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SBI’s recruitment for 150 Trade Finance Officer posts opened on 7 June 2024 and closed on 27 June 2024. It is not accepting applications now: SBI’s recruitment-results page lists advertisement CRPD/SCO/2024-25/05 as having a final result announced. The post was at Middle Management Grade Scale II (MMGS-II), and the notice required a degree, an IIBF Forex certificate and at least two years of relevant bank experience.
Is SBI accepting applications for these posts now?
No. The application and fee-payment window ran from 7 June through 27 June 2024. SBI’s official recruitment-results page now lists CRPD/SCO/2024-25/05 as having a final result announced. This is a completed recruitment, not a current vacancy.
The original advertisement, SBI’s CRPD/SCO/2024-25/05 notice, remains the source for the terms below. For any new recruitment, check SBI’s official careers site. SBI says notices, interview schedules and final results are published through its career sites and cautions applicants about fake selection letters and lists.
What the 2024 notice offered
| Detail | Terms in SBI’s 2024 notice |
|---|---|
| Employer and notice | State Bank of India; CRPD/SCO/2024-25/05, Specialist Cadre Officer recruitment on a regular basis. |
| Post and grade | Trade Finance Officer, Middle Management Grade Scale II (MMGS-II). |
| Total vacancies | 150: 25 SC, 11 ST, 38 OBC, 15 EWS and 61 unreserved. |
| Horizontal PwBD vacancies | VI 2, HI 2, LD 1, and d&e 1. SBI described vacancies, including reserved vacancies, as provisional and subject to actual requirements. |
| Age range | 23–32 years for the stated general-category range, calculated as of 31 December 2023. Applicable reserved-category relaxations followed Government of India guidelines. |
| Application and fee window | 7–27 June 2024, including fee payment. |
| Fee | ₹750 for General, EWS and OBC candidates; no fee or intimation charge for SC, ST or PwBD candidates. The fee was non-refundable. |
| Suggested locations | Hyderabad and Kolkata were indicative locations; SBI reserved the right to post selected officers anywhere in India. |
| Probation and pay | Six-month probation. The notice stated a pay scale of ₹48,170–₹69,810 with staged increments and said a pay revision was due to apply from the date of joining. These are terms stated in the 2024 notice, not a current salary quote. |
Who was eligible?
Applicants needed to meet the essential education, certification and experience requirements in the notice. A preferred qualification was an advantage, not a substitute for an essential requirement.
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Essential qualifications
- A degree in any discipline from a government-recognized university or institution.
- An IIBF Forex certificate.
- At least two years of post-qualification Trade Finance processing experience as an executive in a supervisory role at a Scheduled Commercial Bank.
The notice also listed communication, presentation and processing skills.
Preferred qualifications
- CDCS certification was preferred; it was not the essential certificate specified in the notice.
- A Trade Finance or International Banking certificate was also preferred.
What did a Trade Finance Officer do?
The role combined transaction processing, document checking, systems work and support for branches. The notice described duties including:
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- Checking letters of credit, collections, bank guarantees and other trade-finance documents against relevant bank and regulatory requirements.
- Processing Trade Finance and Forex transactions at centralized locations, and reconciling entries across the bank’s Trade Finance, Forex, CBS, IDPMS and EDPMS systems.
- Tracking maturities and payments, meeting turnaround benchmarks, and resolving escalations from branches.
- Supporting branches and junior staff, and carrying out audit and compliance work in line with bank, regulatory, ICC and FEDAI guidance.
How were candidates selected?
SBI’s notice stated: “The selection will be on the basis of shortlisting and Interview.” Meeting the minimum eligibility criteria did not guarantee an interview; SBI’s shortlisting committee determined the shortlisting parameters.
The interview carried 100 marks, and the merit list was based on interview scores. Where candidates were tied at the cutoff, the notice specified age in descending order as the tie-breaker.
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What documents did the application require?
The following were requirements in the 2024 online application process, not instructions for an open application today. Candidates were asked to upload:
- A photograph, signature and resume.
- Identity and date-of-birth proof.
- Educational certificates, relevant category or disability certificates where applicable, and experience certificates.
- Current-employer evidence, such as Form 16, an offer letter or a latest salary slip.
A No Objection Certificate was mandatory for applicants employed by a government institute, public-sector unit or public-sector bank.
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