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SBI SCO Trade Finance Officer Recruitment Online Form 2024

Post Date: 06 June 2024 | 06:42 PM
Short Information : State Bank of India (SBI) Are Recently Invited to Online Application Form for the Post of Specialist Cadre Officer SCO (Trade Finance Officer) Recruitment 2024. All Eligible & Interested Candidates Can Apply Online Now in the Given Link Below.

State Bank of India (SBI)

SCO Trade Finance Officer (MMGS-II) Regular Basis Recruitment 2024

Advt No. CRPD/SCO/2024-25/05

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Application Fee

  • General/ OBC/ EWS : Rs. 750/-
  • SC/ ST/ PH Candidates : Rs. 00/-
  • Payment Mode: Pay the Exam Fee Through Credit Card, Debit Card, Net Banking Fee Mode.        

Important Dates

  • Online Apply Start On: 07 June 2024
  • Registration Last Date : 27 June 2024
  • Fee Payment Last Date : 27 June 2024

Age Limit as on 31/12/2023

  • Minimum Age : 23 Years
  • Maximum Age : 32 Years
  • For Age Relaxation.Read the Official Notification

Vacancy Details

Total Vacancy : 150 Post

Post Name

Cat. Total Post Eligibility as on 31/12/2023

Specialist Cadre Officer (SCO)

Trade Finance Officer (MMGS-II)

Regular  150
  • Graduate (any discipline) from Government recognized University or Institution AND Certificate in Forex by IIBF
  • Other Qualification: Certificate for Documentary Credit Specialists (CDCS) certification will be preferred / Certificate in Trade Finance / Certificate in International Banking (Preferably)
  • Experience: 02 Years
  • For More Details Read the Official Notification.

Category Wise Vacancy Details

Post Name

Cat. Gen OBC SC ST EWS Total
Trade Finance Officer (MMGS-II) Regular 61 38 25 11 15 150

Pay Scale & Mode of Selection

  • Pay Scale: As Per Rule.
  • Mode of Selection: Selection on the Basis of Shortlisting & Interview.
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About SBI SCO Trade Finance Officer (MMGS-II) Recruitment 2024

The State Bank of India (SBI) Specialist Cadre Officer (SCO) Trade Finance Officer position at the Middle Management Grade Scale-II (MMGS-II) level in 2024 offers a hard yet profitable opportunity for finance professionals. As a Trade Finance Officer, the position contains a spectrum of responsibilities essential to facilitating global change transactions for the bank and its customers.

In this position, one of the primary responsibilities entails handling trade finance operations, including letters of credit (LCs), bank guarantees, and documentary collections. The Trade Finance Officer ought to possess a comprehensive understanding of international exchange practices, guidelines, and compliance requirements to make sure seamless execution of transactions whilst mitigating risks.

Given the global nature of trade, effective communication and collaboration with inner stakeholders, consisting of relationship managers, credit risk officials, and compliance officials, are important. Building and keeping sturdy relationships with external parties, consisting of clients, correspondent banks, and regulatory bodies, also are essential to the achievement of the function.

Furthermore, the Trade Finance Officer ought to stay abreast of enterprise trends, marketplace trends, and regulatory modifications to adapt strategies and methods for that reason. This requires a proactive method to non-stop gaining knowledge of and expert improvement.

In addition to transactional sports, the Trade Finance Officer plays a key role in figuring out business opportunities and selling trade finance services and products to customers. This entails reading marketplace needs, knowledge consumer needs, and imparting tailored solutions to beautify purchaser pleasure and force revenue growth.

The SBI SCO Trade Finance Officer function demands

               

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