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STREE NIDHI CREDIT COOPERATIVE FEDERATION LIMITED

Department of Rural Development: Government of Telangana TFD No: 002/2014

502, 5th Floor, Hermitage Office complex, Hill fort Road, Adarsh Nagar, Hyderabad- 500 004.

Date: 03.08.2016

Recruitment of Assistant General Managers, Chief Manager and Managers in ‘STREE NIDHI’

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IMPORTANT: LAST DATE FOR RECEIPT OF APPLICATIONS – 25.08.2016 Stree Nidhi Profile:

Stree Nidhi Credit Cooperative Federation Ltd is a society registered under State Cooperative Societies Act’1964 with its registered office located in Hyderabad. Stree Nidhi has been promoted by federations of SHGs in association with Govt. of Telangana and commenced operations on 06.10.2011. Stree Nidhi is looking for talented, qualified, committed professionals from reputed institutions and experienced VRS/Retired Banking Professionals, project FTEs in level 3, 4 & 5 cadres of SERP and employees of similar cadres of MEPMA and others from MF sector who have requisite experience for the following positions. All the positions are recruited for Head Office and these will be subject to administrative exigencies.

Sl. No.

Designation of the post No of posts

1 Assistant General Manager- Credit 1

2 Assistant General Manager – Monitoring 1

3 Assistant General Manager - Accounts 1

4 Asst General Manager-Financial inclusion 1

5 Asst Genral Manager- Institution Monitoring & Social Audit

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6 Chief Manager – Credit 1

7 Chief Manager – Funds Management 1

8 Manager – (Credit) 2

9 Manager – (MIS) 1

The details of eligibility criteria viz. qualifications, experience, age and requirements are given below for the above posts (For Job profile see Annexure-2).

1. AGE, QUALIFICATION & EXPERIENCE (As on 31.07.2016)

ASSISTANT GENERAL MANAGER – (Credit)

Post Code No. 01

Vacancies 01

Qualifications Any Post Graduate and Preference will be given to MBA/M.Com/PGDBM in Finance or Graduate in Agriculture/ Veterinary from a recognized University, preferably with

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JAIIB/CAIIB. Experience in SHG financing and rural banking etc.

Experience

Min. 15 years of relevant experience in Bank / Financial Institution/MFI. Experience in Credit Management with project appraisal skills is essential.

• Knowledge on SHGs/MS/TLF/VO/SLF Structures is preferable

• Project appraisals and analysis of balance sheets and credit appraisals.

• Knowledge of RBI guidelines on extension of credit to microfinance organizations.

• Expertise in managing credit portfolio

Age 40 to 55 years.

Requirements

The organization functions on technological platform hence candidate should have good knowledge in Computer Applications. They must know Telugu and have good English proficiency, good interpersonal and communication skills, both verbal and written.

Posting At Head Office subject to administrative exigencies.

ASSISTATN GENERAL MANAGER – (Monitoring)

Post Code No. 02

Vacancies 01

Qualifications

Post Graduate and Preference will be given to MBA-Fin/HR/PGDBM in Finance/ Commerce /Graduate in Agriculture/ Veterinary from a recognized University, preferably with CAIIB.

Age 40 to 55 years.

Experience

Min. 15 years of experience in Bank / Financial Institution. Preference will be given to candidates possessing experience in working in livelihood promotion organization, handling business development services and monitoring team in credit operations. Experience in dealing with financial portfolio, coordinating with line departments. Experience in SHG financing and rural banking etc., experience in credit / recovery / NPA management is essential.

Requirements

• Knowledge in functioning of SHGs and their Federations (MS/TLF/VO/SLF)s

• Must be willing to tour 20 days in a month as they will be in charge of 5-6 districts.

• Must have computer knowledge, proficiency in MS- Office

• They must know Telugu and have good English proficiency, good interpersonal and communication skills, both verbal and written Posses Leadership qualities

Posting At Head Office subject to administrative exigencies.

