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CANARA BANK RECRUITMENT 2010 INVESTMENT OFFICERS JOBS

CANARA BANK 2010 RECRUITMENT OF INVESTMENT OFFICERS 700 VACANCIES

APPLICATIONS ARE INVITED FROM INDIAN CITIZENS FOR APPOINTMENT TO THE POST OF INVESTMENT OFFICERS ON CONTRACT

Eligible candidates are requested to apply ON-LINE through Bank’s website www.canarabank.com. No other means / mode of Application will be accepted.

Important Dates

Event

Date

Opening Date for on-line registration in Website

22.06.2010

Closing Date for on-line registration in Website

10.07.2010

Tentative Date of Written Test

05.09.2010

The details of Number of Posts are as follows;

Post Name

Total Posts

Age [Years]
Min-Max

Investment Officers on Contract

700

21 – 30

Reservations for Investment Officers on Contract:

Post No. of Posts for
SC ST OBC UR Tot Of which PWD
VC HI OC Tot

Investment Officers on Contract

106 53 191 350 700 12 11 7 30

ELIGIBILITY CRITERIA & OTHER DETAILS: All the eligibility criteria [qualification, age etc] shall be computed as on 01.06.2010.

Investment Officers [on Contract]

a. Qualification:

A Graduate in any discipline, preferably with MBA, and having flair for marketing the Insurance, Mutual Fund and other products of the Bank. All the qualifications mentioned should be from a recognized University / Institution.

Knowledge (Read / Write / Speak) of the local language of the State / Union Territory for which he / she is applying, is essential.

Candidates must necessarily be qualified by passing the IRDA Licence Examination after their provisional selection, at their own cost. Provisionally selected candidates shall be allowed to join the bank only if they acquire the IRDA Licence within the period stipulated by the Bank.

Candidate should possess the following;
–   Passion for Marketing
–   Work independently and also with team
–   Computer literacy
–   Good communication skills

Preference will be given to those candidates who have prior experience in marketing / insurance business.

Since the job involves extensive travelling, candidates should have good physical fitness and ready to accept the challenges & meeting the targets.

COMPUTER LITERACY: Operating computer systems in MS-DOS, MS Windows, Basic concepts of Networking & Connectivity, MS Office [Word, Excel, PowerPoint, e-mail etc.] shall be an essential qualification, which a candidate must either possess or acquire within 6 months from the date of joining the Bank.

HINDI KNOWLEDGE: The candidates shall acquire working knowledge of Hindi, if not possessed already, within 6 months from the date of joining the Bank.

b. Job Profile:

Marketing the Insurance, Mutual Fund and other products of the Bank. Responsible for end-to-end sales. Any other work assigned by the Bank from time to time.

c. Period of Contract:

Three [3] years with an option to extend for two years at the discretion of the Bank.

d. Compensation:

Fixed Pay:

Rs.15000/- per month subject to achievement of minimum threshold premium of Rs.1 lakh per month i.e., Rs.12 lakhs per annum.

Basic

:

Rs.10,000/-

HRA

:

Rs.2,500/- [25% Basic]

Conveyance

:

Rs.1,500/- [15% Basic]

Medical Aid

:

Rs.1,000/- [10% Basic]

Variable Pay:

Over and above the threshold limit, he/she will be entitled for variable pay and the variable pay is equivalent to 15% of the commission received by the Bank, which shall be paid quarterly.

The contract appointees, who fail to achieve performance with a minimum threshold premium of Rs.3.00 lakhs per quarter, consecutively for two quarters, beginning from the second quarter of their appointment shall cease to continue as contract appointees of the bank from the last day of the month from the end of the second quarter under review. However, if any candidate fails to achieve minimum threshold limit of Rs.3 lakhs in any quarter, Bank reserves right to cancel the contract appointment.

APPLICATION FEE & POSTAL CHARGES (NON REFUNDABLE)

Category Amount
SC/ST/PWD Rs.50/-*
All Others Rs.300/-

* Postage only

TO SEE FULL NOTIFICATION CLICK HERE!!!

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3 Comments to “CANARA BANK RECRUITMENT 2010 INVESTMENT OFFICERS JOBS”

  1. i want to know the result of Recruitment for the post of Investment Officers on Contract in CANARA BANK
    result of 5/9/09

  2. : Recruitment for the post of Investment Officers on Contract in CANARA BANK
    result of 5/9/09

  3. vinod kumar says:

    I have given exam of 700 invest officer on 06-09-2010 .Iwant to know my result

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