Canara Bank to Recruit Chief Information Technology Officer

Canara Bank is a premier state owned bank having its headquarters in Bangalore. It has 5100 branches across the length and breadth of the country which confirms its nationwide presence. It is all set to hire Chief Information Technology Officer (CITO) on the basis of a contract and has already rolled out applications for the same.

Canara Bank Recruitment 2013

Number of Vacancies:

The number of available vacancies for this post is 1 and is open to the general category.

Duration of Contract:

The official contract period is 3 year. All decisions in this regard are at the discretion of the bank.

Eligibility Criteria:

The contender for this job should possess a first class in B.Tech or MCA bestowed by a university or institution accredited by AICTE or NCTE or DCE. Post graduation in relevant subject is an added bonus. He/she should have more than 20 years of experience in working with IT department banks or telecom companies or as a head of the project in the BFSI segments in IT companies. The candidate is expected to have a thorough familiarity of different IT areas. His/her age should not be more than 55 years as on 01.07.2014.

Compensation and Privileges:

The remuneration shall be compatible with industry benchmarks and will not be a limitation for the worthy candidate. Other than the aforesaid salary and other facilities, the applicant shall not be eligible for any other honorarium, perks or benefits.

Job Summary:

The appointed candidate shall be placed with the DIT Wing, Bangalore. The CITO shall be responsible for overseeing the daily affairs pertaining to the IT department of one of India’s leading financial repository. He/she shall be accountable to the top management of the bank. The DIT framework shall hinge entirely on the resourcefulness of the incumbent and he/she shall be liable for a variety of key roles like Technology Planning, App Development and IT related operations comprising of Core Banking  Solutions of the bank at the macro level, to name a few. The performance of the CITO will be evaluated periodically. The CITO is expected to work with the higher echelons of DIT on the following:

  • Help in the preparation of  Technology Vision document for the bank.
  • Play a pivotal part in Technology Planning, Implementation and Policy formulation.
  • Facilitating user adoption of new technologies.
  • Lead data and IT administration and security.
  • Enhancing profitability of IT deployment.
  • Boosting the prominence of present IT fabric.
  • Pinpointing and applying futuristic architecture to address the dynamic business needs of the bank and meet its ambitious goals.

Selection Procedure:

The contender for this job shall be shortlisted after extensive scrutiny of the submitted documents. More impressive the resume, better are the chances of getting appointed for the interview round. The final call to recruit the candidate will be based entirely on the marks secured in the interview. The date, time and venue of the interview will be intimated to the selected contenders through call letter which will be emailed to them. The institution reserves the right to make modifications to the selection procedure and timetable owing to any unavoidable circumstances.. Travel and staying expenses shall be borne by the candidate and the bank is not obliged to disburse the costs incurred by them. Any appeal for change of centre shall not be entertained. The person appointed as CITO shall have to pass the medical tests carried out by the bank, failing which his/her candidature shall be revoked. The fees shelled out by the candidate shall not be paid back. The resolutions taken by the bank in all matters relating to the induction of CITO are final and abiding on all aspirants.

Important Dates:

  1. Opening Date for making Applications and Payment of Fees 1000 INR     –               04.08.2014
  2. Last Date for making Applications and Payment of Fees of 1000 INR and for receipt of physical applications along with documents                                                     –               16.08.2014.

Aspirants must take a printout of the application form advertised on the bank website and fill in the particulars carefully. Please note that incomplete applications or applications without supporting documents shall be cancelled completely. Applications received by the bank after the last date of submission shall not be considered for the selection process, and the amount paid by the candidate will not be reimbursed. For further details on this topic, please refer to:, and kindly go through the appropriate advertisement.

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