RECRUITMENT OF OFFICERS ON CONTRACT BASIS (OC)

Sr. No.

Positions

Age (as on 31.03.2022)

Essential Academic Qualifications

Experience and Job Responsibilities [Min years of relevant experience required as on March 31, 2022]

1

OC – Compliance (01 post

Max: 35 Years

MBA/PGDBA, with specialisation in Finance from a recognised University / Institution or Chartered Accountants (CA) from The Institute of Chartered Accountants of India (ICAI). MBA/PGDBA course should be of a minimum 2-year full time duration, with a specialisation in Finance from a recognised University / Institution. In case of CA, passing the professional examination is sufficient. Minimum 60% aggregate marks / equivalent Cumulative Grade Points Average (CGPA), in both Graduation and Post-Graduation

Candidates having experience in the BFSI sector with at least 05 years of post-qualification experience: Key Skills Required • Liaison with RBI/other statutory/regulatory bodies. • Review of and modifications to Internal Policies / Manuals. • Addressing queries relating to various RBI circulars/ notifications from statutory bodies. • Compliance Testing • Preparation of reports/ reviews for submission to various entities/ Committees. • Experience in Treasury operations would be an added advantage. Candidate should have minimum 03 years of relevant experience in Compliance function.

2.

OC – Legal (04 posts)

Max: 40 Years

Bachelor’s Degree in Law recognised by the Bar Council of India for the purpose enrolment as an Advocate with a minimum of 60% marks. Post- Graduation qualifications will be an added advantage.

. Candidates working with Public Sector Banks, All India Financial Institutions, private/ foreign banks, ARCs, Central /

 State Government / public sector undertakings / law firms / Practicing at Bar / Judicial Services or a combination of these with at least 07 years of post-qualification experience.

Key Skills Required

• To draft, vet, review, negotiate and advice on the agreements, contracts and other legal related documents of the Bank.

• Assist in preparing Memorandum of orders, Power of Attorney, Memorandum of Understanding, lease agreements, sale deeds and other administrative matters.

• Facilitate the Legal Audit of loan documents process undertaken quarterly.

• Re verification of mortgages co-ordinating with counsels for reports and clarification and compliances with observations if any.

• CERSAI – Perfection of entries, collating data for audit and other related compliances.

• Providing inputs to the management on various changes in law, regulation or policy.

• Providing updates to the Board/ Audit Committee/ Management and respective Groups on the litigation matters.

• Case law research.

• Follow up with counsel on hearing of matters.

• Assist operating Groups in recovery matters.

• Maintaining documents in safe custody/DMS.

• Any other work assigned by the Group.

3.

OC – Rajbhasha (02 posts

Max: 35 Years

Master’s degree from a recognized university in Hindi /English with English/ Hindi as a compulsory/ an elective subject or as medium of examination at Degree level. OR Master’s Degree from a recognized university in any subject other than Hindi/ English, with Hindi and English as compulsory/ elective subject or either of the two as medium of examination and the other as a compulsory/ an elective subject at Degree level.

OR

Master’s Degree from a recognized university in any subject (other than Hindi/English) with Hindi/ English as medium and English/ Hindi as a compulsory/ an elective subject or as medium of examination at Degree level.

Candidates having experience with Public Sector Banks, All India Financial Institutions or any organisation of repute or a combined experience in any of these, with at least 05 years of post-qualification experience of implementation of Official Language Policy will be preferred. Candidates from translation agencies / publications / media are also eligible.

Key Skills Required

• Implementing Official Language Policy of GOI and ensuring compliance of various directives/ instructions issued by GOI.

• Conducting Hindi workshops and administration of Hindi Teaching Scheme for the Bank’ staff.

• Terminological work in Hindi.

• Translation from English to Hindi or vice-versa.

• Knowledge of Technical or financial glossary.

• Research work in financial/ commercial area.

• Published articles in Hindi

4.

OC – Research & Analysis (06 posts)

Max: 35 Years

Post-Graduation Degree in Economics with specialisation in International Trade/ Development Economics / Financial Economics. Minimum 60% aggregate marks separately in both graduation and post-graduation.

Candidates having at least 05 years of post-qualification experience with research publications / rating agencies, Public Sector Banks, All India Financial Institutions, private sector banks, research outfits of industry associations, think tanks, or a combination of these. Candidates should possess excellent writing and presentational skills and be proficient in the use of MS Office/Excel/PowerPoint. Candidates must have good understanding of macroeconomics, international trade, industry, and country risk analysis. Interests in international relations, public policy, and appreciation of financial parameters would be an added advantage. Besides other areas of work, regular scanning of economic environment, both domestic and international and providing relevant inputs relating to economic environment/ banking to the Top Management will also be the responsibility of the selected candidate.