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ASSISTANT GENERAL MANAGER –Accounts

Post Code No. 03

Vacancies 01

Qualifications

Any Post Graduate/preference will be given to MBA / M.Com/ or

Graduate in Agriculture/Veterinary from a recognized University,

preferably with JAIIB/CAIIB. Experience in SHG financing and rural

banking etc.

Experience

Min. 15 years of service in Scheduled Bank. The job involves

reconciliation of bank accounts, Compilation & checking of income

and expenditures, Maintenance of Accounts, Balance Sheet

preparation, liaison with banks, day to day accounting of the

transactions, Good technical skills and computer knowledge and

exposure to CBS environment

Age 40 to 55 years

Requirements

Proficiency in finance and accounting methodologies. The organization functions on technological platform; hence the candidate should have good knowledge in Computer

Applications. Exposure to IT, knowledge in MS office is must. English, Telugu proficiency. Good interpersonal and communication skills, both verbal and written.

Posting At Head Office subject to administrative exigencies.

Assistant General Manager – Financial

Inclusion

Post Code No. 04

Vacancies 01

Qualifications Graduate in Agriculture/Post Graduate and preference will be

given to MBA in Finance / Commerce from a recognized

University.

Experience Min. 15 years of service in Bank/Financial institution,

preferably with experience in Financial Inclusion. • The job involves planning, implementation &

monitoring of Financial Inclusion for Positioning of Stree Nidhi as Business correspondent and Village Organization as CSPs with the banks in the state of Telenagana,Liaison with banks regarding technology and business.

• Knowledge on accounting i.e reconciliation & cash management.

• Knowledge on banking products with special focus on rural products.

• Should be conversant with EBT, DBT, AEPS, Rupay card, IDBRT standards, Micro ATMs .

Age 40 to 60 years

Requirements English, Telugu proficiency. Good interpersonal and

communication skills.

Posting At Head Office subject to administrative exigencies.

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ASST GENERAL MANAGER Institutional monitoring/Social Audit and training

Post Code No. 5

Vacancies 01

Qualifications Post Graduate and preference will be given to MBA / PGDBM in Finance / M.Com/ MSW / Agriculture/ Veterinary from a recognized/ reputed University.

Experience

Min. 15 years of service in any MFI/Community based organizations preferably in conducting audit of MFIs and CBOs and experience in CBOs assessment. The job involves balance sheet and P&L analysis, business development for CBOs for self-sustainability; follow up on audit in addition to training strategy and planning for the same. Experience in inspection and auditing is preferable. Rating & Grading of CBOs, preparation of business projections, credit appraisal/rating of borrowers, Grading of CBOs, good drafting skills, Training skills, experience in working with SHGs and its federations is preferable. The organization functions on technological platform and candidate should have good knowledge in computer Applications.

Age 40 to 55 years

Requirements English, Telugu proficiency. Good interpersonal and communication skills ,both verbal and written

Posting At Head Office, subject to administrative exigencies

CHIEF MANAGER Credit

Post code-6

Vacancies 01

Qualifications Post Graduate and preference will be given to MBA/PGDBM in Finance / Commerce / Agriculture / Veterinary from a recognized University.

Experience

Min. 15 years of relevant experience in Bank / Financial Institution/MFI. Experience in Credit Management with project appraisal skills is essential.

• Knowledge on SHGs/MS/TLF/VO/SLF Structures is preferable

• Project appraisals and analysis of balance sheets and credit appraisals.

• Knowledge of RBI guidelines on extension of credit to microfinance organizations.

• Expertise in managing credit portfolio

Age 35 to 45 years

Requirements

The organization functions on technological platform hence candidate should have good knowledge in Computer Applications. They must know Telugu and have good English proficiency, good interpersonal and communication skills, both verbal and written.

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Posting At Head Office subject to administrative exigencies

CHIEF MANAGER – (Funds Management)

Post code No:7

Vacancies 01

Qualifications

Post Graduate and preference will be given to MBA (Finance)/PGDBM in Finance / Commerce / Agriculture / Veterinary from a recognized University.

