Job opportunity: Legal and Asst. Legal Manager at REPCO Bank
Repco Bank, a Government of India Enterprise invites applications for the following posts. The salary structure of employees of the bank is at par with IBA norms.
1.Name of the Post / Grade / Nature of Engagement / Vacancy / Age / Selection process:
| S. No. | Post | Grade | Nature of Engagement | Vacancy | Age As on 31.05.2021 | Selection process |
| 1 | Manager (Chartered Accountant) | Scale – II | Regular | 1 | Maximum 40 years | Shortlisting and interview |
| 2. | Manager (Legal) | Scale – II | Regular | 2 | Maximum 40 years | Shortlisting and Interview |
| 3 | Assistant Manager (legal) | Scale – I | Regular | 2 | Maximum 30 years | Written exam and interview |
| 4. | Assistant Manager IT (Hardware) | Scale – I | Regular | 2 | Maximum 30 years | Written exam and interview |
| 5. | Assistant Manager IT (Software) | Scale – I | Regular | 3 | Maximum 30 years | Written exam and interview |
Note: i) Bank reserves the right to cancel the recruitment process entirely at any stage. ii) Only Indian Nationals are Eligible to apply
iii) Maximum age indicated is for unreserved and EWS category. Relaxation in upper age limit will be available to reserved category candidates as follows:
| Category | Age relaxation |
| SC/ST/Repatriate | 5 years |
| OBC | 3 years |
| Ex-servicemen | 5 years |
| Candidates who are already working in a commercial bank/cooperative bank/financial institutions | Age relaxation equal to their duration of service maximum upto five years. |
Reservation norms are applicable as per Govt. Policy.
2. Details of Educational Qualification and Experience:
| S. No. | Post | Educational Qualifications (as on 31.05.2021) | Experience (as on 31.05.2021) |
| 1 | Manager (Chartered Accountant) | Graduation from a recognized University and must be a „Associate of the Institute of Chartered Accountants‟ | Candidate should have minimum of 2 years work experience in reputed organization after completion of Chartered Accountancy. Previous experience in Accounts, Statutory audit, Internal audit, Process audit& Tax audit, TDS, GST, etc…Preferably in financial sector. |
| 2 | Manager (Legal) | A Graduate in Law from a recognized university and a member of Bar council of concerned state. Preference will be given to candidates who have done PG in Law. | Candidates should Possess Minimum five years of Institutional or bar experience. Preference will be given to candidates who have experience in Legal department as officer in any Commercial Bank/Co-operative Bank/Financial Institution. Job profile: Legal appraisal of Immovable properties, matters pertaining to Debt recovery laws/ Labour and service regulation/CERSAI/Information technology laws/Company laws / Right to information act/arbitration and conciliation act etc. and any other work entrusted by the bank from time to time. |
| 3 | Assistant Manager (Legal) | A Graduate in Law from a recognized university and a member of Bar council of concerned state. Preference will be given to candidates who have done PG in Law. | Candidate should Possess Three years experience of practice at BAR (or) Two years experience of practice at BAR and one year experience of working in legal department of any Commercial Bank/Co-operative Bank or financial institutions. Job profile: Legal appraisal of Immovable properties, matters pertaining to Debt recovery laws/ Labour and service regulation/CERSAI/Information technology laws/Company laws / Right to information act/arbitration and conciliation act etc. and any other work entrusted by the bank from time to time. |
| 4. | Assistant Manager IT (Hardware) | B.E / B.TECH with minimum of 60% marks from a recognized | Minimum of 2 Years Work Experience in below areas preferably in banking and financial sectors. |
| university. Certification in Server and Network administration will be an added advantage. | Preference will be given to those who have experience in any of the following areas: – Windows / Linux Administration – Network Administration – Cloud Computing – IT Security / IS Audit – E-Mail Management – Virtualization technology. | ||
| 5 | Assistant Manager IT (Software) | B.E / B.TECH / M.C.A with minimum of 60% marks from a recognized university. | Minimum of 2 years as Software Developer / Database Administrator Preference will be given to those who have experience in any of the following areas: – Experience on ASP.NET 4.0, ASP.NET MVC, – Web service integration (SOAP, REST, JSON, XML), – Knowledge and experience on report developments using reporting tools. – RDBMS (MS SQL Server 2012+/ ORACLE). |
Note : Degree obtained from Open University without following the regular stream (10, +2) is Not recognized for recruitment.
3. Remuneration:
| S.No. | Post | Grade | Pay scale |
| 1. | Manager (Chartered Accountant) | Scale –II | 48170 – 1740/1 – 49910 – 1990/10 – 69810 |
| 2. | Manager (Legal) | Scale – II | 48170 – 1740/1 – 49910 – 1990/10 – 69810 |
| 3. | Assistant Manager ( Legal ) | Scale – I | Rs.36000 – 1490/7- 46430 – 1740/2 – 49910 – 1990/7 – 63840 |
| 4. | Assistant Manager IT ( Hardware) | Scale – I | Rs.36000 – 1490/7- 46430 – 1740/2 – 49910 – 1990/7 – 63840 |
| 5. | Assistant Manager IT (Software) | Scale – I | Rs.36000 – 1490/7- 46430 – 1740/2 – 49910 – 1990/7 – 63840 |
Note: The candidates will also be eligible for DA, HRA, CCA, PF and perquisites as admissible to the corresponding grade etc. as per rules in force from time to time
CTC at Chennai for Scale-II – Rs.12.19 lakh p.a.
