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Punjab and Sind Bank Recruitment 2021, Apply Online for 40 Risk & IT Manager

Punjab and Sind Bank Recruitment 2021

Punjab and Sind Bank Recruitment 2021: Punjab & Sind Bank is inviting online applications for the post of Risk Manager & IT Manager, as per the recruitment notification released on 10th November 2021.  The online applications have started on 19th November 2021. The last date to submit online applications is 28th November 2021.  Interested candidates must bookmark this article for information about vacancies, eligibility criteria, selection process and salary.

Punjab and Sind Bank Recruitment 2021 – Overview

Punjab and Sind Bank has released 40 vacancies for the post of Risk Manager (SMGS IV  & MMGS III) and IT Manager (MMGS III & MMGS II) on its official website. The online applications started on 19th December 2021. Interested candidates must submit the online applications before 28th November 2021. The table below gives information about Punjab and Sind Bank Recruitment 2021:

Name of Organization Punjab & Sind Bank
Number of Vacancies 40
Name of Post Risk Manager & IT Manager
Mode of Application Online
Starting Date of Online Application 19th November 2021
Last Date of Online Applications 28th November 2021
Selection Merit List & Interview
Job Category Bank Jobs
Job Location Delhi
Official Website @punjabandsindbank.co.in/

Punjab and Sind Bank Recruitment Notification

The candidates who are applying for Punjab and Sind Bank Recruitment 2021 must read all the details and instructions specified in the notification before following the online application form. The notification is available on the official website and can be downloaded from the link given below:

Punjab and Sind Bank Recruitment 2021 – Important Dates

The candidates must stay updated about the events occurring throughout the recruitment process. The table below shows a list of important dates and events for Punjab and Sind Bank Recruitment 2021:

Events Dates
Advertisement Release Date 10th November 2021
Opening Date of Online Applications 19th November 2021
Closing Date of Online Applications 28th November 2021
Closing Date of Editing Online Applications 28th November 2021
Online Fee Payment 19th November 2021 – 28th November 2021 [11:59 PM]
Last Date for receipt of the hard copy of the online application with enclosures (for Risk Manager in SMGS IV) 8th December 2021
Last Date of Printing Online Application 13th December 2021

Punjab and Sind Bank Recruitment 2021 – Vacancy Details

Punjab and Sind Bank has released 40 vacancies for the post of Risk Manager (Senior Management Grade Scale IV and Medium Management Grade Scale III) and IT Manager (Medium Management Grade Scale-II & III). The vacancy table is given below:

Post Grade/Scale SC ST OBC EWS UR Total
Risk Manager SMGS-IV 1 1
Risk Manager MMGS-III 2 2
IT Manager MMGS-III 2 1 3 1 6 13
IT Manager MMGS-II 5 2 9 3 5 24
Total 7 3 12 4 14 40

Punjab and Sind Bank Recruitment 2021 – Application Link

The online applications for the post of Risk Manager and IT Manager have started on 19th November 2021. The candidates can click on the link provided below to apply online for Punjab and Sind Bank Recruitment 2021:

Steps to Apply Online for Punjab and Sind Bank Recruitment 2021

The candidates can apply online for the Punjab and Sind Bank Recruitment 2021 by following the steps given below:

Registration

  1. Visit the official website @punjabandsindbank.co.in (Recruitment page) or click on the link provided above.
  2. Click on Click Here for New Registration.
  3. The registration form will appear with 6 sections: Basic Info, Photo & Signature, Details, Preview, Uploads and Payment.
  4. In the Basic Info section, enter all the details carefully as mentioned in the form. Fill in the Security Code and then click on Save and Next.
  5. The candidate will receive a provisional registration no. and password through a message displayed on the screen and via registered email ID and mobile number.
  6. Upload your Photo and Signature as per the given format. Candidates can save the details by clicking on Validate and Next & Save and Next button.
  7. Fill in all the details related to Father’s/Husband’s Name and other information carefully.
  8. In the Preview section, candidates can make any possible corrections at this stage. Verify the information filled in the application form and then click on Final Submit.
  9. Upload scanned copy of the thumb impression, handwritten declaration and other documents.
  10. In the Payment section, pay the application fees through online mode. Save the payment receipt after successful payment.

Login

  1. To edit/print the application form and payment receipt, enter the Registration No. and Password.
  2. Fill in the Security Code and click on Login.
  3. The candidates must download and print the application form and payment receipt for future reference.

Application Fee

The candidates must pay the application fee from 19th November 2021 to 28th November 2021. The application fee is as follows:

Category Application Fee Local Residents of New Delhi Residents Out of New Delhi
SC/ST/PwD 150 + GST 177 ( including CGST and SGST) 177 (including IGST)
Other categories 850 + GST 1003 ( including CGST and SGST) 1003 (including IGST)

For the candidates applying for the post of Risk Manager (SMGS-IV), candidates have to send a hard copy of the following documents listed below:

  1. Self-attested printout of the application form.
  2. Annexure-I: Prescribed Application Form (Mandatory).
  3. Passport-size photograph pasted on the application form. The candidate must sign across over the photograph.
  4. NOC from existing employer.
  5. School leaving certificate in support of date of birth.
  6. Self-attested copies of certificates of academic performance and educational qualification.
  7. Caste/Category/Disability/Ex-servicemen certificate (whichever applicable).
  8. Submit to the following address before 8th December 2021:

The Deputy General Manager (HRD), Punjab and Sind Bank, 5th Floor, Bank House, 21 Rajendra Place, New Delhi-1100088.

