Central Office, Mumbai – 400 021

HUMAN RESOURCES DEVELOPMENT DEPARTMENT

(RECRUITMENT AND PROMOTION DIVISION)
Recruitment of Auditors on Contractual Appointment - 2010

IMPORTANT: LAST DATE OF RECEIPT OF APPLICATIONS - 23.10.2010

COMPANY PROFILE

Central Bank of India, a leading Public Sector Bank, with Pan India Branch Network of more
than 3617 branches, with total business of more than 262120 Crores and driven by talented work
force of 34000 + employees, is looking for retired bank officers, having experience of working in
any public sector bank with minimum Grade scale III / IV and with relevant expertise, for
recruitment on contract as Auditors for carrying out Risk Based Internal Audit and audit related
work in its branches.

The details are given below:

1. AGE, QUALIFICATION & EXPERIENCE (As on 31.08.2010)

S Name of the Age Qualification Experience / other eligibility criteria

r Post
1 Auditors on Less Essential: A Graduate Essential:
. Contractual than from recognized
Appointment 64 University with i) Candidate should have retired on
years. Computer knowledge. VRS or on attaining superannuation
Desirable: with minimum 20 years of service of
i)Post Graduate which atleast 15 years in Officer
qualification/JAIIB/CA Cadre.
IIB or other ii)He should have worked as Branch
Professional Manager for minimum 3 years and
qualification. should have knowledge of Credit
and/or Forex Business.
iii) He should possess satisfactory
service certificate from the previous
employer.
Desirable:
i) Exposure to Audit and Core
Banking in particular, Risk based audit
ii) Good physique to undertake
frequent tours at various places
iii) Own Laptop
2. CONTRACT PERIOD, AMOUNT AND OTHER TRAVELLING EXPENSES;

The candidate shall be appointed on Contract basis for a period of one year. Renewal may be
possible at Bank’s sole discretion in terms of extant policies and rules, the contract may be
terminated by either side by giving one months notice.

3. CONTRACT AMOUNT AND OTHER TRAVELLING EXPENSES;

The contract amount shall be fixed as the last pay and allowances drawn by the officer less the
amount of pension to be drawn/being drawn by him/her OR ` 30,000/- per month ,which ever
is less.

Reimbursement of lodging and food expenses shall be made for the period of travel as under:

- Max. Room Tariff permissible (Exclusive of Taxes)

Category of Place Lodging Food

expenses expenses
Major ‘A’ Class cities- Such as Mumbai, Kolkata, Delhi, Chennai, ` 2000/- ` 700/-
Ahmedabad, Bangalore and Hydertabad.
Area I Centres-places with population of 12 lacs and over, such as ` 1400/- ` 600/-
Agra, Baroda, Bhopal, Coimbatore, Indore, Kochi, Lucknow,
Ludhiana, Madurai, Patna, Surat, Varanasi, Visakhapatnam, Pune,
Nagpur, Kanpur, Jaipur
Other Places ` 1000/- ` 500/-

No other allowances/reimbursement of expenses will be admissible.

Travelling:

Selected candidate shall be entitled to travel by A/C II Tier and reimbursement thereof or actual
which ever is less shall be made.
Expenses towards lodging and traveling shall be paid on production of bills subject to ceiling
fixed as above or actual which ever is less.

4. LEAVE:

The candidates shall not be entitled for any leave except Sundays and public holidays.

5.JOB PROFILE:

These Officials shall have to undertake Risk Based Internal Audit of at least 25 Branches during
contract period of one year. They will be subjected to accountability for not reporting High Risk
areas/suspected frauds/persisting irregularities in their audit reports. They are required to submit
audit report to concerned Zonal Audit Office.

6. SELECTION PROCEDURE

The eligible candidates will be called for personal interview and the decision of the Bank in this
regard shall be final.
7. SUBMISSION OF APPLICATION

Eligible candidates have to submit their applications in the given format (Annexure A).
Last date for receipt of application is 23.10.2010. No applications shall be entertained beyond
the stipulated date. Incomplete applications will be rejected.

Address the application, Superscribing “Application for the post of Auditors” to

“General Manager- HRD,

Central Bank of India,
Chander Mukhi, 17th floor,
Nariman Point
Mumbai- 400 021

8. APPLICATION FEE

Application fee is Rs.1000/- payable by way of Draft drawn on any Nationalised/Scheduled

Bank drawn in favour of “Central Bank of India- Recruitment of Auditors” and payable at
Mumbai

9. GENERAL INSTRUCTIONS:

a) While applying for the posts, the applicant should ensure that he / she fulfills the eligibility
and other norms mentioned above and that the particulars furnished are correct in all
respects. In case it is detected at any stage of recruitment that a candidate does not fulfill the
eligibility norms and / or that he / she has furnished any incorrect / false information or has
suppressed any material fact(s), his / her candidature will automatically stand cancelled. If
any of the above shortcoming(s) is / are detected even after appointment, his / her contractual
appointment is liable to be terminated without any notice.

b) In case of suitable and deserving cases, any of the requirements and conditions of eligibility
mentioned above, may be relaxed at the discretion of the Management. The Management
reserves the right to fill or not to fill the above advertised position without assigning any
reason thereof.

c) Mere submission of application against the advertisement and apparently fulfilling the criteria
as prescribed in the advertisement would not bestow on him / her right to be called for
interview.

