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International Financial Services Centres Authority Recruitment for Deputy General Manager, Assistant General Manager, More Vacancies Jobs in Gandhinagar – Sarkari Result

Qualification in Details:

1. Recruitment of Assistant General Manager (Officer Grade C) on Deputation basis The Government of India has recently set up the International Financial Services Centres Authority (IFSCA), which is a statutory body under IFSCA Act, 2019. The Authority will function as a unified regulator and is empowered to exercise the powers of RBI, SEBI, IRDAI and PFRDA in respect of financial services, financial products and financial institutions performed/located in the international financial services centres in the country. The Authority invites applications from eligible Indian citizens for the post of Assistant General Manager (Officer Grade C) on Deputation basis

2. Pay and Allowances as applicable in SEBI:
1. Scale of Pay: Scale of Pay: As admissible to Assistant General Manager (AGM), IFSCA. The present applicable scale of pay for Assistant General Manager is Rs. 49000-1750(3)-54250-1900(2)- 58050-2000(4)-66050-EB-2000(2)-70050-2150(1)-72200(13 years). The monthly gross emoluments at the beginning of the scale work out to Rs 1.74 lakh plus service benefits as applicable.
2. Benefits: Other benefit includes Leave Travel Concession, Medical Benefits and insurance, House Rent Allowance, Conveyance expenses, Telephone/mobile/broadband/internet expenses, Financial Dailies, Staff Furnishing Scheme, Children Education allowance, Equipment maintenance allowance, Official entertainment allowance and Scheme for purchase of computer, etc.

3. ON DEPUTATION BASIS:
The candidates appointed on Deputation basis would have the option to draw pay and allowances as admissible to him/her in the parent organization or the scale of pay as admissible in IFSCA Age limit as on October 31, 2020: Not more than 35 years of age. a. Experience as on October 31, 2020: Candidate must possess not less than 6 years of experience as Group A Officer in All-India Service/ Central Civil Services/Regulatory bodies, Central/State Statutory /Autonomous/Subordinate Authorities, or an Officer in RBI, SEBI, IRDAI, PFRDA Banks, Financial Institutions, academic Institutions and the experience shall be in dealing with the activities relating to securities market, Insurance, Banking, Pension, financial products and financial services, special knowledge / experience of law, IT, finance, Economics, Accountancy and Administration.
b. Term of appointment: The appointment for the post will be on deputation basis for a period of three years. The candidates applying for the post of Assistant General Manager on deputation basis should route their applications through their employer. Candidates applying on Deputation basis should also furnish Vigilance Clearance (major / minor penalties, if any, imposed during last 10 years), Cadre Clearance and Annual Confidential Reports for last 5 years along with the application. Incomplete applications will not be considered. In case non-receipt of the abovementioned documents on or before the date of interview, the application shall be summarily rejected.

Recruitment of Manager (Officer Grade B) on Deputation basis The Government of India has recently set up the International Financial Services Centres Authority (IFSCA), which is a statutory body under IFSCA Act, 2019. The Authority will function as a unified regulator and is empowered to exercise the powers of RBI, SEBI, IRDAI and PFRDA in respect of financial services, financial products and financial institutions performed/located in the international financial services centres in the country. IFSCA invites applications from Indian citizens for the post of Manager (Officer Grade B) on Deputation basis.

Scale of Pay: As admissible to Manager (Officer Grade B), IFSCA. The present applicable scale of pay for Manager (Officer Grade B) is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)- 62400(16 years). The monthly gross emoluments at the minimum of the pay scale work out to be Rs 1.34 lakh approximately plus service benefits as applicable. Benefits: Other benefit includes Leave Travel Concession, Medical Benefits and insurance, House Rent Allowance, Conveyance expenses, Telephone/mobile/broadband/internet expenses, Financial Dailies, Staff Furnishing Scheme, Children Education allowance, Equipment maintenance allowance and Scheme for purchase of computer, etc.

ON DEPUTATION BASIS: The candidates appointed on Deputation basis would have the option to draw pay and allowances as admissible to him/her in the parent organization or the scale of pay as admissible in IFSCA Age limit as on October 31, 2020: Not more than 35 years of age.
1. Experience as on October 31, 2020: Candidate must possess not less than 3 years of experience for Manager (Officer Grade B) as Group A Officer in All-India Service/ Central Civil Services/Regulatory bodies, Central/State Statutory /Autonomous/Subordinate Authorities, or an Officer in RBI, SEBI, IRDAI, PFRDA Banks, Financial Institutions, academic Institutions and the experience shall be in dealing with the activities relating to securities market, Insurance, Banking, Pension, financial products and financial services, special knowledge / experience of law, finance, Economics, Accountancy, IT and Administration.
2. Term of appointment: The appointment for the post will be on deputation basis for a period of three years. The candidates applying for the post of Manager (Officer Grade B) on deputation basis should route their applications through their employer. Candidates applying on Deputation basis should also furnish Vigilance Clearance (major / minor penalties, if any, imposed during last 10 years), Cadre Clearance and Annual Confidential Reports for last 5 years along with the application. Incomplete applications will not be considered. In case non-receipt of the abovementioned documents on or before the date of interview, the application shall be summarily rejected

Recruitment of Deputy General Manager (Officer Grade D) on Direct Recruitment/Deputation/Contract basis The Government of India has recently set up the International Financial Services Centres Authority (IFSCA), which is a statutory body under IFSCA Act, 2019. The Authority will function as a unified regulator and is empowered to exercise the powers of RBI, SEBI, IRDAI and PFRDA in respect of financial services, financial products and financial institutions performed/located in the international financial services centres in the country. The Authority invites applications from Indian citizens for the post of Deputy General Manager (Officer Grade D) on Direct Recruitment/Deputation/Contract basis.

Scale of Pay: As admissible to Deputy General Manager (GM), IFSCA. The present applicable scale of pay for Deputy General Manager is Rs. 68500-2150(2)-72800-2250(6)-86300 (9 years). Benefits: Other benefit includes Leave Travel Concession, Medical Benefits and insurance, House Rent Allowance, Conveyance expenses, Telephone/mobile/broadband/internet expenses, Financial Dailies, Staff Furnishing Scheme, Children Education allowance, Equipment maintenance allowance, Official entertainment allowance and Scheme for purchase of computer, etc. Age limit as on October 31, 2020: Not more than 45 years of age

ON DIRECT RECRUITMENT / CONTRACT BASIS: Must possess minimum 8 years of experience in the fields of financial products, financial services and financial institutions with the following qualifications. (i) Master’s Degree with specialization in Statistics / Economics / Commerce / Business Administration (Finance) / Econometrics. (ii) Bachelor’s Degree information technology/ computer science)/ Masters in Computers Application/ information technology. (iii) Bachelor’s Degree in Commerce with CA, CFA, CS, ICWA. (iv) Bachelor’s Degree in Law Term of Appointment on Contract basis: Candidates selected for appointment on contract basis will be appointed for a maximum period of five years subject to periodic performance review, on suitable terms and conditions

Direct Recruitment basis: As per Rule 6 (4) (a) and (b) of IFSCA employees’ service regulations read with Recruitment Rules which provides for Direct Recruitment at a higher grade in special circumstances, where no suitable candidate is available or the exigencies of work require



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