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.
Candidates are advised to apply ONLINE, through Bank’s web site at www.sidbi.in after carefully going through all the instructions contained in this application and general instructions given in this advertisement.
Total No. of Posts: 08 Posts
Name of the Posts
Scale of Pay
Post 1: Rs.17100-1000 (11)-28100-EB-1000(4) -32100-1100 (1)-33200 (1 7 years); Rs.47000/- approx
Post 2: Rs.17100-1000 (11)-28100 -EB-1000(4) -32100-1100 (1)-33200 (1 7 years); Rs.47000/- approx
Post 3: Rs.21000-1000 (9)-30000 – EB-1000 (2)-32000-1100 (4)-36400 (16 years)
Post 4: Rs.21000-1000 (9) – 30000-EB – 1000 (2)-32000-1100 (4)-36400 (16 years)
Post 5: Rs. 22.00 Lakh per annum, approx
Nationality / Citizenship: A candidate must be either (i) a citizen of India or (ii) a subject of Nepal or (iii) a subject of Bhutan or (iv) a Tibetan refugee (who came over to India before 1st January 1962) with the intention of permanently settling in India or (v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malwi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
Provided that a candidate belonging to categories (ii), (iii), (iv) or (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Govt. of India.
Age Limit (as on 21st June 2016)
Candidates age should be not below 25 years and not exceeding 35 years for Post 1, not below 21 years and not exceeding 28 years for Post 2, not below 24 years and not exceeding 32 years for Post 3, not below 21 years and not exceeding 28 years for Post 4, not below 35 years and not exceeding 55 years for Post 5. Age relaxation is 03 years for OBC Candidates, 10 years in upper age limit for PwD (unreserved), 13 years for PwD (OBC) and 15 years for PwD (SC/ ST) candidates is admissible as per rules.
Educational Qualification & Experience
Assistant Manager Grade ‘A’:
Candidates should possess MBA (Finance)/ Chartered Accountant/ Company Secretary/ Post Graduation for Assistant Manager Grade ‘A’
Minimum 10 years in Financial sector /Law firms along with 5 years experience working with SEBI recognised Category-I Merchant Banker handling issue Management, Merger, Acquisition, Listing, De-listing, ESOP Valuation, Project Appraisal, Loan Syndication, etc.
Private Secretary Grade ‘A’
Candidates should possess Graduation or Post Graduation with minimum 60% marks in aggregate from a recognised University or;
A Pass in Stenography Lower/Junior Grade Exam in English conducted by State Board of Examination / Board of Technical Examination/Board of Technical Education and Training
A Pass in Typewriting Higher/Senior Grade Examination in English conducted by State Board of Exam/Board of Technical Examination/ Board of Technical Education and Training.
Minimum 2 years of relevant work experience
Manager Grade ‘B’ (Electrical Engineer)
Candidates should possess Graduation in Engineering in Electrical with minimum 60% marks in aggregate from a recognized University. Post Graduates in the same discipline will be preferred
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’
Candidates should possess Post Graduation Degree in Economics from a recognised University. Candidates should have excellent communication and writing skills.
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
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)
Candidates should possess MBA (Finance)/Chartered Accountant (CA)/Company Secretary/Post Graduate
Minimum 10 years in Financial Sector /Law firms along with 5 years experience working with SEBI recognised Category-I Merchant Banker handling issue Management, Merger, Acquisition, Listing, De-listing, ESOP Valuation, Project Appraisal, Loan Syndication, etc.
Interview only for Consultant (Merchant Banking) Post; Online Examination and Personal Interview for Group A Posts; Online Examination, Group Discussion (GD) and Personal Interview.
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
Application Fee (A Non-Refundable)
Rs.50/- (Intimation Charge Only) for SC/ST/ PWD; Rs.500/- (Rs.450 for Application Fee, Rs.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.
How to Apply
Candidates to go to the SIDBI website www.sidbi.in – click on the option “APPLY ONLINE” which will open a new screen.
To register application, choose the tab “Click here for New Registration” and enter Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.
Candidates are required to take a printout of the e-Receipt and online Application Form. Please note that if the same cannot be generated, online transaction may not have been successful.
Opening of Online Registration Gateway/payment of Fees: 21st June 2016
Closing of On-line Registration Gateway/payment of Fees: 05th July 2016
Cut- off date for determining Eligibility Criteria with regard to Age: 21st June 2016
Cut-off date for determining Eligibility Criteria with regard to educational qualification: 05th July 2016
Small Industries Development Bank of India (SIDBI), Head Office: SIDBI Tower, 15 Ashok Marg, Lucknow-226001, Website www.sidbi.in