Last Date for Submission of Application is on 16th June, 2022.
No.of Posts and Vacancies :-
Risk Specialist - 14 Posts
Job Location - Mumbai
Education Qualification :
Recruitment Of Specialist Cadre Officers In SBI On Regular Basis
State Bank of India invites Online application from Indian citizens for appointment to the following Specialist Cadre Officers posts on regular basis. Candidates are requested to apply Online through the link given on Bank’s website https://bank.sbi/careers or https://www.sbi.co.in/careers
1. Position: Risk Specialist - Sector
2. Total Vacancy: 05
3. Place of posting: Mumbai
4. Qualifications: i. Chartered Accountant (CA), or ii. CFA, or iii. MBA/PGDM (Finance /Data Analytics/Business Analytics) or its equivalent as full-time course from recognised institute, or iv. M.Sc. (Statistics)
5. Preferred Qualifications: Financial Risk Manager (FRM) by GARP,or Professional Risk Managers by PRMIA
6. Experience As On 31/03/2022: Minimum 2 years for post no. 1 and Minimum 4 years for post no. 2 post qualification experience in Financial institutions/ Rating Agencies/ Brokerage Firms/Large Trading House with domain knowledge across sector/industry,experience, in primary/secondary research, experience in risk modelling, data analysis, report writing, etc
7. Salary: Rs. (48170-1740/1-49910-1990/10-69810)
1. Position: Risk Specialist - Sector
2. Total Vacancy: 02
3. Place of posting: Mumbai
4. Qualifications: i. Chartered Accountant (CA), or ii. CFA, or iii. MBA/PGDM (Finance /Data Analytics/Business Analytics) or its equivalent as full-time course from recognised institute, or iv. M.Sc. (Statistics)
5. Preferred Qualifications: Financial Risk Manager (FRM) by GARP,or Professional Risk Managers by PRMIA
6. Experience As On 31/03/2022:
7. Salary: Rs. (48170-1740/1-49910-1990/10-69810)
1. Position: Risk Specialist - Credit
2. Total Vacancy: 01
3. Place of posting: Mumbai
4. Qualifications: i. Chartered Accountant (CA), or ii. CFA, or iii. MBA/PGDM (Finance /Data Analytics/Business Analytics) or its equivalent as full-time course from recognised institute, or iv. M.Sc. (Statistics)
5. Preferred Qualifications: Financial Risk Manager (FRM) by GARP,or Professional Risk Managers by PRMIA
6. Experience As On 31/03/2022: Minimum 4 years post qualification experience in Risk Related work in Credit Risk and risk modelling in Financial Institutions /Rating Agencies/Brokerage firms.
7. Salary: Rs. (63840-1990/5-73790-2220/2-78230)
1. Position: Risk Specialist - Climate Risk
2. Total Vacancy: 01
3. Place of posting: Mumbai
4. Qualifications:
Minimum Post Graduate/Master’s degree in Environmental Management or Environmental Sciences or Climate Change or Climate Finance or Disaster Management or Natural Resource Management or Geography or Urban Planning or Agriculture Sciences from a recognised university with first class or equivalent with a consistently good academic record throughout.
5. Preferred Qualifications: Financial Risk Manager (FRM) by GARP, or Professional Risk Managers by PRMIA, or Sustainability and Climate Risk by GARP
6. Experience As On 31/03/2022: Minimum 4 years post qualification experience in Risk Related work in Credit Risk and risk modelling in Financial Institutions /Rating Agencies/Brokerage firms.
7. Salary: Rs. (63840-1990/5-73790-2220/2-78230)
1. Position: Risk Specialist - IND AS
2. Total Vacancy: 03
3. Place of posting: Mumbai
4. Qualifications: i. Chartered Accountant (CA), or ii. CFA, or iii. MBA/PGDM (Finance /Data Analytics/Business Analytics) or its equivalent as full-time course from recognised institute, or iv. M.Sc. (Statistics)
5. Preferred Qualifications: Financial Risk Manager (FRM) by GARP,or Professional Risk Managers by PRMIA
6. Experience As On 31/03/2022: Minimum 4 years post qualification experience in Risk Related work in Credit Risk and risk modelling in Financial Institutions /Rating Agencies/Brokerage firms.
