Rail India Technical and Economic Service (RITES), a Navratna public sector enterprise under the Ministry of Railways and a leading consultancy in transport and infrastructure, has announced recruitment for Assistant Manager / Transaction Advisory posts on a regular basis. There are 3 vacancies in total. The role involves transaction advisory work for PPP and asset monetization infrastructure projects, along with financial modeling, project finance and related functions within the organization.
RITES Recruitment 2026 - Assistant Manager / Transaction Advisory Posts
Posted 28 Sept 2026Updated 28 Sept 2026RG/46/26
Total Vacancies
3
Last Date
08 Oct
Closed
Apply Mode
Online
Permanent
Status
Application Closed
Recruitment status
Applications closed on 08 Oct 2026
Exam on 25 Oct 2026
- Notification18 Sept
- Applications Open17 Sept
- Applications Closed08 Oct
- Exam25 Oct
About RITES Assistant Manager / Transaction Advisory Recruitment 2026
Job Overview
- Organization
- Rail India Technical and Economic Service
- Advertisement No.
- RG/46/26
- Post Name
- Assistant Manager / Transaction Advisory
- Job Location
- All India
- Who Can Apply
- Candidates from anywhere in India (Selected candidates shall be liable for posting at any place in India and abroad as per requirements of the Company)
- Job Type
- Permanent
- Age Limit
- Up to 32 years
- Gender
- All
- Nationality
- Indian
- Experience
- 2 years post-qualification experience in transaction advisory for PPP or asset monetization infrastructure projects / financial modeling / financial valuation / project finance / financial due diligence / bid process management and financial closure / preparation or review of concession documents / fund raising / mergers & acquisitions (M&A) / investment banking. Training (except on-the-job training), internship, teaching, academic, fellowship and PhD research experience is not counted; apprenticeship training under The Apprenticeship Act 1961 in the relevant discipline is counted.
- Pay Scale
- INR 40,000-1,40,000 (IDA pay scale, 4th PRC)
Vacancy Breakdown
Assistant Manager / Transaction Advisory
3
UR 2OBC 1SC 0ST 0EWS 0
| Post Name | UR | OBC | SC | ST | EWS | Total |
|---|---|---|---|---|---|---|
| Assistant Manager / Transaction Advisory | 2 | 1 | 0 | 0 | 0 | 3 |
Eligibility Details
Assistant Manager / Transaction Advisory - Qualification and Experience
Full-time bachelor's degree in any branch of engineering and full-time two (2) years MBA (or equivalent degree) with specialization in Finance or related subjects. Degree should be recognized by AICTE/UGC from a University incorporated by an Act of Central or State legislature in India or other Educational Institutions established by an Act of Parliament or declared to be Deemed as University under Section 3 of the UGC Act, 1956; Sections A & B examination of the Institution of Engineers (India) treated as equivalent to Degree by Govt. of India and recognized by AICTE is also accepted. Minimum 2 years post-qualification experience in transaction advisory for PPP or asset monetization infrastructure projects / financial modeling / financial valuation / project finance / financial due diligence / bid process management and financial closure / preparation or review of concession documents / fund raising / mergers & acquisitions (M&A) / investment banking.
| Post | Qualification |
|---|---|
| Assistant Manager / Transaction Advisory - Qualification and Experience | Full-time bachelor's degree in any branch of engineering and full-time two (2) years MBA (or equivalent degree) with specialization in Finance or related subjects. Degree should be recognized by AICTE/UGC from a University incorporated by an Act of Central or State legislature in India or other Educational Institutions established by an Act of Parliament or declared to be Deemed as University under Section 3 of the UGC Act, 1956; Sections A & B examination of the Institution of Engineers (India) treated as equivalent to Degree by Govt. of India and recognized by AICTE is also accepted. Minimum 2 years post-qualification experience in transaction advisory for PPP or asset monetization infrastructure projects / financial modeling / financial valuation / project finance / financial due diligence / bid process management and financial closure / preparation or review of concession documents / fund raising / mergers & acquisitions (M&A) / investment banking. |
Age Limit
Maximum 32 years as on 08-10-2026 (last date of submission of application)
Age Relaxation
RITES regular/contract employees: 5 years; SC/ST: 5 years; OBC-NCL: 3 years; J&K Domicile: 5 years; PwBD: 10 years, in addition to the relaxation permissible for SC/ST/OBC-NCL candidates, subject to the post being identified suitable for PwBD
Application Fee
General / OBC
Rs. 600 plus taxes as applicable
EWS / SC / ST / PwBD
Rs. 300 plus taxes as applicable
Selection Process
- 1Written Test
125 objective type questions carrying one mark each for a duration of 2.5 hours, with no negative marking; PwBD candidates get a compensatory time of 50 minutes. Minimum 50% marks for UR/EWS and 45% for SC/ST/OBC-NCL/PwBD against reserved posts is required to move to further consideration.
