IDBI Bank Recruitment 2024 86 SO Posts; Apply Now!  

IDBI Bank invites Online applications for the recruitment of 86 Specialist Cadre Officer (SO) Posts. This online facility will be available in the Official website @ https://www.idbibank.in/ from 09.12.2023 to 25.12.2023. Before applying for the recruitment, candidates must carefully read the IDBI Bank Specialist Cadre Officer (SO) 2024 notification and ensure their eligibility.

IDBI Bank Recruitment 2024  [Quick Summary]

Organization Name:IDBI Bank Ltd
Notification No:11 / 2023-24 
Employment Type:Regular Basis
Total No of Vacancies: 86 Specialist Cadre Officer (SO) Posts
Place of Posting: Anywhere In India 
Starting Date: 09.12.2023 
Last Date: 25.12.2023 
Apply Mode:Online
Official Website https://www.idbibank.in/ 

Latest IDBI Bank Vacancy Details:

IDBI Bank Invites Applications for the Following Posts

SI NoName of PostsNo. of Posts
1.Assistant General Manager (Grade D) – Audit- Information System (IS)04
2.Deputy General Manager (Grade C) – Fraud Risk Management (FRM)-Fraud -Analytics01
3.Assistant General Manager (Grade C) – Fraud Risk Management (FRM)- FRM02
4.Assistant General Manager (Grade C) – Fraud Risk Management (Grade C)- Fraud Analytics02
5.Manager – Fraud Risk Management- FRM02
6.Manager – Fraud Risk Management- Fraud Analytics02
7.Manager (Grade B) – Risk Management -Credit Risk02
8.Assistant General Manager (Grade B) – Risk Management -Information Security Group (ISG)05
9.Manager (Grade B)- Risk Management -Information Security Group (ISG)01
10.Assistant General Manager (Grade B) – Corporate Credit/ Retail Banking (including Retail Credit) – Mid/ Large Corporate Group/ Structured Retail Assets/ Credit Solution Center/ Retail Banking etc.25
11.Manager (Grade B) – Corporate Credit/ Retail Banking (including Retail Credit) – Mid/ Large Corporate Group/ Structured Retail Assets/ Credit Solution Center/ Retail Banking etc.31
12.Assistant General Manager (Grade B) – Infrastructure Management Department (IMD) – Premises01
13.Manager  (Grade B)- Infrastructure Management Department (IMD) – Premises04
14.Manager (Grade B) – Security -Security04
 Total86

Eligibility Criteria:

Educational Qualification:

