IPPB COO Recruitment 2026

About This Job

India Post Payments Bank (IPPB) is hiring a Chief Operating Officer (COO) on contract. If you have a full-time regular bachelor's degree with 55% marks and at least 18 years of experience in banks or financial institutions, you can apply online. The age limit is 40 to 55 years as on 1 April 2026. The last date to apply and pay the fee is 21 May 2026.

IPPB Chief Operating Officer Recruitment 2026 - 1 Post

India Post Payments Bank, a Government of India undertaking under the Department of Posts, has released Advertisement No. IPPB/CO/HR/RECT/2026-27/01 dated 30 April 2026. The bank is recruiting one senior operations leader for the COO role. This is a contract appointment for 3 years, extendable by another 2 years after annual performance review, with total engagement not above 5 years.

Vacancy Details

• Post Name: Chief Operating Officer (COO)
• Category: UR (Unreserved)
• Nature of Post: Contractual
• Posting: Corporate Office, New Delhi; IPPB may post the selected person anywhere in India if required.

Who Can Apply?

Education

• Mandatory Qualification: You need a full-time regular bachelor's degree or equivalent qualification with minimum 55% marks from a recognised institute or university.
• Added Advantage: Graduation from IITs or other Institutes of National / Distinguished Importance will be an advantage.

Experience

• Total Experience: At least 18 years in banks or financial institutions.
• Operations Experience: At least 10 years in handling operations or business processes of a bank or financial institution.
• Senior Level Requirement: In the last 5 years, you must have held a position not more than 2 levels below MD & CEO of a public sector or private sector bank / financial institution for at least 2 years.

Desirable and Preferred Qualifications

• Desirable: MBA / PGDM / PGDBM / PGDBA in Finance, or PG degree in Statistics, Mathematics, Economics or Econometrics.
• Analytics: Certifications in Data Analytics or Data Governance are desirable.
• Preferred Banking Certifications: CAIIB, Risk in Financial Services, CBCP, FRM / PRM, CAMS, CIA, or Six Sigma Green Belt / Black Belt.

Age Limit

• You should be at least 40 years old and not more than 55 years old.
• The cut-off date for age and all eligibility conditions is 1 April 2026.
• The post is UR, and reserved category applicants can apply without claiming reserved category relaxation for this vacancy.

Salary

• IPPB will offer a competitive, market-aligned salary package.
• The final CTC will depend on experience, current pay, qualifications and suitability.
• After final ranking, IPPB will hold a CTC negotiation meeting with the first-ranked applicant.

Application Fee

• Application Fee: Rs. 750, including intimation charges.
• Payment Mode: Online payment through Debit Card, Credit Card, Internet Banking or UPI.
• The fee is non-refundable and will not be adjusted for any future recruitment.

Selection Process

IPPB will select the COO through a profile-based senior-level assessment, not through a regular written exam.

1. Shortlisting: A screening committee will review qualifications, experience and fit against the COO job requirements.
2. Psychometric Test: Shortlisted applicants will take a test for strategic execution, people management, risk awareness, resilience, communication and alignment with IPPB values. The score will be converted to 100 marks.
3. Interview: The interview carries 100 marks. You must produce relevant eligibility documents to attend.
4. Final Weightage: Psychometric Test and Interview scores will be combined in the ratio 25:75.
5. Merit and Offer: IPPB will prepare a merit list of the top 3 applicants. The first-ranked applicant will be called for CTC negotiation.
6. Verification: Final appointment is subject to certificate verification, references, medical fitness and police verification.

How to Apply

1. Go to the IPPB current openings page at ippbonline.com or directly open the IBPS application link.
2. Click New Registration and enter your name, mobile number and email ID.
3. Fill the COO application form with education, work experience, senior role details and other required information.
4. Upload photograph, signature, left thumb impression, hand-written declaration and recent resume in the prescribed format.
5. Pay the Rs. 750 application fee online.
6. Submit the form before 21 May 2026, 11:59 PM and keep the application printout and e-receipt.

Important Dates

• Advertisement Date: 30 April 2026
• Online Registration Start: 1 May 2026, 10:00 AM
• Last Date to Apply: 21 May 2026, 11:59 PM
• Last Date for Fee Payment: 21 May 2026, 11:59 PM
• Last Date for Printing Application: 15 June 2026
• Psychometric Test / Interview Date: To be announced

• Lead end-to-end banking operations across onboarding, service delivery, grievance handling and back-office functions
• Design operations governance policies, SOPs, controls and quality standards aligned with bank strategy
• Drive customer service excellence using technology-led process improvements
• Coordinate operations with Department of Posts, DBT initiatives and third-party partners
• Monitor vendor performance, SLAs, contractual commitments and operational benchmarks
• Strengthen operational controls, risk mitigation, business continuity and resilience
• Ensure regulatory, statutory, audit and inspection readiness across operational units
• Manage large teams and lead digital transformation projects within operations