Federal Bank Recruitment of Specialist Officers

Company Name :FEDERAL BANK

Recruitment Process for Specialist Officers (IT Officer in Scale I and Credit Officers in Scale I / II)

Federal Bank, one of India’s leading private sector banks invites applications for the positionof IT Officers in Scale I and Credit Officers in Scale I / II in specialist cadre.

Eligible candidates are advised to apply online between 12.07.2016 and 22.07.2016 (both days inclusive) only through the Bank’s website www.federalbank.co.in, after carefully going through the instructions contained in this advertisement. No other means/mode of application will be accepted.

Important Dates:
Opening Date of Online Registration Gateway12.07.2016
Closing Date of Online Registration Gateway22.07.2016

Probation Period
Selected candidates will be on probation for a continuous period of 1 year.

A. IT Officer in Scale I

Age (As on 01.07.2016)
Candidates shall not exceed 28 years of age as on 01.07.2016.

The candidate shall be a citizen of India.

Minimum Educational Qualifications
  • Should have passed BE / B.Tech /M.Tech / MCA / M.Sc in Computer Science /Information Technology / Electronics and Communication with minimum 60% marks from a recognized university/ Institution.
  • Candidates should have acquired the educational qualification through regular campus based study and not through private study/ correspondence/ distance learning program. The initial posting will be in Head Office / Aluva.
  • Non-attainment of minimum marks will disqualify the candidate from the final
Post Qualification Work Experience
  1. Candidates should have minimum 2 years experience in Software development as on
    • Knowledge of web related technologies in Java, J2EE, VB, VB Net, development in
      mobile technologies and responsive UI, exposure in RDBMS (Oracle/ DB2/ SQL Server) is desirable.
    • Knowledge of Linux / Unix operating systems, software test methodologies/ tools,
      security measures/ security implementation experience would be an added advantage.
    • Non-attainment of minimum marks will disqualify the candidate from the final
    •                 OR
  2. Candidates should have minimum 2 years experience in Network Administration as on
  • Knowledge in Network technologies, ability to setup and trouble shoot LAN, WAN.
    Certification such as MCSE, MCITP.

B. Credit Officers in Scale I / II
  Age (As on 01.07.2016) Candidates shall not exceed 32 years of age as on 01.07.2016.

  Nationality The candidate shall be a citizen of India.

  Place of domicile The candidate shall be domiciled in any state in India, except for the state of Kerala.

  Minimum Educational Qualifications
  • Graduation in any discipline with minimum 60% marks, from any of the universities
    incorporated by an act of the central or state legislature in India or other educational
    institutions established by an act of Parliament or declared to be deemed as an University under section 3 of UGC Act, 1956, or possess an equivalent qualification recognized by the Ministry of HRD, Government of India or approved by AICTE.
  • Professional qualifications such as CA, ICWA, CFA, MBA (Finance), Agricultural related
    disciplines would be an added advantage.
  • Non-attainment of minimum marks will disqualify the candidate from the final selection.
Post Qualification Work Experience
  • Minimum 3 year experience in Officer cadre as on 01.07.2016, in credit processing related assignments / credit roles in Credit Processing Offices / Large Branches / Head Offices / Regional Offices / Zonal Offices of any scheduled commercial banks.
  • Experience in SME / Corporate lending, Export finance & Bill discounting, Real Estate
    financing, Agricultural lending, Retail lending, Credit administration is considered desirable.
  • Candidates should also have adequate knowledge in Analysis and interpretation of
    financial statements, cash budget etc, Regulatory guidelines, compliance, industry trends, market developments and legal matters, FEMA, ECGC guidelines, Company law, various subsidy schemes, working capital cycle, operating cash flows, cash flow discounting techniques, good knowledge in accounting, various accounting standards, convergence of Indian standards with IFRS, etc to independently process / underwrite credit proposals.
Scale of Pay
  Scale I :   23700 - 980/7 - 30560 – 1145/2 - 32850 – 1310/7 - 42020
  Scale II : 31705 – 1145/1 - 32850 – 1310/10 - 45950
 Basic Pay of selected candidates will be fixed in the appropriate stage in the selected scale as above depending on qualification, exposure and experience the candidate possess.

