IPPB Eligibility Criteria 2022

The IPPB has released the IPPB Recruitment 2022 Notification to fill 12 vacancies on a scale of II, III, IV, V, VI & VII on a regular & contract basis. The Indian Post Payment Bank apply online application link has been activated on 26th March 2022 and the last date to apply is 9th April 2022. Interested & eligible candidates can apply for Indian Post Payment Bank recruitment 2022 by visiting the official website of the Indian Post Payment Bank www.ippbonline.com

The IPPB has been set up under the Department of Post, Ministry of Communication having 650 Branches all over India. The Indian Post Payment Bank has invited the online application for the recruitment of Manager, Chief Manager, Senior Manager, Assistant General Manager, Deputy General Manager, and General Manager. Candidates who are meeting the required eligibility criteria can apply for the posts from 26th March to 9th April 2022.

You can check IPPB Previous Question Papers 2022 Here

IPPB Eligibility Criteria 2022

Before applying for the Indian Post Payment Bank Recruitment 2022, applicants must make sure that they fulfill the required eligibility criteria to avoid rejection at later stages. The eligibility criteria include educational qualifications and the age limit.

IPPB Age Limit

The Age and Qualification Experience as on 01.03.2022 for the posts are given below for your reference:

IPPB Educational Qualification 2022

• Department: Information Technology

          Position: Chief Technology Office

         Job Description:

1. To define the Technology strategy, vision and build the technology competency for a successful launch of the Bank. It involves accountability and decision making on team selection, technology stack selection, partner selection, implementation and operations.
2. Also will be responsible to lead the digital technology implementation and customer experience.
3. The CTO candidate should ideally have experience of similar scale in banking sectors. Combined experience in a Bank with a focus on Payments Technology / Mobile commerce will be an added plus. IPPB system integration implementation is highly complex due to the scale and multiple SI’s and technology vendors involved, over and above linking the platform with other Government departments.

Primary Responsibilities:

1. Build a robust technology organization for IPPB by defining its technology strategy and designing technology architecture covering both back-end and customer facing systems, which include payments applications infrastructure architecture, technology operations, projects and program management.
2. The strategy should focus on delivering next generation payments processing platform, simplify last mile banking, on time with high quality
3. Will design the entire tech governance framework for the Bank Align IPPB’s technology design with DoP technology design and GoI’s Direct Benefit Transfer infrastructure design
4. Be an innovative thought leader in the technology space and must be well versed with the development in the payments/ mobile/online space.
5. Set up and run Data Analytics platform, and actively contribute to business.
6. Responsible for providing cost effective and cutting edge technologies for the common man and financial eco-system in the digitization space
7. Maintain technology vendor relationship and compliance with service level agreements/ contractual commitments.
8. Mentor operations and project team to achieve budgeted results through service excellence and adoption of best practices.
9. Work with stake holders, technology partners, regulators and government agencies to deliver the committed digitized financial services
10. Drive a product development process that addresses customer, business and technology needs while delivering (time to market), and scalable, easy –to-use products.
11. Be an Industry thought leader who will articulate the vision in ways that will be highly valued by senior executives and the technology community.
12. 12. Act as a key influencer with internal and external stakeholders/ customers. o Playing the role of a business enabler.

Skills & Competencies:

1. Experience in large scale infrastructure and transaction platforms and web applications
2. A hands on leader with a passion for innovating on technologies, building effective teams and a focus on delivering competitively superior technology solutions to the business while growing people in the organization and creating high performance teams. and accounting principles Experience in core technologies, concepts, architecture, development and sustenance of all the foundational software technologies that support the infrastructure and applications.
3. Stakeholder management capability, experience of managing the Board; diverse customer community.

Minimum Eligibility Criteria:

Minimum Educational Qualification: Any Engineering Graduate/MCA or equivalent qualification.

