Punjab & Sind Bank: Ho - HRD@PSB - Co.in Ho - HRD@PSB - Co.in
Punjab & Sind Bank: Ho - HRD@PSB - Co.in Ho - HRD@PSB - Co.in
Punjab & Sind Bank: Ho - HRD@PSB - Co.in Ho - HRD@PSB - Co.in
Bank invites applications from Indian Citizens for the aforesaid posts.
Before applying, candidates are advised to ensure that they fulfill the stipulated eligibility
criteria.
IMPORTANT DATES:
Commencement of date of on-line application 21.07.2018
Last Date of online application 09.08.2018
Last Date for receipt of hard copy of online application
with enclosures. (Only for Posts from Serial No. 1 to 19.08.2018
Serial No. 7)
Date of Further Process Will be informed separately.
a) The above number of vacancies are provisional and may vary according to actual requirement of the
Bank, subject to availability of suitable candidates.
b) The selected candidates may be posted anywhere in India, depending on the requirement of the Bank.
c) Bank will consider the eligibility of candidates based on their suitability and experience in the
respective field.
Nationality / Citizenship:
A candidate must be either (i) a Citizen of India or (ii) a subject of Nepal or (iii) a subject of
Bhutan or (iv) a Tibetan Refugee who came over to India before 1st Jan. 1962 with the
intention of permanently settling in India or (v) 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 favour a
certificate of eligibility has been issued by the Govt. of India. A candidate in whose case a
certificate of eligibility is necessary may be admitted to the interview but on final selection
the offer of appointment may be given only after the necessary eligibility certificate has been
issued to him / her by the Government of India.
ii. Qualification:
a. Essential: First class Graduate in Electronics/I.T Engineering/I.T Systems
Engineering/ Computer Science /MCA from a Govt. recognized University /
Institute in India.
b. Desirable: Post-Graduation or higher qualifications in areas relevant to the
role will be given preference.
c. Graduation and Post-Graduation must be full time and regular
iii. Experience:
In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and
have at least 15 years of experience in Banking Operations, out of which 10
years’ experience in the field of Information Technology of which at least 3
years’ combined experience as Scale IV and Scale V, with minimum 1 year
experience in Scale V i.e. AGM is mandatory.
OR
Other than PSBs: A minimum of 20 years of experience in the field of IT
business / industry. Extensive experience in managing IT infrastructure and
operations at a senior level as well as demonstrated capabilities in project
management and proven ability to lead large teams is essential.
ii. Qualification:
a. Essential: A qualified Chartered Accountant / Cost Accountant / MBA
(Finance) from a Govt. recognized University / Institute in India.
b. Graduation and Post-Graduation must be full time and regular
iii. Experience:
In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and
have at least 15 years of experience in Banking Operations, out of which
atleast 5 years’ experience in the field of Accounts. Out of that atleast 3
years’ combined experience as Scale IV and Scale V, with minimum 1 year
experience in Scale V i.e. AGM is mandatory.
OR
Other than PSBs: Minimum of 15 years in overseeing financial operations
in domestic / foreign Banks/ FIs / reputable financial companies / financial
services organizations / reputed public or private corporate post acquiring
Chartered Accountant / Cost Accountant / MBA (Finance) qualification of
which a minimum of 5 years should be as a full time Chief Financial Officer
or Deputy to Chief Financial Officer or an equivalent position in a regular
capacity and not in a contractual / adhoc capacity.
The equivalence of the post held by a candidate to that of similar post at the
Bank will be decided internally. The Bank's decision in this regard will be
final and binding on the applicants.
ii. Qualification:
a. Essential: A Post Graduate in Applied Statistics/ Statistics/ Economics/
MBA (Finance) from a Govt. recognized University / Institute in India.
b. Desirable: Preference shall be given to additional professional
qualifications like FRM/CFA/CA/ICWA.
c. Graduation and Post-Graduation must be full time and regular
iii. Experience:
In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and
have at least 15 years of experience in Banking Operations out of which at
least 5 years in Risk management department, of which at least 3 years’
OR
Other than PSBs: A Minimum 20 years of experience with a Bank (India
or Abroad) / Financial Institution of which minimum 5 years with
substantial exposure to Credit Risk, Market Risk, Operational Risk &
Regulatory Risk. Exposure to Analytics, Reputational Risk, Information
Security Risk and Enterprise Risk will be added advantage.
The equivalence of the post held by a candidate to that of similar post at the
Bank will be decided internally. The Bank's decision in this regard will be
final and binding on the applicants.
ii. Qualification:
a. Essential: Chartered Accountant / ICWA/ First class Post Graduate in
Statistics/ Applied Statistics/ Economics from a Govt. recognized
University / Institute in India.
b. Graduation and Post-Graduation must be full time and regular
iii. Experience:
In PSBs: Candidate must be in Scale V (AGM) in a Public Sector Bank and
have at least 15 years of experience in Banking Operations, out of which at
least 5 years’ experience in the field of Credit. Out of this at least 3 years’
combined experience as Scale IV and Scale V, with minimum 1 year
experience in Scale V i.e. AGM is mandatory.
OR
Other than PSBs: A Minimum 15 years of experience in Banking
Operations of Financial Services Industry, out of which at least 10 years’
experience in Credit Department.
The equivalence of the post held by a candidate to that of similar post at the
Bank will be decided internally. The Bank's decision in this regard will be
final and binding on the applicants.
ii. Qualification:
a. Essential: Degree in Law (3 years/ 5 years) from a Govt. recognized
University / Institute in India. Post Graduate degree in Law will be
preferable.
b. Graduation and Post-Graduation must be full time and regular
iii. Experience:
PSB/Lateral – 2018-19 Page 4 of 12
In PSBs: Candidate must be enrolled as Advocate with Bar Council and
must be in Scale IV (CM) and have at least 10 years of experience as Law
Officer in Public Sector Bank in the Legal Department out of which at least
3 years’ combined experience as Scale III and Scale IV, with minimum
experience of 1 year is mandatory in Scale IV i.e. as CM. The experience in
PSB should be after enrolment as advocate with Bar Council.
OR
Other than PSBs: Candidate must be enrolled as Advocate with Bar
Council. He/ She must be CM or AGM or equivalent and must have at least
12 years of experience as Law Officer in the Legal Department of
Scheduled Commercial Bank. The experience should be after enrolment as
advocate with Bar Council.
The equivalence of the post held by a candidate to that of similar post at the
Bank will be decided internally. The Bank's decision in this regard will be
final and binding on the applicants.
ii. Qualification:
a. Essential: Post-Graduation in HR/IR/Personnel Management with
minimum 55% marks with specialization in Labour Laws and/or industrial
relations from a Govt. recognized University / Institute in India. End to end
Knowledge of Industrial and Labour Laws.
b. Graduation and Post-Graduation must be full time and regular
iii. Experience:
In PSBs: Candidate must be in Scale IV (CM) (preferably Specialist in HR)
in a Public Sector Bank and have at least 10 years’ experience in HRD
department of which at least 3 years’ combined experience as Scale III and
Scale IV, with minimum experience of 1 year is mandatory in Scale IV i.e.
as CM.
OR
Other than PSBs: Minimum 10 years’ experience in HR Department of a
reputed Scheduled Commercial Bank/ Financial Institution of which at
least 5 years’ experience in industrial relations and union dealings at a
sufficiently middle management position.
The equivalence of the post held by a candidate to that of similar post at the
Bank will be decided internally. The Bank's decision in this regard will be
final and binding on the applicants.
ii. Qualification:
iii. Experience:
In PSBs: Candidate must be in MMG Scale-III in a Public Sector Bank
with 3 years’ recent experience in Economic Research Cell/ Department
OR
Other than PSBs: Minimum 5 to 7 years’ experience as Economist/
Economic Analyst with Financial Institutions/ Banks/ Industry Chambers /
Rating Agencies. Experience with industry chamber and analytics firm will
be an added advantage.
The equivalence of the post held by a candidate to that of similar post at the
Bank will be decided internally. The Bank's decision in this regard will be
final and binding on the applicants.
ii. Qualification:
a. Essential: Degree in Law (3 years/ 5 years) from a reputed Govt.
recognized University / Institute in India.
b. Desirable: Post Graduate degree in Law will be preferable.
c. Graduation and Post-Graduation must be full time and regular
Notes:
i) Educational Qualifications: Educational Qualifications prescribed for the post are the
minimum. Candidates must possess these qualifications and attach proof thereof, i.e.,
self-attested scanned images in support of essential and desirable qualifications as stated
above along with the Application Form. Degrees obtained from the recognized
Universities/Institutes recognized by the Govt. of India only will be considered.
ii) Eligibility: In the notified post(s), eligibility and Post Qualification Work Experience are
essential; it should be full time, relevant to the post applied for and should be post-
qualification. The Experience Certificate must clearly indicate the type of work
undertaken in the relevant area.
