Organisation : Maharashtra State Cooperative Bank Ltd;
Post Name : Recruitment for Managing Director in 2017
Notification & Application Form : http://www.indianjobtalks.com/uploads/77153-Bank.pdf
Home Page : https://www.mscbank.com/Careers.aspx

Managing Director Recruitment :
Before applying, candidates should ensure that they fulfill the eligibility criteria for the post advertised in the Maharashtra State Cooperative Bank Ltd (MSC Bank).

The MSC Bank would conduct interviews of the only eligible candidates applying for this post on the basis of the information furnished in the application and shall determine their eligibility only at the final stage i.e. interview stage.

If at that stage, it is found that any information furnished in the application is false/ incorrect or if according to the Bank, the candidate does not satisfy the eligibility criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear for interview.

Important Dates:
Opening date for application 5th October 2017
Last date for receipt of application 31st October 2017

Designation: Managing Director
No. of Post: One

Job Profile:
A. The Managing Director is the Chief Executive Officer of the Bank. He shall be an ex-officio director of the Board and functions under the supervision of the Board of Directors.
B. He represents the various committees under the provisions of byelaws and The Maharashtra State Cooperative Bank Ltd; and the chairperson be vested in him.

C. Accept money at call as Deposit, Keep the surplus with any other institution, endorse and transfer promissory note, debenture, security and documents of title to goods standing in the name of or held by the Bank and to draw, accepts and endorse bills of exchange, and to sign all deposits receipts and all other receipts and all accounts and other documents connected with the business of the bank.

D. Sanction housing loan through individuals and Cooperative societies in accordance with the policy approved by the Board of Directors (BoD) and terms and the conditions as the BoD may from time to time prescribed; and further authorize the DGM / Manager of ROs to complete the documentation for the purpose and to disburse the housing loans so sanctioned by the MD.

E. Within the policy approved by the BoD as on the terms and conditions as approved by the BoD, sanction and disburse short term Pre-seasonal loans to Sugar factories, working capital limit to sugar factories, spinning mills, Agro processing unit etc., renewal of cash credit limits to salary earner societies, urban Cooperative banks, refinance to DCCBs for their loans to salary earners societies, re-pledge finance to DCCBs against stocks of Sugar pledge with DCCBs by sugar factories, renewal of bank guarantee and LC limits renewal of pre-shipment and post-shipment limit.

F. Attend to the communication from registrar seeking views of Bank as federal societies.
G. Procure goods and services required for operation of Bank up to a limit of Rs.1.00 lacs or such higher amount as may be fixed by the BoD from time to time on each occasion after following view procedure and within approved budget outlays.
H. Promote employees / officers depending on vacancies from out of the approved select list, confirm employees, release annual increment etc.
I. To suspend or otherwise punish for the management the business of the Bank, in officer, clerk or any other employee of the Bank or to proceed against any officer clerk or any other employee of the Bank on account of Disciplinary act.
J. Exercise the powers delegated to him or them conform to all such regulations as may be prescribed by the board.

Qualifications:
1. The Educational qualifications of the candidate will be as under:
a) Graduate in any discipline
b) Chartered Accountant
c) Cost Accountant
2. Preference will be given having following additional qualification/experience.
a) CAIIB
b) GDC&A/Diploma in Cooperative Banking
c) Diploma in Cooperative Business Management
d) IT experience in Banking
e) Knowledge/working in Banking
f) Experience in Cooperative Management

Experience:
i. Minimum 15 years’ experience in banking with 8 year experience in senior/Middle Management of the Bank (Bank:- Commercial Bank, Private Bank, Foreign Bank, Regional Rural Bank, State Cooperative Bank, Urban Cooperative Bank, District Central Cooperative Bank, RBI, NABARD, SIDBI, Small Finance Bank)
ii. Good communication skills – oral and written, good management skills.
iii. Knowledge in Marathi is essential

Age (As on 01/09/2017): Between 40 and 55 years. No relaxation to any category.

Selection Procedure: Selection will be through interview only. A preliminary screening of the applications by Screening Committee will be carried out for making, a short-list of eligible candidates to be called for the interview.