SBI Recruitment 2024: State Bank of India invites online applications from Indian citizens for the appointment of Specialist Cadre Officers. Candidates are requested to apply online through the link provided on the Bank’s website at SBI Careers. The recruitment is for the Specialist Cadre Officer on a regular basis, as mentioned in Advertisement No: CRPD/SCO/2024-25/05. The online registration of applications and payment of fees is open from June 7, 2024, to June 27, 2024. Ensure to complete the application process within this period to be considered for these positions.
Overall Details of SBI Recruitment 2024:
| Organization Name | State Bank of India (SBI) |
|---|---|
| Designation | Trade Finance Officer (MMGS-II) |
| Total Vacancies | 150 |
| Location | Hyderabad & Kolkata |
| Starting Date | 07.06.2024 |
| Closing Date | 27.06.2024 |
| Official Website | sbi.co.in |
Vacancy Details of SBI Recruitment 2024
| Post | Grade – Scale | SC | ST | OBC | EWS^ | UR | Total |
| Trade Finance Officer | Middle Management Grade – Scale II | 25 | 11 | 38 | 15 | 61 | 150 |
Eligibility criteria of Trade Finance Officer Recruitment
| Educational Qualification | Post-Qualification Experience (As on 31/12/2023) | Specific Skills Required |
|---|---|---|
| Graduate (any discipline) from Government recognized University or Institution AND Certificate in Forex by IIBF. Other Qualification: Certificate for Documentary Credit Specialists (CDCS) certification will be preferred / Certificate in Trade Finance / Certificate in International Banking (Preferably). | Minimum 2 years’ experience (Post Essential Academic Qualification experience) in Trade Finance processing as an executive in supervisory role in any Scheduled Commercial Bank. | Outstanding communication, presentation, and processing skills. |
Role & Responsibility
| Category | Details |
|---|---|
| Job Profile | – Scrutiny of trade finance documents (LCs, collections, guarantees) for compliance with Bank/RBI/ICC/FEDAI guidelines. – Support junior staff and customers. – Process trade finance and forex transactions centrally. – Ensure accurate processing within Turnaround Time (TAT). – Reconcile trade finance and forex entries in Bank’s systems (Trade Finance, Forex, CBS, IDPMS/EDPMS). – Handle other tasks related to trade finance and international business back-office operations. |
| Key Responsibility Areas | – Ensure accurate, efficient processing of trade finance/forex transactions within TAT. – Track and ensure timely activities (maturities, payments, etc.). – Reconcile accounts/systems as per norms. – Maintain customer TAT. – Adhere to regulatory guidelines. – Participate in RCSA, BCOR, process reviews, and training. – Comply with audit reports. |
| Role & Responsibility | – Ensure adherence to TAT benchmarks. – Guide branches for quality document uploads. – Resolve branch escalations and support customer operations. – Participate in BCP/DRP testing. |
| Key Interactions | – Interact with Chief Manager/Team Leader for operational guidance. – Coordinate with linked branches, auditors, and vendors (Trade Finance Solution, Outsourced Staff). |
Probation Period & Remuneration Details for SBI Recruitment
| GRADE | PROBATION PERIOD | PAY SCALE | REMARKS |
|---|---|---|---|
| Middle Management Grade Scale – II | 6 Months | Rs (48170-1740/1-49910-1990/10-69810) | The pay scale is due for revision and will be applicable from the date of joining. The official will be eligible for DA, HRA, CCA, Provident Fund, Contributory Pension Fund (NPS), Leave Fare Concession (LFC), Medical Facility, and other perquisites as per rules in force from time to time. |
Selection Process of SBI Recruitment 2024
Selection for this position will involve two stages: shortlisting and interview.
- Shortlisting: Meeting the minimum qualification and experience requirements does not guarantee an interview. A committee appointed by the Bank will establish the criteria for shortlisting candidates. Only those who meet these criteria will proceed to the interview stage. The Bank’s decision regarding shortlisting is final and no correspondence will be entertained in this regard.
- Interview: The interview will carry a weightage of 100 marks. The qualifying marks for the interview will be determined by the Bank, and no correspondence will be entertained in this matter.
- Merit List: The final selection will be based solely on the interview scores. If multiple candidates score the cut-off marks, they will be ranked based on their age in descending order in the merit list.
CALL LETTER FOR INTERVIEW: INTIMATION/CALL LETTER FOR INTERVIEW WILL BE SENT BY EMAIL OR WILL BE
UPLOADED ON BANK’S WEBSITE. NO HARD COPY WILL BE SENT
Application Fee
Application fees and Intimation Charges (Non-refundable) is Rs750/- (Rupees Seven Hundred Fifty only) for General/EWS/OBC candidates and no fees/intimation charges for SC/ ST/ PwBD candidates
Apply Mode
Online
How to Apply SBI Trade Finance Officer Recruitment 2024
i. Candidates must register online via the SBI website at https://bank.sbi/careers and pay the application fee using Internet Banking/ Debit Card/ Credit Card.
ii. Candidates need to scan their latest photograph and signature. The online application won’t be accepted without uploading these as per the specifications on the registration page (under ‘How to Upload Document”).
iii. Carefully fill out the application form. Once completed, submit it. If unable to fill out the application at once, candidates can save the entered information. Upon saving, a provisional registration number and password will be generated and displayed. Note these down to reopen the application for editing up to three times. After finalizing the application, submit it and proceed to pay the fee online.
iv. After successful registration, candidates should print out the system-generated online application form.
Document Details for Upload:
I. Recent Photograph
II. Signature
III. Detailed Resume (PDF)
IV. ID Proof (PDF)
V. Proof of Date of Birth (PDF)
VI. Caste certificate (if applicable) (PDF)
VII. PwBD certification (if applicable) (PDF)
VIII. Educational Certificates: Relevant Mark-Sheets/ Degree Certificate (PDF)
IX. Experience certificates (PDF)
X. Form-16/Offer Letter/Latest Salary slip from current employer (PDF)
Important Link
| Official Notification | Click Here |
| Apply online | Click Here |
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