The State Bank of India is hiring 150 Trade Finance Officers at the Specialist Officers cadre at Middle Management Grade Scale-II (MMGS-II level). On June 7, 2024, the application process begins and ends on June 27, 2024. Applicants aged 23 to 32 years with a bachelor’s degree, a Forex certificate and at least 2 years work experience should feel free to apply.
The process of selection involves an initial shortlisting depending on a candidate’s qualifications before an interview takes place; later on there is checking of documents and going through medical examination after which application form is filled out. General/OBC/EWS applicants are required to pay Rs750 however; there are no charges for SC/ST/PWD participants. SBI accepts only online submissions through its website sbi.co.in. This creates a good chance for those who want to work at this reputable banking organization.
SBI SO Trade Finance Officer Recruitment 2024 Overview:
| Country | India |
| Organization | State Bank of India (SBI) |
| Post Name | Trade Finance Officer (MMGS-II) |
| Total Vacancies | 150 |
| Eligibility | Graduate degree, 2 years’ experience, age 23-32 |
| Application Fee | ₹750 for some, exempt for certain categories |
| Apply Date | June 7 – June 27, 2024 |
SBI SO Trade Finance Officer Recruitment 2024 Documents required:
Documents to be uploaded Details of:
- Recent Photograph
- Signature
- Detailed Resume (PDF)
- ID Proof (PDF)
- Proof of Date of Birth (PDF)
- Caste certificate (if applicable, PDF)
- PwBD certification (if applicable, PDF)
- Educational Certificates: Relevant Mark-Sheets/Degree Certificate (PDF)
- Experience certificates (PDF)
- Form-16/Offer Letter/Latest Salary slip from current employer (PDF)
- In case of Government Institute/Public Sector Unit/Public Sector Bank candidates, it is highly recommended that they should have a NOC from their employer if possible to speed up the process off our ends so much faster.
How to Apply for SBI SO Trade Finance Officer Recruitment 2024
If you want to apply for the post of Trade Finance Officers (MMGS-II) in no other than SBI, here’s the process:
- Get to the website’s landing page
- Go to the footer section of the site and locate the part labeled as “Careers”
- Press the option saying ‘Latest Announcements’
- Search for the specific advertisement dubbed “RECRUITMENT OF SPECIALIST CADRE OFFICERS ON REGULAR BASIS ADVERTISEMENT NO: CRPD/SCO/2024-25/05.”
- Hit on the “APPLY ONLINE” tab.
- Enter correct personal details in the registration form.
- Use the login details you created to access your account.
- Provide full application information.
- Ensure that the uploaded documents meet the given criteria.
- Pay the application fee through the method provided.
- Check the application form for correctness and send.
Care about the following steps closely for the triumphant application of SBI trade finance officer (MMGS-II) vacancy.
SBI SO Trade Finance Officer Recruitment 2024 Application fees:
General class, Other Backward Class, or Economically Weaker Section candidates are required to pay an application fee of ₹750 using any of the payment gateways provided by June 27, 2024. However, Scheduled Caste, Scheduled Tribes, or Persons with Benchmark Disability do not pay any fee.
| SBI SO Trade Finance Officer Recruitment 2024 Application Fee | |
| Category | Application Fee |
| Gen/ OBC/ EWS | Rs. 750/- |
| SC/ ST/ PWD | Rs. 0/- |
SBI SO Trade Finance Officer Recruitment 2024 Important Dates:
| Event | Date |
| Apply Date | 07/06/2024 |
| Last Date | 27/06/2024 |
| Exam Date | Notify Later |
Vacancy Distribution Table:
A total of 150 vacancies have been released by State Bank of India officially for the recruitment of Trade Finance Officers (MMGS-II). General category has 61 vacancies, as Scheduled Caste has 25 vacancies, Scheduled Tribes have 11 vacancies, Other Backward Class has 38 vacancies and Economically Weaker Section has 15 vacancies.
Note:
A total of four positions available in person with benchmark disability (PwBD). Out of these, one is for VI-Visually Impaired; one for HI-Hearing Impaired; one for LD-Locomotive Disability; one for either d&e which means (i) Specific Learning Disability, (ii) Mental Illness, (iii) Autism spectrum disorder, or (iv) Multiple disabilities
SBI SO Trade Finance Officer Recruitment 2024 Eligibility Criteria:
To qualify for the SBI Trade Finance Officer Recruitment 2024, all candidates need to possess specified educational qualifications and observe the required age limits.Any attempt to apply for the position by individuals who do not have these will be null and void.
- Age Limit: The age limit for SBI SO Trade Finance Officer Recruitment, 2024 23 32 years as on December 31, 2024. A relaxation is allowed for OBC candidates up to 3 years and SC/ST candidates may take advantage of 5 year age concessions.
