SBI SO Exam 2018 : Notification Released – Vacancies, Eligibility, Age Limit
SBI SO Exam 2018 : Notification Released – Vacancies, Eligibility, Age Limit
Dear Bankersdaily Aspirants,
Notifications from the Banking Organizations are a regular process and we are getting constant notifications from them throughout this month. We still believe the notification of the SBI PO EXAM 2018 will be released soon. So check the notification released for the State Bank of India (SBI) Specialist Officer now.
State Bank of India invites application for the post of Specialist Officer Cadre Posts from Indian Citizen. Candidates who wish to apply for the post of Specialist officers can apply through the Bank’s website like https://bank.sbi/careers or https://www.sbi.co.in/careers or from the links that is provided below.
OFFICIAL SBI WEBSITE
TOTAL NUMBER OF VACANICES
| Post Sr.
No. |
Post | Nature of engagement |
Grade |
Vacancies | Age (yrs.)* | Selection Process | ||||||||
| GEN | SC | ST | OBC | OH | HI | VI | Total | Min | Max | |||||
| 1 | Special Management Executive | Regular | MMGS-III | 19 | 05 | 02 | 09 | 01# | – | – | 35 | 30 | 40 | Shortlisting and Interview` |
| 2 | Deputy General Manager (Law) | Contractual$$ | TEGS-VI | 01$ | – | – | – | – | – | – | 01 | 42 | 52 |
Shortlisting and Interview |
| 3 | Deputy General Manager (Law) | Regular | TEGS-VI | 01$ | – | – | – | – | – | – | 01 | 42 | 52 | |
| 4 | Deputy Manager (Law) | Regular | MMGS-II | 42 | 12 | 06 | 22 | 03# | – | – | 82 | 25 | 35 | Written test & Interview© |
DETAILS OF EDUCATIONAL QUALIFICATION/ EXPERIENCE :
| Post Sr.
No. |
Post | Educational Qualification | Post Qualification Experience (As on 31.12.2017) | Likely place of posting |
| 1 | Special Management Executive (Regular) | CA/ ICWA/ ACS/ MBA in Finance or 2 years PG Diploma in Finance (l The course should be of 2 years full time duration. l Course completed through correspondence/ part-time are not eligible. l The institute should be recognized/ approved by Government bodies/ AICTE) | Minimum 5 years post qualification experience (as on 31.12.2017) as an Executive in Supervisory/ Management role :
a. In a Scheduled Commercial Bank/ Associate or Subsidiary of a Scheduled Commercial Bank. OR b. In a Public Sector or listed Financial Institution/ Company. Candidates having experience in processing of credit proposals are preferred. |
Mumbai and Delhi |
| 2 | Deputy General Manager (Law) (Contractual) | Degree in Law (3 years/ 5 years) from a recognised University India. | Enrolled as Advocate with Bar Council and having minimum 17 years of experience as Law Officer in the Legal Department of Scheduled Commercial Banks OR Financial Institutions OR Asset Reconstruction Company OR combined experience as Law Officer in the Legal Department of Scheduled Commercial Bank and Asset Reconstruction Company and having extensive experience in Recovery & Rehabilitation.
The experience should be after enrolment as advocate with Bar Council. |
Mumbai |
| 3 | Deputy General Manager (Law) (Regular) | Degree in Law (3 years/ 5 years) from a recognised University India. Post Graduate degree in Law will be preferable. | Enrolled as Advocate with Bar Council and having minimum 17 years of experience as Law Officer in the Legal Department of Scheduled Commercial Banks OR Financial Institutions OR Asset Reconstruction Company OR combined experience as Law Officer in the Legal Department of Scheduled Commercial Bank and Asset Reconstruction Company and having extensive experience in Recovery & Rehabilitation.