7. Salary: Rs. (63840-1990/5-73790-2220/2-78230)
1. Position: Risk Specialist - Market Risk
2. Total Vacancy: 02
3. Place of posting: Mumbai
4. Qualifications: i. Chartered Accountant (CA), or ii. MBA/PGDM (Finance /Data Analytics/Business Analytics) or its equivalent as full-time course from recognised institute, or iii. M.Sc. (Statistics)
5. Preferred Qualifications: Financial Risk Manager (FRM) by GARP, or Professional Risk Managers by PRMIA, or CFA
6. Experience As On 31/03/2022: Minimum 4 years post qualification experience in Financial Institutions/Rating Agencies/Brokerage Firms/Trading House with domain knowledge across Market Risk.
7. Salary: Rs. (63840-1990/5-73790-2220/2-78230)
8. ADVERTISEMENT NO: CRPD/SCO/2022-23/10
Age Limit
Maximum Age (As on 31.03.2022): 40 Years
Application Fees
Application fees and Intimation Charges (Non-refundable) is 750/- ( Seven Hundred Fifty only) for General/EWS/OBC candidates and no fees/intimation charges for SC/ ST/ PWD candidates
General Information:
I. Before applying for the post, the applicant should ensure that he/ she fulfils 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. Candidates belonging to reserved category including, for whom no reservation has been mentioned, are free to apply for vacancies announced for General category provided they must fulfil all the eligibility conditions applicable to General category.
III. In Case It Is Detected At Any Stage Of Recruitment That An Applicant Does Not Fulfil 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 Cancelled. If Any Of These Shortcomings Is/ Are Detected Even After Appointment, His/ Her Services Are Liable To Be Terminated.
IV. The applicant should ensure that the application is strictly in accordance with the prescribed format and is properly and completely filled.
V. Appointment of 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.
VI. Candidates are advised to keep their e-mail ID active for receiving communication viz. call letters/ Interview date advices etc.
VII. The Bank takes no responsibility for any delay in receipt or loss of any communication.
VIII. Candidates serving in Govt./ Quasi Govt. offices, Public Sector undertakings including Nationalised Banks and Financial Institutions are advised to submit ‘No Objection Certificate’ from their employer at the time of interview, failing which their candidature may not be considered and travelling expenses, if any, otherwise admissible, will not be paid.
IX. In case of selection, candidates will be required to produce proper discharge certificate from the employer at the time of taking up the appointment.
X. 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.
XI. Decisions Of Bank In All Matters Regarding Eligibility, Conduct Of Interview, Other Tests And Selection Would Be Final And Binding On All Candidates. No Representation Or Correspondence Will Be Entertained By The Bank In This Regard.
XII. 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.
XIII. 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.
XIV. In case of multiple application, 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.
XV. 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.
Important Points:
i. Candidates applying for post sr. nos. 1 & 2 can apply for both posts.
ii. The number of vacancies including reserved vacancies mentioned above is provisional and may vary according to the actual requirement of the Bank.
iii. Candidate must possess the relevant full-time experience as on specified date.
iv. The relevant experience certificate from employer must contain specifically that the candidate had experience in that related field as required.
v. Candidate belonging to reserved category including Person with Disabilities for whom no reservation has been mentioned are free to apply for vacancies announced for General category provided they fulfil all the eligibility criteria applicable to General category.
vi. The reservation under various categories will be as per prevailing Government Guidelines.
vii. PWD candidate should produce a certificate issued by a competent authority as per the Government of India Guidelines.
viii. Relaxation in age is as per Govt. of India Guidelines.
Selection Process
1. The selection will be based on shortlisting and interview.
2. Shortlisting:
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 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. The shortlisted candidates will be called for interview
3. Interview: Interview will carry 100 marks. The qualifying marks in interview will be decided by the Bank. No correspondence will be entertained in this regard.
4. 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 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 list.
How to Apply
1. Online Registration Of Application & Payment Of Fees: From 27.05.2022 To 16.06.2022
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 Upload Document”).
iii. Candidates should fill the application carefully. Once application is filled-in completely, candidate should submit the same. In the event of candidate not being able to fill the application in one go, he can save the information already entered.
a. 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.
b. This facility of editing the saved information will be available for three times only. Once the application is filled completely, 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.
2. Details of Document to be uploaded:
i. Brief Resume (PDF)
ii. ID Proof (PDF)
iii. Proof of Date of Birth (PDF)
iv. PWD certification (if applicable) (PDF)
v. Educational Certificates: Relevant Mark-Sheets/ Degree Certificate (PDF)
vi. Experience certificates (PDF)/Driving Licence (Two-wheler) (PDF)
vii. Form-16/Offer Letter/Latest Salary slip from current employer (PDF)
viii. NOC (If applicable) (PDF)
ix. Recent Photograph
x. Signature