India Infrastructure Finance Company Limited (IIFCL) has announced the IIFCL Assistant Manager Recruitment 2024, offering 40 Grade A vacancies. This is a great opportunity for talented candidates to join a leading financial institution. Complete information about this recruitment is given in detail in this article. Interested candidates who want to get recruited in IIFCL Assistant Manager Recruitment 2024 must have complete information related to the recruitment.

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IIFCL Assistant Manager Recruitment 2024 Notification Out for 40 Grade A Posts




IIFCL Assistant Manager Recruitment 2024 Notification Out

With the registration dates scheduled from 07 December to 23 December 2024, the recruitment process is going to be competitive and rewarding for those who wish to pursue a career in infrastructure finance. IIFCL, a wholly-owned enterprise of the Government of India, is pivotal in providing financial support for infrastructure development across the country. The Assistant Manager Grade A position offers candidates an opportunity to not only contribute to nation building but also grow professionally in a challenging and rewarding environment.


IIFCL Assistant Manager Recruitment 2024: Overview

If you’re interested in this recruitment, be sure to review all the key details about the IIFCL Assistant Manager Recruitment 2024.

IIFCL Assistant Manager Recruitment 2024
Organization India Infrastructure Finance Company Limited (IIFCL)
Post Assistant Manager
Vacancy 40
Category Recruitment
Eligibility See in the article
Age limit Min: 21 Years, Max: 30 Years
Mode of Application Enrollment Online
Application Fees General/EWS/OBC-Rs.600
SC/ST/PwBD-Rs.100
Salary Rs. 44,500 per month (Approximately)
Official Website https://www.iifcl.in/careers



IIFCL Assistant Manager Recruitment 2024 Notification PDF

The IIFCL Assistant Manager Recruitment 2024 offers a golden opportunity for individuals passionate about making a difference in the infrastructure finance sector. With 40 Grade A vacancies, the recruitment drive might attract many candidates. The organization offers a competitive salary package, benefits, and a structured career growth pathway. To be eligible for the IIFCL Assistant Manager post, candidates must meet specific educational and professional criteria (varies as per post). The application process is entirely online, and candidates must complete their registration before the deadline of 23 December 2024.

Click Here to Download IIFCL Assistant Manager 2024 Notification PDF


IIFCL Assistant Manager Recruitment 2024: Important Dates

The organization has released the notification PDF with NIACL Assistant 2024 exam dates and other important dates. A summary of the important dates for NIACL Assistant Recruitment 2024 is given in the table below. Make sure to mark these dates and stay updated throughout the recruitment process.

Event
Important Date
Online Registration Opens 07 December 2024
Online Registration Closes 23 December 2024
Cut-off Date for Age Eligibility 30 November 2024
Cut-off Date for Educational Qualification / Post-Qualification Experience 30 November 2024
Tentative Date for Online Examination
January 2025*
Tentative Interview Schedule
January / February 2025*
Final Result Declaration
January / February 2025*


IIFCL Assistant Manager Recruitment 2024: Age Limit (as on 30-12-2024)

  • Minimum Age Limit: 21 Years
  • Maximum Age Limit: 30 Years
  • Age relaxation is applicable as per rules.


IIFCL Assistant Manager Recruitment 2024 Application Link

Candidates eager to apply for the IIFCL Assistant Manager Recruitment 2024 will be able to complete their registration through the direct Apply Online link provided below. The registration window is open from 07 December to 23 December 2024, and applicants must ensure they meet the eligibility criteria before proceeding. By clicking on the link, candidates can fill in the required details, upload necessary documents and pay the application fee to finalize their submission. Apply early to avoid last-minute hassles and secure your chance to join IIFCL as an Assistant Manager.

