Job Description
State Bank of India announced job notification for the positions of Sector Credit Specialists (Grade: MMGS-III / SMGS-IV) in the department of Central Recruitment & Promotion Department and in section of , . This job position Sector Credit Specialists (Grade: MMGS-III / SMGS-IV) located in Mumbai and in state maharashtra. This job position is categorized as '' jobs.
The educational qualifications for this job position Sector Credit Specialists (Grade: MMGS-III / SMGS-IV) specified as Charted Accountant / MBA (Finance))/ Master in Finance Control/ Master in Management Studies/ PGDM (Finance).. Eligibility conditions for job position Sector Credit Specialists (Grade: MMGS-III / SMGS-IV) mentioned as and required experience levels for this job position Sector Credit Specialists (Grade: MMGS-III / SMGS-IV) are as follows MMGS-III: Minimum 5 years & SMGS-IV: Minimum 8 years Experience In Banks/ PSUs/ Corporates in High Value Credit / Analysis in any of the following Sectors: a. Engineering & EPC b. Banks & NBFC c. Metal & Metal Products d. Chemicals / Pharmaceuticals / Fertilizers / Plastics e. Other Manufacturing f. Other Non-Manufacturing g. International Credit..
The salary or payscale for Sector Credit Specialists (Grade: MMGS-III / SMGS-IV) is For MMGS-III Rs.19.50 lakhs p.a. For SMGS-IV RS.23.00 lakhs p.a..
The total number of vacancies or positions are 19. Out of which for General/Un-Reserved/OC (Other Castes) vacancies are 11. For OBC (Other Backward Classes) total positions reserved are 5. For SC (Scheduled Castes) category job positions reserved are 2 and for ST (Scheduled Tribes) category job positions reserved are 1. For all other categories of reservations total positions alloted are LD(OL):1.
The minimum and maximum age limits to apply for job Sector Credit Specialists (Grade: MMGS-III / SMGS-IV) is minimum age limit is 25 and maximum age limit is 35.
The more and other important information related to this job specified as For any query, please write to us through link “CONTACT US/ Post Your Query” which is available on Bank’s website (URL - https://bank.sbi/careers OR https://sbi.co.in/careers) This advertisement is also available on Bank’s Website https://bank.sbi/careers OR https://www.sbi.co.in/careers Selection Process: 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. Candidates are advised to check Bank's website https://bank.sbi/careers or https://www.sbi.co.in/careers regularly for details and updates (including the list of shortlisted/ qualified candidates). The Call letter/ advice, where required, will be sent by e-mail only (No hard copy will be sent). Phone: 022-22820427; Fax: 022-22820411; E-mail: crpd@sbi.co.in JOB PROFILE AND KRAS: Responsible for Review credit proposals in a completely independent manner and give objective recommendations on pre-clearance/ approval to the sector head Responsibilities & Functions i. Financial Analysis Develop and maintain standard or bespoke financial models for the relevant sectors Conduct detailed financial analysis (e.g ratio analysis, scenario analysis, etc.) during proposal verification Carry out an independent pricing of the loans to ensure adequate risk-adjusted returns Understand the implications of the client’s contracts, guarantees, contingent liabilities on cash flows ii. Client Diligence Carry out plant visits, client interactions and distribution channel checks to validate and confirm the credit appraisal and Financial analysis (if required on a case to case basis) iii. Tracking Sectoral/Macroeconomic Developments Actively monitor developments in the sector to update the Financial model assumptions. KRAs % received proposals recommended to credit committee % received exposure value recommended to credit committee RARoC for loans approved % proposals reviewed within target TAT % sectoral exposure rated SMA2 and below % proposals with errors during DGM review
Important dates to be remembered related to this notification are as follows.
Date of Issue of Notificaition : . Applications will be issued from date and last date to submit applications is . The admit cards will be issued from to . The Priliminary Examinations will start from and will lasts upto date of .
The Preliminary Examinations Results will be announced on date . The Main Examinations will start from date and will ends on . The answer keys for mains examinations will be announced on . The results for Main Examinations will be declared or announced on date . Job Interviews for this job positions Sector Credit Specialists
(Grade: MMGS-III / SMGS-IV) will be held from date and will ends on date . The final results or shortlisted persons for this job Sector Credit Specialists
(Grade: MMGS-III / SMGS-IV) will be announced on .
This notification issued by which is located in city and in state .
For More Details related to this Notificaition, for Complete Job Details and for complete Notificaition, Please visit the official website of organization .
Voila!!! Happy Jobing.. :)
Job Organization / Department
- state bank of india
- central recruitment & promotion department
Job Positions
- Sector Credit Specialists (Grade: MMGS-III / SMGS-IV)
Job Educational Qualifications
- charted accountant / mba (finance))/ master in finance control/ master in management studies/ pgdm (finance).
Job Eligibility Details
Job Experience Requirements
- mmgs-iii: minimum 5 years & smgs-iv: minimum 8 years experience in banks/ psus/ corporates in high value credit / analysis in any of the following sectors: a.
- engineering & epc b.
- banks & nbfc c.
- metal & metal products d.
- chemicals / pharmaceuticals / fertilizers / plastics e.
- other manufacturing f.
- other non-manufacturing g.
- international credit.
Job City, State
- Mumbai, maharashtra
Job Total Vacancies
- 19
Job Reservation Details
- General / Un-Reserved : 11
- OBC : 5
- SC : 2
- ST : 1
- Others : LD(OL):1
Job Payscale / Salary
- For MMGS-III Rs.19.50 lakhs p.a. For SMGS-IV RS.23.00 lakhs p.a.
Job Age Details
- Minimum Age : 25
- Maximum Age : 35
Job More Information
- for any query, please write to us through link “contact us/ post your query” which is available on bank’s website (url - https://bank.sbi/careers or https://sbi.co.in/careers) this advertisement is also available on bank’s website https://bank.sbi/careers or https://www.sbi.co.in/careers selection process: 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. candidates are advised to check bank's website https://bank.sbi/careers or https://www.sbi.co.in/careers regularly for details and updates (including the list of shortlisted/ qualified candidates).
- the call letter/ advice, where required, will be sent by e-mail only (no hard copy will be sent). phone: 022-22820427; fax: 022-22820411; e-mail: crpd@sbi.co.in job profile and kras: responsible for review credit proposals in a completely independent manner and give objective recommendations on pre-clearance/ approval to the sector head responsibilities & functions i.
- financial analysis develop and maintain standard or bespoke financial models for the relevant sectors conduct detailed financial analysis (e.g ratio analysis, scenario analysis, etc.) during proposal verification carry out an independent pricing of the loans to ensure adequate risk-adjusted returns understand the implications of the client’s contracts, guarantees, contingent liabilities on cash flows ii.
- client diligence carry out plant visits, client interactions and distribution channel checks to validate and confirm the credit appraisal and financial analysis (if required on a case to case basis) iii.
- tracking sectoral/macroeconomic developments actively monitor developments in the sector to update the financial model assumptions. kras % received proposals recommended to credit committee % received exposure value recommended to credit committee raroc for loans approved % proposals reviewed within target tat % sectoral exposure rated sma2 and below % proposals with errors during dgm review
Important Dates
Start Date | End Date | |
---|---|---|
Notification Issued | 29-Oct-2018 | |
Applications | 30-Oct-2018 | 22-Nov-2018 |
Admit Cards | ||
Examinations (Preliminary) | ||
Exam Results (Preliminary) | ||
Examinations (Mains) | ||
Answer Keys | ||
Exam Results (Mains) | ||
Interviews | ||
Final Results |
Notification Issued By
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