*****
 ANNEXURE A
APPLICATION FOR THE POST OF AUDITORS ON CONTRACTUAL
APPOINTMENT

To,
General Manager-HRD
Central Bank of India,
Recruitment of Auditors on Contractual basis, Paste Passport size
17th Floor, Chandermukhi, Photograph
Nariman Point, Mumbai
Please sign across
With reference to your advertisement on Bank’s website dated ________ the Photograph
I, submit my application in prescribed format.

1. NAME (in full)-______________________________

2. ADDRESS FOR CORRESPONDENCE:

_______________________
________________________
________________________
________________________
_________________________

3. CATEGORY: _______________

4. If person with Disability:

Type of disability:
Percentage of disability:

5. DATE OF BIRTH (As per School leaving Certificate) :

Age in completed years as on 30.09.2010:

6. Details of Non refundable Application Fee :

Name of DD issuing Bank: Place of Issue :
Date of Issue : Amount:

7. Contact Details:

MOBILE NO. - LANDLINE No.

E-MAIL ID-

8. GENDER :

9. NATIONALITY:

10. BIRTH PLACE _______________ NATIVE PLACE:_____________________

11. RELIGION:

12. MARTIAL STATUS:

13. FATHER’s/ HUSBAND’s NAME:

 14. PERMANENT ADDRESS:

15. EDUCATION QUALIFICATION

Qualification Discipline Board/ Full Year of Subject/ Marks

University time/ Passing Speciali (Rank if
Part zation any)
Time
Graduation

Post
Graduation
Professional
Qualification
Others/
Computer
Knowledge

16. EXPEREINCE (Preceding 10 years) - Total (in years)________________

SN Name of Bank Designation Duration Responsibilities Pay Extra

Scale Ordinary
From To Achievements

17. RETIRED ON VRS/ SUPERANNUATION ______________________

DATE OF RETIREMENT ______________________
TOTAL YEARS OF SERVICE _________years
OUT OF WHICH AS AN OFFICER __________years
NO. OF YEARS WORKED AS BRANCH MANAGER ________years

18. HAVE YOU KNOWLEDGE OF CREDIT/FOREX ___________

19. HAVE YOU WORKED IN CBS ENVIRONMENT ____________

20. HAVE YOU EXPOSURE OF AUDIT AND CORE BANKING _____________

21. HAVE YOU EXPOSURE OF RISK BASED AUDIT _______________

22. DO YOU OWN A LAP TOP _______________

23.DETAILS OF PRESENT EMPLOYMENT:

(a) Organisation
(b) Full Address:

(c) Position:
(d) Reporting to:
(e) Salary/Compensation presently drawn:

24. Brief detail of Past experience in the Bank (In respect of Credit/ Forex/Audit/Core
Banking/ Risk Management)
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
___________

25. Significant Achievement (If Any) in respect of above assignments-

_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_________

26. Name and addresses of two references-

1) ___________________________________________
___________________________________________
___________________________________________
___________________________________________
___________________________________________
___________________________________________
___________________________________________
2) ___________________________________________
___________________________________________
___________________________________________
___________________________________________
___________________________________________

DECLARATION
I hereby declare that the particulars furnished above are true and correct to the best of knowledge
and belief and I understand that in the event of any information being found false or incorrect at
any stage or not satisfying the eligibility criteria according to the requirements of the relative
advertisement, my candidature/ appointment for the said post is liable to be cancelled/terminated
at any stage and if appointed, my service are liable to be terminated. I am willing to serve
anywhere in India. I agree that Bank has right to transfer me to any part of the country at its
discretion.
I hereby agree that any legal proceedings in respect of any matter of claims or disputes arising
out of this application and/or out of said advertisement can be instituted by me only at Mumbai
and Courts/tribunals/forums at Mumbai undertake to abide by all the terms and conditions
mentioned in the advertisement displayed on Banks website dated_________.

(Signature of applicant)

Place:__________________________

Date:___________________________
Enclosures:
1.
2
3.
4.
5.

SELF CHECK LIST

Submitted ( Please tick)

1. Application Fee. O
2. Age Proof. O
3. Graduation Certificate/Marks sheet. O
4. Post Graduation /Professional Qualification
Certificate/Marks sheet, if any. O
5. Service Certificate of previous employer O