Chief Technology Officer jobs in Mumbai at SBI

Advt. No: CRPD/ SCO-CTO / 2019-20/ 05

Chief Technology Officer job Position in State Bank of India (SBI) on contract basis

No. of Vacancy : 01 (Gen)

Qualification : B.E./ B.Tech./ MCA (from a recognized University). M.Sc./ M. Tech. in CS/ IT (from a recognized University) will be an added advantage

Work Experience : i. Minimum 20 years’ experience in IT field, preferably with software development background. ii. Out of above minimum 10 years must be in senior executive level position, out of which minimum 3 years should be in banking & financial sector. Experience should be post minimum educational qualification. (Training & Teaching experience will not be counted for eligibility)

Grade : CGM [TEGSS-I (Top Executive Grade Special Scale-I)]

Remuneration:

1st year of contract: Fixed Gross + upto 10% performance based variable pay + upto 10% performance linked Increment (at end of 1st year).

2nd year of contract: New Fixed Gross + upto 10% performance based variable pay + upto 10% performance linked Increment (at end of 2nd year).

3rd year of contract: New Fixed Gross + upto 10% performance based variable pay + upto 10% performance linked Increment (at end of 3rd year).

4th year of contract: New Fixed Gross + upto 10% performance based variable pay + upto 10% performance linked Increment (at end of 4th year).

5th year of contract: New Fixed Gross + upto 10% performance based variable pay.

Age Limit : 55 years

Likely place of posting : Navi Mumbai

Selection Process : The selection will be based on shortlisting and interview. Mere fulfilling minimum qualification and experience will not vest any right in candidate for being called for interview. The Shortlisting Committee constituted by the Bank will decide the shortlisting parameters and thereafter, adequate number of candidates as decided by the Bank, will be shortlisted and called for interview. The decision of the bank to call the candidates for the interview shall be final. No correspondence will be entertained in this regard.

The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806. Three years later the bank received its charter and was re-designed as the Bank of Bengal (2 January 1809). A unique institution, it was the first joint-stock bank of British India sponsored by the Government of Bengal. The Bank of Bombay (15 April 1840) and the Bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks remained at the apex of modern banking in India till their amalgamation as the Imperial Bank of India on 27 January 1921.