State Bank of India (SBI) a Fortune 500 company, is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai. The rich heritage and legacy of over 200 years, accredits SBI as the most trusted Bank by Indians through generations.
SBI, the largest Indian Bank with 1/4th market share, serves over 45 crore customers through its vast network of over 22,000 branches, 62617 ATMs/ADWMs, 71,968 BC outlets, with an undeterred focus on innovation, and customer centricity, which stems from the core values of the Bank - Service, Transparency, Ethics, Politeness and Sustainability.
The Bank has successfully diversified businesses through its various subsidiaries i.e SBI General Insurance, SBI Life Insurance, SBI Mutual Fund, SBI Card, etc. It has spread its presence globally and operates across time zones through 229 offices in 31 foreign countries.
VACANCY DETAILS :-
POST NAME - Manager Credit Analyst
QUALIFICATION - Graduate With CA/CMA/MBA/CFA
EXPERIENCE - 3 Years
POST - 55
LOCATION - All Over India
JOB DESCRIPTION :-
➢ Carrying out of Due Diligence on Credit Proposals assigned
➢ Timely completion of reviews/renewals as Appraiser, including credit risk
assessment proposals
➢ Securing maximum marks for the AMT (Asset Management Team) in credit
audit in pre sanction
➢ Assisting Relationship Manager in achieving budgeted growth in advances
for the AMT.
➢ Adhering to Turn-Around-Time (TAT) 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.
RESPONSIBILITIES :-
➢ Analysis & appraisal of credit proposal including adhoc facilities /
restructuring / rehabilitation proposals / any other type of business or
general proposals pertaining to the unit.
➢ Ensuring quick and timely appraisal of credit
A) 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 proposals.
➢ Interacting with Key Officials in the borrowing units for obtaining
data/statement etc.
➢ Obtain and verify the legal search reports / valuation reports of properties
offered as Primary/Collateral securities.
➢ ROC search at each sanction of the limits to the Unit
➢ Arranging for compilation / updation of opinion reports and CIRs
➢ Undertaking pre-sanction visits
➢ Appraising of credit proposals and CRA
➢ Arranging for D&B / Credit reports and their scrutiny, wherever required
➢ Obtaining external credit rating of the customers
➢ Providing support to the Relationship Manager for making presentation of credit proposals to the sanctioning authority.
➢ Credit related notes like RMD deviations / any other deviations, concession etc. or non-business proposals to competent authorities
B) POST-SANCTION STAGE
➢ Preparation of arrangement letter and ensuring that all the Terms & Conditions of sanction have been incorporated therein
➢ Attending consortium meetings with the Relationship Manager, wherever
necessary
➢ Analysis of FFR and other Financial Statements putting it up to Relationship Managers and taking-up issues / observations recorded with the company.
➢ Rectifying irregularities pertaining to pre-sanction pointed out in various Credit Audit reports.
➢ Attending to the credit related correspondence with internal and external
agencies
➢ Periodical review of TLs sanctioned on standalone basis
➢ Periodical inspections as per the instructions of Relationship Manager
C) MISCELLANEOUS
➢ Tracking & monitoring important developments in the industries / activities in which borrowers operate / have interest
➢ Creation, maintenance and updation of account profile as per format devised by the Relationship Manager / Branch Head / Bank
➢ Monthly updation of pricing / concessions to be prepared for verification / checking by Relationship Manager (and for submission to concurrent auditor)
➢ Credit Analyst who is a Regular Bank officer will perform the role of Service Officer in his absence
➢ Preparation of outstanding issues / non-compliances with terms of sanction in pre-sanction areas for each company and its updation on resolution of the issues involved
➢ Assisting relationship Manager in preparation of Annual Account Plan.
➢ Any other job/task relating to dispensation or administration of credit or
any other specific task of any nature arising out of business or administrative exigencies or even otherwise under instruction of Chief Manager / Manager (Credit) / Relationship Manager / Branch Head.
➢ The activities mentioned above are illustrative only and Credit Analyst is
primarily responsible for all activities as directed by Relationship Manager / Branch Head from time to time.
SELECTION PROCESS :-
Short listing
and
Interaction
MERIT LIST FOR SELECTION WILL BE PREPARED IN DESCENDING ORDER ON THE BASIS OF SCORES OBTAINED IN INTERVIEW ONLY. 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.
PAY SCALE :-
Rs (63840-1990/5-73790-2220/2-78230)
The official will be eligible for DA, HRA, CCA, Provident
Fund, Contributory Pension Fund i.e. NPS, Leave Fare Concession (LFC), Medical Facility, other perquisites etc. as per rules in force from time to time.
APPLICATION FEE - 750/-
IMPORTANT DATES :-
1. Online application starts from - 22.11.2022
2. Last date for online application - 12.12.2022
LINK FOR OFFICIAL NOTIFICATION - CLICK HERE
LINK FOR ONLINE APPLICATION - CLICK HERE
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