Department of Financial Services Jobs 2019: 01 Deputy Managing Director Vacancy for M.A, M.Com, MBA/PGDM, CA published on 9th May 2019

On 03/05/2019, Department of Financial Services announced Job notification to hire candidates who completed M.A, M.Com, MBA/PGDM, CA for the position of Deputy Managing Director.
Vacancy 1 Deputy Managing Director
Qualification M.A, M.Com, MBA/PGDM, CA
Vacancies 01 Post
Salary Rs. 1,76,800 - Rs. 2,24,000/- Per Month
Experience 18 - 25 years
Job Location New Delhi
Last Date to Apply 27/05/2019
Other Qualification Details:
1. Education Qualifications : Candidate should have a Post Graduate degree preferably in Economics/Commerce/Business  Administration/Finance or a Graduate degree with professional qualification of Chartered Accountancy, Cost Accountancy, Chartered Financial Analyst or equivalent. Any additional qualification with specialization in the field of infrastructure development/project finance will be considered desirable. 

2. Experience Open Advertisement : Minimum 18 years of experience as on the date of vacancy (12.12.2016) in different verticals/domains in Scheduled Commercial Banks (SCBs)/ Financial Institutions (Fls)/ Public Sector Organisations in the financial sector including 2 years of operational experience preferably in Project Finance/Credit Appraisal/Large Corporate Credit. Of these 18 years, at least 2 years of experience should be at the highest level below the Board level. (The position as specified above should have been held on substantive basis) 

3. Other Requirements :  The candidate should have:- 
a) Proven track record at leadership, management and building high achieving teams. 
b) Experience of institutional development in the financial, banking and services sector. 
c) Adequate knowledge and experience in Re-finance, Corporate Finance, Treasury 
d) Operations, Resource Mobilization, Risk Management, Information Technology etc. 

4. Duration of Assignment : The assignment shall be for a period of 3 years and may be extended by upto 2 years based on performance provided that no person shall hold office Of DMD. IFCI Ltd. after attaining the age Of 60 years. For All India Service officers/ Central Services Group A' officers and officers from PSBs, extant guidelines on deputation tenure shall apply. 

5. Salary & Allowance : The post carries pay-scale of Rs. (Level 14A) plus all usual allowances and perquisites as allowed to ED/DMDs of PSBs and Fis (SIDBI, NABARD and EXIM Bank). 
Age: The maximum age of entry for both intemal as well as other candidates shall be 55 years as on the date of vacancy (12.12.2016).

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Ministry of Finance,  Department of Financial Services, Ministry of Finance, 3 Floor, Jeevan Deep Building, Parliament Street, New Delhi - 110001


1. Application in the prescribed proforma. (Annexure). 
2. Certified copies of up-to date and complete Annual Confidential Reports (APAR/CR Dossier) of last five years. 
3. Integrity Certificate. 
4. Vigilance clearance including certification that no disciplinary proceedings/criminal proceedings are either pending or contemplated against the applicant. 
5. List of minor/major penalty, if any. imposed on the applicant dunng the last 10 years. 
6. A brief write up on the Significant contributions made by the applicant during his/her present/past assignments and his/her suitability for the post. 

Selection Procedure

Selection Will be Based on Deputation Basis.

How to Apply

Applications along with the above documents should be forwarded through proper channel to Shri Soumyajit Ghosh, Under Secretary (IF-I), Department of Financial Services, Ministry of Finance, 3 Floor, Jeevan Deep Building, Parliament Street, New Delhi - 110001(email : in) latest by 27th May, 2019'. The post applied for may be clearly mentioned on the top of the envelope and in the subject of email, Applicants may send an advance copy to the above address. Note: Ministry of Finance, Department of Financial services will, in no case, be responsible for non-receipt of applications or any delay in receipt thereof. Applications received after the prescribed date will not be entertained under any circumstances and will be summarily rejected. 
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