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IDBI Jobs 2021 - Deputy Chief Technology Officer Vacancy - Apply Now

Deputy Chief Technology Officer Jobs in Mumbai: On 16.01.2021, IDBI announced job notification for the post of Deputy Chief Technology Officer has been released officially. B.Tech/B.E, M.E/M.Tech, MCA pass Can apply for this job openings. Candidates who meet the eligibility criteria alone can apply on the official website idbibank.in. The application process ends on 01.02.2021.

Last updated: Jan 16, 2021 16:07 PM | Abisha

IDBI Jobs 2021 - Deputy Chief Technology Officer Vacancy - Apply Now
Company Name IDBI Recruitment 2021
Post Name Deputy Chief Technology Officer Jobs
No of Posts 2 Posts
Salary Rs. 4,000,000 - Rs. 4,500,000 /-Per Year
Job Location Mumbai Jobs
Last Date to Apply 01/02/2021
Similar Jobs Maharashtra Govt Jobs
Qualification Details:

Appointment of IT Experts on Contract FY 2020-21. IDBI Bank invites applications from eligible Indian citizens for the below mentioned posts (on contract basis). Details Of Posts / Vacancy/age/contract Period/selection Process/place Of Posting/annual CTC:-

1. Post Name: Deputy Chief Technology Officer (Channels)

2. Vacancy Number: 01

3. Contract Period: 3 years (extendable upto 5 years)

4. Likely Place of Posting: Mumbai

5. Annual CTC (approx.): Rs. 40.00 lac to 45.00 lac

6. Selection Process: Personal Interview

7. Educational Qualification: Full-time Master or Bachelor degree in any engineering discipline or graduate in science along with MCA from a University/ Institute recognized by the Govt. of India or its Regulatory Bodies.

8. Specific Skill Required:

i. Experience in digital banking and/or consumer -facing mobile products in Banks or Financial institutions.
ii. Exposure to digital business models like e-Commerce/ B2B/ B2C marketplaces desirable.
iii. Experience of managing and monitoring IT systems of the banking channels of one or more areas such as Internet Banking/ Mobile Banking/ ATM/ Cards/ Payment Systems/ UPI/ IMPS/ Wallets/ POS.
iv. Techno -functional understanding of one or more banking channels such as Internet Banking/ Mobile Banking/ ATM/ Payment systems/ Cards/UPI/ IMPS/ Wallets/ POS/ Core Banking/ Payments Systems.
v. Knowledge of the latest trends and best practices in technology, digital banking and customer experience.
vi. Understanding of banking processes and interlinked systems such as Core banking/ CRM/ LMS/ Card Host/ Switch.
vii. Exposure to android / iOS platforms/ payment solution architecture/ QA testing/ SLDC is desirable.
viii. Ability to implement strategies by thinking through steps of implementation, taking operational decisions and putting personal effort as needed.
ix. Ability to dissect a problem into parts, prioritize issues, find data necessary to  support analysis and come out with creative and practical solutions for implementation.
x. Excellent analytical, planning, forecasting, budgeting, prioritization skills

9. Post Qualification Work Experience (as on 01.01.2021): Overall IT experience of 18 to 20 years, preferably in Banks, out of which 8 to 10 years working in IT Projects related to Digital Technologies such as Cloud/ APIs/ DevOps/ Innovation (AI/ ML/ Blockchain/ RPA/ Bots etc.)/web applications using latest technologies

10. Job Profile:

i. Manage IT systems related of the banking channels of one or more areas such as Internet Banking, Mobile Banking, ATM, Cards, Payment Systems, UPI, IMPS, Wallets, POS.
ii. Manage Card related IT systems in close coordination with networks (Rupay, MasterCard & Visa).
iii. Lead the team working on mobile technology, prepaid & debit cards and payment platforms such as NEFT, RTGS, IMPS, UPI, AePS, QR code, ATMs, Micro ATMs etc.
iv. Lead technical interactions with Regulator (RBI, UIDAI), Networks (Visa, MasterCard and NPCI), Technology partners, Peer Banks and Fin -Tech to achieve strategic business objectives and ensuring efficient and profitable business.
v. Work with Payment aggregators for technology related matters of Internet Banking PG, BBPS services.
vi. Work with key internal support and control stakeholders (Liability & Asset Product, IT, Ops, Compliance, BI and Law) to ideate, build and manage.


1. Post Name: Deputy Chief Technology Officer (Digital)

2. Vacancy Number: 01

3. Contract Period: 3 years (extendable upto 5 years)

4. Likely Place of Posting: Mumbai

5. Annual CTC (approx.): Rs. 40.00 lac to 45.00 lac

6. Selection Process: Personal Interview

7. Educational Qualification: Full-time Master or Bachelor degree in any engineering discipline or graduate in science along with MCA from a University/ Institute recognized by the Govt. of India or its Regulatory Bodies.

