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SIDBI Bank Recruitment 2022 for Deputy Managing Director

Vacancy Circular No:

Small Industries Development Bank of India (SIDBI Bank)
invites applications for recruitment of Deputy Managing Director

Deputy Managing Director

Job Location:

Anandrao Nair Marg, Mumbai Central, Mumbai, 400008 Maharashtra
Last Date: 21 February 2022
Employment Type: Full Time

Number of Vacancy: 3 Posts

SIDBI
SIDBI Recruitment 2022 Details
Job Role Deputy Managing Director
Education Requirement CA
Total Vacancy 3 Posts
Job Locations Mumbai
Age Limit At least 45 years and not more than 55 years, as of 31st January 2022
Experience 20 - 25 years
Salary Not Disclosed
Posted on 14 Feb, 2022
Last Date To Apply 21 Feb, 2022

Educational Qualification: CA, MBA/PGDM

Banks Board Bureau invites applications from qualified candidates for the post of the Deputy Managing Director – Lending and Project Finance (DMD – L&PF) of NaBFID on a full-time basis.

1. Post Name: Deputy Managing Director – Lending and Project Finance

2. Minimum Educational Qualification: Post-graduate or equivalent or professional qualification of CA / MBA or equivalent.

3. Experience: Minimum 20 years of experience as of 31st January 2022 in any mainstream banking or financial lending business such as Scheduled Commercial Banks (SCBs), AIFIs, NBFCs, or multilateral institutions with

(a) Candidate should have at least two years of experience at a Board level position as of 31st January 2022, including part or whole of this experience in an institution with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021 and

(b) Candidate should have current or prior exposure to project Finance, as of 31st January 2022 Candidate should have at least five years of experience in the Project Finance function with two years of experience as the *Head of Project Finance as of 31st January 2022 in such institutions with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021

(c) The incumbency of Board level position/ Head of Project Finance function/ five years of experience in the Project Finance function should not be older than three years prior to 31st January 2022. *In case candidate is part of a Bank/ Institution which does not have a designated project finance function but has been involved in project finance currently or in past, will be required to submit a synopsis of such experience.

4. Tenure: Candidate shall hold office for a term not exceeding five years as prescribed by Central Government and shall be eligible for re-appointment subject to an overall term not exceeding ten years; provided that he/she shall not hold office after attaining the age of sixty-two years

5. Salary & Allowances : The salaries and allowances payable to the Deputy Managing Director shall be guided by market standards and be governed by regulations made by the Board of NaBFID in this behalf

 

1. Post Name: Deputy Managing Director – Chief Financial Officer

2. Minimum Educational Qualification: Post-graduate or equivalent or professional qualification of CA / MBA or equivalent.

3. Experience: Minimum 20 years of experience as of 31st January 2022 in any mainstream banking or financial lending business such as Scheduled Commercial Banks (SCBs), AIFIs, NBFCs, or multilateral institutions with

(a) Candidate should have at least two years of experience at a Board level position as of 31st January 2022, including part or whole of this experience in an institution with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021 and

(b) Candidate should have at least five years of experience in the Finance or the Treasury function with at least two years of experience as CFO or the Head of Treasury as of 31st January 2022 in such institutions with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021 older than three years prior to 31st January 2022.

(c) The incumbency of Board level position/ Head of Project Finance function/ five years of experience in the Project Finance function should not be older than three years prior to 31st January 2022. *In case candidate is part of a Bank/ Institution which does not have a designated project finance function but has been involved in project finance currently or in past, will be required to submit a synopsis of such experience.

4. Tenure: Candidate shall hold office for a term not exceeding five years as prescribed by Central Government and shall be eligible for re-appointment subject to an overall term not exceeding ten years; provided that he/she shall not hold office after attaining the age of sixty-two years

5. Salary & Allowances : The salaries and allowances payable to the Deputy Managing Director shall be guided by market standards and be governed by regulations made by the Board of NaBFID in this behalf

 

1. Post Name: Deputy Managing Director – Chief Risk Officer

2. Minimum Educational Qualification: Post-graduate or equivalent or professional qualification of CA / MBA or equivalent.

3. Experience: Minimum 20 years of experience as of 31st January 2022 in any mainstream banking or financial lending business such as Scheduled Commercial Banks (SCBs), AIFIs, NBFCs, or multilateral institutions with

(a) The candidate should have at least two years of experience at a Board level position as of 31st January 2022, including part or whole of this experience in an institution with a balance sheet of more than Rs. 3 lakh crore as of 31.03.2021 and

(b) The candidate should have current or prior exposure to the Risk function as of 31st January 2022.