Experience

Min. 15 years of service in Scheduled Bank. The job involves

reconciliation of bank accounts, Compilation & checking of income

and expenditures, Maintenance of Accounts, Balance Sheet

preparation, liaison with banks, day to day accounting of the

transactions, Good technical skills and computer knowledge and

exposure to CBS environment

Age 35 to 45 years

Requirements

The organization functions on technological platform hence candidate should have good knowledge in Computer Applications. Proficiency in English and Telugu is must. Good interpersonal and communication skills, both verbal and written

Posting At Head Office subject to administrative exigencies

MANAGER (Credit) Post code No: 08

Vacancies 02

Qualifications Graduate/Post Graduate in Commerce, MBA/PGDBM in Finance, MSW/M.Com from a recognized University is preferable. Qualification in Computer Application is essential.

Age 30 - 35 years.

Experience

3-5 years of experience in working with SHGs and their federations/ Micro finance Institutions/Community based organizations/ NGOs is preferable. Must possess expertise in Rural Livelihoods analysis.

Requirements Candidates must have Proficiency in Computer Applications. Must have good interpersonal and communication skills.

Posting At Head Office subject to administrative exigencies

MANAGER – (MIS) Post Code No. 09

Vacancies 01

Qualifications Graduate/ Post Graduate in Computer Application, M.Sc(Comp), MCA/ B.Tec (C.Sc)/ IT/ M.Com/MBA/PGDBM in Finance from a recognized University.

Age 28 to 35 years

Experience • Should posses minimum 3-5 years of experience in the

field of IT & Management Information Systems and generation of Reports.

Requirements • Proficiency in Excel, and preparing Pivot tables, relevant

accounting packages.

• Proficiency in Telugu & English

Posting At Head Office subject to administrative exigencies

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2. SCALES OF PAY:

• AGM: Consolidated scale of Rs.35000/- per month.

• CM: Consolidated salary of Rs.28000/- per month.

• Manager: Consolidated scale of Rs.20,000/- per month.

Higher salary can be considered in case of deserving candidates with professional competency and experience.

The Selected candidates shall be taken on contract basis as consultants. The contract tenure will be 2 years with annual renewal, subject to mutual consent and performance. There will be regular performance review and Stree Nidhi has discretion to terminate his/her services on account of unsatisfactory performance. In case of applications from SERP, candidates should be in L3, L4, and L5 category for Manager, CM and AGM Positions respectively and submit the applications through proper channel. In case of deputation from SERP, applications are to be routed through proper channel. Candidates to note that this is not a Govt. Job.

SELECTION PROCEDURE

i. Stree Nidhi being a Govt. promoted organization, roster system shall be followed.

ii. The eligible candidates subject to a maximum of 1:5 will be called for personal interview and decision of Stree Nidhi shall be final in this regard.

iii. Those selected for the above posts have to join within 30 days from the date of issue of selection letter.

3. SUBMISSION OF APPLICATION Eligible candidates have to download the Application Form given in Annexure-2, from the websites and submit application form separately for each post mentioning the post code on top of the application form and no candidate can apply for more than two posts. One application from is eligible for one post only. The application form should be as per the proforma enclosed. Last date of receipt of application is 25.08.2016. No applications shall be entertained after the stipulated date. Incomplete application forms will be rejected.

