SBI Recruitment 2025
Notification Out Specialist Cadre Officers post For Trade Finance Officer
POST DETAILS:
- Name of Post: Trade Finance Officer (MMGS-II)
- Grade - Scale: Middle Management Grade – Scale II
- No of Vacancies: 150
DETAILS OF THE REQUIREMENTS OF EDUCATIONAL QUALIFICATIONS/POST QUALIFICATION EXPERIENCES/SPECIFIC SKILLS ETC.
- Educational Qualification
(As on 31.12.2024)
Mandatory: Graduation (any discipline) from Government recognized University or Institution AND Certificate in Forex by IIBF (certificate date should be latest by 31.12.2024)
Preferred: Certificate for Documentary Credit Specialists (CDCS) certification will be preferred / Certificate in Trade Finance / Certificate in International Banking (certificate date should be latest by 31.12.2024) - Post-Qualification Experience
(As on 31.12.2024):
Mandatory: Min. 2 years’ experience (Post Essential Academic Qualification experience) in Trade Finance processing as an executive in supervisory role in any Scheduled Commercial Bank including Foreign Bank. (For list of Scheduled Commercial Bank & Foreign Bank, please refer to RBI website) - Specific Skills
required:
Outstanding communication, presentation and processing skills.
- Trade Finance Document Scrutiny – Scrutiny of all trade finance related documents (Letters of Credit / Collections / Bank Guarantees etc.) for compliance in terms of Bank/RBI/ICC/FEDAI/any other regulatory guideline. Support/Guide junior staff at CPC, front office at branch, and customers, where required, appropriately.
- Processing of Trade Finance and Forex transactions – Processing of Trade Finance and Forex transactions at a centralized location on behalf of all the branches. Ensure accurate processing of transactions within the benchmarked Turnaround Time (TAT)
- Reconciliation of Trade Finance and Forex related entries in Bank’s Trade Finance, Forex and CBS systems and IDPMS/EDPMS.
- Any other tasks related to Bank’s Trade Finance and International Business back-office operations.
- Accurate, and efficient processing of all allotted Trade Finance and / or Forex transactions/processes within the benchmarked TAT.
- Tracking, and ensuring periodic activities including maturities, payments, prompt follow-up, customer reconciliation, etc
- Timely reconciliation of related accounts/systems as per Bank’s norms
- Work closely with all stakeholders to maintain agreed customer TAT.
- Ensure adherence to all regulatory/bank/ICC/FEDAI guidelines.
- Participation in RCSA, BCOR, process review and training activities by providing relevant inputs for enhancements thereto.
- Any other activity as directed by Team Leaders and Department/Branch Heads based on exigencies/requirements.
- Timely submission/compliance of All Audit Reports.
- Ensure Adherence to TAT as per approved benchmark.
- Co-ordinate and Guide the Linked Branches to ensure quality and completeness of Branch Document upload in Trade Finance Solution
- Prompt Resolution of Branch Escalations and support linked branches to enhance customer experience through quality of operations.
- Participate in Periodic testing of BCP/DRP.
- Chief Manager/Team Leader (Inland Trade Finance / Imports / Exports / Other Forex) for guidance to enhance efficiency of operations.
- Linked Branches to ensure quality of Branch sourcing/ Documentation
- RFIA/Concurrent Auditors/Statutory Auditor/FEMA
- Vendors – Trade Finance Solution /Outsourced Staff (Data Entry/Branch Support)
- GRADE: Middle Management Grade Scale – II
- PROBATION PERIOD: 6 Months
- PAY SCALE: Rs (64820-2340/1-67160-2680/10-93960)
- REMARK: The official will be eligible for DA, HRA, CCA, Provident Fund, Contributory Pension Fund i.e. NPS, Leave Fare Concession (LFC), Medical Facility, other perquisites etc. as per rules in force from time to time.
AGE LIMIT: (Age As on
31.12.2024)
- Minimum Age: 27
- Maximum Age: 37
- Shortlisting: Mere fulfilling the minimum qualification and experience will not vest any right to candidate for being called for interview. The shortlisting committee constituted by the Bank will decide the shortlisting parameters and thereafter, adequate number of candidates, as decided by the bank, will be shortlisted for interview. The decision of the Bank to call the candidates for the interview shall be final. No correspondence will be entertained in this regard.
- Interview: Interview will carry 100 marks. The qualifying marks in interview will be decided by the Bank. No correspondence will be entertained in this regard.
- Merit List: Merit list for selection will be prepared in descending order on the basis of scores obtained in interview only. In case more than one candidate score the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit.
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.
- GUIDELINES FOR FILLING ONLINE APPLICATION:
i. Candidates will be required to register themselves online through the link available on SBI website https://bank.sbi/careers and pay the application fee using Internet Banking/ Debit Card/ Credit Card etc.
ii. Candidates should first scan their latest photograph and signature. Online application will not be registered unless candidate uploads his/ her photo and signature as specified on the online registration page (under ‘How to Upload Document”).
iii. Candidates should fill the application carefully. Once application is filled-in completely, candidate should submit the same. In the event of candidate not being able to fill the application in one go, he can save the information already entered. When the information/application is saved, a provisional registration number and password is generated by the system and displayed on the screen. Candidate should note down the registration number and password. They can re-open the saved application using registration number and password and edit the particulars, if needed. This facility of editing the saved information will be available for three times only. Once the application is filled completely, candidate should submit the same and proceed for online payment of fee.
iv. After registering online, the candidates are advised to take a printout of the system generated online application forms. - GUIDELINES FOR PAYMENT OF FEES:
i. Application fees and Intimation Charges (Non-refundable) is Rs 750/- (Rupees Seven Hundred Fifty only) for General/EWS/OBC candidates and no fees/intimation charges for SC/ ST/ PwBD candidates.
ii. After ensuring correctness of the particulars in the application form, candidates are required to pay the fees through payment gateway integrated with the application. No change/ edit in the application will be allowed thereafter.
iii. Fee payment will have to be made online through payment gateway available thereat. The payment can be made by using Debit Card/ Credit Card/ Internet Banking etc. by providing information as asked on the screen. Transaction charges for online payment, if any, will be borne by the candidates.
iv. On successful completion of the transaction, e-receipt and application form, bearing the date of submission by the candidate, will be generated which should be printed and retained by the candidate.
v. If the online payment of fee is not successfully completed in first instance, please make fresh attempts to make online payment.
vi. A provision is there to reprint the e-Receipt and Application form containing fee details, at later stage. vii. Application Fee once paid will NOT be refunded on any account NOR can it be adjusted for any other examination or selection in future.
- Notification Out: 03/01/2025
- Apply Date: 03/01/2025
- Apply Last Date: 23/01/2025
IMPORTANCE LINKS:
- Official Website: Click Here
- Official Notification: Download
- Online Apply: Click Here
- Any Query: Click Here
- Bio Data Format: Download
