RECRUITMENT OF SPECIALIST CADRE OFFICERS IN STATE BANK OF INDIA

RECRUITMENT OF SPECIALIST CADRE OFFICERS IN                 STATE BANK OF INDIA ON REGULAR BASIS

In this post u can find all details regarding ,details of the post,grade,total vacancies,age eligibility,selection process, place of posting,job experience,job profile,scale of pay,selection process,dates of application,fees payment dates,pls check official notification before applying,official link is also provided.

Details of Post (Regular) -  

SME Credit Analyst 

Grade - 

Middle Management Grade Scale III (MMGS-III)

Vacancy - 

GENERAL - 10,

OBC - 5,

SC  - 3, 

ST - 1,

EWS - 1,

TOTAL VACANCIES - 20.

Age(As on 01-01-2020) - 

Minimum - 25.

Maximum - 35.

Selection Process - 

Shortlisting and Interview.

Place of Posting - 

Anywere in India.

Details of Educational Qualification - 

Basic Qualification (Compulsory): CA/ MBA (Finance) / PGDM (Finance) /PGDBM(Finance) or equivalent post graduation degree (Two years full time regular course) from Recognized University/College.

Post Qualification Work Experience - 

Minimum 3 years' of post basic qualification work experience as on 01.01.2020 in a Bank/NBFC/PSU/FIs/Credit Rating Agency. Post qualification experience in high value credit is must. Experience should be in appraisal/assessment of credit proposals of medium/large corporates. Specific Skill as on 01.01.2020: Analysis of Balance Sheet / Appraisal of Credit Proposal, Credit Monitoring & follow up.

Job Profile & KRAs - 

     Carrying out of Due diligence on credit proposals assigned 

• Timely completion of Review / Renewals as Appraiser, including Credit Risk Assessment proposals
• Securing maximum marks for the AMT in Credit Audit in Pre-Sanction
• Assisting Relationship Manager in achieving Budgeted growth in Advances for the AMT
• Assisting Relationship Manager in achieving Budgeted growth in Other Income for the AMT 
• Adhering to Turn around Time for processing New / Existing proposals 
• Ensuring ABS considered for the proposals are the same as filed with ROCs 
• Ensuring achievement of satisfactory RAROC (Risk adjusted Return on Capital) for each unit in the AMT KRAs Responsible for 
• Analysis and appraisal of credit proposal including Ad hoc facilities/structuring/rehabilitation proposals/any other type of business or general proposal pertaining to the unit. 
• Ensuring timely/review/renewal of credit limits. Pre- Sanction Stage:
• Ensuring compliance of KYC norms. 
• Updation of periodical due diligence reports as per RBI guidelines.
• Obtaining data/information from customers for assessment and processing of the proposal
• Interacting with key officials in the borrowing units for obtaining data/statements etc.
• Obtain and verify the legal search reports/ valuation reports for properties offered as Primary/Collateral securities. 
• ROC Search at each sanction of the limits to the unit. 
• Arranging for compilation/updation of opinion reports and CIRs.
• Undertaking pre-sanction visits. 
• Appraising of credit proposals and CRA. 
• Arranging for D & B/Credit Reports and their scrutiny, wherever required. 
• Obtaining external credit ratings of the customers.
• Providing support to the Relationship Manager for making presentations of credit proposals to the Sanctioning Authorities.
• Credit related notes like RMD deviations/any other deviations, concession etc or non-business/proposals to competent authorities. 

       Post- Sanction Stage

• Preparation of Arrangement letter and ensuring that all the terms and conditions of sanction have been incorporated therein. 
• Attending consortium meetings with Relationship Manager, wherever necessary.
• Analysis of FFRs and other financial statements putting up to Relationship Manager and taking up issues/observation recorded, with ttioned on standalone basis.
• Periodical inspections as per the instructions of Relationship Manager. Miscellaneous:
• Tracking and monitoring important developments in the industries/activities in which the borrowers operate/have interests. 
• Creation, maintenance and updation of account profile as per the format devised by the Relationship Manager/Branch Head/Bank. 
• Monthly updation of prnt Auditors).
• Credit Analyst who is a regular bank officer will perform the role of Service Officer in his absence
• Preparation of outstanding issues/non-compliance with the terms of sanction in pre-sanction areas for each company and its updation, on resolution of the issues involved.
• Assisting Relationship Micing/concession to be prepared for verification/checking by Relationship Manager (And for submission to Concurreanager in preparation of Annual Action Plan. 
• Any other job/task relating to dispensation or administration of credit or any other specific task of any nature arising out of business or administrative exigencies or even otherwise under instructions of Chief Manager/Relationship Manager/Branch Head. The activities mentioned above are illustrative only and Credit Analyst is primarily responsible for all activities as directed by Relationship Manager/ Branch Head from time to time.
• KRA:
• Level of CASA Deposits 
• Branch Credit Score 
• Other Income(Branch) & BG Income 
• Forex Remuneration 
• LC Income 
• Operating Profit
• Level of Advances 
• LC Opened(Volume)he company. 
• Rectifying irregularities pertaining to pre-sanction pointed out in various Credit Audit Reports. 
• Attending to the credit related correspondence with internal and external agencies.
• Periodical review of TLs sanc
• BG Opened(Volume)
• Forex Volume
• Gross Interest Income.

Remuneration - 

Grade - 

Middle Management Grade Scale III (MMGS-III)

Scale Of Pay - 

42020-1310/5-48570-1460/2-51490.

Selection Process - 

The selection of candidates will be based on Short listing and Interview. 

Shortlisting: Mere fulfilling minimum qualification and experience will not vest any right in candidate for being called for interview. The Short listing Committee constituted by the Bank will decide the short listing parameters and thereafter, adequate number of candidates, as decided by the Bank will be shortlisted and called for interview. The decision of the bank to call the candidates for the interview shall be final. No correspondence will be entertained in this regard. 

Interview: Interview will carry 100 marks. The qualifying marks in interview will be decided by Bank. No correspondence will be entertained in this regard

 Merit List: Merit list for selection will be prepared in descending order on the basis of scores obtained in interview only. In case more than one candidate score the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit. 

ONLINE REGISTRATION OF APPLICATION & PAYMENT OF FEE - 

 FROM 23.06.2020 To 13.07.2020.

pls check official notification before applying - official notification