India Post Payments Bank recruitment 2022 (IPPB) - Hello friends, IPPB issued a notification for the recruitment of vacancies including a backlog in scales II, III, IV, V, VI, and VII on a regular basis and contract basis. 

We already know that India Post Payments Bank Limited (IPPB) has been set up under the Department of Post, Ministry of Communications with 100% equity owned by the Government of India having about 650 branches all over India which aims to utilize all of India's 1,55,015 post offices as access points and 3~Lakh Postmen and Gramin Dak Sewaks (GDS) to provide doorstep banking services. 

IPPB is leading the next revolution of banking and financial literacy and this new model will pave the way for India's largest banking network to reach each and every corner of the nation.

In order to support our future growth and transformation challenges, IPPB bank invite applications from qualified, energetic, and dynamic candidates who will be appointed in Scale II, III, IV, V, VI & VII on a Regular/Contract basis through online application mode in different disciplines as per details given below. Interested candidates who fulfill the eligibility criteria may apply online from 26.03.2022 to 09.04.2022 by visiting the website www.ippbonline.com. No other mode of application will be accepted.

IPPB Bank Recruitment 2022

IPPB Bank Recruitment 2022 list of vacancies in detail

  • Chief Technology Officer- 01 post
  • AGM (Enterprise/Integration Architect)- 01 post
  • Chief Manager (Digital Technology)- 01 post
  • Senior Manager (System/Database Administration)- 01 post
  • Senior Manager (Security Administration/Architect)- 01 post
  • Manager (Security Administration)- 01 post
  • AGM - BSG (Business Solutions Group)- 01 post
  • Chief Manager (Retail Products)- 01 post
  • Chief Manager (Retail Payments)- 01 post
  • GM (Operations)- 01 post
  • Chief Compliance Officer- 01 post
  • Chief Manager(Finance)- 01 post

Note: The number of vacancies is tentative and may increase or decrease as per the requirement of the Bank.

India Post Payments Bank Recruitment 2022 Important Dates

IPPB Recruitment 2022

Opening date for online registration of application- 

26.03.2022 10.00 AM

Last date for online submission of applications with a fee

09.04.2022 11.59 PM

Official Website

www.ippbonline.com

Home Page

Click here

Download Notification

Click here



Application Fee / Intimation Charges (Non-Refundable)

  • SC/ST/PWD (Only Intimation charges) - INR 150.00 (Rupees One Hundred and Fifty Only)
  • For all others-  INR 750.00 (Rupees Seven Hundred fifty Only)

Candidates should ensure their eligibility before paying the fees/or applying online.
Application once made will not be allowed to be withdrawn and fee once paid will NOT be refunded under any circumstances nor can it be held in reserve for any other future selection process.

IPPB Bank Recruitment 2022

IPPB recruitment 2022 eligibility Criteria for all posts

The Age and Post Qualification Experience as of 01.03.2022 for the posts specified mentioned below. These are as under:

Name of the post- Manager MMGS-II scale
Age as on 01.03.2022- 23 to 35 years
Post Qualification Work Experience in Officer Cadre- 3 Years

Name of the post- Senior Manager MMGS-III scale
Age as on 01.03.2022- 26 to 35 years
Post Qualification Work Experience in Officer Cadre- 6 Years

Name of the post- Chief Manager SMGS-IV scale
Age as on 01.03.2022- 29 to 45 years
Post Qualification Work Experience in Officer Cadre- 9 Years

Name of the post- Assistant General Manager SMGS-V scale
Age as on 01.03.2022- 32 to 45 years
Post Qualification Work Experience in Officer Cadre- 12 Years

Name of the post- Deputy General Manager TEGS-VI scale
Age as on 01.03.2022- 35 to 55 years
Post Qualification Work Experience in Officer Cadre- 15 Years

Name of the post- General Manager TEGS-VII scale
Age as on 01.03.2022- 38 to 55 years
Post Qualification Work Experience in Officer Cadre- 18 Years

India Post Payments Bank Recruitment 2022

Job description and Minimum Eligibility Criteria

Chief Technology Officer- 
Minimum Educational Qualification:- Any Engineering Graduate/MCA or equivalent qualification.

Post Qualification work experience:- The Candidate must have an overall experience of at least 15 years in Banking/Financial Services/Insurance in IT-related areas/projects involving Payment Technologies, Internet Banking/ Mobile Commerce space predominantly 
(of which)
5 years preferably should be at senior management level/managing or implementing large IT projects in Banking/Financial Services/Insurance /Fintech.

