South Indian Bank 2021 Jobs Recruitment Notification. South Indian Bank inviting applications for the positions of Officers/ Executives. Interested and Eligible candidates can apply for the positions.
Last Date for Submission of Application is on 30th Jan, 2021.
No.of Posts and Vacancies :
Officers/ Executives - 01 Post
Qualification Details:
The South Indian Bank Ltd., a Premier Scheduled Commercial Bank in India, invites applications from Indian Nationals for various roles in Sales, Credit and Collection domains.
1. Name of the Post: Officers/ Executives
2. Eligibility Criteria (as on 31.12.2020):
a) Sales: Zonal Sales Head, Regional Sales Head
i) Educational Qualification: Minimum Graduation
ii) Work Experience: Minimum 12 years, Minimum 8 years
b) Credit: Credit Head, Zonal Credit Head, Regional Credit Head, Head - Stock Monitoring & Credit
i) Educational Qualification: Minimum CA/ Post-Graduation
ii) Work Experience: Minimum 15 years, Minimum 10 years, Minimum 6 years, Minimum 4 years
c) Collection: Regional Collection Head
i) Educational Qualification: Minimum Graduation
ii) Work Experience: Minimum 8 years
3. Terms Of Employment: Probation Period 3 months
4. Compensation Package: Compensation shall be fixed by the management based on the knowledge and experience of the applicant. Will be eligible for Performance Linked Incentives (PLI) and all other benefits as applicable to the Scale in which the applicants are recruited
5. Job Description/ Core Competencies:
a)Sales : Experience in sales and distribution of asset products, preferably home loan. Experience in handling channel sales and managing large teams. Collect market potential and competition date. Create distribution channels. Monitor weekly and monthly targets for each region and channel. Run schemes in local areas based on potential. Work closely with the RH-Liabilities for ensuring sourcing from branches. Convert existing customer through digitised platform. Tie up and work with local CA and wealth advisors. Tie up with Builders in case of home loans. Build relationship with local industry and merchant’s associations. Build relationship with brokers. Ensure health of portfolio as per the budget. Meet the budgeted target for topline and bottom-line.
b) Credit: Experience in handling credit function in retail business. Experience in making policy and understanding risk. Responsible for drawing up the credit policy for home loan/ lap business. Responsible for hiring and training of the credit policy to the credit team. Responsible for underwriting of the cases across the credit team within stipulated TAT. Working with stakeholders with common objective of achieving the organizational goals and objectives. Conduct regular reviews on the health of the portfolio and the hind sighting of the cases. Ensuring that the policies and underwriting is compliant with the existing guidelines. Responsible for the delinquencies esp. the nonstarter cases.
c) Collection: Experience in handling collections, agencies, large teams. Having knowledge of SARFAESI Acts and have handled home loan collections. Empanel agencies for collecting the over dues from customers. Monitor the allocation of the customers in the delinquent bucket to each of the agencies. Keep track on nonstarters and take early action on them. Arranging payment pick up, Negative pin codes identifications. Initiate legal actions on relevant cases. Meet the budgeted target on delinquency. Reduce roll forwards. Organise awareness campaign on prompt payment and its positive impact. Ensure adherence to compliance, SARFAESI and one time settlements to be taken care.
Application Fee:
Rs.800/- (excluding GST and other applicable charges)
General Conditions:
1. Before filling in the online application form, the applicant must ensure that he/she fulfills all the eligibility criteria with respect to educational qualifications, work experience etc. in respect of the post for which he/she is making the application. The applicants will be called for Interview based on the information provided in the online application form submitted by them. If any of the information furnished by the applicant is found to be false at later date, the selection / appointment is liable for termination.
2. Applicants are advised to retain two copies of the same photograph which is used in the application for use at the time of Interview.
3. Canvassing in any form will be a disqualification.
4. Applicants will have to appear for Interview on their own.
5. Applicants willing to serve anywhere in India only need to apply.
6. Appointment will also be subject to Medical fitness, satisfactory background verification and completion of other formalities as per the rules and regulations of the Bank from time to time.
Important Dates:
1. Online Application - Start Date 20.01.2021
2. Online Application - End Date 30.01.2021
Selection Process:
1. Adequate number of shortlisted applicants will be called for Interview.
2. Mere eligibility will not vest any right on the applicant for being called for Interview.
3. Bank reserves the right to make required modifications in selection process considering number of applications for the post and also decide the number of applicants to be called for Interview.
4. In matters regarding eligibility and selection, Bank’s decision will be final and no further correspondence will be entertained.
How to Apply:
1. Applicants can apply online through Bank’s website www.southindianbank.com only from 20.01.2021 to 30.01.2021 and no other mode of application will be accepted.
a) Ensure that the applicant fulfils all the eligibility criteria.
b) The applicants are requested to ensure that the information provided in the Online-Application Form is correct before submitting the application form.
c) There will not be any provision to modify the submitted online application. Applicants are requested to take utmost care while filling up the online application.
d) Applicants making multiple registrations will be disqualified.
e) Applicants will have to enter their basic details and upload the photograph, signature and Curriculum Vitae (CV) as per the specifications given below. Copies of the photograph may be retained for use at the time of Interview.
2. Guidelines for uploading Photograph: A recent passport size colour photograph should be used. Make sure that the picture is taken in a white background. Casual photographs wearing caps/hats/dark glasses will not be accepted. Resolution: 140 pixels (height) x 110 pixels (width). Ensure that the size of the scanned image is not more than 50kb.
3. Guidelines for uploading Signature: The applicant should sign on a white paper with black ink pen and upload the same, Resolution: 110 pixels (height) x 140 pixels (width), Ensure that the size of the scanned image is not more than 50kb.
4. Guidelines for uploading Curriculum Vitae (CV): The CV should be in PDF format, Ensure that the size of the file is not more than 1 MB.