Central Govt Jobs

IOB Recruitment 2023 66 SO Posts

IOB Recruitment 2023 66 SO Posts

IOB Recruitment 2023 66 SO Posts : Indian Overseas Bank, a prominent Public Sector Bank headquartered in Chennai with a widespread geographical presence in India and abroad, has announced a recruitment drive for Specialist Officers (SO) in 2023. This recruitment aims to fill 66 vacancies for various posts in Middle Management Grade (MMG) Scale II, III, and Senior Management Grade (SMG) Scale IV. IOB invites applications from qualified and experienced professionals to join their team. This article provides detailed information about the eligibility criteria, salary, selection process, application procedure, and essential dates and links for this recruitment.

Organization Name: Indian Overseas Bank

Notification No: HRDD/RECT/04/2023-24 Dated: 06.11.2023

Job Category: Central Government Jobs

Employment Type: Regular Basis

Total No of Vacancies: 66 Specialist Officers (SO) Posts

Place of Posting: Chennai

Vacancy Details: Indian Overseas Bank is looking to hire Specialist Officers for various posts. The total number of vacancies available is 66. These posts are distributed among different scales, including MMG Scale II, MMG Scale III, and SMG Scale IV. The specific posts and their corresponding scales are as follows:

SI No Name of Posts No. of Posts
1. Manager (Law) (MMGS II) 08
2. Senior Manager (Law) (MMGS III) 02
3. Manager (IS Audit) (MMGS II) 03
4. Senior Manager (IS Audit) (MMGS III) 02
5. Manager (Security) (MMGS II) 03
6. Chief Manager (Risk) (SMGS IV) 02
7. Manager (Civil) (MMGS II) 02
8. Manager (Architect) (MMGS II) 02
9. Manager (Electrical) (MMGS II) 02
10. Manager (Treasury) (MMGS II) 02
11. Manager (Credit) (MMGS II) 20
12. Manager (Marketing) (MMGS II) 05
13. Manager (Human Resources) (MMGS II) 02
14. Senior Manager (Human Resources) (MMGS III) 01
15. Manager (Full Stack Developer) (MMGS II) 02
16. Manager (Finacle Customization) (MMGS II) 01
17. Manager (DB Admin/ OS Admin) (MMGS II) 02
18. Manager (Data Center Administrator) (MMGS II) 01
19. Manager (Testing and Digital Certificate) (MMGS II) 01
20. Manager – Digital Banking (IB, MB, UPI & IOBPAY) (MMGS II) 01
21. Manager – Digital Banking (RTGS & NEFT) (MMGS II) 01
22. Manager – Digital Banking (Debit Card, Switch & DCMS) (MMGS II) 01
Total 66

Eligibility Criteria: To be eligible for the IOB Recruitment 2023, candidates must meet the following criteria:

Educational Qualification (As on 01.11.2023) :

