SBI Specialist Cadre Officers Recruitment 2026

SBI Specialist Cadre Officers Recruitment 2026 - Quick Facts

Last Date25 September 2026
Total Vacancies207 (7 designations in Wealth Management)
Post NamesZonal Head, Regional Head, RM-Team Lead, Investment Specialist, Investment Officer, VP Wealth, AVP Wealth
Age Limit23-50 years (varies by post, as on 31-08-2026)
QualificationGraduate; MBA/PG in Finance preferred; CFP/CFA/NISM certifications preferred
FeeUR/EWS/OBC: Rs. 750 | SC/ST/PwBD: Exempted
SalaryCTC Rs. 27.10 Lakh to Rs. 97 Lakh per annum (negotiable)
SelectionShortlisting + Interview (100 marks) + CTC Negotiation
ApplyAPPLY NOW
NotificationDOWNLOAD PDF
Websitesbi.bank.in
Advt. No.CRPD/SCO/2026-27/23

Last verified against official notification: 04 September 2026.

SBI Specialist Cadre Officers Recruitment 2026 - 207 SCO Posts in Wealth Management

State Bank of India (SBI), the country's largest public sector bank, has invited online applications for 207 Specialist Cadre Officers to be engaged on contract basis in its Wealth Management vertical. The recruitment is conducted under Advertisement No. CRPD/SCO/2026-27/23, dated 04 September 2026, issued by the Central Recruitment and Promotion Department, SBI Corporate Centre, Mumbai. The vacancies span seven distinct roles including Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth, distributed across 17 SBI Circles nationwide. Online registration is open from 04 September 2026 and the last date to apply is 25 September 2026.

Candidates must be graduates from a Government-recognized university or institution. For most posts, an MBA in Banking, Finance, or Marketing and certifications such as CFP, CFA, or NISM V-A/XXI-A are preferred. The required post-qualification experience ranges from 3 years for AVP Wealth to 15 years for Zonal Head. Age limits vary by post, ranging from 23-35 years for AVP Wealth to 35-50 years for Zonal Head and Regional Head, as on 31 August 2026. Government or PSU employees must submit a No Objection Certificate at the time of interview. Candidates can apply for more than one post if they fulfil all eligibility criteria for each post.

The selection process involves shortlisting based on qualification and experience, followed by one or more rounds of personal, telephonic, or video interview carrying 100 marks. Shortlisted candidates then undergo individual CTC negotiation. The merit list is prepared in descending order based on interview scores, with ties broken by age in descending order. The contract period is 5 years, renewable for another 4 years at the Bank's discretion. Selected officers are eligible for Performance Linked Pay (0% to 45% of Fixed Pay) and annual increment bands based on performance rating. CTC is negotiable and ranges from Rs. 27.10 lakh to Rs. 97 lakh per annum depending on the post.

Key Details at a Glance

ParameterDetails
OrganizationState Bank of India (SBI), CRPD Mumbai
Post NameZonal Head, Regional Head, RM-Team Lead, Investment Specialist, Investment Officer, VP Wealth, AVP Wealth
Total Vacancies207
Last Date to Apply25 September 2026
Application ModeOnline at sbi.bank.in/web/careers
Official Websitesbi.bank.in

Who Should Apply for SBI SCO 2026?

This recruitment is for experienced banking and finance professionals seeking senior roles in wealth management. The contract-based engagement offers competitive CTC with performance-linked pay. Candidates with strong relationship management, investment advisory, or sales experience in banking and financial services are ideal.

Ideal Candidates Include:

  • Wealth management professionals with 3-15 years of experience in banks, AMCs, or financial services firms
  • Chartered Accountants or MBA Finance professionals with credit or investment advisory experience
  • Relationship managers with proven track record in managing HNI and retail portfolios
  • Investment advisors with NISM, CFP, or CFA certifications
  • Those willing to serve anywhere in India across 17 SBI Circles

Why Apply?

  • Competitive CTC up to Rs. 97 lakh per annum, negotiable based on experience
  • Performance Linked Pay of 0% to 45% of Fixed Pay
  • Career growth in India's largest public sector bank's wealth management vertical
  • 207 vacancies across 7 designations and 17 circles
  • 5-year contract renewable for 4 more years

Important Dates and Application Fee

Tip: Apply well before 25 September 2026. Keep your email ID and mobile number active throughout the recruitment process - all communication will be sent via email.