Punjab and Sind Bank Recruitment 2021 – Eligibility Criteria

The candidates applying for the post of Risk Manager and IT Manager must ensure that they fulfill the eligibility conditions before filling the online application form. The eligibility criteria is as follows:

Nationality

The candidate must be either

  1. A Citizen of India or
  2. A subject of Nepal or
  3. A subject of Bhutan or
  4. A Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India or
  5. A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

Provided that a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a person in whose favor a certificate of eligibility has been issued by the Government of India.

Educational Qualification

The educational qualifications of Risk Manager and IT Manager are as follows:

Risk Manager (SMGS-IV)

  • Graduate in any discipline with aggregate 60% marks or equivalent in CGPA, and
  • Post Graduate in Mathematics/Statistics/Economics/Risk Management, or
  • MBA in Finance/Banking/Risk Management., or
  • PG Diploma in Finance/Banking/Risk Management with aggregate 60% marks or equivalent in CGPA.
  • Completed Professional Courses CA/ICWS/CS.

Preferred Qualifications:

  • Financial Risk Manager (FRM).
  • Professional Risk Manager (PRM) from PRMIA.
  • Diploma in Treasury, Investment and Risk Management (DTIRM-IIBF).
  • CAIIB with specialization in Risk Management.

A strong foundation in statistical and other quantitative techniques will be an added advantage.

Experience: 5 years of experience as an Officer in Financial Institutions/Banks/Rating Agencies/Analytics Firm/Reputed Brokerage/Corporate organizations like CRISIL, CIBIL, ICRA, out of which 3 years of experience in risk functions. The experience should be achieved after attaining the required qualification.

Risk Manager (MMGS-III)

  • Graduate in any discipline with aggregate 60% marks or equivalent in CGPA, and
  • Post Graduate in Mathematics/Statistics/Economics/Risk Management, or
  • MBA in Finance/Banking/Risk Management., or
  • PG Diploma in Finance/Banking/Risk Management with aggregate 60% marks or equivalent in CGPA.
  • Completed Professional Courses CA/ICWS/CS.

Preferred Qualifications:

  • Financial Risk Manager (FRM).
  • Professional Risk Manager (PRM) from PRMIA.
  • Diploma in Treasury, Investment and Risk Management (DTIRM-IIBF).
  • CAIIB with specialization in Risk Management.

A strong foundation in statistical and other quantitative techniques will be an added advantage.

Experience: Officers at least in JMGS-I  with post-qualification experience of not less than 3 years in the field of Compliance and/or Risk Management in Banks/Financial Institutions/Public Sector Undertakings.

IT Manager (MMGS-III)

  • The candidate should have pursued BE/B Tech./ME/M Tech. in Computer Science/Computer Technology/Computer Engineering/Computer Science & Technology/Computer Science & Engineering/Information Technology/Information Science & Engineering/Electronics Communication & Engineering, or
  • MCA with minimum 60% and above or equivalent CGPA.

Experience: Minimum 6 years of post-qualification experience in IT out of which 3 years mandatory experience in the relevant field.

IT Manager (MMGS-II)

  • The candidate should have pursued BE/B Tech./ME/M Tech. in Computer Science/Computer Technology/Computer Engineering/Computer Science & Technology/Computer Science & Engineering/Information Technology/Information Science & Engineering/Electronics Communication & Engineering, or
  • MCA with minimum 60% and above or equivalent CGPA.

Experience: Minimum 4 years of post-qualification experience in IT out of which 2 years mandatory experience in the relevant field.

Age Limit

The age limit of candidates applying for the post of Risk Manager and IT Manager is as follows:

Post Grade/Scale Age Limit
Risk Manager SMGS-IV 30-40 years
Risk Manager MMGS-III 25-35 years
IT Manager MMGS-III 25-35 years
IT Manager MMGS-II 25-30 years

Age Relaxation

S No. Category Age Relaxation (Upper Age Limit)
1. SC/ST 5 years
2. OBC (Non-Creamy Layer) 3 years
3. Persons with Benchmark Disabilities under the Rights of Persons with Disabilities Act, 2016 10 years
(a) SC/ST 15 years
(b) OBC 13 years
(c) UR 10 years
4. Ex-Servicemen 5 years
5. Persons affected by 1984 Riots 5 years

Punjab and Sind Bank Recruitment 2021 – Selection Process

The selection process for the Punjab and Sind Bank Recruitment 2021 is as follows:

  1. The Bank may conduct an online exam for MMGS-II and MMGS-III depending on the number of registrations.
  2. The candidates will be shortlisted according to the marks obtained by the candidate on the basis of educational qualifications and experience.
  3. The Merit List will be prepared and the candidates will be called for interview.

Punjab and Sind Bank Recruitment 2021 – Salary

The candidates who find their place on the merit list will undergo a probation period of one year. The scale of pay for the posts according to grade/scale is given in the table below:

Post Grade/Scale Scale of Pay
Chief Manager SMGS-IV 76010-2220/4-84890-2500/2-89890
Senior Manager MMGS-III 63840-1990/5-73790-2220/2-78230
Manager MMGS-II 48170-1740/1-49910-1990/10-698-10

Punjab and Sind Bank Recruitment 2021 – FAQ’S

Q. How many vacancies are released by Punjab and Sind Bank?

Ans. Punjab and Sind Bank has released Punjab and Sind Bank for the post of Risk Manager and IT Manager.

Q. What is the starting date to apply for Punjab and Sind Bank Recruitment 2021?

Ans. The starting date to apply for Punjab and Sind Bank Recruitment 2021 is 19th November 2021.

Q. What is the last date to apply for Punjab and Sind Bank Recruitment 2021?

Ans. The last date to apply for Punjab and Sind Bank Recruitment 2021 is 28th November 2021.

Q. How to apply for the Punjab and Sind Bank Recruitment 2021?

Ans. Visit the official website or click on the link to apply online. Follow the steps as specified.

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