Bank of India Recruitment 2024

Bank of India Recruitment 2024

BANK OF INDIA, a prominent Public Sector Bank headquartered in Mumbai, is seeking applications for the position of Advisor/Consultant for IRAC & P Automation. This part-time role is available for a 12-month period. Interested candidates are advised to review the detailed notice before submitting their application.

Vacancy Details

• Post Name: Advisor/ Consultant
• No of Post: 01
• Tenure: The appointment will be on a contract basis for an initial term of 12 months. Either party may terminate the contract with one month’s notice or equivalent remuneration in lieu of notice.
• Age: Age should not exceed 65 years as on 24/07/2024

Eligibility Criteria

• Candidates should have experience in the relevant functional area, specifically those who have retired as an Executive at the level of Deputy General Manager/ Assistant General Manager or higher from RBI, our Bank, other Nationalized Banks, Private Sector Banks, Foreign Banks, IT/Payment/NBFC/Fintech companies, or Government Departments.
• This includes professionals of high standing from Government, industry, and academia with the necessary experience and skill set. Additionally, experience in the implementation of IRAC & P norms in Finacle or similar systems is required.

Salary Details

The said Advisor will be entitled to remuneration as decided by the Committee. Upon selection of advisor, the committee will negotiate and decide the remuneration

Selection Process

• Shortlisting: Candidates will be shortlisted based on personal interaction or interview. The final selection will depend on the marks obtained during this process, with selection made in order of merit.
• Maximum Marks: The maximum score for the personal interaction/interview is 100 marks.
• Shortlisting Criteria: The Bank reserves the right to shortlist candidates based on their academic record, work experience, and suitability as determined by the Bank. Only those shortlisted will be invited for the personal interaction/interview or other processes as decided.
• Selection Process Changes: The Bank of India retains the right to modify, add to, or cancel the selection process and schedule at its discretion due to unforeseen circumstances. Any changes will be announced on the Bank’s website or via email.
• Responsibility for Communication: The Bank is not responsible for any delays or failures in communication. Candidates are advised to regularly check their email and the Bank’s website for updates.
• Final Selection: The final selection will be based on the marks obtained in the personal interaction/interview and will follow a merit ranking system.
• Tie-Breaker: In the event of a tie between candidates with equal marks, the merit order will be determined by Date of Birth, with older candidates placed higher on the merit list.

Important Dates

How to Apply

• Eligible candidates should submit their applications using the prescribed format available on the Bank’s website at www.bankofindia.co.in under the “Career” section, specifically under “Appointment of Consultant on Contract Basis – Project 2024-25/01 (Notice dt. 24.07.2024)”.
• The deadline for receiving offline applications is 05.08.2024. Applications received after this date will be rejected.
• Only typed applications in the prescribed format will be accepted; handwritten applications will be summarily rejected.
• Incomplete applications or those received after the deadline will also be rejected.
• The Bank of India reserves the right to reject applications from any or all candidates without providing reasons.
• Applications must be sent in a sealed envelope, clearly marked “Application for the post of Advisor/Consultant for IRAC & P Automation,” and addressed to:
• The Chief General Manager, Bank of India, Human Resources Department, Recruitment Division, 9th Floor, Star House, Plot C-5, “G” Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051
• Additionally, scanned copies of the applications may be emailed to headoffice.randp@bankofindia.co.in with a maximum attachment size of 4 MB.
• Hand-delivered applications will not be accepted. Note that the Bank will not be responsible for any misplacement, damage, or delay in delivery of applications by postal authorities or courier services.

Application Procedure

• Valid Email: Ensure you have a valid e-mail address.
• Application Verification: Check and verify your application before forwarding it to the specified address.
• Interview Copy: Keep a copy of the application ready for submission at the time of the interview.
• Document Submission: Fill out the application form and include the following documents:
• Self-attested copy of the School Leaving Certificate or another acceptable document proving age.
• Supporting documents certifying your relevant work experience.
• No Objection Certificate (NOC) or permission letter from your current or previous employer, if applicable.
• Proof of Identity and Address.

Official PDF Link