8. Specific Skill Required:

i. Experience in implementing Digital technologies such as Cloud Computing/ API/ DevOps/ Mobile Development/Web applications etc.
ii. A good techno -functional understanding on AI/ ML/ Blockchain/ RPA/Bots/ other emerging technologies.
iii. Knowledge of Agile development methodologies, technologies such as Java/ DotNet/ Angular/ Node JS/ other web/ mobile technologies.
iv. Ability to manage decisions at different levels working along with product managers, business stake holders, infrastructure, security managers and rest of technical team.
v. Experience in managing complex technical decisions for enterprise products. 
vi. Ability to take architecture decisions at team and product level spanning across front end/ middle layer/ backend/ services/ infrastructure automation.
vii. Strong communication skills and active coach/ mentor to maximize team’s potential. 
viii. Experience in managing products in digital platform/ API/ Integration/ Monitoring/ DevOps over the entire life cycle in a multi team environment and multi -channel context.
ix. Knowledge of service orchestration/ messaging technologies/ high -availability environments/ API gateways/ portals/ other middleware.
x. Exposure to Technological/ Fintech Companies with Banking Domain Knowledge related to Digital Channels is preferred

9. Post Qualification Work Experience (as on 01.01.2021): Overall IT experience of 18 to 20 years, preferably in Banks, out of which 8 to 10 years working in IT projects related to banking channels such as Internet Banking/ Mobile Banking/ ATM/ Payment systems/ Cards/ UPI/ IMPS/ Wallets/ POS.

10. Job Profile:

i. Develop and implement comprehensive digital banking products as per business needs.
ii. Deal with techno -functional aspects of various Digital Banking Products.
iii. Manage emerging areas of Digital Banking such as UPI Based Solutions, Robotics, Block Chain Applications, Artificial Intelligence, Chat / Voice Bots, online Lending, API Platforms, OMNI Channels Data analysis for new product features etc.
iv. Co -ordinate with all support functions (Technology, Operations, Marketing, Finance, Compliance & Risk, Complaint Management) to implement the Digital/ IT Strategy.
v. Responsible for availability, continuity, QoS and performance of the digital banking products. 
vi. Maintain and track usage, uptimes, faults etc. to ensure the un -interrupted availability of the digital banking products. 
vii. Guide the technical team to create a modular and scalable solution that addresses future architectural changes and designs. 

11. Terms of Appointment & Posting : Appointment for all posts will be contractual in nature. Candidate will be posted at the Bank's discretion, to any offices of the Bank or the departments/ offices/ business units/ the Bank's associate institutions. The candidate will also be liable to be transferred to any place in/ outside India, as the Bank may decide from time to time in terms of the Bank's prevailing rules.

12. Advertisement No.2/ 2020-21

Max. Age (as on 01.01.2021): 45 years

List of Documents to be produced at the time of PI (as applicable):

The following documents in original together with a self-attested photocopy in support of the candidate’s eligibility and identity are to be invariably submitted at the time of interview failing which the candidate may not be permitted to appear for the interview. Non submission of requisite documents by the candidate at the time of interview will debar his/her candidature from further participation in the recruitment process.

i) Print out of the original and valid Interview Call Letter. 

ii) Photo Identify Proof as indicated

iii) Mark sheets & provisional / degree certificates for educational qualifications. 

iv) Work Experience: For the Past employer: Relieving Letters and Experience Certificate from the past employer and for the present employer: 

a. Experience certificate, Offer Letters, Pay or Salary Slips clearly indicating the date of joining and date of relieving for each of the past or previous employer(s) mentioning the functional area of experience. The experience certificate or testimonials produced by the candidates should indicate the date of joining and relieving, designation at the time of joining, date of promotion with designation, if any.

b. In case the same is not mentioned in either the experience certificate or Relieving letter, a bonafide experience certificate is required mentioning the experience of the candidate in desired functional area along with the duration.

c. Any adverse remark from the previous employer(s) or any act of misconduct/ wrong committed by the candidate would be a disqualification to apply and render the candidature for cancellation

v) Candidates serving in Government/ Quasi Govt. Offices/ Public Sector Undertakings (including Nationalized Banks and Financial Institutions) are required to produce a “No Objection Certificate” from their employer at the time of interview, in the absence of which their candidature will not be considered

vi) Candidates will not be allowed to appear for the interview if he/ she fail to produce the relevant eligibility documents as mentioned above.

d. Note: Inability to produce any of the above mentioned documents (both original and attested copy) at the time of interview will render the candidates ineligible for the selection. No documents shall be directly sent to the Bank by candidates before or after the interview.