Manager (Law) – Full Time Degree in Law
Post Qualification Work Experience (Minimum) : Enrolled as Advocate with Bar Council and 2 years of experience as practicing Advocate plus 3 years of work experience as Law officer in the legal department of a Schedule Commercial Bank/ Private Sector Bank/ NBFCs (or) 5 years of work experience as Law Officer in the legal department of a Schedule Commercial/ Private Sector Bank/ NBFCs
Senior Manager (Law) – Full Time Degree in Law
Post Qualification Work Experience (Minimum) : Enrolled as Advocate with Bar Council and 2 years of experience as practicing Advocate plus 5 years of work experience as Law officer in the legal department of a Schedule Commercial Bank/ Private Sector Bank/ NBFCs (or) 7 years of work experience as law Officer in the Legal department of Schedule Commercial Bank/ Private Sector Bank/ NBFCs
Manager (IS Audit) –Full Time B.E. / B. Tech Degree or Post Graduate Degree in Computer Science/ Computer Technology/ Computer Science & Engineering/ Computer Engineering /Information Technology/ Electronics & Communication/ Information Security/ Cyber Security. Preference will be given to candidates who possess CISA/ DISA Certification.
Post Qualification Work Experience (Minimum) : Candidate with work experience in BFSI Sector in handling various IS Audit. 02 years of experience in IS Audit domain. Experience in Cyber Security, Ethical Hacking, Audit/ Security tools are Preferred
Senior Manager (IS Audit) – Full Time B.E. / B. Tech Degree or Post Graduate Degree in Computer Science/ Computer Technology/ Computer Science & Engineering/ Computer Engineering / Information Technology/ Electronics & Communication/ Information Security/ Cyber Security. Preference will be given to candidates who possess CISA/ DISA Certification.
Post Qualification Work Experience (Minimum) : Candidate with work experience in BFSI Sector in handling various IS Audit. 04 years of experience in IS audit domain. Experience in Cyber Security, Ethical Hacking, Audit/ Security tools are Preferred.
Manager (Security) – Full Time graduation in any discipline
Post Qualification Work Experience (Minimum) : An officer not below the rank of Captain of Indian Army or equivalent rank in Indian Navy/ Air Force, with a minimum of 5 years of commissioned service. (or) An officer not below the rank of Asst. Superintendent/ Deputy Superintendent/ Asst. Commandant/ Deputy Commandant of Indian Police/ Para Military Forces with a minimum of 5 years’ service post training, as an Officer in such Force.
Chief Manager (Risk) –Full Time Graduate in any discipline and Full Time Postgraduate (desirable) in Mathematics / Statistics/ Economics/ Commerce (or) Full Time MBA in Finance (or) Full Time MCA (or) CA/ ICWA CAIIB and Certificate Course in Risk Management from IIBF/ NIBM – Mandatory Financial Risk Management (FRM)/ Professional Risk Manager (PRM), Chartered Financial Analyst (CFA), Advance Excel Management, R and Python (hands on experience) – Desirable
Post Qualification Work Experience (Minimum) : 8 years of experience in Bank in Officer’s Cadre out of which 3 years of experience in Risk Management Department.
Manager (Civil) – Full Time B.E./ B. Tech Degree in Civil Engineering.
Post Qualification Work Experience (Minimum) : 5 years of experience in construction/ maintenance of multistoried Commercial/ Residential Building involving RCC framed/ pile foundation construction, project planning and control involving experiences in design and preparation of cost estimate for construction work, checking of contractor’s bills and experience in other infrastructure facilities like plumbing, drainage works, etc. in Govt./ Semi. Govt. Dept. or institutions/ Public Sector Undertakings/ Listed corporate or its group companies.
Manager (Architect) –Full Time Bachelor’s Degree in architecture To have a valid registration of Council of Architect (CoA) To have knowledge of Auto CAD and should be conversant with Govt. guidelines pertaining to procurement of works, goods and services.
Post Qualification Work Experience (Minimum) : 5 years of experience in Planning, Designing, Supervision and execution of Multistoried Commercial/ Institutional/ Residential project along with interiors works and involving experiences in preparation of cost estimate for construction work in Govt./ Semi. Govt. Dept or institutions/ Public Sector Undertaking/ Listed corporate or its group companies.
Manager (Electrical) – Full Time B.E./ B. Tech Degree in Electrical Engineering.
Post Qualification Work Experience (Minimum) : 5 years of experience in maintenance of Electrical Substation of 2000 KVA Transformer capacity and above, Electrical Distribution System in Multistory Building, Projects and Maintenance of HVAC System, DG Sets, energy saving devices, starters, control panel, HT-LT switch gears, cabling lifts, etc. and also in preparation of tender specifications, evaluation and checking of contractor bills. Possessing valid Electrical Supervisors Certificate of Competency issued by Electrical Licensing Board.
Manager (Treasury) – Full Time Degree in any discipline. Preference will be given to applicants with post – graduation in Business/ Management/ Finance/ Banking
Post Qualification Work Experience (Minimum) : 2 years of work experience in Treasury Operation of Bank/ NBFC/ FI
Manager (Credit) – Full Time Bachelor’s degree, with a background in finance, accounting or other related fields. Additional qualifications such as MBA (Finance) or CFA/CMA/CA and practical designations such as the Commercial Banking and Credit Analyst (CBCA) program will be given high preference
Post Qualification Work Experience (Minimum) : 3 years of experience in a Bank/ Financial Institution in underwriting MSME, Mid Corporate and Large Corporate Credit proposals
Manager (Marketing) – Full Time MBA – Marketing (or) PGDBM – Marketing (equivalent to MBA)
Post Qualification Work Experience (Minimum) : 3 years of experience in BFSI/ NBFC in the field of Marketing
Manager (Human Resources) – Full Time Graduate in any discipline and Full Time Post Graduate degree in Personnel Management / HR / HRD (or) Two Years Full Time Post Graduate Diploma in Personnel Management / HR / HRD
Post Qualification Work Experience (Minimum) : 4 years of experience in SCBs/ PSUs/ PSEs handling various areas of Human Resource Management/ Development