Important Dates

EventDate & Time
Notification Date04 September 2026
Online Registration and Fee Payment Start04 September 2026
Last Date for Online Registration and Fee Payment25 September 2026

Application Fee

CategoryFee
UR / EWS / OBCRs. 750
SC / ST / PwBDExempted
Payment ModeOnline through Debit Card, Credit Card, or Internet Banking
Refund PolicyNon-refundable; not adjusted for any other examination or selection

Vacancy Details and Eligibility

SBI has notified 207 tentative vacancies across seven posts. The vacancies are indicative and the Bank reserves the right to transfer selected officers to any of its offices, associates, subsidiaries, or other organizations depending on the exigencies of service.

Vacancy Breakdown

Post NameSCSTOBCEWSURTotal
Zonal Head (Retail)001001
Regional Head111025
Relationship Manager-Team Lead33321324
Investment Specialist312039
Investment Officer011024
VP Wealth18193921391
AVP Wealth1451872973
Total3930641162207

Eligibility Criteria

PostEducational QualificationExperience (Mandatory)
Zonal Head (Retail)Graduate (MBA in Banking/Finance/Marketing, CFP/CFA/NISM preferred)Min. 15 years in managing sales in Wealth Management/Retail Banking/AMCs, including 5+ years leading a large team
Regional HeadGraduate (MBA, CFP/CFA/NISM preferred)Min. 12+ years in relationship management, preferably in wealth management, including 5+ years leading a large team
Relationship Manager-Team LeadGraduate (MBA, CFP/CFA/NISM preferred)Min. 8 years in relationship management, preferably in wealth management; Team Lead experience preferred
Investment SpecialistPG Degree/Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, Actuarial Science, or CA/CFAMin. 6 years as investment advisor/counsellor/officer in Wealth Management Firms/AMCs
Investment OfficerPG Degree/Diploma as above, or CA/CFAMin. 4 years as above
VP WealthGraduate (PG in Finance/Marketing/Banking preferred; NISM V-A/XXI-A/CFP/CFA preferred)6 years in sales and marketing with leading banks/wealth firms/AMCs; min. 6 years as RM preferred
AVP WealthGraduate (PG in Finance/Marketing/Banking preferred; NISM V-A/XXI-A/CFP/CFA preferred)3 years in sales and marketing with leading banks/wealth firms/AMCs, or 4 years as SBI Wealth CRE; min. 3 years as RM preferred

Age Limit (as on 31-08-2026)

PostMinimum AgeMaximum Age
Zonal Head (Retail)35 years50 years
Regional Head35 years50 years
Relationship Manager-Team Lead28 years42 years
Investment Specialist28 years42 years
Investment Officer28 years40 years
VP Wealth26 years42 years
AVP Wealth23 years35 years

Maximum age indicated is for Unreserved category candidates. Relaxation in upper age limit is available to reserved category candidates as per Government of India guidelines.

Selection Process

Selection for SBI Specialist Cadre Officers is through a multi-stage process involving shortlisting, interview, and CTC negotiation. There is no written examination.

Selection Stages

  • Stage 1: Shortlisting - based on qualification, experience, and fit for the role
  • Stage 2: Interview - one or more rounds of personal, telephonic, or video interview (100 marks)
  • Stage 3: CTC Negotiation - conducted individually with shortlisted candidates
  • Stage 4: Merit List - descending order of interview scores; ties broken by age (descending)
  • Stage 5: Document Verification and Final Selection

Interview Details

  • Interview carries 100 marks
  • Qualifying marks decided by the Bank
  • Can be personal, telephonic, or video interview
  • Government/PSU employees must produce NOC at interview
  • Mere fulfilment of minimum criteria does not guarantee interview call

Salary and Job Profile

CTC and Contract Details

PostCTC Upper Range (Rs. in Lakhs per Annum)
Zonal Head (Retail)97.00
Regional Head66.40
Relationship Manager-Team Lead51.80
Investment Specialist44.50
Investment Officer27.10
VP Wealth44.70
AVP Wealth30.20

Annual CTC is negotiable and depends on the candidate's experience, current emoluments, and place of posting. All posts are eligible for Performance Linked Pay (0% to 45% of Fixed Pay) and an Annual Increment Band. The contract period is 5 years, renewable for another 4 years at the Bank's discretion, and can be terminated by either side with 2 months' notice or payment/surrender of 2 months' compensation in lieu.

