The State Bank of India (SBI) has released an official notification for the recruitment of 207 Specialist Cadre Officers (SCO) on a contract basis within its Wealth Management vertical. This is an excellent opportunity for experienced graduates to join India’s largest public sector bank. Eligible candidates can apply online for various posts like Zonal Head, Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth across 17 Circles nationwide.
Table of Contents
Overview Table
| ProJobAlert.com | |
| SBI SCO Recruitment 2026 for Specialist Cadre Officers Advertisement No.: CRPD/SCO/2026-27/23 | |
| Recruitment Authority | State Bank of India (SBI) |
| Post Name | Specialist Cadre Officers (SCO) |
| Total Vacancies | 207 |
| Job Location | Pan-India (Across 17 SBI Circles) |
| Start Date to Apply | 04 September 2026 |
| Last Date to Apply | 25 September 2026 |
| Qualification | Graduate, Post-Graduation, CA/CFA |
| Download Notification | Click Here |
| Official Website | Click Here |
| Apply Online Now | |
Important Dates
- Notification Released: 04 September 2026
- Application Start: 04 September 2026
- Last Date to Apply: 25 September 2026
- Exam Date: To be Notified
- Admit Card: To be Notified
- Age & Qualification Reckoning Date: 31 August 2026
Application Fees
- UR/EWS/OBC Candidates: ₹750/-
- SC/ST/PwBD Candidates: Exempted
- Payment Mode: Online (Debit Card/Credit Card/Internet Banking)
Age Limit as on 31 August 2026
- Minimum Age: 23 Years (Varies by Post)
- Maximum Age: 50 Years (Varies by Post)
- Age Relaxation:
- As per Government of India guidelines for reserved categories.
Qualification Details
- Zonal Head (Retail): Graduate with 15 years experience.
- Regional Head (RH): Graduate with 12+ years experience.
- Relationship Manager–Team Lead: Graduate with 8 years experience.
- Investment Specialist (IS): PG Degree/Diploma in Finance/Commerce or CA/CFA with 6 years experience.
- Investment Officer (IO): PG Degree/Diploma in Finance/Commerce or CA/CFA with 4 years experience.
- VP Wealth: Graduate with 6 years experience.
- AVP Wealth: Graduate with 3 years experience.
Full Eligibility Criteria
Candidates applying for SBI SCO Recruitment 2026 must meet specific educational qualifications and post-qualification experience as of 31 August 2026. Ensure you review the detailed criteria for each Specialist Cadre Officer post below.
| Post Name | Educational Qualification (Mandatory) | Post-Qualification Experience (Mandatory) |
|---|---|---|
| Zonal Head (Retail) | Graduate from a Government-recognized University/Institution (MBA in Banking/Finance/Marketing and CFP/CFA/NISM certifications preferred) | Minimum 15 years in managing sales in Wealth Management/Retail Banking/AMCs, including at least 5 years leading a large team of Relationship Managers and Team Leads. |
| Regional Head (RH) | Graduate (MBA and CFP/CFA/NISM certifications preferred) | Minimum 12+ years in relationship management, preferably in wealth management with leading banks/wealth firms/AMCs, including 5+ years leading a large team. |
| Relationship Manager–Team Lead | Graduate (MBA and CFP/CFA/NISM certifications preferred) | Minimum 8 years in relationship management, preferably in wealth management; experience as a Team Lead preferred. |
| Investment Specialist (IS) | PG Degree/Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, or Actuarial Science, or CA/CFA | Minimum 6 years of post-qualification experience as an investment advisor/counsellor/officer/product-team member in Wealth Management Firms/AMCs. |
| Investment Officer (IO) | PG Degree/Diploma as above, or CA/CFA | Minimum 4 years of post-qualification experience as an investment advisor/counsellor/officer/product-team member in Wealth Management Firms/AMCs. |
| VP Wealth | Graduate (MBA and NISM V-A/XXI-A/CFP/CFA preferred) | Essential: 6 years in sales & marketing with leading banks/wealth firms/AMCs. Preferred: minimum 6 years as a Relationship Manager or similar role in wealth management. |
| AVP Wealth | Graduate (PG in finance/marketing/banking preferred; NISM V-A/XXI-A/CFP/CFA preferred) | 3 years in sales & marketing with leading banks/wealth firms/AMCs, or 4 years as an SBI Wealth CRE. Preferred: minimum 3 years as a Relationship Manager or similar role in wealth management. |
Salary / Pay Scale
The SBI Specialist Cadre Officer positions offer a competitive Cost to Company (CTC) package, which is negotiable based on experience and current emoluments. These are contract-based roles with significant performance-linked incentives.
| Post Name | CTC Upper Range (₹ in Lakhs) |
|---|---|
| Zonal Head (Retail) | 97.00 |
| Regional Head (RH) | 66.40 |
| Relationship Manager–Team Lead | 51.80 |
| Investment Specialist (IS) | 44.50 |
| Investment Officer (IO) | 27.10 |
| VP Wealth (SRM) | 44.70 |
| AVP Wealth (RM) | 30.20 |
- Contract Period: Initially for 5 years, renewable for another 4 years at the Bank’s discretion.
