This is a perfect opportunity for experienced professionals looking for the latest full-time jobs for Managers and Assistant Managers in Mumbai, Maharashtra. This recruitment drive by the Indian Banks’ Association (IBA) is ideal for graduates with 3 to 5+ years of experience in the banking or financial industry.
Job Summary
The Indian Banks’ Association (IBA), the representative body for the banking industry in India, is inviting applications from qualified and experienced candidates for 3 open positions of Assistant Manager and Manager. All positions are based in Mumbai. This is a chance to work at the heart of the Indian banking sector, contributing to its development and coordination.
Candidates selected for these roles will work in a generalist capacity, handling diverse responsibilities within the banking and financial domain. The selection process will be based on shortlisting and a personal interview. This is an excellent career move for professionals looking to apply their industry experience in a strategic and influential organization.
Important Dates
- Application Start Date: August 11, 2025
- Last Date to Apply Online: August 31, 2025 (until 5:00 PM)
Vacancy & Eligibility Details
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Post: Assistant Manager (Generalist)
- Education: A Bachelor's degree in any discipline is required.
- Experience: 3 to 5 years of experience in Banking, Financial Industry, IT Operations, or Legal fields.
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Post: Manager (Generalist)
- Education: A Bachelor's degree in any discipline is required. Preference will be given to candidates with a 2-year full-time Postgraduate degree or diploma.
- Experience: A minimum of 5 years of experience in Banking or Finance, with specific expertise in areas like GST, TDS, Taxation, or Tally.
Age Limit (for both posts): Minimum 25 years and maximum 50 years as of August 31, 2025.
Salary & Emoluments
- Manager Basic Pay: ₹45,600 - ₹1,08,900 (under revision)
- Asst. Manager Basic Pay: ₹36,000 - ₹80,550 (under revision)
- Other Benefits: Includes DA, HRA, various allowances, medical insurance, term insurance, PF, and gratuity as per IBA rules.
Selection Process
The selection will be a two-stage process. First, candidates will be shortlisted based on their qualifications and experience. After that, only the shortlisted candidates will be called for a Personal Interview. There is no application fee for this recruitment.
Frequently Asked Questions (FAQ)
Q1: Who is the hiring organization?
A1: The hiring organization is the Indian Banks’ Association (IBA), which is the representative body of the banking industry in India.
Q2: What are the available positions?
A2: There are 3 vacancies in total for the posts of Assistant Manager and Manager in a generalist capacity.
Q3: What is the required experience for these jobs?
A3: For the Assistant Manager post, 3 to 5 years of experience is required. For the Manager post, a minimum of 5 years of experience is required.
Q4: Is there an application fee?
A4: No, the official notification states that there is no application fee for this recruitment.
Q5: What is the last date to apply?
A5: The last date to apply online is August 31, 2025, up to 5:00 PM.
Q6: What is the salary of Indian Banks’ Association staff?
A6: As per the latest notification, Managers receive a basic pay between ₹45,600 and ₹1,08,900, while Assistant Managers receive between ₹36,000 and ₹80,550, plus allowances and benefits.
Q7: What is the work of the Indian Banks’ Association?
A7: The IBA represents banks in India, coordinates industry policies, assists member banks in implementing new systems, and advocates for the banking sector.
Q8: What is IBA in banking?
A8: IBA stands for Indian Banks’ Association. It is a representative body of banks in India, including public sector banks, private banks, foreign banks, and cooperative banks.
Q9: Is Punjab National Bank under IBA?
A9: Yes. Punjab National Bank, along with most public sector and private banks in India, is a member of the Indian Banks’ Association.
Q10: Is Indian Banks’ Association a bank?
A10: No, IBA is not a bank. It is an industry body that represents banks and financial institutions in India.
Q11: How to apply for IBA jobs?
A11: Applications must be submitted online through the official IBA careers portal at https://career.iba.org.in/. No other mode of application is accepted.
Q12: How to get IBA approval?
A12: IBA approval generally refers to certification or recognition given to certain products, services, or institutions. This is not related to job applications, which must be submitted via the IBA careers portal.
Q13: What benefits do IBA employees receive?
A13: IBA employees receive allowances such as DA, HRA, medical insurance, term insurance, PF, gratuity, and other perks as per IBA staff rules.
📄 Official Notification Document: View Notification
🖥️ Official Apply Online Link: Apply Here