| SIDBI Recruitment 2025 is now open for a specialized role in the financial sector! The Small Industries Development Bank of India (SIDBI), the principal financial institution for the MSME sector, has announced a unique opportunity for risk management professionals. SIDBI is inviting applications for the position of Junior Level Officer (Operational Risk Manager) on a contractual basis at its Mumbai office. This is a prestigious chance for qualified individuals with expertise in operational risk to contribute to a national institution dedicated to empowering small and medium enterprises. If you have the required qualifications and experience, this role offers a platform to work on critical risk frameworks in a dynamic banking environment. |
SIDBI Recruitment 2025 Details
| Parameter | Details |
|---|---|
| Post Name | Junior Level Officer (Operational Risk Manager) |
| Post Code | 01 |
| Number of Posts | 01 (One) |
| Category | Unreserved (Includes 1 horizontal reservation for PwBD – Orthopedically Challenged) |
| Type of Post | Contractual (Full-Time) |
| Contract Tenure | Initial 3 years, extendable at Bank’s discretion for up to 2 more years. |
| Place of Posting | Mumbai |
| Age Limit (as on 30/06/2025) | Maximum 35 years |
| Application Mode | Email (RiMV@sidbi.in) |
| Application Deadline | September 8, 2025 |
Educational Qualification
- CA / CFA / MBA / MMS / MS / PGDM in Finance
- MSc (Risk Management) / MSc/MA (Maths/Statistics/Economics)
- BE/B.Tech with professional qualifications like FRM (Financial Risk Manager) or PRM (Professional Risk Manager)
Essential Experience
- Minimum 2 years of experience in the Operational Risk Management function of a Bank, Financial Institution, or NBFC.
SIDBI Recruitment 2025 Selection Process
The selection for SIDBI Recruitment 2025 is a straightforward and merit-based process:
- Application Screening: The bank will undertake a preliminary screening of all received applications and supporting documents. Merely fulfilling the eligibility criteria does not guarantee a call for an interview.
- Shortlisting: Based on the screening, SIDBI will prepare a shortlist of the most eligible and suitable candidates to be called for the personal interview.
- Personal Interview: Shortlisted candidates will have to appear for a personal interview before a Selection Committee. The interview will assess the candidate’s domain knowledge, skills, and suitability for the role.
- Final Merit List: The final selection will be based 100% on the performance in the interview. A merit list will be prepared in descending order of the scores obtained. In case of a tie, the candidate older in age will be ranked higher.
The bank also reserves the right to create a waitlist for future requirements.
How to Apply ?
The application process is via email. Follow these steps carefully:
- Download the Form: Visit the official SIDBI website (
www.sidbi.in) and go to the ‘Careers’ section. Download the prescribed application format for this specific advertisement. - Fill the Form: Type the application in English or Hindi. Do not submit a handwritten form.
- Attach Documents: Prepare self-attested scanned copies of all relevant documents:
- Recent passport-sized photograph (pasted on the form)
- Curriculum Vitae (CV)
- Educational certificates and mark sheets
- Experience certificates (must explicitly mention experience in Operational Risk Management)
- Identity Proof, Address Proof, Age Proof
- Caste Certificate (if applicable)
- Email the Application: Send the duly filled application form and all scanned documents as attachments to RiMV@sidbi.in on or before September 8, 2025.
- Subject Line is Crucial: The subject of your email must strictly follow this format: “Application for the post of 01, Junior Level Officer (Operational Risk Manager) [Your Name]”.
Important: Applications that are incomplete, not in the prescribed format, unsigned, or received after the deadline will be summarily rejected.
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| Notifications | Click here |
| Official Website | Click here |
| Application Form | Click here |
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Frequently Asked Questions (FAQs)
Q1: What is the salary or remuneration for this SIDBI Recruitment 2025 post?
A: The advertisement states that the remuneration will be “market-linked” and offered on a Cost-to-Company (CTC) basis. It assures that compensation will not be a limiting factor for the right candidate and will be decided on a case-to-case basis. There is also a provision for an annual increment based on performance review.
Q2: I am a BE/B.Tech graduate without an FRM/PRM certification. Can I apply?
A: No. For candidates with an engineering background (BE/B.Tech), a professional qualification like FRM (Financial Risk Manager) or PRM (Professional Risk Manager) is mandatory to be eligible for this role.
Q3: Is this a permanent job with SIDBI?
A: No. This is a contractual position on a full-time basis. The initial contract is for three years, which may be extended for up to two more years at the sole discretion of the bank. The contract can be terminated by either side with one month’s notice.
Q4: What is the nature of the work for an Operational Risk Manager?
A: The role is extensive and includes identifying operational risks, developing mitigation controls, recording risk events, monitoring Key Risk Indicators (KRIs), managing loss data, developing risk policies, ensuring regulatory compliance (like Basel III), conducting risk assessments, and handling Business Continuity Planning (BCP) and Disaster Recovery (DR) activities.
Q5: I have 2 years of experience in credit risk/financial risk. Am I eligible to apply?
A: The advertisement specifically requires “experience in Operational Risk Management function”. Experience in other risk domains like credit or market risk may not be considered relevant for this particular role unless it explicitly includes operational risk responsibilities. Your experience certificate must clearly state your role in operational risk.