Canara Bank Securities Ltd. jobs for Junior Officers in Bangalore, Mumbai. Last Date to apply: 21 May 2016
Job Description
Junior Officers job opportunities in Canara Bank Securities Ltd.on Contract
Qualification : Graduation in any discipline from a university recognized by the Govt. of India or any equivalent qualification recognized as such by Central Government with a minimum score of 50% (45% for SC/ST/OBC). Those having Stock Market related Diploma / Certification qualification from the Institutes like NISM, BSE Institute, or any other Institute imparting Stock Market related courses or appeared for the final Examination of aforesaid course and expecting the results shall be given preference
Experience : Not essential. Those having experience in equity brokerage houses or Depository Participants shall be given additional weightage in the selection process
Computer Literacy : Operating & working knowledge in computer systems is essential.
No. of Post : 03 (SC/ST-01, OBC-01, UR-03)
Note : All the eligibility [qualification, age etc] shall be computed as on 30.04.2016 (inclusive).
Age : Minimum: 20 years; Maximum- 35 years* (Inclusive of all relaxations as furnished below)
Compensation & Leave : Consolidated compensation at the following rates shall be paid to the JOOs: First Year - Rs.22500 per month. Second Year - Rs.22500 + Annual Increment (AI) up to Rs.2,500 per month** (upto Rs.25,000 per month) Third Year - Rs.22500 + Ist year AI + IInd year AI up to Rs.3,000 per month** (upto Rs.28,000 per month) ** Maximum component of annual increment based on annual performance appraisal. Minimum annual increment will be Rs.1,500 per month for the second year + Rs.1,500 for the third year. JOOs shall be eligible for Eligible for 12 days casual leave for every year of active service i.e. 1 day for every completed month of active service and fraction of a month is ignored. They shall be also eligible for annual leave for 20 days, 1 day for every 18 days of active service
Posting : Currently the vacancy is available only in Mumbai (1) & Bengaluru (2)
Selection Procedure : The selection is on the basis of Short-listing and Interview
Job Profile : Various Operations related to Securities Markets and products and services offered by the CBSL such as Front Office / Dealing and execution services in stock markets, Mutual Fund Products, Public Issues, Bonds etc. Surveillance and monitoring of client positions. Back Office / Settlement operations. Client acquisition and KYC functions. Research & Analysis activities. Marketing and business development functions. DP functions. Any other functions as per the requirement of the Company
Contract Period : The selected candidates will be on CONTRACT for a period of 3 (three) years (of active service) from the date of joining, as per the rules of the company. During the term of the contract, the company / JOO can terminate the contract by giving one month’s notice. At the end of the contract period, company may, at its sole discretion absorb the JOO in regular service of the company, subject to HR policy of the company prevailing as at that time
Job Particulars
About Company
The Company, a Subsidiary of Canara Bank was incorporated and accredited as a Primary Dealer PD in 1996 in the name of 'Gilt Securities Trading Corporation Limited. GSTCL' with a paid-up capital of Rs.100 Crores. The Primary Dealer activity of the Company was taken over by the parent Bank in February, 2007 and the Company is focusing on capital market related activities mainly into equity broking and distribution of Financial Products. The name of the Company has been changed as 'Canara Bank Securities Ltd. CBSL' in 2009. The On Line Trading OLT in Equity and FNO is a product added by CBSL to Financial Super Market of Canara Bank. This facilitates seamless trading in stock market by investor clients of the Bank at their comfort and convenience.