IFSCA Opens Recruitment for Assistant Manager Positions
The International Financial Services Centres Authority (IFSCA), a pivotal regulatory body created by an Act of Parliament to oversee the financial services markets in India’s International Financial Services Centres, is currently seeking applications for the role of Officer Grade A (Assistant Manager). This recruitment drive aims to fill a total of 15 vacancies.
Detailed Breakdown of Vacancies and Application Process
Of the 15 available positions, 2 are designated for the legal sector while the remaining 13 are aimed at general management roles. Prospective candidates are encouraged to apply by the newly extended deadline of May 8th, 2024. Applications must be submitted through the official IFSCA website.
Recruitment Notification and How to Apply
The official notification, which includes comprehensive details such as eligibility criteria, examination patterns, and selection procedures, is accessible through a direct link provided here. Candidates are advised to thoroughly review the notification to confirm their eligibility before applying.
Recruitment Phases
The selection process for the Assistant Manager positions is thorough, comprising three key phases:
- Phase I: Preliminary screening
- Phase II: Main examination
- Phase III: Final interview
This structured approach ensures that only the most suitable candidates are chosen for these critical roles.
About IFSCA
The IFSCA is instrumental in developing and regulating the intricate financial services market within India’s specialized financial sectors. This recruitment drive is not just an opportunity for job seekers but a chance to contribute to the robust financial infrastructure that supports India’s growing economy.
Candidates interested in these prestigious positions are urged to apply at the earliest to avoid last-minute hassles. For further information and updates, please visit the IFSCA’s official website
| IFSCA Grade A Recruitment 2024- Overview | |
| Organization | International Financial Services Centres Authority (IFSCA) |
| Post Name | Officer Grade A (Assistant Manager) |
| Vacancies | 15 |
| Category | Govt. Jobs |
| Mode of Application | Online |
| Registration Dates | 28th March to 08th May 2024 (Extended) |
| Selection Process | Phase I, Phase II, and Phase III |
| Official Website | |
Key Dates for IFSCA Grade A Recruitment 2024
The International Financial Services Centres Authority (IFSCA) has announced the schedule for its 2024 recruitment of Officer Grade A (Assistant Manager). Interested candidates should note the following important dates for the online registration and examination process:
IFSCA Grade A Recruitment Timeline
- Last Date for Online Registration: Extended to April 21, 2024. Candidates are encouraged to apply before this deadline through the official IFSCA website.
- Phase I Examination Date: Scheduled for May/June 2024. Specific dates will be announced closer to the time of the exam.
These dates are critical for all prospective applicants aiming for a career with IFSCA. Ensure to mark these on your calendar and prepare accordingly for the upcoming phases of the recruitment process. For more details and updates, keep an eye on the IFSCA’s official website.
| Events | Dates |
| Notification Release Date | 27th March 2024 |
| Apply Online Starts | 28th March 2024 |
| Last Date to Apply Online | 08th May 2024 (Extended) |
| IFSCA Grade A Phase I (On-Line Examination) | May/ June 2024 |
| IFSCA Grade A Phase II (On-Line Examination) | June/ July 2024 |
| IFSCA Grade A Phase III Interview | To be notified |
IFSCA Grade A Recruitment 2024: Vacancy Details
The International Financial Services Centres Authority (IFSCA) has opened applications for ambitious candidates to join as Officer Grade A (Assistant Manager) across two distinct streams. This year, the authority has announced a total of 15 vacancies.
Breakdown of Vacancies
- Legal Stream: 2 vacancies
- General Stream: 13 vacancies
Application Criteria
Applicants must choose one stream—either Legal or General—based on their educational qualifications and age eligibility. It is important to note that a candidate can apply for only one stream, ensuring they meet the specific requirements for that category.
This structured approach in the recruitment process allows IFSCA to target and select candidates who are best suited for these specialized roles within the authority.
Prospective applicants are advised to carefully review the qualifications for the stream they are interested in before submitting their application. This is a great opportunity for qualified professionals to contribute to the regulation and development of the financial services market in India’s International Financial Services Centres.
| Category | Vacancy |
| UR | 06 |
| OBC | 04 |
| SC | 02 |
| ST | 01 |
| EWS | 02 |
| Total | 15 |
How to Apply Online for IFSCA Grade A Recruitment 2024
The International Financial Services Centres Authority (IFSCA) has officially opened the online application process for the 2024 recruitment of Officer Grade A (Assistant Manager). Interested candidates are invited to submit their applications through the official IFSCA website.
