Members / Candidates grievance resolution system


Recruitment of “Director (Training)” on Contract Basis

The Institute invites applications for the post of “Director (Training)” on contract basis (full time) at its Corporate Office at Mumbai from serving/ retired Banking and Finance professionals as per the details given below:

Name of the Post

No. of vacancies

Director (Training)



  • Identify and assess training needs of the members of the Institute;
  • Plan, organize, and direct a wide range of training activities and development programs for the banking & finance professionals;
  • Evaluate Trainers’ performance and the effectiveness of training programmes and provide recommendations for improvement;
  • Develop training manuals, multimedia visual aids, and other educational materials;
  • Promote established courses/ training programmes of the Institute with banks and evolve training procedures/ processes for impact analysis and improvement
  • Oversee the organisation of Continuous Professional Development function of the Institute including arranging talks, memorial lectures and on location seminars.
  • Overall incharge of Training Dept. of IIBF




  • Post Graduate/ CA/CMA/CFA and CAIIB

  • MBA or equivalent qualification
  • Ph. D (Banking/ Finance related topic)



Should have worked as DGM and above cadre in Banks / Financial Institutions for at least 3 years with proven contributions in academic activities covering variety of subjects in Banking and Finance.


  • Worked as Principal / core academic faculty for at least 2 years in Banks / Financial Institutions/ Academic Institutions.
  • Computer Savvy to work in a virtual environment.


The age of the applicant should not be less than 55 years and should not exceed 62 years as on 01/01/2024.


a. The monthly remuneration of Rs. 1,50,000/- per month (All inclusive). TDS as applicable, with annual increment of Rs. 10,000/-.

b. In addition to the above, an amount up to a maximum limit of Rs. 50,000/- per month will be paid, if the selected candidate stays in a leased accommodation at Mumbai Metropolitan Region (subject to submission of necessary documents) and Rs. 30,000/-per month will be paid towards conveyance charges. However, if the selected candidate is having a house/ flat in his/ her name or in the name of his/ her spouse in Mumbai Metropolitan Region or if he/she makes own stay arrangement, 15% of the monthly remuneration (i.e. Rs. 1,50,000/-) will be paid towards house rent allowance.

The eligible remuneration as stated in clause (a) & (b) will be paid as a consolidated amount on monthly basis.


15 days leave in a year (Not encashable nor can be carried forward)


  • The term of contract will be for three years. It is extendable for a further period of one year each time up to a maximum of 3 years or up to the age of 65 years, whichever is earlier, depending upon the requirement and performance.
  • The contract may be terminated with a notice period of three months from either side.


Shortlisted candidates will have to appear for personal interview before the selection committee at the Institute’s Corporate office, Mumbai. Outstation candidate will be reimbursed AC-2 tier to and fro train fares (shortest route).

Institute reserves the right to shortlist the candidates for personal interview and its decision will be final in the matter.


The candidate should submit his/her application online through the link given below on or before 03-02-2024. No other mode of application will be accepted.

The Deputy Director (HR & IR)
Indian Institute of Banking and Finance,
Kohinoor City, Commercial –II,
Kirol Road, Kurla – West,
Mumbai – 400 070.