SBI Recruitment – 554 Posts – Last Date 18 May 2017

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SBI Recruitment 2017

State Bank of India invites on-line applications from Indian citizens for recruitment in the post of Special Management Executive (Banking).
  • A candidate can apply for only one post under this project.
  • The process of Registration of application is complete only when fee is deposited with the Bank through online mode on or before the last date for fee payment.
  • Before applying, candidates are requested to ensure that they fulfil the eligibility criteria for the post as on the date of eligibility. Call for Online Test/Group Discussion/ Interview will be purely provisional without verification of documents. Candidature will be subject to verification of details/documents when the candidate report for interview.
  • Candidates are advised to visit Bank’s website https://bank.sbi/careers/ or https://www.sbi.co.in/careers for details and updates
Job Details :

  • Post Name : Special Management Executive (Banking) MMGS III
  • No. of  Vacancy : 273 Posts
  • Pay Scale : Rs. 31705-45950/-
  • Age Limit : 25 - 40 Years Age as on 31.03.2017
  • Educational Qualification : CA / ICWA / ACS / MBA (Finance) or equivalent post graduation degree in Finance. (The course should be of 2 years full time duration. Courses completed through correspondence / part-time are not eligible. The institute should be recognized / approved by Govt., Govt. bodies / AICTE).
  • Post qualification experience as on 31-03-2017 : Minimum 5 years post qualification experience as an executive in Supervisory / Management role in: a) A schedule Commercial Bank / Associate or subsidiary of a Schedule Commercial Bank OR b) A public sector Financial Institution/ Company or listed Financial Institution / Company. And Out of this a minimum 2 years experience in Corporate / SME Credit. Candidates having experience in processing of credit proposals are preferred.
  • Post Name : Special Management Executive (Banking) MMGS II
  • No. of  Vacancy : 281 Posts
  • Pay Scale : Rs. 31705-45950/-
  • Age Limit : 25 - 35 Years Age as on 31.03.2017
  • Educational Qualification : CA / ICWA / ACS / MBA (Finance) or equivalent post graduation degree in Finance. (The course should be of 2 years full time duration. Courses completed through correspondence / part-time are not eligible. The institute should be recognized / approved by Govt., Govt. bodies / AICTE)
  • Post qualification experience as on 31-03-2017 : Minimum 2 years post qualification experience as an executive in Supervisory / Management role in: c) A schedule Commercial Bank / Associate or subsidiary of a Schedule Commercial Bank OR d) A public sector Financial Institution/ Company or listed Financial Institution / Company. Candidates having experience in processing of credit proposals are preferred.
NOTE:

  • 1. Candidates belonging to OBC category but coming in the ‘creamy layer’ are not entitled to OBC reservation and age relaxation. They should indicate their category as ‘GENERAL’ or GENERAL (OH/VI/HI) as applicable.
  • 2. Maximum age indicated is for General category candidates. Relaxation in upper age limit will be available as detailed under Para 1 below.
  • 3. The number of vacancies including reserved vacancies mentioned above is provisional and may vary according to the actual requirement of the Bank.
  • 4. Reservation for PWD is horizontal and within the overall vacancies for the post.
RELAXATION IN UPPER AGE LIMIT :

1. Scheduled Caste/Scheduled Tribe
  • Age relaxation : 5 Years
2. Other Backward Classes (Non-Creamy Layer) 
  • Age relaxation : 3 Years
3. Persons With Disabilities (PWD)
  • Age relaxation : PWD (SC/ST) - 15 Years, PWD (OBC) - 13 Years, PWD (Gen) - 10 Years