IIFCL Assistant Manager Recruitment 2024: Click Here to Apply Online


IIFCL Assistant Manager Recruitment 2024: Vacancy Details

Vacancy Details
Assistant Manager (Grade A)
Stream/Post Name Total Qualification
Project Financing, Stressed Asset Management 04 CA/CMA/ ICWA/PG Degree/PG Diploma (Management with Specialization in Finance/Banking & Finance)
Accounts 05 CA/CMA/ ICWA
Resource and Treasury 02 CA/CMA/ ICWA/PG Degree/PG Diploma (Management with Specialization in
Finance/Forex/Banking & Finance)
Information Technology 02 Degree/PG (Relevant Discipline)
Legal 02 Degree (LLB)
Secretarial Functions 01
Corporate Social Responsibility 01 PG Degree/PG Diploma (Corporate
Social Responsibility (CSR)/Master in Social Work or equivalent)
Environment and Social Safeguard 02 PG/PG Degree/PG Diploma (Relevant Discipline)
Risk Management 02 CA/PG Degree/PG Diploma (Management with Specialization in Finance/Banking & Finance)
Procurement 01 PG Degree/PG Diploma (Any Discipline)
Human Resource 02 PG Degree/PG Diploma (Managementwith Specialization in Human Resources/Industrial Relations/Personnel Management)
Research and Analysis 01 PG Degree/PG Diploma (Economics/Statistics)
Rajbhasha 01  
Compliance and Audit 01 PG Degree/PG Diploma (Any Discipline)
Corporate Communications 01 PG Degree/PG Diploma (Corporate Communication/Mass Communication/Advertising/Journalism or related fields)
General 12 CA//Degree (Law)B.E/B.Tech/BA/LLB/PG Degree/PG Diploma


IIFCL Assistant Manager Recruitment 2024 Application Fee

For the IIFCL Assistant Manager Recruitment 2024, the application fee and intimation charges vary based on the category. For General, OBC, and EWS candidates, the total fee is 600 INR, which includes an application fee of 500 INR and intimation charges of 100 INR. For SC, ST, and PwBD candidates, the total fee is 100 INR, which only includes the intimation charges, as there is no application fee for these categories.

SC/ST/PwBD: Rs. 100/- (Intimation Charges only)

UR/EWS/OBC: Rs. 600/- (Examination Fee and Intimation Charges)


IIFCL Assistant Manager Recruitment 2024 Eligibility Criteria

Before applying for IIFCL Assistant Manager Recruitment 2024, candidates must check the eligibility criteria prescribed by IIFCL. This includes educational qualification and age limit, which are detailed in the section below.

IIFCL Assistant Manager Educational Qualification

Various types of educational qualifications have been prescribed for IIFCL Assistant Manager Recruitment 2024, which you can check through the table given below.

Project Financing, Stressed Asset Management

Educational Qualification:

Post-Graduate Degree / Diploma in Management with Specialization in Finance / Banking & Finance

OR

Chartered Accountant (CA) / Certified Management Accountant (CMA/ICWA)

Desirable: Chartered Financial Analyst (CFA)

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Work experience in handling project financing, mid-large corporate credit appraisals, stressed asset management, recovery, and related areas.

Experience related to the infrastructure sector is desirable.

Accounts

Educational Qualification:

Chartered Accountant (CA) / Certified Management Accountant (CMA/ICWA)

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:


Experience in accounting and taxation-related areas.

Resource and Treasury

Educational Qualification:

Post-Graduate Degree / Diploma in Management with Specialization in Finance / Forex / Banking & Finance

OR

Chartered Accountant (CA) / Certified Management Accountant (CMA/ICWA)

Desirable: CFA / Certification in Treasury / Forex

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Experience in treasury functions, investment desk, asset-liability management, back-office functions such as settlements, reconciliation, valuation, forex & derivatives.

Experience in fund-raising and institutional resources mobilization.

Legal

Educational Qualification:

Bachelor’s Degree in Law (LLB)

Desirable: LLM

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs / Law firms / Practicing at Bar / Judicial Services or any other reputed organization.

Area of Experience:

As a Law Officer in Banks/financial institutions in public or private sector of repute / PSUs.

Or as an Advocate (including as an associate in an Advocate’s or solicitor’s office or Law firm) after being enrolled under the Advocates Act, 1961 (25 of 1961).

Or experience in Supreme Court of India / High Courts / other Courts and Tribunals or equivalent/ Ministry of Law (Govt. of India) / Statutory Legal Institutions (Govt. of India) / National Law Universities / recognized Research Institutions / Public Sector Undertakings / Semi-Government / other

Government Bodies in the field of Law or related experience in the field of law.

Secretarial Functions

Educational Qualification:

Qualified Company Secretary (CS) from the Institute of Company Secretaries of India (ICSI)

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

As a Company Secretary or experience in Company Secretarial Compliances, Corporate Governance, conducting Board Meetings, and related works.