Application Process and Deadline
- Application Deadline: The final date to submit applications has been extended to May 8, 2024. It is crucial to apply before this deadline as applications submitted after this date will not be accepted under any circumstances.
- Application Link: To start your application, click on the Apply Online link provided on the IFSCA’s official website.
Tips for Applicants
- Early Submission: Avoid waiting until the last minute to submit your application. Early submission can help prevent any last-minute issues such as server downtime or connectivity problems.
- Check Eligibility: Before applying, ensure that you meet all the eligibility criteria for the stream (Legal or General) you wish to apply for.
- Prepare Documents: Have all necessary documents ready for upload, including educational certificates, identification documents, and other requisite forms as per the application instructions.
Submitting your application early and ensuring it is complete and accurate is vital for a successful application process. For more details and to apply, visit the IFSCA’s official website.
Guide to Applying Online for IFSCA Grade A Recruitment 2024
If you’re aiming to secure a position as an Officer Grade A (Assistant Manager) with the International Financial Services Centres Authority (IFSCA), follow these detailed steps to submit your application successfully. Ensure you meet the eligibility criteria before beginning your application process.
Step-by-Step Application Instructions
Step 1: Access the official IFSCA website. Start by visiting IFSCA’s official website.
Step 2: Initiate registration. On the homepage, locate and click on the “New Registration” link.
Step 3: Create your profile. Enter all necessary information to generate your registration ID and password. These credentials will be used for future access to your application.
Step 4: Fill in application details. After registration, click on the “Apply Online” link to enter your educational qualifications and other relevant information.
Step 5: Upload documents. Attach the required documents, including your scanned photograph and signature, following the specified format and size guidelines.
Step 6: Make payment. Proceed to payment by selecting the “online payment” option and complete the application fee transaction via Credit Card, Debit Card, Net Banking, UPI, or other approved online payment methods.
Step 7: Finalize your application. After payment, download and print out your completed application form for future reference.
Application Fee Details
- Unreserved/OBC/EWS Candidates: Rs. 1500/-
- SC/ST/PwBD Candidates: Rs. 150/-
The application fee is non-refundable and must be paid using the specified online payment methods including Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards, or Mobile Wallets.
Completing each step accurately is crucial for a valid application. Ensure all information is correct and submitted before the deadline to avoid any last-minute complications. Good luck with your application!
| Category | Application Fee |
| Unreserved/OBC/EWSs | Rs. 1500/- |
| SC/ ST/PwBD | Rs. 150/- |
IFSCA Grade A Recruitment 2024 Eligibility Criteria
Before applying for IFSCA Grade A Recruitment 2024 candidates should ensure their eligibility for Officer Grade A (Assistant Manager) posts. Candidates who fail to fulfill the required eligibility parameters in terms of educational qualification and age limit their application forms will be rejected.
IFSCA Grade A Educational Qualification
All asprining candidates interested in Officer Grade A (Assistant Manager) posts can apply online for one stream, either General or Legal, based on their educational qualifications. The education qualification for the General or Legal stream is as follows:
| Stream | Educational Qualification |
| General Stream |
|
| Legal Stream | Candidates must possess a Bachelor’s Degree in Law from a recognized University/Institute. |
IFSCA Grade A Age Limit (01/02/2024)
To be eligible to apply online for IFSCA Grade A Recruitment 2024 candidates must not have exceeded the age of 30 years as on 01st February 2024.
| Category | Age Relaxation |
| Scheduled Caste (SC) | 05 years |
| Scheduled Tribe (ST) | 05 years |
| Other Backward Classes (OBC) | 03 years |
IFSCA Grade A Recruitment 2024 Selection Process
The candidates have to undergo the three stages of the selection process to be recruited for Officer Grade A (Assistant Manager) posts. The selection process for IFSCA Grade A Recruitment 2024 is based on Phase I, Phase II, and Phase III (Interview).
- Phase I (online screening examination)
- Phase II (online examination)
- Phase III (Interview)
IFSCA Grade A Exam Pattern 2024
The candidates preparing for the IFSCA Grade A exam should go through the IFSCA Grade A Exam Pattern 2024 to know details including exam pattern, total no. of questions, marking scheme, topics to be asked in the exam, and other details. Here we have discussed the IFSCA Grade A Exam Pattern for Phase 1 and Phase 2.
