Bank of Maharashtra is a major Indian government owned bank in India. The bank had 15 million customers across the country with 1,874 branches as of 3 February 2021. It has the largest network of branches of any public sector bank in the state of Maharashtra.
VACANCY DETAILS :-
POST NAME - Generalist Officers
QUALIFICATION - CA\CMA\CFA\BCOM\MCOM\BBA\MBA\Any Graduate
EXPERIENCE - 3 Years
AGE LIMIT - 25 To 35 Years
POST - 150
LOCATION - All Over India
JOB DESCRIPTION :-
(b) Carrying out of Due diligence on credit proposals assigned, Timely completion of Review / Renewals as Appraiser, including Credit Risk Assessment proposals. Securing maximum marks for the AMT in Credit Audit in Pre-Sanction. Assisting Relationship Manager in achieving Budgeted growth in Advances for the AMT.
(c) Adhering to Turn around Time for processing New / Existing proposals. Ensuring ABS considered for the proposals are the same as filed with ROCs. Ensuring achievement of satisfactory RAROC (Risk adjusted Return on Capital) for each unit in the AMT KRAs Responsible for Analysis and appraisal of credit proposal including Ad hoc facilities / structuring / rehabilitation proposals/any other type of business or general proposal pertaining to the unit. Ensuring timely / review/renewal of credit limits. Pre- Sanction Stage. Ensuring compliance of KYC norms. Updation of periodical due diligence reports as per RBI guidelines. Obtaining data/information from customers for assessment and processing of the proposal. Interacting with key officials in the borrowing units for obtaining data/statements etc.
(d) Customer Meets, Supervise job rotation. Follow up of inspection & audit reports & ensuring rectifications. All correspondence relating to Head Office, Zonal Office, Redressal of complaints. Over all control on housekeeping. Ensuring that the Bank’s systems & procedures are properly followed at the Branch. Giving greater attention to planning for business development, charting strategies for growth, expanding customer base through requisite customer relationship measures, scouting for avenues to expand credit portfolio qualitatively & quantitatively, Management of NPAs, Liaison with local authorities, Govt. departments, Large Institutions, Corporates & high net worth clients etc. to ensure that the Branch is on the path of accelerated growth & improves market share.
(e) Maintaining effective Public Relations and ensure courtesy in dealing with the customers and public in person, in correspondence and on telephone. Avoid confrontation by resolving the issues tactfully. Ensure adherence to Telephone Discipline by all the members of staff. Maintaining effectiveness in branch operations and in customer service. Dispose the matters as per the rules in force except those that require the personal attention of the Branch Manager. Redressal of the grievances of customers as per rules / guidelines duly bringing to the notice of the Branch Head unpleasant instances, if any, happened in his absence.
(f) Ensure maintenances of adequate stock of security items, passbooks, publicity literature and various forms required for deposits & advances and other transactions. Monitoring the matters related to claims to the assets of the deceased customers and ensuring their quick disposal as per prevalent guidelines. Be aware and authorize the return of cheques of customers in the absence of Branch Head and ensure to bring the same to the notice of the Branch Head.
(g) Attend to effective cash management. Joint custody of cash, Supervision over tallying cash, physical [from docket & cash reports in system], Authorize cash transactions, authorizing transactions within his powers, ensure smooth Day-begin, Day-end of the branch software systems, Verify & ensure prompt submission of periodical returns in conformity with the prescriptions in schedule of returns through concerned departmental Officers / Staff. Ensure periodical balancing / tallying of books of accounts and monitoring of fraud prone sundry items as prescribed. Scrutiny of daily vouchers, verification, protection and preservation of voucher bundles and records in use. Assisting in segregation and destruction of old records as per the policy after obtaining permission from the competent authority.
(h) Monitor preparation of annual indent of stationery and security items as per norms. Monitor and maintain close watch on current accounts, big accounts, newly opened accounts and other institutional accounts which form sizable share in total deposits. Ensure maintenance of registers for cash transactions exceeding Rs. 10.00 lacs and observations of KYC norms at the time of opening of accounts and monitoring of large value transactions.
(i) Ensure periodical verification of securities and attend to orderly arrangement of joint custody items duly getting relevant registers updated as a joint custodian. Facilitate taking note of exceptions appearing in exceptional reports by Branch Head and enforce steps to reduce such items. Take steps in consultation with Branch Head to plug loopholes in transgressions on systems and procedures or unfair practices that may cause operational risks / future losses. Advise the staff to adhere to the laid down systems and procedures and to avoid shortcuts bypassing the guidelines. Ensure maintenance of mandatory registers like customer complaint register, AOD registers etc.
Presently, the starting basic pay applicable is as under.
Scale of Pay – Scale - II Rs. 48170 – (1740/1) - 49910 – (1990/10) – 69810.
The official will also be eligible for D.A, H.R.A / Lease rental, C.C.A, Medical and other allowances etc. in a Metropolitan center & perquisites as per rules in force from time to time. Allowances may vary depending upon the place of posting.
SELECTION PROCEDURE :-
01. The candidates shall be required to appear for online examination to be conducted through IBPS.
The successful candidates shall be called for interview in the proportion of 1:4 based on their ranking.
The allocation of marks for online examination and Interview is 150 & 100 respectively which will be
converted into 60:40. The minimum cut off marks for online examination, interview and final selection
shall be 50% for UR / EWS and 45% for SC / ST / OBC / PwBD.
02. The combined final score of candidates shall be arrived at on the basis of scores obtained by the
candidates in the Online Examination and Interview and accordingly a merit list shall be prepared for
selection of candidates. Merit list for selection will be prepared in descending order on the basis of
combined scores obtained, in case more than one candidate score the cut-off marks (common marks
at cut-off point), such candidates will be ranked according to their age in descending order, in the
merit.
03. In case, in the opinion of the bank, adequate number of candidates have not qualified by obtaining
minimum marks as stipulated above in the online examination, bank reserves right to reduce the
minimum marks as deemed fit.
04. Mere eligibility / admission to Group Discussions / Interview / pass in GD/ interview does not imply
that the Bank is satisfied beyond doubt about the candidate’s eligibility and shall not vest any right
in a candidate for selection.
05. The Bank would be free to reject the candidature of any candidate at any stage of recruitment
process, if he / she is found to be ineligible and / or furnished incorrect or false information /
certificates / documents or has suppressed any material facts and the fees paid by the
ineligible candidates shall be forfeited. If appointed, such a candidate may be summarily
removed from the services of the Bank.
EXAMINATION PATTERN :-
APPLICATION FEE - 1180/-
IMPORTANT DATES :-
Commencement date of on-line application - 22.03.2021
Last Date of online application - 06.04.2021
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LINK FOR ONLINE APPLICATION - CLICK HERE
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