General Instructions:

(i) Cut-off date: January 01, 2021.

(ii) Before submitting the application form, the candidates must ensure that they fulfill all the eligibility criteria with respect to age, educational qualifications, experience, etc. as stated in this advertisement. If the candidates are not eligible, their candidature will be cancelled at any stage of the recruitment. If the candidate qualifies in the selection process and subsequently it is found that he or she does not fulfill the eligibility criteria, his or her candidature will be cancelled and if appointed, services would be terminated without any notice or compensation.

(iii)Candidates are required to send their application to “recruitment@idbi.co.in” mentioning the Name of the Post in the subject line.

(iv) Not more than one application should be submitted by any candidate. In case of multiple applications only the latest valid (complete) application will be retained. Multiple attendance/ appearances at the time of PI will be summarily rejected/ candidature cancelled. 

(v) IDBI Bank reserves the right to modify or amend or reverse or cancel any or all of the provisions of the recruitment process including eligibility criteria. 

(vi) IDBI Bank may at its sole discretion, re-hold PI or additional PI, wherever necessary in respect of a center or venue or specific candidates(s) and/or all centers or all candidates. 

(vii) Any resultant dispute arising out of this advertisement and the selection process shall be subject to the sole jurisdiction of the Courts situated in Mumbai only.

Selection Procedure :

1. The selection process will comprise of preliminary screening based on the eligibility criteria, candidate's qualifications, suitability/ experience, etc. submitted with the application. Only such candidates will be called for Personnel Interview (PI).

2. Merely satisfying the eligibility norm does not entitle a candidate to be called for interview. Bank reserves the right to pre-screen and shortlist requisite number of prima-facie eligible candidates. The candidature, after preliminary screening and without verification of documents, will be provisional for all grades and will be subject to verification of all details/ documents with the originals when a candidate reports for PI (if called).

3. Preliminary screening and shortlisting will be based on the candidate’s application of his/her academic track record, experience and the suitability of the candidate as decided by the Bank. Only such shortlisted candidates will be called for PI. Subject to the vacancies available under the respective post, only those candidates who pass PI and are sufficiently high in the merit list will be shortlisted for further selection.

4. The center & address of the venue, time and date of interview will be informed to the shortlisted candidates through call letter and candidates have to attend the same at their own cost. Request for change of center will not be entertained. However, the Bank reserves its right to change/ add/ cancel the date, time, center, venue for the PI or hold supplementary selection process on particular date/ session/ venue/ center for set of candidates at its discretion, under unforeseen circumstances, if any. The changes, if any, shall be intimated to the candidates through Bank's website and/or candidate’s registered e­mail in advance.

5. Selection will be on the basis of marks secured by the candidate in PI. Bank may change the mode of selection depending upon the number of suitable candidates. The final score should be sufficiently high in the merit list for the candidate to be shortlisted for subsequent process.

6. The final selection of candidate is subject to qualification in PI, being sufficiently high in the merit list, being declared medically fit as per the Bank’s standards of fitness and fulfilling the stipulated eligibility criteria as on the cut-off date.

7. In case, more than one candidate scores the cut off marks (common mark at cut off point); such candidates will be ranked according to their age in descending order.

8. Mere eligibility, admission/qualification in PI does not imply that the Bank is satisfied beyond doubt about the candidate's eligibility and it shall not vest any right in a candidate for selection. The Bank would be free to reject the candidature of any candidate at any stage of recruitment process, if he/she is found to be ineligible and/or furnished incorrect or false information/ certificates/ documents or has suppressed any material facts. If appointed, such a candidate may be summarily removed from the services of the Bank.

How to Apply :

1. Candidates fulfilling required eligibility criteria may send their application to recruitment@idbi.co.in on or before February 01, 2021.

2. Start Date of receiving of Application: 18/01/2021

3. Last Date of receiving of Application: 01/02/2021

a. Candidates are required to send their application to “recruitment@idbi.co.in” mentioning the Name of the Post in the subject line.

b. Intimation will be sent to the candidate’s email ID/ Mobile Number specified in the application form. If candidates do not receive the email / SMS intimations at the email ID/ Mobile number specified by them, they may consider that their application has not been successfully registered.

c. An application which is incomplete in any respect such as without photograph and signature uploaded in the application form will not be considered as valid. 

d. Any information submitted by a candidate in his/ her application shall be binding on the candidate personally and he/ she shall be liable for prosecution/ civil consequences in case the information/ details furnished by him/ her are found to be false at a later stage.

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