Recruitment Of Central Bank Of India Concurrent Auditors 2024, Apply Now nrvit

Recruitment Of Central Bank Of India:- Applications are being accepted by the Central Bank of India for the position of concurrent auditor for 2024. For former Bank employees, this is a fantastic chance to join the panel and help with the concurrent audit assignments at different branches.

This blog will give you all the information you require regarding eligibility, the application procedure, terms and conditions, and other topics if you’re interested in being a concurrent auditor.

Eligibility Criteria & Recruitment Of Central Bank Of India

Candidates must fulfill the following eligibility conditions in order to apply for the Central Bank of India’s Concurrent Auditor position.

Status of Retirement:- Up until October 31, 2024, applicants must be retired willingly or as a result of superannuation from Scale III, IV, V, or VI of the Central Bank of India.
Work Experience:- At least five years of experience is required of candidates, as Branch Manager OR Internal Auditor OR a mix of the internal auditor and branch manager.
Technical Background:- Work experience in a CBS (Core Banking System) environment is required.
Professional Credentials:- Certified Associate of the Indian Institute of Bankers (CAIIB-I) or JAIIB is required.
Academic Qualification: A minimum of a Graduate degree or above.
Age Requirement: Candidates must be younger than 63 when they are appointed.Service Record: It is required to have a satisfactory service record. For the three years prior to and following retirement, the candidate should not have been on the Agreed List of Officers or the List of Officers of Doubtful Integrity.
History of Punishment: In the five years before to or following retirement, the candidate shouldn’t have received any significant sanctions or penalties. No minor sanctions (such censure or worse) during the three years before to or following retirement.

Terms and Conditions for Empanelment Central Bank of India

Work is not guaranteed by empanelment: A candidate who satisfies the eligibility requirements is not guaranteed an assignment. The Bank will decide how to distribute the work.
Validity of Empanelment: After being appointed, an auditor’s position is good for five years, provided they perform well.
Maximum Age for Assignment: Former employees may participate in concurrent audits until they turn 65 or until the audit assignment is finished, whichever comes first.
Assignment Distribution: During the yearly concurrent audit allocation exercise, assignments will be distributed. For each assignment, interested former employees must submit a separate application.
Payment of Fees: Payment of fees will only be made upon the assignment of an audit to the former employee.

Depanelment: In the following situations, an ex-employee will be removed from their panel:
after turning sixty-five.
if the former employee works for the Bank as a middleman or in other financial capacity.
if the former employee declines to take on a task.
if the former employee leaves the audit assignment before it is finished.
is, for any reason, withdrawn from an audit assignment.
Compensation: After a branch or office is assigned, compensation will be paid in accordance with the current policy requirements.
Work Scope: The assignment letter will specify the work scope, which will differ based on the kind of branch or office.

Important Notes & How to Apply for Central Bank of India 2024

The selected individuals will have the opportunity to apply for concurrent audit assignments for other offices or branches.
Merit-based assignment distribution will be used.
For questions, call 022-61648644 and 022-61648642, the helpline numbers.

You must adhere to the Central Bank of India’s application process in order to apply for the position of Concurrent Auditor. Before applying, make sure you meet the eligibility requirements. Applications may be submitted online or in accordance with the guidelines provided in the official announcement.