bank of maharastra recruitment: Notification released apply fast.

Summary Bank of Maharashtra Announces Recruitment for Credit Officers in Scale II & III

bank of maharastra recruitment >>>Bank of Maharashtra, a renowned public sector bank with its headquarters in Pune, is inviting online applications for the recruitment of Credit Officers in Scale II and III. This is a golden opportunity for individuals aspiring to join the banking sector and contribute to the financial industry’s growth.

Details of number of posts, Reservation & Age:

Post/s	Scale	Age		No. of vacancies						PwBD
			SC	ST	OBC	EWS	UR	Total	oc
Credit Officer Scale Il	MMGS Il	25-32	7	3	13	5	22	50	1	1	1	1
Credit Officer Scale Ill	MMGS Ill	25-35	7	3	13	5	22	50		1

Direct Recruitment of Credit Officers in Scale II:

– Post: Credit Officer in Scale II

– Number of Posts: 50 (Fifty only)

– Qualifications:

  – Bachelor’s Degree with a minimum of 60% (55% for SC/ST/OBC/PwBD) marks, recognized by the Government of India or its regulatory bodies.

  – Professional Qualifications (Compulsory): MBA (Full time) preferably in Banking / Finance / Banking & Finance / Marketing / Forex / Credit from a recognized university or institute, or PGDBA / PGDBM / CA / CFA / ICWA/ Financial Risk Manager.

  – Candidates without professional qualifications can apply with at least 3 years of experience in specialized branches/controlling offices of banks or financial institutions, with a minimum of 2 years as a Branch Head.

– Experience: A minimum of 3 years’ post-qualification experience in processing MSME, Mid & Large Corporate proposals, credit appraisal, and branch management.

– Age: Between 25 and 32 years (Relaxation for reserved categories as per government guidelines).

– Bond Period: Two years from the date of joining the bank.

– Probation Period: Six months from the date of joining.

Skill Sets/Core Competencies Required:

– Thorough knowledge of financial statements and their analysis.

– Strong credit appraisal skills to assess funded and non-funded limits, project loans, and export credit proposals.

– Sound knowledge of current RBI instructions and experience in supervising high-value credit.

– Proficiency in computers, good interpersonal communication, analytical, and drafting skills.

Job Profile for Credit Officers in Scale II:

– Appraising new and existing MSME / Mid / Large Corporate proposals.

– Analyzing balance sheets and credit proposals, monitoring credit, and ensuring timely follow-up.

– Adhering to Turn-Around-Time (TAT) for proposal processing.

– Conducting review and renewals of existing proposals.

– Ensuring compliance with KYC norms and RBI guidelines.

– Conducting due diligence on credit proposals.

– Supporting Branch Managers and various verticals in canvassing New to Bank Corporate Borrowers.

– Cross-selling of ancillary business.

– Monitoring MSME / Corporate accounts and ensuring compliance.

– Market intelligence or market due diligence.

– Other tasks as instructed by the Competent Authority.

Direct Recruitment of Credit Officers in Scale III:

– Post: Credit Officer in Scale III

– Number of Posts: 50 (Fifty only)

– Qualifications:

  – Bachelor’s Degree with a minimum of 60% (55% for SC/ST/OBC/PwBD) marks, recognized by the Government of India or its regulatory bodies.

  – Professional Qualifications (Compulsory): MBA (Full time) preferably in Banking / Finance / Banking & Finance / Marketing / Forex / Credit or other recognized qualifications.

  – Candidates without professional qualifications can apply with at least 5 years of experience in specialized branches/controlling offices of banks or financial institutions, with a minimum of 4 years as a Branch Head.

– Experience: A minimum of 5 years’ post-qualification experience in processing MSME, Mid & Large Corporate proposals, credit appraisal, and branch management.

– Age: Between 25 and 35 years (Relaxation for reserved categories as per government guidelines).

– Bond Period: Two years from the date of joining the bank.

– Probation Period: Six months from the date of joining.

Application Fees/Intimation Charges for bank of maharastra recruitment:

– For General/EWS/OBC candidates: Application Fee – Rs. 1000, Intimation Charges – Rs. 180, Total – Rs. 1180.

– For SC/ST/PwBD candidates: Application Fee – Rs. 100, Intimation Charges – Rs. 18, Total – Rs. 118.

Note:

– Application fees and intimation charges are non-refundable.

– Eligible candidates must apply online through the bank’s website www.bankofmaharashtra.in.

This recruitment drive offers a great opportunity for candidates to join Bank of Maharashtra, a leading player in the Indian banking industry. Interested individuals are encouraged to apply online and take their first step towards a rewarding career in the financial sector.

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