Post Qualification work experience: The Candidate must have an overall experience of at least 15 years in Banking/Financial Services/Insurance in IT related areas/projects involving Payment Technologies, Internet Banking/ Mobile Commerce space predominantly (of which) 5 years preferably should be at senior management level/managing or implementing large IT projects in Banking/Financial Services/Insurance /Fintech.

• Department: Technology

          Position: AGM(Enterprise/IntegrationArchitect)

         Job Description:

1.Define the target architectures, and the roadmaps and timescales fo these architectures to ensure the most effective use of technology and digital services while delivering the required business outcomes.
2. Review and integrate all application requirements, including functional, security,integration, performance, quality and operations requirements. Provide input into final decisions regarding hardware, network products, system software and security.
3. Will work on Target Architecture for digital banking and insurance services using Micro services, API framework, Dev Ops, Cloud Native.
4. Validate & oversee the system integration plan created together with the Solution Architect, head Program Manager and Product teams.
5. Manage the execution of technical integration points between various parties including the group entities and third parties.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

Bachelor of Engineering/ Bachelor of Technology in Information Technology or Computer Science/MCA. Candidate with MBA/ Post Graduate Degree in Information Technology or Computer Science will be given preference. The Open Group Architecture Framework (TOGAF) /PRINCE2 Certification is mandatory.

Post Qualification Experience:

Minimum 12 years of experience in Officer cadre in IT as a Technology Architect. (of which) 3 years in banking/Insurance industry on Cloud Architecture/ API frame work/Open Banking/Micro Services/Payment Systems modernisation/ SaaS based software industry is mandatory.

• Department: Information Technology

          Position:Chief Manager (Digital Technology )

         Job Description:

1. Responsible for delivering high class and cost effective digital channel technology platform with high class digital customer experience for Key consumer, small business, and middle market banking clients across the Payment Bank.
2. Build meaningful and sustainable relationships with business teams to optimize Web and Mobile Channels.
3. Coordinate with banking regulators like NPCI, IDRBT,UIDAI for POC and production readiness of new age digital products
4. Responsible for Digital, Mobile, Social & New Media IT Strategy and Business Innovations.
5. Define the Digital technology strategy to support the business, informed by the business strategy, market trends, and the competitive landscape.
6. Lead the execution and delivery of new digital initiatives as well as providing operational support for solutions.
7. Coordination with internal stakeholders for preparation of Scope of work for new digital products/technology.

Minimum Eligibility Criteria:

Minimum Educational Qualification: Bachelor of Engineering/ Bachelor of Technology in Information Technology or Computer Science/MCA. Candidate with MBA/Post Graduate Degree in Information Technology or Computer Science will be given preference.

Post Qualification Experience: Minimum 9 years of experience in Officer cadre in IT in banking or electronic payment services industry is mandatory.

• Department: Information Technology

          Position: Senior Manager (System/Database Administration)

         Job Description:

1. Responsible for design of logical and physical database models.
2. Support the development efforts for one or multiple diverse types of large database systems.
3. Perform requirements analysis, data modelling and database architecture functions for relational database system(s).
4. Should have thorough understanding and experience in working Data warehouse /Data mart/Data lakes
5. ETL process for data extraction, data sync.
6. Create a practice around operational big data, apply data science to create real time deviation detection mechanisms and use that to optimize time to detect, time to recover and therefore availability through alerts and visualizations.
7. Define standards related to data management. Implementing and Ensuring data privacy guidelines set by regulator and as per Best practice.
8. Liaison with various in-house and/or third party teams and ensure achieving the committed service level objectives.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

Bachelor of Engineering/ Bachelor of Technology in Information Technology or Computer Science/MCA. Candidate with MBA/Post Graduate Degree in Information Technology or Computer Science will be given preference.

Post Qualification Experience:

Minimum 6 years of experience in Officer Cadre in IT is mandatory. (of which) Minimum of 3 years of experience in system database administration/ Data warehouse /Data mart/Data lakes in banking or financial services or insurance industry is mandatory.