AGM (Enterprise/Integration Architect)
Minimum Educational Qualification: Bachelor of Engineering/ Bachelor of Technology in Information Technology or Computer Science/MCA.
Candidates with MBA/ Post Graduate Degree in Information Technology or Computer Science will be given preference.
The Open Group Architecture Framework (TOGAF) /PRINCE2 Certification is mandatory Post 

Qualification Experience: Minimum 12 years of experience in Officer cadre in IT as a Technology Architect.
(of which)
3 years in the banking/Insurance industry on Cloud Architecture/ API framework/Open Banking/Micro Services/Payment Systems modernization/SaaS-based software industry is mandatory.

Chief Manager (Digital Technology)-
Minimum Educational Qualification:
Bachelor of Engineering/ Bachelor of Technology in Information Technology or Computer Science/MCA.
Candidates with MBA/Post Graduate Degree in Information Technology or Computer Science will be given preference. 

Post Qualification Experience:
Minimum 9 years of experience in the Officer cadre in IT in the banking or electronic payment services industry is mandatory.

Senior Manager (System/Database Administration)- 
Minimum Educational Qualification:
Bachelor of Engineering/ Bachelor of Technology in Information Technology or Computer Science/MCA.
Candidates with MBA/Post Graduate Degree in Information Technology or Computer Science will be given preference

Post Qualification Experience:
Minimum 6 years of experience in Officer Cadre in IT is mandatory.
(of which)
A minimum of 3 years of experience in system database administration/ Data warehouse /Datamart/Data lakes in banking or financial services or insurance industry is mandatory.

Senior Manager (Security Administration/Architect)-
Minimum Educational Qualification:
BSc. in Electronics, Physics, Computer Science, Information Technology
or
B.Tech /B.E- Electronics, Information Technology, Computer Science
or
MSc. Electronics, Physics, Applied Electronics
Certifications: CISSP/CISA/ CISM/CEH is mandatory
Certifications in Cyber Law, and Cyber Security certification will be preferred.

Post Qualification Experience: Minimum of 6 years of experience in the Officer cadre in IT in the banking or Electronic Payment Services industry is mandatory.

Manager (Security Administration)-
Minimum Educational Qualification:
BSc. in Electronics, Physics, Computer Science, Information Technology
or
B.Tech /B.E- Electronics, Information Technology, Computer Science
or
MSc. Electronics, Physics, Applied Electronics
Certifications: CISSP/CISA/ CISM/CEH IS mandatory
Certifications in Cyber Law, and Cyber Security certification will be preferred.

Post Qualification Experience:
Minimum 3 years of experience in IT in Officer Cadre
(of which)
02 years of experience in Security Administration function in banking or financial services or insurance industry is mandatory.

AGM - BSG (Business Solutions Group)-
Minimum Educational Qualification:
MBA in Sales/ Marketing.

Post Qualification Work Experience:
Minimum 12 years of experience in officer cadre in bank/financial institutions in direct Product Management/ Development / Product Technology / Business Solutions / Project Management & Implementation role related to Core Banking Systems and Payments systems covering Card Issuance, Acquiring, and/or relevant products like UPI, AePS, BBPS, Remittances
Should be conversant with industry-grade use cases and must have handled Fintech alliances.
Preference will be given to candidates having direct exposure/work experience in Banks/Payments networks such as NPCI, MasterCard, Visa, and Fintechs managing the above-mentioned products.

Chief Manager (Retail Products)- 
Minimum Educational Qualification:
Any Graduate with MBA or equivalent 

Post Qualification Work Experience:
Minimum 9 years of experience in Officer Cadre in a Bank/ Financial Institutions of which minimum 4 to 5 years in direct Product Management/Development role Process, Policies and SOPs related to Retail/Digital Banking products like Card Issuance, Acquiring and/or payment products like UPI, AePS, BBPS, and Remittances. Should be conversant with industry-grade use cases and must have handled Fintech alliances.
Preference will be given to candidates having direct exposure/work experience in Banks/Payments networks such as NPCI, MasterCard, and Visa managing the above-mentioned products.

Chief Manager (Retail Payments)-
Minimum Educational Qualification:
Any Graduate with MBA or equivalent

Post Qualification Work Experience:
Minimum 9 years of experience in Officer Cadre in a Bank/ Financial Institutions of which minimum 4 to 5 years in direct Product Management/Development role Process, Policies and SOPs related to Retail/Digital Banking products like Card Issuance, Acquiring and/or payment products like UPI, AePS, BBPS, and Remittances. Should be conversant with industry-grade use cases and must have handled Fintech alliances.
Preference will be given to candidates having direct exposure in Payment Gateway, POS Acquiring, UPI, Bharat QR product offering, and direct experience in managing Merchant Acquiring & Cards Product.
Preference will be given to candidates with work experience in Banks/Payments networks such as NPCI, MasterCard, Visa managing the abovementioned products

GM (Operations)-
Minimum Educational Qualification:
Graduate from University/ Institution/ Board recognized by the Government of India (or) approved by a Government Regulatory Body.
Note: CAIIB Certification is preferred. Post Qualification Work Experience Minimum of 18 years of experience in the banking/ financial services industry is mandatory.
(of Which)
Minimum 3 years of experience in heading or one level below the head of operations of a bank, operating in a technology environment, is mandatory.

