SBI - Advisor - Operations Support Subsidiary - Contractual Role

RECRUITMENT OF SPECIALIST CADRE OFFICERS ON CONTRACT BASIS

ADVERTISEMENT NO : CRPD/SCO/2021-22/29

ONLINE REGISTRATION OF APPLICATION & PAYMENT OF FEES: FROM 11.03.2022 TO 25.03.2022

Candidates are advised to check Bank's website https://bank.sbi/careers regularly for details and updates (including the list of shortlisted / qualified candidates). The Call letter / advice, where required, will be sent by e-mail only

DETAILS OF POST / NATURE OF ENGAGEMENT / VACANCY / AGE / SELECTION PROCESS / PLACE OF POSTING :

Post : Advisor (Operations Support Subsidiary)

Equivalent Grade / Scale : TEGSS-I (i.e., CGM)

Nature of Engagement : Contractual

Age As on 31.12.2021 : Not more than 62 years

Selection Process : Shortlisting and Interview

Place of Posting (Suggested) : Mumbai

DETAILS EXPERIENCE / SPECIFIC SKILLS / JOB PROFILE / CONTRACT PERIOD AND OTHER TERMS & CONDITIONS :

Experience (As on 31-12-2021) :

- Minimum 30 years of experience in Banking/Financial Institutions as on 31.12.2021 of which minimum 4 years should be in the post of General Manager/ Chief General Manager or equivalent grades in a large Bank with asset size of over Rs.5.00 lac crores.

Specific Skills : Preference would be given to the candidates having an experience of minimum 2 years (within the overall experience) at Senior Management Level(viz. Regional / Zonal / Circle Head or equivalent) with responsibility for business growth / recovery of Agri / SME business.

Job Profile :

i) Integrating and aligning the activities proposed to be undertaken by the Operations Support Subsidiary (OSS) with the operations and priorities of the Bank, within the overall framework permitted by RBI, to derive maximum value.

ii) Co-ordinate and engage with various stakeholders for obtaining Final approval from RBI, Setting-up and Operationalizing the Operations Support Subsidiary (OSS).

iii) Review the Business Plan, Organizational Structure, Governance Model and Operating Model proposed for the Operations Support Subsidiary (OSS).

iv) Mentoring the management team and other staff deployed/ to be deployed for the Operations Support Subsidiary (OSS).

v) Monitoring the status of setting up, operationalizing and stabilizing the Operations Support Subsidiary and ensure adherence to the timelines envisaged.

vi) Reviewing the policies, procedures and agreements of the Operations Support Subsidiary.

REMARKS : Job Profile mentioned above is illustrative. Jobs, in addition to the above mentioned, may be assigned by the Bank from time to time for the above post.

Contract Period and other Terms & Conditions :

Initially for a period of one year. However, the contract may be extended at the sole discretion of the Bank at mutually agreed terms and conditions.

The contract can be terminated from either side by giving a notice of 1 month or equivalent compensation.

- Other Terms and Conditions: The appointment of Advisor for OSS will be subject to satisfactory completion of medical examination as prescribed by the Bank and verification of Testimonials.

- The Advisor for OSS will not take up any assignment with any other organization during the period of contract with the Bank.

- The engagement shall not be construed as an employment in Bank and the official is not eligible to claim Provident Fund/Bonus/ Gratuity / Pension during the period of Contract or thereafter.

- He/ She will not be eligible for membership of SBI Pension Fund/ Defined Contribution Pension Scheme (New Pension Scheme) and SBI Employees Provident Fund

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