Submit the application, Super scribing the Post Name and Post Code on the envelop for which he/she is applying for (Specify post and code) to “The Managing Director” Stree Nidhi Credit Cooperative Federation Ltd., to the following address: Stree Nidhi Credit Cooperative Federation Ltd, C/o Society for Elimination of Rural Poverty, 5th Floor, HUDA- Hermitage Offices Complex, # 5-10-192, Hill Fort Road, Saifabad, Hyderabad-500 004

4. GENERAL INSTRUCTIONS:

a) Please down load the application form from the websiteswww. serp. telangana. gov. in or www. streenidhi. telangana. gov. in.

b) While applying for the posts, the applicant should ensure that he / shefulfills the eligibility and other norms mentioned above and that theparticulars furnished are correct in all respects. In case it is detected atany stage that a candidate does not fulfill the eligibility norms and I orthat he / she has furnished any incorrect / false information or hassuppressed any material fact(s), his / her appointment will automaticallystands cancelled.

c) In case of suitable and deserving cases, any of the requirements andconditions of eligibility mentioned above, may be relaxed at the discretionof the Board of Management of Stree Nidhi. The Board of Management ofStree Nidhi reserves the right to fill or not to fill the above advertisedpositions without assigning any reason thereof. Posts of AGMs and beloware subjected to Nativity clause.

Candidates must submit one application for one post. Applications mustbe submitted in prescribed format which can be down loaded from StreeNidhi/SERP websites mentioned above. The applications received in anyformat other than the prescribed will be rejected. Candidates must fill thedetails in the format either by typing or by filling the details with Black /Blue ball point pen, clearly and legibly.

Mere submission of application against the advertisement and apparentlyfulfilling the criteria as prescribed in the advertisement would not bestowon him I her any right to be called for interview.

The following candidates need not apply now:i. Those who have already attended the interview earlier for 2 times

and not selectedii. Those who do not have working knowledge in Telugu

Canvassinq. recommendations and influencing in anv formwill be treated as disqualification.

@a-dVMANAGING DIRECTOR

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e)

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Annexure-1

JOB PROFILES: ROLES AND RESPONSIBILITES of AGMs/CHIEF MANAGER & MANAGERS

AGM- (Credit) Post Code-01

Job Profile 1. Managing credit portfolio of MS/TLF/VOs/SLF 2. Fixation of credit limits 3. Processing and approval of Micro & tiny Loan

proposals received from field staff. 4. Guiding district level and cluster level staff in

credit plan projections and 5. achieving them. 6. Monitor organization’s goals and achievements. 7. Implementation of guidelines, circulars issued by

HO ensuring the compliance. 8. Indentifying gaps, impediments, constraints &

provide guidance to staff. 9. Formulation of loan products , new initiatives,

prepare new project proposals and systems and procedures in credit management.

10. Monitor progress of credit flow, repayments and deposits regularly.

11. Do necessary due diligence and compliance with broad norms as stipulated by RBI under priority sector guidelines 12. Ensure execution of loan documents at

VO/SLF/SHG member levels

13. Safe custody of loan documents 14. Generate necessary reports for review 15. Monitor DCB/NPA on a regular basis following

RBI norms 16. Monitor the staff concerned on default of

installment and follow up for recoveries with MS/TLF/VO/SLF .

17. Study the health of MS/TLF/VO/SLF /SHGs

concerned and generate reports for customer analysis

18. Identifying problems on loan related issues for taking necessary measures

19. Preparing agenda notes on Loan portfolio for review by Managing Committee.

20. Co-ordination with other units of SERP and MEPMA

21. Managing SCSP/TSP/IWMP/NRLM loan portfolio.

22. Preparation of credit plans. 23. Supervise functioning of CMs & Managers &

Assistant Managers 24. Any other works entrusted from time to time

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AGM- (Monitoring) Post Code-02

Monitoring � Monitoring and Guiding Regional Managers, Managers and Assistant Managers placed in the allotted Districts.

� Day to Day Monitoring of MIS/Reports and follow up with Mandals for immediate action.

� Monitoring functioning of SNRPs in mandals � Liaison with PDs/APDs and concerned District

SERP/MEPMA staff for effective monitoring of Stree Nidhi activities

� Generate necessary reports for review

Credit Flow: � Managing Credit Portfolio of MS/TLF/VOs/SLF with special focus on VOs/SLFs for loan disbursement in the districts assigned

� Study the health of MS/TLF/VOs/SLF concerned

Repayment: � Ensuring Recovery percentage to be above 98 % to Demand

� Creating awareness, providing guidance and technical support in elimination of VO identity not known entries and adjustment of repaid amounts

� Monitoring repayments in concerned Banks A/c � Monitoring DCB/NPA of Loan accounts in

reducing overdues on daily basis

Deposits: � Mobilization of Deposits from community federations and follow up for adjustment to respective depositor

Documentation: � Ensuring loan documents are filled in and kept in MS/TLF/VOs/SLF under safe custody .

