IPPB is hiring for Chief Operating Officer, Chief Compliance Officer & Internal Ombudsman. Apply online by 18.04.2025. Competitive salary & 3-year contract.
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| IPPB Recruitment 2025- Apply for Chief Operating Officer, Chief Compliance Officer & Internal Ombudsman Positions |
IPPB Recruitment 2025:India Post Payments Bank Limited (IPPB), a Government of India undertaking, has announced exciting career opportunities for senior professionals in the banking sector. The organization is inviting applications for three key leadership positions - Chief Operating Officer (COO), Chief Compliance Officer (CCO), and Internal Ombudsman on a contractual basis.
These roles offer a unique chance to contribute to India's largest banking network with over 1.55 lakh access points across the country. The online application window is open from March 29, 2025, to April 18, 2025, and candidates meeting the eligibility criteria can apply through IPPB's official website.
IPPB Recruitment 2025: Key Highlights
| Position | Vacancies | Age Limit | Experience Required | Contract Duration |
|---|---|---|---|---|
| Chief Compliance Officer | 1 | 38-55 years | 18 years in banking/financial services | 3 years (extendable by 2 years) |
| Chief Operating Officer | 1 | 38-55 years | 18 years in banking/financial institutions | 3 years (extendable by 2 years) |
| Internal Ombudsman | 1 | Max 65 years | 7 years in relevant areas | 3 years (non-extendable) |
Detailed Eligibility Criteria
Educational Qualifications
- For all positions: Graduate degree in any discipline from a recognized university
- Preferred qualifications: CA/CS/MBA Finance/Post Graduate degree for CCO position
- Minimum 60% marks required (or equivalent grade) in qualifying degree
Experience Requirements
Chief Compliance Officer (CCO)
The candidate must have:
- Minimum 18 years experience in banking/financial services
- At least 5 years in Audit/Finance/Compliance/Legal/Risk Management at senior management level
- Certified Banking Compliance Professional by IIBF is preferred
Chief Operating Officer (COO)
The candidate must have:
- Minimum 18 years experience in Banks/Financial Institutions
- At least 10 years experience in handling operations of a Bank/Financial Institution
- Should have worked in a position not below three levels of MD & CEO for minimum 2 years in last 5 years
Internal Ombudsman
The candidate must be:
- Retired or serving officer not below the rank of Deputy General Manager (or equivalent) of any Scheduled Commercial Bank/Financial Sector Regulatory Body
- Minimum 7 years experience in banking, regulation, supervision, payment systems or consumer protection
Selection Process
The selection will be primarily based on interview performance. However, IPPB reserves the right to conduct additional assessments such as:
- Group Discussions
- Online Tests
- Preliminary screening based on qualifications and experience
Application Fee Details
| Category | Application Fee |
|---|---|
| SC/ST/PWD candidates | ₹150 (Intimation charges only) |
| All other candidates | ₹750 |
Important Dates
- Online application starts: March 29, 2025 (10:00 AM)
- Last date for application: April 18, 2025 (11:59 PM)
- Age/Experience cut-off date: March 1, 2025
How to Apply for IPPB Recruitment 2025
Follow these steps to submit your application:
- Visit the official IPPB website: www.ippbonline.com
- Click on "Current Openings" and find the relevant advertisement
- Register with basic details to generate Provisional Registration Number and Password
- Fill the online application form carefully
- Upload scanned copies of:
- Photograph (4.5cm × 3.5cm)
- Signature
- Left thumb impression
- Hand-written declaration
- Updated resume (PDF format)
- Pay the application fee through online payment gateway
- Submit the application and take a printout for future reference
Frequently Asked Questions (FAQs)
1. What is the last date to apply for IPPB recruitment 2025?
The last date for online application submission is April 18, 2025 (11:59 PM). No applications will be accepted after this deadline.
2. Can I apply for more than one position in IPPB recruitment?
Yes, candidates can apply for multiple positions by submitting separate applications for each post along with the required application fee for each.
3. What is the contract period for these positions?
For COO and CCO positions, the initial contract is for 3 years which may be extended for 2 more years. For Internal Ombudsman, the contract is strictly for 3 years without extension.
4. Is there any age relaxation for reserved categories?
Yes, age relaxation is provided as per Government of India norms: 5 years for SC/ST, 3 years for OBC (Non-Creamy Layer), and 10-15 years for PWD candidates depending on category.
5. Where will the selected candidates be posted?
The selected officers will be posted at Corporate Office, New Delhi initially. However, IPPB reserves the right to post them anywhere in India as per organizational requirements.
Important Notes
- Only online applications will be accepted - no other mode of application is valid
- Ensure all uploaded documents meet the specified size and format requirements
- Application fee once paid will not be refunded under any circumstances
- Candidates working in government/PSUs must produce NOC at the time of interview
- Regularly check IPPB's official website for updates/corrigendum
This is an excellent opportunity for experienced banking professionals to join a growing organization that's revolutionizing financial inclusion in India. The positions offer competitive remuneration at par with industry standards and the chance to work with India's most extensive banking network. Interested and eligible candidates are advised to apply well before the deadline to avoid last-minute technical issues.
For any queries regarding the application process, candidates may contact IPPB at careers@ippbonline.in.
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