SBI Specialist Cadre Officers Recruitment 2025 for Wealth Management Division (Contract Basis)
State Bank of India (SBI) has released an official notification — Advertisement No. CRPD/SCO/2025-26/15 — inviting applications from eligible Indian citizens for the appointment of Specialist Cadre Officers (SCOs) on a contract basis in the Wealth Management sector.
🔹 Key Details
- Organization: State Bank of India (SBI)
- Department: Central Recruitment & Promotion Department, Corporate Centre, Mumbai
- Mode of Application: Online
- Official Website: https://sbi.bank.in/web/careers/current-openings
- Advertisement No.: CRPD/SCO/2025-26/15
- Online Application & Fee Payment Dates: 27.10.2025 to 17.11.2025
- Engagement Type: Contract (5 years, renewable up to 9 years at Bank’s discretion)
🔹 Vacancies and Age Limits (as on 01.05.2025)
| Sl. No | Post Name | Total Vacancies | Age Limit (Years) |
|---|---|---|---|
| 1 | Head (Product, Investment & Research) | 1 | 35 – 50 |
| 2 | Zonal Head (Retail) | 4 | 35 – 50 |
| 3 | Regional Head | 7 | 35 – 50 |
| 4 | Relationship Manager – Team Lead | 19 | 28 – 42 |
| 5 | Investment Specialist (IS) | 22 | 28 – 42 |
| 6 | Investment Officer (IO) | 46 | 28 – 40 |
| 7 | Project Development Manager (Business) | 2 | 30 – 40 |
| 8 | Central Research Team (Support) | 2 | 25 – 35 |
Reservation and relaxation as per Government of India norms.
🔹 Place of Posting
Positions are available across multiple zones and circles — including Mumbai, Delhi, Kolkata, Bengaluru, Patna, Guwahati, and others.
For roles like Relationship Manager, Investment Specialist, and Investment Officer, candidates can choose three preferred circles during application.
🔹 Educational Qualifications & Experience (Highlights)
1. Head (Product, Investment & Research)
- Qualification: Graduate/PG from recognized University; CA/CFA/CFP/NISM preferred.
- Experience: 15+ years in Financial Services, with 8 years in Wealth Management.
2. Zonal Head (Retail)
- Qualification: Graduate; MBA preferred.
- Experience: 15+ years in Wealth Management/Retail Banking; 5+ years leading large teams.
3. Relationship Manager – Team Lead
- Qualification: Graduate; MBA or NISM preferred.
- Experience: 8+ years in Wealth/Investment/Banking firms; leadership preferred.
4. Investment Specialist / Officer
- Qualification: PG in Finance/Commerce/Economics or CA/CFA.
- Experience: 4–6 years in Investment Advisory/Wealth Firms/AMCs.
5. Central Research Team (Support)
- Qualification: Graduate in Commerce/Finance/Economics; PG preferred.
- Experience: 3+ years supporting research/publications in financial institutions.
🔹 Salary Structure (Annual CTC Upper Range)
| Post | Annual CTC (₹ in Lakhs) |
|---|---|
| Head (Product, Investment & Research) | 135.00 |
| Zonal Head (Retail) | 97.00 |
| Regional Head | 66.40 |
| Relationship Manager – Team Lead | 51.80 |
| Investment Specialist | 44.50 |
| Investment Officer | 27.10 |
| Project Development Manager | 30.10 |
| Central Research Team (Support) | 20.60 |
💰 Performance Linked Pay (PLP) and Annual Increment (0–25%) based on performance are applicable.
🔹 Selection Process
- Shortlisting: Based on qualification and experience.
- Interview: 100 marks (Telephonic/Video/Personal).
- CTC Negotiation: May be conducted after interview.
- Final Merit List: Based on interview score (tie-breaker by age).
🔹 Application Fee
- General / OBC / EWS: ₹750
- SC / ST / PwBD: Nil
Payment to be made online only via Debit/Credit Card or Internet Banking.
🔹 How to Apply
- Visit the SBI Careers page:
🔗 https://sbi.bank.in/web/careers/current-openings - Select the advertisement “CRPD/SCO/2025-26/15”.
- Read the detailed notification carefully.
- Register online and complete the application form.
- Upload required documents (Photo, Signature, Certificates, Resume, etc.).
- Pay the fee and submit.
📄 Last Date to Apply Online: 17th November 2025
🔹 Key Instructions
- Only online applications will be accepted.
- Teaching/training experience will not be counted towards eligibility.
- Candidates can apply for more than one post if eligible.
- All communication will be sent via email only — no hard copies.
- Candidates should regularly check the SBI career portal for updates.
🔹 Official Notification Download
📥 SBI Specialist Cadre Officers (Wealth Management) Recruitment 2025 – Advertisement PDF
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