4. Ex Servicemen, Commissioned officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than byway of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment.
  • Age relaxation : 5 Years
5. Persons Ordinarily domiciled in the Kashmir Division of the state of Jammu & Kashmir during the period 01.01.1980 to 31.12.1989.
  • Age relaxation : 5 Years
Notes for Orthopedically Handicapped (OH)/Visually Impaired (VI) candidates OH/VH Candidates who suffer from not less than 40% of relevant disability should posses disability certificate issued by Medical Board duly constituted by Central or State Government issued on or before the last date of online submission of application:

a) Only those OH candidates who have locomotors disability or cerebral palsy with locomotors impairment of minimum 40% and only those who fall in the following categories are eligible to apply:
  • MW - Muscular weakness and limited physical endurance
  • OL - One leg affected (R or L)
  • BL- Both legs affected but not arms
  • OA - One arm affected (R or L) - (a) Impaired reach; (b) Weakness of grip; (c) ataxia

b) Only those visually handicapped persons who suffer from any one of the following conditions are eligible to apply:
  • i) Total absence of sight.
  • ii) Visual acuity not exceeding 6/60 or 20/200 (Snellen) in the better eye with correcting lenses.
  • iii) Limitation of the field of vision subtending an angle of 20 degrees orworse.
c) Candidates having low vision as defined in Chapter I, Para 2 (u) of The persons with Disabilities (Equal opportunities, protections of rights and full participation) Act 1995.

d) Hearing Impaired: The deaf are those persons in whom the sense of hearing is nonfunctional for ordinary purposes of life i.e. total loss of hearing in both ears. They do not hear, understand sounds at all even with amplified speech. Hearing impairment means loss of sixty decibels or more in the better ear in the conversational range of frequencies.

e) At the time of online examination, only blind/ low vision candidates and those candidates whose writing speed is affected by cerebral palsy can use scribe/ writer at his/ her own cost. In all such cases where a scribe/ writer is used, the following rules will apply:

  • i) The candidate will have to arrange his/ her own scribe/writer at his/ her cost.
  • ii) The candidate will have to give a suitable undertaking, in the prescribed format at the time of online examination.
  • iii) Blind/ Low vision Candidates and other Candidates whose writing speed is affected by cerebral palsy whether availing the facility of scribe or not shall be allowed compensatory time of 20 minutes and/ or part thereof for every hour of the examination.
EMOLUMENTS: The scales of pay applicable to different grades are furnished above. The officials will also be eligible for DA, HRA and CCA as per rule in force from time to time. The compensation per annum on CTC basis at Mumbai is around Rs.13.07 Lacs for an officer of MMGS - II and Rs.15.86 Lacs for MMGS-III. In addition, the officers are also entitled to other benefits like :
  • (i) Medical Aid for self (100%) and for family (75%)
  • (ii) Leased accommodation at place of posting or within Circle. (In case of leased accommodation, HRA will not be paid.)
  • (iii) Concessional Interest Rates for Housing/ Car/ Personal Loans.
Smart Compensation Package: The selected candidates will have the option to choose ‘Smart Compensation Package’ wherein above salary structure will be restructured by monetizing and clubbing the perquisites value.
S.N Particulars MMGS-II MMGS-III
1 Pay Slip Component Existing Existing
2 Smart Compensation Package (p.a.) 2,28,903/- 2,50,054/-
3 Superannuation Benefits Existing Existing
4 Medical Actual / Existing Actual / Existing
5 Leased House Accommodation / HRA Actual / Existing Actual / Existing
SCP includes perquisites reimbursable on monthly basis such as- cleansing material, casual labour, newspaper, conveyance, entertainment, mobile call charges, furniture & Fixture, F& F Annual Maintenance, Mobile Handset, Briefcase, Utility item and, LTC/HTC.

CAREER PATH: Probation period for both the posts will be 1 year from date of joining. After completion of probation period successfully, the officers will be confirmed in respective grades and will be governed by extant specialist cadre placement and promotion policy.
The officers can opt for conversion to General Cadre after completion of five years including
probation period. In case of conversion to General Cadre, the seniority of the officers in specialist cadre will be protected for all future promotion.

SELECTION PROCEDURE: Selection of candidates will be on the basis of online objective test, group exercise and/or interview. (*)
Online Objective Examination : Candidates are required to qualify in each of the objective tests by securing minimum passing marks, which will be decided by the bank.

