The National Bank for Financing Infrastructure and Development (NaBFID) has invited applications on prescribed format from indian citizens for the appointment of Vice President Grade officers on contract basis.
NaBFID Recruitment for Govt. Jobs Dec. 2023 : Current Vacancies
Advt. No. : NaBFID/REC/SNA/2023-24/02
Current Vacancies :
Details of current vacancies are as follows;1
| Post Stream | Vacancy |
| Vice President – Lending and Project Finance | 7 |
| Vice President – Credit Risk & Policy | 1 |
| Vice President – Strategic Development & Partnership | 1 |
| Vice President – Treasury Front Office | 1 |
| Vice President – Resource Raising | 2 |
| Vice President – Accounts | 1 |
| Chief Economist | 1 |
| Vice President – Internal Audit | 1 |
| Total | 15 |
NaBFID Recruitment for Govt. Jobs Dec. 2023 : Eligibility Criteria
The cut-off date for all the eligibility criteria i.e. Age, Educational Qualification will be as on date of advertisement (i..e. 20th Dec. 2023). For detailed Eligibility Criteria detailed advertisement posted on bank’s website should be referred.
Age :
The detailed advertisement to be referred.
Educational Qualifications & Experience:
All the educational qualifications mentioned above should be full time from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies and the final result should have been declared on or before 01.10.2023.
| Post Stream | Qualification | Experience |
| Vice President – Lending and Project Finance | Graduate / Postgraduate in any discipline from a recognized University / Institution Preferred: CA, CFA, ICWA, PRM, MBA Finance or equivalent | Minimum 12 years of experience in the financial/corporate sector; of which atleast 6 years should be in Financial Sector. The candidate should have minimum 3 years experience in Corporate Credit Appraisals and Project Finance Lending Age: 55 years and below (As on date of advertisement) |
| Vice President – Credit Risk & Policy | Graduate / Postgraduate in any discipline from a recognized University / Institution. Preferred: CA,PRM MBA Finance or equivalent | Minimum 12 years of experience in financial/corporate sector including credit rating experience; of which at least 6 years experience in financial sector. The candidate should have minimum 3 years experience in credit risk management/credit policy. Age: 55 years and below (As on date of advertisement) |
| Vice President – Strategic Development & Partnerships | Graduate / Postgraduate in any discipline from a recognized University / Institution. Preferred: CA, MBA Finance or equivalent | Minimum 12 years of experience in financial sector / consultancy firm /Corporate Sector.The candidate should have minimum 3 years of experience in Corporate Strategy / Business Strategy / Business Process ReEngineering/ Partnerships/ Project Advisory Services. Age: 55 years and below (As on date of advertisement) |
| VP-Treasury Front Office | Graduate / Postgraduate in any discipline from a recognized University / Institution Preferred: CA, CFA, MBA Finance or equivalent | Minimum 12 years of experience financial/corporate sector, of which 6 years experience in financial sector. The candidate should have minimum 3 years experience in treasury front office functions. Age: 55 years and below (As on date of advertisement) |
| Vice PresidentResource Raising | Graduate / Postgraduate in any discipline from a recognized University / Institution. Preferred: CA, MBA Finance or equivalent | Minimum 12 years of experience in financial/corporate sector, of which at least 6 years experience in financial sector. The candidate should have minimum 3 years of experience in developing fund-raising strategy and institutional resources mobilization Age: 55 years and below (As on date of advertisement) |
| Vice President –Accounts | Graduate / Postgraduate in any discipline from a recognized University / Institution Preferred: CA, ICWA, MBA Finance or equivalent | Minimum 12 years of experience in financial/corporate sector, of which at least 6 years experience in financial sector. The candidate should have minimum 3 years experience in accounts and taxation. Age: 55 years and below (As on date of advertisement) |
| Chief Economist | Master’s degree in economics with specialization in monetary economics or Econometrics or mathematical economics or equivalent from a recognized University / Institution Preferred: PhD in Economics / Banking / Finance / Statistics / Mathematics | Minimum 4 years of experience in financial services Preferred: 2 years Audit/Compliance experience in areas like Banking / Accounting / Credit (in RBI regulated entity) |
| VP-Internal Audit | Graduate / Postgraduate in any discipline from a recognized University / Institution Preferred: CA, CFA, CWA, MBA Finance, Certified Internal Auditor (CIA), Certificate in Audit & Accounts from IIBF. | Minimum 12 years of experience in banking/corporate sector of which minimum 6 years in financial services. The candidate should have minimum 3 years of audit experience in areas like Banking / Accounting / IT / Credit (in RBI regulated entity); Age: 55 years and below (As on date of advertisement) |
NaBFID Recruitment for Govt. Jobs Dec. 2023 : Selection Procedure
The bank has notified that the Selection will be based on Shortlisting – cum Interview.
Intimation/ call letter for interview will be sent by email or will be uploaded on Bank’s website. No hard copy of interview letter will be shared.
The applications received from the candidates will be screened and shortlisted on the basis of eligibility and relevant experience.
The final selection will be made on the basis of eligibility, experience, qualification and performance during Personal Interview.
Shortlisted candidates may undergo psychometric tests and/or assessment centre and/or any other selection method as deemed suitable by NaBFID, in addition to personal interview.
The personal interview will be conducted by a committee constituted for this purpose.
Selection will be solely at the discretion of NaBFID’s Selection Committee, and their decision will be final.
NaBFID Recruitment for Govt. Jobs Dec. 2023 : Important Dates
The Closing Date for Application : 9/1/2024 by 6 PM
NaBFID Recruitment for Govt. Jobs Dec. 2023 : How to Apply
Applicants have to send their resume in prescribed format to recruitment@nabfid.org2
The subject line should STRICTLY be “APPLICATION FOR THE POST OF ”
All applications will be held in strict confidence and should be received on or before 09-January 2024 by 06:00 pm IST. Candidates should have valid email ID which should be kept active till the declaration of result. It will help him/her in getting call letter/Interview advice etc. by email.
National Bank for Financing Infrastructure and Development (NaBFID)
The National Bank for Financing Infrastructure and Development (NaBFID), set up under the NaBFID Act, 2021, and is amongst the principal entities for Infrastructure Financing in the country. The entity is regulated and supervised as an All-India Financial Institution (AIFI) by the Reserve Bank of India (RBI). NaBFID is poised to play an extremely crucial role in supporting infrastructure funding in the nation.
The need for establishing a dedicated financial institution to address the long-term infrastructure financing requirements in India was realized considering the nation’s GDP growth objectives and the role of infrastructure development towards the same.
In response to this need, the National Bank for Financing Infrastructure and Development Act, 2021 was introduced by the Hon’ble Finance Minister on March 22, 2021, marking a significant shift in the approach to infrastructure financing in India, as it denotes the return of Development Financial Institutions (DFIs) in the country after a few decades. The Act subsequently received the assent of the President on March 28, 2021 and has come into force effective April 19, 2021. Reserve Bank of India (RBI) vide its letter dated March 8, 2022 has advised that NaBFID shall be regulated and supervised by RBI as an All India Financial Institution (AIFI) under sections 45L and 45N of the RBI Act, 1934, respectively.
Its corporate office address is as folllows;