India's biggest bank State Bank of India has
invited online applications for recruitment of 554 special management
executives (SME), banking. The current openings are for Indian citizens between
the age group of 25 to 40 years with minimum qualification of CA/ICWA/ACS/MBA
in finance or equivalent post-graduation degree in finance from an institution
recognized or approved by government, government bodies or AICTE. Candidates
are requested to apply on-line through Bank's website https://bank.sbi/careers
or https://www.sbi.co.in/careers and the last date of application for the
current opening at the SBI is May 18, 2017.
Jobs being offered by the State Bank of India
are under two categories. The first is Special Management Executive (Banking) -
MMGS III Grade-under this the bank is planning to hire 273 candidates with
qualification of CA / ICWA / ACS / MBA (finance) or equivalent post-graduation
degree in finance with minimum 5 years of experience as an executive in supervisory/management
role in a schedule commercial bank / associate or subsidiary of a schedule
commercial bank or public sector financial institution or listed financial
institution.
The next category is Special Management
Executive (Banking) - MMGS II under this the bank is looking to hire 281
candidates between the age group of 25-35 years with minimum qualification of
CA /ICWA/ACS/MBA (finance) or equivalent post-graduation degree in finance. The
candidates are required to have minimum 2 years of experience as an executive
in supervisory or management role in schedule commercial bank or in subsidiary
of a schedule commercial bank. Experience in public sector financial
institution or listed financial institution will also be valid. Meanwhile,
candidates having experience in processing of credit proposals are preferred
choice for the bank.
The compensation per annum on CTC basis at
Mumbai is around Rs 13.07 lakh for an officer of MMGS - II grade and Rs 15.86
lakh for MMGS-III officer. In addition, the officers are also entitled to other
benefits like medical aid for self and for family, leased accommodation at
place of posting and concessional Interest rates for loans.
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