The State Bank of India invites applications for the position of Trade Finance Officer (Middle Management Grade Scale II) under the Specialist Cadre Officers category.
Position Details
Post Name
Grade
Vacancies
Category-Wise Distribution
Place of Posting
Age Limit (as of 31/12/2024)
Trade Finance Officer
MMGS-II
150
SC: 24, ST: 11, OBC: 38, EWS: 15, UR: 62
Hyderabad & Kolkata
Min: 23 years, Max: 32 years
Reservation for PwBD (Persons with Benchmark Disabilities):
Visually Impaired (VI): 1
Hearing Impaired (HI): 1
Locomotor Disability (LD): 2
Autism/Multiple Disabilities (d&e): 2
Eligibility Criteria
Educational Qualification (as of 31/12/2024):
Mandatory: Graduation in any discipline from a recognized university.
Required Certifications:
Certificate in Forex by IIBF (latest by 31/12/2024).
Preferred Certifications:
CDCS (Certified Documentary Credit Specialist), Certificate in Trade Finance, or Certificate in International Banking.
Experience (as of 31/12/2024):
Minimum 2 years of post-qualification experience in Trade Finance processing as an executive in a supervisory role in any Scheduled Commercial Bank or Foreign Bank.
Age Relaxation:
SC/ST: 5 years
OBC (Non-Creamy Layer): 3 years
PwBD: 10 years
Job Responsibilities
Key Responsibility Areas (KRAs)
Role Description
Document Scrutiny
Review trade finance documents for compliance with RBI, ICC, and other regulatory guidelines.
Processing Transactions
Ensure accurate and timely processing of Trade Finance and Forex transactions at a centralized location.
Reconciliation
Manage account and system reconciliation for Trade Finance and Forex transactions.
Compliance
Adhere to Bank’s TAT and regulatory guidelines.
Customer Support
Coordinate with branches and resolve escalations to ensure customer satisfaction.
Selection Process
Stage 1: Shortlisting
Candidates will be shortlisted based on qualifications and experience.
Stage 2: Interview
Weightage: 100 marks (minimum qualifying marks to be decided by SBI).
Merit List Preparation: Based on interview scores. In case of a tie, candidates will be ranked based on age in descending order.
Application Process
Key Dates:
Online Registration: 3rd January 2025 – 23rd January 2025
Fee Payment Deadline: Same as registration end date.
Application Fee:
Category
Fee (₹)
General/EWS/OBC
750
SC/ST/PwBD
Nil
How to Apply:
Register and fill out the application form online at SBI Careers Portal.
Upload the required documents in the prescribed format (e.g., resume, ID proof, educational certificates).
Submit the application fee via online mode (Debit Card/Credit Card/Net Banking).
Documents Required for Upload:
Recent Photograph & Signature
Resume
ID Proof & Proof of Date of Birth
Educational & Experience Certificates
Caste/Income/PwBD Certificates (if applicable)
Pay Scale & Benefits
Grade
Pay Scale (₹)
Allowances
MMGS-II
₹64,820 – ₹93,960
DA, HRA, CCA, NPS, Medical Facilities, and other perquisites as per SBI norms.
General Guidelines
Candidates must regularly check the SBI website for updates.
No hard copy of applications or documents is required to be sent to SBI.
Selected candidates will be subject to a probation period of 6 months.