• Department: Information Security

          Position:Senior Manager (Security Administration/Architect)

         Job Description:

1. Determine security requirements by evaluating business strategies and requirements.
2. Create new Information security requirements for applications that have insufficiently mitigated threats and guide application teams and other Technology teams in the implementation of new security requirements
3. Provide cyber security leadership and expertise to ensure the ongoing Confidentiality, Integrity, and Availability of systems and information.
4. Design, build and implement enterprise-class security systems for a production environment Align standards, frameworks and security with overall business and technology strategy
5. Conduct and review system security and vulnerability analysis reports for applications/apks and risk assessments; studying architecture/platform.
6. Engage and collaborate with application teams to derive an accurate description of their application architectures and apply the threat modeling methodology to identify and prioritize threats to those applications and to apply mitigating controls
7. Plan and evaluate the organization internal network and security technologies and develop requirements for local area networks (LANs), wide area networks (WANs), virtual private networks (VPNs), routers, firewalls, and related security and network devices;
8. Understand various industry wide encryption technologies and basis requirement, design the public key infrastructures (PKIs), Certification authorities (CAs) and digital signatures using both hardware and software
9. Identifying integration issues and Prepare cost estimates.
10. Implement security systems by specifying intrusion detection methodologies and equipment directing equipment and software installation and calibration preparing, preventive and reactive measures, creating, transmitting, and maintaining keys, providing technical support, completing documentation.
11. Develop and design test scripts to validate and security controls deployed and identify gaps before production deployment
12. Designing security rules for various systems, implementation of monitoring framework as per best practice to comply with regulatory guidelines.
13. Engage and guide the internal technology team in upgrading the security systems by monitoring the internal security environment, identifying security gaps, evaluating and implementing enhancements
14. Remain abreast of emerging technologies, industry developments and cloud security.
15. Should have working experience in firewalls, Email, Web Security and other appropriate security tools and applications to conceal and protect transfers of confidential digital information.
16. Should be aware and must have a working knowledge of mobile security, change management, Access control planning for disaster recovery and create contingency plans
17. Demonstrate ability in testing and evaluating security products and should possess awareness on new security systems or to upgrade existing ones.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

BSc. in Electronics, Physics, Computer Science, Information Technology or B.Tech /B.E- Electronics, Information Technology, Computer Science or MSc. Electronics, Physics, Applied Electronics Certifications: CISSP/CISA/ CISM/CEH is mandatory Certifications in Cyber Law, Cyber Security certification will be preferred.

Post Qualification Experience:

Minimum 6 years of experience in Officer cadre in IT in banking or Electronic Payment Services industry is mandatory.

• Department: Information Security

          Position: Manager (Security Administration)

         Job Description:

1. Manage system security against unauthorized access, modification and/or destruction.
2. Manage timely configuration and support of security tools such as anti-virus software, and patch management systems.
3. Create & Manage implementation of application security, technology infrastructure security, access control and corporate data safeguards policies.
4. Perform User access and Role access review for applications and operating systems
5. Identify gaps in employee’s security awareness and procedures and raise a training need if any.
6. Develop, update and periodically manage testing of business continuity and disaster recovery protocols.
7. Conduct security audits and make policy recommendations.
8. Triage malware incidents, their priority and the need for escalation.
9. Liaison with various in-house and/or third-party teams and ensure achieving the committed service level objectives.
10. Track and monitor the Security Incidents through the Security and Event monitoring (SIEM) Incident reports to ensure the all the critical incidents are addressed.
11. Monitoring of the activity performed using Privilege id through PIM activity by engaging with System Integrator
12. Review and ensure all the critical devices are communicating with the SIEM tools for capturing the logs by checking the reports. Identify and implement new use cases in SIEM based on various security threats
13. Review challenge and approve the access for Privilege id access for the users and other third party team’s/ admin teams.
14. Review and monitor the vulnerability reports for proactive closure of the identified vulnerabilities with in the stipulated time.
15. Work closely with the internal teams for completing the tasks pertaining to regulatory requirements.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

BSc. in Electronics, Physics, Computer Science, Information Technology or B.Tech /B.E- Electronics, Information Technology, Computer Science or MSc. Electronics, Physics, Applied Electronics Certifications: CISSP/CISA/ CISM/CEH IS mandatory Certifications in Cyber Law, Cyber Security certification will be preferred.

