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SIDBI 2022 Jobs Recruitment Notification of DMD Posts


Small Industries Development Bank of India 2022 Jobs Recruitment Notification. SIDBI inviting applications for the positions of Deputy Managing Director. Interested and Eligible candidates can apply for the positions.

Last Date for Submission of Application is on 21st February, 2022.

No.of Posts and Vacancies :-

Deputy Managing Director - 03 Posts

Job Location - Mumbai

Education Qualification :

Banks Board Bureau invites applications from qualified candidates for the post of the Deputy Managing Director – Lending and Project Finance (DMD – L&PF) of NaBFID on a full-time basis.

1. Post Name: Deputy Managing Director – Lending and Project Finance

2. Minimum Educational Qualification: Post-graduate or equivalent or professional qualification of CA / MBA or equivalent.

3. Experience: Minimum 20 years of experience as of 31st January 2022 in any mainstream banking or financial lending business such as Scheduled Commercial Banks (SCBs), AIFIs, NBFCs, or multilateral institutions with

(a) Candidate should have at least two years of experience at a Board level position as of 31st January 2022, including part or whole of this experience in an institution with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021 and

(b) Candidate should have current or prior exposure to project Finance, as of 31st January 2022 Candidate should have at least five years of experience in the Project Finance function with two years of experience as the *Head of Project Finance as of 31st January 2022 in such institutions with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021

(c) The incumbency of Board level position/ Head of Project Finance function/ five years of experience in the Project Finance function should not be older than three years prior to 31st January 2022. *In case candidate is part of a Bank/ Institution which does not have a designated project finance function but has been involved in project finance currently or in past, will be required to submit a synopsis of such experience.

4. Tenure: Candidate shall hold office for a term not exceeding five years as prescribed by Central Government and shall be eligible for re-appointment subject to an overall term not exceeding ten years; provided that he/she shall not hold office after attaining the age of sixty-two years

5. Salary & Allowances : The salaries and allowances payable to the Deputy Managing Director shall be guided by market standards and be governed by regulations made by the Board of NaBFID in this behalf

1. Post Name: Deputy Managing Director – Chief Financial Officer

2. Minimum Educational Qualification: Post-graduate or equivalent or professional qualification of CA / MBA or equivalent.

3. Experience: Minimum 20 years of experience as of 31st January 2022 in any mainstream banking or financial lending business such as Scheduled Commercial Banks (SCBs), AIFIs, NBFCs, or multilateral institutions with

(a) Candidate should have at least two years of experience at a Board level position as of 31st January 2022, including part or whole of this experience in an institution with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021 and

(b) Candidate should have at least five years of experience in the Finance or the Treasury function with at least two years of experience as CFO or the Head of Treasury as of 31st January 2022 in such institutions with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021 older than three years prior to 31st January 2022.

(c) The incumbency of Board level position/ Head of Project Finance function/ five years of experience in the Project Finance function should not be older than three years prior to 31st January 2022. *In case candidate is part of a Bank/ Institution which does not have a designated project finance function but has been involved in project finance currently or in past, will be required to submit a synopsis of such experience.

4. Tenure: Candidate shall hold office for a term not exceeding five years as prescribed by Central Government and shall be eligible for re-appointment subject to an overall term not exceeding ten years; provided that he/she shall not hold office after attaining the age of sixty-two years

5. Salary & Allowances : The salaries and allowances payable to the Deputy Managing Director shall be guided by market standards and be governed by regulations made by the Board of NaBFID in this behalf

1. Post Name: Deputy Managing Director – Chief Risk Officer

2. Minimum Educational Qualification: Post-graduate or equivalent or professional qualification of CA / MBA or equivalent.

3. Experience: Minimum 20 years of experience as of 31st January 2022 in any mainstream banking or financial lending business such as Scheduled Commercial Banks (SCBs), AIFIs, NBFCs, or multilateral institutions with

(a) The candidate should have at least two years of experience at a Board level position as of 31st January 2022, including part or whole of this experience in an institution with a balance sheet of more than Rs. 3 lakh crore as of 31.03.2021 and

(b) The candidate should have current or prior exposure to the Risk function as of 31st January 2022.

(c) Candidate should have at least five years of experience in Risk Management function with two years of experience as the Head of Risk as of 31st January 2022 in such institutions with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021

(d) The incumbency of Board level position /Head of Risk/ experience in Risk Management function should not be older than three years prior to 31st January 2022.

