SIDBI (Small Industries Development Bank of India) has announced a recruitment drive for Grade ‘B’ officers on delegation for the 2024-25 financial year. This recruitment aims to fill 35 vacancies in its branch offices across different verticals, focusing on Risk Management and Treasury & Resource Management.
The selected candidates will initially be deputed for three years, possibly extending their tenure by another two years based on their performance and the organization’s requirements. The starting pay scale for these positions is ₹55,200, offering an attractive financial package for eligible candidates.
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SIDBI Grade B Manager Recruitment 2024
Candidates interested in applying for the Grade ‘B’ Manager positions must submit their applications by September 30, 2024. Applicants must follow the proper channels to ensure their submissions are complete and timely. The application must include the following documents:
- A recent passport-sized photograph
- A detailed CV
- Performance appraisal reports from the past few years
- Vigilance clearance certificate from the current employer
Candidates can mail their applications to the designated address or submit them electronically via email at recruitment @sidbi.in. It’s crucial to apply well in advance as late or incomplete applications will not be considered for recruitment.
Selection Process
The selection process for SIDBI’s Grade ‘B’ Manager positions is straightforward, consisting of two main stages. First, applications will be shortlisted based on eligibility and other criteria. Shortlisted candidates will then be invited for a personal interview, which could be conducted either online or in person, depending on the circumstances at the time.
The final selection will be based solely on the candidate’s interview performance. SIDBI may also create a waitlist and reserve the right to modify the selection process if needed to ensure they select the most qualified individuals.
Vacancies and Pay Scale
SIDBI is looking to recruit 35 Grade ‘B’ Managers across various functions. The pay scale for these positions ranges from ₹55,200 to ₹99,750, making this a lucrative opportunity for candidates in the banking and financial sector.
Post Name |
Vacancies |
Pay Scale |
|---|---|---|
Manager in Grade ‘B’ (General Stream) |
35 |
₹55,200 – ₹99,750 |
Eligibility Criteria
The eligibility criteria for the Grade ‘B’ Manager positions differ slightly depending on the vertical. Below is a summary of the qualifications required for each role:
Post Name |
Educational Qualifications |
Age Limit |
|---|---|---|
Manager in Grade ‘B’ (General Stream) |
Graduate in any discipline; MBA, CA, CFA, or other advanced certifications preferred |
37 years |
Risk Management Vertical |
Graduate with MBA/PGDM in Finance, MSc in Risk Management, or BE/BTech with specialized risk management qualifications |
37 years |
Treasury & Resource Management Vertical |
Graduate with MBA/PGDM in Finance or equivalent qualifications |
37 years |
Important Dates
- Application Deadline: September 30, 2024
Candidates should carefully follow the timeline to ensure their applications are submitted on time. This recruitment offers an excellent career advancement opportunity in a reputable financial institution, especially for those specializing in risk management, finance, and resource management.
SIDBI’s Grade ‘B’ officer positions allow professionals to work in an organization that supports and promotes small industries in India, thereby playing a key role in economic growth and development. Candidates are encouraged to apply early and prepare thoroughly for the selection process.
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