Trainings: � To Organize Orientation programmes on Stree Nidhi to staff/ MS/TLF/VOs/SLF

� Monitoring Stree Nidhi Committees to function effectively

� Organizing cluster level/Dist. level trainings for Staff/Community

Others:

� Expanding BC role of Stree Nidhi � Any other works entrusted from time to time.

ASSISTANT GENERAL MANAGER – Accounts

Post Code No. 03

1. Maintenance of proper Books of Accounts and approvals of Office Expenditure

2. Monitoring of reconciliations done for each MS Account vis-a-vis Bank Reconciliation

3. Maintaining cheque books and other valuables under safe custody

4. Proper classification, tally and in charge of security documents/items (Cheque Books, DDs/POs/Cards/etc.,)Fixed assets management.

5. Generate MIS reports and Review status. 6. Reconciliation and maintenance of suspense

register as per prescribed format. Internal

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Auditing & Statutory Auditing and Audit Compliance Scrutinizing Vouchers/Office Accounts/other Accounts

7. Balance Sheet Verification and finalization of accounts and publication of Balance Sheet after getting audited

8. Submission of budget proposals under different schemes Monitoring Credit limits/Overdrawn accounts/ Office Accounts

9. Supervising the functioning of CM/Managers 10.Any other work entrusted from time to time as per administrative exigencies of the organization

Asst General Manager FI Post code 4

1. Planning, implementation & monitoring the

Financial inclusion at the state level.

2. Preparation of field activity plan – time bound

action plan.

3. Liaison with banks regarding technology,

entering in to MOUs, business & firming up the

partnership with banks in FI.

4. Liaison with Technical Service providers (TSPs)

regarding technical services to be provided at

CSP level and provision of MIS.

5. Monitoring of reconciliation and cash

management.

6. Monitoring the CSP transactions.

7. Monitoring the payment of commission to

Entrepreneurs.

8. Procurement of hardware for the CSPs

9. Visit to banks regarding request to position

Stree Nidhi as BC.

10. Monitoring and job allocation to field staff

(Financial Inclusion).

11. Any other duties assigned from time to

time.

Assistant General Manager - IM & SA

Post code No 5

1. Undertake CBOs rating on regular intervals. 2. Assess the functioning of CBOs and their financial

position. 3. Work closely with the credit disbursement and

monitoring units at Stree Nidhi. 4. Liaison with SERP - IB unit, SAAT and give

feedback. 5. Prepare strategies for CBOs in making them self

sustainable. 6. Help in business planning on the basis of feedback

from grass root level.

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7. Design trainings on Business Plans development, rating etc.,

8. Investigate frauds etc., and help in streamlining internal controls.

9. Ensuring completion of Audit in scheduled time 10. Submitting the audit report to MD & taking

action accordingly 11. Providing feedback to CBO on Audit. 12. Supervise functioning of Manager / AGM 13. Functioning of Stree Nidhi Committees 14. Any other works entrusted from time to time.

Chief Manager (Credit) Post Code No: 06

Job Profile 1. Managing credit portfolio of MS/TLF/VO/SLFs

2. Processing of Micro & tiny loan proposals received from field staff for sanction of loans.

3. Appraisal of project proposals 4. Preparation of credit plan. 5. Designing new loan products. 6. Do necessary due diligence and compliance with

broad norms as stipulated by RBI under priority sector guidelines

7. Ensure execution of loan documents at MS/TLF/VO/SLF/SHG levels

8. Safe custody of loan documents 9.Generate necessary reports for review 10.Monitor DCB/NPA on a regular basis following RBI norms 11.Study the health of MS/TLF/VO/SLF/SHGs

concerned and generate reports for customer analysis 12.Identifying necessary measures for loan related issues 13.Preparing agenda notes on Loan portfolio for review by Managing Committee 14.Coordinating with other units in SERP and MEPMA. 15. Managing SCSP/TSP/IWMP/NRLM Loan portfolio 16.Any other works entrusted by the Management from time to time.

