State Bank of India
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Job Title :
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Specialist Cadre
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Description :
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Specialist Cadre for wealth management on contract basis
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Eligibility :
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See full notification
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Location :
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Anywhere in India
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No of Post :
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See full notification
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Pay Scale :
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Remuneration offered will be on CTC basis and is negotiable based on candidate’s qualifications, experience and overall suitability for the respective posts.
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Selection :
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Selection will be based on short listing and one or more rounds of Personal Interview.
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Last Date :
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10-Apr-2017
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Job Details:
State Bank of India invites Online applications from Indian citizens for appointment in following Positions in Specialist Cadre for wealth management in State Bank of India on contract basis. Candidates are requested to apply Online through link given in “careers” section of Bank’s website www.statebankofindia.com or www.sbi.co.in
Sr.
No. |
Position
(Contractual Engagement)
|
AGE
(Years) as on 1.03.2017 |
Minimum
Educational
Qualifications as on 01.03.2017 |
Experience
as on 01.03.2017
|
|||
Total Vacancy
|
Min
|
Max
|
|||||
1
|
Sales
Head
|
1
|
40
|
52
|
MBA/PGDM
from reputed Colleges.
|
= Minimum 15 Years of
relevant work experience in financial services, Investment
advisory and Private banking
= Minimum Eight Years of Experience in Wealth Management = Should have managed large Management Team. = Excellent Knowledge of Equity Products, PMS, Mutual Funds and Advisory = Should have Exposure to CRM = Proven track record of High Performance and Leadership = Should have relevant work experience at a national level with large Wealth Management organisations = Should have managed a large team of relationship managers & Team Leads at a national level |
|
2
|
Products,
Investments
& Research Head
|
1
|
40
|
52
|
Graduation
/ Post Graduation from the reputed Colleges.
Knowledge and Experience in Market Analytics and Pas- sion for Research in Economics trend and Products. |
=
Minimum
15 Years of relevant work experience in financial
services, Financial Product Development, Investment Advisory and Private
Banking
= Minimum Eight Years of Experience in Wealth Management = Excellent Knowledge of Equity Products, PMS, Mutual Funds and Advisory = Experience in Product Development and Structuring for Private Wealth Clients = Experience in managing investment counsellors/ advisors at a national level with leading banks/ financial institutions |
|
Sr.
No. |
Position
(Contractual Engagement)
|
AGE
(Years) as on 1.03.2017 |
Minimum
Educational
Qualifications as on 01.03.2017 |
Experience
as on 01.03.2017
|
|||
Total
|
Min
|
Max
|
|||||
3
|
Operations
Head
|
1
|
35
|
45
|
MBA/PGDM
from reputed College.
|
Minimum 15 Years of Experience in financial
services,
investment advisory and private banking out of which
minimum 8 years of experience in setting up and
Managing Mid Office, Back Office and Branch Operations
of Wealth Management set up.
Exposure on CRM platform for Wealth Management is preferred. Experience in handling trade and data for transactions across asset classes like equity, bonds, mutual funds and alternates. Should have managed a large operations team in Wealth Management business. |
|
4
|
Manager
(Business Development)
|
1
|
30
|
40
|
MBA/PGDM
from
reputed College/ University.
|
Minimum 5 years of experience in Bank/Wealth
Management
firms/broking firms. Experience in business
development in wealth management area.
|
|
5
|
Manager
(Business Process)
|
1
|
30
|
40
|
MBA/PGDM
from
reputed College/ University.
|
Minimum 5 years of experience in Bank /
Wealth Management firms / broking firms /
Wealth management solution firms. Experience
in business process management in wealth
management area.
|
|
6
|
Central
Research Team
|
4
|
30
|
40
|
MBA/PGDM
from
reputed College/ University.
|
Minimum 5 Years of Experience in Fixed
Income Research / MF Research / Equity and
Derivative Research / Portfolio Analytics In
Wealth Management Firm / Bank / AMC.
|
|
7
|
Acquisition
Relationship Managers
|
21
|
22
|
35
|
Graduate
from
Government recognized
University or Institution.
|
Minimum 2 years of experience in acquisition of
High
Net Worth clients (Clients having a minimum Total
Relationship Value (TRV) of INR.20.00 lakh or more) in Wealth
Management business with leading Public /Private /
Foreign Banks / Broking / Securities firms and other
financial institutions.
|
|
8
|
Relationship
Managers
|
120
|
23
|
35
|
Graduate
from
Government recognized
University or Institution.
|
Minimum 3 years of experience as a Relationship
Manager in Wealth Management with leading Public /Private / Foreign Banks/Broking/Security firms. The candidate should have adequate experience in building and managing relationship with High Net Worth Clients (Clients having a minimum Total Relationship Value (TRV) of Rs.20.00 lakh). |
|
9
|
Relationship
Manager (Team Lead)
|
15
|
25
|
40
|
Graduate
from
Government recognized
University or Institution.
|
Minimum 4 years of experience as a
Relationship Manager in Wealth Management Experience
as a Team Lead is preferred.
|
|
10
|
Investment
Counsellors |
25
|
23
|
35
|
Graduate/Post
Graduate with AMFI/ NISM (Module V) certified
from Government
recog-
nized University or Institutions.
Candidates with CFP/ CFA/SEBI IA Certifications will be preferred. |
Minimum 3 years of experience as an
Investment advisor / counselor / part of Product
Team in Wealth Management
organization.
Following skills are preferred: = Good knowledge on investments and markets across asset classes = Experience in managing and advising client portfolios = Good knowledge on asset allocation and re-balancing techniques = Superior presentation skills & other core competencies like leadership and team work Experience in products of fixed income, equity & alternate markets. |
|
11
|
Customer
Relationship Executives
|
65
|
20
|
35
|
Graduate
from
Government recognized
University or Institution
|
= Experience in
documentation requirements of financial products and good
communications skills would be desirable
|
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Last Date of
Application:
April 10, 2017.
Application Fee:
Application fees and Intimation Charges (Non-refundable) Rs.600/-for General and OBC candidates; Rs.100/- (Intimation charges only) for SC/ ST/PWD candidates.