CTC at Chennai for Scale-I – Rs. 9.91 lakh p.a.
4. Selection Procedure:
The selection will be based on shortlisting /written exam and interview as applicable to the above mentioned posts.
i) Mere fulfilling minimum qualification and experience will not vest any right in candidate for being called for interview. Committee constituted by the bank will decide the parameters for selection and thereafter adequate number of candidates as decided by the bank will be shortlisted for interview. The decision of the bank to call the candidates for the interview shall be final. Selection will be made on the basis of performance in the process. No correspondence will be entertained in this regard.
ii) The selected candidates will be posted at Head office or any branch of the bank .
iii) The confirmation of the new recruits will be subject to satisfactory completion of the probation period ;
Scale – I – 24 months
Scale – II – 12 months
Management reserve the right to curtail/extend the probationary period based on performance
iv) The date for the selection process will be communicated to the candidates through call letters. The Bank however reserves the right to cancel or make any changes in the date, if need arises.
v) The selection process will be scheduled at CHENNAI. Address of the venue will be advised in the call letter.
5. How to Apply:
i) The application fee of Rs.708/- (INCLUDES GST @ 18%) (NON REFUNDABLE) must be paid by all applicants. It has to be paid by means of a Bank Pay Order or Demand Draft issued by a Scheduled Commercial Bank payable at “CHENNAI” and should be drawn in favour of “REPCO BANK RECRUITMENT CELL”
ii) Candidates must write his/her name and address on the reverse side of the Bank Draft/Bank Pay order. Candidates may please note that payment of application fee and/or postage charges by Cash / Cheques / Money Order/ Postal stamps etc. will not be accepted.
iii) Candidates who satisfy the eligibility norms should submit their application in Bio-data form in English, Typed on thick A4 size sheet, with one recent passport size photograph affixed on the application on the top right hand corner and indicating prominently in Bold letters the post for which he/she
is applying at the Top. The format of the Application form is available in Bank‟s website.
iv) The duly filled in Applications should reach the Bank on or before 12.07.2021.
v) Applications should be sent in closed envelope super scribed “FOR THE POST OF ________________________________ “ to the following address:
The General Manager (Admin),
Repco Bank Ltd, P.B.No.1449,
Repco Tower,
No:33, North Usman Road,
T.Nagar, Chennai – 600 017.
vi) Repco Bank reserves the right to reject any application, before, during or after interview, if found not satisfied the recruitment /eligibility criteria for the post which he/she has applied.
6. General Instructions:
a) Before applying for the post, the applicant should ensure that he/she fulfills the eligibility and other norms mentioned above for the post as on the specified date and that the particulars furnished by him/her are correct in all respects.
b) Candidates should have knowledge (to read, write and speak) of any one of the Southern India regional language viz: Tamil, Telugu, Malayalam and Kannada.
c) The Bank takes no responsibility for any delay in receipt or loss in postal transit of any application or communication.
d) The applications must be properly and completely filled. Incomplete applications will be summarily rejected.
e) Candidates applying for the above posts are advised to note that if selected, they are required to execute a “Bond” with Surety for serving the Bank at least for a period of 2 years and in the event of his/her resignation from the post before this period the officer will be required to indemnify and refund the amount to the Bank.
| Scale | Amount of Bond | Period |
| Scale I | Rs.50,000 + 10,000 (Training Cost) + 3 months notice period | 2 years |
| Scale – II | Rs.100000/- + 25000 (Training cost ) + 3month notice period | 2 years |
f) Candidates working in Govt/Semi-Govt/Govt. undertaking / Public undertaking will be required to produce No Objection Certificate from their employer if called for Interview, in the absence of which, his/her candidature may not be considered.
g) Candidate need not submit proof of date of birth, educational qualification, work experience, caste certificate, age relaxation, Repatriate certificate and other related documents at the time of applying for the post. All the above documents should be submitted at the time of Interview only if they are called for or if advised to submit at any later time.
h) Candidates will have to appear for the interview at their own expenses.
i) In case it is detected at any stage of recruitment that a candidate does not fulfil the eligibility norms and /or that he /she has furnished any incorrect/ false information or has suppressed any material facts, his/her candidature will stand cancelled. If any of these shortcomings is /are detected even after appointment, his/her services are liable to be terminated.
j) Decisions of Bank in all matters regarding eligibility, conduct of interview, other tests and selection would be final and binding on all candidates. No Representation or Correspondence will be entertained by the bank in this regard.