 DA, HRA, CCA will be paid as per rules of the Bank in force from time to time depending upon the place of posting. Medical Aid, Hospitalization Scheme, Leave Fare Concession, retirement benefits and other perquisites will be admissible as per Bank’s rules.

 The present annual Cost to Company (CTC) of a Scale I Officer posted in Cochin is `7.35 Lakhs (approx) and the monthly take home pay comes to around `39,000 (approx), and that of a Scale II Officer posted in Cochin comes to around `9.23 Lakhs (approx) and the monthly take home pay comes to around `52,000 (approx).

 How to Apply

Eligible candidates have to apply online through the Bank’s website only. No other means/mode of application is acceptable. The application format should be filled in English only. Before registering their applications on the website, candidates should note/possess the following:
  1. To keep the particulars of educational qualifications and other personal details ready before applying as these details are required to fill in the online application form.
  2. To keep scanned copies of their latest passport size photograph and signature ready for uploading while submitting the online application. Candidates shall comply with the
    specifications cited in the online application, with regard to the pixel resolution and
    size of the scanned images used.
  3. Candidate must possess his/ her personal e-mail ID which should be valid for the entire duration of this recruitment process.
  4. To submit applications online, log on to our Bank’s website www.federalbank.co.in, follow the link „Careers‟, and click “View Notification” given under the Recruitment of  IT Officers in Scale I / Credit Officers in Scale I & II segment provided in the careers page. After reading the instructions detailed in the recruitment notification carefully, click “Apply Online”, to proceed to the online application. Fill up all the Category Application Fees SC/ST `250 General/ Others `500 details required in the application and click “Submit” available at the bottom of the online application and your online application will be registered. Candidates shall take a print-out of the Online Application form which is to be submitted at the time of online assessment test.
  5. Intimation for downloading call letters will be sent to the shortlisted candidates only through e-mail at the e-mail address given by them in the online application.
General Instructions
  1. Before filling in the online application form, the candidate must ensure that he/ she fulfills all the eligibility criteria with respect to age, educational qualifications etc. and that the particulars furnished in the application form are correct in all respects. In case it is detected at any stage that a candidate does not fulfill any of the eligibility criteria, and / or that he / she has furnished any incorrect information or has suppressed any material fact(s), his / her candidature will stand cancelled. If any of these shortcomings is/are detected even after the appointment, his/her services are liable to be terminated.
  2. Decision of the Bank in all matters regarding eligibility of the candidate, the stages at which such scrutiny of eligibility is to be undertaken, the documents to be produced at the time of group discussion, interview, selection etc. and any other matter relating to recruitment will be final and binding on the candidates. No correspondence or personal enquiries shall be entertained by the Bank in this regard.
  3. The Bank reserves the right to raise the minimum eligibility standard, etc., in order to restrict the number of candidates to be called for GD and Interview commensurate with the number of vacancies.
  4. Eligible candidates have to appear for the selection process/ interview at their own expense at the venue and date notified by the Bank.
  5. Valid proof of identity such as Aadhar Card / PAN card / Passport / Voter I D Card / Driving License / Permanent Identity card issued by the present employer or any other valid proof of identification with a photograph should be produced at the time of selection process/ interview to be conducted by the Bank.
  6. Candidates are advised not to change their appearance till the recruitment process is complete.
  7. Request for change of address / change of centre for selection process/ interview shall not be entertained.
  8. The Bank has the right to reject any application/ candidature at any stage without assigning any reason and the decision of the Bank shall be final.
  9. Appointments of selected candidates will be subject to his / her being declared medically fit by the Bank Medical Officer, satisfactory report about his / her character and antecedents by the Police Authorities, satisfactory references from respectable referees, verification of caste / tribe certificate (for reserved category candidates only) and completion of all other pre recruitment formalities to the  complete satisfaction of the Bank. Further, such appointment shall also be subject to Service and Conduct Rules of the Bank.
  10. The Bank takes no responsibility for any delay in submission of online applications or
    communication. Candidates in their own interest are advised to submit on line applications well before the last date.
  11. The access to the Bank’s website could be delayed towards the closing date for submitting the online registration due to heavy internet traffic. So the candidates are advised to avoid last minute rush and make use of the time span available for submitting the applications online. Candidates in their own interest are advised to submit online applications well before the last date.
  12. For any clarifications candidates may contact at careers@federalbank.co.in
For more information visit official Notification.Official Notification

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