State Bank of India hiring for Deputy General Manager
Company :
State Bank of India (SBI)
Website :
Job Role :
Dy General Manager (Asset Liability Management)
Eligibility :
MBA/CA
Experience :
5 - 15 Years
Job Location :
Mumbai
Last Date :
12 Aug 2019

Company Profile:

State Bank of India invites on-line applications from Mumbain citizens for appointment in the Deputy General Managerss of Pharmacists , Control Room Operators and Armourer. Interested Candidates are advised to apply online from 08th Nov, 2013 to 22nd Nov, 2013. www.iupsc.in highlights the details like eligibility criteria, selection process, opening and closing of application and post wise break up vacancies details etc are mentioned on this blog.

Educational Details:

• MBA (Finance) or equivalent / Chartered Accountant.
• FRM Certification and / or CFA is preferred.

Age Limit (As on 01.07.2019):

45 Years.

Work Experience:

i. Minimum 15 years’ post qualification experience with Banks/ Financial Institutions / Regulatory Bodies etc.
ii. Out of above minimum 5 years’ experience in ALM with Banks/ Financial Institutions / Regulatory Bodies etc. having significantly large balance sheet size.

Job Profile:

Management of Liquidity & Interest Rate Risk of the Bank.
Assisting ALCO as member of ALCO Support Group.
Formulation of ALM Policy, Liquidity Stress Test Policy and FTP Mechanism and periodical review thereof.
Recommending proposals to ALCO for revision of Interest Rates.
To ensure IT support for Asset Liability Management functions.
To ensure compliance of statutory and regulatory requirements on ALM.
Conducting ALCO meetings and conveying directions of ALCO to respective Departments/Business Units for implementation.
To ensure quarterly submission of ALCO Decisions & Follow-up Report on Compliance with ALM Policy to Risk Management Committee of the Board.
To ensure submission of Board Memoranda on ALM Reports, Revision in Interest Rates and Review of ALM Policy at stipulated time intervals.
Monitoring and maintaining Liquidity Coverage Ratio (LCR) within the Regulatory benchmark.
To ensure submission of Short-Term Dynamic Liquidity Report to RBI at monthly intervals.
Implementation of RBI/GOI guidelines on ALM.
Timely submission of DSB-Returns.
Monitoring of various prudential limits related to liquidity & Interest rate Risk.
Review of interest rates on deposits & Base Rate at stipulated intervals.
Providing estimated cost of deposits and Cost of funds to the top management / Business Units at monthly intervals.
Periodic review of Behavioural studies related to ALM assumptions and impact of same on liquidity and interest rate risk.
Review of Stress Test Policy and Contingency Funding plan. Periodic review of Funds Transfer Pricing Mechanism.
Memorandums to the ECCB/CB on Revision of interest rates, ALM Reports and Review of ALM Policy.
Periodic review of Dynamic Liquidity Report methodology and Back testing.
Prompt resolution of issues related to TP originating from Business Units.
Designing of hedging strategies to manage the interest rate sensitivity of the balance sheet.
Develop a view on future direction of interest rate movements and decide on a funding mix between fixed vs floating rate funds, wholesale vs retail deposits, money market vs capital market funding, domestic vs foreign currency funding, etc.
Aligning business plan with various rate scenarios.
Assessing various types of market risks and their implications on the institution.
Gap report.
Prepare forecasts (simulations) showing the effects of various possible changes in market conditions related to the balance sheet and recommend the action needed to adhere to bank's internal limits.

Emoluments:

Rs: 68680-1960/4-76520 [CTC: 41 Lakhs approx.]

Application Fee:

Application fees and Intimation Charges (Non-refundable) is 750/- ( Seven Hundred Fifty only) for General/EWS/OBC candidates and 125/- ( One hundred Twenty-Five only) for SC/ ST/ PWD candidates.

How to Apply:

ONLINE REGISTRATION OF APPLICATION & PAYMENT OF FEES: FROM 22.07.2019 TO 12.08.2019.