PSB Vacancy Details
| Post Name | No Of Vacancy | Pay Scale |
|---|---|---|
| DGM – TEGS-VI | 01 | Rs. 68680 -1960/4 – 76520 |
| AGM – SMGS –V | 02 | Rs. 59170 -1650/2 – 62470 – 1800/2 – 66070 |
| Chief Manager – SMGS-IV | 01 | Rs. 50030-1460/4-55870-1650/2-59170 |
| Manager – MMGS II | 20 | Rs. 31705-1145/1-32850-1310/10-45950 |
Eligibility Criteria for PSB Recruitment
| Post Name | Educational Qualification | Age Limit |
|---|---|---|
| Chief Technology Officer (TEGS VI) | a. First class Graduate in Electronics/ I.T Engineering/ I.T Systems Engineering/ Computer Science / MCA b. Desirable: Post-Graduation or higher qualifications in areas relevant to the role will be given preference. c. Graduation and Post-Graduation must be full time and regular Experience: 1. In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and have at least 15 years of experience in Banking Operations, out of which 10 years’ experience in the field of Information Technology of which at least 3 years’ combined experience as Scale IV and Scale V, with minimum 1 year experience in Scale V i.e. AGM is mandatory. OR 2. Other than PSBs: A minimum of 20 years of experience in the field of IT business/ industry. Extensive experience in managing IT infrastructure and operations at a senior level, as well as demonstrated capabilities in project management and proven ability to lead large teams, is essential. |
42-52 years
|
| Chief Financial Officer (TEGS VI) | a. A qualified Chartered Accountant / Cost Accountant / MBA (Finance) b. Graduation and Post-Graduation must be full time and regular Experience: 1. In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and have at least 15 years of experience in Banking Operations, out of which at least 5 years’ experience in the field of Accounts. Out of that at least 3 years’ combined experience as Scale IV and Scale V, with minimum 1-year experience in Scale V i.e. AGM is mandatory. OR 2. Other than PSBs: Minimum of 15 years in overseeing financial operations in domestic / foreign Banks/ FIs / reputable financial companies / financial services organizations / reputed public or private corporate post acquiring Chartered Accountant / Cost Accountant / MBA (Finance) qualification of which a minimum of 5 years should be as a full-time Chief Financial Officer or Deputy to Chief Financial Officer or an equivalent position in a regular capacity and not in a contractual / ad-hoc capacity | |
| Chief Risk Officer (TEGS VI) | a. A Post Graduate in Applied Statistics/ Statistics/ Economics/ MBA (Finance). b. Preference shall be given to additional professional qualifications like FRM/ CFA/ CA/ ICWA. c. Graduation and Post-Graduation must be full time and regular Experience: 1. In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and have at least 15 years of experience in Banking Operations out of which at least 5 years in Risk management department, OR 2. Other than PSBs: A Minimum 20 years of experience with a Bank (India or Abroad) / Financial Institution of which minimum 5 years with substantial exposure to Credit Risk, Market Risk, Operational Risk & Regulatory Risk. Exposure to Analytics, Reputation Risk, Information Security Risk and Enterprise Risk will be an added advantage. | |
| Deputy General Manager- Credit (TEGS VI) | a.Chartered Accountant / ICWA/ First class Post Graduate in Statistics/ Applied Statistics/ Economics b. Graduation and Post-Graduation must be full time and regular Experience: 1. In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and have at least 15 years of experience in Banking Operations, out of which at least 5 years’ experience in the field of Credit. Out of this at least 3 years’ combined experience as Scale IV and Scale V, with minimum 1-year experience in Scale V i.e. AGM is mandatory. OR 2. Other than PSBs: A Minimum 15 years of experience in Banking Operations of Financial Services Industry, out of which at least 10 years’ experience in the Credit Department. | |
| Assistant General Manager- Law (SMGS V) | a. Degree in Law (3 years/ 5 years) Post Graduate degree in Law will be preferable. b. Graduation and Post-Graduation must be full time and regular Experience: 1. In PSBs: Candidate must be enrolled as Advocate with Bar Council and must be in Scale IV (CM) and have at least 10 years of experience as Law Officer in Public Sector Bank in the Legal Department out of which at least 3 years’ combined experience as Scale III and Scale IV, with minimum experience of 1 year is mandatory in Scale IV i.e. as CM. The experience in PSB should be after enrolment as an advocate with Bar Council. OR 2. Other than PSBs: Candidate must be enrolled as Advocate with Bar Council. He/ She must be CM or AGM or equivalent and must have at least 12 years of experience as Law Officer in the Legal Department of Scheduled Commercial Bank. The experience should be after enrolment as an advocate with Bar Council | |
| Assistant General Manager- Industrial Relations (SMGS V) | a. Post-Graduation in HR/IR/Personnel Management with a minimum of 55% marks with specialization in Labour Laws and/or industrial relations b. Graduation and Post-Graduation must be full time and regular Experience: 1. In PSBs: Candidate must be in Scale IV (CM) (preferably Specialist in HR) in a Public Sector Bank and have at least 10 years’ experience in HRD department of which at least 3 years’ combined experience as Scale III and Scale IV, with minimum experience of 1 year is mandatory in Scale IV i.e. as CM. OR 2. Other than PSBs: Minimum 10 years’ experience in HR Department of a reputed Scheduled Commercial Bank/ Financial Institution of which at least 5 years’ experience in industrial relations and union dealings at a sufficiently middle management position. |
35-45 years
|
| Chief Manager- Economic Research (SMGS IV) | a. Post-Graduation in Economics with minimum 55% marks with specialization in monetary/financial economics or econometrics b. Desirable: High levels of skills in quantitative techniques and thorough knowledge of domestics and international financial markets. Preference will be given to candidates having a background in analytics, industry research and macroeconomic forecasting & analysis. c. Graduation and Post-Graduation must be full time and regular Experience: 1. In PSBs: Candidate must be in MMG Scale-III in a Public Sector Bank with 3 years’ recent experience in Economic Research Cell/ Department OR 2. Other than PSBs: Minimum 5 to 7 years’ experience as Economist/ Economic Analyst with Financial Institutions/ Banks/ Industry Chambers / Rating Agencies. Experience with industry chamber and analytics firm will be an added advantage. | |
| Manager- Law (MMGS II) (Specialist Cadre) | a. Degree in Law (3 years/ 5 years) b. Desirable: Post Graduate degree in Law will be preferable. c. Graduation and Post-Graduation must be full time and regular Experience (Desirable): a. Enrolled as Advocate with Bar Council b. With experience of at least 2 years as a practicing advocate. c. With experience as Scale I Law Officer in any Public Sector Bank in the Legal Department. | 25-35 years |
Application Fee
| For SC/ST/ PWD | Rs. 150 + Plus GST | Pay the Examination Fee through Debit Card, Credit Card, Net Banking or Pay Offline Through E Challan. |
| All others (for Manager Law) | Rs. 600 + Plus GST | |
| All others (for other Post) | Rs. 600 + Plus GST |
Important Dates to Remember
| Starting Date for Submission of Application form | 21 July 2018 |
| Last Date for Submission of Application form | 09 August 2018 |
| Last Date for receipt of hard copy of online application with enclosures | 19 August 2018 |
How to Apply PSB Vacancy
Eligible candidates may apply online at Punjab and Sind Bank’s website (https://www.psbindia.com/) from 21 Jul 2018 to 09 Aug 2018.
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