The experience should be after enrolment as advocate with Bar Council. |
Mumbai |
| 4 | Deputy Manager (Law) (Regular) | Degree in Law (3 years/ 5 years) from a recognised University India. | Enrolled as Advocates with Bar Council and having 4 years of experience as practicing Advocate OR Law Officer in the Legal Department of Scheduled Commercial Banks OR 4 years combined experience as practicing advocate and Law Officer in the Legal Department of Scheduled Commercial Banks.
The experience should be after enrolment as advocate with Bar Council. |
Anywhere in India |
Please note that the educational qualification prescribed for various posts are the Candidate must possess the
qualification and relevant full time post qualification experience as on 31.12.2017.
SELECTION PROCEDURE
- Special Management Executive & Deputy General Manager (Law) (both regular & contractual): The selection process will involve shortlisting and interview. The applications received will be shortlisted on the basis of candidate’s qualification, suitability, experience etc. Adequate number of candidates as decided by the Bank will be called for Interview. The candidates will be awarded marks out of 50 and the qualifying marks in Interview will be as decided by the Bank. The selection will be made from the top merit ranked candidates in each category.
- Deputy Manager (Law): The selection of candidates will be on the basis of online written test and interview. The test will be conducted tentatively on 06.05.2018. The call letter of test will be uploaded on Bank’s website and also advised to the candidates through SMS and e-mails. Candidates will be required to download the call letters.
CANDIDATE SHOULD CHOOSE THE NAME OF THE CENTRE WHERE HE/ SHE DESIRES TO APPEAR IN THE EXAMINATION. NO CHANGE IN THE CHOICE OF EXAMINATION CENTRE WILL BE ENTERTAINED. THE BANK, HOWEVER, RESERVES THE RIGHT TO ADD OR DELETE ANY CENTRE AND ALLOT THE CANDIDATE TO ANY CENTRE OTHER THAN THE ONE HE/ SHE HAS OPTED.
| Test | No.of Questions | Time | Max. marks |
| Reasoning | 70 | 90 |
100 |
| English Language | 50 | 50 | |
| Professional Knowledge | 50 | 45 |
- Except Professional Knowledge (PK) paper, other papers will be qualifying in nature. Candidates have to score minimum qualifying marks in these papers. The minimum qualifying marks will be as decided (or may be waived) at the discretion of Bank. The questions will be bilingual i.e. in Hindi & English (except for test of English Language). The candidates will have option to give their answer in Hindi or English (except for test of English Language).
Application Fee :
General & OBC : Rs. 600/-
SC/ST/PWD Candidates : Rs. 100/-
Job Profile of SBI SO EXAM 2018
1. Special Management Executive(Regular)
- Perform account reviews with the Top Management and assist in taking decision with respect to resolution/ recovery and what mode of resolution/ recovery should be initiated.
- Advise branches in business verticals about observed shortcomings in the proposals due to which there was slippage in the asset quality.
- Guide branches for implementation of resolution plan.
- To keep abreast of latest developments in the respective sector through comprehensive industry analysis and research with the overall purpose of enhancing the quality of resolution.
- Resolution/ Rehabilitation of credit facilities including rectification and restructuring by keeping DGM (ARC), DGM (NCLT), DGM (OTS), DGM (SARG – Retail) and DGM (SARG – Commercial) in the loop wherever necessary.
- Contribution towards reduction in budgeted provisioning.
- Support for resolution of accounts through NCLT.
- Checking the viability of resolution plans.
- Monitoring of accounts in SMA category and devising strategies for their up-gradation, if required.
- Any other work/ responsibility that may be assigned, from time to time, by the Bank.
2. Deputy General Manager (Law) (Contractual)
- Analysing, drawing and negotiating various kinds of agreements including Resolution Agreements/ Sale Agreements for Financial Assets/ Inter-Creditor agreements etc.
- Drawing of Loan Restructure Documents/ Master Debt Recast and Restructuring Agreement etc.
- Offering opinion on restructuring of Corporate/ Infrastructure projects under prevalent legal provisions.
- Expertise in understanding and analyzing Sector Specific Concession Agreement with various Authorities and the impact/ repercussions thereof.
