The State Bank of India has released a notification for SBI Trade Finance Officer Recruitment 2024 for 150 vacancies. Fill Application Form on before 27th June.
SBI Trade Finance Officer Recruitment 2024
SBI Trade Finance Officer Recruitment 2024: State Bank of India (SBI) has recently released a notification for the recruitment of Trade Finance Officers as part of the Specialist Cadre Officers (SCO) in the Middle Management Grade Scale-II (MMGS-II). This recruitment is to fill 150 vacant positions of Trade Finance Officers. Interested candidates can apply online through the official website of SBI. In this article, we will provide you with a comprehensive overview of the SBI Trade Finance Officer Recruitment 2024, including important dates, eligibility criteria, selection process, and more.
SBI Trade Finance Officer Notification 2024 Overview
| SBI Trade Finance Officer Notification 2024 | |
|---|---|
| Organization Name | State Bank of India (SBI) |
| Post Name | Specialist Cadre Officer (Trade Finance Officer) |
| Total Vacancies | 150 |
| Advertisement Number | CRPD/SCO/2024-25/05 |
| Application Mode | Online |
| Application Start Date | 7th June 2024 |
| Application End Date | 27th June 2024 |
| Job Location | Hyderabad & Kolkata |
| Selection Process | Shortlisting and Interview |
| Official Website | https://sbi.co.in/web/careers |
| Official Notification Link | SBI Trade Finance Officer Recruitment 2024 Official Notification Link |
SBI Trade Finance Officer Recruitment 2024 Important Dates
The important dates for the SBI Trade Finance Officer Recruitment 2024 are as follows:
| Events | Dates |
|---|---|
| Online Application Start Date | June 7, 2024 |
| Online Application End Date | June 27, 2024 |
| Shortlisting | To be notified |
| Interview | To be notified |
| Document Verification | To be notified |
| Medical Test | To be notified |
Related Posts
- Maharashtra Police Admit Card 2024 Out at policerecruitment2024.mahait.org
- Bihar Deled Result 2024 Announced, Check Direct Link
- Free Job Alerts- Latest Govt Job Notification
SBI Trade Finance Officer Vacancy 2024
The detailed overview of the SBI Trade Finance Officer Vacancy 2024 is as follows:
| SBI Trade Finance Officer Vacancy 2024 | |
|---|---|
| SC | 25 |
| ST | 11 |
| OBC | 38 |
| EWS | 15 |
| Unreserved | 61 |
| Total No. of Vacancies | 150 |
Eligibility Criteria for SBI Trade Finance Officer Recruitment 2024
Candidates must meet the following eligibility criteria to apply for the SBI Trade Finance Officer (MMGS-II) position:
- Educational Qualification:
- Candidates must hold a graduate degree from a recognized university or institution.
- Additionally, candidates should possess a Certificate in Forex by IIBF. Additional certifications like CDCS or in Trade Finance/International Banking are preferred.
- Experience:
- Applicants should have a minimum of 2 years’ experience in Trade Finance processing, serving in a supervisory role within a Scheduled Commercial Bank.
- Age Limit:
- The age of the candidates must be between 23 and 32 years as of December 31, 2024. Age relaxations are applicable as per the government norms.
SBI Trade Finance Officer Recruitment 2024 Apply Online Direct Link
Candidates who wish to apply for the SBI Trade Finance Officer Recruitment 2024 can do so by visiting the official website of State Bank of India (https://sbi.co.in/web/careers). The direct link to apply online for the recruitment is provided below. Candidates are advised to read the instructions carefully and fill in all the required details accurately. It is essential to submit the application form on or before the last date of application submission.
Application Process for SBI Trade Finance Officer Recruitment 2024
Candidates who meet the eligibility criteria can apply for the SBI Trade Finance Officer (MMGS-II) position by following these steps:
Step 1: Visit the official SBI website: www.sbi.co.in.
Step 2: Navigate to the “Careers” section on the homepage.
Step 3: Click on the “Latest Announcements” tab.
Step 4: Look for the recruitment notice titled “RECRUITMENT OF SPECIALIST CADRE OFFICERS ON REGULAR BASIS ADVERTISEMENT NO: CRPD/SCO/2024-25/05.”
Step 5: Click on the “APPLY ONLINE” option within the notice.
Step 6: Complete the registration form with accurate personal information.
Step 7: Log in to your account using the credentials you just created. Fill in all the necessary details requested in the application form.