5.

OC – Loan Monitoring (04 posts

Max: 35 Years

MBA/ PGDBA with specialization in Finance or Chartered. Accountants (CA) from The Institute of Chartered Accountants of India (ICAI). MBA/PGDBA course should be of a minimum 2-year full time duration, with a specialisation in Finance from a recognised University / Institution. In case of CA, passing the professional examination is sufficient.

Minimum 60% aggregate marks / equivalent Cumulative Grade Points Average (CGPA), in both Graduation and PostGraduation

Minimum 05 years of Post Qualification experience with Public Sector Banks/All India Financial Institutions/ Central Government/ State Government/ PSU or any other organisation of repute, in the following areas:

• Assisting in processing customer requests like NOCs for ceding charge, modification in sanction terms, business restructuring, change in project scope/cost, extension in project completion timeline etc.

• Assist in Loan monitoring activities like tracking project progress, end use of disbursements, adequate insurance cover, balance confirmation, Security creation status, valuation of collateral, rating migration etc.

•Periodic review of unaudited quarterly/ half-yearly/ audited annual financial performance of the borrower.

• Annual review of accounts including financial analysis, internal rating etc.

•Monitoring over dues, BG expiry etc.

• Conducting inspection visits and submitting reports on the same.

•Exchange of information with lenders.

•Review of stock statements and stock audit report. •Preparing notes/ providing updates on monitoring aspects to various groups/committees at desired frequency.

Assisting the group on other monitoring aspects/activities.

6.

OC – Internal Audit (04 posts)

Max: 35 Years

Chartered Accountants (CA) from The Institute of Chartered Accountants of India (ICAI) or; MBA/ PGDBA with specialization in Finance. MBA/PGDBA course should be of a minimum 2-year full time duration, with a specialisation in Finance from a recognised University / Institution. In case of CA, passing the professional examination is sufficient. Minimum 60% aggregate marks / equivalent Cumulative Grade Points Average (CGPA), in both Graduation and Post-Graduation.

Preferably, but not necessarily, Chartered Accountant (CA), with work experience of 05 years in banking and /or bank audits.

 Key Skills Required

•Candidate should possess skills to undertake Risk based internal audit of a bank.

•Review of systems and controls, loan portfolio of a bank. •Coordination and preparation of audit committee notes in compliance with RBI, concurrent and internal audit.

7.

OC – Risk Management (02 posts)

Max: 35 Years

MBA/ PGDBA with specialization in Finance / Chartered Accountants (CA) from The Institute of Chartered Accountants of India (ICAI)/ FRM. Certificate from NIBM/ IIBF in risk management will be an added advantage. MBA/PGDBA course should be of a minimum 2-year full time duration, with a specialisation in Finance from a recognised University / Institution. In case of CA, passing the professional examination is sufficient. Minimum 60% aggregate marks / equivalent Cumulative Grade Points Average (CGPA), in both Graduation and Post-Graduation

Candidate with Minimum 05 years’ experience in risk management/ Treasury in Commercial Banks/ FIs/large NBFCs.

 Key Skills Required:

• In- depth knowledge of concepts in finance and risk management.

• Analytical skills and problem solving capabilities.

• Managing credit, market, liquidity/ALM risks under Basel III • Valuation of derivatives

• Modelling and stress testing

• Well versed with MS Excel.

8.

OC – Special Situation Group (06 posts)

Max: 62 years

Graduation with minimum 50% aggregate marks/ equivalent Cumulative Grade Points Average (CGPA).

Officers having experience with Public Sector Banks (including officers who have superannuated or have opted for voluntary retirement); OR experience of working in reputed Private Sector Banks, All India Financial Institutions, reputed and large Non-Banking Financial Company (NBFC), Asset Reconstruction Company or a combined experience in any of these. Minimum 15 years of post-qualification experience of which at least 5 years should be in corporate recovery related activities; viz. IBC 2016, SARFAESI, DRT, OTS, Assignments, Litigation funding, Action under NI Act 138.

 Key Skills Required: Good knowledge of Credit Inspection and Audit; Recovery process and methods; Legal Provisions; Resolution Techniques etc.

Candidate should possess excellent communication and interpersonal skills; very good negotiation skills in general and particularly for loan repayment and restructuring negotiations