SBI SO Recruitment 2020: SBI SO Recruitment 2020 Notification Released Officially!!! Details regarding the SBI SO Vacancy, Eligibility Criteria and Apply Online are available at SBI Careers. Interested candidates shall refer to the SBI SO Official Notification and start your Specialist Officers Online Application Process here.
State Bank of India one of the biggest public sector bank networks in India has released the recruitment notification in the adv no CRPD/SCO/2020-21/19. The notification is about the recruitment of Specialist Officer post in Credit Analyst Executive (FI & MM) & various other posts. The board is ready to fill about 445 vacancies throughout the various locations. The SBI SO Apply Online 2020 link is get activated on 23.06.2020. Interested candidates shall refer to the official notification to know the prescribed eligibility criteria and recruitment process. The final date for the submission of the SBI SO Online Application process get ends on 13-07-2020. Candidates have to pay some amount of application fee through an online mode. Further details regarding the SBI SO Notification 2020 are available here below for your reference.
SBI SO Recruitment 2020
SBI SO Vacancy 2020 |
|
| Name of an Organization | State Bank of India |
| Recruitment Name | SBI SO Recruitment 2020 |
| Job Role | Various posts |
| Job Location | Anywhere in India |
SBI SO Vacancy 2020:
| Advt No | Category | Vacancy |
| 03/2020-21 | Head (Product, Investment & Research) | 01 |
| Central Research Team (Portfolio Analysis & Data Analytics) | 01 | |
| Central Research Team (Support) | 01 | |
| Investment Officer | 09 | |
| Project Development Manager (Technology) | 01 | |
| Relationship Manager | 48 | |
| Relationship Manager (Team Lead) | 03 | |
| 04/2020-21 | Vice President (Stressed Assets Marketing) | 01 |
| Chief Manager (Special situation Team) | 03 | |
| Deputy Manager (Stressed Assets Marketing) | 03 | |
| 06/2020-21 | Deputy Manager (IS Audit) | 8 |
| 09/2020-21 | Â Banking Supervisory Specialist | 1 |
| Manager – Anytime Channel | 1 | |
| 10/2020-21 | Executive (FI & MM) | 241 |
| Sr Executive (Social Banking & CSR | 85 | |
| 11/2020-21 | Sr Executive | 06 |
| 18/2020-21 | Product Manager | 06 |
| Manager (Data Analyst) | 02 | |
| Manager (Digital Marketing) | 01 | |
| Â 17/2020-21 | Â Faculty | 03 |
| 19/ 2020-21 | SME Credit Analyst | 20 |
SBI SO 2020 Apply Online: Important Dates
Starting Date to Apply Online: 23-06-2020
The Final Date for the Submission: 13-07-2020
SBI Careers: Age Limit (As on 01.01.2020)
As per the prescribed age criteria given in the official notification candidates should possess
Minimum: 25 years
Maximum: 35 years
Relaxation is applicable as per the rules
SBI SO Notification 2020: Educational Qualification
As per the prescribed educational qualification given in the official notification, candidates should possess
SME Credit Analyst:
CA/ MBA (Finance) / PGDM (Finance)/PGDBM(Finance) or equivalent post-graduation degree (Two years full-time regular course) from Recognized University/College.
