SIDBI Jobs 2019: 01 Deputy Managing Director Vacancy for Any Graduate published on 3rd June 2019

On 28/05/2019, SIDBI announced Job notification to hire candidates who completed Any Graduate for the position of Deputy Managing Director.
Vacancy 1 Deputy Managing Director
Qualification Any Graduate
Vacancies 01 Post
Salary Rs. 1,76,800 - Rs. 2,24,000/-Per Month
Experience 18 - 25 years
Job Location New Delhi
Last Date to Apply 27/06/2019
Other Qualification Details:

The post of Deputy Managing Director (MD), SIDBI is proposed to be filled. Applications are invited from eligible candidates fulfilling the following terms & conditions

2. Education Qualifications : Candidate should have a post graduate University Degree preferably in Economics, Commerce, Business Administration or Finance or a Graduate degree with professional qualification of Chartered Accountancy, Cost Accountancy, Chartered Financial Analyst or equivalent. Any additional qualification with specialization in the field of SME sector will be considered desirable.

3. Experience : Minimum 18 years of experience as on the last date of receipt of applications in different verticals/domains in Scheduled Commercial Banks (SCBs)/ Financial Institutions (Fp/Public Sector Organisations in Financial Sector including 2 years of operational experience preferably in Credit Appraisal/Micro Credit/SME Lending. Of these 18 years, at least 2 years of experience should be at the highest level below the Board level. (The position as specified above should have been held on substantive basis)

4. Other Requirements:- The candidate should have:- Experience of institutional development in the financial, banking and services sector. Proven management, leadership and innovative skills to building an inspired team. 3.2.3 Adequate knowledge and experience in Re-finance, Corporate Finance, Treasury Operations, Resource Mobilization, Risk Management, Information Technology etc. Excellent communication skills.

5. Criteria of deputation for Govt.Officers :

a. All India Service officers / Central Services Group 'A' officers serving at the level of Director/Director Equivalent to Government of India or above with a minimum of 15 years experience of which 2 years experience as Director/Deputy Secretary to the Govt. of India is mandatory in the field of Finance or SME Lending, Industrial Development or Public Enterprise management ; Or

b. State Government Officers serving at an equivalent lo.vel with a minimum of 15 years experience of which 2 years mandatory experience in the field of Finance, or SME Lending, Industrial Development or Public Enterprise management shall be eligible to apply on deputation basis. Experience shall be reckoned as on last date of receipt Of applications in both the above cases.

6. Duration Of Assignment The assignment shall be for a period of three years and may be extended by upto two years based on performance provided that no person shall hold the office of DMD, SIDBI after attaining the age of 60 years. For All India Service officers/ Central Services Group 'A' officers, extant guidelines on deputation tenure shall apply.

7. Salary & Allowance The post of DMD, SIDBI carries the payscale of Rs.176, 800 - 224000 - [Level 14 A] plus all usual allowances and perquisites as allowed to Whole Time Directors of Public Sector Banks / Financial Institutions.


Age: 55 years


i) Application in the prescribed proforma 
ii) Certified copies of up-to date and cornplete Annual Performance Appraisal Reports (APAR/CR Dossier) of last five years.
iii) Integrity Certificate.
iv) Vigilance clearance including certification that no disciplinary proceedings/criminal proceedings are either pending or contemplated against the applicant.
V) List of minor/major penalty, if any, imposed on the applicant during the last 10 years.
vi) A brief write up on the significant contributions made by the applicant during his/her present]past assignments and his/her suitability for the post.


Smt. Neha Chauhan, Deputy Director (IF-II), Department of Financial Services, Ministry of Finance, 3rd Floor, Jeevan Deep Building, Parliament Street, New Delhi - 110001

Selection Procedure

Selection Will be Based either Written Exam/Interview

How to Apply

Applications along with the above documents should be forwarded through proper channel to Smt. Neha Chauhan, Deputy Director (IF-II), Department of Financial Services, Ministry of Finance, 3rd Floor, Jeevan Deep Building, Parliament Street, New Delhi - 110001 (email: latest by 27th June, 2019. Applicants may send an advance copy to the above address.
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