Chief Manager - Funds Management

Post Code: 07

Job Profile 1. Assisting DGM/AGM Fund Management 2. Formulating strategies to develop FMS portfolio

of organization. 3. Daily monitoring of banking operations,

Monitoring credit Limits/overdrawn accounts, scrutinizing vouchers/ office accounts/ other accounts.

4. Review daily cash balances of the Stree Nidhi bank's Accounts in different banks-ensure liquidity levels for operating activities- adequate funding in bank accounts to operate

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optimally. 5. Monitor Bank balances. 6. Communication with banks to ensure inter and

intra bank fund transfer promptly. 7. All compliances related MIS and deliverables as

per funding banks requirements 8. Set up for EFMS Fund accounting 9. Reconciliation and Monitoring of bank accounts

periodically. 10.Monitoring loan repayment to banks regularly and maintain details of due dates

11.Mobilizing deposits and their withdrawal 12.Business development and handling all issues connected to borrowing including preparation of project reports, discussions with Banks 13.Generate MIS, do profitability analysis and prepare statements on various issues like Funds position, daily disbursements, etc 14.Submission of required documents/ statements to banks periodically as required by them 15.Reconciliation and Monitoring of suspense accounts 16.Internal Auditing & Statutory Auditing and Audit Compliance 17.Ensuring of compilation of Annual accounts in time 18.Supervising functioning of Manager 19.Preparation of new deposit schemes 20.Payment of interest on deposits at regular intervals. Printing of deposit receipts 21.Maintaining accounts for Share Capital, Payment of dividend, and printing of certificates. 22.Any other work entrusted from time to time.

Manager - Credit

Post Code 08

Job Profile 1. Verification of Micro & Tiny loan proposals received from field for CM/AGMs approval.

2. Preparation of projects 3. Appraisal & approvals of project based loans. 4. MS/TLF/VO/SLF loan documents updating in

system. 5. Any other work entrusted from time to time

Manager - MIS Post Code 09

Job Profile • Data Analysis

• Data Reporting

• Preparation of Reports

• Laisoning with bankers on data validations

• Any other work entrusted from time to time

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Annexure-2

Stree Nidhi – Telangana Application Form

Application for the Post of: Post Code: 1. Name: Surname:

2. Father’s Name:

3. Date of Birth and Age as on 31.07.2016.

4. Native of _____________________District

5. Category: OC/BC/SC/ST/Minority

6. Gender Male/Female

7. Address for Correspondence

8. E-mail

9. Contact Mobile number:

10. Education Qualification: (in descending order up to SSC/Class X)

Degree/ Diploma

Certificate

Year of passing

College/Institution Board/ university/ Institution

Subjects/ Specialisation

% of Marks & Division

Affix latest

photograph

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11. Experience in Years ----- (latest first) if needed a separate sheet may be enclosed.

S.No Name of the Organization

Designation

Tenure from –to & years

and months

Responsibility / assignment

Achievement

Gross salary drawn (per

month in Rs.)

`

12. Expected Salary per month in Rupees:

13. Languages Known:

Language Read Write Speak

Telugu

English

Hindi

14. Computer Proficiency:

15. Any other information applicant may like to give (but not more than 100 words

16. References of Two persons not related to candidate:

Name Designation and

Organization Address with contact

number

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I hereby declare that all the statements made in this application form and enclosures are true to the best of my knowledge and belief. I further undertake that if any information is found to be contrary to the above, I am liable for disqualification for the post applied for. Date: Place: Signature of the Candidate