Test Pattern : MMGS-II Grade :
OBJECTIVE TEST: ONLINE
SL NO TEST DETAILS NO OF QUESTIONS MARKS TIME
1 General / Banking Awareness 50 25 120 MINUTES
2 Reasoning, Data Interpretation & Analysis 50 50
3 English 50 25
4 Financial Data Interpretation & Analysis 50 50
TOTAL
200 150

MMGS-III Grade
OBJECTIVE TEST: ONLINE
SL NO TEST DETAILS NO OF QUESTIONS MARKS TIME
1 General / Banking Awareness 50 25 120 MINUTES
2 Reasoning, Data Interpretation & Analysis 50 50
3 English 50 25
4 Financial Data Interpretation & Analysis 50 100
TOTAL
200 200

GROUP EXERCISE AND / OR INTERVIEW (50) MARKS

The marks of objective test of the qualified candidates will be arranged in descending order of merit and candidates maximum three times of the number of vacancies in each category will be called for group exercise and/ or interview.

The qualifying marks in group exercise and/ or Interview will be as decided by the bank. *However, the bank reserves the right to shift the Selection Procedure to Shortlisting and Group Exercise and /or Interview depending on the number of applications received.
Final Selection

The candidates will have to qualify both in Online Test and GE & Interview separately. Marks secured by the candidates in the Online Examination will be normalized to out of 75 and marks secured in Group Exercise and / or Interview (out of 50 marks) will be normalized to out of 25. The final merit list will be arrived at after aggregating normalized marks of Online Examination and Group Exercise & Interview.

The selection will be made from the top merit ranked candidates in each category. Roll numbers of the candidates who qualify for Group Exercise and / or Interview and those finally selected will be made available on the Bank’s website https://bank.sbi/careers/ or https://www.sbi.co.in/careers. Roll numbers of selected candidates will also be published in Employment News/ Rozgar Samachar.

DATE OF EXAMINATION: 18-06-2017

CENTRE OF EXAMINATION:
Ahemedabad, Baroda, Bangalore, Mysore, Bhopal, Indore, Bhubaneswar, Sambalpur, Chandigarh, Ludhiana, Jammu, Chennai, Madurai, Guwahati, Dibrugarh, Hyderabad, Vijayawada, Kolkata, Asansol, Lucknow, Varanasi, Mumbai, Nagpur, Delhi, Jaipur, Patna, Ranchi, Kochi,Trivandrum

The bank, however reserves the right to add or delete any centre and allot the candidate to any centre other than the one he/she has opted for.

APPLICATION FEE AND INTIMATION CHARGE: (Non Refundable)
Sr. No. Category Total
1 SC/ST/PWD Rs.100/-(Intimation Charges only)
2 General and Others Rs.600/- (App. Fee including intimation charges)

Fee/ Intimation charges once paid will NOT be refunded on any account nor can it be held in reserve for any other examination or selection.
Bank transaction charges for online payment of application fees/ intimation charges will have to be borne by the candidate.

HOW TO APPLY

  • For detailed guidelines/ procedure on a) Application registration b) Payment of fees c) Photograph & signature scan & upload visit bank’s website https://bank.sbi/careers/ or https://www.sbi.co.in/careers - Recruitment of Special Management Executive (Banking) in State Bank of India.
Important Events Dates
Commencement of on-line registration of application 03/05/2017
Closure of registration of application 18/05/2017
Closure for editing application details 18/05/2017
Last date for printing your application 02/06/2017
Online Fee Payment 03/05/2017 to 18/05/2017

