NaBFID Recruitment: Key Highlights & Career Scope for Senior Professionals
The National Bank for Financing Infrastructure and Development (NaBFID), a prestigious institution under the Department of Financial Services, Government of India, has announced a significant recruitment drive for the contractual position of EVP & Head- Market Risk, ALM & Enterprise Risk. This is a crucial opportunity for highly experienced financial professionals seeking to contribute to India's infrastructure financing landscape.
Detailed Vacancy & Eligibility Breakdown
| Particulars | Details |
|---|---|
| Organisation | National Bank for Financing Infrastructure and Development (NaBFID) |
| Advertisement No. | NaBFID/REC/EVP/2026-27/02 |
| Post | EVP & Head- Market Risk, ALM & Enterprise Risk (Job Code: NABFID/EVP/16) |
| Vacancies | 1 (UR) |
| Pay | Based on qualifications, experience, suitability, last drawn salary and market benchmark |
| Qualification | Graduate /Postgraduate in any discipline or a Chartered Account, with minimum 20 years of experience in financial sector |
| Age Limit | 55 years and below (as on the date of advertisement) |
| Nature of Engagement | Contractual, 5 years |
| Job Location | Mumbai |
| Apply By | Email to [email protected] |
| Last Date | 24 November 2026, 06:00 pm IST (receipt) |
This role offers a challenging yet rewarding career path for individuals with a strong background in risk management within the financial sector. Successful candidates will be instrumental in shaping the risk framework of a key development finance institution. Those interested in similar senior-level opportunities in the banking sector can also review NABARD Assistant Manager Grade A Eligibility Criteria 2026 recruitment details to understand parallel career progression and qualification requirements.
What Posts Are Available? – Post & Discipline Breakdown
NaBFID is inviting applications for a single, highly specialized position:
- Post Name: EVP & Head- Market Risk, ALM & Enterprise Risk
- Total Vacancies: 1 (One)
- Category: This single vacancy is for the Unreserved (UR) category.
This critical role demands exceptional expertise in managing market risk, Asset-Liability Management (ALM), and overall enterprise risk for the institution.
Who Is Eligible? – Education, Age & Experience
Candidates must meet stringent eligibility criteria to be considered for this senior leadership position:
Educational Qualifications:
- Mandatory: A Graduate or Postgraduate degree in any discipline from a recognized University/Institution, or a Chartered Accountant qualification.
- Preferred: Candidates holding a FRM certification from GARP or a PRM certification from PRMIA will be given preference.
Experience Requirements:
A minimum of 20 years of experience in the financial sector is required. This must include:
- At least 5 years of experience specifically in risk management within an RBI-regulated entity.
- A minimum of 2 years of experience at a senior management level.
Age Limit:
- The upper age limit for applicants is 55 years and below as on the advertisement date, which is 03 November 2026.
- Age relaxations will be applicable as per recruitment norms, however, after all relaxations, the candidate's age must not exceed 55 years.
What Is the Salary & Official Benefits?
NaBFID offers competitive remuneration for this high-level contractual position. The official notification clarifies that no fixed pay scale is specified.
- Remuneration Structure: Salary will be determined based on the candidate's qualifications, depth of experience, suitability for the role, their last drawn salary, and prevailing market benchmarks for similar positions.
- Employment Nature: This is a contractual appointment for an initial period of 5 years.
- Contract Extension: The contract is extendable for additional terms at the discretion of NaBFID, based on performance and organizational requirements.
Selection Process & Interview Stages
The selection for the EVP & Head- Market Risk, ALM & Enterprise Risk position will be a structured, multi-stage process focusing on comprehensive assessment of suitability and experience.
- Stage 1: Screening and Shortlisting: Applications will be thoroughly screened based on declared eligibility criteria, academic qualifications, and relevant work experience. Only candidates who meet the specified requirements and are deemed suitable will be shortlisted.
- Stage 2: Psychometric Test / Assessment Centre / Other Test (if conducted): NaBFID reserves the right to conduct additional assessment methods such as psychometric tests or assessment centre exercises to evaluate various competencies.
- Stage 3: Personal Interview: Shortlisted candidates will proceed to a personal interview. This stage is crucial for assessing technical expertise, leadership qualities, communication skills, and overall fit for the organization's culture and strategic goals.
- Stage 4: Final Selection: The final selection will be made by a designated NaBFID Committee based on performance in the interview and any other assessment stages.
Important Dates & Schedule Guidance
Candidates must adhere strictly to the following schedule for application submission:
- Application Start Date: 03 November 2026
- Last Date to Apply: 24 November 2026, by 6:00 PM IST
Prospective applicants are advised to submit their applications well in advance of the deadline to avoid any last-minute technical issues.
What Is the Application Fee & Payment Mode?
Good news for all aspiring candidates! There is no application fee required for the NaBFID EVP & Head- Market Risk, ALM & Enterprise Risk recruitment 2026. This applies to all categories, including General, OBC, EWS, SC, and ST candidates.
How to Apply? (Step-by-Step Walkthrough)
The application process for this NaBFID vacancy is strictly through email. No other mode of application will be accepted. Follow these steps carefully:
- Review Role Details: Begin by thoroughly reading the detailed role description available on the official NaBFID careers page.
- Prepare Your Documents: Get your updated CV ready. Ensure it highlights your relevant experience and qualifications as per the advertisement. Attach a recent passport-sized photograph to your CV or as a separate attachment.
- Draft Your Email: Compose an email with your application.
- Exact Subject Line: This is critical. The subject line of your email MUST be written exactly as instructed in the advertisement: "Application for the post of EVP & Head- Market Risk, ALM & Enterprise Risk, Job Code NABFID/EVP/16".
- Send to Official Email ID: Email your application to the official email ID mentioned in the detailed notice. Ensure you use the correct email address to prevent delivery failures.
- Adhere to Deadline: Ensure your application email reaches NaBFID on or before 24 November 2026, 6:00 PM IST. Applications received after this time will not be considered.
- Avoid Hard Copies: Remember, only email applications are accepted. Do not send any hard copies by post or courier.
What Can Get Your Application Rejected?
Candidates must exercise extreme caution to ensure their application is not disqualified. Here are key reasons an application might be rejected, directly derived from the official notification warnings:
- Incorrect Application Mode: Applications sent by any mode other than email will be summarily rejected.
- Improper Subject Line: Failing to write the exact subject line, including the specified job code NABFID/EVP/16, will lead to disqualification.
- False Information: Furnishing false information or suppressing any material facts in the application can result in the cancellation of candidature or even termination after appointment.
- NOC Requirement: Candidates currently serving in Government, PSU, Bank, or Financial Institutions must produce a No Objection Certificate (NOC) from their employer at the time of the interview. Failure to do so may lead to them not being considered.
- Late Submission: Applications received after the deadline of 24 November 2026, 6:00 PM IST, will not be entertained.
Key Instructions & Common Mistakes to Avoid
To maximize your chances of a successful application, keep the following points in mind:
Required Documents Checklist (for Interview/Joining):
- Updated CV: A comprehensive and current Curriculum Vitae highlighting relevant experience.
- Passport-sized Photograph: A recent, clear passport-sized photograph.
- No Objection Certificate (NOC): If you are currently employed in a Government, PSU, Bank, or Financial Institution, ensure you have an NOC from your current employer. This will be required at the interview stage.
- Criminal Case Details: If applicable, details of any pending criminal cases must be furnished.
- Relieving Letters: If selected, you will need to produce relieving letters from previous employers at the time of joining.
Always cross-check all details before sending your application. Thoroughly read the Official Notification PDF for complete instructions and detailed terms and conditions.