Indian Bank Consultant Recruitment 2025: Apply by May 31

Indian Bank, a prominent public sector bank headquartered in Chennai, has released its 2025 recruitment notification for the post of Consultant in the Compliance Department. This position will be filled on a contractual basis and offers a unique opportunity for experienced professionals with a background in finance, compliance, or risk management. Read on for complete eligibility details, application process, selection criteria, and key dates.

Overview and Key Highlights of Indian Bank Consultant Recruitment 2025

This section provides a summary of the Indian Bank Consultant Recruitment 2025, covering essential details like age limit, eligibility, experience requirements, remuneration, and how to apply.

The recruitment seeks to appoint a highly experienced individual who can aid the Chief Compliance Officer (CCO) in strengthening compliance governance across the organization.

Eligibility Criteria and Experience Requirements

Applicants for the Indian Bank Consultant position must meet the following criteria:

Educational Qualification:

• Mandatory: A Bachelor’s degree in any discipline from a recognized university/institution.
• Desirable: Postgraduate degree or professional certification in Finance, Legal, Risk Management, or related fields.

Work Experience:

• A minimum of 15 years of overall experience in banking or financial services.
• At least 5 years in compliance, audit, finance, legal, or risk management roles.
• Must have held a position not below General Manager level in a public/private sector bank.

Other Requirements:

• Strong understanding of regulations and risk frameworks.
• No pending vigilance cases or adverse observations from regulatory authorities like the RBI.

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Consultant Role: Key Responsibilities and Job Profile

The consultant will provide high-level advisory support to the Compliance Department, focusing on regulatory alignment, risk minimization, and internal policy development. Core responsibilities include:

1. Advising on all matters related to compliance.
2. Implementing regulatory changes and circulars promptly.
3. Conducting root-cause analysis of compliance failures.
4. Tracking timely submissions of regulatory returns.
5. Guiding in the framing and review of compliance-related policies and SOPs.
6. Conducting compliance testing, audits, and gap analysis.
7. Ensuring compliance integration in new digital product development.
8. Supporting regulatory inspections and compliance culture building.
9. Assisting in development of training programs on compliance matters.

The position is strategic and advisory in nature, and the selected candidate will play a pivotal role in maintaining regulatory standards across Indian Bank.

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Application Process and Important Dates

Candidates must apply in the prescribed format before 31 May 2025. The application process involves offline submission followed by an optional advance email.

How to Apply:

1. Download and fill the application form (Annexure A) from bellow.
2. Attach photocopies of the following documents:
   • Proof of Date of Birth
   • Mark sheets and certificates of all qualifications
   • Work experience certificates
   • Photo ID and Address proof
3. Pay the application fee via NEFT/RTGS to:
   • Account Name: Engagement of Consultant for Compliance Department on Contractual Basis
   • Account No: 6942794077
   • Bank: Indian Bank, Royapettah
   • IFSC: IDIB000R021
4. Send the completed application in a sealed envelope labeled
   
   “Application for the post of Consultant for Compliance Department on Contractual Basis – 2025” to:
   
   Chief General Manager (CDO & CLO)
   Indian Bank, Corporate Office, HRM Department, Recruitment Section
   254-260, Avvai Shanmugam Salai, Royapettah, Chennai – 600014
   
   
5. Email a scanned copy of the signed application to: cohrmrecruitment@indianbank.co.in

Late or incomplete applications will not be considered.

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Selection Procedure and Contract Terms

Selection Stages:

• Stage 1: Application screening by a Selection Committee.
• Stage 2: Interview for shortlisted candidates.
• If necessary, the bank may also conduct a written test, group discussion, or a preliminary interview round.

Tenure and Remuneration:

• The initial tenure is 2 years, extendable based on performance.
• Remuneration is negotiable and will depend on the candidate’s profile.
• Leave: 15 days per year on a pro-rata basis (no carry forward or encashment).
• Termination: 3 months’ notice or compensation in lieu by either party.

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General Conditions and Disclaimers

• The appointment is contractual and does not confer employment benefits like PF, Gratuity, or Pension.
• Engagement will be terminated automatically upon contract expiry unless extended.
• Canvassing in any form will result in disqualification.
• The Bank reserves the right to change the selection process or eligibility norms at its discretion.
• All disputes related to the recruitment process are subject to the jurisdiction of Chennai courts only.

Conclusion

Indian Bank’s 2025 recruitment drive for a Consultant in the Compliance Department offers a rare chance for banking professionals with deep expertise in risk, regulation, and compliance to make a meaningful impact in a high-responsibility advisory role. Interested candidates are encouraged to apply well before the deadline of 31 May 2025 to avoid postal delays or technical issues.

Important Links

• Indian Bank Official Website
• Download Notification PDF
• Apply Form Annexure A

FAQs: Indian Bank Consultant Recruitment 2025