Senior Manager (Human Resources) – Full Time Graduate in any discipline and Full Time Post Graduate degree in Personnel Management / HR / HRD (or) Two Years Full Time Post Graduate Diploma in Personnel Management / HR / HRD
Post Qualification Work Experience (Minimum) : 7 years of experience in SCBs/ PSUs/ PSEs handling various aspects of Human Resource Management/ Development
Manager (Full Stack Developer) –Full Time B.E/ B. Tech/ M. Tech (in Computer Science & Engineering/ Information Technology/ Electronics & Communications/ Electrical & Electronic Engineering) (or) MCA/ MSc (Computer Science)/ MSc (IT).
Post Qualification Work Experience (Minimum) : 3 years of hands-on experience in development work in multiple platforms Skills Required:
1.Development, Testing, Implementation & Maintenance of Projects across all programming languages.
2. Strong knowledge in Oracle Database & RDBMS Concepts
3. Basic knowledge in Operating Systems, Windows Family & UNIX, RedHat
4.Preferable having knowledge in Cloud Technologies.
Manager (Finacle Customization) – Full Time B.E/ B. Tech/ M. Tech (in Computer Science & Engineering/ Information Technology/ Electronics & Communications/ Electrical & Electronic Engineering) (or) MCA/ MSc (Computer Science)/ MSc (IT)
Post Qualification Work Experience (Minimum) : 3 years of experience in Finacle customization in version 10.2.17 and above Skills Required:
1. Python Development
2. PL SQL Programming
3. Other Scripting Languages – Ruby, Golang, Per
4. Operation System – Linux, Windows
5. Programming – .NET & JAVA
Manager (DB Admin/ OS Admin) – Full Time B.E/ B. Tech/ M. Tech (in Computer Science & Engineering/ Information Technology/ Electronics & Communications/ Electrical & Electronic Engineering) (or) MCA/ MSc (Computer Science)/ MSc (IT)
Post Qualification Work Experience (Minimum): 3 years of hands-on experience in OS administration Skills Required:
1. In-depth Knowledge of operating systems
2. Familiarity with Hardware
3. Knowledge of Coding and Networking
4. Communication and Interpersonal Skills
5. Gain Practical Experience
6. Problem-Solving and Administration
7. Networking
8. Cloud Computing
Manager (Data Center Administrator) – Full Time B.E/ B. Tech/ M. Tech (in Computer Science & Engineering/ Information Technology/ Electronics & Communications/ Electrical & Electronic Engineering) (or) MCA/ MSc (Computer Science)/ MSc (IT)
Post Qualification Work Experience (Minimum) : 3 years of hands of experience in data center administration Skills Required:
1. Specialist in Data Centre Virtualization technologies like Vmware, Redhat openshift, Kubernetes, etc.
2. Skills and abilities in installing, configuring and managing various private/ Public cloud technologies
3. Networking
4. Virtualization
5. Project Management
6. Cloud Management
7.Customer Relationship Management
8. Storage
9. Saas
Manager (Testing and Digital Certificate) –Full Time B.E/ B. Tech/ M. Tech (in Computer Science & Engineering/ Information Technology/ Electronics & Communications/ Electrical & Electronic Engineering) (or) MCA/ MSc (Computer Science)/ MSc (IT)
Post Qualification Work Experience (Minimum) : 3 years of hands of experience in testing Skills Required:
1. Knowledge and hands on experience in Test Automation Tools like UFT/ QTP, Selenium/ Burp suit, etc. Familiar with Programming Fundamentals (Structured Programming and Object-Oriented Programming) and SQL to conduct Database Testing.
2. Experience in TEST Scripts/ Test data/ Bug Reporting, Knowledge on different Levels of testing, completed ISTQB or any testing course (Integration testing, System Testing and Acceptance Testing)
Manager – Digital Banking (IB, MB, UPI & IOBPAY) – Full Time B.E/ B. Tech/ M. Tech (in Computer Science & Engineering/ Information Technology/ Electronics & Communications/ Electrical & Electronic Engineering) (or) MCA/ MSc (Computer Science)/ MSc (IT)
Post Qualification Work Experience (Minimum) : 3 years of experience in BFSI/ NBFC/ FinTech/ MNCs in Digital Payments Skills Required:
1.Human Resource Management & Vendor Management/ Negotiation Skills
2. Excellent Verbal & Written Communication Skills & ability to coherently present ideas.
3. Holistic skills to succeed as in IT professional from Digital Banking perspective
4. Experience in operations of digital payments and its related activities.
Manager – Digital Banking (RTGS & NEFT) – Full Time B.E/ B. Tech/ M. Tech (in Computer Science & Engineering/ Information Technology/ Electronics & Communications/ Electrical & Electronic Engineering) (or) MCA/ MSc (Computer Science)/ MSc (IT)
Post Qualification Work Experience (Minimum) : 3 years of experience in BFSI/ NBFC/ FinTech/ MNCs:
• Extensive troubleshooting knowledge on WebSphere Application Server, JBoss, IBM MQ
• Installation and configuration of Middleware Products (WebSphere Application Server, Web-logic, Microsoft IIS, JBoss EAP, JBoss EWS, IBMHTTP Server, Apache Web Server)
• Hands-on experience in Unix Platforms (AIX, Solaris OS, Linux) and Windows Platform Skills required:
1. Human Resource Management & Vendor Management/ Negotiation Skills
2. Excellent Verbal & Written Communication Skills & ability to coherently present ideas
3. Holistic skills to succeed as in IT professional from Digital Banking perspective
4. Oracle Database Administration 2019 Certified Professional
5. Oracle Database Administrator 2019 Certified Master,
6. Oracle Database Administrator 2019 – Professional (OCP)
7. Extensive technical knowledge on Middleware Server, WebLogic, Microsoft IIS, JBoss EAP, JBoss EWS Redhat Open Runtime, Tomcat)
8.Experience in operations of digital payments and its related activities
Manager – Digital Banking (Debit Card, Switch & DCMS) – Full Time B.E/ B. Tech/ M. Tech (in Computer Science & Engineering/ Information Technology/ Electronics & Communications/ Electrical & Electronic Engineering) (or) MCA/ MSc (Computer Science)/ MSc (IT)
Post Qualification Work Experience (Minimum) : 3 years of experience in BFSI/ NBFC/ FinTech/ MNCs will be preferred. Skills Preferred:
1. Human Resource Management & Vendor Management/ Negotiation Skills
2. Excellent Verbal & Written Communication Skills & ability to coherently present ideas
3. Holistic skills to succeed as in IT professional from Digital Banking perspective
4. Experience in operations of digital payments and its related activities.