1. Assistant General Manager – Audit- Information System (IS)
Educational Qualification: B Tech / BE in – Information Technology (IT) /Electronics & Communications/ Software Engineering/ Electronics & Electrical/ Electronics/ Computer Science/Digital Banking/ BCA/ B.Sc. (Computer Science/ IT) from any University recognized by Govt. of India or its regulatory bodies. OR Graduates in any stream with valid Certified Information Systems Auditor (CISA) certification OR M.Sc. (IT/ Computer Science)/ MCA/ M Tech/ M.E – Information Technology (IT) /Electronics & Communications/ Electronics & Electrical/ Electronics/Software Engineering/ Digital Banking/ Computer Science from the University recognized by Govt. of India or its regulatory bodies. Qualifications/Certifications viz Certified Information Security Manager (CISM)/ Certified in Risk and Information Systems Control (CRISC)/ Certified Information Systems Security Professional (CISSP), Certified Information System Auditor (CISA) will be preferred.
Experience: Minimum 7 years as an officer or equivalent in BFSI of which 4 years should be in the functional area of Information System (IS) Audit as per the notified job description.
2. Deputy General Manager – Fraud Risk Management (FRM)-Fraud -Analytics –
Educational Qualification: Graduate in B.Sc. Mathematics /Statistics /B.Tech from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in M.Sc. in Mathematics/Statistics from any University recognized by Govt. of India or its regulatory bodies and / or having professional qualification/certification in Data Science.
Experience: Minimum 10 years of experience as an officer or equivalent in BFSI/ Financial Technology Sector. Out of which minimum 7 years of experience in Data Science. Preference to be given to those who are having experience in Fraud Risk Management function.
3. Assistant General Manager – Fraud Risk Management (FRM)- FRM –
Educational Qualification: Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in any stream from any University recognized by Govt. of India or its regulatory bodies and/ or having Certified Bank Forensic Accountant (CBFA)/ Certified Risk Manager (CRM)/ Certified Fraud Examiner (CFE)/ Financial Risk Manager (FRM) qualifications.
Experience: Minimum 7 years of experience as an Officer or equivalent in BFSI / Financial Technology Sector. Out of which minimum 4 years of experience in Fraud Risk Management and preferably having experience in Digital Banking Channels and Payment Eco System (viz. Card Related BusinessAcquiring / Issuing, Mobile & Internet Banking, UPI, AePS etc)
4. Assistant General Manager – Fraud Risk Management- Fraud Analytics –
Educational Qualification: Graduate in B.Sc. Mathematics /Statistics /B.Tech from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in M.Sc. in Mathematics/Statistics from any University recognized by Govt. of India or its regulatory bodies.
Experience: Minimum 7 years of experience as an Officer or equivalent in BFSI sector. Candidates having experience in statistical tools /R, Python and SAS software shall be preferred. Out of above 4 years of experience in Fraud Risk Management function.
5. Manager – Fraud Risk Management- FRM –
Educational Qualification:  Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in any stream from any University recognized by Govt. of India or its regulatory bodies and / or having Certified Bank Forensic Accountant (CBFA)/ Certified Risk Manager (CRM)/ Certified Fraud Examiner (CFE)/ Financial Risk Manager (FRM) qualifications.
Experience: Minimum 4 years of experience as an officer or equivalent in BFSI/ Financial Technology Sector. Out of above, minimum 2 years of experience in Fraud Risk Management and preferably having experience in Digital Banking Channels and Payment Eco System (viz. Card Related BusinessAcquiring / Issuing, Mobile & Internet Banking, UPI, AePS etc.).
6. Manager – Fraud Risk Management- Fraud Analytics –
Educational Qualification: Graduate in B.Sc. Mathematics /Statistics /B.Tech from any University recognized by Govt. of India or its regulatory bodies. Preference will be given to the candidates having Masters/ Post Graduate in M.Sc. in Mathematics/Statistics from any University recognized by Govt. of India or its regulatory bodies.
Experience: Minimum 4 years of experience as an Officer or equivalent in BFSI sector. Candidates having experience in statistical tools/ R. Python and SAS software shall be preferred. Out of above 2 years of experience in Fraud Risk Management function.
7. Manager – Risk Management -Credit Risk –
Educational Qualification: CA/MBA (Specialization in Banking/ Finance) /CFA/FRM/ICWA
Experience: Minimum 4 years of experience as an officer or equivalent in Scheduled Commercial Banks (SCBs)/ Corporate Entities/BFSI. Out of above, 2 years of experience is preferred in a similar functional area.
8. Assistant General Manager – Risk Management -Information Security Group (ISG) –
Educational Qualification: B.E. / B. Tech. (in Computer Science & Engineering / Computer Science / Information Technology / Information and Communication Technology/ Electronics & Communications / Electrical/ Electronics & Electrical Engineering)/ BCA/ BSc (Computer Science/ IT) from the University recognized by Govt. of India or its regulatory bodies OR MCA / MSc (Computer Science) / MSc (IT) from the University recognized by Govt. of India or its regulatory bodies. Professional Certifications viz. Certified Information Systems Auditor (CISA) / Certified Information Security Manager (CISM) / Certified Information Systems Security Professional (CISSP) / Offensive Security Certified Professional (OSCP) / Certified Ethical Hacker (CEH) / Certified Information Security Professional (CISP), Diploma in Information System Audit (DISA) shall be preferred.
