IFCI Recruitment 2022: Salary Upto 50 Lakh Per Annum, Check Post, Eligibility and Other Details here

IFCI Recruitment 2022: IFCI Ltd. invites applications for the post of Managing Director of IFCI Financial Services Ltd (IFIN) (a subsidiary of IFCI Ltd.) initially for a period of 03 years. Rewards and Benefits will be Negotiable, with a cap of INR 50 Lakh Per Annum, the maximum age for applying for this post would be 55 years. Candidates should have a minimum experience of 20 years out of which 10 – 15 years of experience in Broking and DP Business (Institutional and Retail clients).

Eligible candidates may send their applications, as per the annexed format, along with the requisite documents to the following address: The General Manager (SACD), 13th Floor, IFCI Ltd., IFCI Tower, 61, Nehru Place, New Delhi – 1100019 The envelope containing the application should mention “Application for MD of IFIN”, Last Date for receiving application: Aug 10, 2022 by IST 1500 Hrs.

Note: The cut-off date for the experience, age, etc. shall be considered as July 01, 2022.

Below are major information regarding IFCI Recruitment 

Eligibility Criteria for IFCI Recruitment 2022:

Qualification:

• MBA (Finance or Marketing) / Chartered Accountant / CFA / Master-Degree with a degree/diploma related to Broking / DP Business or Capital Market.
• Additional qualification with specialization in Stock Market and related fields shall be an added advantage.

Age: Maximum 55 years

Experience:

• Min Experience of 20 years out of which 10 – 15 years of experience in Broking and DP Business (Institutional and Retail clients).
• Should have held a senior-level position in his previous organization.

Desired qualification:

• Exposure to Fintech.
• An exposure of 5 years or more in a Leadership Role.
• Market Savvy with experience in customer acquisition.
• Innovative and technology-driven.

Key Responsibilities:

• Identify Business Potential & Growth opportunities within the Regulatory Framework and drive implementation by creating the right synergies.
• Develop and maintain an agile, performance oriented & motivated Work Force.
• Plan proactive strategies to identify and mitigate the potential risks to the business.
• Driving transformation in IFIN as a Technology based Financial Intermediary by adoption of new & innovative technologies.
• Ensure Compliance to all internal, regulatory and statutory norms.
• Create Value Proposition for the stakeholders viz. investors, regulators, employees etc. and serve sustained customer delight to institutional as well as retail customers. Enhancing Brand Value of IFIN.
• Accountable to IFIN’s Board of Directors as Chief Executive of the Company for achieving the Company’s Objectives & Performance Parameters & its efficient functioning. Rewards and Benefits Negotiable, with a cap of INR 50 Lakh Per Annum

Tenure: 

• MD – IFIN shall hold office for a period of 3 years from the date of joining.
• The tenure may be considered for extension by up to two years or more, but not beyond attaining the retirement age i.e. 60 years, based on satisfactory performance. (Decision of Selection Authority / Committee shall be final in all respects.)

Selection Procedure for IFCI Recruitment 2022

Selection shall be based on screening of applications, shortlisting, and Personal Interviews.

How to Apply for IFCI Recruitment 2022

Eligible candidates may send their applications, as per the annexed format, along with the requisite documents to the following address: The General Manager (SACD), 13th Floor, IFCI Ltd., IFCI Tower, 61, Nehru Place, New Delhi – 1100019 The envelope containing the application should mention “Application for MD of IFIN”, Last Date for receiving application: Aug 10, 2022 by IST 1500 Hrs.

Note: For any queries, may contact at: 011-4173 2212 Note: Cut-off date for the experience, age etc. shall be considered as July 01, 2022.

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