- Familiarity with Insolvency Laws, Debt Recovery laws, SARFAESI Act and current trends, updates and issues in the field.
- Guiding and advising sectoral teams, branches and other functionaries on queries regarding legal matters as and when required.
- Verifying the legal correctness of Information Memorandum (IM) and other such documents and guiding the operational units whenever necessary.
- Handling matters relating to Corporate Debt Restructuring/ Strategic Debt Restructuring/ Scheme for Strategic Structuring of Stressed Assets ( S for A) and other forms of restructuring.
- Vetting a Resolution Plan particularly in the context of provisions of IBC related law/ judgments.
- Knowledge in laws relating to Take-Over/ Merger/ Amalgamation of Corporates.
- Following up all the Insolvency, Debt Recovery cases.
- To assist in empanelment of lawyers, insolvency professionals etc.
- Handling any other matter referred to for legal opinion/ advice.
- Any other work/ responsibility that may be assigned, from time to time, by the Bank.
3. Deputy Manager Manager (Law) (Regular)
- Providing analytical and comprehensive in-house legal service across a broad range of legal issues (including those involving the affiliates of organization)
- Keeping oneself updated and also, wherever necessary, briefing the top management of the organization about the latest legal developments
- Disseminating knowledge on relevant legal issues and developments to the operational functionaries and, if required, suggesting/ initiating necessary changes in the policy, procedure or functioning of the organization
- Offering opinion on various legal issues including those related to recovery, restructuring, resolution etc.
- Analysing, drafting, vetting and negotiating agreements, contracts, deeds or documents required in the course of business
- Supporting the operational functionaries in understanding and mitigating the legal risk in contracts, negotiations, deals, projects etc.
- Mapping out strategies, in coordination with the relevant operational functionaries, for effective litigation management
- Coordinating with statutory authorities/ regulatory authorities/ self-governing bodies on issues involving legal aspects
- Instructing and coordinating with advocates and other professionals wherever necessary
- Supporting operational functionaries in conduct of litigations by and against the organization and attending the court or tribunal or any judicial/ quasi-judicial forum, whenever required.
- Supporting and developing the in-house legal team
- Any other work/ responsibility that may be assigned, from time to time, by the Bank.
4. Deputy Manager (Law) (Regular)
- Scrutiny of property documents to ascertain devolution of title.
- Conducting search of records at Registrar Office, Court and related offices as well as conducting online ROC searches.
- Obtaining Certificate of Encumbrances from relevant offices.
- Verification/ Vetting of documents in connection with Title Verification.
- Ensuring availability / compliance of legal/ statutory clearances/ dues.
- Submission/ Scrutiny of Title Verification Report as per Bank’s Format
- Determining acceptability of the title to the immovable properties offered as security (primary OR Collateral OR both).
- Co-ordinate with Bank’s empanelled Advocates and also the legal teams of Builders for quick disposal of proposals.
- Provide legal opinion in respect of other related areas as and when sought, on an ongoing basis.
- Offering opinion on various legal issues, drafting, vetting and negotiating agreements, contracts, deeds or documents.
- Supporting the operational functionaries in understanding and mitigating the legal risk in contracts, negotiations, deals, projects etc. and in conduct of litigations including attending the judicial/ quasi-judicial forum, whenever required.
- Keeping oneself updated about the latest legal developments and disseminating knowledge on the same to the operational functionaries.
- Coordinating with the statutory authorities/ regulatory authorities/ self-governing bodies on issues involving legal aspects.
- Instructing and coordinating with advocates and other professionals wherever necessary.
- Title investigation of property and matter related thereto, if the individual is posted in specialised units identified for home loans or real-estate related advances/ loans.
- Any other work/ responsibility that may be assigned, from time to time, by the Bank.
Aspirants can check the Official notification regarding the SBI Specialist Officer 2018 from the link that is provided below.
DOWNLOAD – SBI SO NOTIFICATION 2018