- Educational Qualification: To apply for SBI SO recruitment in 2024, an applicant ought to make sure that he or she qualifies academically for the job. All who need it must have at least a degree relevant to their field of study and be certified in Forex form IIBF. In addition, preference will be given to candidates with a Certificate for Documentary Credit Specialists (CDCS) certification, or those with a Certificate in Trade Finance or Certificate in International Banking(if they have one).
- Experience: To be considered for this position, applicants must have at least 2 years of experience performing trade finance transactions, with some time spent supervising others, at a bank recognized under the Banking Regulation Act.
SBI SO Trade Finance Officer Recruitment 2024 Selection Process:
The SBI SO Trade Finance Officer Recruitment selection process is divided into several steps to guarantee that every applicant is thoroughly assessed and is the right fit.
- Shortlisting: In the beginning, candidates will be shortlisted using their qualifications, experience and other standards outlined in the job advert.
- Interview: Shortlisted people would thus have to undergo an interview which will be carried out by the panel. In this role, the trade finance officer (TFO) will be evaluated basing on his/ her knowledge base, skills set, experience level, and his/her fitness for purpose.
- Document verification: After the interview, verified candidates will need to undergo document verification which will check the originality of their education certificates, work experience, caste/category certificate (if applicable) and other necessary documents to ascertain the authenticity.
- Medical examination: After the interview, candidates are required to go for medical checkup to ensure they meet the needed health standards if they successfully pass both the documents verification and the interview stages.
Note:
Satisfying the requisites as well as the experience indispensable doesn’t necessarily mean that you’ll attend an interview. The bank will determine the qualifications for shortlisting utilizing a selection committee. Based on the bank’s decision, only those who qualify get picked for interviews. There will be no correspondence entertained concerning this matter as it pertains to the bank’s decisions to call any candidate for an interview or not.
The bank states that the interview is scored out of 100 and the passing score is determined by it. This decision of passing scores made by the bank is final and no correspondence will be entertained in this regard. What follows after the interviews is a ranking done according to interviews standing. If at the cut-off point more than one applicant had similar points, then age becomes the next criterion: the older person would be placed higher in rank.
SBI SO Trade Finance Officer Recruitment 2024 Salary structure:
The State Bank of India (SBI) offers a competitive salary structure for individuals applying for the position of Trade Finance Officer within the Specialist Cadre Officers (SO) Recruitment 2024 as a way of attracting and retaining top banking sector professionals.
- Basic pay: The annual starting salary for Trade Finance Officers is Rs28, 170 depending on one’s qualification. From there, the said amount forms a relatively bigger percentage of what someone takes home every month.
- Dearness allowances: The DA, is inflation proof and hence must change depending on changes in prices including rent.
- House rent allowances: HRA is offered to pay for rent that depends on which particular city you reside in.
- City compensatory allowance: In compensation for the high cost of living in metropolitan and large cities, some workers receive what could be deemed as an allowance.
- Other allowances: The various allowances are given according to the policies of the State Bank of India.
| Post Name | Vacancie s | Pay Scale |
| Trade Finance Officer | 150 | Rs. 48170-1740/1-49910-1990/10-69810 |
Note:
Candidates who will get appointed to the post of SBI SO Trade Finance Officer (TDO) will undergo a probation period of six months.
Call Letter for interview:
The interview notifications will either be sent as an email or be posted on the bank’s website and no hard copies will be provided.
Interview Preparation Tips:
Getting ready for an interview requires necessary steps if want to appear confident and professional:
- Research: Get the company’s mission, values and recent news so that you can be interested in it as well as aligned with it.
- Understand your resume: Be prepared to explain your experiences, qualifications, as well as accomplishments in clear terms.
- Work on answering general queries: Determine possible responses to commonly asked questions during job interviews such as strengths and weaknesses or why you are interested in this position.
- Prepare the questions: Before you go to a meeting ensure that you have prepared carefully thought-out questions for the company and the role.
- Dress appropriately: Ensure your clothing matches how the organization is dressed.
- Arrive Early: You should arrive at the interview early so ascertain the route before time and be at least 10-15 minutes early.
- Body Language and confidence: In order to create good first impressions make sure you always look into people’s eyes smiling and giving a strong handshake.
- Follow up: Follow up by sending thank-you email so that you can express your gratitude and also restate your interest.
Benefits and Perks:
- Comprehensive healthcare benefits
- Professional development opportunities
FAQs:
How many posts are vacant according to the official notification for SBI SO Trade Finance Officer Vacancy 2024?
According to the SBI SO Trade Finance Officer Notification for 2024, a sum of 150 TDO posts will be filled through this recruitment drive.
When is the deadline for applying for the position of a trade finance officer with the SBI SO in 2024?
It takes place on the 27th of June, 2024.
