SBI SO Recruitment 2023 for Data Analyst/Business Analyst

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SBI SO Recruitment 2023: The State Bank of India has announced notification for Data Analysts and business Analysts under Specialist Cadre Officers on a Contractual Basis. There are 05 vacancies available for the posts mentioned above. Candidates with B.E./B.Tech/MCA/M.Sc/MS/MBA/PGDM can apply for the jobs. Interested and eligible candidates can apply for the job online. The detailed eligibility and selection process are explained below.

SBI: It is an Indian multinational, public sector banking and financial service statutory body. SBI is a government corporation statutory body. Its headquarters are in Mumbai and Maharashtra. It is ranked 216th in the Fortune Global 500 list of the world’s biggest corporations of 2018. It has over 24000 branches in India. SBI was the 50th most trusted brand in India as per the Brand Trust Report 2013.

Table of Contents

SBI SO Recruitment 2023:

SBI SO Recruitment 2023 for Data Analyst:

Job Role	Data Analyst
Qualification	B.E./B.Tech/MCA/M.Sc/MS
Total Vacancies	04 Posts
Experience	2-3 Years
Salary	Rs. 20 lacs-Rs. 25 lacs
Job Location	Jaipur
Last Date	27 November 2023

Detailed Eligibility:

Educational Qualification:

Essentials:

B.E./B.Tech. in Computer Science/Information Technology/Electronics/Electronics and Communication/MCA/M.Sc. in Statistics/MS in Data Science/equivalent degree in a relevant discipline in First Division (60%) from a recognized University/Institute.
Certification in Data Science is desirable if the primary qualification is not in Data Science.

Experience:

Minimum three years in Bank/ PSU/ Corporate in Data Analytics, or Data Science, advanced statistics, SPSS/data interpretation using statistical software such as R/ Python/ SQL/ etc.
Basic knowledge of MS Office is compulsory. Knowledge of Power BI/Power Query/Tables in advantageous XML in a+ point will be preferred.
Experience and demonstrated skill in Data analysis/interpretation using statistical software.
2-3 years working experience in R & Python is preferred.

Specific Skills:

Knowledge of R and Python languages.
Exceptional oral and written communication skills.
Capacity to identify problems using data modelling techniques.
Knowledge of Artificial Intelligence and Machine Learning.
Understanding of storage architectures such as Data Warehouse, Data Lake and Lake houses
Understanding of Time series forecasting Batch/Real-Time analytics and model deployment.
Experience in Relational Databases or any NoSQL databases including Graph databases.

Desired Skills:

Experience in data mining with knowledge in Applied Statistics and productive analysis.
Experience in Fraud Analysis.
Experience in Payment Systems Frauds/Cyber Security.

Job Profile:

Data analysis and framing/modifying Business Rules for Transaction Monitoring.
Test the efficacy of the business rules vis-à-vis disputed transactions.
Designing & implementing models for fine-tuning the existing Business Rules.
Perform analytical studies for each digital channel.
Perform comparative studies of digital product features and digital product vulnerabilities in the backdrop of
disputed transactions/reported frauds.
Monthly study reports give analytical insights into the performance of the PRM system and transaction data.
Analyze the latest fraud trends and modus operandi adopted by fraudsters across the industry.
Identify system-related deficiencies and their upgradations to ensure the efficiency of the PRM Cell.
Translate business requirements into technical specifications.
Provide quick actionable through data management using analytical tools.
Design fraud prevention mechanisms based on actual frauds/industry trends.
Designing, creating and implementing predictive models for analyzing trends from the historical, transactional,
structured and unstructured data to identify risks and opportunities better.
Liaise and network with industry participants to keep abreast of best practices and to introduce the same into the PRM system.
Model development.

Duration: The initial contract period is 3 Years, which may, at the discretion of the Bank, be renewed for one more year (the total contract period will not exceed four years).

Age Limit ( As on 01 August 2023): 25- 35 Years

Salary: Rs. 20 lacs-Rs. 25 lacs/-

No.of.Vacancies: 04 Posts

OBC: 01 Post
UR: 03 Posts

Selection Process:

The selection of candidates will be based on Short-listing and Interactions/Interviews.

Shortlisting:

Mere fulfilling minimum qualifications and experience will not vest any right in the candidate to be called for an interview.
The shortlisting committee constituted by the Bank will decide the shortlisting parameters and thereafter, an adequate number of candidates, as decided by the Bank, will be shortlisted for interview.
The shortlisted candidates will be called for an interview.

Interview:

The interview will carry 100 marks.
The Bank will decide the qualifying marks in the interview. No correspondence will be entertained in this regard.

Merit list:

Merit list for selection will be prepared in descending order based on scores obtained in interview only.
In case more than one candidate scores the cut-off marks (common marks at the cut-off point), such candidates will be ranked according to their age in descending order in the merit list.

Application Fees:

Rs 750/- for General/EWS/OBC candidates.
No fees for SC/ ST/ PwBD candidates.

How to apply for SBI SO Recruitment 2023?

Interested and eligible candidates can apply online on or before 27 November 2023.

Note: Candidates are advised to keep their e-mail ID active for receiving communication, viz. call letters/Interview dates, etc.

For more details: Click here.

To Apply: Click here.

SBI SO Recruitment 2023 for Business Analyst:

Job Role	Business Analyst
Qualification	MBA/PGDM
Total Vacancies	01 Post
Experience	0-2 Years
Salary	Rs 15- 20 lakh/-p.a
Job Location	Corporate Centre, Mumbai
Last Date	10 November 2023

Detailed Eligibility:

Educational Qualification:

Any Degree in any discipline from a recognized University/Institution, Minimum 60% of marks.

Mandatory:

MBA/Post Graduate Diploma in Management (Marketing/Finance or both) or equivalent from a recognized university/college (Institutions recognized/approved by Govt. bodies/AICTE/UGC).

Experience: Minimum 0 to 2 years of experience required.

Specific Skills: Should be capable of Scenario Analysis, Business Projections, case studies, market scanning, analysis of competitor’s strengths and weaknesses in MNC/BFSI/Corporate, etc. Equipped with Excellent Analytical and Critical thinking skills, proficiency in MS Office suite, communication, and presentation skills.

Job Profile:

To bring market perspective and related insights to the table.
Good understanding of the banking needs of various customer segments.
Maintain up-to-date information on competitor’s offerings in the Banking domain.
Carry out time-to-time SWOT analysis of Bank offerings.
Strategize and innovate to maintain a competitive edge.

Duration: The initial contract period is 3 Years, renewable for a further period of 1 year at the sole discretion of the Bank.

Age Limit ( as on 31 March 2023): 21- 27 Years

Salary: 15.00 to 20.00 Lakhs p.a

No.of.Vacancies: 01 Post

Selection Process:

The selection of candidates will be based on Short-listing and Interactions/Interviews.

Shortlisting:

Mere fulfilling minimum qualifications and experience will not vest any right in the candidate to be called for an interview.
The decision of the bank to call the candidates for the interview shall be final.
No correspondence will be entertained in this regard.

Interview:

The interview will carry 100 marks.
The Bank will decide the qualifying marks in the interview.
No correspondence will be entertained in this regard.

Merit List:

The merit list for selection will be prepared in descending order based on scores obtained in the interview only.
In case more than one candidate scores the cut-off marks (common marks at the cut-off point), such candidates will be ranked according to their age in descending order, in merit.

Application Fees: