International Financial Services Centres Authority Recruitment for Chief General Manager Jobs in Gandhinagar - Apply Today International Financial Services Centres Authority Recruitment of Chief General Manager Jobs
International Financial Services Centres Authority Chief General Manager Recruitment 2020: International Financial Services Centres Authority invites application for the position Chief General Manager etc. Read details, eligibility criteria mentioned below for the vacancy and eligible candidates can submit their application directly to International Financial Services Centres Authority before 07-10-2020.

International Financial Services Centres Authority Recruitment 2020 for Chief General Manager Notification in Gandhinagar

International Financial Services Centres Authority Recruitment 2020Details
Job RoleChief General Manager
Education RequirementB.Tech/B.E, LLB, CA, CS, ICWA, M.A, M.Com, MBA/PGDM, MCA
Total Vacancy4 Posts
Job LocationsGandhinagar
Age LimitNot more than 52 years of age
Experience18 - 20 years
Salary101900 - 113900(Per Month)
Posted on21-09-2020
Last Date To Apply07-10-2020


Qualification in Details:

A. Recruitment of Chief General Manager(Officer Grade F) on Direct Recruitment / Deputation / Contract basis:
1. The Government of India has recently set up the International Financial Services Centres Authority (IFSCA), which is a statutory body under IFSCA Act, 2019. The Authority will function as a unified regulator and is empowered to exercise the powers of RBI, SEBI, IRDAI and PFRDA in respect of financial services, financial products and financial institutions performed/located in the international financial services centres in the country. IFSCA invites applications from Indian citizens for the post of Chief General Manager on Direct Recruitment / Deputation / Contract basis.
 

B. Pay and Allowances:
2. Scale of Pay: As admissible to Chief General Manager (CGM), IFSCA. The present applicable scale of pay for Chief General Manager is Rs. 101900-3000(4)-113900(5 years). Monthly gross emoluments at the minimum of pay scale work out to approximately Rs 3.25 lakh plus service benefits as applicable.
3. Benefits: Other benefit includes Leave Travel Concession, Medical Benefits and insurance, House Rent Allowance, Conveyance expenses, Telephone/mobile/broadband/internet expenses, Financial Dailies, Staff Furnishing Scheme, Household help, Children Education allowance, Equipment maintenance allowance, Official entertainment allowance and Scheme for purchase of computer, etc.

C. ON DIRECT RECRUITMENT / CONTRACT BASIS: Must possess minimum 18 years of experience in the fields of financial products, financial services and financial institutions with the following qualifications.
(i) Master’s Degree with specialization in Statistics / Economics / Commerce / Business Administration (Finance) / Econometrics.
(ii) Bachelor’s Degree information technology/ computer science)/ Masters in Computers Application/ information technology.
(iii) Bachelor’s Degree in Commerce with CA, CFA, CS, ICWA.
(iv) Bachelor’s Degree in Law Term of Appointment on Contract basis: Candidates selected for appointment on contract basis will be appointed for a maximum period of five years subject to periodic performance review, on suitable terms and conditions.

D. Direct Recruitment basis: As per Rule 6 (4) (a) and (b) of IFSCA employees’ service regulations read with Recruitment Rules which provides for Direct Recruitment at higher grade in special circumstances, where no suitable candidate is available or the exigencies of work require

E. The candidates appointed on Deputation basis would have the option to draw pay and allowances as admissible to him/her in the parent organization or the scale of pay as admissible in IFSCA

F. Experience as on October 31, 2020: Candidate must possess not less than 17 years of experience for Officer Grade F (Chief General Manager) in All-India Service/ Central Civil Service as Group A officer or equivalent experience in RBI, SEBI, IRDAI, PFRDA Banks, Financial Institutions, academic Institutions and other regulatory bodies, Central/State Statutory /Autonomous/Subordinate Authorities. The experience shall be in dealing with the activities relating to securities market, Insurance, Banking, Pension, financial products and financial services, special knowledge / experience of law, investigation, finance, Economics, Accountancy, IT and Administration.

G. Term of appointment on Deputation: The appointment for the post will be on deputation basis for a period of three years. The candidates applying for the post of Chief General Manager on deputation basis should route their applications through their employer. Candidates applying on Deputation basis should also furnish Vigilance Clearance (major / minor penalties, if any, imposed during last 10 years), Cadre Clearance and Annual Confidential Reports for last 5 years along with the application. Incomplete applications will not be considered. In case non-receipt of the abovementioned documents on or before the date of interview, the application shall be summarily rejected.

