Total Vacancies
207
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SBI
State Bank of India
SBI SCO Wealth 2026 • Advt No: CRPD/SCO/2026-27/23
State Bank of India has invited online applications for 207 Specialist Cadre Officer vacancies on contract basis in Wealth Management. Posts include Zonal Head Retail, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. Selection consists of shortlisting, one or more rounds of personal/telephonic/video interview and CTC negotiation.
Total Vacancies
207
Age Limit
23–50 Years
As on 31 Aug 2026
Application Dates
4 Sept – 5 Oct 2026
Closes 11:59 PM IST
Job Location
All India
Qualification
Post-specific qualification. Minimum mandatory qualification across the advertised posts is Graduation from a Government-recognized University or Institution. Investment Specialist and Investment Officer require specified professional/postgraduate qualifications. Relevant post-qualification experience ranging from 3 to 15 years is mandatory depending on the post.
Salary / Stipend
Annual CTC is negotiable depending on experience, current emoluments and place of posting. Maximum CTC upper range varies by post from Rs. 27.10 lakh to Rs. 97.00 lakh per annum, including fixed pay, variable/performance linked pay and other perks as applicable.
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Particular | Details |
|---|---|
Recruiting Bank | State Bank of India (SBI) |
Advertisement No. | CRPD/SCO/2026-27/23 |
Recruitment | Engagement of Specialist Cadre Officers on Contract Basis |
Business Area | Wealth Management |
Total Vacancies | 207 |
Number of Post Types | 7 |
Engagement Type | Contract basis |
Application Mode | Online only |
Event | Date |
|---|---|
Online Registration Starts | 04 September 2026 |
Last Date to Apply | 05 October 2026 |
Last Date for Fee Payment | 05 October 2026 |
Age / Qualification / Experience Cut-off | 31 August 2026 |
Interview | To be communicated to shortlisted candidates by email and/or SBI website |
Post | Vacancies | Age |
|---|---|---|
Zonal Head (Retail) | 1 | 35-50 years |
Regional Head (RH) | 5 | 35-50 years |
Relationship Manager-Team Lead | 24 | 28-42 years |
Investment Specialist (IS) | 9 | 28-42 years |
Investment Officer (IO) | 4 | 28-40 years |
VP Wealth | 91 | 26-42 years |
AVP Wealth | 73 | 23-35 years |
Total | 207 | Post-specific |
Post | Mandatory Qualification / Experience |
|---|---|
Zonal Head (Retail) | Graduation from a Government-recognized University/Institution. Minimum 15 years of experience in managing sales in Wealth Management/Retail Banking/AMC, including at least 5 years leading a large team of Relationship Managers/Team Leads. |
Regional Head | Graduation from a Government-recognized University/Institution. Minimum 12 years post-qualification experience in relationship management, preferably in Wealth Management with leading banks/wealth management firms/AMCs, including at least 5 years leading a large team. |
Relationship Manager-Team Lead | Graduation from a Government-recognized University/Institution. Minimum 6 years post-qualification experience in relationship management, preferably in Wealth Management with leading banks/wealth management firms/AMCs. Team Lead experience is preferred. |
Investment Specialist | Professional qualification in PG Degree/PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science from a recognized institution, or CA/CFA. Minimum 5 years post-qualification experience, including at least 3 years in investment advisory/counselling/officer/team role in Wealth Management firms/AMCs. CA/CFP/CFA/NISM Investment Adviser or Research Analyst certification is preferred. |
Investment Officer | Professional qualification in PG Degree/PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science from a recognized institution, or CA/CFA. Minimum 3 years post-qualification experience in investment advisory/counselling/officer/team role in Wealth Management firms/AMCs. CA/CFP/CFA/NISM certification is preferred. |
VP Wealth | Graduation from a Government-recognized University/Institution. Minimum 6 years experience in relationship management with leading Public/Private/Foreign Banks, Wealth Management firms or AMCs. Post-qualification experience of minimum 6 years in a similar role is preferred. |
AVP Wealth | Graduation from a Government-recognized University/Institution. Minimum 3 years experience in sales and marketing with leading Public/Private/Foreign Banks, Wealth Management firms, AMCs, NBFC Wealth CRAs or similar organizations. |
Post Group | Preferred Qualification |
|---|---|
Zonal Head / Regional Head / RM-Team Lead / VP Wealth | MBA in Banking/Finance/Marketing with 60% marks from recognized University/Institution and/or CFP/CFA/NISM Investment Adviser/NISM 21-A. |
Investment Specialist / Investment Officer | CA, CFP, CFA or NISM Investment Adviser/Research Analyst certification, as specified. |
AVP Wealth | Graduates with postgraduate qualification in Finance, Marketing or Banking. Certifications such as NISM V-A, XXI-A and CFP/CFA are preferred. |
Category | Fee |
|---|---|
General / EWS / OBC | Rs. 750 |
SC / ST / PwBD | Nil |
Payment Mode | Online through Debit Card, Credit Card, Internet Banking and other payment options available through the integrated gateway. |
Refund | Application fee once paid is non-refundable and cannot be adjusted against any future examination or selection. |
Post | CTC Upper Range |
|---|---|
Zonal Head (Retail) | Rs. 97.00 lakh per annum |
Regional Head | Rs. 66.40 lakh per annum |
Relationship Manager-Team Lead | Rs. 51.80 lakh per annum |
Investment Specialist | Rs. 44.50 lakh per annum |
Investment Officer | Rs. 27.10 lakh per annum |
VP Wealth | Rs. 44.70 lakh per annum |
AVP Wealth | Rs. 30.20 lakh per annum |
Contract Period | 5 years, renewable for another 4 years at SBI's discretion subject to fulfillment of stipulated conditions. |
Stage | Details |
|---|---|
Shortlisting | SBI will shortlist an adequate number of candidates based on parameters decided by the Bank. Merely fulfilling minimum qualification and experience does not guarantee an interview call. |
