Banking

MSC Bank Treasury Officer Recruitment 2026 Apply Offline for 7 Treasury Specialized Officer Vacancies at Maharashtra State Co-operative Bank Ltd. Total Openings: 07 Vacancies Job Location: Maharashtra State Selection Mode: Scrutiny & Interview Postal Deadline: 08 July 2026 Critical Recruitment Overview The Maharashtra State Co-operative Bank Ltd. (MSC Bank), the leading Apex Cooperative Scheduled Bank in Maharashtra established in 1911, has officially released Advertisement No. 05 / MSC Bank / 2026-27. The bank is actively seeking skilled financial market specialists to fill 7 critical vacancies for the post of Treasury Specialized Officers. This recruitment offers a prominent pathway for regional finance professionals looking to anchor their expertise inside a major cooperative banking model. This dynamic recruitment drive invites applications specifically for fields such as Officer Grade II (covering Forex, Dealer Money Market, and Back Office tracks) and Junior Officer positions (covering CSGL, Forex, and Mid Office Own domains). Applications are open strictly to citizens of Maharashtra State, making the submission of a valid Domicile Certificate absolute and mandatory. The application process follows a rigid offline protocol where candidates must manually dispatch completed application envelopes via Post, Speed Post, or Courier. The hardcopy packages must reach the bank’s HR management headquarters on or before the strict deadline of 08 July 2026 up to 05:15 PM. Comprehensive Content Index 1. Important Dates & Postal Timeline 2. Post-wise Vacancies & Monthly Pay Scale 3. Age Limit & Educational Eligibility Rules 4. Required Work Experience & Key Skills 5. Selection Procedure & Mandatory Service Bond 6. Step-by-Step Offline Application Protocol 7. Frequently Asked Questions (FAQs) 8. Important Official Recruitment Links 1. Important Dates & Postal Timeline Candidates must monitor their postal dispatch channels closely. Any offline form arriving after the designated closing hour will be instantly disqualified without prior notification. MSC Bank Treasury Recruitment Calendar 2026 Official Notification Release Date: 18 June 2026 Absolute Deadline for Receipt of Hardcopy Forms: 08 July 2026 up to 05:15 PM Crucial Reference Date for Age & Experience Limits: 01 June 2026 Personal Interview Dates: Will be communicated individually to eligible shortlisted applicants 2. Post-wise Vacancies & Monthly Pay Scale The bank is allocating a fixed initial remuneration for these professional cadres, which is subject to management adjustment based on unique domain experience and performance. Post Category Specific Domain Assignment Vacancies Approximate Pay Per Month (₹) Officer Grade II Forex 01 ₹ 60,000/- Dealer Money Market 01 Back Office 01 Junior Officer CSGL (Constituent Subsidiary General Ledger) 02 ₹ 54,000/- Forex 01 Mid Office Own 01 Grand Total Openings 07 Vacancies 3. Age Limit & Educational Eligibility Rules All key criteria parameters are fixed to a single reference cutoff milestone of 01 June 2026. Language fluency in speaking and writing Marathi, Hindi, and English is completely mandatory. Age Threshold Limits (As on 01.06.2026) For Officer Grade II Posts (All domains): The maximum age limit is fixed at 35 Years. For Junior Officer Posts (All domains): The maximum age limit is fixed at 32 Years. Mandatory Academic Qualifications Basic Educational Constraint: Candidates across all 7 post-allocations must possess a full-time B.Com or M.Com degree from a recognized university, institution, or board approved by the Government of India. Compulsory State Domicile: This recruitment pattern excludes multi-state entries. Candidates must provide a hardcopy self-attested Domicile Certificate of Maharashtra State along with their baseline registration form. 4. Required Work Experience & Key Skills The recruitment strictly highlights the requirement for post-qualification, active market tenure within targeted commercial trading layers. Post-Wise Experience Thresholds Officer Grade II (Forex / Dealer Money Market / Back Office): Requires a mandatory minimum of 5 years of work experience in an officer cadre within the front or back office structures of a Treasury cell. This experience must be with a recognized Bank, Mutual Fund Management setup, NBFC, or specialized Broking Firm, running immediately preceding the application cut-off date. Junior Officer (CSGL / Forex / Mid Office Own): Requires a mandatory minimum of 3 years of professional work experience as an officer specifically within active banking fields. Desirable Professional Preferences For Officer Grade II: Added preference weightage is given to candidates holding professional tracks like an MBA or PG Diploma in Business Management with specializations in Treasury Finance, International Business, or Trade Finance. Certifications like the Treasury Management course by IIBF, Bourse Course from NIBM, active familiarity with CCIL’s NDS-OM Dealing Platform, or a Certified Treasury Professional (CTP) token are highly valued. For Junior Officer: Added preference weightage for PG Diploma configurations in Treasury/Trade Finance, IIBF Treasury management modules, practical exposure handling CCIL’s NDS-OM Dealing interface, and professional computer data literacy spanning advanced formulas inside MS Excel, Word, and PowerPoint. 5. Selection Procedure & Mandatory Service Bond The evaluation model avoids competitive written platforms, emphasizing direct, high-level structural panel interviews. A. Screening Phases Scrutiny Stage: Preliminary screening of sent application documents to eliminate entries lacking Maharashtra state domicile, requisite age bounds, or core commercial credit/treasury service months. Interview Stage: Shortlisted eligible profiles will face a formal, in-depth series of personal panel interviews. Verification Verification: Successfully cleared candidates will get a preliminary offer letter and must undergo Background Validation, Police Verification, Document Review, and a strict Medical Fitness check before final enrollment. B. Strict Indemnity & Surety Bond System To protect its treasury operations from attrition risks, MSC Bank enforces highly conservative indemnity execution parameters at joining: Liquidated Damages Undertaking: Appointed candidates must sign a formal legal service undertaking on a ₹ 500/- stamp paper committing to serve MSC Bank for a minimum uninterrupted tenure of 5 years from their joining date. Breach Penalty: Any breach, default, voluntary resignation, or termination before completing the 5-year bracket mandates an absolute penalty payout of ₹ 10.00 Lakhs (Rupees Ten Lakh Only) directly to the bank as liquidated damages. Surety Attachment: Candidates must concurrently submit a distinct Surety Bond of ₹ 1,00,000/- each executed by two active Income Tax Payers acting as institutional guarantors. Probation Cadre: Finalized entries undergo a probation routine lasting 06 months before earning structural service confirmation. 6. Step-by-Step