The candidates shall be appointed on regular basis and their emoluments are as below:-.
a. DGM – TEGS-VI:- Scale of Pay is Rs. 68680 -1960/4 – 76520
b. AGM – SMGS –V :- Scale of Pay is Rs. 59170 -1650/2 – 62470 – 1800/2 – 66070
c. Chief Manager – SMGS-IV:- Scale of Pay is Rs. 50030-1460/4-55870-1650/2-59170
d. Manager – MMGS II:- Scale of Pay is Rs. 31705-1145/1-32850-1310/10-45950
DA, HRA /Leased Accommodation (if applicable, as per Scale and location in line with Bank’s
prescribed norms), CCA will be paid as per rules in force from time to time and depending upon
the place of posting. Medical, LTC, Terminal Benefits and other perquisites will be as per
prevailing rules.
4. PROBATION PERIOD
For posts at Serial No. 1 to 7: The selected candidate shall be on probation for a period of six
months, which can be extended by further period not exceeding one year, depending upon the
performance of the candidate.
For Manager (Law): The selected candidate shall be on probation for a period of one year,
which can be extended by further period not exceeding one year, depending upon the
performance of the candidate.
5. SERVICE BOND
The above service bond shall have to be accompanied with an undertaking to serve the Bank for
a minimum period of 2 years from the date of joining the Bank. Candidates will also have to
furnish one surety of equal amount, acceptable to the Bank in the specified proforma before
joining the Bank on his/ her selection for rendering service for a minimum period of 2 years from
the date of joining the Bank. In the event of their resignation from the post before the end of the
specified period, they will have to pay the Bond amount, as applicable, to the Bank.
6. SELECTION PROCEDURE
Bank reserves the right to shortlist requisite number of candidates based on the experience
and suitability of the candidates, as decided by the Bank and only those shortlisted
candidates will be called for further selection process as decided by the Bank.
The Group Discussion and /or Personal Interview venue, time & date will be informed to the
shortlisted candidates in the respective call letter and candidates have to attend the same at their
own cost. The call letters will be sent by email only. The group discussion/ interviews will be
conducted at Head Office of the Bank at New Delhi.
Final selection will be made on the basis of marks obtained by the candidates in the entire
selection process and will be according to the merit ranking.
Candidates have the option of making the payment of requisite fees/ intimation charges
through the ONLINE mode only.
Bank Transaction charges for online payment of application fee /intimation fee will have
to be borne by the candidate.
Cash, Cheques, Money Orders, Postal Stamps etc. will NOT BE ACCEPTED.
Application once made will not be allowed to be withdrawn and the Fees once paid will
NOT be refunded on any account nor can it be held in reserve for any other examination
or selection. Candidates should ensure that he/she fulfils the eligibility and other norms
mentioned in this advertisement before applying.
Payment of fees/ intimation charges through the ONLINE MODE may be done from
21.07.2018 to 09.08.2018 and no other mode of payment is acceptable.
A candidate shall have to apply separately for each post.
Submission of more than one application by any candidate for the same post will render
him/her ineligible and in such case all the applications submitted by the said candidate
will be rejected and application fee forfeited.
8. HOW TO APPLY
Eligible candidate has to apply online through the Bank’s website (www.psbindia.com) only.
No other means/ mode of application are acceptable.
d) Self-attested copies of the following documents are to be submitted along with printout of
Application Form (ONLY FOR POSTS FROM SERIAL NO. 1 TO SERIAL NO. 7):-
Self-attested Printout of Application Form.
Annexure I (Mandatory)
A recent recognizable passport size colour photograph should be firmly pasted /
uploaded on the application, (if pasted, should be signed across by the candidate).
NOC from the existing employer if employed with any public sector bank/Govt.
Organization.
Self-attested copy of School leaving certificate in support of Date of Birth
Self-attested copies of certificates and testimonials in proof of Educational
Qualification from SSC/SSLC/X STD, PUC/10+2/Intermediate, Graduation and other
qualifications.
Appropriate document (s) in support of desirable experience.
Any other relevant documents.
Name of the post applied for be written on the cover in bold letters. Applications received
after due date (for whatsoever reason) shall not be entertained.
(i) Bank reserves its right to change / add / cancel the selection process & re-schedule at its
discretion, under unforeseen circumstances, if any. Change, if any, will be announced on
our Bank’s website or by email. Bank reserves the right to cancel the entire process
without giving any reason/notice/intimation /refund of application fee and Intimation
charges and such decision of the Bank will not be notified or intimated to the candidates
individually.
(ii) The Bank takes no responsibility for any delay in receipt or non-receipt of any application
or communication. Hence, candidates are requested to check their email and Bank’s
website regularly, to keep track of the process. The Bank is not responsible for any postal
delay or technical reasons.