Age Limit:

Not more than 52 years of age

General Instructions

1. Applications which are incomplete, or received after the prescribed date will not be considered. 2. Mode of Selection will be Interview. The Authority reserves the right to modify the selection procedure, if deemed fit.
3. Candidates should satisfy themselves about their eligibility for the post applied for. The Authority shall determine their eligibility and only eligible candidates will be called for Interview. 4. The Candidate appointed on deputation basis may get an opportunity to get permanent employment in IFSCA after a period of three years subject to the performance assessment by the Authority and acceptance of lending organization. The Candidates appointed on contract basis will not be entitled for permanent employment with the Authority. 5. Candidates applying for the post of Executive Director (On Contract) who are already in service of Govt./Quasi-Govt. Organizations and Public Sector Banks /Undertakings will have to produce a "No Objection Certificate' from their employer, at the time of Interview. Before appointment in IFSCA, a proper discharge certificate from the employer will have to be produced. 6. The applications that are required to be routed through the employer will not be considered if it reaches the Authority after the due date even though submitted to the employer before the due date. In such cases, application marked 'Advance Copy' should be sent to Authority and the regular copy should be routed through the employer. 7. The Authority reserves the right to raise the minimum standards in respect of qualification and experience in order to restrict the number of candidates to be called for the Interview. Thus, merely fulfilling the eligibility conditions laid down in the advertisement as regards qualifications and experience, would not automatically entitle any candidate to be called for the Interview. 8. The IFSCA reserves the right to fill all the posts and right not to fill up the posts at all. The Authority reserves the right to decrease or increase the number of posts to be filled in case of best suitability. 9. The Authority reserves the right to cancel the advertisement fully or partly on any grounds. 10. Canvassing in any form will disqualify the candidate. 11. If the candidate is not eligible or have knowingly or willfully furnished incorrect or false particulars or suppressed material information, his/her candidature will be liable to be cancelled at any stage of the selection. If the candidate qualifies in the selection process and subsequently it is found that he/she does not fulfill the eligibility criteria, his/her candidature will be cancelled and if appointed, he/she will be repatriated and in case of contract appointment, the contract would be terminated without any notice or compensation. Action as deemed fit will be initiated. 14. Applications received after due date will not be entertained. The Authority takes no responsibility for any delay in receipt of application or loss thereof in postal transit. 15. The decision of Authority in all matters would be final and binding, and no correspondence in this regard would be entertained.


Address

The Officer on Special Duty, International Financial Services Centres Authority (IFSCA), Second floor, PRAGYA Tower, Block 15, Zone 1, Road 1C, GIFT SEZ, GIFT City, Gandhinagar Gujarat-382355

Selection Procedure

(i) Scrutiny of application
(ii) Stage-1: Preliminary Interview
(iii) Stage-2: Final interview of the candidates shortlisted from the preliminary Interview. Competent authority shall constitute a selection committee, comprising such number of persons and outside expert as it may determine for interviewing the candidates. Candidates on their appointment on Direct Recruitment basis, shall be compulsorily under probation for period of two years and only after successful completion of probation period, his/her case will be considered for confirmation on the post through Departmental Promotion Committee process. 

Competent authority may, due to exigencies of work and/or non-availability of suitable candidates within the Authority’s service, take on deputation basis such employees from Government, RBI, SEBI, IRDAI, PFRDA or any other Organizations for a specified period and thereafter employees on deputation may get an opportunity to get absorbed with the Authority and their terms and conditions of deputation/absorption, shall be specified by the competent authority. 

Apply Procedure

1. The candidates willing to apply for the above posts are requested to refer www.dea.gov.in for detailed vacancy notification, service benefits and the eligibility criteria in terms of age, qualification and experience etc,. Reservation for Direct Recruitment mode will be applicable as per rules. The last date for receipt of application along with requisite documents by post is 07.10.2020 by 6.00 PM. For any query, please contact at 07961708432.

2. Candidates who satisfy the eligibility norms may apply giving their bio data strictly in the format given below. Applications along with supporting documents should be sent by ordinary post in a cover superscribing the post applied for ‘IFSCA – application for the post of Executive Director (write name of the stream) to the following address: The Officer on Special Duty, International Financial Services Centres Authority (IFSCA), Second floor, PRAGYA Tower, Block 15, Zone 1, Road 1C, GIFT SEZ, GIFT City, Gandhinagar Gujarat-382355 Phone: 07961708432 Applications not in the prescribed format and received after this date are liable to be rejected. The last date and time to reach the application is October 7, 2020 by 6.00 PM


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