IFSCA Grade A Exam Pattern 2024 for Phase I
- The IFSCA Grade A exam consists of two papers of Multiple Choice Questions.
- There shall be negative marking (1/4th of marks assigned to the question) for the Paper 1 and
Paper 2. - The time duration for each paper is 60 minutes.
- There is minimum qualifying mark for Paper 1 is 30% and the minimum qualifying mark is 40% for Paper 2.
| Paper | Streams/ Subjects | Total Question | Total Marks |
| Paper 1 (Common for both Streams) | General Awareness (financial sector) | 25 question | 25 marks |
| English language | 25 question | 25 marks | |
| Quantitative Aptitude | 25 question | 25 marks | |
| Test of Reasoning | 25 question | 25 marks | |
| Paper 2 (for General Stream) | General knowledge, Current events of national and international importance, Economic and social development (sustainable development, poverty, inclusion, and demographics), Commerce, Accountancy, Management, Finance and costing, Indian Economy, Global Economy, Five-year plans, Central Government’s initiatives/ Schemes in the financial sector | 50 questions | 150 marks |
| Paper 2 (for Legal Stream) | Multiple choice questions on Specialized subject related to stream |
50 questions | 50 marks |
| Total | 150 questions | 200 marks | |
IFSCA Grade A Exam Pattern 2024 for Phase II
- Phase II exam consists of two papers. Paper 1 and Paper 2.
- Paper 1 consists of the topics from English (Descriptive Test) and Paper 2 consists of Multiple-choice questions.
- The time duration for each paper is 60 minutes.
- There shall be a negative marking. 1/4th marks will be deducted for each wrong answer for Paper 2 in Phase II.
- The minimum qualifying mark in Paper 1 is 30% for Paper 1 and in Paper 2 the minimum qualifying mark is 40%.
| Paper | Streams/ Subjects | Total Question | Total Marks |
| Paper 1 (Common for both Streams) | English (Descriptive Test) Precis Writing | 35 question | 35 marks |
| Essay writing | 30 question | 30 marks | |
| Comprehension | 35 question | 35 marks | |
| Paper 2 (for General Stream) | IFSCA Act, Union Budget, Economic Survey, Banking, Capital Market, Insurance, Pension Funds, Bullion, GIFT City, GIFT IFSC, IFSCA, Global Financial Centres etc | 50 questions | 150 marks |
| Paper 2 (for Legal Stream) | Multiple choice questions on Specialized subject related to stream |
50 questions | 50 marks |
| Total | 150 questions | 200 marks | |
IFSCA Grade A Salary 2024
The candidates appointed for the post of Officer Grade A shall undergo a probation period of two years. The pay scale of Grade A officers posts is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)- 85850-3300(1)-89150. Along with the monthly salary candidates will be offered various benefits like medical expenses, eye refraction, education allowance, house cleaning allowance, and all other benefits as admissible to an Officer in Grade A in IFSCA.
IFSCA Grade A Exam Centre 2024
While submitting the IFSCA Grade A application forms candidates have to provide their preference for up to three centers for Phase I and one center for Phase II. Candidates will appear for the examination at an Examination Centre at their own risks and expense. The IFSCA Grade A Phase I and Phase II online examination will be held at the following centers:
| FSCA Grade A Exam Centre for Phase I and Phase II exam | |
| Ahmedabad | Bhubaneswar |
| Gandhinagar Hyderabad Rangareddy | Kochi/ Ernakulam |
| Nasik | Prayagraj |
| Agartala | Chandigarh |
| Indore | Mohali Kolkata/ Greater Kolkata |
| New Delhi-NCR | Pune |
| Chhatrapati Sambhaji Nagar | Chennai |
| Jaipur | Lucknow |
| Panaji | Raipur |
| Bengaluru | Coimbatore |
| Kanpur | Madurai |
| Patna | Ranchi |
| Dehradun | Siliguri |
| Meerut | Guwahati |
| Surat | Mumbai/MMR/Navi Mumbai/Thane |
| Haldwani | Vijayawada |
| Muzzafarpur | Hubli |
| Dharwad Nagpur | Vishakhapatnam |