Small Industries Development Bank of India (SIDBI) invites applications for the position of Grade A (Assistant Manager). This role is ideal for professionals who want to contribute to India’s development finance ecosystem by supporting MSMEs, driving credit growth, strengthening risk and compliance practices, and enabling inclusive economic development.
About the Company
SIDBI is India’s principal financial institution for the promotion, financing, and development of the Micro, Small and Medium Enterprises (MSME) sector. SIDBI plays a key role in strengthening MSME access to finance through direct and indirect lending, refinancing, development initiatives, and partnerships across the financial ecosystem.
Role Overview
As a Grade A (Assistant Manager), you will work across core banking and development finance functions. Depending on business needs and your profile, you may be assigned to credit appraisal, relationship management, risk, operations, recovery, policy support, or other strategic initiatives supporting MSMEs and financial inclusion.
Responsibilities
- Support end-to-end credit processes including preliminary assessment, appraisal, documentation review, and sanction recommendations.
- Manage relationships with MSME clients, intermediaries, and partner institutions; ensure high-quality customer service and timely resolution of queries.
- Monitor loan accounts and portfolio performance; assist in early warning identification, restructuring proposals, and recovery actions as required.
- Prepare and review credit notes, due diligence reports, financial analysis, and risk assessments.
- Ensure adherence to internal policies, regulatory guidelines, KYC/AML standards, and compliance requirements.
- Contribute to operational excellence by supporting process improvements, digitization initiatives, and internal controls.
- Coordinate with internal stakeholders (risk, legal, compliance, operations) to ensure timely execution of transactions and disbursements.
- Assist in preparing management reports, MIS dashboards, and presentations for periodic reviews.
- Support SIDBI’s development initiatives, programs, and partnerships aimed at MSME growth and financial inclusion.
Requirements
- Education: Graduation/Post-graduation or professional qualifications as per the official SIDBI notification for Grade A recruitment.
- Experience: Freshers may be eligible depending on the recruitment rules; relevant experience in banking/finance/credit/risk/MSME lending is an advantage.
- Core skills: Financial statement analysis, credit appraisal fundamentals, documentation discipline, and strong attention to detail.
- Analytical ability: Comfort with data-driven decision-making, risk assessment, and interpreting financial and operational metrics.
- Communication: Strong written and verbal communication skills for reports, stakeholder coordination, and client interactions.
- Integrity & compliance mindset: Ability to work within policy and regulatory frameworks with high ethical standards.
- Tech proficiency: Working knowledge of MS Office; familiarity with banking systems and MIS tools is beneficial.
Benefits
- Opportunity to work with a premier development financial institution supporting MSME growth in India.
- Structured learning and exposure to credit, risk, operations, and development finance initiatives.
- Competitive compensation and allowances as per SIDBI norms for Grade A officers.
- Career progression pathways within the organization based on performance and policy.
- Professional work environment with opportunities to collaborate across functions and regions.
Selection Process
Selection is typically based on stages such as an online examination and/or interview (as applicable). Please refer to the official SIDBI Grade A recruitment notification for the exact process, eligibility criteria, syllabus, and important dates.
How to Apply
Interested candidates should apply online through the official SIDBI recruitment portal as per the instructions in the notification. Keep scanned copies of required documents ready and ensure all details are accurate before final submission.
Note: This listing is a professional summary of the role. For authoritative information regarding eligibility, reservation rules, exam pattern, fees, and deadlines, consult the official SIDBI notification and website.