Experience: Minimum 7 years of experience as an officer or equivalent in IT/ BFSI Sector / Financial Technology (FinTech) or any Corporate entity having department/ division/ subsidiary of Information Technology / Information Security / Cyber Security. Out of above, 4 years’ experience should be in the area of Information Security / Cyber Security.
9. Manager – Risk Management -Information Security Group (ISG) –
Educational Qualification: B.E. / B. Tech. (Computer Science & Engineering / Computer Science / IT/ Information and Communication Technology/ Electronics & Communications / Electrical/ Electronics & Electrical Engineering)/ BCA/BSc (Computer Science/ IT) from the University recognized by Govt. of India or its regulatory bodies OR MCA/ MSc (Computer Science)/ MSc (IT) from the University recognized by Govt. of India or its regulatory bodies. Professional Certifications viz. Certified Information Systems Auditor (CISA) / Certified Information Security Manager (CISM) / Certified Information Systems Security Professional (CISSP) / Offensive Security Certified Professional (OSCP) / Certified Ethical Hacker (CEH) / Certified Information Security Professional (CISP), Diploma in Information System Audit (DISA) shall be preferred.
Experience: Minimum 4 years of experience as an officer or equivalent in IT/ BFSI Sector / Financial Technology (FinTech) or any Corporate entities having department/ division/ subsidiary of Information Technology / Information Security / Cyber Security. Out of above, 2 years’ experience should be in the area of Information Security / Cyber Security.
10. Assistant General Manager – Corporate Credit/ Retail Banking (including Retail Credit) –
Educational Qualification: Post-Graduate degree from any University recognized by Govt. of India or its regulatory bodies. Additional qualifications like JAIIB/CAIIB/MBA shall be preferred.
Experience: Minimum 7 years of experience in Corporate Finance/ Corporate Credit/ Retail Credit (functions viz. Sanction/ Credit Monitoring/ credit appraisal, credit administration/ operations, credit risk, etc.) in Scheduled Commercial Banks (as defined under RBI Act). Out of above, minimum 4 years’ experience of Corporate/ Retail finance in the areas viz. credit sourcing & appraisal of large ticket size loans, documentation, credit administration/operations, credit risk, Credit recovery etc.
11. Manager – Corporate Credit/ Retail Banking (including Retail Credit) –
Educational Qualification: Graduation from any University recognized by Govt. of India or its regulatory bodies. Additional qualifications like JAIIB/CAIIB/MBA would be preferred.
Experience: Minimum 4 years of experience in Corporate Finance/ Corporate Credit (Credit functions viz. Sanction/ Credit Monitoring/ credit appraisal, credit administration/ operations, credit risk, etc.) in Scheduled Commercial Banks as defined under RBI Act. Out of above, minimum 2 years’ experience of Corporate / retail finance in the areas of credit sourcing & appraisal of large ticket size loans, documentation, credit administration /operations, credit risk, Credit recovery etc.
12. Assistant General Manager – Infrastructure Management Department (IMD) – Premises –
Educational Qualification: B.Tech/ B.E in Civil/ Electrical Engineering/ Electrical & Electronics/ dual specialization wherein one of the specialization should be Civil/ Electrical Engineering from any University recognized by Govt. of India or its regulatory bodies.
Experience: Minimum 7 years of experience as an officer or equivalent in BFSI sector and/ or Large Corporates from Infrastructure sector /PSU. Out of above at least 4 years’ experience in handling Civil/Electrical/Engineering activities including tendering process, maintenance of office building/ quarters & work related to setting up of new branches/offices.
13. Manager – Infrastructure Management Department (IMD) – Premises
Educational Qualification: B.Tech/B.E in Civil/ Electrical Engineering/ Electrical & Electronics/ dual specialization wherein one of the specialization should be Civil/ Electrical Engineering from any University recognized by Govt. of India or its regulatory bodies. Experience: Minimum 4 years of experience as an officer or equivalent in BFSI sector and/ or Large Corporates from Infrastructure sector/ PSU. Out of above at least 2 years’ experience in handling Civil/Electrical/ Various Engineering activities including tendering process, maintenance of office building/ quarters & work related to setting up of new branches/offices.
14. Manager – Security -Security
Educational Qualification: Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies.
Experience: Minimum 4 years of experience of Commissioned Service, not below the rank of Captain (in Indian Army or equivalent Rank in Indian Navy/ Air force), Assistant Superintendent/ Deputy Superintendent/ Assistant Commandant/ Deputy Commandant (in Indian Police/ Paramilitary Forces). Out of above, minimum 2 years of experience as an Officer in relevant function area. Preference will be given to candidates having relevant experience as an officer in Banking, Financial Services and Insurance (BFSI). (Note – Officers of Armed Forces/Para-military forces having experience solely in accounts, administrative or support functions will not be considered.)

