IBPS 2026-27 Division Head (Financial & Allied Services) & CFO Recruitment – 1 Vacancy

This role is ideally suited for highly experienced financial professionals, particularly those who have recently retired from senior positions (DGM/GM or equivalent) in Public Sector Banks, Central/State Government, or Public Sector Undertakings. Candidates must possess 20-25 years of extensive experience in finance, accounts, taxation, and internal audit, coupled with a Commerce Graduate/Postgraduate degree and preferably CAIIB or CA qualification. The position demands a full-time, dedicated commitment in Mumbai, making it suitable for individuals seeking a challenging contractual engagement rather than permanent career progression, who are also medically fit and have an impeccable record of integrity and financial conduct.

Individuals with less than 20 years of relevant experience, those below 50 or above 61 years of age as of May 01, 2026, or candidates lacking the specified educational qualifications (Commerce Graduate/PG, CA/CAIIB preferred) should not apply. The role is strictly contractual, so applicants seeking permanent government employment with regular increments and absorption should look elsewhere. Candidates with a history of disciplinary issues, criminal convictions, or unresolved credit/loan defaults (CIBIL issues) are also ineligible. This is not suitable for those unwilling to relocate to/work exclusively in Mumbai.

The Institute of Banking Personnel Selection (IBPS) is a reputable autonomous body, integral to the recruitment processes of India's public sector banks. A Division Head and CFO role within such an organization carries significant operational and strategic influence. While the position is contractual and does not offer typical government career progression or absorption, it provides a high-level engagement with a competitive CTC, offering a unique opportunity for seasoned professionals to contribute their expertise at a leadership level within a prestigious financial institution. The scope involves critical financial management and oversight, enhancing an individual's professional standing.