Post Qualification Experience:

Minimum 3 years of experience in IT in Officer Cadre (of which) 02 years of experience in Security Administration function in banking or financial services or insurance industry is mandatory.

• Department: Products

          Position: AGM – BSG (Business Solution Group)

         Job Description:

1. Responsible for end–to-end project management and work towards delivering simplified solutions and providing round the clock support to all users/functional units across the Bank
2. Providing technical leadership and specialist skills during implementation jointly with Product & Technology team
3. Job Role will include coordination with various departments/Users, Product team, Ops, IT, System Integrators, Vendors etc. to execute projects as per requirement.
4. Understanding business requirement and converting into detailed system requirements (FSD) for Development, Testing, Implementation.
5. Relationship management & engagement with appropriate industry organizations such as NPCI, IDRBT, RBI, UIDAI and other such bodies for product development, integrations and testing related activities
6. The role will also include customer facing activities and technical ownership of major client specific customization projects.
7. Act as Gatekeeper for all system builds, change requests and overall project management.
8. Continuously evaluate and update the existing processes with the view of delivering operational excellence.
9. Prepare user guides and train users on newly developed systems 10. Lead a team of team of highly dedicated professionals working as Analysts/SMEs who will work towards delivering simplified solutions. The position will report in to the Head of Products for the Bank.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

MBA in Sales/ Marketing.

Post Qualification Work Experience:

Minimum 12 years of experience in officer cadre in bank/financial institutions in direct Product Management/ Development / Product Technology / Business Solutions / Project Management & Implementation role related to Core Banking Systems and Payments systems covering Card Issuance, Acquiring and/or relevant products like UPI, AePS, BBPS, Remittances Should be conversant with industry grade use cases and must have handled Fintech alliances. Preference will be given to candidates having direct exposure/work experience in in Banks/Payments network such as NPCI, MasterCard, Visa, Fintechs managing the above mentioned products.

• Department: Products

          Position: AGM –Chief Manager -Retail Products

         Job Description :

1. Define and implement the Bank’s vision for customer engagement through the development of relevant and innovative product
2. Responsible for designing and developing the IPPB retail product offering covering various Products such as IMPS, UPI, AEPS, BBPS, Prepaid Cards, Remittances (Domestic & International), Bharat QR
3. Manage the product development lifecycle by working closely with other members in the product & sales teams and ongoing upgrades and improvisations.
4. Direct responsibility to manage the Product P&L for the Bank for portfolio of existing & future products assigned.
5. Relationship management and engagement with payment networks/industry bodies/regulators such as NPCI, MasterCard, Visa, RBI amongst others.
6. Support research, market evaluations, customer feedback assimilation, industry trends to continuously identify opportunities for evolving and refining the product.
7. Continuously evaluate and update the existing processes with the view of delivering operational excellence.
8. Comprehend the customer insights to make informed decisions about the existing product portfolio and as an input into the new product development. Execute analytical/modelling scenarios using appropriate tools and with reasonable assumptions (e.g., business cases, synergy estimations, workforce planning)
9. Develop product offerings and engagement model that transcend the full range of customers from urban to rural.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

Any Graduate with MBA or equivalent

Post Qualification Work Experience: Minimum 9 years of experience in Officer Cadre in a Bank/ Financial Institutions of which minimum 4 to 5 years in direct Product Management/Development role Process, Policies and SOPs related to Retail/Digital Banking products like Card Issuance, Acquiring and/or payment products like UPI, AePS, BBPS and Remittances. Should be conversant with industry grade use cases and must have handled Fintech alliances. Preference will be given to candidates having direct exposure/work experience in in Banks/Payments network such as NPCI, MasterCard, Visa managing the above mentioned products.

