SBI to recruit 554 special management executives

Last date for application and payment of fees is May 18, 2017

State Bank of India (SBI) has invited online applications from Indian citizens for recruitment of special management executive (SME), banking. Candidates are requested to apply on-line through bank’s website. The online registration is scheduled to start on May 3, 2017. The process of registration, application and payment of the fees will get over on May 18, 2017.

A candidate can apply for only one post under this project. The process of registration of application is complete only when fee is deposited with the bank through online mode on or before the last date for fee payment. Before applying, candidates are requested to ensure that they fulfill the eligibility criteria for the post as on the date of eligibility.

The total annual salary for scale II post in a metropolitan city like Mumbai for SME (scale II) is Rs.13.07 lakh per annum and Scale III vacancies is Rs.15.86 lakh. The officers are also entitled for medical facilities, leased accommodation and other allowances.

Eligibility criteria

Candidates interested in both MMGS Grade III and Grade II posts have to posses CA / ICWA / ACS / MBA (Finance) or equivalent post graduation degree in finance. The course should be of 2 years full time duration. Courses completed through correspondence / part-time are not eligible. The institute should be recognized / approved by Government, Government bodies / AICTE.

The candidates interested in Grade III post should posses minimum five years post qualification experience as an executive in supervisory / management role in a schedule commercial bank / associate or subsidiary of a schedule commercial bank, or a public sector financial institution/ company or listed financial institution / company. Out of these five years, a minimum two years experience in corporate / SME credit is desirable. Candidates having experience in processing of credit proposals are preferred. Age limit for the post as on March 31, 2017, is between 25 years and 40 years. Read more

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