- Performance Linked Pay (PLP): Eligible for 0% to 45% of Fixed Pay based on performance rating.
- Annual Increment: Eligible for an Annual Increment Band as per Bank’s policy.
- Termination Clause: Contract can be terminated with 2 months’ notice or payment in lieu.
Selection Process
The selection for SBI Specialist Cadre Officers is a streamlined process focusing on expertise and experience. There is no written examination; candidates will be selected through shortlisting and interviews.
- Step 1: Shortlisting: Candidates will be shortlisted based on their qualifications and experience as per parameters decided by the Bank’s committee.
- Step 2: Interview: Shortlisted candidates will undergo one or more rounds of personal, telephonic, or video interviews, carrying 100 marks.
- Step 3: CTC Negotiation: Individual CTC negotiation will be conducted with shortlisted candidates during or after the interview process.
- Step 4: Merit List: A final merit list will be prepared in descending order based solely on the interview scores. In case of a tie, older candidates will be ranked higher.
Exam Pattern
For the SBI SCO Recruitment 2026, there is no written examination. The selection process is entirely based on shortlisting followed by an interview and CTC negotiation, emphasizing candidates’ professional experience and skills.
- No Written Exam: Candidates will not be required to appear for any written test.
- Focus on Interview: Selection is primarily driven by performance in the interview rounds.
- Experience-Based Selection: The process is designed to identify candidates with relevant expertise in wealth management.
Post / Category Wise Vacancy Details
SBI has announced 207 tentative vacancies for Specialist Cadre Officers across various posts. These vacancies are indicative and subject to change based on the Bank’s requirements. Horizontal PwBD reservations are also included.
| Post Name | SC | ST | OBC | EWS | UR | Total |
|---|---|---|---|---|---|---|
| Zonal Head (Retail) | 0 | 0 | 1 | 0 | 0 | 1 |
| Regional Head (RH) | 1 | 1 | 1 | 0 | 2 | 5 |
| Relationship Manager–Team Lead | 3 | 3 | 3 | 2 | 13 | 24 |
| Investment Specialist (IS) | 3 | 1 | 2 | 0 | 3 | 9 |
| Investment Officer (IO) | 0 | 1 | 1 | 0 | 2 | 4 |
| VP Wealth | 18 | 19 | 39 | 2 | 13 | 91 |
| AVP Wealth | 14 | 5 | 18 | 7 | 29 | 73 |
| Total | 39 | 30 | 65 | 11 | 62 | 207 |
Circle-Wise Vacancy Details (for specific posts)
Candidates applying for Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth must indicate three preferred Circles during application. Vacancies are distributed across 17 SBI Circles.
| Circle | RM–Team Lead | Investment Specialist | Investment Officer | VP Wealth | AVP Wealth |
|---|---|---|---|---|---|
| Amaravati | 2 | 0 | 0 | 0 | 0 |
| Bengaluru | 2 | 0 | 1 | 28 | 20 |
| Bhopal | 1 | 1 | 0 | 3 | 4 |
| Bhubaneshwar | 1 | 0 | 1 | 0 | 0 |
| Chandigarh | 1 | 0 | 0 | 0 | 0 |
| Chennai | 0 | 0 | 0 | 6 | 2 |
| Gandhinagar | 1 | 0 | 1 | 2 | 0 |
| Guwahati | 2 | 0 | 0 | 0 | 0 |
| Hyderabad | 1 | 1 | 1 | 9 | 0 |
| Jaipur | 0 | 1 | 0 | 7 | 8 |
| Kolkata | 1 | 1 | 0 | 11 | 6 |
| Lucknow | 2 | 0 | 0 | 0 | 4 |
| Maharashtra | 1 | 1 | 0 | 0 | 0 |
| Mumbai Metro | 0 | 1 | 0 | 0 | 0 |
| New Delhi | 4 | 2 | 0 | 18 | 16 |
| Patna | 2 | 0 | 0 | 0 | 0 |
| Thiruvananthapuram | 3 | 1 | 0 | 7 | 13 |
| Total | 24 | 9 | 4 | 91 | 73 |
Job Profile & Responsibility
As a Specialist Cadre Officer (SCO) in SBI’s Wealth Management vertical, you will play a crucial role in managing and growing client relationships, driving investment sales, and ensuring compliance. Responsibilities vary by post, focusing on acquiring HNI/Affluent clients, managing teams, and providing expert financial advice.
