Indbank Recruitment 2024: Dealer & Back Office Jobs
Location: Chennai
Job Summary
The Indbank recruitment 2024 notification invites applications for rewarding roles in Chennai. Indbank Merchant Banking Services Limited, a respected subsidiary of Indian Bank, is seeking skilled professionals for the positions of Dealer (Stock Broking) and Back Office Staff. This is an excellent opportunity for graduates with at least one year of experience in the financial services sector to advance their careers. Successful candidates will join a dynamic team in Chennai, contributing to critical stockbroking and depository operations. This recruitment drive focuses on finding individuals who are detail-oriented, qualified with necessary certifications, and ready to thrive in a fast-paced environment. If you meet the eligibility criteria and are looking for stable banking careers, this could be your next big move. Don’t miss the chance to apply for these valuable positions before the deadline.
Key Responsibilities
- Dealer (Stock Broking): Execute trades on behalf of clients, monitor stock market trends, provide clients with market insights, and ensure all transactions comply with regulatory guidelines.
- Back Office Staff: Manage the settlement and clearing of trades, handle Depository Participant (DP) operations, reconcile accounts, and maintain accurate records for audit and compliance purposes.
Required Qualifications
- Educational Requirement: A graduate degree in any discipline from a recognized university.
- Age Limit: Candidates must be between 21 and 35 years of age as of May 1, 2024.
- Experience: A minimum of one year of hands-on experience in dealing is mandatory for the Dealer post. For the Back Office Staff post, at least one year of experience as DP Staff is required.
- Certification: A valid NISM (National Institute of Securities Markets) or NCFM (NSE’s Certification in Financial Markets) qualification is mandatory for the Dealer position.
Preferred Qualifications
- For the Back Office Staff position, holding an NISM or NCFM qualification is highly preferred.
- Strong analytical skills and proficiency with financial software.
- Excellent communication and interpersonal abilities.
Salary and Benefits
Indbank offers a competitive Cost to Company (CTC) package based on the role and experience.
Dealer (Stock Broking): ₹3.00 Lakhs – ₹4.80 Lakhs per annum.
Back Office Staff: ₹2.40 Lakhs – ₹3.00 Lakhs per annum.
Additional benefits will be provided as per the company’s policies.
How to Apply
Candidates must apply through the offline mode. Follow these steps carefully:
- Download the official application form from the notification PDF.
- Fill out the application form with accurate and complete details.
- Attach self-attested copies of all required documents (proof of age, educational qualifications, experience letters, etc.).
- Send the completed application package via courier or post to the address below.
Application Address:
Head Administration
No 480, 1st Floor, Khivraj Complex 1,
Anna Salai, Nandanam,
Chennai – 600035
You can access the full details and application format in the Official Notification.
The last date to submit the physical application form is May 24, 2024. Applications received after this date will not be considered.
FAQs
Q1: What is the selection process for this Indbank recruitment?
A1: The selection process consists of a personal interview. Shortlisted candidates will be contacted individually with the date and venue details for the interview.
Q2: Is this a direct job in Indian Bank?
A2: No, this recruitment is for Indbank Merchant Banking Services Limited, which is a subsidiary of Indian Bank. The roles are specific to the operations of this subsidiary.
About Indbank Merchant Banking Services Limited
Indbank Merchant Banking Services Limited, a subsidiary of the nationally recognized Indian Bank, is a key player in the financial services industry. It specializes in merchant banking, stock broking, and depository participant services. Joining Indbank means becoming part of a legacy of trust and professionalism while working in the vibrant financial hub of Chennai. The organization values expertise and dedication, offering a structured path for career growth. Prepare for your interview with our expert interview preparation tips to put your best foot forward.
Last Updated: 2024-05-24