• Department: Products

          Position: AGM –Chief Manager -Retail Payments

         Job Description : 

1. Define and implement the Bank’s vision for customer engagement through the development of relevant and innovative payments and merchant acquiring products
2. Responsible for designing and developing the IPPB Merchant Acquiring product offering covering various Products such as Payment Gateway, POS/m-POS, Aadhaar Pay, Bharat QR & UPI with P&L responsibility
3. Manage the product development lifecycle by working closely with other members in the product and sales teams from creation of design concept to the final launch as well as postlaunch monitoring and analysis
4. Support research, market evaluations, customer feedback assimilation, industry trends to continuously identify opportunities for evolving and refining the product.
5. Comprehend the customer insights to make informed decisions about existing product portfolio and as an input into the new product development.
6. Develop product offerings and engagement model that transcend the full range of customers from urban to rural
7. Gain a deep understanding of user motivations, business objectives, market opportunities and competition
8. Responsibility to manage the P&L for existing and future products assigned within the Bank’s portfolio.
9. Skills & Competencies Requirements:

a) Experience of product architecture attributes, customer / merchant requirements and associated technologies;

b) Knowledge of digital ecosystems and digital customer experience best practices;

c) Project management skills, sound planning, execution and aligning resources to achieve desired results;

d) Strong stakeholder relationship management skills – able to influence and manage expectations. Ability to multitask and make decisions under pressure.

e) Strong networking skills with the ability to build and maintain a network of external market and internal business relationships.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

Any Graduate with MBA or equivalent

Post Qualification Work Experience:

Minimum 9 years of experience in Officer Cadre in a Bank/ Financial Institutions of which minimum 4 to 5 years in direct Product Management/Development role Process, Policies and SOPs related to Retail/Digital Banking products like Card Issuance, Acquiring and/or payment products like UPI, AePS, BBPS and Remittances. Should be cconversant with industry grade use cases and must have handled Fintech alliances. Preference will be given to candidates having direct exposure in Payment Gateway, POS Acquiring, UPI, Bharat QR product offering, direct experience of managing Merchant Acquiring & Cards Product. Preference will be given to candidates with work experience in Banks/Payments network such as NPCI, MasterCard, Visa managing the abovementioned products.

• Department: Operations

          Position: AGM –GM (Operations)

         Job Description : 

1. Build robust branch operations for IPPB in line with the overall operational, financial, technological and organizational aims of the organization.
2. Devise and implement branch operations governance framework, policies and processes to support business goals.
3. Ensure alignment of branch operations with overall organization banking operations.
4. Oversee the branch activities of all branches relating to internal services and operational issues.
5. Coordinate with Circles to ensure standardization and application of uniform policies, procedures and security controls. 6. Coordinate the budgetary activities of the branches.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

Graduate from University/ Institution/ Board recognized by the Government of India (or) approved by a Government Regulatory Body. Note: CAIIB Certification is preferred.

Post Qualification Work Experience:

Minimum 18 years of experience in banking/ financial Services industry is mandatory. (of Which) Minimum 3 years of experience in heading or one level below the head of operations of a bank, operating in a technology environment, is mandatory.

• Department: Compliance Function

          Position: AGM –Chief Compliance Officer

         Job Description : 

