State Bank of India, the country's largest public sector bank, has announced recruitment for Specialist Cadre Officers on a contractual basis in its Wealth Management & Premier Banking Department. The notification covers six vacancies across five posts, including Head Sales, Central Research Team (Product Lead), Manager (Business Process), Project Development Manager (Technology) and Central Operations Team (COT) Support. These are senior specialist roles, with posting suggested at Mumbai and engagement through shortlisting and interview.
SBI Recruitment 2026 - Head Sales, Central Research Team (Product Lead) and Other Posts
- Notification30 Sept
- Applications Open30 Sept
About SBI Specialist Cadre Officer Recruitment 2026
Job Overview
- Organization
- State Bank of India
- Advertisement No.
- CRPD/SCO/2026-27/25
- Post Name
- Head Sales, Central Research Team (Product Lead) and 3 more
- Job Location
- All India
- Who Can Apply
- Candidates from anywhere in India
- Job Type
- Contract
- Age Limit
- 25–52 years
- Gender
- All
- Nationality
- Indian
- Tenure
- 5 years, renewable for another 4 years at the discretion of the Bank
- Notice Period
- 2 months' notice from either side or payment/surrender of 2 months' compensation in lieu
Vacancy Breakdown
| Post Name | UR | OBC | SC | Total |
|---|---|---|---|---|
| Head Sales | 1 | — | — | 1 |
| Central Research Team (Product Lead) | 1 | — | 1 | 2 |
| Manager (Business Process) | 1 | — | — | 1 |
| Project Development Manager (Technology) | 1 | — | — | 1 |
| Central Operations Team (COT) Support | — | 1 | — | 1 |
| Grand Total | 4 | 1 | 1 | 6 |
Eligibility Details
Requirements differ by post — open a post to see its own.
Head Sales1 post
- Qualification
- Mandatory: MBA/PGDM from reputed Colleges/ universities. Preferred: CFP / CFA / NISM V-A / NISM 21-A
- Experience
- Minimum 15 years of experience in managing sales team in Wealth Management / Retail Banking / AMCs, out of which minimum 8 years of experience in leading a large team of Relationship Managers and Team Leads, preferably in Wealth Management Firms or Asset Management Companies (AMCs)
- Age Limit
- 40 to 52 years as on 31.08.2026
- Preferred Skills
- Should have managed a large management team; excellent knowledge of equity products, PMS, AIF, mutual funds and advisory; exposure to CRM; proven track record of high performance and leadership; relevant work experience at a national level with large wealth management organisations; should have managed a large team of relationship managers and team leads at a national level. These skills will be tested at the interview.
Central Research Team (Product Lead)2 posts
- Qualification
- Mandatory: MBA/PGDM from recognized College/University or CA/CFA. Preferred: NISM Investment Advisor / Research Analyst Certificate / CFP / NISM 21A or 21B
- Experience
- Minimum 5 years in Equity Research/Products experience in Wealth Management / AMC (Mutual Funds) / Banks
- Age Limit
- 30 to 45 years as on 31.08.2026
- Preferred Skills
- Minimum 8 years' experience in equity/fixed income research/MF research analytics; knowledge of local and global economic trends; knowledge of primary/secondary equity markets, fixed income and PMS/AIF/MF/structured products; experience creating research-based publications; proficiency in Excel, modelling, Bloomberg, Reuters, Morning Star and CRISIL databases; understanding of exchange traded products including bonds, INVIT, MLDs, REITs and Section 54 EC bonds. These skills will be tested at the interview.
Manager (Business Process)1 post
- Qualification
- Mandatory: MBA/PGDM from Government recognised University or Institution
- Experience
- Minimum 5 years in Bank / Wealth Management firms / broking firms. Preferred: experience in business processes in wealth management area
- Age Limit
- 30 to 40 years as on 31.08.2026
Project Development Manager (Technology)1 post
- Qualification
- Mandatory: BE / B.Tech / ME / M.Tech / MBA / MMS / PGDM / PGDBM from Government recognized University or Institution
- Experience
- Minimum 4 years' experience in banking Technology, preferably in a business function
- Age Limit
- 25 to 40 years as on 31.08.2026
Central Operations Team (COT) Support1 post
- Qualification
- Mandatory: Graduates from Government recognised University or Institution
- Experience
- Minimum 3 years in financial services, investment advisory, private banking or Wealth Management Solution Providers, out of which minimum two years' experience in Central Operations in Wealth Management business
- Age Limit
- 30 to 40 years as on 31.08.2026
- Note
- One horizontal PwBD vacancy for Visually Impaired (VI) candidates is included in the OBC vacancy for this post.
- Preferred Skills
- Excellent knowledge of equity products, structured products, PMS, mutual funds and advisory. These skills will be tested at the interview.
Age Limit
Post-wise, as on 31.08.2026: Head Sales 40 to 52 years, Central Research Team (Product Lead) 30 to 45 years, Manager (Business Process) 30 to 40 years, Project Development Manager (Technology) 25 to 40 years, Central Operations Team (COT) Support 30 to 40 years
Age Relaxation
Upper age relaxation for reserved category candidates as per Government of India guidelines, wherever applicable.