Job Profile

  • Zonal Head / Regional Head: Lead and manage wealth management operations across zones/regions, drive business growth, and oversee team performance
  • Relationship Manager-Team Lead: Manage client relationships, lead a team of RMs, and achieve business targets in wealth products
  • Investment Specialist / Investment Officer: Provide investment advisory, manage portfolios, and ensure compliance with SEBI/AMFI guidelines
  • VP Wealth / AVP Wealth: Sales and marketing of wealth products including mutual funds, insurance, PMS, and other investment products
  • All roles involve client relationship management, portfolio management, and compliance with regulatory guidelines

Suggested Place of Posting

PostSuggested Place of Posting
Zonal Head (Retail)East Zone (Kolkata)
Regional HeadBengaluru, Bhopal, Hyderabad, Guwahati, Patna
All other postsCentres within the applied/opted Circle

How to Apply

Step-by-Step Application Process

  • Step 1: Visit sbi.bank.in/web/careers/current-openings and download the detailed advertisement CRPD/SCO/2026-27/23
  • Step 2: Click on the apply link and register online with a valid email ID; keep it active until declaration of results
  • Step 3: Scan and upload your latest photograph and signature as specified; the application will not register without these
  • Step 4: Upload all relevant documents: resume, ID proof, age proof, caste certificate, PwBD certificate (if applicable), educational qualification certificates, experience certificates, and biodata
  • Step 5: Fill the application carefully, note the system-generated registration number and password
  • Step 6: Pay the application fee online (Rs. 750 for Gen/EWS/OBC; exempted for SC/ST/PwBD)
  • Step 7: Take a printout of the submitted application form and the fee e-receipt for your records

Important Instructions

  • No changes are allowed after final submission of the application form
  • Candidates can apply for more than one post if they fulfil all eligibility criteria for each post
  • Hard copies of the application and documents need not be sent to the Bank
  • Apply well before the closing date, 25 September 2026, to avoid last-minute technical issues

Documents Required

Essential Documents

  • Valid Photo ID (Aadhaar, PAN, Passport, Voter ID, or Driving License)
  • Date of Birth proof (10th Marksheet or Birth Certificate)
  • Educational qualification certificates (Graduation and PG if applicable)
  • Post-qualification experience certificates from all previous employers
  • Scanned photograph (recent, as per specifications)
  • Scanned signature
  • Resume / biodata
  • CFP/CFA/NISM certification (if applicable)

Category and Other Certificates

  • Caste Certificate (SC/ST/OBC) issued by competent authority
  • OBC Non-Creamy Layer Certificate (recent, as per government format)
  • EWS Certificate (Income and Asset Certificate)
  • PwBD Certificate issued by competent medical authority
  • No Objection Certificate (for Government/PSU employees) at the time of interview
  • Experience certificates detailing designation, period, and nature of work
  • CA membership certificate (for Investment Specialist/Officer posts)

Frequently Asked Questions

Q1. What is SBI SCO Recruitment 2026?

It is the engagement of Specialist Cadre Officers on contract basis by State Bank of India for its Wealth Management vertical, covering 207 tentative posts under Advertisement No. CRPD/SCO/2026-27/23.

Q2. How many vacancies are available in SBI SCO Recruitment 2026?

There are 207 tentative vacancies across seven posts: 1 Zonal Head, 5 Regional Head, 24 Relationship Manager-Team Lead, 9 Investment Specialist, 4 Investment Officer, 91 VP Wealth, and 73 AVP Wealth.

Q3. What is the last date to apply for SBI SCO Recruitment 2026?

The last date for online registration and payment of fees is 25 September 2026.

Q4. What is the qualification required for SBI SCO posts?

Candidates must be graduates from a Government-recognized university. MBA in Banking/Finance/Marketing, CFP/CFA/NISM certifications, and CA qualifications are preferred depending on the post.

Q5. What is the age limit for SBI SCO Recruitment 2026?

Age limits vary by post as on 31-08-2026: 35-50 years for Zonal Head/Regional Head, 28-42 for RM-Team Lead/Investment Specialist, 28-40 for Investment Officer, 26-42 for VP Wealth, and 23-35 for AVP Wealth.

Q6. What is the selection process for SBI SCO Recruitment 2026?

Selection involves shortlisting based on qualification and experience, followed by one or more rounds of interview carrying 100 marks, and individual CTC negotiation. Merit is based on interview scores.

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With over a decade of expertise, I am a dedicated content writer and the founder of Sarkari Rojgar Kendra. Holding a BA in English, I specialize in delivering clear, "zero-error" recruitment updates. My mission is to bridge the gap between job seekers and their career goals through high-quality, reliable information. Contact : Email : helperr777@gmail.com Whatsapp : 92228317067

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