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SBI Specialist Cadre Officer - Economist 2 Posts – Selection in Progress – India – 2024

State Bank Of India
Domain: Finance & Banking
Employment Type: Contract
Stage: Selection Process - Final Selection List

Posted: 1 year ago

Posts: 2

Location: CENTRAL

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Job Details

The State Bank of India is recruiting Specialist Cadre Officers for the post of Economist. The role involves data analysis, econometric modeling, and contributing to research publications. Candidates will be responsible for preparing articles, supporting other SBI departments, and representing SBI in various forums.

Level:
central
Cities:
Mumbai
Other Information:
  • Place of Posting: The initial place of posting is Mumbai, but candidates may be posted anywhere in India at the discretion of the bank.

Job Summary

SBI is hiring Specialist Cadre Officers for the Economist post on a contractual basis. The role requires a Master's degree in Economics or related fields, with knowledge of statistical packages. The selection process includes shortlisting and interaction, with CTC negotiation. The final select list has been released, marking the completion of the selection process.

Important Dates

#EventDate
1Application Start DateJuly 17, 2024
2Application End DateAugust 6, 2024
3Final Select List Release DateSeptember 10, 2024

Fee Structure

Application Fee

1. General/EWS/OBC:
₹750
2. SC/ST/PwBD:
No fee

Payment Methods

1. Online Payment:
Payment can be made using Internet Banking, Debit Card, or Credit Card.

Eligibility Criteria

1. Educational Qualifications

CriteriaDetails
Master's degree in EconomicsRequired
EconometricsRequired
StatisticsRequired
Applied StatisticsRequired
Mathematical StatisticsRequired
Mathematical EconomicsRequired
Financial EconomicsRequired
PhD in EconomicsOptional
BankingOptional
FinanceOptional
StatisticsOptional
MathematicsOptional

2. Other Educational Qualifications

CriteriaDetails
CGPA ConversionCandidates with CGPA must provide conversion to percentage from the university.

3. Age Limit

CriteriaDetails
Age Range22 - 28 years
Age Limit As On1 Jun 2024
General Category22 to 28 years

4. Citizenship

CriteriaDetails
NationalityMust be a citizen of India.

5. Other Eligibility

CriteriaDetails
PwBD ReservationReservation for PwBD candidates is horizontal and included in the vacancy of the respective parent category.

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Post Details

Total Posts: 2

1. Economist

Eligibility Criteria:

  • Educational Qualification: Master's degree in relevant fields with a minimum of 60% marks.

Age Limitations:

  • Age Limit: 22 to 28 years as on June 1, 2024.

Category Wise Vacancy:

CategoryReserved SeatsOther Eligibility
UR2N/A
PwBD1
  • Disability Certificate: Must submit a latest disability certificate issued by a competent authority.

Salary Details

> Salary Range: - ₹1,800,000 Annually

> Allowances: 80% fixed and 20% variable pay.

Other Information

  • CTC Negotiation: CTC is negotiable and depends on experience and current emoluments.

How to Apply

1. Step 1:
Register online through the SBI careers portal and complete the application form.
2. Step 2:
Upload scanned copies of required documents including photograph, signature, and ID proof.
3. Step 3:
Pay the application fee through the integrated payment gateway.
4. Step 4:
Submit the application and take a printout of the system-generated form for future reference.

Selection Process

1. Shortlisting:
Candidates will be shortlisted based on their qualifications and experience. The decision of the bank is final.
2. Interaction:
Interaction will carry 100 marks, and CTC negotiation will be part of the process.
3. Merit List:
Merit list will be prepared based on scores obtained in the interaction, with age as a tie-breaker.

Reservation Details

1. PwBD Reservation:
Horizontal reservation as per section 34 of the Rights of Persons with Disabilities Act, 2016.

Document Requirements

1. Required Documents:
Candidates must upload a detailed resume, ID proof, age proof, educational certificates, and experience certificates.
2. Disability Certificate:
PwBD candidates must submit a disability certificate issued by a competent authority.

Important Instructions

1. Application Guidelines:
Ensure all details are correct before submission. No changes will be allowed after final submission.
2. Document Upload:
Ensure documents are clear and readable. Follow the specified file size and format guidelines.

Bond or Service Agreement

1. Contract Termination:
The contract can be terminated by either party with one month's notice or compensation.

Disqualification Criteria

1. Eligibility Verification:
Candidature is subject to verification of all details/documents with the original at the time of interview.

Other Information

1. Transfer Policy:
The bank reserves the right to transfer the services of officers to any office of SBI in India or to any of its associates/subsidiaries.

Contact Details

Address: Central Recruitment & Promotion Department, Corporate Centre, Mumbai

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