Corporate Social Responsibility

Educational Qualification:

Post-Graduate Degree / Diploma in Corporate Social Responsibility (CSR) / Master in Social Work or equivalent.

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Handling CSR-related activities.

Environment and Social Safeguard

Educational Qualification:

Post-Graduate Degree / Diploma in Engineering, Environmental Management, Environmental Sciences, M.Sc.

OR

Post-Graduation in Social Work / Sociology / Anthropology / Economics / Development Services.

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Working with environmental and social impact assessment, implementing environmental and social management plans, preparation of environmental and social safeguards documents, and related work.


Risk Management

Educational Qualification:

Post-Graduate Degree / Diploma in Management with Specialization in Finance / Banking & Finance.

OR

Chartered Accountant (CA)

Desirable: FRM or equivalent Risk Management Certification

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Risk management, ALM function, operational risk, credit risk, market risk, credit monitoring, or related work.

Procurement

Educational Qualification:

Postgraduate degree / diploma in any discipline.

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Administration/Procurement in any Central or State Govt / Govt Deptt. / PSUs / PSBs / any other Govt entity handling procurement and related activities, with first-hand experience of working on GeM portal and knowledge of General Financial Rules of GoI.

Human Resource

Educational Qualification:

Post-Graduation Degree / Diploma in Management with Specialization in Human Resources / Industrial Relations / Personnel Management.

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Handling core HR activities or functions such as recruitment, salary management, training and development, knowledge of reservation guidelines, rosters, etc.

Experience in Govt. Deptt / PSU / PSBs is desirable.

Research and Analysis

Educational Qualification:

Post-Graduation Degree / Diploma in Economics / Statistics

Minimum Experience:


At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Exposure in economic research, banking and financial sector, policy formulation, analysis of macro trends, or related research works.


Rajbhasha

Educational Qualification:

Post-Graduate Degree / Diploma in Hindi / Hindi Translation with English as a subject at the Bachelor’s degree level;

OR

Master’s Degree in English / Sanskrit / Economics / Commerce with Hindi as a subject at the Bachelor’s degree level along with Post-Graduation diploma in translation;

OR

Master’s Degree in both English and Hindi / Hindi Translation.

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:


Experience, preferably in Government Department/ Public Sector Undertakings/ Banks/ Academic Professional Institutions, in translation from English to Hindi and vice versa.

Knowledge of shorthand / typing in Hindi and knowledge of rules and procedures of Government regarding official language.

Compliance and Audit

Educational Qualification:

Postgraduate degree / diploma in any discipline.

Desirable: CISA (Certified Information Security Auditor) or CIA or Certified Accounting & Audit Professional from IIBF

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Compliance and audit-related matters in RBI regulated entities.

Or in internal audit, statutory audit, accounting, data analytics, forensic investigation, information technology, etc. or related fields.

Corporate Communications


Educational Qualification:

Post-Graduation Degree / Diploma in Corporate Communication / Mass Communication / Advertising / Journalism or related fields.

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Experience in a corporate house / media organization / advertising or public relations agency or related activities.

Or experience in creating content, planning & arranging media activities (social / broadcast) for a Government agency/department/entity, and management of Government communication.

General

Educational Qualification:

Postgraduate degree / diploma in any discipline / Bachelor’s Degree in Law (LLB) / BA+LLB (5 years) / Chartered Accountant (CA) / B Tech / B.E.

Minimum Experience:

At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Preference will be given to candidates with relevant work experience in the banking and finance industry.


IIFCL Assistant Manager Recruitment 2024 Selection Process

The selection process for the IIFCL Assistant Manager Recruitment 2024 consists of four stages:

Preliminary Screening: 

This step ensures that only eligible candidates are considered for the next stages of the recruitment process.

Written Examination: 

This is an objective-type test that evaluates candidates on subjects like Quantitative Aptitude, English, Reasoning, Current Affairs, and Domain Knowledge (including Project Finance, Corporate Banking, Risk Management, etc.).

Behavioral Examination:

Candidates who pass the written test move on to this stage, which assesses their personality traits and behavior related to the job role.

Personal Interview: 

The final stage involves an interview where candidates are evaluated on their experience, knowledge, and overall suitability for the position.

Each stage is designed to ensure that only the most qualified candidates are selected for the Assistant Manager role.






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