State Bank Of India Recruitment 2022 for SO

Vacancy Circular No:

State Bank of India (SBI)
invites applications for recruitment of SO

SO

Number of Vacancy: 2 Posts

Educational Qualification: B.Com, B.Tech/B.E, MBA/PGDM

Recruitment Of Specialist Cadre Officers On Regular Basis

1. Position: Manager (Performance Planning & Review)

2. Grade / Scale: MMGS-III

3. Nature of Engagement: Regular

4. No of Post: 02

5. Place of Posting: Mumbai

6. Qualifications: -

i) B.Com./B.E./B.Tech., and

ii) PG in Management / MBA or its equivalent from recognized university/ college as 2 years full time regular course. (Institutions recognized/ approved by Govt. bodies/ AICTE / UGC). Specialisation in Finance will be preferred.

7. Experience (As on 01-11-2021): 

i) Minimum 4 years' post qualification work experience in data management and reporting in a corporate finance/ financial planning and analysis team.

ii) Experience in analysing financial statements and ratios used in banking, preparing financial models & presentations and familiarity to various RBI and SEBI guidelines will be preferred.

8. Specific Skills: Excellent proficiency in MS Office suite. Written communication and presentation skills. Understanding of financial statements, ratios, financial models and regulatory guidelines.

9. Job Profile: 

a. Financial Analysis :

Maintain the proprietary financial model comprising the detailed financials, business growth parameters, portfolio composition, business unit wise performance, all key financial ratios and historical information, Calculation and analysis of productivity ratios, financial ratios and other business ratios on a regular basis, Analysing the performance of the Bank and its individual business units, Comparison of actual performance of the Bank and its individual business units vis-à-vis budgetary targets and analysis of deviations, if any.

b. Quarterly and Annual Closing :

Prepare various presentations relating to Bank’s Quarterly results alongwith analysis and validation, Collection and collation of several data points / reports from various internal / external sources for research, comparative analysis and preparation of reports, Documentation and compilation of press release, Rigorous fact checking exercise to filter out any factual inaccuracies in the published data.

c. Peer Analysis:

Maintain database of the entire financial statements and all important ratios of the peer Banks as well as the historical information, track the quarterly results of peer Banks and provide time bound updates to the Top Management on the same, Peer Bank analysis of their quarterly performance and presenting the same to the Top Management.

d. Monthly Performance Reporting:

Mine data from central databases and align the same in the reporting template, Prepare presentations to the Top Management on the monthly performances of various business units, Monthly comparison of achievements vis-à-vis budgetary targets.

e. Regulatory Compliance:

Attending to queries from RBI, GOI, BBB etc. through quick compilation of requisite data and reporting the same in a time bound manner, provide time-to-time update to the Top Management on regulatory announcements.

10. Pay Scale: Pay Scale- 63840-1990/5-73790-2220/2-78230 Official will be eligible for DA, HRA, CCA, PF, LFC, Medical Facility etc. as per the rules in force from time to time.

11. ADVERTISEMENT NO: CRPD/SCO/2022-23/03