Interview | One or more rounds of Personal, Telephonic or Video Interview may be conducted. Interview carries 100 marks. Qualifying marks will be decided by SBI. |
CTC Negotiation | CTC negotiation will be conducted with candidates individually at the time of interview or after completion of the interview process. |
Final Merit | Merit list will be prepared in descending order on the basis of interview scores only. |
Tie Break | Candidates obtaining the same cut-off marks will be ranked according to age in descending order. |
Post | Suggested Posting |
|---|---|
Zonal Head (Retail) | East Zone - Kolkata |
Regional Head | Bengaluru, Bhopal, Hyderabad, Guwahati and Patna |
RM-Team Lead / Investment Specialist / Investment Officer / VP Wealth / AVP Wealth | Centres within the applied/opted Circle. Candidates for these five posts must indicate three different Circle preferences while applying. |
Transfer Liability | SBI may transfer contracted officers to any SBI office in India or depute them to associates, subsidiaries or other organizations depending on service requirements. |
Rule | Details |
|---|---|
Experience Proof | Experience may be verified through employer experience certificate, annual performance appraisal letters, appointment and relieving letters, offer letter with Income Tax returns, or other authentic documentary evidence. |
Teaching / Training Experience | Teaching and training experience will not be counted for eligibility. |
Experience Below Six Months | Experience of less than six months in any organization will not be considered for eligibility. |
Current SBI Group Employees | Candidates working in SBI Group companies are required to produce a No Objection Certificate from their employer while applying for the applicable posts. |
Document | Requirement |
|---|---|
Recent Photograph | Recent passport-size colour photograph, JPG/JPEG, approximately 200 x 230 pixels, 20 KB to 50 KB. |
Signature | Signature on white paper with black ink, JPG/JPEG, approximately 140 x 60 pixels, 10 KB to 20 KB. Signature in capital letters is not accepted. |
Brief Resume | Upload in PDF format. |
ID Proof and PAN Card | Valid identity proof and PAN card are required in PDF format. |
Educational Documents | Relevant mark sheets, degree certificates and other educational qualification certificates in PDF format. |
Experience Certificate | Experience certificate/documentary proof of relevant experience in PDF format. |
Employment / Salary Proof | Form-16, Offer Letter or latest Salary Slip from current employer, as applicable, in PDF format. |
PwBD Certificate | Required in PDF format if claiming PwBD reservation. |
No Objection Certificate | Upload where applicable. |
Biodata and CTC Format | Prescribed Biodata and CTC format must also be uploaded as required by the application. |
PDF File Limit | Documents other than photograph and signature should be PDF files and each file should not exceed 500 KB. |
Step | Procedure |
|---|---|
1 | Visit SBI Careers - Current Openings. |
2 | Open Advertisement No. CRPD/SCO/2026-27/23 and select the online application link. |
3 | Register online using a valid email ID and complete the application details. |
4 | Upload photograph, signature, resume and all required eligibility/supporting documents. |
5 | For RM-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth, select three different Circle preferences. |
6 | Pay the applicable application fee online. |
7 | Review carefully and submit the application. Corrections will not be allowed after final submission. |
8 | Take a printout of the system-generated application form and e-receipt. No hard copy is to be sent to SBI. |
Condition | Details |
|---|---|
Multiple Posts | Candidates may apply for more than one post provided they satisfy all eligibility criteria for each post. |
Original Documents | Original documents including resume, ID proof, age proof, caste certificate, PwBD certificate, educational qualification and experience documents must be produced when called for interview. |
Leave | Contracted officers are entitled to 30 days leave during a financial year, subject to approval by the Bank. |
Notice Period | Contract may be terminated by either side with two months' notice or payment/surrender of two months' compensation in lieu thereof. |
PwBD Benchmark Disability | PwBD reservation applies to eligible persons with benchmark disability of not less than 40% where applicable. |
SBI has advertised a total of 207 vacancies across seven Specialist Cadre Officer posts.
The last date for online registration and fee payment is 05 October 2026.
The minimum qualification across the advertised posts is Graduation, but Investment Specialist and Investment Officer require specified professional or postgraduate qualifications. Every post also carries mandatory relevant experience requirements.
Post-wise age limits range from a minimum of 23 years for AVP Wealth to a maximum of 50 years for Zonal Head and Regional Head, reckoned as on 31 August 2026.
No written examination is specified. SBI will shortlist candidates and conduct one or more rounds of personal, telephonic or video interview followed by CTC negotiation.
The interview carries 100 marks. SBI will decide the qualifying marks.
Final merit is prepared in descending order based on interview marks only. Where candidates have the same cut-off score, the older candidate is ranked higher.
General, EWS and OBC candidates must pay Rs. 750. SC, ST and PwBD candidates are exempt from application and intimation charges.
The initial engagement is for five years. The contract may be renewed for another four years at the discretion of SBI subject to fulfillment of the prescribed conditions.
The highest stated annual CTC upper range is Rs. 97 lakh for Zonal Head (Retail). Actual CTC is negotiable depending on experience, current compensation and posting.
Yes. A candidate may apply for more than one post if all eligibility requirements for the respective posts are satisfied.
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