How is life after becoming SBI SO? What major responsibilities are to be carried out by an SBI SO?

How is life after becoming SBI SO? What major responsibilities are to be carried out by an SBI SO?

We all know that the demand for the SBI jobs is quite high, and this huge craze is solely due to the exclusive salary packages and perks and benefits that they get. Thus, you can understand that the competition will be automatically high. However, just like all the other posts like PO, clerk, the significance of SO or specialist officer will be automatically high. Every year, SBI releases SBI SO recruitment for interested candidates. 

Almost 82 posts are released. These posts include manager for risk management, manager for a credit analyst, and lots more. Therefore, every aspiring candidate who are interested in this post must checkout the official website for more updates. The organization released the notification for JMGS I, MMGS II, and MMGS III post. About 283 vacancies have been rolled out for the recruitment for this year. 

Eligibility criteria 

It is necessary to keep in mind that the eligibility is mainly defined by various officials of the State Bank of India. Before you apply for the post of the SBI SO, it is necessary to meet the eligibility criteria for the recruitment process. Candidates who fail to meet the eligibility points will not be selected for the exam. Here are some of the eligibility criteria to apply for the post of SBI SO.

Age limit

When it comes to the post of the specialist officer, the age limit is different for different posts. For example, the age limit for assistant manager (systems) is a maximum 30 or less than that. Similarly, for the deputy manager (systems) post, the maximum age limit is 33 or less than that. For the post of IT security expert, technical lead, and application architect, the maximum age limit is 38 or less than that. There is an age relaxation of five years for SC, ST, and EXSM. For the OBC non-creamy layer candidates, the age limit is three years. 

Educational qualifications

Just like eligibility criteria, the educational qualifications vary depending on certain factors. Every candidate must be an engineering graduate in CS or IT for the assistant manager post. Alternatively, the candidate must be a CA or MCA in IT. The same goes for the post of the Deputy Manager, application architect. However, for the technical lead, the qualification required is engineering graduate in computer science.

Perks and allowances

The exclusive perks and benefits that the SBI SO get are no doubt amazing. However, it is important to understand that the benefits vary. Here are some of the benefits that you can enjoy.

  • For the MMGS Grade Scale III

Every official will be eligible for HRA, CCA, contributory pension fund, medical facility, LFC, etc. With time, the rules vary, and the perks might keep changing.

  • Faculty, SBIL, Kolkata

Along with the CTC, you can get other perks such as travel expenses for taxis, air (economy class) while travelling during official duties. Apart from that, you can get a deputation allowance (DA), which is almost equal to the bank’s assistant general manager. 

  • Chief Manager (special situation team) and deputy manager (stresses assets marketing)

If you get selected for this post, you will get perks and benefits like DA, HRA, CCA, PF, LFC, medical facility, contributory pension fund, etc.

  • Deputy Manager (stressed assets marketing)

For the deputy manager, you will only get CTC and a variable pay with a ratio of 80:20. Apart from that, you won’t get any other benefits.

Responsibilities of SBI SO

SBI SO job profile of an SME credit analyst, you have to work as a relationship manager. Besides, they also ensure the achievement of the satisfactory RAROC for every unit in the AMT.

If you are working as a faculty, you will be a participant in various training activities in the institutions. As a SBIL faculty, you have to ensure the smooth functioning of the workshops.

Therefore, these are some of the responsibilities of the SBI SO and various perks and benefits.