Application Fee
Selection Process
- 1Shortlisting
A committee constituted by the Bank decides the shortlisting parameters and calls an adequate number of candidates; shortlisting is provisional and without verification of original documents.
- 2Interview
One or more rounds of personal or video interview carrying 100 marks; the qualifying marks are decided by the Bank.
- 3CTC Negotiation
The Bank negotiates the cost to company with shortlisted or provisionally qualified candidates, either during the interview or separately in order of merit.
Salary Structure
| Post | Pay |
|---|---|
| Head Sales | Annual CTC upper limit Rs. 199.00 lakhs (Fixed Pay Rs. 147.00 lakhs plus conveyance, mobile and medical allowances of Rs. 0.38 lakhs, performance linked pay 0% to 35% of fixed pay and annual increment band 0% to 25%) |
| Central Research Team (Product Lead) | Annual CTC upper limit Rs. 77.20 lakhs (Fixed Pay Rs. 57.00 lakhs plus conveyance, mobile and medical allowances of Rs. 0.38 lakhs, performance linked pay 0% to 35% of fixed pay and annual increment band 0% to 25%) |
| Manager (Business Process) | Annual CTC upper limit Rs. 47.20 lakhs (Fixed Pay Rs. 34.75 lakhs plus conveyance, mobile and medical allowances of Rs. 0.32 lakhs, performance linked pay 0% to 35% of fixed pay and annual increment band 0% to 25%) |
| Project Development Manager (Technology) | Annual CTC upper limit Rs. 47.20 lakhs (Fixed Pay Rs. 34.75 lakhs plus conveyance, mobile and medical allowances of Rs. 0.32 lakhs, performance linked pay 0% to 35% of fixed pay and annual increment band 0% to 25%) |
| Central Operations Team (COT) Support | Annual CTC upper limit Rs. 37.20 lakhs (Fixed Pay Rs. 27.32 lakhs plus conveyance, mobile and medical allowances of Rs. 0.32 lakhs, performance linked pay 0% to 35% of fixed pay and annual increment band 0% to 25%) |
How to Apply
- 1Open the SBI careers page and click the advertisement for Advt. No. CRPD/SCO/2026-27/25
- 2Register online with a valid email ID and mobile number and note the provisional registration number and password
- 3Fill in the application form; a saved application can be edited three times only
- 4Upload the photograph, signature and the required documents in the prescribed format
- 5Review the application before final submission, as no corrections are allowed afterwards
- 6Pay the application fee online by debit card, credit card or internet banking, if applicable
- 7Print the e-receipt and the submitted application form
Documents to Carry / Upload
Important Details
- Candidates working in SBI Group companies must produce a No Objection Certificate from their employer while applying.
- Teaching and training experience is not counted for eligibility, and experience of less than six months in any organisation is not considered.
- Candidates may apply for more than one post if they fulfil the eligibility criteria for each.
- Candidates who were issued offer letters in an earlier Wealth Management & Premier Banking recruitment but did not join, and those who resigned from a contract engagement under this advertisement, are debarred for two years; where a caution notice has been issued, they are barred from all forthcoming recruitments.
- Engagement is subject to the candidate being declared medically fit and to the Bank's service and conduct rules, and the Bank may transfer officers to any SBI office in India or depute them to associates, subsidiaries or other organisations.
Bifurcation of Annual CTC (Maximum Limit)
| Post | Fixed Pay | Conveyance, Mobile, Medical Allowances |
|---|---|---|
| Head Sales | INR 147.00 Lakhs | INR 0.38 Lakhs |
| Central Research Team (Product Lead) | INR 57.00 Lakhs | INR 0.38 Lakhs |
| Manager (Business Process) | INR 34.75 Lakhs | INR 0.32 Lakhs |
| Project Development Manager (Technology) | INR 34.75 Lakhs | INR 0.32 Lakhs |
| Central Operations Team (COT) Support | INR 27.32 Lakhs | INR 0.32 Lakhs |
Performance Linked Pay: 0% to 35% of Fixed PayAnnual Increment Band: 0% to 25%
How Work Experience Is Verified
- Period of work experience is reckoned from the details furnished in the Biodata/Resume at the time of shortlisting and interview
- Verification is carried out at the time of interview or joining through a certificate of experience issued by the employer
- Annual performance appraisal letters
- Combination of appointment and relieving letters
- Combination of offer letter and IT returns
- Any other authentic documentary evidence substantiating the period of experience, subject to satisfactory background and reference checks
Leave and Contract Conditions
- Officers engaged on contract are entitled to 30 days of leave during the financial year
- The contract can be terminated without assigning any reason by giving 2 months' notice from either side or by payment/surrender of 2 months' compensation
- The Bank may transfer officers to any SBI office in India or depute them to associates, subsidiaries or other organisations; requests for a specific place of posting may not be entertained
- Outstation candidates called for interview after shortlisting are reimbursed the cost of travel fare for the shortest route in India or the actual travel cost, whichever is lower; local conveyance is not payable
Contact
Email: [email protected]
Frequently Asked Questions
Can a candidate apply for more than one post?
Yes. Candidates can apply for more than one post if they fulfil all the eligibility criteria for each post.
Is there a written examination for these posts?
No. The selection is through shortlisting, one or more rounds of personal or video interview and CTC negotiation.
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