NABARD Recruiting Assistant Managers on Contract Basis

National Bank for Agriculture and Rural Development (NABARD) invites Only Online applications from Indian citizens having necessary qualification and experience for appointment in the bank.
NABARD requires Officers  (On Contract for 2 years) to be posted as Assistant Managers in Grade ‘A’ in the States of Jammu and Kashmir, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim.

Job Location:

A) Assistant Managers (on contract)- upto 10 posts (Jammu & Kashmir)- Any district headquarter in Jammu & Kashmir.
B) Assistant Managers (on contract)- upto 20 posts (Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim)- Any Districts

Important Dates:

Online application begins from: 9th January 2013
Closing Date for Applying online: 30th January 2013

Details of Vacancies:

Eligibility Criteria:

• Age: Should not have completed 30 years of age as on 31st December 2012
• Candidates who have passed 10th std/SSC or its equivalent from state of Jammu & Kashmir, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim are eligible to apply for this post in respective states.
• Preference will be given to those who are familiar to the local language, socio economic conditions and cultural practices of the region.
• Working knowledge of operations in co-operative banks or RRBs will be an added advantage.

Qualification & Experience:

Qualification: The candidate should be a post graduate in disciplines like Economics/ Agricultural Economics/ Finance/ Management/ Banking/ Agricultural Engineering/ Plantation/ Horticulture/ Animal Husbandry/ Commerce/ Agriculture/ Water Resources with minimum 55% aggregate marks (50% for SC/ST) in Post Graduation. The course should be of minimum two years full time duration.

Experience: Minimum 2 years of relevant work experience as an officer in Government and semi-Government bodies, Research institutions or Banks.

Please Note:

• Course completed through correspondence/part time are not eligible to apply.
• Suitable age relaxation to SC/ST/OBC Candidates as per Government of India instructions.

Compensation & Perquisites: 
Fixed Consolidated compensation per annum (all inclusive), on cost to Bank basis, during the contract period will be:
For 1st Year- Rs 6 Lakh
For 2nd Year- Rs 6.60 Lakh

Job Responsibilities :
Some of the major lob responsibility of the Assistant Manager are:

1) Credit planning, monitoring and coordination — Preparation of quality Potential Linked Credit Plan for the district as per the new process stipulated by RBI and NABARD. HO guidelines and its dovetailing into District Credit Plan. Collect all relevant data relating to different sectors from the concerned line departments of the State Government. The AM has to devise suitable sector specific formats for collecting the data.

2) Promotional and developmental functions — Regularly follow up with tire Lead District Manager for status at submission of Lead Bank Reports, attend various coordination meetings like District Credit Committee(DCC) /District Level Review Committee(DLRC)/ Standing Committee,Block Level Bankers’ Committee (BLBC) regularly and ensure submission of reports.

3. Monitoring of schemes/programmes like Rural Infrastructure Development Fund(RIDF), Watershed Development Fund(WDF), Non-Farm Sector (NFS) Programmes, etc.-

• Explain the various promotional schemes available from NABARD to NGO’s/Self help Promoting Institutions (SHPI) and help agency prepare proposals suitable to them.
• Help the Bank In setting key performance areas for the district In which he/she is posted.
• Track the business sourced by Business Correspondents’Business Facilitators through the Channel Management Software and create reports and submit the same to management at regular intervals
• Help the Bank in sourcing business, running promotional programmes etc., in the areas in which he/she is appointed on contract,
• Monthly Regional Office visit is mandatory.

Selection Process:

Selection of candidates would be by way of interview through video conferencing. For interview, the candidates would be shortlisted in tire ratio of 1: 5 of tire number of vacancies on the basis of their qualification, experience and age.  Only those who satisfy the required age, qualification and experience need apply.

The final appointment will be based on the decision of a Selection Committee constituted for the purpose subject to medical fitness. Bank reserves the right not to fill up the post. The selected candidates should sign a contract with the Bank in the prescribed format at the time of joining.

IMPORTANT: After successful completion of 2 years candidates found suitable will be considered for absorption in the bank services in “GR-A” in Assistant Manager post in the rural development banking service through a selection process that would be conducted by the bank.

Click here to APPLY ONLINE.

View from here detailed advertisement about the recruitment drive.

LIKE our facebook page to receive regular updates about IBPS Recruitment.

Leave a comment if you have any doubts/queries/questions.