State Mortgage & Investment Bank (SMIB) Branch Manager Jobs 2026 – Northern & Eastern Province

The State Mortgage & Investment Bank (SMIB), one of Sri Lanka’s leading housing banks, has announced applications for the position of Branch Manager (Northern and Eastern Province). Qualified and experienced banking professionals are invited to apply for this exciting leadership opportunity.

Candidates with strong experience in branch operations, credit management, business development, and team leadership are encouraged to submit their applications before the closing date.

Position Details

Key Responsibilities

The selected candidate will be responsible for:

• Achieving branch targets related to product sales, profitability, and client acquisition.
• Ensuring efficient branch operations while adhering to internal controls and banking regulations.
• Leading and motivating staff to achieve business objectives.
• Managing branch credit appraisal, loan disbursement, and recovery activities.
• Supporting customer service excellence and business growth initiatives.

Educational Qualifications

Applicants should possess:

• A Degree in Banking, Business Administration, Commerce, Economics, Accountancy, or an equivalent qualification from a recognized university.

AND

One of the following professional qualifications:

• Intermediate or Licentiate Examination of the Institute of Chartered Accountants of Sri Lanka (ICASL).
• Stage I and II Examination of the Chartered Institute of Management Accountants UK (CIMA UK).
• Associate Membership of IBSL.

Experience Requirements

Candidates must have:

• Minimum 06 years of overall executive-level experience in banking or a recognized financial institution.
• Experience in:
  • Credit appraisal
  • Credit disbursement
  • Risk operations
  • Credit recovery
• At least 04 years of post-qualification experience as an Assistant Manager.
• Excellent communication and interpersonal skills.

Salary and Benefits

The selected candidate will receive:

• Salary Scale: Rs. 135,125 – 188,125 per month
• Bank-approved allowances including:
  • Cost of Living Allowance
  • Rent Allowance
  • 10% Allowance

Approximate Monthly Gross Salary: Rs. 248,500

Age Limit

• Applicants should be below 40 years of age.
• The age limit will not apply to candidates already employed in a state sector organization.

Selection Process

The recruitment process will be conducted according to the Bank’s recruitment policy and procedures.

Selection Method: Interview

How to Apply

Interested and qualified candidates should submit:

• Updated Curriculum Vitae (CV)
• Copies of educational and professional certificates
• Details of two professional non-related referees, including:
  • Names
  • Addresses
  • Contact numbers

Applications must be sent via email to:

[email protected]

Important Dates

📅 Application Closing Date: 15 June 2026

Applicants are advised to submit their applications before the deadline to avoid missing this opportunity.

Why Join SMIB?

State Mortgage & Investment Bank is recognized as Sri Lanka’s premier housing bank and continues to expand its services while maintaining a strong commitment to customer satisfaction, innovation, and professional excellence. This Branch Manager role offers an excellent opportunity for experienced banking professionals seeking career advancement in a reputable state-owned financial institution.

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