The National Bank for Financing Infrastructure and Development (NaBFID) has officially announced a new employment opportunity for senior banking professionals. According to the latest notification, the institution is looking to fill the position of EVP & Head- Market Risk, ALM & Enterprise Risk. Interested and eligible candidates can submit their application materials via email starting from 03 November 2026.
The recruitment drive aims to fill one unreserved (UR) vacancy in the grade of Executive Vice President. This role is offered on a fixed-term (contract) basis. Applicants must be Indian citizens and are required to send their Curriculum Vitae, along with a passport-sized photograph, directly to recruitment@nabfid.org. The application window strictly closes on 24 November 2026 at 06:00 pm IST. Complete details regarding the hiring process are accessible on the official website, nabfid.org.
Overview of NaBFID Recruitment 2026
| 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 recruitment@nabfid.org |
| Last Date | 24 November 2026, 06:00 pm IST (receipt) |
The official advertisement does not mandate any application fee for candidates participating in this recruitment drive.
Understanding NaBFID’s Role
Established under the NaBFID Act, 2021, the National Bank for Financing Infrastructure and Development operates as India’s primary institution for infrastructure financing. The Reserve Bank of India (RBI) oversees and regulates the organisation as an All-India Financial Institution (AIFI). The recent notice highlights that NaBFID facilitates infrastructure funding through data-driven risk management, bond and derivatives markets, and the creation of innovative financing instruments.
Application Procedure and Guidelines
Applications for this high-level vacancy are restricted to email submissions only. The institution explicitly states that hard copies will not be entertained, and alternative application methods are invalid.
To apply successfully, candidates must follow these steps:
- Review the comprehensive role description via the link provided in the official notification.
- Compile a CV that includes a recent passport-sized photograph.
- Email the documents to recruitment@nabfid.org.
- Format the email subject line precisely as: “APPLICATION FOR THE POST OF “. The specific job code for this vacancy is NABFID/EVP/16.
- Ensure the submission reaches the inbox on or before 24 November 2026 by 06:00 pm IST.
Candidates are advised to maintain an active email address until the final results are announced, as all interview advice and call letters will be dispatched electronically.
Eligibility Criteria and Experience Requirements
The single vacancy (Sl. No. 01) is open for the post of EVP & Head- Market Risk, ALM & Enterprise Risk (UR).
Educational Background Applicants must hold a Graduate/Postgraduate degree in any discipline from a recognised University/Institution or qualify as a Chartered Account. Preference will be given to individuals holding a Certification in Financial Risk Management from the Global Association of Risk Professionals (GARP) OR a Professional Risk Management Certification from the PRIMA Institute.
Professional Experience The role demands a minimum of 20 years of experience within the financial sector. Out of this tenure, at least 5 years must be dedicated to a risk management function within an RBI regulated entity. Furthermore, 2 of those 5 years must be served at a senior management level. Candidates possessing background experience in the infrastructure domain will hold an advantage.
Age Restraints The maximum age limit is capped at 55 years and below, calculated as of the advertisement date. Even after accommodating all applicable age relaxations, candidates cannot exceed the 55-year mark. Applicants must ensure they meet all eligibility parameters by the cut-off date of 3 November 2026.
Remuneration and Contract Details
Compensation will not be a limiting factor for the right candidate. Remuneration packages will be determined by assessing the applicant’s market benchmark, last drawn salary, suitability, experience, and qualifications. A predetermined salary figure is not stated in the official notice.
The selected candidate will be engaged on a 5-year contract, which carries the possibility of renewal for subsequent terms based on the Bank’s discretion. While the designated job location is Mumbai, the Bank reserves the right to post the selected individual at its establishment in New Delhi, Mumbai, or anywhere in India as per operational requirements. Final engagement remains contingent upon the candidate being declared medically fit according to NaBFID standards.
Core Responsibilities
The official Job Description outlines several critical duties for the appointed executive:
- Creating and implementing an enterprise-wide risk framework for NaBFID.
- Ensuring portfolio construction remains strictly within predefined risk parameters.
- Establishing robust mechanisms for accurate risk measurement.
- Structuring risk mitigation strategies and providing advisory support for NaBFID’s business operations.
For an exhaustive breakdown of the role, applicants can access the supplementary document linked on the NaBFID website.
Required Documentation at Interview Stage
Applicants must attach their CV and passport-sized photograph to the initial email. If shortlisted and selected, the following documents are mandatory:
- A No Objection Certificate (NOC) from the current employer during the interview phase (applicable for candidates employed in Govt./Quasi Govt. offices, Public Sector undertakings, Financial Institutions, and Nationalised Banks).
- Full disclosure of any pending criminal case(s) during the interview.
- Official relieving letters from the previous employer before assuming the new appointment.
Selection and Interview Process
The recruitment process involves multiple stages of evaluation. Initial screening and shortlisting will rely on the applicant’s relevant experience and eligibility. Fulfilling the basic criteria does not automatically guarantee an interview invitation.
In addition to a personal interview conducted by a specialised committee, shortlisted candidates might be subjected to assessment centre evaluations, psychometric tests, or alternative selection methods deemed appropriate by NaBFID. The final hiring decision rests solely with NaBFID’s Selection Committee, which will evaluate performance during the Personal Interview alongside qualifications and experience. Hard copies of interview call letters will not be issued; intimations will be uploaded to the Bank’s website or sent via email.
Key Recruitment Dates
| Event | Date |
| Date of Advertisement (Mumbai) | 3rd November 2026 |
| Application Start Date | 3rd November 2026 |
| Last Date to Apply (receipt by email) | 24th November 2026, 06:00 pm IST |
| Cut-off Date for Eligibility | 3rd November 2026 |
Standard Instructions and Legal Jurisdiction
NaBFID will reimburse economy class airfare for candidates attending the interview. However, employees from government, quasi-government, PSU, nationalised banks, or financial institutions who fail to present their NOC at the interview stage may be disqualified and forfeit this travel reimbursement.
The Bank will conduct independent background checks, which may include reviewing police records, and retains the authority to revoke engagement based on these findings. Any instance of suppressed material facts, false information, or failure to meet eligibility norms will lead to immediate cancellation of candidature or termination of service without notice.
NaBFID holds the right to re-advertise, rescind, or amend the vacancy at any moment without providing justification. All Selection Committee decisions are final, and external correspondence will not be entertained. Any resultant legal proceedings are strictly confined to the sole jurisdiction of forums, tribunals, and courts in Mumbai. Future corrigenda, updates, or modifications will be published exclusively on the careers portal at nabfid.org/careers.
Official Reference Links
| Link | Details |
| NaBFID EVP Recruitment 2026 Official Notification PDF | Advertisement No. NaBFID/REC/EVP/2026-27/02 |
| NaBFID Official Careers Website | Role description, updates and corrigenda |
| Official Website | Official website of National Bank for Financing Infrastructure and Development |

