IBMBS Merchant Banking Head (EVP) Recruitment 2026

About This Job

Indbank Merchant Banking Services Limited (IBMBS) has released notification for 1 Merchant Banking Head (Executive Vice President) post on a contract basis. Candidates with professional qualifications like CA, CFA, CS, CMA, LLB, or MBA in Finance and at least 15 years of experience in investment banking or capital markets can apply offline. Last date to apply is 10 April 2026. The salary offered is Rs. 40 Lakh per annum (negotiable based on qualifications and experience).

Indbank Merchant Banking Services Limited (IBMBS) Merchant Banking Head Recruitment 2026 - 1 Post

Indbank Merchant Banking Services Limited (IBMBS LTD), a subsidiary of Indian Bank headquartered in Chennai, is a Category I Merchant Banker engaged in stock broking, depository participant activities, mutual fund distribution, and merchant banking and advisory services. The company is looking for a seasoned investment banking professional to lead its merchant banking vertical as Executive Vice President on a 3-year contract, extendable based on performance. This is a senior leadership role posted at Mumbai or Chennai, ideal for experienced professionals with a strong track record in IPO execution and capital market transactions.

Who Can Apply?

Educational Qualification:

• Qualification: You need a professional qualification in finance, law, or business management — preferably CA, CFA, CS, CMA, LLB, or MBA in Finance from a recognized institution.
• Preferred: A postgraduate degree in finance, economics, commerce, or management is an added advantage.

Regulatory Requirements:

• You must be eligible to act as a Principal Officer of a SEBI-registered Merchant Banker.
• You should have no regulatory or disciplinary action history with SEBI, RBI, or any other regulator.
• You need to demonstrate knowledge of SEBI ICDR Regulations, Takeover Code, Buyback Regulations, and Listing Obligations.

Experience:

• Minimum 15 years of experience in corporate finance, investment banking, or capital markets.
• Must have handled public issues, rights issues, buybacks, mergers and acquisitions, and advisory mandates.
• Proven track record in IPO execution with leading Merchant Bankers (Main Board, SME, QIB placements).

All qualifications must be from a university, institution, or board recognized by the Government of India. Only experience relevant to this post will be counted. The cutoff date for age, qualification, and experience is 01 January 2026.

Age Limit

• Maximum age: 50 years (as on 01 January 2026).

Salary

• The selected candidate will receive Rs. 40 Lakh per annum.
• This compensation is negotiable based on your qualifications and experience — so if you bring stronger credentials, you could earn more.

Application Fee

• No application fee is required for this recruitment.

Selection Process (No Written Exam)

Selection is based on interview only:

1. Screening: A screening committee will go through all applications to identify eligible candidates based on qualification and experience.
2. Interview: Shortlisted candidates will be called for a personal interview conducted by the Company Committee.
3. Document Verification: You will need to produce original certificates for educational qualifications, experience, age, etc. at the time of interview.

How to Apply

1. Visit the Indbank official website at www.indbankonline.com.
2. Go to the Careers section and download the application form.
3. Fill in the application form completely and attach copies of all required documents.
4. Send the completed application with enclosures through courier or registered post to:
   Head Administration, No 480, 1st Floor, Khivraj Complex I, Anna Salai, Nandanam, Chennai - 600035.
5. You can also email the scanned copy of the filled application with enclosures to recruitment@indbankonline.com.
6. Make sure your application reaches before 10 April 2026.

Important Dates

• Notification Date: 23 March 2026
• Last Date to Apply: 10 April 2026
• Interview Date: To be announced

• Lead and oversee Initial Public Offerings (IPOs) for Main Board and SME segments
• Manage Qualified Institutional Placements (QIBs), Rights Issues, Buybacks, and Delisting processes
• Provide M&A advisory services including structuring, valuation, negotiation, and deal execution
• Act as Principal Officer for SEBI Merchant Banker registration and ensure regulatory compliance
• Build and maintain relationships with corporates, institutional investors, PE/VC funds, and HNIs
• Originate new business mandates across IPOs, QIBs, SME listings, and advisory services
• Lead a team of professionals in deal execution, research, compliance, and investor relations
• Identify emerging opportunities in SME IPOs, tech startups, and innovative financial products