Step 8: Upload the required documents as per the specified criteria and make the payment of the application fee through the provided method.
Step 9: Submit the application form and take a printout for future reference.
SBI Trade Finance Officer Recruitment 2024 Application Fees
The application fees for the SBI Trade Finance Officer Recruitment 2024 are as follows:
- General/ OBC/ EWS candidates: Rs. 750/-
- SC/ ST/ PWD candidates: Nil
Details of Document to be uploaded:
- Recent Photograph
- Signature
- Detailed Resume (PDF)
- ID Proof (PDF)
- Proof of Date of Birth (PDF)
- Caste certificate, (if applicable) (PDF)
- PwBD certification (if applicable) (PDF)
- Educational Certificates: Relevant Mark-Sheets/ Degree Certificate (PDF)
- Experience certificates (PDF)
- Form-16/Offer Letter/Latest Salary slip from current employer (PDF)
- No Objection Certificate (NOC) from present employer (mandatory if working in Government Institute/Public Sector Unit/Public Sector Bank)
Selection Process for SBI Trade Finance Officer Recruitment 2024
The selection process for the SBI Trade Finance Officer (MMGS-II) position involves the following stages:
- Shortlisting: Candidates who meet the minimum qualifications and experience requirements will be shortlisted based on the criteria set by the bank.
- Interviews: Shortlisted candidates will be called for interviews. The interview round carries a maximum of 100 marks, and the qualifying marks will be decided by the bank.
- Document Verification: After the interview round, selected candidates will have to undergo document verification to ensure the authenticity of the information provided during the application process.
- Medical Test: Finally, selected candidates will have to undergo a medical test to ensure they meet the medical fitness standards set by the bank.
SBI Trade Finance Officer Salary 2024
| 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 the same will be applicable from the date of joining. 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. |
Job Profile and Key Responsibility Areas for SBI Trade Finance Officer Recruitment 2024
The State Bank of India (SBI) has recently released a recruitment notification for Trade Finance Officer (MMGS-II) positions with a total of 150 vacancies. This is a great opportunity for candidates who are interested in joining the banking sector and have the necessary qualifications and experience.
Job Profile As a Trade Finance Officer, your main responsibilities will revolve around trade finance operations and related activities within the bank. You will be expected to perform various tasks and handle critical functions related to trade finance and international business back-office operations. Some of the key tasks that you will be responsible for include:
- Trade Finance Document Scrutiny: You will be responsible for scrutinizing all trade finance-related documents such as Letters of Credit, Collections, Bank Guarantees, etc. to ensure compliance with the bank’s guidelines and regulatory standards.
- Processing of Trade Finance and Forex Transactions: You will be involved in processing trade finance and forex transactions at a centralized location on behalf of all branches of the bank. It will be crucial to ensure accurate and efficient processing of transactions within the specified Turnaround Time (TAT).
- Reconciliation of Trade Finance and Forex Entries: You will be required to reconcile trade finance and forex-related entries in the bank’s systems and ensure compliance with the bank’s norms.
- Timely Submission of Reports and Compliance: You will be responsible for timely submission and compliance with all audit reports and requirements.
- Collaboration and Stakeholder Management: You will need to work closely with various stakeholders, including junior staff, front office branch teams, and customers, to provide support and guidance on trade finance-related matters.
Key Responsibility Areas As a Trade Finance Officer, your role is critical in ensuring smooth and efficient trade finance operations within the bank. Your key responsibility areas will include:
- Accurate and Efficient Processing: It will be essential to ensure accurate and efficient processing of all allotted trade finance and forex transactions within the designated Turnaround Time (TAT).
- Tracking and Follow-up: You will be responsible for tracking and ensuring timely completion of periodic activities such as maturities, payments, customer reconciliations, and prompt follow-ups.
- Account Reconciliation: You will need to perform timely reconciliation of trade finance and forex-related entries in the bank’s systems as per the specified norms and guidelines.
- Adherence to Guidelines: It is crucial to adhere to all regulatory, bank, and international guidelines, such as those issued by RBI, ICC, FEDAI, etc., in the process of trade finance operations.
- Risk Mitigation: You will play a role in managing and mitigating risks associated with trade finance operations by ensuring compliance with guidelines, following proper protocols, and maintaining accurate records.
- Process Improvement and Training: As part of your responsibilities, you may be involved in process improvement initiatives, participate in training activities, and provide inputs for enhancing the overall efficiency of trade finance operations