Work Experience Certificates from their employers clearly stating the period and nature of employment/ duties.
(viii)No
objection certificate from their employer, in case of candidates serving
in Government/ Public Sector undertaking (including Banks and Financial
Institutions)
(ix)Original fee payment challan
b)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. |