SIDBI invites Applications for Recruitment of Specialist Officers in Grades ‘A’ and ‘B’ and Consultant (Merchant Banking) – 2016

Small Industries Development Bank of India (SIDBI) invites Online applications for recruitment of Specialist Officers in Grades ‘A’ and ‘B’ and Consultant (Merchant Banking) – 2016.

Important Dates:

Closing of On-line Registration Gateway / payment of fees :- July 05, 2016
Cut-off date for determining Eligibility Criteria with regard to age :- June 21, 2016
Cut-off date for determining Eligibility Criteria with regard to educational qualification :- July 05, 2016

Name of Posts  Pay scale /Minimum Gross emoluments Age Limit (as on 21/06/2016)  No of Vacancies
Assistant Manager – Grade ‘A’ 17100 – 1000 (11) – 28100 – EB – 1000(4) – 32100 – 1100 (1) – 33200 (17 years) ` 47,000/- approx 25 to 35 Years  02
Private Secretary – Grade ‘A’ 17100 – 1000 (11) – 28100 – EB – 1000(4) – 32100 – 1100 (1) – 33200 (17 years) ` 47,000/- approx 21 to 28 Years  03
Manager – Grade ‘B’ 21000 – 1000 (9) – 30000 – EB – 1000 (2) – 32000 – 1100 (4) – 36400 (16 years) ` 57,000/- approx 24 to 32 years 01
Manager – Grade ‘B’ Economist 21000 – 1000 (9) – 30000 – EB – 1000 (2) -32000 – 1100 (4) – 36400 (16 years) 21 to 28 Years  01
Consultant (Merchant Banking, On Contract Basis)  CTC – `22.00 Lakh per annum, approx 35 to 55 Years 01

 

Educational Qualification and Experience:

Assistant Manager Grade ‘A’ ->

(1) Graduate Degree from recognized University or equivalent.
(2) Proficiency in computers is essential.
(3) An officer with minimum 5 years commissioned service in the Army/ Navy/ Air Force.

Private Secretary Grade ‘A’ ->

(1) Graduation or Post Graduation with minimum 60% marks in aggregate from a recognized
University.
(2) A Pass in Stenography Lower / Junior Grade Examination in English conducted by State Board of Examination / Board of Technical Examination / Board of Technical Education and Training.
(3) A Pass in Typewriting Higher / Senior Grade Examination in English conducted by State Board of Examination / Board of Technical Examination / Board of Technical Education and Training.
(4) Minimum 2 years of relevant work experience.

Manager Grade ‘B’ (Electrical Engineer) ->

(1) Graduation in Engineering in Electrical with minimum 60% marks in aggregate from a recognized University. Post Graduates in the same discipline will be preferred.
(2) Minimum 5 years in execution/ maintenance of electrical installations in large   buildings / commercial buildings having HT / LT substations, central AC plants, lifts, UPS, DG sets, CCTV, Fire alarm system, etc.

Manager Grade ‘B’ ->

(1) Post Graduation Degree in Economics from a recognized University. Candidates should have excellent communication and writing skills.
(2) Minimum 2 years as an Economist or Analyst with Financial Institutions/ Banks / Industry Chambers / Rating Agencies. Preference will be given to candidates having
background in macroeconomic forecasting and analysis.
(3) Candidates having hands on experience in Econometric packages like STATA (Data Analysis and Statistical Software), SAS (Statistical Analysis System) and EVIEWS will be given preference.

Consultant (equivalent to Grade D) (Merchant Banking) ->

(1) MBA (Finance) / Chartered Accountant (CA) / Company Secretary / Post Graduate.
(2) Minimum 10 years in Financial sector / Law firms along with 5 years experience     working with SEBI recognized Category – I Merchant Banker handling issue Management, Merger, Acquisition, Listing, De-listing, ESOP Valuation, Project Appraisal, Loan Syndication, etc.

Selection Process: Interview only for Consultant (Merchant Banking) Post; Online Examination and Personal Interview for Group A Posts; Online Examination , Group Discussion (GD) and Personal Interview.

Exam Pattern:  The online test shall be of objective type and in Hindi and English except for the Test of English Language. The Candidates have to choose the most appropriate answer and ‘mouse click’ that alternative which they feel is appropriate/ correct. The alternative / option that is clicked on will be treated as the answer to that question. There will be penalty for wrong answers i.e. for every wrong answer; one-fourth of the mark assigned to that question will be deducted from those obtained by the candidates.

Assistant Manager Grade ‘A’ / Private Secretary  :

Test

No of Questions

Marks

Reasoning

50

50

English Language

50

50

Quantitative Aptitude

40

40

General Awareness (With special reference to Banking Industry)

40

40

Computer Knowledge

20

20

Total

100

Manager Grade ‘B’ (Economist):

Test

No of Questions

Marks

Reasoning

40

20

English Language

30

15

General Awareness

30

15

Subject Knowledge

50

150

Online Descriptive Test

2

50

Total =

250

Manager Grade ‘B’ (Electrical Engineer)  :

Test

No of Questions

Marks

Reasoning

40

20

English Language

30

15

General Awareness

30

15

Subject Knowledge

50

150

Total =

200

How to Apply: Eligible Candidates can apply online only from SIDBI’s website on or before 05/07/2016.

Application Fee :  50/- (Intimation Charge Only) for SC / ST / PWD;

500/- ( 450 for Application Fee,  50 for Intimation Charge) for General and OBCs;

No fee for Staff Candidates.

The payment can be made through Online Payment (by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets) during Online Registration.

Detailed advertisement .

Apply online.