SBI SO Recruitment 2019: FAQs & Apply Online

SBI SO 2019: FAQs & Apply Online

As you all know that State Bank of India (SBI) has released the notification for Specialist Officers  in various disciplines like DGM Asset Liability Management, SME Credit Analyst, Credit Anaylst III etc. The total number of vacancies are 76. All those who seek to make headway in their career with the insurance sector can apply for the post and get a job in this sector. Here are the answers to Frequently Asked Questions (FAQs) about SBI SO Notification 2019.






☛ What are the posts available on this recruitment project?

The post which will be available in this recruitment project by SBI SO 2019 are as follows:
  • Deputy General Manager (Capital Planning) – 01
  • SME Credit Analyst (Sector Specialist) – 11
  • SME Credit Analyst (Structuring) – 04
  • SME Credit Analyst – 10
  • Credit Analyst – 30
  • Credit Analyst – 20



☛ How many vacancies are there?

The number of vacancies in various disciplines of SBI SO 2019 is 76.

☛Can a candidate apply for multiple posts?
According to the official notification, A candidate can apply for one post only.

☛ When will the registration start?
Registration will begin from 22nd July 2019.

☛ What is the last date to apply for this post?
The last date to apply for this post is 12th August 2019.

☛ What is the age criteria of various posts under SBI SO Recruitment 2019?

The age criteria of various posts under SBI SO recruitment 2019 is as follows:
Sr No Post User
Department
Grade Age
Min. Max.
1. Deputy General Manager
(Capital Planning)
PPRD TEGS-VI 45
2. SME Credit Analyst
(Sector Specialist)
PFSBU MMGS-III 23 35
3. SME Credit Analyst
(Structuring)
PFSBU MMGS-III 23 35
4. SME Credit Analyst PFSBU MMGS-III 23 35
5. Credit Analyst CCG MMGS-III 25 35
6. Credit Analyst CCG MMGS-II 23 35

☛ What is the educational qualification required for various posts in this recruitment process?

Sr No Post User
Department
Educational Qualification Work Experience Likely
Place of
Posting
1. Deputy General Manager
(Capital Planning)
PPRD Graduation in any Discipline AND Chartered Accountant
(CA)/ MBA (Finance) or equivalent/ PGDM (Finance) or
equivalent.

FRM Certificate and/or CFA is preferred

The applicant should possess overall experience of 15 years in
Financial Sector with minimum 10 years of post-qualification
experience in the area of Finance/ Capital Planning/ Asset Liability
Management/ Treasury Management with Bank(s)/ Non-Banking
Finance Company/ Regulatory Bodies or any other Financial
Institutions having large balance sheet size.
Mumbai
2. SME Credit Analyst
(Sector Specialist)
PFSBU BE/ B Tech
AND
MBA (Finance)/ CA/CFA
Post qualification experience of Minimum 3 years with
Bank/NBFC/PSU/FI/Credit Rating Agency with working
experience in the field of Credit Analyst/ Appraisal in Road/
Energy/ Power/ Telecom/ Infrastructure Sector/ Financial
Management
Anywhere
in
India
3. SME Credit Analyst
(Structuring)
PFSBU BE/ B Tech
AND
MBA (Finance)/ CA/CFA
Post qualification experience of Minimum 3 years with
Bank/NBFC/PSU/FI/Credit Rating Agency with working
experience in the field of Credit Analyst/ Appraisal in Credit
Analyst/ Syndication/ Structuring/ Financial Management
4. SME Credit Analyst PFSBU BE/ B Tech
AND
MBA (Finance)/ CA/CFA
Post qualification experience of Minimum 3 years with
Bank/NBFC/PSU/FI/Credit Rating Agency with working
experience in the field of Credit Analyst/ Appraisal/ Financial
Management
5. Credit Analyst
(for MMGS-III)
CCG CA/MBA/PGDM from recognized university/ college
(2 years full time regular course in Finance)
Post qualification experience of Minimum 3 years’ experience in a
Bank/ NBFC/FIs/ Credit Rating Agency. Post qualification
experience in high value credit is must. Experience should be in
appraisal/ assessment of credit proposals of medium/ large
Corporates.
Special Skill Required:
Analysis of Balance Sheet/ Appraisal/ Assessment of Credit
Proposal, Credit monitoring
6. Credit Analyst
(For MMGS-II)
CCG CA/MBA/PGDM from recognized university/ college
(2 years full time regular course in Finance)
Post qualification experience of Minimum 2 years’ experience in a
Bank/ NBFC/FIs/ Credit Rating Agency. Post qualification
experience in high value credit is must. Experience should be in
appraisal/ assessment of credit proposals of medium/ large
Corporates.
Special Skill Required:
Analysis of Balance Sheet/ Appraisal/ Assessment of Credit
Proposal, Credit monitoring.

☛ What is the Selection procedure?
The selection will be based on shortlisting and interview.


Interview: 
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 and called 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.
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.
☛ What is the Application Fee?
For General/OBC/EWS Rs. 750/- 
For SC/ST/PWD Rs. 125/-
☛ What is the salary of all the posts under SBI SO recruitment 2019?
The salary for the various under SBI SO recruitment 2019 is as follows:

Sr No. Post Scale of Pay CTC Annual Amount in Lakh (approx.)
1. Deputy General Manager
(Capital Planning)
68680-1960/4-76520 Rs 41 lakh
2. SME Credit Analyst
(Sector Specialist)
42020-1310/5-48570-1460/2-51490 Rs 18 lakh
3. SME Credit Analyst
(Structuring)
42020-1310/5-48570-1460/2-51490 Rs 18 lakh
4. SME Credit Analyst 42020-1310/5-48570-1460/2-51490 Rs 18 lakh
5. Credit Analyst 42020-1310/5-48570-1460/2-51490 Rs 18 lakh
6. Credit Analyst 31705-1145/1-32850-1310/10-45950 Rs 15 lakh