Age Limit (As on 01.11.2023): Minimum – 25 Years, Maximum – 40 Years. The age limit varies for different posts and scales. Candidates should refer to the official notification for detailed age requirements. The Upper age limit is relaxed by 5 years for SC/ST; 3 years for OBC, 10 Years for Persons with Disabilities (15 years for SC/ST PWD’s & 13 years for OBC PWD’s) and for Ex-S as per Govt. of India rules. Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules.

Salary: The salary for Specialist Officers at Indian Overseas Bank is as per the industry standards and scales set by the bank. Specific salary details, allowances, and benefits will be provided to the selected candidates as per the bank’s rules and regulations.

MMGS II – Rs.48,170 – 1,740 / 1 – 49,910 – 1,990 / 10 – 69,810/-
MMGS III – Rs.63,840 – 1,990 / 5 – 73,790 – 2,220 / 2 – 78,230/-
SMGS IV – Rs.76,010 – 2,220 / 4 – 84,890 – 2,500 / 2 – 89,890/-

Selection Process: The selection process for the Specialist Officer posts in IOB Recruitment 2023 involves multiple stages, including:

Online Test: Candidates will be required to appear for an online test, which will assess their knowledge, skills, and aptitude related to the specific post they are applying for.

Interview: Shortlisted candidates from the online test will be called for an interview. The interview panel will evaluate the candidate’s suitability for the role.

Document Verification: After successfully clearing the interview, candidates will need to provide the necessary documents for verification.

Selection will be made based on an Online Examination followed by Interview. Candidates qualifying in the Online Examination would be called for personal Interview. Merely satisfying the eligibility norms do not entitle a candidate to be called for Online

How to Apply: Interested and eligible candidates should follow these steps to apply for the IOB Recruitment 2023:

  1. Visit the official website of Indian Overseas Bank: www.iob.in.
  2. Navigate to the “Careers” or “Recruitment” section.
  3. Find the detailed notification for the Specialist Officer recruitment and read it thoroughly.
  4. Click on the “Apply Online” link to start the application process.
  5. Fill in all the required information and upload the necessary documents.
  6. Pay the application fee as per your category and submit the application.

Application Fee: Candidates need to pay an application fee as follows:

SC/ST/PWD (Only Intimation charges) – Rs. 175/- (Rupees One Hundred Seventy Five Only) inclusive of GST
For all others (Including OBC & EWS) – INR 850.00 (Rupees Eight Hundred and Fifty Only) inclusive of GST
Applicants shall pay the Application Fee through Online Payment Mode Only.

Important Dates and Links:

Candidates are advised to regularly check the official website for updates and notifications related to the IOB Recruitment 2023. This is a golden opportunity for qualified and experienced professionals to join the esteemed Indian Overseas Bank and contribute to the banking sector’s growth and development. Don’t miss the application window, and ensure you meet the eligibility criteria before applying. Good luck with your application and the recruitment process!

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