SBI Trade Finance Officer Recruitment 2025

The State Bank of India (SBI) has announced recruitment for Specialist Cadre Officers in the role of Trade Finance Officers (MMGS-II). Here’s an overview of the vacancy, eligibility criteria, and the application process.

1. Post Details

• Position: Trade Finance Officer (MMGS-II)
• Vacancies: 150 (Categorized as SC: 24, ST: 11, OBC: 38, EWS: 15, UR: 62)
• Age Limit (as of 31st December 2024): Minimum 23 years; Maximum 32 years (age relaxation as per Government norms)
• Suggested Posting Locations: Hyderabad and Kolkata (final posting may vary across India at SBI’s discretion)

2. Educational Qualification and Experience

Mandatory Qualifications:

• Graduation (any discipline) from a recognized university
• Certificate in Forex (IIBF) valid until 31st December 2024

Preferred Qualifications:

• Certification for Documentary Credit Specialists (CDCS) or certificates in Trade Finance or International Banking

Experience:

• Minimum 2 years of experience in Trade Finance processing in a supervisory role in a Scheduled Commercial or Foreign Bank.

Required Skills:

• Strong communication and presentation skills
• Proficiency in Trade Finance operations

3. Job Responsibilities

• Document Scrutiny: Review trade finance-related documents like Letters of Credit, Bank Guarantees, for compliance.
• Transaction Processing: Ensure efficient and accurate processing of trade and forex transactions within stipulated timelines.
• Reconciliation: Manage account reconciliations for trade finance and forex-related entries.
• Regulatory Adherence: Ensure compliance with RBI, ICC, and FEDAI guidelines.

4. Selection Process

The selection will be based on:

1. Shortlisting: Based on qualifications and experience. Shortlisting criteria will be decided by the bank.
2. Interview: The interview will carry 100 marks. A merit list will be prepared based on interview performance.

5. Application Process

• Online Registration Dates: 3rd January 2025 to 23rd January 2025
• Application Fee:
  • General/EWS/OBC: ₹750
  • SC/ST/PwBD: Exempted
• Steps to Apply:
  1. Visit SBI Careers Page.
  2. Register with a valid email ID and mobile number.
  3. Upload required documents, including photograph, signature, resume, and certificates.
  4. Submit the application and pay the fee online.

6. Documents to Upload

• Recent passport-sized photograph and signature
• ID and age proof
• Educational and experience certificates
• Caste certificate (if applicable)
• PwBD certificate (if applicable)

7. Salary and Perks

• Pay Scale: ₹64,820 – ₹93,960 (as per MMGS-II grade)
• Additional benefits include DA, HRA, medical facilities, and pension contributions.

This is a fantastic opportunity for professionals looking to excel in the specialized domain of Trade Finance at SBI. Apply before the deadline to secure your chance!