- 2Document Scrutiny
Documents submitted by candidates are scrutinised based on the written test result and number of vacancies, and shortlisted candidates are called for interview preceded by verification of original documents.
- 3Interview
Candidates are called in the ratio of 1:6 to the number of vacancies; written test carries 60% weightage and interview 40% (technical and professional proficiency 30, personality communication and competency 10). Minimum 60% marks for UR/EWS and 50% for SC/ST/OBC-NCL/PwBD against reserved posts is required for placement on the panel.
- 4Medical Examination
Appointment of selected candidates is subject to their being found medically fit in the Medical Examination conducted as per RITES Rules and Standards of Medical Fitness for the relevant post.
Shortlisting ratio: 1:6 (interview calls to number of vacancies)
Exam Pattern
2.5 HoursNegative: No negative marking
Salary Structure
INR 40,000-1,40,000 (IDA pay scale, 4th PRC)
How to Apply
- 1Apply online in the registration format available in the Career Section of the RITES website, www.rites.com, and note down the generated Registration No. for all further communication.
- 2Fill in the personal, educational, experience and category details correctly and record the Identity Proof details, which must be produced in original at later stages of selection.
- 3Upload scanned copies of all documents substantiating eligibility and claims, including date of birth proof, qualification certificates and marksheets, percentage conversion document, category certificate, identity and address proof, PAN card, experience proof and PwBD certificate where applicable.
- 4Give two preferences for the choice of centre for the written test.
- 5Pay the application fee online under the Make Payment section; applications without successful fee payment are treated as incomplete and rejected.
- 6Download and keep a copy of the final submitted application form and carry it at the time of selection, if called.
Documents to Carry / Upload
•High School certificate for proof of Date of Birth
•Certificates of academic and professional qualifications and marksheets of all qualifications for all semesters/years
•Percentage conversion document issued by the university or institute
•EWS/SC/ST/OBC certificate in the prescribed Government of India format
•Proof of identity and address (Passport
•Voter ID
•Driving License
•Aadhaar Card)
•PAN Card
•Proof of each period of experience claimed (offer letter
•Joining order
•Relieving letter
•Service certificate
•Pay slips
•Form 16)
•PwBD certificate in the latest format
•One recent passport size colour photograph
•Duly filled two copies of Annexure A
Important Details
- Age, experience and all other eligibility criteria are reckoned as on the last date of submission of application, 08.10.2026.
- Appointment is initially on probation for one year from the date of joining, and candidates must clear a screening test at the end of probation for confirmation of services.
- Candidates working in a Government organization, PSU or PSB on regular basis must apply through proper channel and bring a No Objection Certificate at the interview; an NOC submitted after the interview date is not considered.
- Only one application may be submitted for one vacancy and a submitted application cannot be altered.
- Hard copies of documents are not to be sent to the office by post or courier.
- No TA/DA is payable.
- The fee paid by SC/ST/PwBD candidates is refunded after they participate in the further selection process, with GST and bank charges deducted, on submission and scrutiny of their category certificate.
- Fee paid through any mode other than the specified one is treated as no fee and the application is rejected.
- Any corrigendum or addendum will be displayed only on www.rites.com.
- Legal jurisdiction for any dispute is Delhi.
Written Test Centres
1
City: Delhi/Gurgaon
2
City: Kolkata
3
City: Bangalore
4
City: Mumbai
5
City: Guwahati
6
City: Bhubaneswar
| S. No. | City |
|---|---|
| 1 | Delhi/Gurgaon |
| 2 | Kolkata |
| 3 | Bangalore |
| 4 | Mumbai |
| 5 | Guwahati |
| 6 | Bhubaneswar |
Pay and Benefits
Pay is fixed at the minimum of the scale INR 40,000-1,40,000. In addition to Basic Pay, candidates get DA, fixed/variable allowances as applicable to the scale, Performance Related Pay, medical facilities, HRA or lease accommodation, and a superannuation package with PF contribution, Gratuity as per the Gratuity Act and Post Retirement Medical Scheme. Other benefits include leave as per leave rules, maternity and paternity leave, medical facility, group insurance and leave encashment. Employees joining from other PSUs or Government organizations who applied through proper channel or submitted an NOC at the interview are eligible for pay protection (Basic+DA).
Contact
Email: [email protected]
Phone: 011-33557000, Extension Code 13221
Frequently Asked Questions
Can a candidate apply for more than one post in this recruitment?
No. Only one application can be submitted for one vacancy, and an application once submitted cannot be altered.
Do candidates already working in a government organisation or PSU need a No Objection Certificate?
Yes. Such candidates must apply through proper channel and bring an NOC at the time of interview to be eligible for pay protection and joining benefits; an NOC submitted after the interview date is not accepted.
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