The State Bank of India (SBI), one of the largest and most trusted banking institutions in India, has announced the recruitment for the post of Trade Finance Officer under its Specialist Cadre Officer (SCO) category. This recruitment aims to fill 150 vacancies for the position of Trade Finance Officer in the Middle Management Grade Scale II (MMGS-II). With the goal to enhance trade finance expertise within its branches, SBI is looking for qualified candidates who have experience and a strong background in handling trade finance operations.
State Bank of India (SBI)
SBI is India’s largest public sector bank with over 24000 branches worldwide. It has a customer base of over 45 crore and provides comprehensive banking solutions, including retail, corporate, investment, and trade finance services. Known for its integrity, expertise, and expansive reach, SBI has been the preferred choice for many aspirants for a stable and rewarding career in banking.
Trade Finance Officer
The Trade Finance Officer will handle critical tasks related to foreign trade finance, dealing with the processing of trade finance applications such as import/export documents, payment transactions, and related banking services. This role is significant as it supports the bank in facilitating international trade through financial products and services designed for global business operations.
Post Details:
| Post Name | Trade Finance Officer (MMGS-II) |
|---|---|
| Vacancies | 150 |
| Job Location | Initial Posting: Hyderabad, Kolkata (Transferable across India) |
| Grade | Middle Management Grade Scale II |
| Application Mode | Online |
| Application Dates | 03 January 2025 to 23 January 2025 |
| Official Website | sbi.co.in |
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Educational Qualifications:
To apply for the position of Trade Finance Officer (MMGS-II), candidates must meet certain educational and experience criteria:
- Mandatory Requirements:
- Graduation in any discipline from a recognized university or institution.
- A valid certificate in Forex from the Indian Institute of Banking and Finance (IIBF), which should be valid by December 31, 2024.
- Preferred Qualifications:
- A Certificate for Documentary Credit Specialists (CDCS) or in Trade Finance/International Banking.
- Experience:
- At least 2 years of post-qualification experience in trade finance processing in a supervisory role at a Scheduled Commercial Bank or a Foreign Bank.
Age Limit:
Candidates applying for the SBI Trade Finance Officer post should be within a certain age range:
- Minimum Age: 23 years
- Maximum Age: 32 years as of December 31, 2024.
Age relaxation is available as per government norms:
- SC/ST candidates: 5 years
- OBC candidates: 3 years
Selection Process for SBI Trade Finance Officer Recruitment 2025
The recruitment process consists of the following steps:
- Shortlisting of Candidates: The initial screening is based on the applications submitted. Only those who meet the eligibility criteria will be shortlisted.
- Personal Interview: Shortlisted candidates will be called for a personal interview. This is a crucial stage that evaluates the candidate’s knowledge, expertise in trade finance, and suitability for the role. The interview carries 100 marks.
- Final Merit List: After the interview, candidates will be ranked based on their performance. In case of a tie in scores, the older candidate will be ranked higher.
Application Dates:
- Start Date: January 3, 2025
- End Date: January 23, 2025
Candidates are advised to submit their applications before the last date to avoid any last-minute issues.
Registration Fee:
The application fee varies based on the candidate’s category:
- General, EWS, OBC candidates: ₹750
- SC, ST, and PwBD candidates: No fee
The payment must be made online via Internet Banking, Credit/Debit Cards, or UPI.
How to Apply Online for SBI Trade Finance Officer Recruitment 2025?
Candidates need to follow these steps to apply for the Trade Finance Officer post:
- Visit the official SBI career page: sbi.co.in.
- Go to the “Career” section and click on the “Current Opening” section.
- Find the “SBI Trade Finance Officer Recruitment” link and click on “Apply Online.”
- Complete the registration form by entering your personal and contact details.
- Upload scanned copies of your photograph, signature, and other required documents.
- Fill in your academic and professional details accurately.
- Pay the application fee (if applicable).
- Review your application form carefully before submitting.
- Submit the application form and take a printout for future reference.
FAQ
1. What is the total number of vacancies for the Trade Finance Officer post?
Ans: There are 150 vacancies for the position of Trade Finance Officer across various categories.
2. Can I apply for the SBI Trade Finance Officer position if I do not have experience in trade finance?
Ans: No, at least 2 years of post-qualification experience in trade finance processing is required for this role.
3. Where will I be posted if selected as a Trade Finance Officer?
Ans: The initial postings are expected in Hyderabad and Kolkata. However, the bank has the discretion to assign candidates to any of its offices across India.
Conclusion
The SBI Trade Finance Officer Recruitment 2025 offers a lucrative opportunity for candidates with the right qualifications and professional experience in the trade finance domain. By adhering to the eligibility criteria and completing the online application process, candidates can secure a role at one of India’s leading banks. Ensure all required documents are ready before applying and complete the registration process within the given timeframe.
Candidates should be prepared for the interview stage, as it plays a significant role in the selection process.
