Small Industries Development Bank of India Invites Application for Deputy Managing Director Recruitment 2022

Vacancy Circular No:

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

Deputy Managing Director

Number of Vacancy: 3 Posts

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.