Recruitment for the post of Senior Executive (on contract basis)

Number and date of advertisement: 01/2016 of March 16, 2016

Start date for receipt of applications: March 16, 2016

Last date for receipt of applications: April 06, 2016

No. of vacancies UR OBC Total
5 1 6
VH (LV)*
1
    * May belong to any category

Location wise (initial posting) vacancy position is as under:

Sl. No. Location
(initial posting)
Name of the Fund No. of vacancies
1 Mumbai India Opportunities Fund (IOF) 2
2 Mumbai TEX Fund (TF) 2
3 Kolkata West Bengal MSME VC Fund (WB Fund) 1
4 Mumbai Maharashtra State Social Venture Fund (MS Fund) 1
Total 6
  1. SIDBI Venture Capital Limited (SVCL) (www.sidbiventure.co.in), a wholly owned subsidiary of Small Industries Development Bank of India (SIDBI) with offices in Mumbai and New Delhi, has established itself as the leading domestic Investment Manager for Venture Capital Funds / Alternative Investment Funds for early stage and growth stage investing, particularly for MSMEs across diversified sectors.
  2. SVCL is inviting applications from eligible and suitable candidates for the posts of Senior Executive (on contract basis). The candidate should have at least 2 years of post-qualification work experience in one or more areas viz. Venture Capital, Private Equity, Investment Banking, Early Stage Financing, Project Appraisal, Credit Rating. The candidates should not be more than 30 years of age.
  3. The candidates should possess one of the following qualifications:
    1. Graduates with 2 years full time degree/diploma in Management.
    2. Graduate Engineers with or without degree/diploma in Management.
    3. Chartered Accountants.

  4. Before filling in the application form, the candidates must ensure that they fulfill all the eligibility criteria with respect of age, educational qualification, work experience, etc., as on April 06, 2016 and that the particulars furnished in the application form are correct in all respects.
  5. The candidates must possess excellent verbal and written communication skills in English and preferably have working knowledge of Hindi and Bengali for WB Fund, Hindi and Marathi for MS Fund and Hindi for other Funds. The candidates should be proficient in using computer/laptops and other electronic gadgets. The appointment for the above posts shall be initially for a period of 5 years subject to renewal by mutual consent. The candidates may be offered 7,60,000/- (Rupees Seven Lakh Sixty Thousand Only) as Annual Fixed Compensation (AFC). However, higher AFC may be considered in the case of exceptionally higher qualified and/or highly experienced candidates. No residential accommodation will be provided by SVCL.
  6. The Company offers a challenging work environment. Professionals with proven track record of high performance and potential may write in strict confidence with detailed CV together with present and expected Cost to Company (CTC).
  7. Reservations and relaxations would be given to candidates belonging to the reserved categories (SC/ST/OBC) as per the Government of India existing instructions, provided such candidates apply under such category and submit valid proof in support of their claim.
  8. The applications need to be forwarded to SVCL as per format provided here - "Resume Format" on or before April 06, 2016 by e-mail to recruitment@sidbiventure.co.in with the subject "Application for the post of Senior Executive (on contract basis)" addressed to -
MD & CEO,
SIDBI Venture Capital Limited,
10th floor, "Naman Centre",
C-31, G Block,
Bandra Kurla Complex,
Bandra East, Mumbai - 400 051.