Head (Product, Investment & Research):
Graduation/ PGÂ with Relevant Experience
Central Research Team (Portfolio Analysis & Data Analytics
MBA/ PGDM/ PGÂ (Relevant Disciplines) with Relevant Experience
Central Research Team (Support):
Graduation/ PGÂ (Relevant Disciplines) with Relevant Experience
Investment Officer:
Graduation/ PG with Relevant Experience
Project Development Manager (Technology):
MBA/ MMS/ PGDM/ M.E/ M.Tech/ B.E/ B.Tech with Relevant Experience
Relationship Manager & Relationship Manager (Team Lead):
Graduation with Relevant Experience
Vice President (Stressed Assets Marketing)/Chief Manager (Special situation Team)/Deputy Manager (Stressed Assets Marketing)
CA/ MBA/ CMA/ ACS/ PGDM/ PG (Management) with Relevant Experience
Deputy Manager (IS Audit):
BE/ B.Tech (Relevant Disciplines) with Relevant Experience
Banking Supervisory Specialist:
Graduation/ PG with Relevant Experience
Manager – Anytime Channel:
BE/ B.Tech & MBA/ PGDM with Relevant Experience
Executive (FI & MM)/Sr Executive (Social Banking & CSR):
Graduation with Relevant Experience
Sr Executive & Product Manager:
BE/ B.Tech (Relevant Disciplines) with Relevant Experience
Manager (Data Analyst):
Graduation (Relevant Disciplines) with Relevant Experience
Manager (Digital Marketing):
MBA(Marketing)/ PGDM(Marketing)/ PGDBM (Marketing)/ MMS (Marketing) with Relevant Experience
Faculty:
PGÂ with Relevant Experience
SBI SO Recruitment 2020: Essential Qualification
- 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 a 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
SBI SO Vacancy 2020: Job Profiles & KRA
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
KRA 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.
SBI Careers: SO Pre Sanction Stage
Pre- Sanction Stage:
- Ensuring compliance of KYC norms.
- Updation of periodical due diligence reports as per RBI guidelines.
- Obtaining data/information from customers for the 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 the 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 sanctioned on a standalone basis.
- Periodical inspections as per the instructions of the Relationship Manager.
SBI SO Notification 2020:
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 pricing/concession to be prepared for verification/checking by Relationship Manager (And for submission to Concurrent 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 a resolution of the issues involved.
- Assisting Relationship Manager in preparation of the 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 the 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)
- BG Opened(Volume)
- Forex Volume
- Gross Interest Income
SBI SO Apply Online 2020: Application Process
Application Mode: Online
Application Fee:
General/ OBC/EWS: (Non-refundable): Rs 750/-
SC/ST/PWD: NIL
Payment Mode: Candidates are required to pay the fees through the payment gateway integrated with the application. The payment can be made by using Debit Card/ Credit Card/ Internet Banking
No change/ edit in the application will be allowed thereafter.
SBI SO Recruitment 2020: Selection Process
The board will conduct the selection process based on
(i) Shortlisting
(ii) Interview
(i) Shortlisting:
Mere fulfilling minimum qualification and experience will not vest any right in a candidate for being called for interview. The Shortlisting Committee constituted by the Bank will decide the shortlisting parameters and thereafter, an 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
(ii) Interview:
The interview will carry 100 marks. The qualifying marks in the interview will be decided by the Bank. No correspondence will be entertained in this regard.
Merit List:
The merit list for selection will be prepared in descending order on the basis of scores obtained in the interview only. In case more than one candidate scores 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.
SBI SO Salary:
The qualified candidates will get 42020-1310/5-48570-1460/2-51490.
The scale of pay applicable to different grades is furnished above. The official will be eligible for DA, HRA, CCA, PF, Contributory Pension Fund, LFC, Medical Facility, etc. as per rules in force from time to time.
SBI SO Notification 2020: Important Links
Official Site: Click Here
Notification
| 03/2020-21 | 04/2020-21 | 06/2020-21 | 09/2020-21 | 10/2020-21 |
| 11/2020-21 | Â 17/ 2020-21 | 18/2020-21 | Â 19/ 2020-21 |
Apply Online:
| 03/2020-21 | 04/2020-21 | 06/2020-21 | 09/2020-21 | 10/2020-21 |
| 11/2020-21 | Â 17/ 2020-21 | 18/2020-21 | Â 19/ 2020-21 |
How to apply online for SBI SO Recruitment 2020?
- Candidates kindly visit the official site sbi.co.in.
- You will get into the official site.
- In the home page, there will be a link regarding careers.
- Click on that you will get into the respective page.
- In that find the exact link regarding the latest announcements.
- Under that find the exact regarding the recruitment of Specialist Officers on regular basis adv no CRPD/SCO/2020-21/19.
- Click on that you will get the official notification.
- Refer to the notification to know the prescribed eligibility criteria and recruitment process.
- Start your online application process.
- Fill all the mandatory fields.
- Submit your SBI SO Online application on or before the last date.
Related Article:
