South Indian Bank 2020 Jobs Recruitment. SIB has released official notification for the job openings of Officer vacancies. Check the eligibility and notification prior to apply for the positions.

Closing Date is on :- 12th October, 2020.

No.of Posts and Vacancies :-

Officer - 01 Post

Job Location - New Delhi, Hyderabad

Other Qualification Details :-

The South Indian Bank Ltd., a Premier Scheduled Commercial Bank in India, invites applications from Indian Nationals for the role of Debt Resolution/ Recovery Officers.

Eligible applicants are requested to apply ONLINE through Bank’s website No other means/modes of applications will be accepted. Before the registration, applicants are requested to ensure that there is a valid email id in his/her name. Applicants are advised to use Internet Explorer 7 & higher or Mozilla Firefox browsers for the registration of applications.

1. Scale IV or Scale V The scale of appointment will be fixed by the management based on the qualification and experience of the applicant

2. Work Experience:  Minimum 10 years in the Banking/ Financial sector with minimum 7 years in the relevant field.

3. Minimum Educational Qualification: Graduation in any discipline from a recognized University

4. Probation Period 1 year

5. Compensation Package: IBA Package as applicable to the Scale in which the applicants are recruited. Higher fitment of Basic Pay for deserving candidates under the discretion of Management. Will be eligible for basic Performance Linked Incentives (PLI). All other benefits as applicable to the Scale in which the applicants are recruited

6. Job Description:

Resolution/ Recovery of Corporate loan exposure.

Strong flair on Negotiated settlement in Corporate Sector.

Adequate Knowledge on RDB Act, SARFAESI Act and other relevant laws etc.

Practical experience in initiating Insolvency and Bankruptcy Code 2016 against various Corporate

Debtors and its Personal Guarantors, CIRP Proceeding & Liquidation

7. Place of Posting: Initially at Delhi and Hyderabad (Liable for transfer anywhere in India at the sole discretion of the Bank.)

Age: Not more than 50 years

Application Fee: Rs.800/- (excluding GST and other applicable charges).Applicants meeting the stipulated norms only need to apply for the post. Application fee once remitted will not be refunded in any case

General Conditions :-

Before filling in the online application form, the applicant must ensure that he/she fulfills all the eligibility criteria with respect to age, educational qualifications, work experience etc. in respect of the post for which he/she is making the application. The applicants will be called for the Interview based on the information provided in the online application form submitted by them. If any of the information furnished by the applicant is found to be false at later date, the selection / appointment shall be liable for termination.

1. Applicants are advised to retain two copies of the same photograph which is used in the application for use at the time of Interview.

2. Canvassing in any form will be a disqualification.

3. Applicants will have to appear for Interview at their own cost.

4. Applicants willing to serve anywhere in India only need to apply.

5. Appointment will also be subject to Medical fitness, satisfactory background verification and completion of other formalities as per the rules and regulations of the Bank from time to time

Selection Process :-

1. A committee formulated by the Bank will conduct the initial shortlisting of the applications based on the suitability for the roles.

2. Adequate number of shortlisted applicants will be called for the Interview.

3. Mere eligibility will not vest any right on the applicant for being called for the Interview.

4. The Bank reserves the right to make required modifications in the selection process considering the number of applications for the post and also decide the number of applicants to be called for the Interview.

5. In matters regarding eligibility and selection, Bank’s decision will be final and no further correspondence will be entertained.

Steps to Apply :-

Applicants can apply online through Bank’s website only from 07.10.2020 to 12.10.2020 and no other mode of application will be accepted.

Ensure that the applicant fulfills all the eligibility criteria.

1. The applicants are requested to ensure that the information provided in the Online-Application Form is correct before submitting the application form.

2. There will not be any provision to modify the submitted online application. Applicants are requested to take utmost care while filling up the online application.

3. Applicants making multiple registrations will be disqualified.

4. Applicants will have to enter their basic details and upload the photograph, signature and Curriculum Vitae (CV) as per the specifications given below. Copies of the photograph may be retained for use at the time of Interview.

Important Dates :-

Online Application - Start Date 07.10.2020

Online Application - End Date 12.10.2020

Official Notification