4. Tenure: Candidate shall hold office for a term not exceeding five years as prescribed by Central Government and shall be eligible for re-appointment subject to an overall term not exceeding ten years; provided that he/she shall not hold office after attaining the age of sixty-two years

5. Salary & Allowances: The salaries and allowances payable to the Deputy Managing Director shall be guided by market standards and be governed by regulations made by the Board of NaBFID in this behalf.

Age Limit

At least 45 years and not more than 55 years, as of 31st January 2022

General Instructions:

i) Candidates should satisfy themselves about their eligibility for the post applied for.

ii) Candidates may be required to execute a Non-Disclosure Agreement with the Banks Board Bureau before appearing for interactions.

iii) In case of selection, candidates who are expected to get NOC may be required to produce a proper discharge certificate/NOC from the employer when taking up the appointment.

iv) Candidates are advised in their own interest to fill in the application form and upload the necessary documents as per the application form much before the closing date and not to wait till the last date.

v) BBB 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 BBB.

vi) Candidates are advised to keep their e-mail ID alive for receiving advice, viz. Call Letters/Personal Interview date etc.

vii) Decisions of BBB in all matters regarding eligibility, the conduct of Personal Interviews, other tests, and selection would be final and binding on all candidates. No representation or correspondence will be entertained by BBB in this regard.

viii) The appointment of the selected candidate will be by the Board of Directors of NaBFID subject to the service and conduct rules of NaBFID. ix) Any legal proceedings regarding any matter of claim or dispute arising out of this advertisement and/or an application in response thereto can be instituted in Mumbai, and courts/tribunals/forums at Mumbai shall have sole and exclusive jurisdiction to try any cause/dispute.

x) Candidates called for Personal Interviews will be paid Airfare (Economy Class)/ 1-AC railway fare on production of actual bills

Documents

BBB may call for the following documents in original. The same may be uploaded in the online application form under the relevant section.

i) Resume

ii) Declaration of vigilance profile of candidate 

iii) Self-certified documentary evidence to substantiate that the balance sheet of the firm in which the applicant has prior experience at a Board level position or at least five years of experience in the Risk Management function with two years of experience as the Head of Risk as of 31st January 2022 was more than Rs. 3 lakh crore as on March 31, 2021

iv) Photo Identify Proof such as Passport/Aadhaar/e-Aadhaar Card/PAN Card/Driving License/Voter's Card

v) Mark sheets and certificates for educational qualifications

vi) Work Experience: Documentary proofs such as Experience Certificates from past and current employers, Appointment Letters, Relieving Letters, Pay or Salary Slips to verify the date of joining and relieving, designation at the time of joining, date of promotion with designation, if any.

vii) Candidates serving in Government / Quasi-Government offices / Public Sector Undertakings (including Nationalized Banks and organisations) must upload a “No Objection Certificate” from their employer.

viii) Any other relevant documents in support of eligibility

It may be noted that incomplete applications or the applications submitted without the requisite documents in the desired format would be summarily rejected.

Selection Procedure

1. Selection will be based on Shortlisting and Personal Interviews. Applications received shall be screened and shortlisted based on experience and eligibility conditions. The candidates may be called for preliminary interactions to determine their eligibility.

2. Candidates will be shortlisted based on their qualifications, experience, and overall suitability for Personal Interviews. Selection of the candidate will be done by NaBFID on the recommendation of the Banks Board Bureau (BBB). In order to canvass/ reach out to a wider pool of candidates, NaBFID retains the right to additionally avail services of third parties (including recruitment agencies) to suggest potential candidates.

3. Such potential candidates, if determined to be eligible, in terms of this advertisement (or recruitment notice) shall be invited to appear before the evaluation process to be carried out by BBB. Confidentiality of the selection process will be maintained.

How to Apply 

1. The last date for submitting the complete online application is 21st March, 2022 by 5 pm IST. Before applying, candidates are advised to ensure that they fulfill the stipulated eligibility criteria. 

2. All applicants are required to apply online by submitting the details and scanned copies of the relevant documents. The link to the application is available on the BBB website https://banksboardbureau.org.in under the vacancies tab.

3. Kindly do not submit multiple applications for the same role or multiple roles. In case of multiple applications, the last submitted application will be considered based on the date/time of submission. In such cases, no part of the earlier submitted applications, including uploads shall be considered.

Incomplete applications shall not be considered.

4. Interested candidates who fulfill the eligibility criteria may apply online on https://banksboardbureau.org.in

Official Notification

Apply Now

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