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IIFCL Assistant Manager Recruitment 2024-25

Name of the Post

Assistant Manager (Grade A)

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IIFCL/HR/2024/04

Total Vacancies

40

Age Limit

21 to 30 years

Monthly Salary

₹ 44,500/- per month

 Educational Qualification

Degree, Post Graduate

Selection Process

Exam, Interview

Closing Date

23/12/2024

Job Location

PAN India

 IIFCL Assistant Manager Vacancy 2024-25:

Post Name

No of Vacancies

Project Financing, Stressed Asset Management

04

Accounts

05

Resource and Treasury

02

Information Technology

02

Legal

02

Secretarial Functions

01

Corporate Social Responsibility

01

Environment and Social Safeguard

02

Risk Management

02

Procurement

01

Human Resource

02

Research and Analysis

01

Rajbhasha

01

Compliance and Audit

01

Corporate Communications

01

General

12

 IIFCL Assistant Manager Age Limit:

✔️ Minimum 21 years and Maximum 30 years as on 30th November 2024.
✔️ Age Relaxation - 05 years for SC / ST, 03 years for OBC NCL and Plus 10 years for PWD.

 IIFCL Assistant Manager Pay Scale: ₹

The starting basic pay is ₹ 44,500/- per month in the pay scale of ₹ 44,500 - 2,500 (4) - 54,500 - 2,850 (7) - 74,450 - EB - 2,850 (4) - 85,850 - 3,300 (1) - 89,150 (over 17 years), applicable to Officers in Grade A.

 IIFCL Assistant Manager Eligibility Criteria:

Project Financing, Stressed Asset Management:

  • Qualification: Post-Graduate in Management (Finance/Banking), CA, CMA/ICWA.
  • Experience: 1+ year in project financing, corporate credit, stressed asset management.

Accounts

  • Qualification: CA, CMA/ICWA
  • Experience: 1+ year in accounting and taxation.

Resource and Treasury

  • Qualification: Post-Graduate in Finance/Forex/Banking, CA, CMA/ICWA.
  • Experience: 1+ year in treasury, investment desk, asset liability management.

Information Technology

  • Qualification: Engineering in IT/Computer Science, Post-Graduate in Computer Science/IT.
  • Experience: 1+ year in IT applications, cyber security, CBS/SAP.

Legal

  • Qualification: LLB (Desirable: LLM).
  • Experience: 1+ year in legal roles in banks/financial institutions/law firms.

Secretarial Functions

  • Qualification: Company Secretary (CS).
  • Experience: 1+ year in company secretarial compliance, corporate governance.

Corporate Social Responsibility

  • Qualification: Post-Graduate in CSR/Social Work.
  • Experience: 1+ year in CSR activities.

Environment and Social Safeguard

  • Qualification: Post-Graduate in Environmental Management, Engineering, Social Work
  • Experience: 1+ year in environmental/social impact assessment.

Risk Management

  • Qualification: Post-Graduate in Management (Finance/Banking), CA (Desirable: FRM). Experience: 1+ year in risk management, credit/market/operational risk.

Procurement

  • Qualification: Post-Graduate in any discipline.
  • Experience: 1+ year in procurement, especially in govt./PSUs.

Human Resource

  • Qualification: Post-Graduate in HR/Personnel Management.
  • Experience: 1+ year in HR functions, recruitment, salary management.

Research and Analysis

  • Qualification: Post-Graduate in Economics/ Statistics.
  • Experience: 1+ year in economic research, banking/financial policy analysis.

Rajbhasha

  • Qualification: Post-Graduate in Hindi/Translation, English.
  • Experience: 1+ year in translation, Hindi language compliance in govt. sectors.

Compliance and Audit

  • Qualification: Post-Graduate in any discipline (Desirable: CISA, CIA, Audit Certification)
  • Experience: 1+ year in compliance, internal audit, or related fields.

Corporate Communications

  • Qualification: Post-Graduate in Corporate Communication, Mass Communication, Journalism.
  • Experience: 1+ year in corporate communication, media, or PR roles.

General

  • Qualification: Post-Graduate in any discipline, LLB, CA, B.Tech/B.E.
  • Experience: 1+ year in officer cadre in various sectors.

 IIFCL Assistant Manager Selection Process:

✔️ Phase I - Online Examination (Objective Type)
✔️ Phase II - Interview (Technical and Behavioral)

 Application Fee:

✔️  ₹ 500/- for UR (General) / EWS / OBC category candidates.
✔️ ₹ 100/- Intimation charges only for SC / ST / PWD.

 IIFCL Assistant Manager Exam Structure:

Section of Test

No of Questions

Maximum Marks

Test of Reasoning

25

25

Quantitative Aptitude

25

25

English Language

25

35

Current Affairs related to Financial Sector

25

25

Domain Knowledge

50

100

 How to Apply IIFCL Assistant Manager Recruitment 2024-25:

Eligible candidates can apply online exclusively through the IIFCL online application portal starting from 7th December 2024. All required details, including personal information, must be filled in.
The Candidates must upload scanned copies of their Photograph, Signature, Left Thumb Impression, a handwritten declaration, and other necessary documents.
The Candidates should have a valid personal email ID and mobile number, which must remain active throughout the recruitment process.
The last date to register online applications is 23/12/2024.

 Important and Useful Links:

Detailed Notification

Notification Pdf

Online Registration Form

Apply Online Link

 Important Dates:

  • Opening of Online Registration Gateway / Payment of Fees: December 07, 2024
  • Closing of Online Registration Gateway / Payment of Fees: December 23, 2024
  • Cut-off Date for Age Eligibility: November 30, 2024
  • Cut-off Date for  Educational Qualification / Post Qualification Experience: November 30, 2024
  • Tentative Date for Online Examination: January 2025
  • Tentative Schedule for Interview: January / February 2025
  • Declaration of Final Result: January / February 2025

 

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