Public sector lenders State Bank of India (SBI) and Bank of Baroda (BoB) are looking outside their ranks to hire nearly 500 people for specialist roles, ranging from information technology to managing the small business segment.
While SBI will hire 477 candidates for information technology roles, Bank of Baroda will hire 15 sector specialists to market its MSME products, two separate newspaper advertisements on Tuesday showed. According to the SBI, the proposed lateral hires are in the grades of assistant manager, deputy manager, manager and chief manager. These include developer, database administrator, cloud administrator, infrastructure engineer, IT security expert, cyber security – threat hunting and cyber security – and digital forensic, among others.
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Of the 477 vacancies in SBI, 248 are for candidates belonging to the general category, while the rest are reserved. The highest number of vacancies is for developers (181), followed by IT security expert (94) and 47 system or server administrator. At present, SBI hires a mix of probationary officers, junior associates, lateral hires and management trainees.
According to the bank’s website, lateral hires typically include chartered accountants, analysts, statisticians, risk raters, economists, lawyers, engineers and system engineers.