IIBF Faculty Member Jobs 2026: Apply by Sep 21

IIBF Faculty Member Recruitment 2026 Announced

The Indian Institute of Banking & Finance (IIBF) has released a recruitment notice for the post of Faculty Member. This is a full-time contract position based at the Institute's Corporate Office in Mumbai.

Job Highlights

IIBF is looking for experienced banking and finance professionals to join as Faculty Members. The role involves handling training sessions, creating content, organizing seminars, and assisting in various academic and administrative activities of the Institute.

Important Dates

Vacancy Details

Post Name: Faculty Member (on contract basis)

Number of Vacancies: 2 (Two)

Eligibility Criteria

Candidates must meet the specified educational qualifications, experience, and age limits to be considered for the Faculty Member position.

Essential: Graduate degree, or CA, CMA, CFA, and CAIIB.

Desirable: A 2-year course in MBA/PGDBA/PGDBM (Banking & Finance) or an equivalent qualification. Ph.D. in a Banking or Finance-related topic is also desirable.

Essential: Candidates must have held a Senior Management Grade (Scale V & above) position in a Public Sector Bank/Financial Institution or an equivalent position in a Private Sector Bank.

Desirable: Published articles or books. Proficiency in working in a virtual environment. Preference will be given to candidates with at least 2 years of experience as a Faculty Member.

The age of the applicant should not be less than 55 years and should not exceed 62 years as on 01.09.2026.

Remuneration

The monthly remuneration is structured as follows:

• A consolidated monthly remuneration of Rs. 1,25,000/-. This amount will have an annual increment of Rs. 8,000/-, subject to applicable tax deductions.
• Additionally, candidates may receive up to Rs. 50,000/- per month for leased accommodation in Mumbai (requires submission of necessary documents).
• Conveyance charges up to a maximum of Rs. 30,000/- per month will also be paid.
• If a candidate does not opt for leased accommodation reimbursement or owns a house in the Mumbai Metropolitan area, they will receive 15% of the monthly remuneration (i.e., 15% of Rs. 1,25,000/-) towards stay arrangements.

The total eligible remuneration will be paid as a consolidated amount each month.

Contract Period and Posting

The initial contract period will be for 3 years. This can be extended for one-year periods, up to a maximum of 2 additional years or until the candidate reaches 65 years of age, whichever comes first. This extension depends on the Institute's needs and satisfactory performance. The contract can be ended with one month's notice from either side.

The place of posting will be the IIBF Leadership Development Centre, Corporate Office, Mumbai.

Selection Process

Shortlisted candidates will be invited for a personal interview. This interview will be conducted by a selection committee at the Institute's Corporate Office in Mumbai. Outstation candidates will be reimbursed for their economy class airfare (to and fro). Local conveyance costs will not be reimbursed.

The Institute reserves the right to shortlist candidates for the interview, and its decision will be final. The Institute also reserves the right to cancel the recruitment process at any time without providing a reason.

How to Apply

Interested and eligible candidates must submit their applications online. The application should be submitted through the link provided on the IIBF website on or before 21.09.2026. No other method of application will be accepted.

Important Links

Official Website → Click Here

Notification PDF → Click Here

FAQs

The last date to apply online is 21.09.2026.

Candidates should be between 55 and 62 years of age as of 01.09.2026.

Essential qualifications include a Graduate degree, or CA, CMA, CFA, and CAIIB.

The monthly remuneration is Rs. 1,25,000/- plus potential allowances for accommodation and conveyance, subject to terms and conditions.

The posting will be at the IIBF Leadership Development Centre, Corporate Office, Mumbai.