| Post Name | Key Responsibilities |
|---|---|
| Zonal Head (Retail) | Managing Zonal Sales for Wealth Management, leading RM Teams, acquiring HNI/Affluent Customers, ensuring compliance, and conducting zone development activities. |
| Regional Head (RH) | Managing teams of RMs & Investment Officers, achieving targets for Acquisition, Nurturing, Growth, and Strengthening relationships with Affluent/UHNI/HNI clients, cross-selling products, and monitoring portfolio reviews. |
| Relationship Manager–Team Lead | Managing RM teams, acquiring HNI/Affluent clients, increasing Total Relationship Value (TRV) and Assets Under Management (AUM), selling investment/insurance products, and ensuring compliance. |
| Investment Specialist (IS) | Guiding clients on financial products, providing expert investment opinions, preparing presentations, researching new opportunities, and coaching RM teams on market developments. |
| Investment Officer (IO) | Assisting VP Wealth/RMs with investment expertise, preparing client presentations, providing incidental tax advice, researching investment opportunities, and improving client understanding of complex products. |
| VP Wealth | Acquiring and nurturing Affluent/UHNI/HNI clients, cross-selling investment/insurance/asset products, increasing TRV/AUM, conducting financial needs analysis, and ensuring compliance. |
| AVP Wealth | Acquiring and strengthening relationships with Affluent/HNI clients, growing CASA/portfolio AUM, selling mortgages/credit cards, conducting financial needs analysis, and ensuring AMFI/IRDA/NISM certifications. |
- Client-Centric Approach: All roles emphasize a strong focus on client satisfaction and relationship building.
- Compliance: Strict adherence to guidelines, systems, and procedures is mandatory across all positions.
- Business Growth: Key focus on achieving business objectives, increasing AUM, and product penetration.
How to Apply
Interested and eligible candidates for the SBI SCO Recruitment 2026 must apply online through the official SBI careers portal. Ensure you have all necessary documents ready for upload before starting the application process.
- Visit Official Website: Go to the SBI careers page at https://sbi.bank.in/web/careers/current-openings.
- Download Advertisement: Locate and download the detailed advertisement CRPD/SCO/2026-27/23 to understand all eligibility criteria and instructions.
- Register Online: Click on the “Apply Online” link and complete the online registration process. Keep a valid email ID active.
- Upload Documents: Scan and upload your latest photograph, signature, resume, ID proof, age proof, caste certificate (if applicable), educational certificates, and experience certificates as specified.
- Fill Application Form: Carefully fill in all required details in the application form. You can save and edit the application up to three times before final submission.
- Pay Application Fee: Proceed to pay the application fee online (₹750 for UR/EWS/OBC; SC/ST/PwBD exempted) through the integrated payment gateway.
- Print Application: After successful submission and fee payment, take a printout of the e-receipt and the submitted application form for your records.
- No Hard Copy: Do not send hard copies of the application or documents to the Bank.
Important Links
| Apply Online | Click Here |
| Download Notification | Click Here |
| Official Website | Click Here |
| All India Govt Jobs | Click Here |
| Banking Jobs | Click Here |
| Latest Govt Jobs 2026 | Click Here |
Frequently Asked Questions (FAQs)
What is the last date to apply for SBI SCO Recruitment 2026?
The last date for online application and fee payment for SBI Specialist Cadre Officers (SCO) Recruitment 2026 is 25 September 2026.
How many vacancies are available in SBI SCO Recruitment 2026?
There are a total of 207 tentative vacancies for various Specialist Cadre Officer posts in SBI’s Wealth Management vertical.
What is the selection process for SBI SCO posts?
The selection process involves shortlisting based on eligibility criteria, followed by one or more rounds of interviews, and subsequent CTC negotiation. There is no written exam.
What is the application fee for SBI SCO Recruitment?
The application fee is ₹750/- for UR/EWS/OBC candidates. SC/ST/PwBD candidates are exempted from paying the fee.
What is the contract period for SBI Specialist Cadre Officers?
The engagement is on a contract basis for 5 years, which is renewable for another 4 years at the discretion of the Bank.
Can candidates apply for more than one post in SBI SCO Recruitment?
Yes, candidates can apply for more than one post if they fulfill all the eligibility criteria for each specific post.
Where will the job posting be for SBI SCO?
The job posting for SBI SCO positions will be Pan-India, across 17 SBI Circles. Specific posts may have suggested places of posting.