SBI Recruitment 2016 for the post of Vice President
SBI Recruitment 2016 for the post of Vice President
State Bank of India
CENTRAL RECRUITMENT & PROMOTION DEPARTMENT
CORPORATE CENTER MUMBAI
RECRUITMENT OF VICE PRESIDENT - COMPLIANCE (COMPANY SECRETARY)
ADVERTISEMENT NO. CRPD/CON/VPCS/2015-16/08
ONLINE REGISTRATION OF APPLICATION : 02.02.2016 TO 13.02.2016
PAYMENT OF FEES - ONLINE : 02.02.2016 TO 13.02.2016
LAST DATE FOR RECEIPT OF APPLICATION PRINT OUT WITH SCANNED COPY OF TESTIMONIALS THROUGH EMAIL: 17.02.2016
State Bank of India, looking for qualified and experienced candidate for the position of Vice President - Compliance (Company Secretary) on contract basis at its Corporate Centre, Mumbai.
1. VACANCIES & PLACE OF POSTING : 1 (One), Corporate Centre, Mumbai
2. JOB PROFILE :
The Vice President – Compliance (Company Secretary) will report to General Manager (Shares & Bonds) and ensuring compliance of various regulations/provisions/Act of SEBI/RBI/GOI. The detailed roles and responsibilities are mentioned in Annexure - I.
3. ELIGIBLITY CRITERIA:
(A) Age Limit: (As on 01.02.2016): Not above 45 years as on 01.02.2016
(B) Essential Qualifications: (AS ON 01.02.2016)
I. The candidate should essentially Graduate from a recognized University (preferably with minimum 60% marks) and Associate Membership of the Institute of Company Secretary of India.
II. Candidates with additional degree in Law, MBA (Finance) from reputed ‘A’ grade B-School/ University and qualification of Chartered Accountants will be an added advantage
(C) Experience : Minimum 7 years of experience in a Private/ Public Sector Bank or a reputed Listed Company as Company Secretary with adequate exposure to compliance / Secretarial function.
4. NATURE OF ENGAGEMENT: CONTRACTUAL
(i) PERIOD OF CONTRACT: The term of office of the holder of the post shall be for 5 years, initially, extendable at the discretion of the Bank.
(ii) TERMINATION OF CONTRACT: The contract can be terminated at one months’ notice on either side or on payment / surrender of one month’s compensation amount in lieu thereof.
5. SELECTION PROCEDURE:
(i) Selection will be based on personal interview.
(ii) Candidates will be short-listed for personal interview, based on their qualification, experience and overall suitability.
6. REMUNERATION :
Remuneration payable over the period of 5 years of contractual agreement by each Bank will be as under:
| Years of contract | Cost to Bank Basis | |
| Fixed Component | Performance based variable pay | |
| 1st Year | Rs. 30.00 lacs per annum | ---NIL---- |
| 2nd & 3rd Years | Rs. 30.00 lacs per annum | 15% of Fixed Component |
| 4 th & 5th Years | Rs. 30.00 lacs per annum | 30% of Fixed Component |
- Reimbursement of medical insurance premium for self and family of not exceeding two children (actual basis),amount not exceeding Rs. 30,000/-, shall be paid extra.
- No perquisites are envisaged. No other increment during the contract period payable.
- The remuneration will be paid monthly equivalent of lump-sum monetary compensation of annual CTC without any perquisites and without prejudice to his/ her pension in other Bank if any. The monetary compensation will be paid for the contractual period on monthly basis @ 1/12th of annual CTC which may be distributed on the components of Basic Pay, HRA, Conveyance Allowance etc.
- Income Tax or any other tax liabilities on such monetary compensation/ remuneration will be deducted at source, as per prevailing rate(s) mentioned in the Income Tax Rules.
7. LEAVE DETAILS: The official shall be entitled to leave of 30 days per financial year. Leave may be permitted on pro-rata basis in a given financial year with the approval of the Bank.
8. APPLICATION FEE (Non Refundable) : Rs. 600/- (Rupees Six hundred only)
Application Fee once paid will NOT be refunded on any account nor can it be held in reserve for any other examination or selection.
09. HOW TO APPLY
For detailed guideline procedure - a) Application Registration, b) Payment of Fees, c) Photograph & signature scan & upload visit bank’s website www.statebankofindia.com or www.sbi.co.in -> careers with us -> Recruitment of VPCS in State Bank of India – 2015-16.
The scanned copy of downloaded online application along with scanned copies of (i) Photo ID, (ii) Proof of Date of Birth (iii) Educational certificates/mark-sheets (iv) Experience certificates (indicating area and period of service), (v) Salary Statement, (vi) Brief resume & document indicating area of exposure (if any) should be sent to Central Recruitment & Promotion Department by 17.02.2016 on email address crpd@sbi.co.in. If scanned copies of application and testimonials are not received by 17.02.2016 application will be rejected.
10. GENERAL INFORMATION:
(i) Candidates, called for interview will be paid Airfare (Economy) / 1 AC railway fare by the shortest route in India.
(ii) Appointment of selected candidate is subject to his/her being declared medically fit as per the requirement of the Bank. Such appointment will also be subject to the service and conduct rules of the Bank for such posts in the Bank, in force at the time of joining the Bank.
(iii) Decisions of Bank in all matters regarding eligibility, selection etc. would be final and binding on the candidates. No representation or correspondence will be entertained by the Bank in this regard.
Last Date for Receipt of Application : 17 02.2016
For more details regarding age limit, educational qualification, selection process and how to apply and other, click on the following link…
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