Chief Compliance Officer-
Minimum Educational Qualification:
Graduate in any discipline.
Note:
1. CA/CS/MBA Finance/Post Graduate degree or equivalent is preferred.
2. Certified Banking Compliance Professional by IIBF is preferred.

Post Qualification work experience:
The CCO shall have an overall experience of at least 15 years in the banking or financial services
(of which)
minimum 5 years shall be in the Audit / Finance / Compliance / Legal / Risk Management functions in the senior management level.
Skills - The CCO shall have a good understanding of industry and risk management, knowledge of regulations, legal framework, and sensitivity to supervisors’ expectations

Chief Manager(Finance)-
Minimum Educational Qualification:
Any Commerce graduate with Chartered Accountant (Final) qualified.

Post Qualification Work Experience:
Minimum 9 years of experience in Finance/ Accounts/ Audit is mandatory.
(of which)
Minimum 5 years of experience in the officer cadre in the Finance/ Accounts department of a Bank is mandatory.

General instructions

  • The candidate working in Central/State Government/PSBs/PSUs/Autonomous Bodies must be working in the immediate lower scale or equivalent for a minimum period of one year.
  • For candidates working in Private Sector, the CTC applicable in the immediate lower scale in IPPB (refer to point 09- Compensation/Pay of this advertisement), must be drawn by the candidate for at least a period of one year.
  • The Degree/ PG Diploma/ PG Degree must be from the recognized University/Institute, recognized AICTE/UGC/Central, or Deemed University and should be a regular/full-time course. In case of any dispute arising about the admissibility of any particular qualification, the decision of India Post Payments Bank Limited (IPPB) shall be final and binding.
  • For all the minimum qualifications, the minimum qualifying marks shall be 60% except for the qualifications like CS/CA/ICWA.
  • Wherever percentage (%) of marks is not awarded by the Board/ University/ Institute and only grades (e.g. GPA /CGPA/CQPI) are awarded, the same should be converted to the exact equivalent percentage (%) of marks as per the following formula:
  • For the purpose of calculating final marks, the aggregate marks of all semesters/ years would be taken. The rounding of percentage will not be accepted under any circumstances, hence 60% of marks and above will only be considered.
  • On a 10-point scale, a CGPA/GPA of 6.0 will be considered 60 %. The fraction of the percentage so arrived will be ignored i.e. 59.9 % will be treated as less than 60%.
  • In case the result of a particular examination is posted on the website of the University / Institute and a web-based certificate is issued, then the date of passing will be reckoned from the original document/certificate issued and signed by the appropriate authority.
  • Candidates of SC/ST/OBC-NCL category can also apply for Unreserved Post/ vacancy but they cannot claim any relaxation otherwise applicable for reserved categories.

Selection Process:

  • Selection will be made on the basis of the Interview. However, Bank reserves the right to conduct the assessment, Group Discussion, or Online Test in addition to the interview. Merely satisfying the eligibility norms does not entitle a candidate to be called for an Interview/Group Discussion or Online Test.
  • IPPB reserves the right to call only the requisite number of candidates for the Assessment/ Interview/ Group Discussion or Online Test after preliminary screening/ shortlisting with reference to candidates’ qualification, experience, profile vis-a-vis job requirements, etc.
  • Results of the candidates who have qualified for various stages of the recruitment process and the list of candidates finally selected will be made available on the website. The final select list will be published on the website.

Reservations & Relaxations:

  • Reservations and relaxations for SC/ ST/ OBC (Non-Creamy Layer) / PWD (Degree of Disability 40% or above) candidates will be provided as per guidelines of Govt. of India for the purpose.
  • Age relaxation for Ex-Servicemen category candidates is applicable as per Government of India guidelines.
  • The upper age limit is relaxed by 5 years for SC/ST, 3 Years for OBC (Non-Creamy Layer) and 10 years for PWD-UR, 13 years for PWD-OBC (Non-Creamy Layer), and 15 years for PWD-SC/ST candidates.
  • The age of candidates claiming relaxation under point 8 should not exceed 56 years as of 01.03.2022.
  • The OBC candidates who belong to ‘Creamy Layer are not entitled to concession admissible to the OBC category and such candidates have to indicate their category as General.