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SIDBI Recruitment 2024 New Opportunity Out, Check Vacancy, Post, Qualification and Application Procedure
by Sivasankari
Updated Oct 07, 2024
SIDBI Recruitment 2024
The Small Industries Development Bank of India (SIDBI) has announced recruitment for Junior Level Officer positions in Market Risk and Operational Risk management, with two vacancies based in Mumbai. Eligible candidates must possess qualifications such as CA, CFA, MBA, PGDM in Finance, or equivalent degrees like MSc in Risk Management, Maths, Statistics, or Economics. Additionally, BE/BTech graduates with professional risk certifications like FRM or PRM can apply. A minimum of two years of experience in relevant banking or financial roles is required. Compensation will be market-linked, with the possibility of performance-based increments.
The selection process involves shortlisting candidates based on eligibility, followed by a personal interview. Final merit lists will be created based on interview scores. Interested candidates must apply via email by October 18, 2024, attaching their Curriculum Vitae and necessary documents. Detailed guidelines, including how to apply and eligibility criteria, are available on SIDBI’s official website.
Company Name |
Small Industries Development Bank (SIDBI) |
Post Name |
Junior Level Officer |
No of Vacancies |
2 |
Location |
Mumbaii |
Last Date |
October 18, 2024 |
Official Website |
sidbi.in |
Qualification for SIDBI Recruitment 2024
- Junior Level Officer (Mid Office (Market Risk Manager)): CA/ CFA / MBA/MMS/MS/PGDM in Finance, MSc Risk Management, MSc/MA (Maths/Statistics/ economics). OR BE/BTech with professional qualifications viz. Financial Risk Manager (FRM) or Professional Risk Manager (PRM), etc.
- Prior experience of minimum 2 years in the mid office department and /or ALM desk of a bank / Financial institutions/ NBFCs
- Junior Level Officer (Operational Risk Manager) -: CA/ CFA / MBA/MMS/MS/PGDM in Finance, MSc Risk Management, MSc/MA (Maths/Statistics/ economics). OR BE/BTech with professional qualifications viz. Financial Risk Manager (FRM) or Professional Risk Manager (PRM), etc.
- Prior experience of minimum 2 years in Operational Risk Management function of a bank / Financial institutions/ NBFCs.
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Renumeration for SIDBI Recruitment 2024
- The renumeration would be at market linked compensation. The same shall not be a limiting factor for the right candidate and will beon case-to-case basis. The same shall not be a constraint for the suitable candidate.
- Apart from initial renumeration offered on Cost to Company (CTC) basis, there would be provision for Annual increment on CTC finalized initially, which shall be considered by the Bank based on the performance review from time to time.
Selection Procedure for SIDBI Recruitment 2024
- Selection would be by way of shortlisting and Personal Interview tobe held on a suitable date (to be informed in due course) before the
- Selection Committee. The Bank will undertake a preliminary screening of the applications, if necessary, for preparing a shortlist of eligible candidates to be called for interview.
- Thus, merely fulfilling the requirements laid down in the advertisement would not automatically entitle any candidate to be called for interview.
- The decision of the bank to call the eligible / suitable candidates for the interview shall be final and binding. 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. Wait List: SIDBI reserves the right to draw wait lists of candidates in different Grades and consider such wait listed candidate(s) for meeting actual requirement.
How To Apply for SIDBI Recruitment 2024
- Duly filled in application (typed in English or Hindi), as per the format available on the Bank’s website with a recent passport size photograph pasted thereon and Curriculum Vitae, bearing full signature of the candidate across the same with date, should be sent / forwarded only through email at [email protected] on or before October 18, 2024. While forwarding the respective applications, the subject line shall clearly indicate the following details only, viz. “Application for the post of >, > >.”
- Applications should be accompanied by self-attested copies of relevant certificate(s)/ documents, in support of proof of identity, address, age, educational qualification (educational certificates/mark -sheets), work experience, caste certificate, wherever applicable, as mentioned in the application form.
- An application not accompanied by photocopies/ scanned copies (in cases of applied online) of relevant certificate(s) / documents, or not in prescribed format or not signed by the candidate or incomplete in any respect or received after due date will not be entertained under any circumstances.
- Handwritten Applications/ or Curriculum Vitae shall be summarily rejected.
- In case where the certificate of Educational Qualification does not specify the marks obtained in absolute percentage terms (i. e. in cases otherwise than in percentage) as well as the field of specialization, the candidate will have to produce a certificate from the concerned University / Institute / College specifically mentioning the marks converted into percentage equivalent, as well as the specialization acquired.
- Bank reserves the right to cancel the engagement / recruitment process entirely/ partly for any particular post at any stage.
Notification PDF for SIDBI Recruitment 2024
Notification PDF for SIDBI Recruitment 2024 is available. To access the official notification, click on the provided link. Additionaly, the application link for SIDBI Recruitment 2024 is also provided.
Click For The Official Notification