SBI SME Recruitment (Special Management Executive) 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.

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Important Dates

Given below are important dates for the SBI SME Recruitment 2017

Events Dates
Start Date of
Applications
3rd May
2017
End Date of
Applications
18th May
2017
Download
Call Letter
6th June
2017
Exam Date 18th June
2017

 

Vacancy details

Post Grade Post
Current Backlog Total
SME (banking) MMGS Grade III 200 73 273
SME (banking) MMGS Grade II 250 31 281
Total 554

SBI SME Recruitment -Vacancies

Post Grade Vacancy
Type SC ST OBC UR Total PwD
OH VI HI
SME
(Banking)
MMGS
II
Current 37 18 67 128 250 3 2 2
Backlog 7 7 17 31 2 1
Total 44 25 84 128 281 5 3 2
MMGS
III
Current 30 15 54 101 200 2 2 2
Backlog 22 12 39 73 2 2
Total 52 27 93 101 273 4 4 2

Salary details

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.

 

Candidates interested in MMGS Grade II post should posses minimum two 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. Candidates having experience in processing of credit proposals will be preferred.  Age limit for the post as on March 31, 2017, is between 25 years and 35 years.

 

Age relaxations for both the post is as per the government rule, ie three years for OBC, five years for SC/ST candidates.

Selection Process

Candidates will be shortlisted based on their performance in online written examination, group exercise and/ or Interview. The online objective test is scheduled for June 18, 2017 for a total of 200 and 150 marks, for grade III and II posts respectively. The interview will be conducted for 50 marks.


Candidates are required to qualify in each of the objective tests by securing minimum passing marks, which will be decided by the bank. Shortlisted individuals will then be called for group exercise (discussion) and personal interview.


Exam pattern for MMGS-III grade post

Topics No of questions Marks Time
General / banking awareness 50 25 120 minutes
Reasoning, data interpretation and analysis 50 50
English 50 25
Financial data interpretation and analysis 50 100
Total 200 200


Exam pattern for MMGS-II grade post

Topics No of questions Marks Time
General / banking awareness 50 25 120 minutes
Reasoning, data interpretation and analysis 50 50
English 50 25
Financial data interpretation and analysis 50 50
Total 200 150


The marks of objective test of the qualified candidates will be arranged in descending order of merit and candidates maximum three times of the number of vacancies in each category will be called for group exercise and/ or interview. The qualifying marks in group exercise and/ or Interview will be as decided by the bank.


For the final selection, candidates will have to qualify both in online test and GE and interview separately. Marks secured by the candidates in the online examination will be normalized to out of 75 and marks secured in group exercise and / or interview, out of 50 marks, will be normalized to out of 25. The final merit list will be arrived at after aggregating normalized marks of online examination and group exercise and interview.


The selection will be made from the top merit ranked candidates in each category. Roll numbers of the candidates who qualify for group exercise and / or interview and those finally selected will be made available on the SBI bank’s website.

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SBI SME Recruitment (Special Management Executive) 2017

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