Age Limit: (As on 25.12.2023)

1. Assistant General Manager – Audit- Information System (IS) – Min – 28 Max – 40 years
2. Deputy General Manager – Fraud Risk Management (FRM)-Fraud -Analytics – Min – 35 Max – 45 years
3. Assistant General Manager – Fraud Risk Management (FRM)- FRM – Min – 28 Max – 40 years
4. Assistant General Manager – Fraud Risk Management- Fraud Analytics – Min – 28 Max – 40 years
5. Manager – Fraud Risk Management- FRM – Min – 25 Max – 35
6. Manager – Fraud Risk Management- Fraud Analytics – Min – 25 Max – 35 years
7. Manager – Risk Management -Credit Risk – Min – 25 Max – 35 years
8. Assistant General Manager – Risk Management -Information Security Group (ISG) – Min – 28 Max – 40 years
9. Manager – Risk Management -Information Security Group (ISG) – Min – 25 Max – 35 years
10. Assistant General Manager – Corporate Credit/ Retail Banking (including Retail Credit) – Mid/ Large Corporate Group/ Structured Retail Assets/ Credit Solution Center/ Retail Banking etc. – Min – 28 Max – 40 years
11. Manager – Corporate Credit/ Retail Banking (including Retail Credit) – Mid/ Large Corporate Group/ Structured Retail Assets/ Credit Solution Center/ Retail Banking etc. – Min – 25 Max – 35 years
12. Assistant General Manager – Infrastructure Management Department (IMD) – Premises – Min – 28 Max – 40 years
13. Manager – Infrastructure Management Department (IMD) – Premises- Min – 25 Max – 35 years
14. Manager – Security -Security- Min – 25 Max – 35 years

Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules. Go through IDBI Bank official Notification 2024 for more reference

Salary Details:

1. Deputy General Manager, Grade ‘D’ – Rs. 76010-2220(4)-84890-2500(2)-89890 (7 years) Gross emolument for metro cities will be ₹1,55,000/- per month (approx.)
2. Assistant General Manager, Grade ‘C’ – Rs. 63840-1990(5)-73790-2220(2)-78230 (8 years) Gross emolument for metro cities will be ₹1,28,000/- per month (approx.)
3. Manager – Grade ‘B’ – Rs. 48170-1740(1)-49910-1990(10)-69810 (12 years) Gross emolument for metro cities will be ₹98,000/- per month (approx.)

Selection Process:

IDBI Bank may follow the following process to select the candidates.

1. Preliminary Screening
2. Personal Interview

Application Fee: 

General, EWS & OBC – Rs. 1000/- (Application fee + Intimation charges) including GST
SC/ST – Rs.200/- (Intimation charges only) including GST
Note: The applicants shall pay the Application Fee as indicated in the Table Above through Online Payment Mode Only.

How to Apply:  

Candidate(s) fulfilling all the above clearly laid down criteria will have to apply online only through the link on the IDBI Bank website in the careers webpage under current openings section i.e. https://www.idbibank.in/ from 09.12.2023 to 25.12.2023. No other mode of application will be accepted.

Important Dates: 

Starting Date for Submission of Application09.12.2023
Last date for Submission of Application25.12.2023

Official Notification & Application Link:

IDBI Bank Official Website Career PageClick Here
IDBI Bank Official Notification PDFClick Here
Starting Date for Submission of Application: 09.12.2023
IDBI Bank Online Application FormClick Here
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