MSC Bank Recruitment - Treasury Specialized Officers

MSC Bank Recruitment Of Treasury Specialized Officers In The Maharashtra State Cooperative Bank Ltd., Mumbai.

Time Frame

  • MSC Bank Website link open : 17.03.2022
  • Start date for On-line Registration of Application : 17.03.2022
  • Last date to apply online and payment of Application fees : 31.03.2022
  • Downloading of call letter for On-line test from MSC Bank website: 10 days before the date of exam.
  • Online test: Tentatively in first week of May 2022.

Please note that-

  • 1. A candidate shall apply for only one post.
  • 2. The process of Registration of application will be considered as completed only when application fee is deposited with the MSC Bank through On-line mode only.
  • 3. Before applying, candidates are requested to ensure that they fulfill the eligibility criteria for the post as on the date of application. Admission to MSC Bank Recruitment On-line test will be purely provisional without verification of documents. Candidature will be subject to verification of details/documents when the candidate reports for interview.
  • 4. Candidates are advised to check MSC Bank's website https://www.mscbank.com/careers regularly for details and updates.

The Maharashtra State Co-operative Bank Ltd., (MSC Bank) Mumbai, a scheduled Bank is the leading Apex Cooperative Bank in Maharashtra State, established in 1911. The MSC Bank is operating through its Head Office at Mumbai, 6 Regional Offices and 57 Branches in Maharashtra. The Bank invites On-line applications from residents of Maharashtra State only for the Post of Officer Grade II and Junior Officer (Specialized Officers) in the Treasury Department of the Bank.

Candidates fulfilling prescribed eligibility criteria are requested to apply On-line through the MSC Bank's website https://www.mscbank.com/careers on or before the timeline indicated.

The details of the designation, no. of posts, vacancies, educational qualification, experience, age etc. are described as under:

Sr.

No.

Post

No. of

Posts

Educational

Qualification

as on 28.02.2022

Experience as on

28.02.2022

Minimum -Maximum Age as on 28.02.2022

1

Treasury Domestic Dealer

(Officer Grade II)

04

Graduate/ Post graduate degree with specialization in Finance/ Mathematics/Statistics from a University/Institution/Board recognized by Government.

Preference:

  • Preference will be given to candidates having professional qualifications like MBA / PG Diploma in Business Management with specialization in Finance / International Business / Trade Finance from university / Institution / Board recognized by Government.
  • Candidates having literacy in Computer operations and Word Processing /Computing skills.
  • JAIIB / CAIIB with specialization in Treasury management.
  • Certificate/Diploma course in Treasury Management conducted by IIBF.
  • Bourse Course conducted by NIBM or any other reputed organization.
  • Hands on experience on CCIL's NDS OM Dealing platforms.

Work experience in Officer cadre in Front Office of a Treasury for a minimum period of 2-5 years immediately preceding the cut-off date of application as per this notification is mandatory

23-35

2

Treasury Forex Dealer

(Officer Grade II)

01

Graduate/ Post graduate degree with specialization in Finance/ Mathematics/Statistics from a University/Institution/Board recognized by Government.

Preference:

  • Preference will be given to candidates having professional qualifications like MBA / PG Diploma in Business Management with specialization in Finance / International Business / Trade Finance from university / Institution / Board recognized by Government.
  • JAIIB/CAIIB with specialization in Treasury Management.
  • Certificate course in foreign exchange conducted by IIBF /FIMMDA.
  • Bourse Course conducted by NIBM.
  • 7 day's workshop conducted by FEDAI
  • Hands on experience on Electronic Trading Platform provided by CCIL, Thompson Reuters and various Banks etc.

Work experience in Forex Treasury for a minimum period of two years immediately preceding the cut –off date of application as per this notification is mandatory.

23-35

3

Treasury Mid Office/Back Office

(Junior Officer)

03

Graduate/ Post graduate degree in any discipline from a University/ Institution/ Board recognized by Government.

Preference:

  • Preference will be given to candidates having literacy in Computer operations and Word Processing /Computing skills.
  • JAIIB .
  • Certificate course in Treasury management conducted by IIBF.

Work experience in Officer Cadre in Bank up to two years immediately preceding the cut –off date of application as per this notification is mandatory.

23-35

MSC Bank Recruitment post wise eligible age criteria-

Sr. No.

Posts

Minimum -Maximum age

Candidates should have been born not

later than

Candidates should have been born not

earlier than

1

Domestic Dealer

(Officer Grade II)

23-35

28.02.1999

28.02.1987

2

Forex Dealer

(Officer Grade II)

23-35

28.02.1999

28.02.1987

3

Mid Office/Back Office

(Junior Officer)

23-35

28.02.1999

28.02.1987

MSC Bank Recruitment post wise key skills-

1 ) - Domestic Dealer (Officer Grade II)

Key Skills

  • Good expertise in Domestic trading activities.
  • Knowledge in Technical & Fundamental Analysis.
  • Analytical capabilities in Macroeconomic Fundamentals.
  • Should be able to undertake trading operations, identify profitable opportunities for long term.

2 ) Forex Dealer (Officer Grade II)

Key Skills

  • Good expertise in Forex Trading Activities.
  • Knowledge in Technical & Fundamental Analysis.
  • Analytical capabilities in Macroeconomic Fundamentals.

3) Mid Office/Back Office (Junior Officer)

Key Skills

  • Adequate knowledge of accounting, valuation, regulatory requirements etc. is also required.
  • Should be able to identify and mitigate risk associated with Treasury Department.

Kindly Note:-

1. Candidates should be permanent domiciled resident of Maharashtra State.

2. The qualification (Graduate / Post Graduate) shall be from a recognized university with minimum 60% marks in aggregate for candidates. Candidates should indicate the percentage obtained in Graduation/Post graduation calculated to the nearest two decimals in the application. Where CGPA is awarded, the same should be converted into percentage and indicated in the application. If called for interview, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating the norms of the University regarding conversion of grade into percentage and the percentage of marks scored by the candidates in terms of these norms.

3. The education qualification & work experience prescribed for the post is the minimum. Candidates possessing the higher education / having work experience for more than the prescribed years in the relevant, discipline shall get preference.

4. Candidate must be in good physical and mental health, free from any disease likely to interfere with the efficient performance of duties.

5. Knowledge of Marathi language (Written, Spoken and Reading) is essential.

Emoluments, Compensation and Service conditions:

MSC Bank Recruitment - Salary and perquisites as admissible to the corresponding grade etc. as per Bank's rules and service condition in force time to time. The officials will be eligible for DA, VDA, CCA, PF the approximately gross salary per month would be Rs.60,000/- for the post of Domestic Dealer and Forex Dealer .For the post of Back Office/Mid Office Junior Officer gross salary would be Rs. 45,000/- per month respectively. In addition, eligible perks / facilities as per Bank's policies will also be available after confirmation in respective grades.

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