SBI Recruitment 2020 – Risk Management

SBI Recruitment 2020: State Bank of India invites On-line application from Indian citizens for appointment in the following Specialist Cadre Officer posts.

SBI Recruitment 2020 – Vacancies

Post NameVacanciesAge LimitLocation
Risk Specialist- Sector (Scale-III) 5Min: 25 Years Max: 30 YearsMumbai
Risk Specialist- Sector (Scale-II)5Min: 25 Years Max: 30 YearsMumbai
Portfolio Management Specialist (Scale-II)3Min: 25 Years Max: 30 YearsMumbai
Risk Specialist- Credit (Scale-III)2Min: 25 Years Max: 30 YearsMumbai
Risk Specialist- Credit (Scale-II)2Min: 25 Years Max: 30 YearsMumbai
Risk Specialist- Enterprise (Scale-II)1Min: 25 Years Max: 30 YearsMumbai
Risk Specialist- IND AS (Scale-III)3Min: 25 Years Max: 30 YearsMumbai

SBI Recruitment 2020 – Qualification

Basic Qualifications:
(i) Chartered Accountant (CA), or
(ii) CFA, or
(iii) MBA/PGDM (Finance/ Data Analytics/ Business Analytics) or its equivalent as full-time course from recognised institute, or
(iv) M.Sc. (Statistics)

Other qualification (Preferred):
Financial Risk Manager (FRM) by GARP
Profession Risk Managers by PRMIA PGDBM from NIBM

SBI Recruitment 2020 – Experience

1. Risk Specialist – Sector (Scale-III)

4 Years’ Post qualification Experience in Financial Institutions/ Rating Agencies/ Brokerage Firms with domain knowledge across sector/ industry, experience in primary/ secondary research, experience in risk modelling, data analysis, report writing, etc. in any of the following Sectors:
a. Power
b. Hydrocarbon & Petrochemicals
c. EPC & Roads
d. Real Estate
e. Large Accounts / Key Group Analyst

2. Risk Specialist- Sector (Scale-II)

2 Years’ Post qualification Experience in Financial Institutions/ Rating Agencies/ Brokerage Firms with domain knowledge across sector/ industry, experience in primary/ secondary research, experience in risk modelling, data analysis, report writing, etc. in any of the following Sectors:
a. Automobiles & Auto Components
b. Textiles
c. Food processing
d. Precious Metals, Gems & Jewellery
e. Service Industries, like Telecom, IT, Hospitality, Hospitals, Education, etc.

3. Portfolio Management Specialist (Scale-II)

2 Years’ Post qualification experience in Portfolio Management in Banks/ Financial Institutions for optimum return.

4. Risk Specialist- Credit (Scale-III)

4 Years’ relevant post qualification Risk related work experience in Credit risk and risk modelling in Financial Institutions/ Rating Agencies/ Brokerage Firms.

5. Risk Specialist- Credit (Scale-II)

2 years’ relevant post qualification Risk related work experience in Credit risk and risk modelling in Financial Institutions/ Rating Agencies/ Brokerage Firms.

6. Risk SpecialistEnterprise (Scale-II)

2 Years’ relevant post qualification Risk related work experience in Enterprise risk and risk modelling in Financial Institutions/ Rating Agencies/ Brokerage Firms

7. Risk Specialist- IND AS (Scale-III)

4 Years’ relevant post qualification Risk related work experience in Credit risk and risk modelling in Financial Institutions/ Rating Agencies/ brokerage Firms.

SBI Recruitment 2020 – Job Profile & KRA

1. Risk Specialist- Sector (Scale-III) & Risk Specialist- Sector (Scale-II)

Responsibilities & Functions:
i. Industry Research and Large Account Reports
*Conduct historical performance analysis quantitatively and qualitatively (trends, disruptions, etc.)
*Actively monitor developments in the sector to update the financial model assumptions and update forward looking macro sectoral views of the bank and key large accounts outlook
*Ensure creation of reports within target TAT and with minimum errors
*Liaise with Sector credit specialists within Credit Review department to discuss important sector level updates and exchange feedback on key observations

ii. Sectoral Coverage
*Attend conferences, seminars, trade association, chambers of commerce meetings related to the sector and network with other bankers, equity research analysts and industry leaders
*Carry out primary research (site visits, client interactions, etc.) for key clients within the sector to generate ground level understanding of the sector to form forward looking macro views on the sector and develop outlook on the key large accounts
*Participate in the investor presentations, analysts earning calls and annual general meetings for the leading players in the sector
*Closely monitor the business news along with public research publications and reports/commentaries by brokerages, fund houses and independent analysis to update sectoral and company views in a fast-changing market.

KRA:
*Independently tracking the industry & analysis of developments
*Variance in risk exposure versus policy limits
*Number of breaches in adherence to regulatory policies
*Number of times there is a delay or error in risk reports

2. Portfolio Management Specialist (Scale-II)

Responsible for:
*Proactively track the portfolio against defined targets and facilitate the secondary sale of loans by identifying and pricing the loans to be sold.