(c) Candidate should have at least five years of experience in Risk Management function with two years of experience as the Head of Risk as of 31st January 2022 in such institutions with a balance sheet of more than Rs. 3 lakh crore, as of 31.03.2021

(d) The incumbency of Board level position /Head of Risk/ experience in Risk Management function should not be older than three years prior to 31st January 2022.

4. Tenure: Candidate shall hold office for a term not exceeding five years as prescribed by Central Government and shall be eligible for re-appointment subject to an overall term not exceeding ten years; provided that he/she shall not hold office after attaining the age of sixty-two years

5. Salary & Allowances: The salaries and allowances payable to the Deputy Managing Director shall be guided by market standards and be governed by regulations made by the Board of NaBFID in this behalf.

Pay Scale:
INR
Not Disclosed

Age Limit: At least 45 years and not more than 55 years, as of 31st January 2022

Selection Procedure

1. Selection will be based on Shortlisting and Personal Interviews. Applications received shall be screened and shortlisted based on experience and eligibility conditions. The candidates may be called for preliminary interactions to determine their eligibility.

2. Candidates will be shortlisted based on their qualifications, experience, and overall suitability for Personal Interviews. Selection of the candidate will be done by NaBFID on the recommendation of the Banks Board Bureau (BBB). In order to canvass/ reach out to a wider pool of candidates, NaBFID retains the right to additionally avail services of third parties (including recruitment agencies) to suggest potential candidates.

3. Such potential candidates, if determined to be eligible, in terms of this advertisement (or recruitment notice) shall be invited to appear before the evaluation process to be carried out by BBB. Confidentiality of the selection process will be maintained.

How to Apply:

1. The last date for submitting the complete online application is 21st March, 2022 by 5 pm IST. Before applying, candidates are advised to ensure that they fulfill the stipulated eligibility criteria. 

2. All applicants are required to apply online by submitting the details and scanned copies of the relevant documents. The link to the application is available on the BBB website https://banksboardbureau.org.in under the vacancies tab.

3. Kindly do not submit multiple applications for the same role or multiple roles. In case of multiple applications, the last submitted application will be considered based on the date/time of submission. In such cases, no part of the earlier submitted applications, including uploads shall be considered.

Incomplete applications shall not be considered.

4. Interested candidates who fulfill the eligibility criteria may apply online on https://banksboardbureau.org.in


Important Dates:

Published on: 14 February 2022

Last date for application is: 21 February 2022

For more details, please refer to official notification at

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About Small Industries Development Bank of India Recruitment

About Small Industries Development Bank of India

Small Industries Development Bank of India is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises. Beginning as a refinancing agency to banks and state level financial institutions for their credit to small industries, it has expanded its activities, including direct credit to the SME through 100 branches in all major industrial clusters in India. Besides, it has been playing the development role in several ways such as support to micro-finance institutions for capacity building and onlending.
It is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.

SIDBI has also floated several other entities for related activities. Credit Guarantee Fund Trust for Micro and Small Enterprises provides guarantees to banks for collateral-free loans extended to SME.

Small Industries Development Bank of India recruitment offers great career opportunities for several posts such as Chief Treasury Officer (Forex), Treasury Officer (Forex), Deputy Treasury Officer (Forex).

Interested candidates can pursue courses in Graduation + Masters Degree in Finance/ Banking/ Treasury/ International Trade or CA or ICWA or CFA (USA) or FRM for a great career at SIDBI.

Official Address:
Small Industries Development Development Bank of India SIDBI Tower 15, Ashok Marg Lucknow - 226001 Lucknow, Uttar Pradesh
Phone: +91 - 522 - 2288547 / 48 / 49 / 50
Fax:

Frequently Asked Questions (FAQs)

How many vacancies are there?

There are 3 vacancies in total. Deputy Managing Director: 3 Posts,

What is the Pay Scale for Deputy Managing Director?

The Payscale is as follows Deputy Managing Director: INR Not Disclosed,

When can I can apply for Deputy Managing Director job at Small Industries Development Bank of India

You can go through the offical document provided, and follow the instructions to apply online. Always follow the dates mentioned in the official PDF.

Where will I be placed if selected?

The selected candidate will be placed in Anandrao Nair Marg, Mumbai Central

What is Small Industries Development Bank of India Deputy Managing Director: 3 Posts, Application Last Date

The last date to apply for Small Industries Development Bank of India Deputy Managing Director: 3 Posts, is 21st February, 2022

How can I apply for this job?

Complete information regarding this job is given on this page. Link to official document is also provided. The candidates are adivsed to go through it thorouly before Apply Online. If the job interests you and you are eligible for Deputy Managing Director, then click on the apply online link given below. You can apply online. Remember the last date to apply for this job is 21st February, 2022