State Bank of India (SBI) Recruitment for ERS Reviewer (Contractual)

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Job Highlights

Organization: State Bank of India (SBI)
Post Name: ERS Reviewer (Contractual)
No of Vacancies: 30
Qualification: Others
State: Pan India (Circle Audit Offices)
Last Date to Apply: April 22, 2025

Job Description

About the Organization:

State Bank of India (SBI), awarded “Best Bank in India 2024” by Global Finance, is a premier public sector bank with a legacy of excellence. SBI offers dynamic opportunities for retired professionals to contribute to its robust audit and review processes.

Job Description:

Role Overview:

As an ERS (Early Review of Sanction) Reviewer, you will conduct offsite reviews of loan proposals (₹1 Crore+/USD 1M+) to identify gaps and ensure compliance. This is a full-time contractual role for retired SBI/e-AB officers.

Key Responsibilities:

  • Review pre-sanction and sanction processes for loans.
  • Flag deficiencies in proposals for corrective action.
  • Adhere to Turnaround Time (TAT) for daily reviews.
  • Ensure audit quality and compliance with bank policies.

Eligibility Criteria:

  • Retirement Grade: SMGS-IV/V from SBI/e-ABs.
  • Age Limit: ≤63 years (as of 02.04.2025).
  • Experience: Prior audit experience preferred.
  • Other:
    • Clean service record (no penalties in last 5 years).
    • No pending disciplinary/CBI cases.

Remuneration:

  • SMGS-IV: ₹50,000/month
  • SMGS-V: ₹65,000/month (Fixed, no additional perks)

Contract Details:

  • Duration: 1–3 years (or until age 65).
  • Leave: 30 days/year (pro-rata).
  • Termination: 30-day notice by either party.

Selection Process:

  1. Online Application: Submit via SBI Careers (02–22 April 2025).
  2. Document Upload:
    • Pensioner’s ID, caste/EWS/PwBD certificates (if applicable).
    • Recent photograph (20–50 KB) and signature (10–20 KB).
  3. Interview: 100-mark evaluation (cut-off decided by SBI).

How to Apply:

  1. Visit: SBI Careers Portal.
  2. Register: Upload documents and fill the online form.
  3. Submit: No hard copies required.

Note:

  • EWS/OBC candidates must submit valid FY 2024-25 certificates.
  • Posting is transferable across India.

Why Join SBI?

  • Prestige: Work with India’s leading bank.
  • Flexibility: Ideal post-retirement engagement.
  • Impact: Ensure financial integrity of high-value loans.

Note: SBI reserves the right to cancel/modify the recruitment. Canvassing disqualifies.

Note: Always cross check with the official websites for the accurate and detailed information.

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