(iii) Before applying for the post, the candidate should ensure that he /she fulfils the
eligibility criteria and other norms specified in this advertisement. It is for the
candidate to ensure that he / she has met with the eligibility criteria and complied with the
requirements and adhered to the instructions contained in this advertisement as well as
the application form. Candidates are therefore urged to carefully read the advertisement
and complete the application form and submit the same as per instructions given in this
regard. Their candidature at all the stages of recruitment process will be purely
provisional subject to satisfying prescribed eligibility criteria mentioned in this
advertisement.
(iv) Decision of Bank in all matters regarding eligibility of the candidate, the stages at which
such scrutiny of eligibility is to be undertaken, the documents to be produced for the
purpose of the conduct of Interview, selection and any other matter relating to
recruitment will be final and binding on the candidate. The Bank in this regard shall
entertain no correspondence or personal enquiries.
(v) 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
shortcomings is/are detected even after appointment, his/her services are liable to be
terminated.
(vi) Candidates will have to produce original of all Educational Qualification Certificates and
Mark Sheets, Experience Certificate(s), at the time of interview, failing which his/her
candidature may be cancelled. Candidates will not be allowed to participate Interview
without production of the original documents.
(vii) Candidates belonging to OBC category but coming under creamy layer and/ or if
their caste does not find place in the Central List are not entitled to OBC reservation.
They should indicate their category as General in the online application form.
(viii) Date of birth as per Secondary School Certificate (SSC)/School leaving certificate and
age as on (as on 30.04.2018 for posts at Serial No. 1 to 7 and 30.06.2018 for Manager
Law) should be mentioned in the application form.
(ix) An application form printout which is not self-attested or not accompanied by self-
attested photocopies of relevant certificates or the requisite fee not being paid or
accompanying documents not self-attested by the candidate or not bearing the
candidate's coloured photograph pasted firmly/ displayed at the specified place or
incomplete in any respect, will not be entertained.
(x) One recent, recognizable coloured Passport size photograph should be firmly pasted/
uploaded on the application at the appropriate place and should be signed across by the
candidate after pasting/ on printing. Five copies of the same photograph should be
brought by the candidate for use at the time of interview.
PSB/Lateral – 2018-19 Page 10 of 12
(xi) Only candidates willing to serve anywhere in India should apply.
(xii) No request for change of address/ email id/ phone number will be entertained.
(xiii) Any resultant dispute arising out of this advertisement shall be subject to the sole
jurisdiction of the Courts situated at Delhi.
(xiv) The Bank takes no responsibility for any certificate/remittance sent separately.
(xv) In case any dispute arises on account of interpretation in version other than English, the
English version will prevail.
(xvi) Only those candidates who are short-listed for appearing for the further process will be
intimated through e-mail. The list of candidates who will be finally shortlisted for
appointment in the Bank will also be intimated at the communication address furnished
by them in the Application Form and the said list will be hosted on the Bank’s Website,
www.psbindia.com.
(xvii)Appointment of shortlisted candidates will be subject to his/her being declared medically
fit as per the requirement of the Bank. Such appointment will also be subject to the
Service Regulations & Conduct Rules of the Bank.
(xviii) Selected candidates will be required to produce a valid discharge certificate/
relieving letter from their present employer before joining the service. Candidates serving
in Government/ Public Sector Undertakings including Banks are required to produce a
“No Objection Certificate” from their employer at the time of interview, failing which
their candidature shall not be considered.
(xix) CANVASSING IN ANY FORM WILL BE A DISQUALIFICATION.
Action Against Candidates Found Guilty of Misconduct: Candidates are advised in
their own interest that they should not furnish any particulars that are false, tampered,
fabricated and should not suppress any material information while submitting application.
If a candidate is (or has been) found guilty of –
a. using unfair means during the Interview or subsequent selection procedure or
b. impersonating or procuring impersonation by any person or resorting to any irregular
or improper means in connection with his/ her candidature for selection or
c. obtaining support for his/ her candidature by unfair means, such a candidate may, in
addition to rendering himself/ herself liable to criminal prosecution, be liable:
To be disqualified from the Interview for which he/ she is a candidate.
To be debarred either permanently or for a specified period from any examination
or recruitment conducted by Punjab and Sind Bank.
For termination of service, if he/ she has already joined the Bank.
The printout of Application Form with enclosures SHOULD REACH the above mentioned
address (as mentioned in Point 8(d) above) ON OR BEFORE 19.08.2018.
Signature of Candidate
PSB/Lateral – 2018-19 Page 12 of 12