STATE BANK OF INDIA published official notification for Recruitment of various posts.
Post Name: Senior Executive (Credit Review)
Place of Posting: MUMBAI
Post Qualification Experience: Minimum 2 years post qualification experience in High Value Credit in Banks/ PSUs/ Corporates.
Pay Scale: Rs.12.00 lacs – Rs.15.00 lacs with an annual increment of 10% on CTC. In addition to CTC, travelling expense is reimbursable. Component of CTC: Fixed Pay: 70https://www.sbi.co.in/careers% of CTC (Annual). Variable Pay: 30% of CTC (Annual)
Job Profile / Responsibilities: Risk Assessment categorizing the credit proposals into various Risk levels (Low, Medium, High). Evaluation of the micro risks and Subjective risk
pointers & give observations to enable the committee involved in sanction to take an informed decision.
1. Review credit proposals and provide objective recommendations on pre-clearance to the Sector Head.
2. Develop, maintain and update sector-wise data periodically.
3. Actively monitor sector developments to update the financial model assumptions.
4. Capability to understand/validate the implications of the client’s contracts, guarantees and contingent liabilities on cash flow.
5. Need-based visit units, client interactions and distribution channel checks to validate the credit appraisal and financial analysis.
AGE LIMIT: 25-35 Max.
Age Relaxation: For SC/ST – 5 Years, For OBC- 3 years, For PWD (SC/ST) -15 Years, PWD (OBC)-13 Years, PWD (GEN)-10 Years
HOW TO APPLY For SBI Vacancy: i. Candidates will be required to register themselves online through the link available on SBI website https://bank.sbi/careers OR https://www.sbi.co.in/careers and pay the application fee using Internet Banking/ Debit Card/ Credit Card etc.
ii. Candidates should first scan their latest photograph and signature. Online application will not be registered unless candidate uploads his/her photo and signature as specified on the online registration page (under ‘How to Apply”).
iii. Candidates should fill the application carefully. Once the application is filled-in completely, the candidate should submit the same. In the event of the candidate not being able to fill the application in one go, he can save the information already entered. When the information/ application is saved, a provisional registration number and password is generated by the system and displayed on the screen. Candidate should note down the registration number and password. They can re-open the saved application using registration number and password and edit the particulars, if needed. This facility of editing the saved information will be available for three times only. Once the application is filled completely, the candidate should submit the same and proceed for online payment of fee.
iv. After registering online, the candidates are advised to take a printout of the system generated online application forms.
The selection will be based on shortlisting and interview. Interview: Mere fulfilling minimum qualification and experience will not vest any right in candidate for being called for interview. The Shortlisting Committee constituted by the Bank will decide the shortlisting 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. 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.
i. Before applying for a post, the applicant should ensure that he/ she fulfills the eligibility and other norms mentioned above for that post as on the specified date and that the particulars furnished by him/ her are correct in all respects.
ii. In case it is detected at any stage of recruitment that an applicant does not fulfill the eligibility norms and/ or that he/ she has furnished any incorrect/ false information or has suppressed any material fact(s), his/ her candidature will stand canceled. if any of these shortcomings is/ are detected even after appointment, his/ her services are liable to be terminated.
iii. The applicant should ensure that the application is strictly in accordance with the prescribed format and is properly and completely filled.
iv. Appointment of the selected candidate is subject to his/ her being declared medically fit as per the requirement of the Bank. Such appointment will also be subject to the service and conduct rules of the Bank for such post in the Bank, in force at the time of joining the Bank.
v. Candidates are advised to keep their e-mail ID alive for receiving communication viz. call letters/ Interview date advice etc.
vi. The Bank takes no responsibility for any delay in receipt or loss of any communication.
vii. Candidates serving in Govt./ Quasi Govt. offices, Public Sector undertakings including Nationalized Banks and Financial Institutions are advised to submit ‘No Objection Certificate’ from their employer at the time of the interview, failing which their candidature may not be considered and traveling expenses, if any, otherwise admissible, will not be paid.
viii. In case of selection, candidates will be required to produce proper discharge certificate from the employer at the time of taking up the appointment.
ix. Candidates are advised in their own interest to apply online well before the closing date and not to wait till the last date to avoid the possibility of disconnection/inability/failure to log on to the website on account of heavy load on internet or website jam. SBI does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of aforesaid reasons or for any other reason beyond the control of SBI.
x. Decisions of bank in all matters regarding eligibility,conduct of interview, other tests and selection would befinal and binding on all candidates. no representation or correspondence will be entertained by the bank in this regard.
xi. The applicant shall be liable for civil/ criminal consequences in case the information submitted in his/ her application are found to be false at a later stage.
xii. Where interview without any written test is the mode of recruitment, merely satisfying the eligibility norms does not entitle a candidate to be called for interview. Bank reserves the right to call only the requisite number of candidates for the interview after preliminary screening/ short-listing with reference to candidate’s qualification, suitability, experience etc.
xiii. In case of multiple application for single post, only the last valid(completed) application will be retained and the application fee/ intimation charge paid for other registration will stand forfeited. Multiple appearance by a candidate for a single post in interview will be summarily rejected/candidature cancelled.
xiv. Any legal proceedings in respect of any matter of claim or dispute arising out of this advertisement and/or an application in response thereto can be instituted only in Mumbai and courts/tribunals/forums at Mumbai only shall have sole and exclusive jurisdiction to try any cause/dispute.
xv. Outstation candidates, who may be called for interview after short-listing will be reimbursed the cost of travel (train fare A/C III Tier – Mail / Express only) for the shortest route in India or actual expenses on the basis of actual journey (whichever is less). Local transportation will not be reimbursed. A candidate, if found ineligible for the post will not be permitted to appear for the interview and will not be reimbursed any fare.
xvi. SBI RESERVES THE RIGHT TO CANCEL THE RECRUITMENT PROCESS ENTIRELY AT ANY STAGE.