SIDBI Recruitment 2024: Notification Out For Manager in Grade ‘B’ Post, Apply Fast
SIDBI Recruitment 2024: Small Industries Development Bank of India (SIDBI) invites applications from qualified candidates for the position of Manager in Grade ‘B’ (General Stream). The monthly compensation of selected applicants for SIDBI Recruitment 2024 will be up to Rs. 99750+. Other allowances include housing allowance. This will include transport, LFC, and medical allowances, which are admissible. The selection process will be determined based on personal interview (online or face-to-face). The maximum duration of engagement for the above position is three years, which can be extended for an additional two years. Candidates applying for the above-mentioned position should not be more than 37 years old as of August 31, 2024.
There are 35 seats for the aforementioned post. The selected candidates will be working at different locations, which are mentioned below. The candidate must hold a degree of MBA/MMS/MS/PGDM in Finance/CFA, MSc/BE/BTech in the relevant field to apply for this post. (See Details below). Suitable and applicable applicants who meet the below criteria for SIDBI Recruitment 2024 are requested to send their applications in the prescribed format, along with supporting documents, to the mentioned address and also send by e-mail (given below) on or before the closing date of the application form. The publication date of the application form is 07-10-2024.
Post Name and Vacancies for SIDBI Recruitment 2024:
SIDBI is looking for capable candidates for the post of Manager in Grade ‘B’ (General Stream). There are 35 vacant seats available for the aforementioned position.
Sr No
Post
SIDBI Office/ Vertical
Post Code
Total Vacancies
1
Manager in Grade ‘B’ (General Stream)
Branch offices
1
30
2
Risk Management Vertical (RiMV)
2
3
Treasury & Resource Management Vertical (TRMV)
3
5
Tenure for SIDBI Recruitment 2024:
The period of engagement for SIDBI Recruitment 2024 is given below:
The appointment for the post will be on a deputation basis for an initial period of upto 03 years, extendable, at the sole discretion of the Bank, for a further period of up to 02 years. The appointment will be reviewed at the end of three years and on such review, if the Bank continue to require and the performance is found to be satisfactory, the appointment may be extended further for upto two years.
Required Qualification for SIDBI Recruitment 2024:
The required essential qualifications to apply for SIDBI Recruitment 2024 are described below-
For Branch offices-
The candidate should be Graduate of any discipline
Preferred –
The candidate should have MBA/MMS/MS/PGDM in Finance, CA, CFA, FRM, MCom, ICWA, CA, MSc/MA (Maths/ Statistics/ economics), BMS, BBA, JAIIB/CAIIB, etc.
The candidate should have a Certified Credit Professional course of IIBF/ Certified Credit Research Analyst from NISM or similar courses in credit management.
For Risk Management Vertical (RiMV)-
The candidate should have Graduate in any discipline
The candidate should haveMBA/MMS/MS/PGDM in Finance, MSc Risk Management, MSc/MA (Maths/Statistics/ economics)
The candidate should have BE/BTech with professional qualifications viz. Financial Risk Manager (FRM) or Professional Risk Manager (PRM), etc.
Certificate in Risk and Financial Services course of IIBF or similar courses in Risk Management.
For Treasury and Resource Management Vertical (TRMV)-
The candidate should have graduated in any discipline
The candidate should have MBA/MMS/MS/PGDM in Finance/CFA, MSc/BE/BTech with professional qualifications viz. Certified Treasury
The professional course of IIBF or similar courses in Treasury.
Experience –
The candidate should have Minimum 4 years of experience in the Officer Cadre (regular employee) in the public sector banks, out of which 2 years of experience shall be in respective domains for which the candidates are applying (viz. Branch offices, RiMV and TRMV).
The candidate should have Experience in analytics, financial technologies, and related fields would be an added advantage.
Age Criteria for SIDBI Recruitment 2024:
According to the official notification of SIDBI Recruitment 2024, the age limit is menetioned below:
The candidate should not be more than 37 years of age as on August 31, 2024.
Posting Location for SIDBI Recruitment 2024:
The selected applicants for SIDBI Recruitment 2024 will be posted in various locations- Ahmedabad, Erode, Ludhiana, Faridabad, Odhav, Gurugram, Jaipur, Surat, Tirupur, New Delhi, Morbi, Vadodara, Rajkot, Changodar, Nasik, Pune, Kurichi, Chinchwad, Coimbatore, Thane, Bengaluru, Chennai, Noida, Kochi, Chandigarh, Vatva, Indore, Ambattur, Hosur, Nagpur, Bahadurgarh, Bhopal, Haridwar, Dehradun, Ranchi and Lucknow.
Salary for SIDBI Recruitment 2024:
Referring to the official notification of SIDBI Recruitment 2024, the salary is mentioned below:
The present pay scale for the Manager (Grade ‘B’) in SIDBI is `[Rs. 55200 -Rs. 2850 (9) – Rs. 80850 – EB – Rs. 2850 (2) – Rs. 86550 -Rs. 3300 (4) – Rs. 99750 (16 years)]
Other benefits including house allowance, transport/conveyance, LFC, and medical benefits will be admissible.
The officers will have the option to retain the pay scale, personal pay, DA, and other allowances and perquisites of his / her original employer along with deputation allowance or select pay scale, allowances, and perquisites of SIDBI. The option once
exercised shall be final.
Selection Process for SIDBI Recruitment 2024:
The mode of selection for SIDBI Recruitment 2024 will be based on personal interviews to be held online or face-to-face.
How to Apply for SIDBI Recruitment 2024:
Based on the official notification of SIDBI Recruitment 2024, interested candidates who meet the above criteria should obtain the application form from the official notification, take a printout of it, and send their duly filled application form along with the required documents to the mentioned address before the last date. The application should be sent by address and mail.
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Aarti is a dedicated content creator at StudyCafe, specializing in Sarkari Naukri, recruitment trends, and career guidance. With a keen eye for detail and a passion for helping individuals navigate the complexities of government job opportunities, Aarti provides insightful and actionable content for job seekers. You can reach her at [email protected]