SIDBI Recruitment 2024: Vacancy For Junior Level Officer Post, Apply Soon Last Date Extend

SIDBI is seeking qualified applicants for the positions of Junior Level Officer (Operational Risk Manager) and Junior Level Officer {Mid Office (Market Risk Manager)}.

SIDBI Recruitment 2024 for Junior Level Officer

swastika suhal | Oct 24, 2024 |

SIDBI Recruitment 2024: Vacancy For Junior Level Officer Post, Apply Soon Last Date Extend

SIDBI Recruitment 2024: Vacancy For Junior Level Officer Post, Apply Soon Last Date Extend

SIDBI Recruitment 2024: The Small Industries Development Bank of India (SIDBI) is seeking qualified applicants for the positions of Junior Level Officer (Operational Risk Manager) and Junior Level Officer {Mid Office (Market Risk Manager)}. Candidates with a CA, CFA, MBA, MMS, MS, or PGDM in finance, an MSc in risk management, or an MSc or MA in mathematics, statistics, or economics are eligible to apply for the position of Junior Level Officer (Operational Risk Manager). Candidates with a CA, CFA, MBA, MMS, MS, PGDM in Finance, MSc in Risk Management, or an MSc or MA in Mathematics, Statistics, or Economics are applying for the position of Junior Level Officer {Mid Office (Market Risk Manager)}. For the aforementioned positions, there are three openings. According to the official SIDBI Recruitment 2024 notification, candidates applying for the mentioned posts must be at least 35 years of age.

According to the official SIDBI Recruitment 2024 notification, the position will be filled on a full-time, contractual basis. The appointment time may be further extended and will last for up to three years. The chosen applicants will be sent to Mumbai. Candidates must have worked in their respective fields for at least two years. The chosen candidates’ salaries would be determined by the market. Based on the interview and shortlisting process of the committee, eligible applicants will be selected. Candidates who fulfil all eligibility conditions for the position as stated in the official SIDBI Recruitment 2024 notification may apply by sending their completed applications to the email address below, together with all required supporting paperwork. To avoid the last-minute rush, candidates must submit their applications before the deadline.

Table of Content
  1. Post Name and Vacancies for SIDBI Recruitment 2024:
  2. Qualification Required for SIDBI Recruitment 2024:
  3. Age Limit for SIDBI Recruitment 2024:
  4. Experience Required for SIDBI Recruitment 2024:
  5. Salary for SIDBI Recruitment 2024:
  6. Selection Procedure for SIDBI Recruitment 2024:
  7. Tenure for SIDBI Recruitment 2024:
  8. How to Apply for SIDBI Recruitment 2024:
  9. FAQs for SIDBI Recruitment 2024:

Post Name and Vacancies for SIDBI Recruitment 2024:

There are openings for the positions of Junior Level Officer (Operational Risk Manager) and Junior Level Officer {Mid Office (Market Risk Manager)}. There are 03 openings available for the 2024 SIDBI Recruitment.

Post NameVacancies
Junior Level Officer (Operational Risk Manager)1
Junior Level Officer {Mid Office (Market Risk Manager)}2
Total3

Qualification Required for SIDBI Recruitment 2024:

Candidates must meet the educational requirements listed for each position in order to be considered for SIDBI Recruitment 2024 –

Junior Level Officer {Mid Office (Market Risk Manager)} –

  • It is required that candidates possess a CA, CFA, MBA, MMS, MS, or PGDM in Finance, an MSc in Risk Management, and an MSc or MA in Mathematics, Statistics, and Economics.
    OR
  • B.E./ B.Tech with professional qualifications viz. Financial Risk Manager (FRM) or Professional Risk Manager (PRM), etc.

Junior Level Officer (Operational Risk Manager) –

  • It is required that candidates possess a CA, CFA, MBA, MMS, MS, or PGDM in Finance, an MSc in Risk Management, and an MSc or MA in Mathematics, Statistics, and Economics.
    OR
  • B.E./ B.Tech with professional qualifications viz. Financial Risk Manager (FRM) or Professional Risk Manager (PRM), etc.

Age Limit for SIDBI Recruitment 2024:

To apply for SIDBI Recruitment 2024, a candidate must be at least 35 years old.

Experience Required for SIDBI Recruitment 2024:

Candidates must have the following experience requirements in order to be considered for SIDBI Recruitment 2024:

Junior Level Officer {Mid Office (Market Risk Manager)} –

  • Candidates must have worked in a bank, financial institution, or NBFC’s mid-office department or ALM desk for at least two years.

Junior Level Officer (Operational Risk Manager) –

  • Candidates should have worked in a bank, financial institution, or non-bank financial company’s operational risk management department for at least two years.

Salary for SIDBI Recruitment 2024:

The official SIDBI Recruitment 2024 statement states that the market will have an impact on pay. The same will vary from instance to situation and won’t be a hindrance for the right person. The same won’t apply to the correct applicant.

  • There will be a provision for a yearly increase on the Cost to Company (CTC) that is first finalized, in addition to the initial pay given on a CTC basis. This will be taken into account by the Bank based on regular performance evaluations.

Selection Procedure for SIDBI Recruitment 2024:

To ascertain the candidates’ eligibility for SIDBI Recruitment 2024, the committee will shortlist the qualified applicants and invite them to an interview. An interview will be used to make the ultimate decision. To generate a shortlist of eligible candidates who will be contacted for interviews, the Bank may, if required, perform an initial screening of the submissions. Consequently, merely fulfilling the requirements listed in the advertisement would not ensure that a candidate would receive an interview invitation.

Tenure for SIDBI Recruitment 2024:

The SIDBI Recruitment 2024 period will be conducted on a contract. The original period of the contract would be three years, with the Bank having the exclusive authority to extend it for an additional two years.

  • Either party may terminate the contract by giving the other one month’s notice, or by paying the other party’s salary and any related benefits in lieu of notice.

How to Apply for SIDBI Recruitment 2024:

In order to apply for SIDBI Recruitment 2024, candidates must submit their completed applications (in either Hindi or English) in the format specified on the Bank’s website with a recent passport size photograph pasted thereon and Curriculum Vitae, bearing the full signature of the candidate across the same
with date, should be sent/forwarded only through email at  [email protected].

Application for the post of <<Post Code>>, <<Name of the Post>> <<Candidate Name>>” should be the sole information in the subject line of every application when it is forwarded.

The last date to submit the applications is 04th November 2024

FAQs for SIDBI Recruitment 2024:

Some Frequently Asked Questions about SIDBI Recruitment 2024 are listed below:

Q.1. How many vacancies are there for SIDBI Recruitment 2024?

Ans. There are 03 vacancies available for SIDBI Recruitment 2024.

Q.2. How to apply for SIDBI Recruitment 2024?

Ans. The candidates can apply by submitting the applications to the above-mentioned email ID for SIDBI Recruitment 2024.

Q.3. What is the last date to submit the applications for SIDBI Recruitment 2024?

Ans. The last date to submit the applications for SIDBI Recruitment 2024 is 04.11.2024.

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