State Bank of India Recruitment of Advisors for Fraud Management

Organization Name : State Bank India
State Bank of India, looking for qualified and experienced candidate for the position of Advisers for Fraud Management on contract basis.

Last date for receipt of application along with enclosures at CRPD through Post / Courier: 20.08.2016 


Post No.Post Name /Posting PlaceVacancy Total Eligibility Required As on 01.08.16Relevant Experience as on 01.08.16
AAdvisors For Fraud Management
Posting Places :
Local head Office, New Delhi, Mumbai,
Kolkata, Chennai and Hyderabad.
OBC(Non Creamy layer),
Total = 5
The candidate should be a retired IPS (Indian
Police Service) officer and should have
worked in / handled Vigilance / Economic
Offences / Cyber Crime departments.
Minimum 5 years of experience in conduct
of investigation / supervision in investigation
works during his service.

2. UPPER AGE LIMIT (as on 01.09.2016) : 
63 years Relaxation in Upper Age Limit: OBC (Non Creamy Layer) Candidates : 3 Years

The Advisor for Fraud Management will report to senior most General Manager in the Circle and would primarily interact with DGM & CFO and DGM (Vigilance) of the Circle. The detailed
roles, responsibilities and key performance Areas are mentioned as under:

Roles and Responsibilities:
• Assist the investigating officials to identify the root cause of the fraud.
• Analyse the pattern and suggest remedial measures in case of repeated frauds of a similar nature.
• Suggest ways and means of dealing with Police / CBE / EOW / Other Government investigation agencies.
• Analyse legal angle of a fraud and suggest appropriate approach.
• Assist the Bank in filing FIRs using their past connections, in case of any difficulty faced by the Bank and pursuing them further.
• Help the Bank protect its officials from unnecessary harassment by investigating agencies.
• Help in interpreting the local laws of a particular State.
• Share knowledge about new developments in fraud management.
• Liaise with the investigating agencies for expediting resolution / recovery.
• Any other work as entrusted by the Controller (senior most General Manager of the Circle) during the currency of engagement.

4. SELECTION PROCEDURE: (i) Selection will be based on personal interview.
(ii) Candidates will be short-listed for personal interview, based on their qualification, experience and overall suitability.

For selection, will be prepared in descending order on the basis of scores obtained in interview only. In case of more than one candidate score the cut off marks(common mark at cut off point) such candidates will be ranked according to their age in descending order, both in the select list as well as in the wait list.

CONTRACTUAL (Contract will be for a period of 2 years.)

7. REMUNERATION: Consolidated monthly fee of ` 50000/- and an administrative monthly expenses of ` 25000/-.

8. APPLICATION FEE (Non Refundable): ` 600/- (Rupees Six Hundred only) – Through Demand Draft / Banker’s cheque favouring “CRPD, State Bank of India” payable at Mumbai.
Application Fee once paid will NOT be refunded on any account nor can it be held in reserve for any other examination or selection.

9. How to Apply: • The application format is available on Bank’s website www.sbi.co.in/careers/
• Candidates should download the application format and complete it in all respects.
• The completed application with photograph & signature of the applicant should be sent by post / courier to the address mentioned in the application along with self attested copy of following papers.
* Proof of age (Copy of 10th standard/ 12th standard certificate or Discharge certificate showing the Date of Birth).
* Any proof of identity (Voter ID / Adhar Card / PAN Card / Driving Licence)
* OBC Certificate containing the ‘Non- Creamy Layer’ clause issued by the competent authority during the period 01-04-2016 to the date of interview. (For OBC- Non Creamy Layer applicants).
* Copy of Discharge certificate / Retirement Letter.
* Experience certificate (Service Book or any other document evidencing the required relevant experience)
* Original Demand Draft/ Banker’s Cheque of ` 600/- favouring “CRPD, State Bank of India”, payable at Mumbai towards Application Fee.
* Brief write-up / Resume as separate annexure, describing career and performance achievements in service and details of gallantry awards/medals if any with supporting documents.
* Candidates serving in Government/ Quasi-Government offices, Public Sector undertaking including Nationalized Banks and Financial Institutions will be required to submit “No Objection Certificate” from the employer at the time of interview.

10. General Instructions:* While applying for the post, the applicant should ensure that he/she fulfils the eligibility and other norms mentioned above as on the specified date and that the particulars furnished
by him/her are correct in all respects.
* In case it is detected at any stage of recruitment that a candidate does not fulfill the eligibility norms and/ or that he/she has furnished any incorrect/false information or has
suppressed any material fact (s) his/her candidature will stand cancelled. If any of these shortcoming(s) is/are detected even after appointment, his/her services are liable to be
* Candidates belonging to reserved category including Persons with disabilities for whom no reservation has been mentioned are free to apply for vacancies announced for
unreserved category and they must fulfill all the eligibility conditions applicable to unreserved category.
* Candidates should have valid e-mail ID which should be kept active during the currency of this recruitment exercise to receive call letters and other communications, if any.
* The candidates should be medically fit to move freely and undertake tours independently and should not be suffering from any major ailment(s) which may adversely impact his
performance in the Bank. Appointment of the selected candidate is subject to his/her being declared medically fit by medical officer (s) appointed/authorized by the Bank.
* The Bank takes no responsibility for any delay in receipt or loss of any communication in postal transit.
* The applicant should ensure that the application is strictly in accordance with the prescribed format and is properly and completely filled.
* Any legal proceedings in respect of any matter of claim or dispute arising out of this advertisement and/ or an application in response thereto can be instituted only in Mumbai and
courts/tribunals/forums at Mumbai only shall have sole & exclusive jurisdiction to try any case/dispute.
* Outstation candidates, who will be called for interview after shortlisting, may be reimbursed airfare (economy class) for the shortest route on the basis of actual journey. Local
transportation will not be reimbursed. A candidate, if found ineligible for the post during interviews, will not be reimbursed any fare.


Official Notification