Explore Exciting Career Opportunities with IIFCL – Join as an Assistant Manager (Grade A)
The India Infrastructure Finance Company Limited (IIFCL) invites applications for the position of Assistant Manager (Grade A) across various streams. If you’re seeking a dynamic role in infrastructure development, here’s your chance!
Available Positions and Details
| Stream | Posts | Required Qualification | Experience | Preferred Skills/Area |
|---|---|---|---|---|
| Project Financing & Stressed Asset Mgmt. | 4 | Post-Graduate in Finance/Banking OR CA/CMA/CFA | 1 year in project financing, corporate credit appraisal, or stressed asset management. | Infrastructure sector experience desirable. |
| Accounts | 5 | CA/CMA | 1 year in accounting and taxation. | |
| Treasury | 2 | Post-Graduate in Finance/Banking OR CA/CMA | 1 year in treasury functions, asset-liability management, or forex operations. | Certification in Treasury/Forex is a plus. |
| Information Technology | 2 | Engineering (IT/Computer Science) OR PG in IT | 1 year in IT applications, cyber security, or CBS/SAP implementation. | |
| Legal | 2 | LLB (LLM desirable) | 1 year in law practice or as a law officer in financial institutions. | |
| Risk Management | 2 | Post-Graduate in Finance OR CA | 1 year in credit risk, market risk, or operational risk management. | FRM certification preferred. |
| HR | 2 | Post-Graduate in HR/Personnel Management | 1 year in HR functions like recruitment, training, or salary management. | Knowledge of reservation policies desirable. |
| CSR | 1 | PG in CSR/Social Work | 1 year in handling CSR activities. | |
| Corporate Communication | 1 | PG in Communication/Journalism/Advertising | 1 year in corporate/media communication or public relations. | |
| General | 12 | Post-Graduate/Professional Degree in relevant field | 1 year in banking/finance or related fields. |
Eligibility Criteria
| Criteria | Details |
|---|---|
| Nationality | Indian citizens only. |
| Age Limit | 21–30 years (as of Nov 30, 2024). Age relaxations for SC/ST (5 years), OBC (3 years), PwBD (10–15 years based on category). |
| Qualifications | Relevant postgraduate or professional qualifications (CA, CMA, CS, LLB, etc.) with at least 1 year of post-qualification experience. |
| Application Fee | ₹600 for General/OBC/EWS; ₹100 for SC/ST/PwBD. |
Selection Process
| Phase | Details |
|---|---|
| Phase I | Online Examination: Reasoning, Quantitative Aptitude, English, Financial Current Affairs (100 marks); Domain Knowledge (100 marks). |
| Phase II | Interview (100 marks): Assessment of technical and behavioral skills. |
| Weightage | Final selection based on combined performance in Online Exam (40%) and Interview (60%). |
Key Benefits
| Category | Details |
|---|---|
| Salary | ₹44,500/month starting basic pay. Total CTC: ~₹19 lakhs/year. |
| Perks & Allowances | HRA, medical reimbursements, leave travel concessions, and more. |
| Career Growth | Additional increments for qualifications like JAIIB, CAIIB, or certifications like FRM. |
Important Dates
| Event | Date |
|---|---|
| Online Registration Opens | December 7, 2024 |
| Online Registration Closes | December 23, 2024 |
| Online Examination (Tentative) | January 2025 |
| Interview Schedule (Tentative) | January/February 2025 |
How to Apply
- Application Mode: Online.
- Steps to Apply:
- Register with a valid email and mobile number.
- Fill in personal, educational, and professional details.
- Upload required documents (photo, signature, etc.).
- Pay the application fee online.
- Submit and print the acknowledgment.
Quick Links
| Action | Link |
|---|---|
| Apply Online | Click Here |
| Download Notification | Click Here |
Frequently Asked Questions (FAQs)
1. Who can apply for the Assistant Manager positions?
Candidates who meet the educational qualifications, age limits, and have a minimum of 1 year of post-qualification experience in the relevant stream can apply.
2. Is prior work experience mandatory?
Yes, candidates must have at least 1 year of post-qualification experience in their respective fields.
3. What is the selection process?
The selection process includes:
- Phase I: Online Examination
- Phase II: Interview (Technical and Behavioral) The final selection is based on a combined score of both phases.
4. Can I apply for more than one stream?
No, candidates can only apply for one stream per recruitment cycle.
5. Is there any application fee?
Yes, the application fee is ₹600 for General/OBC/EWS candidates and ₹100 for SC/ST/PwBD candidates.
6. Will I be reimbursed for the interview travel expenses?
Yes, SC/ST and PwBD candidates will be reimbursed for travel expenses (III AC rail fare or equivalent).
7. What is the salary for an Assistant Manager?
The starting basic pay is ₹44,500/month, with a total CTC of approximately ₹19 lakhs/year, including allowances and perks.
8. Can I choose my interview language?
Yes, candidates can choose to be interviewed in either Hindi or English.
9. What are the examination centers for the online test?
The online examination will be conducted in various cities across India. Candidates can select their preferred center while applying.
10. How can I stay updated about the recruitment process?
Visit the IIFCL Careers Page regularly for updates, announcements, and corrigenda.
Shamim Talukdar