CALL LETTERS FOR EXAMINATION:
  • The candidates should download their call letter and an “acquaint yourself” booklet by entering their registration number and password/ date of birth, after 06.06.2017 from the Bank’s website https://bank.sbi/careers/ or https://www.sbi.co.in/careers. NO HARD COPY OF THE CALL LETTER/ACQUAINT YOURSELF BOOKLET WILL BE SENT BY POST.
PROOF OF IDENTITY TO BE SUBMITTED AT THE TIME OF EXAMINTION:
  • The candidates must bring one photo identity proof such as passport/ Adhar/ PAN Card/ Driving License / Voter’s Card in original as well as a self attested Photocopy thereof. The photocopy of Identity proof should be submitted along with call letter to the invigilators in the examination hall, failing which or if identity of candidates is in doubt the candidate will not be permitted to appear for the test.
ACTION AGAINST CANDIDATES FOUND GUILTY OF MISCONDUCT:
  • Candidates are cautioned that they should not furnish any particulars that are false, tampered/ fabricated and they should not suppress any material information while filling up the application form. At the time of examination/ interview, if a candidate is (or has been) found guilty of: (i) using unfair means during the examination or (ii) impersonating or procuring impersonation by any person or (iii) misbehaving in the examination hall or (iv) resorting to any irregular or improper means in connection with his/ her candidature for selection or (v) obtaining support for his/ her candidature by any unfair means, such a candidate may, in addition to rendering himself/ herself liable to criminal prosecution, will also be liable:
  • a) to be disqualified from the examination for which he/ she is a candidate
  • b) to be debarred, either permanently or for a specified period, from any examination or recruitment conducted by Bank.
The Bank would be analyzing the responses of a candidate with other appeared candidates to detect patterns of similarity. On the basis of such an analysis, if it is found that the responses have been shared and scores obtained are not genuine/valid, the Bank reserves the right to cancel his/ her candidature.

USE OF MOBILE PHONES, PAGERS, CALCULATOR OR ANY SUCH DEVICES:
  • (i) Mobile phones, pagers or any other communication devices are not allowed inside the premises where the examination is being conducted. Any infringement of these instructions shall entail cancellation of candidature and disciplinary action including ban from future examinations.
  • (ii) Candidates are advised in their own interest not to bring any of the banned item including mobile phones/ pagers to the venue of the examination, as arrangement for safekeeping cannot be assured.
  • (iii) Candidates are not permitted to use or have in possession of calculators in examination premises.
GENERAL INFORMATION:
  • i) Candidates should satisfy themselves about their eligibility for the post applied for. The Bank would admit to the test all the candidates applying for the posts with the requisite fee on the basis of the information furnished in the online application and shall determine their eligibility only at the time of interview.
  • ii) 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.
  • iii) In case of selection, candidates will be required to produce proper discharge certificate from the employer at the time of taking up the appointment.
  • iv) Caste certificate issued by Competent Authority on format prescribed by the Government of India will have to be submitted by the SC/ ST candidates, if called for interview.
  • (v) A declaration will have to be submitted in the prescribed format by candidates seeking reservation under OBC category stating that he/she does not belong to the creamy layer as on 01.04.2017. OBC certificate containing the ‘Non-creamy layer’ clause, issued during the period 01.04.2017 to the date of interview, should be submitted by such candidates, if called for interview.
  • vi) Candidates are advised in their own interest to apply online much 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.
  • vii) 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.
  • viii) Not more than one application should be submitted by a candidate. In case of multiple applications, only the last valid (completed) application will be retained and the application fee/ intimation charges paid for the other registrations will stand forfeited. Multiple attendance/ appearance by a candidate in examination and/ interview will be summarily rejected/ candidature will be cancelled.
  • ix) The possibility for occurrence of some problems in the administration of the examination cannot be ruled out completely, which may impact test delivery and/or result from being generated. In that event, every effort will be made to rectify such problem, which may include the conduct of another examination if considered necessary.
  • x) In case it is detected at any stage of recruitment that a candidate 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.
  • xi) Candidates are advised to keep their e-mail ID alive for receiving advices, viz. call letters/ Interview advices etc.
  • xii) Appointment of selected candidates is subject to his/ her being declared medically fit as per the requirement of the Bank concerned.
  • xiii) Decisions of bank in all matters regarding eligibility, conduct of examination, 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.
  • xiv) 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 case/ dispute.