IDFC First Bank Recruitment 2024 IDFC First Bank, a prominent financial institution, has announced job openings for the positions of Associate Manager (Acquisition) and Area Debt Manager. This presents an excellent opportunity for individuals seeking employment in the banking sector, whether they prefer working from home or in an office environment. Interested and eligible candidates are encouraged to apply for these positions before the deadline of April 20, 2024.
The recruitment process for IDFC First Bank includes various stages, and candidates should acquaint themselves with the details to ensure a smooth application process. Below is comprehensive information regarding the vacancies, salary structure, application procedure, selection criteria, educational prerequisites, age criteria, and other pertinent details:
Candidates have the flexibility to choose between working from home or from an office, catering to diverse preferences and needs.All interested candidates must submit their applications on or before April 20, 2024.Competitive salary packages will be offered to successful candidates, commensurate with industry standards and the individual’s qualifications and experience.
Candidates can apply for the positions through the official website of IDFC First Bank. The application process is simple and user-friendly, allowing applicants to submit their details efficiently.
The selection process typically involves multiple stages, including but not limited to, screening of applications, written assessments, interviews, and possibly, group discussions. Candidates are advised to prepare thoroughly for each stage to maximize their chances of success.
Candidates should possess the necessary educational qualifications relevant to the respective positions. These qualifications may vary depending on the role and level of responsibility but generally include a bachelor’s degree or equivalent from a recognized institution.
Applicants must ensure they meet the age criteria specified for the respective positions. Details regarding the age limit can be found in the official recruitment notification.
For further details regarding the job roles, responsibilities, benefits, and any other pertinent information, candidates are advised to refer to the official recruitment notification provided by IDFC First Bank.
In conclusion, the job openings at IDFC First Bank present an exciting opportunity for individuals seeking employment in the banking sector. With the option to work from home or in an office environment, competitive salaries, and a reputable employer, these positions are likely to attract a significant number of applicants. Interested candidates are encouraged to review the provided information carefully and submit their applications before the deadline to be considered for these prestigious roles.
IDFC First Bank Recruitment 2024 [Quick Summary]
| Organization Name: | IDFC First Bank |
| Job Category: | Central Govt Jobs |
| Employment Type: | Contract Basis |
| Total No of Vacancies: | Associate Manager (Acquisition) Area Debt Manager. |
| Place of Posting: | All Over India |
| Starting Date: | 21.03.2024 |
| Last Date: | 20.04.2024 |
| Apply Mode: | Offline |
| Official Website | Not Announced |
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Responsibilities of Associate Manager (Acquisition)
The role of Associate Manager (Acquisition) at IDFC First Bank encompasses a range of crucial responsibilities aimed at expanding the bank’s customer base and ensuring the acquisition of high-quality savings accounts. Here’s a detailed breakdown of the responsibilities:
- Acquisition of NTB Savings Account Customers:
- Targeted acquisition of New-To-Bank (NTB) savings account customers within the identified segment.
- Generating references from the specified catchment area to enhance customer outreach.
- Ensuring Quality of Savings Accounts:
- Ensuring acquisition of high-quality savings accounts by considering factors such as product mix, segments, and construction mix.
- Analyzing transaction banking needs of customers to meet and exceed defined targets for new customer acquisitions on a monthly basis.
- Customer Onboarding and Activation:
- Proactively registering and activating acquired customers on the bank’s digital channels.
- Facilitating seamless onboarding processes to enhance customer experience.
- Supporting Sales Management:
- Assisting the sales manager in catchment mapping and scoping exercises to identify potential areas for customer acquisition.
- Providing regular feedback to Sales Managers (SM) and Relationship Managers (RM) on opportunities and customer needs.
- Adherence to Guidelines and Compliance:
- Ensuring adherence to selling norms and Standard Operating Procedures (SOPs) defined by the organization.
- Strict compliance with internal guidelines and external regulations to maintain operational integrity.
Responsibilities of Area Debt Manager
The Area Debt Manager plays a pivotal role in managing the collections process and ensuring effective debt recovery within the assigned area. Here are the key responsibilities associated with this role:
- Collections Management:
- Managing and undertaking the collections process for debts that have been assigned within the designated area.
- Regularly tracking the portfolio for specific buckets to prioritize collection efforts effectively.
- Delinquency Control:
- Tracking and controlling the delinquency of the assigned area to minimize losses and maintain portfolio quality.
- Allocating and achieving targets from agencies or in-house collection teams to meet collection objectives.
- Customer Follow-Up and Recovery:
- Regularly following up with defaulting customers to facilitate debt repayment and resolution.
- Tracing absconded default customers and initiating appropriate recovery processes to minimize losses.
- Compliance and Legal Actions:
- Ensuring adherence to the collection process and internal policies to maintain regulatory compliance.
- Recommending legal actions for non-recoverable cases and liaising with the legal team for case closure.
Salary and Grade Pay
The remuneration for Associate Managers (Acquisition) ranges from Rs 23,300 to Rs 37,500 per month, while Area Debt Managers can expect a salary of approximately Rs 55,600 per month. Detailed salary information is available in the official notification.
Age Limit and Educational Qualifications
Candidates must be at least 18 years old to apply for these positions, with no upper age limit specified. The educational qualifications required are as follows:
- Associate Manager (Acquisition): A graduate degree in any discipline.
- Area Debt Manager: A graduate or postgraduate degree in any discipline with a minimum of five years of experience in collections.
Knowledge and Skills Required
Candidates should possess knowledge and skills in various areas including retail banking, revenue generation, customer acquisition targets, cross-selling, customer handling, and effective communication.
Selection Method and Work Experience
Selection for IDFC First Bank recruitment is based on shortlisting and virtual or field interviews. No prior work experience is required for the Associate Manager position, making it suitable for freshers and candidates with no experience.
How to Apply
Interested candidates can apply online through the official website or provided links. Online registration is mandatory, and applications sent via offline mode will be rejected. The deadline for application submission is April 20, 2024.
Application Fee
There is no application fee for any candidate. Genuine recruiters do not ask for money for job interviews or offers. Candidates should beware of potential job scams involving requests for payment.
Important Note
Applications received after the deadline or incomplete applications will not be entertained. It is essential to submit complete applications before the deadline to ensure consideration. Late or incomplete applications are liable to be rejected without further correspondence.
This detailed overview provides aspiring candidates with comprehensive information about the job roles, responsibilities, application process, and selection criteria for the Associate Manager (Acquisition) and Area Debt Manager positions at IDFC First Bank. Candidates are encouraged to review the provided information carefully and submit their applications before the specified deadline.
Official Notification & Application IDFC First Bank Recruitment 2024
| IDFC First Bank Recruitment 2024 Official Website Link | CLICK HERE |
| IDFC First Bank Recruitment 2024 Official Notification Link | CLICK HERE |
| IDFC First Bank Recruitment 2024 Official Apply Link | CLICK HERE |
| IDFC First Bank Recruitment 2024 முழு விளக்கம் Video Link | CLICKHERE |
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