Responsibilities & Functions:

i. Portfolio Monitoring and Optimization
*Monitor portfolio for credit quality, profitability, risk and other guardrails (concentration, capital, etc.)
*Evaluate industry trends, conditions of clients and prospects to properly position portfolio
*Conduct periodic analysis of corporate book and identify potential opportunities and challenges
*Program manage key initiatives identified by senior management towards portfolio optimisation
*Liaise with multiple functions to drive portfolio objectives/strategy
*Construct sensitized forward looking projection models to aid business decisions making processes
*Build real time portfolio measurement tool to aid business decision process

ii. Portfolio Reporting

*Prepare regular reports on performance, profitability and quality of the portfolio

KRA:
*Bank RAROC
*Variance in risk exposure versus policy limits
*Value of loans structured and sold
*Number of breaches in adherence to regulatory policies
*Number of times there is a delay or error in risk reports

3. Risk Specialist- Credit (Scale-III) & Risk Specialist- Credit (Scale-II)

Responsibilities & Functions :
*Monitoring the credit portfolio in terms of limits on concentration in quality, Geography, industry, product, maturity, and large exposure aggregates
*Ensuring that adequate policies & systems are in place for identifying, measuring, mitigating, monitoring and controlling of Credit Risk in respect of Bank’s credit
*To evolve Credit Risk Assessment (CRA)/ scoring models for various groups of borrowers
*To carry out Risk Components viz Probability of Default (PD), Loss Given Default (LGD) and Exposure At Default (EAD)
*To arrange for periodic review of credit risk related policies and dissemination of information. To analyse the credit portfolio of the Bank on various defined parameters. To identify and assess risk factors / concentrations and recommend remedial action.
*To compute Credit Risk Premium (CRP) and advising the same to CPPD/ Business Groups for deciding interest rates
*Model Development, Review of Models, Rating transition study
*IRB project (Data collection from operating units, conducting workshops for Risk Raters, Coordinating with EDW for loading data in RDM and capital computation)

KRA:
*Credit Risk Modelling and validation
*Variance in risk exposure versus policy limits
*Number of breaches in adherence to regulatory policies
*Number of times there is a delay or error in risk reports

4. Risk Specialist Enterprise (Scale-II)

Responsibilities & Functions:
*Effective identification, assessment, monitoring and reporting of risk parameters across SBI and Group entities to top Management
*Review of the enterprise wide Risk Appetite Framework of the Bank and cascading it to the BU’s and quarterly monitoring
*Developing a risk management framework and ICAAP document formulation for RRBs and bringing them under the ambit of the GRM Policy in a calibrated manner
*Development of Risk Culture framework for the Bank and assessment of the same. Develop suitable intervention (BU/Group wise) wherever culture assessed as weak
*Efficient steering and implementation of the Group Risk Transformation Project

KRA:
Bank RAROC
*Variance in risk exposure versus policy limits
*Value of loans structured and sold
*Number of breaches in adherence to regulatory policies
*Number of times there is a delay or error in risk reports

5. Risk Specialist- IND AS (Scale-III)

Responsibilities & Functions :
Defining significant increase in Credit Risk(SICR)
Incorporating forward looking macro-economic factors in PD, LGD and EAD models
Calculation of PIT PD and Lifetime PD for the entire loan portfolio
Long run average Loss Given Default for the entire loan portfolio
Monitoring of PD, LGD and EAD models on a quarterly basis.
Validation of all the above models, redevelopment/ recalibration of the models based on validation results
Incorporation of process note on ECL methodology for investments as per IND-AS and monitoring of ECL model on regular basis
Defining , effective interest rate(EIR) and the process to be adopted for the investment in the valuation manual.

KRA:
*Bank RAROC
*Variance in risk exposure versus policy limits
*Value of loans structured and sold
*Number of breaches in adherence to regulatory policies
*Number of times there is a delay or error in risk reports

SBI Recruitment 2020 – Selection Procedure

The selection will be based on shortlisting and interview.

SBI Recruitment 2020 – How to Apply

Candidates will be required to register themselves online through Bank’s website https://bank.sbi/careers OR Scroll down, click on the “Apply” button. No other mode of application will be accepted.
Pre-requisites for Applying Online: Candidates should have valid email ID and mobile no. which should be kept active till the declaration of results. It will be essentially required for receiving any communication/ call letters/ advices from the bank by email/ SMS.

SBI Recruitment 2020 – Application Fee

For General/EWS/OBC – Rs 750/-

For SC/ST/PWD – Nil

Important EventsDates
Commencement of Online Registration of Application18-09-2019
Closure of Registration of Application08-10-2020
Closure for Editing Application Details08-10-2020
Last date for Printing your Application31-10-2020
Online Fee payment 18-09-2020 to 08-10-2020

Please click on the “Notification” button before Applying

Scroll to top