1. Establish and maintain the Bank’s Compliance Management Program and functioning as an independent and objective body that reviews and evaluates compliance issues/concerns within the organization.
2. Handle the overall responsibility for all regulatory matters (primarily RBI related regulatory compliance) across all segments and all products of the Bank
3. Identify, document and assess the compliance risks associated with the Bank’s business activities & practices on a pro-active basis.
4. Advise on all new products, processes and operational manuals in accordance with regulatory and legal requirements
5. Effectively manage the compliance program, including policies, procedures, systems monitoring, technology-based controls and training, as well as compliance monitoring and testing
6. Manage, lead and co-ordinate investigations into cases of money laundering, terrorist financing and complaints received with regards to bank operations.
7. Serve as the overall co-ordinator and subject matter expert of the RBI Risk Based Supervision (RBS) process.
8. Primary point of contact for external regulators and bodies including the RBI, FIU, Law Enforcement bodies etc.
9. Handle all regulatory on-site and off-site inspections
10. Responsible for Know Your Customer (KYC) and Anti-Money Laundering (AML) policies of the Bank.
11. Shoulder the responsibility of Principal Officer and be responsible for reporting CTR, STR, CCR, NTR and CBWTR to FIU-IND.
12. Responsible for overall management of the compliance & regulatory risks (KYC/CDD & AML).
13. Submit reports to the Executive Committee and Board of Directors on compliance matters, including actual or potential compliance program violations.
14. Conduct compliance trainings across KYC/AML, Branch Banking, general banking concepts applicable to Payment Banks.
15. Develop and nurture a highly motivated and result oriented team.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

Graduate in any discipline. Note:

1. CA/CS/MBA Finance/Post Graduate degree or equivalent is preferred.

2. Certified Banking Compliance Professional by IIBF is preferred.

Post Qualification work experience:

The CCO shall have an overall experience of at least 15 years in the banking or financial services (of which) minimum 5 years shall be in the Audit / Finance / Compliance / Legal / Risk Management functions in senior management level. Skills – The CCO shall have good understanding of industry and risk management, knowledge of regulations, legal framework and sensitivity to supervisors’ expectations.

• Department: Finance

          Position: AGM – Chief Manager (Finance)

         Job Description : 

1. Preparation of Balance Sheet, Financial Statements and reports (including Board level reports on key performance indicators) as per Indian GAAP
2. Ensure that Bank’s financial records are maintained in compliance with the regulatory guidelines and policies.
3. Monthly/ quarterly reconciliations of internal/ office accounts
4. Analysis & Review of Trial Balance and rectification wherever required in a timely manner
5. Responsible for coordinating and submission of data related to Audits – External and Internal.
6. Responsible for Preparation and submission of data required for Statutory Audit and attending audit queries.
7. Assisting department head in matters relating to CAG Audit and RBI AFI
8. Estimate advance taxes, finalizing income tax return and assisting in tax audit
9. Compliance with GST provisions including ensuring proper collection of GST, claiming of Input credit and submission of returns.
10. Preparation of Ind-AS proforma.

Minimum Eligibility Criteria:

Minimum Educational Qualification:

Any Commerce graduate with Chartered Accountant (Final) qualified.

Post Qualification Work Experience:

Minimum 9 years of experience in Finance/ Accounts/ Audit is mandatory. (of which) Minimum 5 years of experience in officer cadre in Finance/ Accounts department of a Bank is mandatory.

How to Apply for IPPB Recruitment 2022

Interested and eligible candidates can apply for Indian Post Payment Bank Recruitment 2022 which is out on 26th March 2022. Applicants can apply for this recruitment from 26th March to 9th April 2022. The application should be filled out only after reading Indian Post Payment Bank Recruitment 2022 notification PDF. Here we have provided below the direct link to apply for Indian Post Payment Bank Recruitment 2022.4

Click here to apply for Indian Post Payment Bank Recruitment 2022

How to Apply?

• Step 1: First go to the official website i.e. http://www.ippbonline.com and click on the link for IPPB recruitment.
• Step 2: Fill the basic details such as Candidate name, mobile no., active email id, etc. After filling the details the system will generate a registration number and password and these credentials will be sent on your given mobile no. and email id.
• Step 3: Then fill the application form fields accordingly and after filling the details upload the required documents.
• Step 4: Click on the “Save and Next” option to save the details filled in the application form. It is instructed that properly read and fill the application form because there will no other chance given to correct the information.
• Step 5: After filling the application form, candidate will have to pay the application fee according to your category. After filling the application form, aspirants are advised to download and print the application form and fee receipt for future use.

IPPB Recruitment 2022: Application Fees

The application fee for the Indian Post Payment Bank Recruitment 2022 is given below in this table.

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